Chapter 688 [Excited Eagle Sauce]
"I need US$15 million to raise a round of financing, and sell 12% of the equity and Class A equity."
Marcus Lyle was not pretentious and directly expressed his request.
This is a very reasonable valuation. Lair binary also adopts the ab-share system and limited partnership structure. Such a top-level design can ensure that when equity is sold, the company's control is firmly in the hands of the founder, that is, Luo Sheng.
"Is the A-round financing worth $125 million... No problem, I can accept it." Larry Page said with a smile, and after a moment he added: "But I want to add a condition to Mr. Marcus."
"Please say it."
Larry Page nodded and replied: "I have priority for subsequent financing under the same valuation."
Although Page's company's cash flow cannot beat Luo Sheng, it is relatively speaking. In fact, Google is also one of the richest companies in the world and is also a person who is not short of money.
Obviously, Page is very optimistic about the future of Lyle binary, and Google is not short of this money. If he hadn't learned about it, he would even want to acquire the company directly, but the founder refused and could only settle for the second best investment.
Marcus Lyle: "No problem."
In less than twenty minutes, Lyle Binary's A-round financing agreement was negotiated. After this round of financing, the company had one more investment shareholder, namely Anaheim Capital, which acquired 9% of the equity in the angel round financing, and Alphabet Google parent company, exclusively contracted for this round of financing.
With the development of the company, more external shareholders will be introduced through subsequent continuous financing, and finally IPO will be listed. This is the path that startup technology companies must take to develop.
After further understanding the drone swarm combat system of Lyle binary, Larry Page is more confident in this investment. UAVs themselves are secondary. There are a large number of companies in the United States that can be made. The difficulty is the swarm combat system platform, and this is the core competitiveness of Lyle binary.
On the same day, Page signed a contract with Lyle Binary and officially completed the A-round financing, and then left happily. Such a high-quality company will not lack the favor of venture capital institutions. This time, if you can start first, Google will become the largest external investment shareholder, or even the largest shareholder in the future.
Under the framework of the ab-share system and limited partnership structure, no matter how much equity is transferred, it will not have any impact on the company's control. There is only one situation where the control is lost, that is, Luo Sheng takes the initiative to give it up.
Luo Sheng doesn't care about how many shares he sells for this company. He only has one thing to do - absolute control.
It was originally a chess piece that I laid out behind the scenes.
After the completion of the A-round financing, all employees of Lyle binary held a party in the garage that night. Although Marcus Lyle was a bionic, he could still eat normally like a normal human. It was the key to having a complete set of metabolic cycles in his body.
However, the biological energy consumed is not enough to absorb only from food digestion. It is necessary to maintain the caloric consumption of the entire body through external intake. He will inject biological energy privately to maintain the body's consumption.
The next day, another group of people came to Lair Binary Company.
"I am Will Parks, who is affiliated with the Magnesium Army Equipment Headquarters. Your company's drone technology has aroused the interest of the Ministry of Defense. If it meets the needs, the Ministry of Defense may place a valuable purchase order to your company."
Marcus Lyle looked at the ID handed over by the other party, looked at the other party's face, and then looked at his colonel rank, and finally confirmed it.
Equipment Headquarters, which is the department in charge of the planning, expenses, ordering and other work of the combat equipment of the troops. People from this department came to the door in person, and Lair's binary technology was obviously attracted by the Wujiao Building.
Especially recently, I have been stimulated by Luo Sheng.
After completing the identity confirmation, Marcus Lyle brought Will Parks and several people from the Woogle Building to introduce the company's products in detail.
"How many drones can your swarm system coordinate at the same time to the greatest extent possible for cluster operations?" Will Parks asked. This is the most concerned issue at the Wu Point Building.
Some time ago, I accidentally discovered that China had been able to coordinate operations against more than 5,000 drones. This incident made the Americans lose face because they had been promoting the MgS army's drone technology to the world. After hyping for so long, the face was too abrupt. I am still a little confused. The Americans regarded it as being bullied by the other party on the face, which was very unhappy.
Marcus Lyle replied without hesitation: "Theoretically, 10,000 drones can be coordinated for swarm operations at the same time."
"Well, 10,000 is not bad...what? What did you say?"
Will Parks reacted for a moment, but soon came to his senses and looked at the other person with shock.
Marcus Lair repeated: "I said that in theory, 10,000 drones can be used for swarm operations."
