Rebirth of the Strongest Tycoon

Seeing that Robert Swanson's neck was bulging, and he had a tendency to stop talking in anger, Xia Yu immediately said: "Actually, you can listen to my conditions. For the 25% of the shares you hold, our company is willing to High premium, invested 35 million US dollars!"

"After three rounds of investment, you have invested more than 300,000 US dollars in total, and you have gained more than a hundred times the profit!"

As soon as these words came out, Robert Swanson was stunned.

And Harry Morrison also shrank his pupils, and his inner resistance instantly collapsed.

$35 million for a 25 percent stake, which is equivalent to valuing Genentech at $140 million.

Now Genentech's total assets are only about 2.5 million US dollars, and the annual net profit is negative. This valuation is already very high.

Although the outside world is generally valued at US$100 million to US$150 million, they know in their hearts that this valuation is also the price after the listing.

Genentech is already in the process of going public. They have made internal estimates and searched for investment banks. The offering price that the investment banks are willing to give is very low, which is based on the guaranteed market value of 100 million US dollars.

At this time, the valuation given by Xia Yu was much higher than that of the investment bank, which was equivalent to a 40% increase in the stock price after the listing.

And they don't need to wait another half a year, and they don't need to have their stocks locked for a year. They can get the money in advance to invest in the companies they want to invest in, and they don't need to take a lot of risks!

Although there is still half a year, maybe Genentech will perform better and raise the issue price greatly, but this is not absolute.

Because Professor Herb Boyle is still engaged in research and development, Genentech has never launched a product. For scientific research, there are too many unknowns, and it is normal to bounce tickets.

If Professor Herb Boyle did not develop the results on time, then the patents that have been developed now are not enough to support Genentech's super high valuation.

The reason why the current valuation of Genentech is so terrifying is precisely because the capital market has high expectations for Professor Herb Boyle. Once this expectation is shattered, the bubble will burst!

As for whether they have confidence in Professor Herb Boyle, in the face of outsiders, Harry Morrison and others will definitely say yes, but in fact, they can't say for themselves.

Doing experiments and scientific research, the probability of producing results is too small, and it takes countless failures.

Throughout the ages, many scientific research results have appeared in unexpected circumstances, often looking for them all the time, but can't find them.

Seeing the hesitation on the faces of the three of them, Xia Yu was sure in his heart, and continued: "Mr Morrison, Mr. Swanson, we are sincerely negotiating with you, and we have a win-win attitude. I can talk to you calmly. Said that our Polaris has strong capital, has the strength to take the risk of Genentech, and has the patience to wait."

"As for you, Colyer Perkins, you need to give investors an answer. Their patience is not very good. For Coroller Perkins, it is better to specialize in angel rounds and A rounds. A round of venture capital, such as now, as long as you invest in one, you can get a hundred times the profit.”

"As for us, investing a large amount of money will make a lot of hard money. We are very happy to be able to double it."

"You might as well think about it, we'll go back first, and I'll disturb you in the afternoon."

After speaking, Xia Yu took a sip from the teacup, got up and left with someone.

Harry Morrison sent Xia Yu and others out of the house in disbelief, then returned to the office, closed the door, and said solemnly: "You all heard it just now, what do you think?"

With that, Harry Morrison turned his attention to Robert Swanson.

As for the other person, Colin Hicks also subconsciously turned his attention to Robert Swanson.

Three of them are the core of the Coleiller Perkins company, of which Harry Morrison and Colin Hicks are the founders.

And Robert Swanson is entirely by personal ability,

Step by step from a low-level partner to where he is today, it was Genentech who was carrying him to his current position.

Whether or not to sell the equity, although Harry Morrison has direct rights, he wants to give Robert Swanson some respect for the stability and unity of the company.

Harry Morrison, as the CEO, has some hard words to say, but Colin Hicks is an old partner with him. Naturally knowing the attitude of his friend, he took the initiative to stand up and state: "For nearly four years, we have invested in a total of Genentech is $367,000, and if we follow the $35 million price given by Polaris Capital, we will earn more than ninety-four times the profit.”

"And this is only their first bid. As long as they continue to negotiate, the price will be higher, at least more than 40 million US dollars!"

"And our company's current total capital is $47.2 million!"

Having said this, Colin Hicks stopped talking and drank the coffee slowly.

Robert Swanson's face changed constantly, and his heart was fighting fiercely.

He knew that Colin Hicks was speaking for him!

After a long time, he said in a hoarse voice: "Professor Herb Boyle trusts us very much. If we sell our equity to Polaris Capital, he may not be able to accept it!"

"And I am very confident in Genentech. I believe that in half a year, Professor Herb Boyle's research and development will yield results, and the market value of Genentech will not be low!"

After speaking, Robert Swanson looked straight at Harry Morrison.

Harry Morrison sighed, looked at Robert Swanson, and said calmly, "Robert, to be honest, Mr. Xia's reason and price just now persuaded me."

"He woke me up with a sentence. We are only a small role in the venture capital company. Now we specialize in angel rounds and A rounds, which is the best for our company. When we first established the company, Colin and I It was also decided that way, but later you discovered Genentech, which far exceeded our expectations. We followed the B round, but our strength was not enough to continue to follow the C round. "

"Fortunately, Genentech is growing fast enough to skip the financing and go public, otherwise we would have a choice."

"But now, a decision suddenly appeared. I think we must face it. This is not only about investing in a company, but also involving the strategic positioning of the entire company. This is the most fundamental thing!"

After talking for so long, Harry Morrison paused, took a sip of coffee, and then said quietly: "Robert, I know you have a good relationship with Professor Herb Boyle, but he is a man who is obsessed with scientific research. Man, I believe that as long as you explain to him, he will understand us."

"Even if we don't quit now, we still have to choose to quit after the company goes public. This is a result that cannot be changed. The difference is only sooner or later."

After Harry Morrison finished speaking, the entire office fell silent, and no one spoke for a long time.

After a long time, Robert Swanson finally figured it out, he sighed, nodded and said, "Harry, you are right, quitting now is indeed more beneficial to the company, I will follow your decision, and I will try my best to follow up with you. Professor Herb Boyle explained."

Harry Morrison and Colin Hicks smiled when they heard Robert Swanson say that.

Harry Morrison smiled and said: "Robert, thank you for understanding, after the transaction is completed, you will receive a handsome bonus."

Robert Swanson forced a smile and thanked: "Thank you!"

Colin Hicks clapped their hands to draw their attention and said, "Okay guys, congratulations on our internal consensus."

"Then we should discuss how to negotiate. Don't forget that Polaris Capital will come again in the afternoon. That young Asian is not a simple character. The three of us were speechless by what he said."

Harry Morrison smiled confidently and said, "Colin, don't belittle ourselves, just because we didn't have any preparations. In the afternoon, the initiative was on our side."

Colin Hicks said with a smile: "Haha, that's right, but we still have to prepare."

"Fight to sell the equity for a higher price!"

Robert Swanson said fiercely: "This is a must, and it must be sold for a good price, which includes years of my hard work!"

"Hahaha……"

ps: Writing is not easy, the subscription drops are scary, and I am heartbroken. I beg for genuine support, friends from outside the station, the main website is Qidian Chinese website and Qidian reading app, thank you!

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