Chapter 2462 Idealist

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

The girls changed out of their spring clothes early, and changed into cool and eye-catching ones, so that the men can eat ice cream non-stop on the street.

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

The hotter they are, the more they want to enter the air-conditioned room, but the cold air closes the pores and prevents them from sweating, and the cold and humidity accumulate in the body, which will make their body more and more ailments.

Hoffman, who weighs as much as 250 catties, has such distress.

Silicon Valley is located in California, and the weather in summer is relatively hot. Unexpectedly, the weather will be the same after arriving in Chengdu, which makes him just want to stay in the air-conditioned room and not go out.

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

"No way, Reed, are you exaggerating?" Xiao Qi laughed dumbfoundedly.

"It's not a big deal just because it's hot. The key is that your place is very humid. It's hot and humid. Such an environment is really uncomfortable." Hoffman complained.

It happened that Xiao Qi lived in California for more than 7 years in his previous life, so he knew that the weather in California is very good. Except for a few places, the sea breeze is refreshing and not humid. It has always been one of the places where Chinese people are most willing to move. The side is naturally more comfortable.

Smiling, the boy didn't argue with him, but turned to look at a middle-aged man who had been listening to them, "Reed, I've been here for so long, and you still haven't introduced me to who this guy is?" , is it 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. Musko." Xiao Qi smiled and stepped forward, shaking hands with Musko. "I agree with your ambition. I am very happy to be in the technology industry. In addition to me as a profit-seeking businessman, there are idealists like you."

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

Even Hoffman was a little lost.

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

For a big man like him who has the titles of "Business Wizard", "Father of Intelligent Electronics", and "World's Richest Man", it is only polite to say such admirable words. And enough to please anyone.

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

In fact it is.

Xiao Qi has always admired idealists in the entrepreneurial world.

You have to say that Masco, at the age of 31, received 328 million US dollars because of the sale of Paypal, which can be described as a proud spring breeze.

If it is other ordinary people, like the co-founder of Facebook, he also got a lot of wealth because of the listing, and went directly to Singapore. Avoid large property taxes and enjoy a luxurious life.

But Musko is different, he took the money for the first time. He invested 100 million US dollars into his own SpaceX space transportation company to expand the scale of research and development. Immediately afterwards, he invested in Tesla and turned it into an industry controlled by himself.

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

The SpaceX space transport company is different. Everyone knows how much it costs to launch a rocket. Even a country thinks it's a big head, let alone a private company.

But Masco has such a stubborn energy, he just wants to develop clean energy vehicles. It is to develop outer space research and immigration programs to find a way out for the future of mankind.

For these. In his previous life, he invested all his net worth, and even borrowed all the money from his relatives and friends. In the most difficult time, he even woke up every morning, worrying about receiving a compulsory bankruptcy order from the court.

Such days, even when the Tesla electric car was supported by the US state and achieved large-scale success; when the SpaceX space transportation company successfully launched a rocket and docked with the US space station, nothing changed. Tesla Basically, there are no rich days.

But a pure entrepreneur with lofty ideals will always be favored by many insightful 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 space transportation companies to help them complete various research and development that are beneficial to mankind .

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

According to Xiao Qi's understanding in his previous life, it seems that this is the most difficult time for Masco.

With the advent of the US financial crisis, money is being tightened everywhere, and Masco's capital chain is already on the verge of breaking.

Tesla's electric bicycles are popular but not popular, and there are not many sold in total. Even the research and development costs are far from enough, let alone make money to support their families.

The SpaceX space transport company is even more of a disaster. Three consecutive rocket launches have failed miserably, and the investment of tens of millions of dollars has directly turned into a big fireball in the air, which makes people want to cry without tears.

If it wasn’t for the end of this year when he invited Obama and Secretary of the Department of Energy Steven Chu to visit Tesla through his connections, the U.S. Department of Energy would not have given him a nearly interest-free loan of $460 million. He was given a chance to breathe, Tesla's IPO was officially listed early next year, and he was given continuous support. I am afraid that he will go bankrupt directly without waiting for the funding from the rich.

At this time, Musk should have been running around to borrow money, but Hoffman brought him here, and his purpose is very clear.

Hoffman is a smart person. Seeing how much Xiao Qi admired Masco, he immediately said: "It's just that, since you admire Elon, you should know his plight now, right? Why don't you take a shot and borrow Some money, or invest in it, so that he can tide over the difficulties?"

Xiao Qi looked at Masco with an expectant face, and nodded slowly, "Mr. Masco, please sit down, how do you want to cooperate?"

Masco looks quite refreshed now, sitting on the sofa, he said sternly: "To tell you the truth, Mr. Xiao, my SpaceX and Tesla are both facing huge difficulties. A lot of money is needed to invest , it can be maintained. If you are willing to lend me money, I can only guarantee you 3% annual interest. If you are willing to invest, I welcome you to get as many shares as possible.”

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

"Tesla is $1 billion, SpaceX is $2 billion." Musk said without hesitation.

Xiao Qi nodded.

Musk’s price is very reasonable. Basically, when Tesla goes public next year, its valuation is 2.5 billion U.S. dollars. Now it is priced at 1 billion U.S. dollars, which is definitely not expensive.

SpaceX did not go public until Xiao Qi was reincarnated, but in 2012, GOOGLE directly invested $1 billion in it, with a valuation of $6 billion. Now the $2 billion seems cheap too.

But things are not that simple.

Both Tesla and SpaceX are money-burning companies. In the next two or three years, not only will there be no returns, but they will continue to be in financial difficulties.

If major shareholders do not make additional investments, it means that all previous investments may be wiped out.

But if you continue to fill in like this, the money you will continue to give will be far more than the tens of millions or hundreds of millions you invest now, and you may still lose all your money.

So don't look at the fact that the shares of the two companies are selling cheaply now. After buying them, there will be more time to worry.

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

"it is good!"

Masco became excited and agreed without thinking.

He is so poor that he is about to sell his pants now, let alone 1 billion, even 10 million dollars is very important!

Originally, as long as Xiao Qi agreed to his valuation, it would be an encouragement for him to invest as much as possible.

Not to mention that Xiao Qi directly invested a total of 1 billion US dollars in it, which is completely helping Tesla and SpaceX!

In the future, Xiao Qi's additional investment is one thing. With Xiao Qi's name, he can directly increase the valuation and carry out the second and third rounds of financing, and he is not afraid of finding investors at all!

"There is one more condition." Xiao Qi said, "Every time you expand your shares to raise funds, I have the right to preemptively purchase shares at the same price."

"no problem."

Masco said with a smile, "After I go back, I will immediately launch a financing plan for stock expansion, and I will send you a specific plan at that time."

Xiao Qi was taken aback, "So fast?"

"He was going to do this." Hoffman said next to him, "I persuaded him to come to China to visit you and see if you can invest in it. Now that you have been tricked in, then his share expansion The financing plan will definitely be very popular, and there is no problem in refinancing to 1.8 billion."

Xiao Qi couldn't help but laugh.

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

(About football, I think what everyone hates is the dark past. Now it’s pretty good. Let’s not talk about the national team. If the clubs are as successful as Evergrande, it’s actually pretty good. I recently saw Ronaldo is back, Nesta is back, Xiucai thinks that it is actually quite good to have superstars like them play in China.) (To be continued~^~)