My Age of Investment

Yin Mingshan didn't think about it for a few days, and readily agreed to Xia Jingxing's proposal.

For the group of private entrepreneurs who entered the sea in the 1980s and 1990s, there was nothing they dared not do.

Don't start too many by relying on the first pot of gold in gray and black.

Although Yin Mingshan has never sold health care products, nor has MBO acquired state-owned assets, he has seen many ups and downs in the business world for nearly twenty years, so he doesn't care about Xia Jingxing's "coquettish operations".

Lifan can also benefit from implementing the plan proposed by Xia Jingxing. As long as it can benefit, it is worth doing.

As for whether it will be exposed, the two also considered it and decided to conduct closer negotiations. The two sides negotiated to formulate a comprehensive plan to reduce the possibility of exposure.

On Xia Jingxing's side, he decided to hand over the follow-up work with Lifan, which is actually dirty work, to Eberhard and Tarpenning.

After all, he couldn't do all the dirty and tiring work by himself, and he had to drag the two of them into the water.

The two founders of Tesla didn't have too much moral obsession. After thinking about it, they still boarded Xia Jingxing's black boat.

Tesla launched a high-profile challenge to global car companies, but none of them responded.

It was not easy for a Lifan family to come. Although they were weak, they couldn't let them go easily.

For this reason, Xia Jingxing also specially explained to the two that the competition with Lifan is more about laying a foundation for entering the Chinese market and letting Chinese consumers first understand the Tesla brand.

After communicating with Yin Mingshan, Tesla responded to the outside world through the social accounts opened on Twitter and Facebook.

The general idea is: I am very grateful to China Lifan Motors for taking up the challenge. Tesla will compete with Lifan Motors on the same stage next spring.

It has been nearly a week since Lifan responded to this message.

The public opinion is gradually ebbing, and the media and netizens think that Tesla will not compete with a new car company, because it doesn't make much sense!

If you win, you won't win with force, and if you lose, you will lose your face.

In the end, Tesla really got a head start, oh, wrong, it’s called Yinuoqianjin!

This response message,

It also broke the public opinion that is not good for Tesla these days.

Some people think that Tesla and Xia Jingxing are maliciously hyping up, without the slightest sportsmanship of racing competition, and do not respond to Lifan. How is that different from arrogant car companies such as Porsche and Ferrari?

Originally, the "personal design" created by Tesla was a fighter, a fighter who launched an attack on arrogant traditional car companies.

But now, fighters have also begun to become arrogant, disdain to compete with a Chinese car company.

As a result, many White Left Virgins turned Tesla fans to passers-by, passers-by turned to black fans, and started to criticize Tesla on social networks!

When this news spread to China, netizens were even more worried.

The Tianya Forum has already become a quarrel, and Zhengfang netizens feel that there is no need to compare Tesla with Lifan, because it is not a player of the same rank at all;

Netizens on the opposite side believe that Tesla looks down on Chinese cars, and is suspected of dishonesty and malicious hype.

The two sides debated and debated, and it even rose to the question of whether Xia Jingxing was patriotic.

Now that Tesla has spoken out in time, all the controversies have been quelled.

Some netizens went to Tesla's social account to comment and leave a message, apologizing to Tesla for the inappropriate remarks of "I judge the belly of a gentleman with a villain's heart" a few days ago.

The operators of Tesla's social accounts selected those touching messages to reply, and they were very generous and down-to-earth.

As for the spring competition between Tesla and Lifan Motors, many American netizens expressed that they were not too interested and could not bear to watch a massacre.

Domestic netizens were dissatisfied with the remarks made by the Americans, and most of them stood by Lifan, thinking that Lifan had already won if it could take on the challenge.

Even if Lifan will lose the competition, as long as it goes through unremitting efforts and arduous struggle in the future, it will surely become the backbone of the national automobile industry.

The TV series "Bright Sword" is still one month away from its official release, otherwise the spirit of Bright Sword will definitely be shouted out by netizens.

Lifan benefited a lot from this incident. Seeing BYD and Geely's eyes turn red, they felt regretful. How did Lifan take advantage of such a good opportunity?

However, some sane netizens always feel that the quality of the car comes first, and marketing is only an auxiliary, and we must not put the cart before the horse.

How can young people listen to these things and make up their minds to support domestic products and Lifan.

Really cheated, they also admit it!

…………

…………

The matter of Lifan has come to an end, and Tesla's C-round financing negotiations have also entered the final stage.

In Tesla's office, the two founders, Ai and Ta, Xia Jingxing, Compass, SDL, Value Equity Capital, and Vision Capital represented Ricky and other old shareholders, DFJ Draper, Waterfall Investment Michael Larson, Representatives of Bezos Venture Capital and other planned new shareholders sat together to discuss major plans.

Eberhard glanced at the investors present, and said indifferently: "Do you have any objections to the plan of "Tesla's C-round financing of 40 million U.S. dollars and a post-money valuation of 200 million U.S. dollars?"

Seeing all the shareholders present shaking their heads, Eberhard showed a satisfied smile.

This round of financing should be the easiest round of Tesla’s recent rounds of financing negotiations.

Benefiting from Tesla's stunning appearance at the auto show and the media rushing to report, Tesla has suddenly become a favorite.

After negotiating for a while, the investors in this round agreed to the offer.

Originally, Draper also talked about Tesla's post-B round valuation of US$63 million, saying that it had nearly tripled, which was too much.

But when Eberhard came up with more than a hundred car orders, Draper couldn't find a reason to refute.

Being able to sell a car and not being able to sell a car are two states and two valuations.

Eberhard withdrew his gaze, and continued: "Let me talk about the investment share distribution plan.

This round of financing was led by Value Equity Capital with US$14 million, followed by Mr. Xia with US$13.333 million, Vision Capital with US$6.352 million, DFJ, Waterfall Ventures, and Bezos Ventures with US$2.105 million each. "

Xia Jingxing nodded. A total of 40 million US dollars of financing shares were clearly divided up, and the interests of all parties were shared.

Value Equity Capital is nominally the lead investor because he and Vision Capital are calculated separately.

For this matter, Xia Jingxing had a good discussion with the representative of Value Equity Capital, and finally let the other party let go.

As for DFJ, Bill Gates' family office Waterfall Investments, and Bezos' venture capital firm, after the completion of this round of financing, the three parties each hold only 1.05% of the shares.

This share is not much, and the symbolic significance is greater than the practical significance.

The three parties didn't have much opinion, anyway, they just joined in the fun.

"Since everyone has no objections, let's sign the investment intention agreement today!"

After all, Eberhard glanced at everyone.

"Okay, sign it!"

After Xia Jingxing was the first to express his opinion, other investors also expressed their opinions one after another.

Therefore, under the witness of all parties, Eberhard signed an agreement on behalf of Tesla and six investment institutions participating in the C round of financing.

Xia Jingxing and Vision Capital need to follow up with nearly 20 million US dollars in investment, but the shareholding ratio remains unchanged at 49.21%. They have not broken through the holding line, and only maintain that their shares will not be diluted.

The value equity capital counts the part of the equity acquired in the B-round investment, and the total shareholding reaches 10.81%, becoming an important shareholder of Tesla;

SDL, Compass and other two shareholders’ equity was diluted to 2.54%; the option pool was 6.35%;

Eberhard's stake was diluted to 17.46%, and Tarpenning's stake was diluted to 7.94%.

The matter came to a successful conclusion here. After Xia Jingxing left Tesla, he ordered Zhang Chenguang to drive and prepare to go to San Francisco.

Along with him is Rich, a partner of Vision Capital.