Rebirth 79: I opened a bank in the United States

Chapter 338 Well-Informed! (plus 7)

"Mr. Jinas's report just now made it very clear! What will our HT company do and what we can do after we get the [-] million dollars."

"This means a thousand new stores that are not enough to saturate the market! The construction time is one year. Forget it, one and a half years! After one and a half years, HT's gross profit will reach 1.5 million US dollars. 47.6% of the shares means that within three years, I will directly bear a loss of more than [-] million US dollars!"

Carter shook his head, trying to remind the gang not to daydream.Unfortunately, they also thought the same way:
"Mr. Black, but you should also understand. Without this fund, without us, you will need [-] years to achieve the scale you said! Let's do the math."

"Based on the valuation after the A-round financing of 2.1 million, you will still have 50.3% of the equity, and you can enjoy dividends of no less than 5000 million U.S. dollars every year. In the past 20 years, you can earn no less than 10 billion U.S. dollars in income! And if you don’t do this, every year you earn money, you have to put it into production, invest 10 million in the first year, and the profit has increased by 20%? Or [-]%? Then you have to invest all of it to expand production.”

A Mediterranean drew circles with both hands, and the rhythm in his words was full of bewitching taste:
"This cycle will take at least four to five years. During these four to five years, you will not be able to enjoy the rich life you should enjoy, and you will have to face various emergencies from time to time, such as a new family, similar The brand appeared."

"Their taste is better than your ht, the franchise conditions are lower, and the market spreads faster."

"Stop, stop! Sir, I understand what you said, and I don't need you to remind me again."

Carter held his forehead with a helpless expression on his face.

Whether it's the bewitching of the other party's words to treat him like a child, or the vague threat.None of this went beyond Carter's imagination.
Why can't it be something new? !
"I have always believed that if you have money, you should earn it with your friends! But the premise is that you are true friends! Obviously, you guys are not sincere! If you always insist on the post-transaction valuation of 2.1 million yuan, it is the most ideal price you think. "

"Then, I'm sorry! We have disagreements, which is a very unfavorable factor for HT to create greater common value for us in the future. Therefore, you can carefully consider whether to revise the valuation or leave!"

Glancing at the company nameplate in front of the Mediterranean, Carter's words were very blunt.

Even Lao Tzu of Nima Investment Bank has the confidence to negotiate the price, so why would you want to lie to you, a little-known little pe?

Carter felt that he was really not suitable for negotiation, or to talk about the details of the business.In addition to the disadvantage of age, Carter felt that he was really impatient, and he was slowly grinding his mouth.

"Let's just say it, my psychological valuation is 2.6 million US dollars! Only 2.6 million US dollars is worthy of the value of HT! Moreover, I need to tell you that under the post-transaction valuation of 2.6 million US dollars, the value of 2700 million US dollars The financing plan has completed 7300 million. Now there is only [-] million left. First come, first served~”

Facing Carter's directness without routine, everyone's first reaction was to be dazed.In the next moment, a huge discussion sounded in the entire conference room.
"You voted for his 2700 million?"

In the conference room where the expression of astonishment was the main expression, Fuda and his group showed astonishment and helplessness on their faces.People who are seated farther away can't see it temporarily, but those who sit near them can see it clearly.
"No, what's the matter with Fidelity? You accept all these conditions?!"

The representatives of Fidelity, that is, several Bostonians sitting next to Mr. Smith, resisted the desire to scold their mothers, and accused them with a little dissatisfaction.

Let's work together to lower the price, isn't he good?You directly accepted the valuation of 2.6 million yuan, and even dumped nearly [-] million yuan in it. Aren't you fueling the opponent's arrogance and destroying your own prestige? !

It is also 2700 million in cash, if you invest 2.6 million, you only have 10.3% of the shares in the end; if you change it to 2.1 million, that is 12.85%!
Is it hot to take 2.5% more equity for the same money?After this year, there is a difference of 250 million inside and outside!

"So what if you don't accept it? Do you really think you can hold down that kid on the other side?"

Smith shrugged helplessly, lowered his head and listened to the person who asked the question, and whispered:

"The 2700 million is not all ours, there are others! Jim Rogers of the Quantum Fund invested 460 million by himself, and that was last year!"

