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Chapter 2462 Idealists

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Entering June, the weather is gradually getting hotter. The temperature in Chengdu is around 28 degrees on weekdays.

The girls changed out of their spring clothes early and changed into cool and eye-catching clothes, so that the men could keep eating ice cream on the streets.

But there is no doubt that summer is a torture for obese people.

The hotter it is, the more they want to enter an air-conditioned room, but the air-conditioning closes the pores and prevents them from sweating. The cold moisture accumulates in the body, which causes more and more minor physical problems.

Hoffman, who weighs 250 pounds, has such troubles.

Silicon Valley is located in California, and the weather in summer is already relatively hot. Unexpectedly, after arriving in Chengdu, the weather would be the same, which made him just want to stay in an air-conditioned room without going out.

When Xiao Qi came to the hotel and saw him, the guy was pouring ice water into his mouth. The temperature of the room had already been set to 18 degrees.

"No, Reed, are you that exaggerated?" Xiao Qi said with a dumb smile.

"The heat alone is nothing. The key is that it's very humid here. It's hot and humid. This environment is really unpleasant." Hoffman complained.

Xiao Qi happened to have lived in California for more than seven years in his previous life, so he knew that the weather in California was very good. Except for a few places, the sea breeze was refreshing and not humid. It has always been one of the places where Chinese people are most willing to move. Hoffman was there

Bian naturally lives a more comfortable life.

Smiling, the young man did not argue with him, and turned to look at the middle-aged man next to him who had been listening to their conversation, "Reed, I've been here for so long, and you still haven't introduced me to who this guy is.

, isn’t that too negligent?”

Hoffman rolled his eyes and said: "I don't believe you don't know him... Elon Musk, my old buddy, is now the president and boss of Tesla Electric Vehicle Company and SpaceX Space Transportation Company."

"Hello, Mr. Masco." Xiao Qi stepped forward with a smile and shook hands with Masco. "I very much agree with your ambition. I am very happy that in the technology industry, except for the profit-seeking person like me,

In addition to businessmen, there are also idealists like you."

Masco originally smiled and wanted to say a few polite words to Xiao Qi. Hearing Xiao Qi's words, he was stunned.

Even Hoffman was a little lost.

None of them expected that Xiao Qi had such a high opinion of Masco.

For a big shot like him who holds the titles of "Business Wizard", "Father of Intelligent Electronics" and "World's Richest Man", it would be enough to make anyone happy that he can say such admiring words, even if they are just polite.

What's more, both of them could see that Xiao Qi was not being polite, but sincere.

In fact, this is also the case.

Xiao Qi has always admired idealists in the entrepreneurial world.

If you want to talk about Musk, at the age of 31, he received 328 million US dollars from the sale of PayPal, which can be said to be a great success.

If it were other ordinary people, like the co-founder of Facebook OK, they also gained a lot of wealth because of the listing, and went directly to Singapore to avoid a large amount of property tax and enjoy a luxurious life.

But Musk was different. The first time he took the money, he invested 100 million US dollars into his own SpaceX space transportation company to expand the scale of research and development. He then invested in Tesla and turned it into

Industries held by oneself.

Tesla is a bit better, even if it is horribly expensive, the research and development costs can always be estimated.

The situation is different for the SpaceX space transportation company. Everyone knows how much it costs to launch a rocket. Even a country thinks it is a big deal, let alone a private company.

But Musk has such a stubborn drive. He wants to develop clean energy vehicles, develop outer space research and immigration programs, and find a way out for the future of mankind.

For this, he invested all his wealth in his previous life, and even borrowed money from his relatives and friends. During the most difficult time, he even worried about receiving a compulsory bankruptcy order from the court every morning when he got up.

.

Days like this. Even when Tesla electric cars received support from the U.S. state and achieved large-scale success; when SpaceX space transportation company successfully launched a rocket and docked with the U.S. space station, nothing changed much. Tesla

Basically there are no rich days.

But a pure entrepreneur with lofty ideals will always be favored by many knowledgeable people.

For example, Google CEO Page once said that after his death, most of his tens of billions of dollars in property will be donated to Tesla and SpaceX to help them complete various research and development that is beneficial to mankind.

.

In addition, some other wealthy people also donated money to help Musk continue to move forward, so these two companies slowly survived and slowly showed signs of development and growth.

According to Xiao Qi's knowledge in his previous life, now seems to be the most difficult time for Masco.

