Traveling through the sword to engage in military industry.
Chapter 375 Flowers everywhere
Almost at the same time, Fog City.
Liu Jiayi is discussing financing matters with John Griffin Wolff, a director of Barclays, the top investment bank in Wudu.
Like Ma Zhiyuan, Liu Jiayi, an Oxford physics PhD who studied abroad at John Bull, brought his tape recorder technology to the London Stock Exchange. After earning 50 pounds in futures trading at the London Stock Exchange, he founded the GoldenStar company, producing Star-brand single-cassette recorders. There are three different products according to the speaker output power, priced at 199 pounds, 249 pounds and 299 pounds respectively, with annual sales exceeding 100 million units.
For music lovers, tape recorders are a blessing. However, due to their relatively high price, their sales volume is not as popular as that of televisions. However, they have already established a great reputation in John Bull.
"Mr. Liu, we at Barclays have a long history. We can't claim to be number one in investment banking, but we have indeed invested in many well-known companies. We have extensive experience in guiding a new business to grow rapidly. In terms of valuation, we will not treat your company unfairly." Although Wolf was polite, there was no emotion behind his politeness.
Honestly speaking, Wolfe still felt a little uncomfortable about being asked to come to a yellow-faced man. For so many years, it was the yellow-faced man who begged him to do things, and he would fight for a chance to be a comprador. Now he had to beg the yellow-faced man for work in turn. If it weren't for the money, he really didn't want to come.
"Mr. Wolfe, I am very grateful for your company's appreciation. Our Goldenstar company has received visits from Standard, HSBC and Lloyd's. In terms of valuation, our A-round investment valuation was 30 billion pounds before the investment, and 3 million pounds in the first round of financing to build new factories and channels. If Mr. Wolfe is interested, he can invest in us together with these companies." Liu Jiayi said neither humbly nor arrogantly, knowing full well that Barclays wanted to become a major shareholder.
However, how could he allow one family to have the opportunity to dominate the market? Fog City is not an easy place to venture into. Compared with Rogue Eagle, the people here are more arrogant and difficult to deal with.
Fortunately, Liu Jiayi also came into the world with a cheating script. After getting started through futures trading, he did not greedily continue to stir up trouble in the financial field. Ren Zhong knew these rogue countries very well. Although financial cheating could make money quickly, it could not be excessive. Once it exceeded their limits, it would be the beginning of disaster.
They have ten thousand ways to prevent you from taking your wealth away.
Therefore, Ren Zhong did not let those who left play with them in finance. In this regard, even if they cheat, they cannot beat those who cheat.
However, as for the newcomers emerging in science and technology, they still have to have some shame. It is impossible for them to block all avenues and make real talents avoid them. For such talents, they will think of other ways to deal with them, such as investment and financing.
"Mr. Liu, why don't we sign a bet agreement? If GoldenStar's sales can reach 10 billion pounds within three years, we can value it at 40 billion pounds." Wolff certainly knew about Liu Jiayi and his team's previous investment and financing plans. Because he knew the bottom line clearly, he was the last to appear, ready to dig a big hole for Liu Jiayi.
One billion pounds is a very large number. According to the team's understanding of Liu Jiayi, this man is bold and daring to gamble. When he first ventured into the Fog City, he used his entire fortune of 10 pounds to trade futures and made his fortune.
Logically speaking, this kind of personality would be easily moved by their extra efforts.
10 billion pounds! Barclays actually took a risky move.
However, Barclays, the company behind Wolff, is not really investing crazily. Liu Jiayi's tape recorder technology may very well become a must-have product for home entertainment, just like television technology. Now Liu Jiayi does not have the ability to promote this product to North America. He has only carried out preliminary market development in Europe and has sold as many as 100 million units. If the North American market is opened, the tape recorder market in the future may also be a market worth tens of millions like televisions.
That means billions of pounds can be sold in a year!
Barclays certainly hopes to control such a company in its own hands.
Barclays will not let go of any truly valuable company easily. "No need for that. We will not complete the financing by gambling. We have agreed on the conditions before. If Barclays is interested in joining, it will participate in the financing like HSBC and Standard. Our equity is divided into A and B shares with different voting rights. The original A shares have 3 votes of common shares, and the B shares after financing have only 1 vote." Liu Jiayi flatly refused.
Just kidding, these tricks had already been taught to us before we set off.
In this matter, he could slow down the development and would rather take a slow pace of financing in order to proceed steadily. However, in order to truly gain a foothold in John Bull, he had to give up part of his interests and form an intricate relationship through the stock listing, so that their scramble for the company had to be carried out in a rule-based manner.
In this way, Liu Jiayi will have a great chance of preserving the results brought by these technologies.
Because among the initial shareholders, some heavyweights from Hong Kong were naturally arranged to participate, and as angel investors they obtained nearly 20% of the shares. At the same time, they could also legitimately provide Liu Jiayi with assistance in areas including legal affairs, talent recruitment, and channel construction.
In fact, after GoldenStar was founded, it set up a branch in Hong Kong Island to be responsible for market development in the Asia-Pacific region. However, it has only tapped into sales in several major cities in Southeast Asia and has not even penetrated Australia.
"Mr. Liu, we can actually allow part of the funds to be cashed out, instead of investing all the financing into the company." Wolfe was stunned for a moment, and finally struggled.
"That's not necessary, Mr. Wolf. I'm not interested in money. I hope our products can reach more households, bringing music to households more conveniently and using technology to change people's entertainment lives." Liu Jiayi said with a smile, "We can work together to promote Star to hundreds of millions of households around the world. Next, we will develop a more compact tape recorder so that people can carry it with them and enjoy the joy of music anytime, anywhere."
You can remove the speaker and use headphones to listen at any time. Technically speaking, there is no essential difference between it and a tape recorder.
After bringing in some old financial rogues from John Bull for financing, they can speed up the development of GoldenStar in order to obtain their own interests. After all, who doesn't want to invest in a dark horse that grows ten times faster?
Even if the shares released in the A round are only 15%, if the sales can be multiplied several times in a year, for these investors, that performance is outstanding.
After all, investment bank executives like Wolfe really need such performance. Most of the money they invest is not their own, but from the wealthy capitalist class.
Therefore, seeing that Liu Jiayi was very wary of investment and financing, Wolfe had no choice but to join the investment, obtained a 5% investment share, and invested 1.5 million pounds in real money.
With this money, Liu Jiayi can not only build a new factory to double his production capacity, but more importantly, this new factory can be built in North America, starting a factory and sales channel in his next major market.
The development of the new company has directly entered the fast lane!
Ren Zhong's Qianlong Plan has begun to flourish in various markets in Europe and the United States in areas such as special steels, electronic products, communications products and machine tools. The best of them have grown into market leaders with a market value of tens of billions of dollars and have begun to reap the benefits of the European and American markets.
However, all this has just begun. As these pioneers start off at their respective chosen targets, they will gradually penetrate the entire market in the future, harvest enough resources, and when the time comes, directly feed back to Todai.
On the battlefield, there are Li Yunlong and his men conquering cities and territories; in the business world, there are Ma Zhiyuan, Liu Jiayi and his men breaking through obstacles and expanding territory!
(End of this chapter)
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