[093] Tough fight 1 "Thank you for your quick decision first. professor."
"Afraid not." This is an opportunity, so I should not miss it. Thank you for giving me a chance. "
Professor Shashua showed up after dinner time. It seemed to show his mind that it was late but it is hard to turn over one night.
Late night, most of the guests enjoy a night in the bar.
"I wonder what the answer to my suggestion is."
Professor Shashua pulled out a piece of paper that had been folded thin in the pouch of the prize.
"This is the initial start-up cost. I briefly commented on the proposal for a shareholder structure based on the investment. "
I quickly saw the number on the paper, and the laugh was almost over.
There are enough numbers to guess how big the cognition was when it was founded in 1995.
The difference with Korea's venture company has come to a clearer point.
Our venture seems to have traces of trying to get as much money out as possible, but this piece of paper had a trail of how to save money.
It cost me that much, and it was a small amount of money that I would laugh about.
She folded the paper and put it down quietly on the table.
"professor. Can I tell you something more important than money? "
Absolutely.
"Are you sure your professor's research will come true?"
OK.
Professor Shashua nodded and showed confidence. His attitude did not show any appetite.
I have faith in myself, I have everything I need, so I can move on to the next level.
"How does the technology center collaboration work? It says that it gives 3.7% of shares to the university technology center. ? "
"Oh, the cost of equipment and laboratories provided by the school is strong. Other library books, including miscellaneous things. "
Professor Shashua gave me a description of the school when I was sensitive to the stakes.
"Our university does not spare support for start-ups. It's unclear whether it will yield meaningful results, but it's already supporting $ 200,000 or more. 3.7% is never much. "
"Oh, do not get me wrong. I do not blame the school. I just wanted to know the size of the school's support. "
Of course, this is not all.
"The primary funding needed to create meaningful results is $ 700,000, and the second amount needed to commercialize is $ 1.5 million. Right?
Four
Professor Shashua, who is a little nervous whether she thinks that I am too much, sees only my mouth.
"And Miracle's share is 35%."
"Is not enough?"
No. It's reasonable. I am sincere. "
Professor Shashua relaxed and showed a bright smile. It is believed that the deal was concluded.
But it is right to reject the first proposal. Whether the proposal is rational or not.
"professor."
Four
"Now I will tell you what I think. Could it be unreasonable, but would you listen to the end? "
"Ah yes."
Slowly, he saw a professor whose smile disappeared.
"I will give the University Technology Center $ 400,000. And I will leave the school materials provided by the school until now. There is no debt owed to the school, so you do not need to give a 3.7% stake, right? Should I give more? "
I can only open my mouth with my head. The second suggestion is that the more radical the effect is. Professor Shashuya is shocked now.
"And we will raise the primary funding to $ 7 million. Get the equipment you need, the most advanced, everything you need. It is okay to be a US MIT doctor. "
"Mi, Mr Jin!"
If you are hit by a second shock before the first shock disappears, you will stutter.
"We decide to go to the second funding for commercialization. Do not misunderstand. It's not that you're not going to spend $ 1.5 million, but $ 15 million, so you do not need to worry about it. "
Maybe you think I'm a freak. And you may think that this investment may end up in vain.
Ten times the amount needed. That is not the end. I would have read the momentum to throw ten times or even a hundred times as much as I wanted.
There is only one such case.
Whether it has already been recognized in the market for its success, or is it time to grow a successful business already.
Professor Shashua, however, wrote only the first line of Chapter 1 if it were a novel. Nobody knows if this novel will be completed or sold well in the future.
But I am not a freak.
As soon as Professor Shashua starts up with this item, a Russian investor who has a bright vision immediately gets a huge share by shooting 10 million dollars immediately.
If I write my hand in advance, I will not be able to come into the table with a spoon.
"Mr. Jean, honestly, this is a hard suggestion. It's true that I caught my budget a little tight, "
"I have not finished my story yet."
The embarrassed Professor Shashua seemed to have something to say but blocked his mouth.
"Instead, we want to set a 60% stake in Miracle."
As soon as I said 60%, the professor's face was wrinkled, but my proposal was not over yet.
"I just keep it. All voting rights will be given to the professor and will not be involved in management at all. I will not dispatch the usual audit, so I do not need a separate report on how to use the investment. Only think about business success. "
I finished my story and put on a pod. Now I hear the last answer from Professor Shashua.
But I can not open my mouth. I was just looking at my face with blinking eyes.
"professor?"
"Oh, my God. Our apologies. It's the most ridiculous of the investments I've heard … . Is this almost gambling? "
That eye that does not believe in investors, it is more absurd than.
