My Age of Investment

After signing the investment intention agreement, Xia Jingxing drove Andrew to the villa area in Pacific Heights.

After half a year, revisit the old place!

The purpose is still the same, borrow money!

Liu Jinhang sat on the Taishi chair in the living room, sipping tea and listening to Xia Jingxing describe the purpose of his visit.

"$5 million, plus the previous $5 million, is $10 million. For Firstrade, it's not a small amount."

After listening to Xia Jingxing's words, Liu Jinhang took a sip of tea and smiled faintly.

Xia Jingxing knew that the old man was deliberately arguing again, and said with a smile: "Mr. Liu should have been paying attention to the stock price of Amic. Today's stock price is more than 25 US dollars. I hold 1.08 million shares, and the market value of the position exceeds 27 million US dollars.

Even after deducting Firstrade's $5 million in borrowings, that leaves more than $22 million in net worth.

Mr. Liu loaned me another 5 million dollars, and he was afraid that I would not be able to run away? "

Liu Jinhang waved his hand, "Mr. Xia, you misunderstood, that's not what I meant.

Not to mention borrowing 5 million US dollars, even 10 million US dollars, I would dare to lend it to you.

Axel's due diligence team approached us about your personal equity pledge.

Facebook's Series A financing should be close to completion, right? "

Xia Jingxing didn't know why the old man asked this, and he didn't need to hide it. At the same time, he could show his family wealth, so he nodded and said, "Yes, the formal delivery will take place in a few days, and the post-investment valuation of 560 million US dollars."

Liu Jinhang had a wonderful expression on his face, and praised: "It's really a hero out of a boy, it's amazing..."

"Mr. Liu has won the award, First Securities has developed very well, and we can cooperate with Facebook in the future...

The first stock account and first mutual fund account of college students can be opened at Firstrade! "

After a while of business talk, Liu Jinhang finally returned to the topic and talked about the loan.

He looked at Xia Jingxing with great interest and smiled, "How long does Mr. Xia plan to borrow this money?"

"Because there is a one-year lock-up period for the block trade of Aimico stock, let's borrow it for half a year or a year!"

Xia Jingxing actually wanted to borrow for three or five years, because compared to the stock price increase, a little interest money was not a big deal at all.

However, considering the suspicious nature of the old man, he did not mention the long-term loan.

We can only wait for the development of Facebook to get better and better, or the assets in the securities account become more and more, and then ask the old man to discuss the loan extension.

Liu Jinhang nodded, "With such a short loan period, if interest is charged, I'm really sorry.

I will call the shots today and waive the loan interest for Mr. Xia. It is still the same as before, with an interest-free loan. "

Xia Jingxing looked at Liu Jinhang, who was looking at him with a smile, and the smile on his face was almost overflowing.

Xia Jingxing instantly understood that the old man had tasted the sweetness of Amyco stock and wanted to trade with him again.

"This is not very good. How can you borrow money without paying interest. Hey, it's not good to owe favors!"

Xia Jingxing waved his hands again and again with a reluctant look.

"Hey! Aren't you friends? Why are you so out of touch?"

Liu Jinhang thought that Xia Jingxing was dissatisfied with the price, so he increased his stake and said, "Mr. Xia, do you have any idea of ​​setting up a private equity fund?

First Securities can contribute a

continue reading! points and introduce you to some high net worth clients.

You come and take everyone to invest, everyone makes money, and you can also earn some management fees and profit dividends. "

Andrew drank tea and said nothing, quietly watching this interesting transaction.

The last transaction between Xia Jingxing and Liu Jinhang was handled by him, and he couldn't be more familiar with the routines involved.

Xia Jingxing was a little tempted by the old man's proposal, but now the time was not ripe, he shook his head, "The matter of the fund has to be slowed down.

Our investment project this time is actually not suitable for Firstrade's risk appetite.

"

Liu Jinhang thought that Xia Jingxing was hiding, he laughed and said: "What project, Mr. Xia, let's hear it, it's okay for everyone to discuss and exchange.

No matter what the project is, I will provide Mr. Xia with a one-year interest-free loan, which can be regarded as thanks to Mr. Xia for his last guidance. "

Xia Jingxing pretended to hesitate and said, "Then I'll say it... Let's discuss it?"