Will Pax, who came back to his senses, immediately questioned: "How do you prove it?"
Marcus Lair said calmly: "Col. My company is in the early stage and the funding is tight. I can't just build 10,000 drones at this time to prove myself. The cost of a drone is no less than 30,000 US dollars, which means it needs 300 million US dollars. I don't have that much money and I can't do this unless someone pays the bill, but I have an absolute grasp of my technology, and you will see it in the future."
Will Parks: "No, no, if you can really do it as you said, the Pentagon will give you money to pay for you and guarantee you follow-up orders, when will you be able to get 10,000 drones out and test them?"
There is no problem with the Woogle Tower at all. The cost of 10,000 is only US$300 million, and the maximum cost is no more than US$500 million. Compared with the annual funding of more than US$700 billion, it is a drop in the bucket.
Now, the most important thing is how to win a game back from the Chinese in the field of drone swarm combat, earn face back, and suppress the opponent's arrogance.
Marcus Lyle said: "We only received Google's $15 million Series A financing yesterday. If we want to build 10,000 drones, we need to expand our recruitment, build production lines, and purchase components... $15 million is simply not enough."
This also indirectly shows that Lyle Binary is not a startup that anyone can control and embezzle. Behind it is a super technology giant with a market value of more than 600 billion US dollars. If you want to seize this game, Page will be anxious about you first.
Will Parks: "Listen, isn't money a problem? OK, you go to Wu Kok Building with me now. I think it's necessary for you to report your company to a higher-level security department, and this is your chance."
There is no concept of hesitation in Marcus Lair's logic program. The time required to judge things is positively correlated with his chip processing speed. However, he still "hesitated" for a moment like a human being, which is the result of emotional simulation.
After a moment, Marcus Lyle nodded and said, "I need to organize a piece of information and make a systematic report."
Will Parks: "Okay, then I'll wait for you outside, don't be too long."
Ten minutes later, Marcus Lyle left Monroe Parker with the information and went to the Woogle Building with the American military personnel.
...
Two days later, the Science and Technology Complex.
"Master, the latest news came from No. 3. Lyle Binary has received $500 million in R&D funding from Woogle Building and $2.5 billion in defense purchase orders."
Xiaona's voice responded in Luo Sheng's office. The latter was surprised when she heard it, "The progress of No. 3 is a bit fast. She 'retreat' Google the day before yesterday and has taken down the Wujiao Building, haha."
As he said that, he couldn't help but laugh, and he penetrated into the other party and didn't expect it to be so smooth.
After Marcus Lair went to Wu Kok Building, he got the super big order to purchase 70,000 drones at a cost of $35,000 per rack on the same day, but the premise is that Lille binary must allow Wu Kok Building to see that his company's technology can really cooperate with 10,000 drones to engage in swarm combat at the same time and achieve amazing results.
It depends on the effect, so this super large order of $2.5 billion is just a short check and requires redemption conditions. But as long as it can be proved that Lyle's binary technology is as described, the order will definitely not be placed.
First of all, the US has given $500 million in advance to allow Lyle Binary to test 10,000 drone swarm combat systems as soon as possible. Secondly, the US has been stimulated by the previous drone swarm exercises of its opponents. It has both a sense of urgency and a matter of regaining face.
Xiaona responded: "Master, have you initiated an intellectual property lawsuit against Lyle Binary?"
This is a planned plan. The Costa delle will sue Lyle for binary "plagiarism" technology in the future. Both parties will fight against the court, which will create an illusion that both parties are mortal enemies for outsiders.
The more uncontrollable the "contradictory" manifested by both sides, the safer the Lyle binary company will be, and the less likely it is to be suspected that the person behind the scenes is actually the same existence, so the Americans can feel at ease when using it.
Luo Sheng stopped and said, "No, let the bullet fly for a while."
Now is not the time, and the Costa del Azure has one last important task as it is about to end this year, which is the Abu Dhabi Defense Exhibition held on December 19th. Judging from the time, this is already something that is coming.
The drone bee colony needs to collect more data in actual combat to further optimize the product, so the export foreign trade version should also be put on the agenda as soon as possible.
While making money from the rich, the rich will also help test your products. Later, they will launch more awesome products to make more money from the rich. The perfect cycle is the export foreign trade version.
If you sell the things to the rich people there, there will definitely be no shortage of practical opportunities there.
...
Chapter completed!