"If the first card is an ace, there is a lot of chips that can not go all in."
I still can not accept whether it is prudent or doubtful.
"Yes, I am planning to invest in Cognis, but can I get a million dollars? We will match our stake to the current capital ratio. "
I stopped talking about the old days and moved on to the topic.
"$ 1 million is 80% of Cognis' stake. That's a little difficult. "
"Then 50, 49%. The other conditions are the same as those already mentioned. "
I put down the coffee cup I was holding. There is no more story to tell.
"You must think again. If you accept my terms, I will make an investment contract tomorrow. After reviewing and signing it, we will deposit the full amount of investment into the designated account immediately. "
Shashua, who noticed that the story was over, also stood up, putting down the cup of coffee.
"I heard good suggestions. I did not imagine that I would be distressed when I heard good conditions like this, but it turned out to be a reality. "
"If you win a lottery, you can not believe it. The higher the prize, the better. "
I reached out and asked for a handshake.
"I do not doubt that your research will be a lottery for me. Haha
* * * Oh Se-hyun did not ask me because I had a lot of money.
"If it's less than $ 10 million, you saved it."It was all said.
He told me only the big stem of investment conditions and ended the call.
If you create a contract in Miracle and send it by e-mail, the work here is over.
This is a really long-term investment. However, I would only like to use the advanced driver assistance system (ADAS) by Professor Shashua to increase the market share of the automobile in Korea and to contribute to the lack of a lagging automobile that lacks advanced systems overseas.
The next day, Professor Shashua ran to the hotel in the morning as there was no one who hated the lottery win.
"God said you should not miss this miraculous opportunity."
He referred to the revelation of God as Jewish. I laughed and joked.
"Did God really say that? Or is it the result of a cold reason? "
"In fact, as scientists, the precise calculation is first. Haha
I laid out an investment contract with him smiling.
"This is a draft contract."
Shashua, who read the contract carefully, was a bright face.
"It's nice to have no leeway. But I want to check with my lawyer once again. "
"Of course you should. And I have left the company name blank. Please write it yourself. "
"Oh, I did not even think about the company name once. I named it Mobileye. How is it?"
So far, nothing has changed.
The name is the same.
Very Well. I know exactly what you're looking for. "
I smiled with joy and grabbed his hand.
I had more than $ 10 billion in insurance.
It is a matter of letting the expiration date touch the big money, and before it breaks the insurance and uses it for other purposes.
* * * I was not the one who waited for me because I came back to Korea.
He was not interested in what I did to Israel when I was working with the HW group on DaeAh construction.
It was my grandfather 's study that I went straight from the airport.
"Hey. Why did you go to that dangerous place? "
Grandpa's eyes were anxious and angry.
"It's okay these days. It's not always a place for war. "
When my grandfather saw me safe, he swept his chest.
"I was forced to try to call. I'm afraid I'll be in trouble. "
"You should have called me. I just got some air. "
"Do you have the wind to the other side of the earth? I will not ask what it is, so let's keep a word that will not be eaten. "
The grinning grandfather returned to his original appearance.
"It is not that I hastily tried to see you."
As soon as I opened the door, my aunt and my uncle reached out.
"Oh, I was with you too?"
My aunt smiled gently and knocked on my shoulder.
"All sit down. I have one thing to tell you. "
It is clear that my grandfather called all of us because of the upcoming local elections.
"The West."
"Yeah. Father-in-law."
"Is not it good for you to nominate Seoul Mayor?"
OK. We have fallen to the opposition party and the popularity of the government has collapsed, so no one is throwing the challenge. It's all right. "
I put the first button to go to the Seoul market, so it was natural that the two people had a good look.
"It seems to be pouring cold water, but there is something I should know. The ruling party seems to have been a candidate for Seoul mayor.
I was alone in this room.
The candidate of the ruling party who won the Seoul mayor in the second round of regional elections. Oh, of course, it happened in previous life.
He is a bureaucrat who has no political party. It is also a trusty administration. Since I have recruited people who are free from politics in both sides, I have met enormous strengths in the opposition party.
My uncle 's complexion has already turned into earthy, and my uncle bit his lip.
"Oh, I do not think so.
"Grandfather than him. I do not think it's in the news yet. How did you know? "
"How do you know. The pilgrims came calling in the morning greeting in the morning. And he asked me what he would do if he wanted to recruit himself in the ruling party. "
Four Why does he ask for permission from my grandfather? "
"The guy who went up to my place with my money should be allowed to go with my son-in-law. I would also like to hear that I will not interfere. "Heh."
That laugh.
Now my grandfather is enjoying this situation.