Liu Jinhang raised his hand to signal, with a look of listening intently.

"I'm going to invest in electric cars this time!"

Xia Jingxing said with a smile, "This is a very promising industry..."

Xia Jingxing blah blah blah blah, Liu Jinhang was stunned.

He frowned, "Electric cars, Mr. Xia, you have to think clearly!"

Liu Jinhang started a securities company and has studied the development of various industries.

He doesn't know much about electric vehicles, but he also knows that the entire industry was hit hard last year.

He couldn't figure it out, why did Xia Jingxing fall in love with such a promising industry?

Is this still the "juvenile stock god"?

"The greater the risk, the higher the return! The industry that everyone can't see or understand now is the value depression, and it's worth buying the bottom!"

Xia Jingxing folded his arms and looked very optimistic about the electric vehicle industry.

Liu Jinhang was not as enthusiastic as before. He thought that Xia Jingxing had found another good opportunity, but it turned out to be an electric car.

This risk is too great to touch!

After a few more chats, the two began to sign the loan agreement.

The loan period was a year naturally chosen by Xia Jingxing.

Liu Jinhang did not go back on his word, but he still erased the interest for Xia Jingxing.

After leaving the villa, Andrew Zhao Xia Jingxing said with a thumbs up, "Amazing, the old man thinks that his bowels are probably regretful at this moment."

"It's just a small amount of money compared to what he made from me."

Having said that, Xia Jingxing still estimated that the old man should be a little emotional. After all, the "investment information" he provided was of no value to him.

After the big deal, when Tesla is mass-produced, I will give the old man an electric sports car.

I wonder if the old man will be more angry? Smashed the car?

…………

…………

After the loan of US$5 million was received, Xia Jingxing first transferred US$1.44 million to Skype, and settled the additional investment, because the due diligence over there had been completed, and he was in a hurry.

Then, according to the average price of USD/share, he sold 120,000 shares of Amic, and received more than USD 2.95 million in funds.

There are still 960,000 shares left in the hand, and they will not be sold any more, but they will continue to be held.

Andrew and a due diligence team from two venture capital firms spent a week bringing Tesla down

continue reading! Monotonous once again.

The main contents of the investigation are Tesla's financial situation and intellectual property rights, to see if there are any huge liabilities and whether there are any problems with intellectual property rights.

Tesla has indeed reached the point of exhaustion. There are tens of thousands of dollars left in the account, zero revenue, and the salary of the employees for the last month has not been paid yet.

Xia Jingxing didn't care much about these small issues.

He was concerned with the existing motor designs and the technology licensed by the AC drives that the Tesla team had on hand.

He did not understand the technology related to motors, and neither did Andrew. In the end, he had to ask old man John to introduce a Stanford professor of electrical machinery and pay to help with the due diligence.

After confirming that there was no major problem with Tesla, Xia Jingxing did not delay any further, and signed a formal investment agreement with the founding team of Tesla in conjunction with the two venture capital institutions Compass and SDL.

He personally invested 6.3 million US dollars, two venture capital institutions each invested 600,000 US dollars, and the three invested a total of 7.5 million US dollars, and jointly invested in Tesla.

After completing this round of financing, he personally holds 42% of Tesla's shares and is the largest shareholder, chairman and co-founder.

The two venture capital firms each own 4% of the shares, purely financial investments and no board seats.

The shareholdings of Eberhard and Tarpenning dropped to 27.5% and 12.5%, respectively, ranking the company's second and third largest shareholders.

Finally, 10% of the option pool belongs to employees.

When everything was settled, Xia Jing Xing finally felt relieved.

He did not rush to urge Tesla to quickly engage in research and development and quickly launch a prototype car.

Instead, he had a candid conversation with the two former Tesla founders, and determined Tesla's next development policy - to build a team and recruit horses first.

Then, Tesla’s first stop came to Stanford University, because this university has a well-known solar car club, which consists of a group of young people who love new energy technologies and cars.

A member of the Solar Car Club named Gene Bodichevsky became very excited after hearing Eberhard describe Tesla's grand blueprint and felt that he had found a new direction in life.

The Stanford undergraduate said on the spot that he was willing to drop out and sweep the floor for Tesla for free.