Chapter 298: Behind the hype of capital
"You can do this...that's fine!"
Jinas touched his chin. At first glance, he always felt that something was wrong...
For example, it seems a bit strange to attribute the 4.6 million invested by Jim Rogers directly to the company's original assets. It turns out that it is an LLC, but as the first investor, Jim's money can be regarded as an angel investment, which is completely fine.
Got financing for the first time.
According to the process, the actual assets of the company should be used as the basis to register the share capital, assuming 300,000 shares.
He held 6,000 shares, and Carter held 294,000 shares, with an actual value of $40 per share. At this time, Jim Rogers came over waving banknotes and said that he would use 4.6 million to acquire 2% of HT Company.
shares.
At this time, the original 300,000 shares actually correspond to 98% of the equity. It is necessary to issue an additional 6,122 shares year-on-year to fill 100% of the complete equity. The total share capital at this time is 306,122 standard shares...
As a result, Carter directly increased the registered share capital to 400,000, which obviously did not match the original number. But after thinking about it, there is not much difference, right?
The total share capital is 400,000 shares, and each of Jim and himself is given 8,000 shares. In fact, it is still 2% of the current shares. The difference is not big, but in this way, Jim’s investment of 4.6 million US dollars does not belong to the program.
Angel's turn...
On the contrary, it is like a founding partner, who has no impact on his personal rights and interests. After all, even if it is an angel round investment, at the A round of financing stage, as long as he does not increase his holdings of newly issued stocks, his actual share proportion will still be reduced year-on-year.
dilution.
This is also a major reason why financing for many companies becomes more difficult as time goes by. Because each round of financing means the need to include more shareholders, and it also means the equity of each shareholder in the previous rounds of financing.
All will be diluted year-on-year. For some investors who have other strategic purposes besides profit, the benefits of a reduction in shareholding ratio far outweigh the benefits of an increase in stock value.
In this case, they may even come out to oppose the company's continued financing...
"If we do this, in the eyes of Wall Street, we are a company that has never experienced financing. It seems that no one is optimistic about us and invests in us. I'm afraid it will affect the valuation..."
"It's okay, it shouldn't be a big problem. If they only saw this, they wouldn't be so eager to come now, right? Besides, I feel that it's not just the TV commercial that makes them so active."
"Oh? How do you say that?"
Carter's words aroused Jinas' interest. Indeed, the spread of advertising has at most allowed various capitals to know that there is such a brand and what products they have launched...
In fact, the content about investment promotion does not exist in TV advertisements at all. Investment companies that are more interested in ht's products or the catering industry may learn more about it in detail.
In this process of understanding, they can learn about ht's business model. This will arouse their interest, start investigation, and start to think about investing...
Whether it is investigation or investment decision-making, this process takes time! Especially now, when capital from all walks of life is swarming...
If this scene happened two months later, Jinas wouldn't think there was anything weird about it. It would be enough time for them to understand what ht is going on and make up their minds on what to do.
"Jim Rogers! He must have promoted it to us after he returned from Hawaii! Does that guy own any catering-related companies? His purpose of investing in HT is to make money!"
"The more valuable our stocks are, the higher their returns will be. The faster our stocks will become valuable, the shorter their return period will be, and the longer the money will stay, which means the lower the time cost..."
Although he had never seen Jim Rogers actually sparing no effort to promote himself, and the other party did not mention this matter during subsequent phone calls. But Carter was very convinced that Jim was definitely doing something behind his back!
Otherwise, the scene before me would not make sense at all!
You can't attribute the cause of this phenomenon to your own tortoise aura, right? If you really have the aura of a tortoise like Long Aotian, your tiger body will shake, and you will be thrown from all directions...
Nima, he wouldn't have been like a turtle grandson back then, being disliked by all kinds of people. Even Microsoft, which was so poor at that time that it was almost impossible to expose the blame, refused to invest in him.
"In addition to his identity, although he left the Quantum Fund last year, his more than ten years of experience was not in vain. The quantum imprint on him is too heavy! There are also many people he knows on Wall Street. In addition, the exaggerated success of the Quantum Fund last year
A return rate of 102%, I estimate..."
"In the eyes of the Wall Street gang, he is like a sweeping monk from the Shaolin Temple. He looks inconspicuous at first glance, but in fact, everyone knows that he is awesome... Then if this awesome person helps us publicize
, shout a few times, say we are good, we are wonderful, we are croaking..."
"'I invested 4.6 million, and I believe it will definitely bring me returns beyond imagination. If you are interested, hurry up and come. Don't blame me, brother, for not telling you how to make money~'... He shouted like this, and directly pulled
A large amount of investment is an exaggeration, but I think this is enough to arouse the interest of the Wall Street gang. After a survey... and then think about it, Jim Rogers generously gave a valuation of more than 200 million and invested nearly
Five million comes in..."
Looking at Carter's "you taste it, you taste it carefully" expression, even though he didn't know what the Shaolin Temple sweeping monk was, Jinas understood the logic.
"That's it! If that's the case, it makes sense! I've often suspected before that these fund companies, investment companies, etc., are too enthusiastic. If Mr. Rogers was behind it, it would be much more normal.
..."
Jinas suddenly realized it, and then couldn't help but feel funny about his original thoughts:
"To tell you the truth, I was still wondering if there was something wrong with us and we were being targeted. Those quotes were just like bait in a trap, just sugar-coated shells to lure us in."
"Ding~"
"Sorry, I'm going to answer the phone!"
Just as the two of them were planning the next step of HT in a relaxed manner, the phone on Genas's desk suddenly rang. After nodding slightly, Carter turned his gaze to the window, looking at the crowds of people walking on the street just after get off work. .
While sighing that he had been one of them, he waited for Genas to answer the phone and continue talking about planning. As a result, Carter didn't have to wait long, only to hear an exclamation from behind...
"What? Full acquisition?!"
"I'm sorry, ht has no plans to sell it for the time being... It's not possible to retain the position. I'm very satisfied with the current salary structure and don't need to..."
"4% of the shares?! I..."
There was an obvious pause in Jinas' voice for a moment, and he was obviously a little moved by the offer made in the phone call from an unknown source.
"Sorry, Mr. Craig, I am not the real boss of ht. There is no use talking to me about the acquisition... He..."
Jinas turned around:
"Coca-Cola called, they want to fully acquire HT, and they offer 28 million!"
Chapter completed!