Chapter 55: Not Brothers, But Better Brothers
Musk was speechless after hearing Li Ying's question.
He is of course very clear about this situation. Unless he does not want to raise funds, the valuation must not be too high.
A friend had already come in and invested $7000 million, so the valuation was $7 million.
If you want to increase the valuation to 10 billion US dollars now, it is impossible for the other party to agree unless they are stupid.
Under normal circumstances, if the valuation increased from US$7 million to US$10 billion after half a year, no one would think it was abnormal, because the company is developing and has been developing for half a year. The valuation has increased. Isn't this a very normal thing?
But the problem is that now is the most serious time of the financial crisis. All companies are out of money, including many large investment banks. They are all busy recovering funds. No one has extra money to invest.
Even if venture capital companies invest, they will be extremely cautious. They will frantically lower the prices and devalue the valuations of the companies they want to invest in. This is an inevitable result.
"Even if the valuation is $7 million and we hold % of the shares, we will have to invest $ million!" Musk said, lowering his proud head.
"A valuation of $7 million is already very low, and a valuation of $6 million is definitely not acceptable! It is too low and seriously underestimates the value of Tesla."
Li Ying smiled and said, "Investment cooperation definitely requires the consent of both parties. If Mr. Musk thinks that our valuation of Tesla is too low, then there is nothing we can do. I can only say that it is a pity. I hope we can have the opportunity to cooperate again in the future."
After Li Ying finished speaking, he stood up and acted as if he was about to leave.
In fact, investing in Tesla was a task assigned to her by Yang Hai and it had to be completed. Of course, Li Ying couldn't just leave like that.
But in negotiations, you must first have a tough attitude. The valuation is $6 million. If you want to cooperate, then cooperate. If you don’t want to cooperate, then I will leave.
Li Ying must have had the confidence to do this. Before coming here, he had investigated the situation of Tesla and knew that Tesla was on the verge of making ends meet. An investment of 120 million US dollars would definitely be a huge sum of money that could save Tesla's life, and there was absolutely no way Musk would refuse it.
Sure enough, facing Li Ying's tough attitude, Musk compromised hastily, because Tesla really couldn't wait! If it couldn't find capital injection, it might be at risk of bankruptcy.
If the company goes bankrupt, all his years of hard work and investment will be wasted.
Although the valuation of US$6 million is a bit low and lower than his own valuation of the company, it is not unacceptable in the current environment.
"Ms. Li, don't be in such a hurry to leave! How can negotiations be so urgent? It must take consultation between both parties to reach an agreement." Musk hurriedly chased after her, stopped Li Ying and said.
"We haven't even started the formal discussion yet. It's a bit inappropriate for Ms. Li to leave in such a hurry."
"Mr. Musk, you also know that in the current economic situation, there are plenty of companies and projects waiting for me to invest. I have money in my hands, so am I still afraid of not being able to find investment projects?" Li Ying said with a smile.
"I didn't tell you that lowering Tesla's valuation to $5 million was already very polite and respectful to Mr. Musk."
"I won't hide it from you. We just completed our investment in Facebook, which was valued at $150 billion last year. We only spent $3 million to get a 150% stake. We directly reduced Facebook's valuation from $60 billion to the current $ billion."
"Do you still think my valuation of Tesla, $6 million, is too low?"
Musk was angry, but he couldn't express it because he really had nothing to say.
In the face of reality, you have to bow your head when you should.
Yang Hai was in high spirits after having successfully completed investments in several companies. After investing in these companies with a future market value of trillions, would he still be afraid of having no money in the future?
It can be said that there are no worries at all, okay?
When the time is right, invest in Penguin’s stocks, A L’s stocks, and National Liquor’s stocks. Then wait until early March next year to sweep through U.S. bank stocks and Internet technology stocks and buy the bottom of the U.S. stock market. Then wait until the U.S. economy recovers, and you’ll make a fortune and be very happy.
By then, he will definitely win without any effort. He will count money until his hands cramp and get those arrogant Americans to work for him. The better they develop their companies, the more money they make, and the more money they will get.
When Yang Hai was daydreaming, his cell phone suddenly rang. Yang Hai looked at the caller ID on the phone, was stunned for a moment, and quickly answered the call.
"Hello! Brother, why did you suddenly remember to call me today?" Yang Hai said with a smile.
The person who called him was named Fan Jinliu, and he was from Fanjia Village, next to Yangjia Village.
