My Age of Investment

Chapter 171: Tesla

  Chapter 171 Tesla

  Xia Jingxing drove the car to Palo Alto, a remote and outdated office park in Silicon Valley.

  After parking the car, Andrew looked around for a few times and asked, "Could it be a startup like LinkedIn again, right?"

  Xia Jingxing pursed his lips and walked forward without replying.

   Andrew shook his head and laughed, and followed, he guessed he was right again.

  Dylan probably fell in love with another small company!

  He doesn’t know why the other party is always so keen to invest in some small companies.

  Is it too much money to burn?

  Angel investment is extremely risky. If you invest in a hundred projects, you may not be able to make one.

  If it was before Scape’s A round of financing, he still felt that Xia Jingxing was a bit unsuccessful and idealistic.

  But with the rapid development of Scape after receiving one million US dollars in angel investment, in just three months, it opened the A round of financing again.

   His thoughts have changed.

  Dalun’s business sense is very sensitive!

  Scape’s pre-round A round valuation was US$54 million, and the post-angel round valuation was US$5 million. Xia Jingxing’s US$400,000 investment increased nearly 11 times.

  All this took only three months.

  Of course, these are currently paper wealth and cannot be realized.

  It also depends on the next development of Scape. If after the A round of financing, the development will stop. In the end, it may be a chicken feather and the investment will be lost.

  But overall, Xia Jingxing's investment vision is good.

  After investing in two projects for a few months, one project entered the next round of financing.

  Xia Jingxing led Andrew to walk in the park for a few minutes.

  In front of a factory-like building at the corner, the two stopped.

  Just as Andrew was about to knock on the big iron door, he heard harsh noises coming from the house.

  "Zizi~"

   "What sound is this?"

   Andrew wondered, "Renovate the house?"

   Then he shook his head again, "No, it should be the sound of metal cutting."

  Xia Jingxing smiled and said, "You care about his voice and just knock on the door."

   "Boom~"

  Andrew knocked on the door, and no one came to open the door for a long time, so he knocked on the door again and shouted, "Anyone?"

  Xia Jingxing waved his hand, "Forget it, don't knock, you should be busy at work. I will call them right away."

  After speaking, Xia Jingxing took out his mobile phone and prepared to dial.

"busy at work?"

   Andrew was puzzled, "What company is this? A decoration company?"

  Xia Jingxing called for a long time and finally got through.

   "Eberhard, we are here, you come to open the door, we have been locked outside for five minutes."

  After a while, the big iron door opened, revealing a decadent middle-aged man with shaggy beard and bloodshot eyes.

  He first saw a fat man wearing sunglasses and a suit standing outside the door.

   glanced twice, then set his gaze on the young Asian-looking man behind the fat man.

   smiled and said: "Dalun, I thought you were not coming."

  "How is it possible, such an interesting business, I must participate in it."

  Xia Jing walked up and handed out his right hand to the middle-aged man.

  The middle-aged man wore a dirty overalls and a pair of work gloves.

Seeing that Xia Jingxing was about to shake hands with him, he quickly took off his gloves and shook hands with Xia Jingxing enthusiastically.

   Shaking hands, Xia Jingxing suddenly felt panic, calluses on the other side's hand.

  "This is my lawyer Andrew..."

  "This is Eberhard, an old boy who dreams of changing the world..."

  Eberhard laughed loudly, very satisfied with Xia Jingxing’s introduction to him. After shaking hands with Andrew, he flicked his messy blonde medium and long hair and said, "Go, show you around."

  The two followed Eberhard into the factory.

  Dirty, messy, and poor are Andrew’s first impressions.

  Several men wearing the same work clothes as Eberhard are operating machinery, cutting and dismantling a car. The noise is very loud, like a magic sound, and people get goosebumps.

  The car was dismantled into a car frame, and the ground was full of various disassembled parts, such as tires, engines, car shells...they were all placed on the floor, looking messy.

  The plant has a large space, and there are still a few cars parked not far away that have only been dismantled.

  There are a few tables beside the corner with a few computers on them.

  Xia Jingxing and Andrew saw different things.

  Although the environment here is simple, Xia Jingxing saw new hope in the automotive industry.

  He looked at Eberhard with scorching eyes and asked: "Which step is your car building plan? Is there a formal plan for the prototype?"

   Eberhard waved his hand and did not immediately answer. He yelled at his colleagues who were still working, so that everyone stopped their work, and then led Xia Jingxing and Andrew to the corner office area.

  Andrew finally felt that the world was quiet, and the noise just now almost didn't break him.

  Eberhard drew two bottles of mineral water from the mountain of mineral water tanks next to the office area and threw them to Xia Jingxing and Andrew. He also unscrewed a bottle of mineral water and drank it.

  He drank the mineral water in one breath, and threw the bottle to the corner.

  Xia Jingxing glanced, secretly speechless, empty bottles piled up like a mountain.

   "Mark, come here and introduce you to the hottest business stars in Silicon Valley these days."

   Eberhard waved his hand and called in a middle-aged man who was also wearing work clothes. The other employees walked out of the factory and went out to let the air out.

   "This is my partner, Mark Tarpening. We have been working together a few years ago."

Xia Jingxing looked at Tarpening a few times, with silver hair, bald hair, a typical Caucasian appearance, about forty or so, and smiled and handed out his right hand to him, "Hello, I am Dai Lun, I will treat you The electric car plan is very interesting."

  Tapening took off his gloves, smiled and shook hands with Xia Jingxing, "I know you, the 19-year-old CEO of Facebook."

  Everyone exchanged a few words and sat down around the simple desk.

  Xia Jingxing smiled and said: "The past year has been a dark year in the history of the development of electric vehicles.

After Bush Jr. came to power, he announced the reduction of oil prices and the removal of subsidies for new energy vehicles.

  General Motors announced the recall of all electric vehicles EV1 that have been produced and sent them to the treatment plant to be crushed and destroyed..."

  Xia Jingxing looked at the two men’s increasingly frustrated expressions, and immediately changed their conversation. “But I always believe that electric vehicles are the future development trend, and the current difficulties are nothing.

  The purpose of my coming today is to chat with you.

  If you can come up with a plan that convinces me, I can invest in your car-building plan. "

  Eberhard and Tarpening looked at each other, their eyes were full of joy.

  The two of them have almost searched for large companies and venture capital institutions in Silicon Valley, but no one person or company is optimistic about the future of electric vehicles.

  Have you not seen that the generals have revoked the new energy vehicle subsidies?

  This industry is so cool.

   Just when they were feeling frustrated, the boy in front of them contacted them, indicated his identity as the CEO of Facebook, and expressed his interest in their "Tesla" company, and hoped to meet and chat.

  After they received this call, they felt like a treasure.

  Quickly check the information on Facebook and Xia Jingxing.

  After checking, I am not particularly satisfied, because Facebook is not a big company, but a very popular social networking site.

  However, it is rumored that Facebook has received a huge amount of financing, and they don't know whether it is true or not.

  In addition, they also found out that Xia Jingxing had invested hundreds of thousands of dollars in LinkedIn, and he should have some net worth.

  At the moment, they have no other choice, so they decided to meet Xia Jingxing and have a chat.

  No matter how much investment, even if it is hundreds of thousands of dollars, they are very much in need.

  (End of this chapter)

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