All round car designer

Chapter 543 Financing Decisions
Ramsey is different from other entrepreneurs. He did not start his business because of money. His mother owned a dental clinic and his father was a partner in a law firm. He never considered money problem.

The reason why he and Lin Hua founded the company Human is because Ramsey wants to use technology to change people's lives, just like the current Apple, and choosing the direction of artificial intelligence and unmanned driving is the same as he liked since childhood. Interest in cars.

If it was just for money, Ramsey could accept investment from investment institutions as early as a few months ago, and then use the money to build some concept cars, speculate on the concept, and it won't take long to go public and collect money.

The behavior of speculating on concepts and misappropriating money in emerging industries is too common in the world, and in front of you, electric vehicles and driverless cars are definitely the hottest technology concept stocks!
Because of this, Ramsey did not choose to accept foreign capital as early as possible. The price the company needs to pay for the early venture capital investment is too high. Not only does it have to divide the equity, but it will also be disturbed in management. In serious cases , it is not impossible for the founder to be kicked out of the company directly.

The short-sighted behavior of these venture capital companies is very common. As long as the time is ripe, they will immediately cash out and seriously affect the company's future development. Even if some companies are willing to take a long-term view, they will also interfere with the company's strategy. Ramsey will not Risking the company in the hands of these people.

Although it is still not the best time to introduce foreign capital, the company has already made some achievements and does not need to be slaughtered like it was at the beginning. Ramsey has enough confidence to negotiate with the other party and ask the other party not to intervene too much in the company's management.

That's why Ramsey called Lin Hua over to discuss this matter together.

"There are many investment institutions and companies that are interested in our company. I won't talk about the small ones. At present, the investment we have received the latest and the highest offer is the one from Nikola. You should know this , I have told you." Lin Hua said.

"For 2000 million US dollars, more than 40.00% of our shares will be taken away. I can't agree to this. The first is that the offer is too low, and the second is that the shareholding is too large, which cannot meet my requirements." Ramsey directly said shook his head.

Just holding patents on DAS systems and visual computing, Ramsey felt that the valuation of Human would not be less than 2000 million U.S. dollars. Nikola wanted to exchange nearly 50.00% of their shares for [-] million, which is absolutely impossible. possible.

Nikola has made three consecutive offers to them, and the offers have been higher each time, but none of them have reached the ideal price in Ramsey's mind.

"Nicholas wants to buy so many of our shares, it must be to replace us in management, otherwise they wouldn't make an offer like this, and their shareholding is indeed too much." Lin Hua also nodded in agreement.

Lin Hua and the others know a little about Trump, and his management is too strong. Once Nikola becomes the company's major shareholder, the founders will not spend much time in the company's management. up.

"To formally notify Nikola of our appeal, the first is to increase the quotation, and the second is to reduce the shareholding. I hope that the two parties can sit down and have a face-to-face discussion." Ramsey continued. .

"Nikola has just reached a cooperation agreement with China's technology giant Baixun. I think it is very unlikely that they will increase their quotation in a short period of time. They will not cooperate with us as urgently as before. It should be a tug of war." Lin Hua analyzed.

The theme of cooperation between Nikola and Baixun is also artificial intelligence and autonomous driving, and the research direction overlaps with that of Human. Even if the other party gives up cooperation with them now, Lin Hua will not be surprised.

"Let's put forward our request first. As for the reaction of Nikola, we don't care about that. Even if they withdraw from the competition, our company will not lack investors." Take it to heart.

Even if Nicholas didn't withdraw, they might not necessarily be the final victors. This required Ramsey and the others to study and decide.

"Okay, I'll convey these requirements to them later." Lin Hua replied while making notes.

"Several investment institutions on Wall Street, how do you evaluate, which institution is worthy of our serious consideration?"

"If according to your request, you want them to pay a high price, but you don't want them to take too many shares, and you don't want them to criticize us in management, let alone those few investment institutions, just look at the entire Wall Street , and none of them met these requirements." Lin Hua replied with a wry smile.

Lin Hua himself agrees with Ramsey's demands, and he doesn't want the company he worked so hard to build to end up in the hands of capitalists who look at money.

But now is the time when the company is short of money. If the requirements are not lowered, I am afraid that the matter of financing will be slowed down.

Ramsey shrugged, "Then what should I do? Why isn't a big philanthropist able to meet my request? I think my request is reasonable, and I will definitely not let them lose money."

"If you were them, you wouldn't agree to these demands."

"If I were them, Human would have been on my investment blacklist long ago, hahaha."

"Why don't we do this? In the evening, all of our staff will have an internal meeting to study the matter of financing. Haven't Thomson and the others worked on Wall Street for several years? Listen to their opinions?" There was a burst of laughter Afterwards, Ramsey suggested.

"I have no problem with this. I should discuss it carefully. If there is nothing else, I will call them here now." After speaking, Lin Hua stood up and was about to go out, but just after taking a few steps, he slapped him hard. Head, "There's something I almost forgot!"

"What's the matter? If it's not important, it's not too late to talk about it after finishing the financing."

"It's about financing." Lin Hua turned around, "Do you still know the leader I practiced before?"

"Of course I know. He has helped us several times. I haven't had time to thank him yet." Ramsey replied.

"My leader called me in the morning and introduced a person to us, and this person and his company are very interested in our company. Yesterday, this company officially offered us A takeover offer has been made..."

"A takeover offer? Needless to say, it is impossible for me to agree to sell the company as a whole." Before Lin Hua could finish speaking, Ramsey interrupted directly.

Nikola proposed to acquire 40.00% of the shares, but Ramsey did not agree, let alone the acquisition offer?

Lin Hua smiled, "Listen to me first, you don't know which company it is, so you are so eager to refuse?"

"Nor any company."

"Forget it, let me tell you directly, the one who wants to buy us is Tesla, and the person my leader recommended is Zhou Fei, and they are going to the United States soon."

(End of this chapter)