With the advent of the financial crisis in the United States, money is being tightened everywhere, and Musk's capital chain is already on the verge of breaking.

Tesla's electric bicycles were well-received but not popular. Not many units were sold in total. Even the research and development costs were far from enough, let alone making money to support a family.

The SpaceX space transportation company is even more of a disaster. Three consecutive rocket launches failed miserably. Tens of millions of dollars of investment directly turned into a big fireball in the sky, making people cry without tears.

If he had not relied on his connections to invite Obama and Energy Secretary Steven Chu to visit Tesla at the end of this year, the U.S. Department of Energy would not have given him a nearly interest-free loan of US$460 million.

It gave him a chance to breathe. Tesla's IPO will be officially listed early next year, and it also gave him continuous support. I'm afraid he will go bankrupt without waiting for the funding from the rich.

At this time, Masco should have been running around borrowing money, but Hoffman brought him here. The purpose is very clear.

Hoffman is a smart man. When he saw how much Xiao Qi admired Masco, he immediately said: "It just so happens that since you admire Elon, you should know about his current predicament, right? How about you take action and lend me a favor?"

Some money, or investment, so that he can tide over the difficulties?"

Xiao Qi looked at Masco, who looked expectant, and nodded slowly, "Mr. Masco, please sit down. How do you want to cooperate?"

Musk looked quite energetic now. Sitting on the sofa, he said seriously: "To be honest, Mr. Xiao, my SpaceX and Tesla are both facing huge difficulties. They need a lot of money to invest.

, to be able to sustain it. If you are willing to lend me money, I can only guarantee to give you 3% annual interest. If you are willing to invest, I welcome you to get as many shares as possible."

"What is your valuation of the two companies?" Xiao Qi asked.

"Tesla is worth 1 billion U.S. dollars, SpaceX is worth 2 billion U.S. dollars." Musk said without hesitation.

Xiao Qi nodded.

Musk's price is very reasonable. Basically, when Tesla goes public next year, it will be valued at US$2.5 billion. Now it is priced at US$1 billion, which is certainly not expensive.

SpaceX was not listed until Xiao Qi's reincarnation, but in 2012, Google directly invested 1 billion US dollars in it, with a valuation of 6 billion. Now this 2 billion US dollars seems cheap.

But things are not that simple.

Both Tesla and SpaceX are cash-burning companies. In the next two to three years, not only will they not have any returns, they will also continue to fall into financial difficulties.

If the major shareholders do not invest additional money, it means that all previous investments may go to waste.

But if you continue to fill it out like this, the money you keep giving will be far more than the tens or hundreds of millions you have invested now, and you may still lose everything.

So despite the fact that the shares of the two companies are selling cheaply now, in fact, after buying them, there will be more times to worry.

"I'll give you 1 billion US dollars." After thinking about it, Xiao Qi said directly: "400 million US dollars is invested in Tesla, occupying 40% of the shares. 600 million US dollars is invested in SpaceX, occupying 30% of the shares. What do you think?"

"good!"

Masco became excited and agreed without thinking.

He is so poor now that he is about to sell his pants. Not to mention 1 billion, even 10 million US dollars is crucial!

Originally, as long as Xiao Qi agreed to his valuation, no matter how much he invested, it would be an encouragement to him.

Not to mention that Xiao Qi directly invested a whole billion US dollars in it, which was a timely help to Tesla and SpaceX!

Xiao Qi's additional investment in the future is one thing. With Xiao Qi's name, he can directly increase the valuation and conduct the second and third rounds of financing without fear of finding investors!

"There is another condition." Xiao Qidao said, "Every time you expand your shares and raise funds, I have the first right to purchase shares at the same price."

"no problem."

Masco smiled and said, "After I return, I will immediately start a stock expansion and financing plan. I will send you a specific plan by then."

Xiao Qi was stunned, "So fast?"

"He was planning to do this." Hoffman added next to him, "I persuaded him to come to China to visit you and see if you could invest in it. Now that you have been deceived, how about his share expansion?

The financing plan will definitely be very popular, and there will be no problem in refinancing to one billion or eighty billion."

Xiao Qi couldn't help laughing.

In order to save his ideals and career, Musk really did everything he could!

(As for football, I think what everyone hates is the dark past, but it’s pretty good now. Let’s not talk about the national team. If the clubs are as successful as Evergrande, it’s actually pretty good. I saw it recently.

Ronaldo is back and Nesta is back. Xiucai feels that it is actually quite good for superstars like them to come to China to play.) (To be continued.)

...


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