"We really put people under pressure. Believe it or not, just that little guy can bring in tens of millions of investment! In addition, he still has 260 million in our Fidelity that has not been moved! The investment is still two The Magellan Fund years ago was the Essex before. This kind of fund dares to invest 150 million in one go, and if you don’t give him a satisfactory price, hey, people just don’t take us to play!”

"Really? Just him?"

"Just him!"

The unbelievable gazes around him made Smith recall the night half a month ago
"Let me tell you, don't treat him like a child, he will definitely kill you! If he hadn't bought 150 million fund shares in our Fidelity two years ago, and he was familiar with Mr. Lynch of our group, I would I don’t know that this guy still hides so much money. Besides, you don’t wonder why he knows Quantum’s Rogers? No, it should be said, since he knows Rogers, do you think he knows Soros?”

"Can Soros introduce investors to him? In addition, there is news that this guy was admitted to Yale this year! Think about Schwarzman, the partner of Lehman two years ago. Who knows they will There will be no contact? If someone is in a hurry and he goes to find Lehman, is there still a chance for us?"

As the saying goes, success is also a personal relationship, and failure is also a personal relationship!

Smith knew Carter better because of Peter Lynch.When he thinks about it, if he is rich and can enter an Ivy League school, what is the composition of this person? !
It’s hard to say that the parents are not from Yale, right?Otherwise, how did he hook up with Rogers?Being able to get on line with Rogers, a 60-year-old Yale man, do you think it is possible for him to get in touch with Steve Schwarzman, a 65-year-old who also graduated from Yale?

Lehman Brothers is one of the top dealers and underwriters in the US stock market today!The share of Goldman Sachs is not necessarily the kind that others have more!

"I heard that Schwarzman and Lehman President Peterson are inseparable. Tell me, if Lehman knows about it."

hiss~
"I see! You Fidelity is still well informed! It's too timely, thank you!"

As the saying goes, we are afraid of imagining everything, and the more imagining it is, the more crooked the facts will be.Against the background of Yale’s notorious love for cuddling and fraternity, the fact that Carter, a young man, was able to have a relationship with Lehman Brothers seemed to everyone to be a surefire fact.

The company itself has excellent qualifications, good revenue, and no debts!Plus Rogers, Schwarzman, etc. The help of these Yale-based capital
The people around Smith looked back at themselves, and found sadly:
I and others really can't hold back this fluffy brat!

The price has been severely suppressed, and people will borrow some from their families, from brothers and sisters like Rogers, or Lala invests, and then mortgages part of the assets to issue bonds.
Putting it all together, [-] million US dollars does not seem to be completely impossible for him!

Even combined with Carter's somewhat arrogant speech just now, they had to be convinced again that this guy still has a hole card!Otherwise, if you don't have any cards, how dare you say such big words of "please get out" in front of all the capital?

　Regarding financing valuation issues and the market maker system:
　　1. The market maker system was wrongly written before. After checking, I found that the New York Stock Exchange had always been a Specialist before October 2008, 10; Nasdaq was at the beginning, in order to match the needs of the otc market, using multiple Market system.The wrong place in the previous article has been corrected!

　　2. Financing valuation generally simply means how much to value a company, which refers to post-transaction valuation.For example, in the financing stage, that is, before the earliest angel round, the company only has fixed assets of 100 million, and this 100 million is owned by two shareholders, one of which is 80% and the other 20%.

　　At this time, an angel investor came and said, "Oh, you are not bad, I will give you a valuation of 400 million, and you will invest 100 million. How about it?"

　　In this situation, it is easier to understand: if the valuation is removed, the financing of 100 million plus the original assets of 100 million, the existing 200 million, angels account for 50%; if it is post-transaction valuation, 400 million, investment of 100 million, accounting for 25% %, the original shareholders are diluted to 60% and 15%.

　　At the same time, the mainstream financing logic in the United States should be: financing amount / post-transaction valuation = investor’s shareholding ratio.

　　Pre-trade valuation: Existing market value.Post-money valuation: Existing market value plus total value after financing.

　　
　
(End of this chapter)