My Age of Investment

In a motor racing arena in San Francisco, four black and four red sports cars raced on the track, staged a speed chase.

The test drivers were all Tesla engineers, while Xia Jingxing, Eberhard, and Tarpenning quietly observed from the sidelines, chatting and commenting on the car from time to time.

"Daren, you can see now that we already have the ability to produce on a large scale, and the first model basically has no defects."

Eberhard pointed to the field in front of him, "Look, compared with fuel cars, they are almost invincible."

As soon as the words fell, a red Tesla stopped by the side of the track.

A young male white employee got out of the car, and he walked aside silently, leaving the car where it was.

Xia Jingxing didn't take it seriously, thinking that it was discussed among the employees, everyone changed the driving, and everyone had a share.

But not long after, the second, third...a total of eight cars stopped.

After the drivers got out of the car, no one came to replace them and continued driving.

"What is this for? Why didn't you run after only a few minutes?"

Facing Xia Jingxing's question, Tarpenning smiled awkwardly, "I told them to avoid overheating the car, and take a break after driving for five minutes."

Xia Jingxing was a little dissatisfied immediately, looked at Eberhard and said, "This is what you told me, there are almost no defects, and compared with gasoline vehicles, it is not inferior at all?

Consumers buy this car and drive it for five minutes?

It's a sports car, it's a vehicle, it's not a toy car. "

"Daren, listen to me."

Eberhard saw that the major shareholder was angry, and knew that he had spoken too much, and that he would be slapped in the face as soon as he finished speaking, so he wanted to find a crack in the ground and sneak in.

He explained with a blushing old face: "There will be an auto show in Santa Clara County in two days, and Tesla has already communicated with the organizer and booked a booth.

This is Tesla's first appearance in front of the public, so it's better for us to be cautious. If the car breaks down today, it will be embarrassing if there is no show car the day after tomorrow. "

"Don't change the subject,

Breaking down the car in five minutes? "

Xia Jingxing felt that the other party's reason was lame, it was too fooling, and the real reason was that there was a problem with the car.

Tarpenning came out to smooth things over, "Daren, it's like this, the car does have a little problem. Compared with mature gasoline cars, Tesla's body is prone to overheating.

This problem, we are working on solving it, it is not a big problem. "

Xia Jingxing's face was still not very good-looking, and he had learned to lie, it seemed that he was too tolerant and magnanimous.

Tarpenning and Eberhard looked at the ugly Xia Jingxing and looked at each other, knowing that they had committed a big taboo.

"After the investment, I chose the two of you to continue to lead Tesla. I didn't change people because I trust you.

But your performance, let me very disappointed. "

Xia Jingxing said with a straight face: "I hope this is the first and last time.

False, full of lies, this should not appear in a qualified manager.

I know that electric vehicles are an industry that starts from scratch, and is bound to encounter many difficulties during the research and development process.

Like the overheating of the car body, it was not a big deal, but you never told me.

In your work emails, I only see that you are breaking through and playing triumphant songs.

This is a typical report of good news but not bad news, and it is also a sign of disrespect for me.

If there is a next time, I will consider holding a general meeting of shareholders and re-election of the management. "

Xia Jingxing's words were very serious, and he hardly showed any affection.

Originally, this wasn't a big deal, but he took advantage of it once.

He saw that the two of them had some bad signs, so he took the opportunity to beat them up.

Eberhard and Tarpenning are Tesla's management, founders and shareholders.

After two rounds of financing, A and B, the two still hold a 31.75% stake in Tesla.

Since Tesla is not an AB share structure, even if the voting rights of the employee option pool held by the two are counted, the voting rights PK is weaker than that of Xia Jingxing and Vision Capital.

After being reprimanded by Xia Jingxing, the two of them couldn't hold back.

But they knew they were wrong, and Xia Jingxing was powerful, so they didn't dare to talk back, they just looked at the car racing field in the distance with sinking faces.

The three stood in the stands of the racetrack, while the employees were all on the track next to the stage, watching the racing cars up close.

