Chapter 746: Investment Philosophy (Part 1)
A small gift for Audemars Piguet, of course it is related to Audemars Piguet. In fact, it is the Royal Oak concept watch launched by Audemars Piguet in 2002. All metal materials Guo Tailai will be made of titanium alloy and replaced with blue niobium hairspring, which has strong performance, can resist acceleration and vibration, and is waterproof to a depth of 500 meters. On the dial, various functions such as tourbillon, power self-counter and power reserve display create an asymmetrical layout effect.
Of course, this concept watch with a semi-hollow dial can just like the Panlong watch, showing a corner of the blue-blooded nobleman used, adding a touch of beautiful blue under the metallic luster of the titanium alloy, matching the semi-display The half-exposed ruby bearings complement each other.
The overall style of the dial is the rigorous traditional octahedron style of the Royal Oak, which is completely in the same line as Audemars Piguet. I believe this watch will definitely make Audemars Piguet happy.
Guo Tailai didn't have too many showy skills on this watch, he just made it with the highest precision he could do, and didn't play with micro-carving or the like, just made parts normally, and then assembled normally . Of course, under the normal Audemars Piguet logo, he added a row of letters in a smaller font, TaylorG3, to show that this is his third work.
By the time the watch was finished, it was already night. Lin Jiayi has completed the negotiations and returned to the hotel to report on the results of today's negotiations.
Audemars Piguet executives are somewhat vacillating between sub-brands and an independent series. After all, Audemars Piguet has never had a precedent for sub-brands in its history of more than 100 years. While the top management was negotiating with Lin Jiayi, the board of directors in Switzerland was also meeting to study, and they were all considering which method was most suitable.
The high-level officials in London have all seen the actual Panlong watch, and also used a high-power magnifying glass to see the miniature carvings on the dragon's body, and even saw the unique anti-counterfeiting mark of the letter T. Basically, they have no doubts. The Panlong watch also allowed them to see Guo Tailai's ability in watch and movement design, and he was very supportive of the sub-brand. Now it needs a reason to convince the board of directors, although the board of directors are family members of the two founders, they must also get their nod.
As a result of the temporary negotiation, if it is a watch made by Guo Tailai himself, all watches will be auctioned according to the highest-level auction process, and Audemars Piguet will be responsible for the operation and charge 10% of the handling fee. The intellectual property rights of watch models and movements and other designs belong to the TaylorG sub-brand. If the sub-brand can be established, Audemars Piguet will also invest 10% of the shares. After that, the mass production of the same type of movement and the limited edition of Mr. T were launched, and the dividends were distributed according to the proportion of shares.
Lin Jiayi tried to cross shareholding with Audemars Piguet, but Audemars Piguet is extremely strict in this regard, and is not willing to accept new shareholders at all, but they are willing to invest 30 million US dollars in cash to invest in sub-brands and get 100% tenth of the shares.
It is basically in line with Guo Tailai's bottom line. It is a pity that he cannot invest in Audemars Piguet, but Guo Tailai has no intention of forcing business. This requires him to consider whether to accept the condition of 10% of the 30 million US dollars.
"Forget it." Guo Tailai thought about it for a while, and didn't get too entangled in this matter: "We can appoint Mr. Baker to be in charge of the operation of the sub-brand, with 10% of the shares and 50 million US dollars in cash. If they agree, we will cooperate here. If you don’t agree, then find another one.”
Lin Jiayi nodded. Guo Tailai handed over the Royal Oak concept watch made today to Lin Jiayi: "Show them tomorrow, maybe the negotiation will be more enjoyable."
"Royal Oak?" Lin Jiayi took it over and was taken aback when she saw the obvious regular octagonal bezel, but immediately recognized that it was not any one she had seen before. For today's negotiation, Lin Jiayi and the company's staff also collected information for a day yesterday. Audemars Piguet's housekeeping series must be well understood.
"A new design made according to their style." Guo Tailai explained casually, and seeing Lin Jiayi looking for a high-power magnifying glass, he couldn't help shaking his head: "Only the T letter has an anti-counterfeiting mark on it, and the rest are made normally. Yes. You can’t deviate from the style of the Royal Oak!”
"Very beautiful, very classic!" Lin Jiayi admired it carefully for a while, and then carefully put the watch back into the watch box: "I believe they will be happy when they see it."
"If the cooperation is successful, then this watch will be a year-end reward for Mr. Baker." Guo Tailai watched her finish all this before smiling and said: "If it is not successful, then it will be a gift for Mr. Baker, thank you He helps."
"It's inappropriate to poach someone so blatantly, isn't it?" Lin Jiayi saw through Guo Tailai's "Xiaojiu" at a glance. Since even the Audemars Piguet Group recognizes Mr. Baker's work ability, then the cooperation will not work. So dig Mr. Baker and come to manage Guo Tailai's watch brand That's the next step. As long as someone who loves watches, Lin Jiayi believes that no one can resist the temptation of watches made by Guo Tailai.
"Maybe the cooperation is pleasant?" Guo Tailai smiled: "You know, I don't want to run a watch industry again, it's very troublesome. When negotiating tomorrow, allow them to take these two watches back to their board of directors Take a look. Also help me fight for a priority investment right when Audemars Piguet needs financing.”
"Boss, are you planning to meet the right company and invest exactly less than 5% of the amount not to be disclosed, and then become a big boss hidden in the dark?" Lin Jiayi has handled so many investment projects of Guo Tailai, and found that Guo Tailai always likes it. holds a five percent stake. This time Audemars Piguet negotiated for the same amount of investment shares, and couldn't help laughing.
"Yes!" Guo Tailai replied with a smile: "In fact, I don't understand many aspects at all. Others are professional, so why not let professional people do what they are good at, and then help me earn some money with peace of mind? "
"Boss, investors like you are really rare." Lin Jiayi said with a wry smile: "Other angel investors can't wait to directly control those companies that are looking for investment. The less money they invest, the better, and the more shares they take, the better. Let others Make a lot of money for yourself. You are too different and out of group."
"But those entrepreneurs will devote more attention to the development of the company and work harder to create value, instead of always worrying that the company will not be controlled by themselves, and that one day they will be kicked out of the company they founded." Guo Tailai responded with a smile : "Don't worry about becoming the next Jobs kicked out by Apple, don't you? I believe that those entrepreneurs would definitely prefer to cooperate with me, rather than those angel investors you mentioned."