When Yang Hai met Fan Jinliu, he was working in a small private ferry factory in Dongguan, earning only about 300 yuan a month. The wages were often not paid and were often delayed for several months.
Finally, Yang Hai brought him to Linhai City and he became an apprentice in a redwood furniture factory.
This guy was probably born to do this. He quickly became very comfortable with the job, learned the skill, and started taking on apprentices.
Although he has a low level of education, he is willing to study hard and can endure hardships. He not only learned the craft of carpentry, but also became very good at it. He can even do drawing and design. Because the two people came from the same place, they took care of each other in a foreign land. Fan Jinliu always called him the boss, and Yang Hai always called him the younger brother.
In fact, Fan Jinliu is actually one year older than him.
But there is no way, after all, he was brought up by Yang Hai.
Moreover, Fan Jinliu's family conditions were very poor. His father passed away early, leaving only his mother.
Although he had several older brothers, they had already started their own families and careers, and were living a tight life. Naturally, they were unable to take care of their younger brother.
Yang Hai came to Linhai earlier than him, and at that time he earned several times more money than Fan Jinliu, so he took good care of him, buying him an electric fan, treating him to midnight snacks, extra meals, etc.
It can be said that although the two are not blood brothers, they are better than blood brothers.
Originally, the relationship between the two was very good, but later Fan Jinliu went to Xianyou, Fujian Province to develop his career. The carpentry wages there were very high, several times higher than those in Linhai.
We contacted each other less and less after that. It’s been more than a year since my rebirth, and this is the first time we’ve talked on the phone.
"We haven't been in touch for a long time. What are you doing now, boss? How are you doing?" Fan Jinliu said with a smile.
"I just returned to Linhai City. Where are you now? How about we meet and have a meal together?"
"I went to the factory you worked at before, and they said you had quit long ago."
"Didn't you go to Xianyou in Fujian Province? Why did you come back? Aren't the wages higher there?" Yang Hai asked.
"The wages there were quite high, but they have come down now. Besides, there is not much to produce. With only a small amount of goods and a few apprentices, how can you make any money? Many factories have closed down, and many carpenters who had fled there from eastern Guangdong have now returned." Fan Jinliu said helplessly.
"If it weren't for this, I wouldn't have come back to Linhai."
After listening to this, Yang Hai nodded and said, "So you ran back to Linhai now. Have you found a job? I guess it's not that easy to find a job here now, right?"
"I just got here and haven't decided where to work yet." Fan Jinliu said.
"It's definitely not a problem to find a job, but it's definitely not as good as what I can earn in Xianyou. I can't earn as much as I can in Xianyou."
"Oh, I see! Where are you now? I'll drive to pick you up!" Yang Hai nodded and said.
"Wow! Boss, when did you buy a car? I'm on Jihua Road in Buji..."
The central area of Linhai City is not far from Buji Jihua Road, only a dozen kilometers away. Yang Hai quickly drove to Jihua Road and met Fan Jinliu.
Fan Jinliu is not tall, but he is very strong and powerful. He is also a loyal and honest person. He seemed very happy when he saw Yang Hai.
After walking around Yang Hai's car, he couldn't help but said in surprise: "You bought a Mercedes-Benz? Damn! This must cost millions, right?"
"Boss, what are you doing now? You've made so much money? Take me with you to make some money."
"Sure! No problem!" Yang Hai said happily.
"Although we are not brothers, I have always treated you as my own brother. If I have the ability to make a fortune, I will definitely not forget you and will take you with me to make fortune."
"Yes! Our relationship is indeed closer than that of brothers, and I have always treated you as my own brother." Fan Jinliu said with a smile.
"I am closer to you than I am to my eldest brother. There is nothing much to say to my eldest brother."
"Let's go, get in the car! You just arrived in Linhai, I'll take you to welcome you." Yang Hai said with a smile.
"Oh, right! Where are your wife and children? Didn't they come with you to Linhai?"
"No! My wife and my two children live with her parents for a long time. Both children need to go to school, and they have to follow me around everywhere. They don't have a stable job and no stable income, which is very inconvenient for the children's studies." Fan Jinliu shook his head and said.
"Alas! This is not a long-term solution!" Yang Hai shook his head helplessly.
"I still need a stable job and a stable income. I will develop in Linhai City in the future and buy a house in Linhai City. This way, my children will have a stable environment for studying."
"I want to, too, but how can I afford a house in Linhai City?" Fan Jinliu sighed helplessly.
(End of this chapter)