So there was no one else around the three of them, so there was no need to worry about being heard by the staff for Xia Jingxing's reprimand just now.

This was what Xia Jingxing had considered, to save the two of them's face in front of their subordinates.

If you reprimanded the two in front of a group of employees, not to mention whether the two would develop resentment because of losing face, in terms of personal prestige, it would lose a lot, and it would be difficult to lead the team in the future.

In short, Xia Jingxing thought that he did it reasonably, and felt at ease.

Investment, especially majority equity investment and holding investment, will face many problems.

It is necessary to win over the management, but also to pay attention to the disobedience of the management, and to tie an iron chain to the ambition.

When things are irreversible, it is even more necessary to act decisively and quickly remove the sores.

Therefore, in the eyes of the outside world, capital is cold-blooded and ruthless, often kicking the founder out.

In fact, behind it is more a game of interests, without moral distinctions.

He has not been engaged in the investment industry for a long time, and many things are still in the exploratory stage.

But he knows that investing in so many companies cannot always be harmonious, and where there are people, there are rivers and lakes.

Once a problem is discovered, avoiding it is not a solution, it will only make people feel weak and deceitful, easy to fool.

When you should be strong, you must be strong, draw a bottom line, and warn you not to cross the line, so as to ensure that your rights are not violated.

And what the two of them committed this time is not a big one, but as long as he gently uncovers it, there may be a second, third... countless times in the future.

Moreover, it may be more serious every time. This time it is to conceal the problem of the car, and the next time it is to conceal the company's financial problems, or even more exaggerated things.

Eberhard and Tarpenning were silent for a while.

Tarpenning was the first to break the deadlock, and said: "Daren, we are wrong about this, and I apologize to you.

Later, we promise that such a thing will not happen again, I hope you can forgive us this time. "

Eberhard has now experienced what it means to be involuntary. Perhaps from the moment he lost his seat as a major shareholder, Tesla is no longer the Tesla of the two of them. people.

Previously Xia Jingxing acted harmless to humans and animals, as if he wanted to support them to the end, but now he finally showed his capital fangs.

And threatened to replace them!

To be honest, if he was not afraid of Xia Jingxing and Vision Capital's high shareholding in Tesla, he really wanted to have a good argument with Xia Jingxing.

They are also shareholders, not someone's subordinates.

But real life makes them have to bow their heads.

Therefore, after a difficult psychological struggle, Eberhard said reluctantly: "I promise, there will be no next time, and I will definitely inform you of everything in the future, no matter big or small."

Xia Jingxing immediately heard a trace of dissatisfaction in Eberhard's words.

He didn't hold on to it anymore, because he didn't have absolute control over Tesla right now. If there was a conflict, the project was suspended, and he, the major shareholder, suffered the most.

Nodding his head, this matter will be overturned and will not be mentioned again.

After the car was parked and cooled for a while, the second round of test run started again.

This time, instead of sending eight cars together, they were divided into four groups, with two cars in each group, one red car and one black car.

One group of cars runs the track for five minutes before a second group rotates.

Except for the employees who participated in the rotation test, the rest of the employees in the audience acted as cheerleaders, cheering and cheering beside the track, and the scene was full of hustle and bustle.

Xia Jingxing looked at the bustling scene in the audience, and then looked at the two silent people beside him, knowing that they still had knots in their hearts.

"Let's go, run a round next time."

Xia Jingxing took the initiative to break the embarrassment and invited the two to go racing, which also gave them a step down.

Tarpenning was stunned at first, but soon realized that this was a good opportunity to repair the relationship, and said with a smile: "Okay, let's run."

But Eberhard nodded reluctantly.

From the looks of it, he hasn't gotten over what happened just now.

Xia Jingxing acted as if he didn't understand Eberhard's face, and stepped off the stands first, and walked towards the crowd.

Tarpenning wanted to follow, but found that Eberhard was walking slowly.

He patted his partner on the shoulder, hugged him up again, put a little more force on his hands, and pushed Eberhard, who had a sad face, off the stands.

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