The Youngest Son of Sunyang

“First of all, thank you for your quick decision. Professor.”

“No. This is an opportunity. I can't miss it. Thank you very much for the opportunity. ”

Professor Shashua showed up after dinner. It was late, but it seemed to show his heart that it was hard to endure one night.

Since it was late, most of the guests enjoyed drinking in the bar, the lobby lounge was quiet.

“I wonder what the answer to my proposal would be. ”

Professor Shashua took out a piece of paper that had been folded gently from the pocket of the statue.

“This is the cost of starting an early business. He also made a brief note of the proposed investment equity structure. ”

As soon as I saw the number on the paper, I almost burst into laughter.

These are the numbers you would expect to see on the scale of Cognitens, founded in '95.

The difference between venture companies in my country came clear.

My country venture seems to be everywhere trying to get as much money as possible, but this piece of paper contains traces of how to save money.

It offered the smallest cost, and for me it was a small amount of money that seemed to burst into laughter.

I folded the paper over and quietly placed it on the table.

“Professor, can I tell you something that's more important than money? ”

“Of course.”

“Are you confident that your research will be realized? ”

“That's right.”

Professor Shashua nodded his head and showed great confidence. There was not even a hint of hypocrisy in his attitude.

We have faith in ourselves and what we need, so we can move on to the next step.

“What does technology center collaboration look like? It says here that it gives 3.7% share to the University Technical Center...? ”

“Oh, the equipment and labs that the regular schools provide are very expensive. including miscellaneous things like other library books. ”

Professor Shashua explains the school as soon as I have an equity-sensitive reaction.

“At our university, we do not care about the support of our business. We're not sure if we're going to get any significant results, but we're already supporting more than 200,000 dollars of material. 3.7 percent is not a lot. ”

“Oh, don't get me wrong. I'm not blaming the school. I just wanted to know the scale of the school's support. ”

Of course, that's not all.

“The first funding required to create significant results is $700,000, and the second funding required to achieve commercial results is $1.5 million. Is that correct?"

“Yes.”

Maybe I think I'm too much, but Professor Shashua is just looking at my mouth a little nervous.

“And Miracle's share is 35%. ”

“Not enough?”

“No, that's reasonable. I mean it.”

Professor Shashua relaxed and smiled brightly. I believe the deal is done.

But the first offer is right to refuse. Whether the offer is reasonable or not.

“Professor.”

“Yes.”

“Let me tell you what I think. It may be irrational, but will you listen to the end? ”

“Oh, yes. ”

He slowly said, looking at the professor who lost his smile.

“I'll give you 400,000 dollars for the University Technical Center. And I'm going to leave the materials that the school has provided as its own. You don't owe the school anything, so you don't have to give them 3.7%? Should I give him more? ”

I can't open my mouth just by shaking my head. The second offer is more effective the more thorough it is. Just like Professor Shashua was shocked.

“And I'm going to raise the primary funding to seven million dollars. Gather all the equipment you need, all the most advanced, and all the manpower you need. Dr. MIT in the United States is fine. ”

“Me, Mr. Jean! ”

If you get a second shock before the first shock disappears, you stutter like this.

“The second funding for commercialization is then decided. Don't get me wrong, I'm not saying I don't want to spend 1.5 million dollars, I'm just postponing the decision because I don't know if I want 15 million dollars or if I need more. ”

Maybe you think I'm crazy. And you might think that this investment is going to end up being a sham.

Ten times the amount required. That's not the end of it. I would have read ten times or a hundred times the amount I wanted to throw.

In this case, there is only one thing.

This is a time that has already been recognized as a potential success in the marketplace, or has already grown a more successful business.

However, Professor Shashua wrote only the first line of Chapter 1. No one knows whether this novel will be finished or sold well in the future.

But I'm not crazy.

Founded by Professor Shashua, a bright Russian investor will immediately gain a substantial stake of $10 million.

If I put my hand on it beforehand, I won't be able to come in with a spoon on the table.

“Mr. Jean, honestly, this is an unbelievable offer. It's true that I have a tight budget, but it's 10 times more money... ”

“I'm not finished with you yet. ”

The confused Professor Shashua seems to have something to say, but shuts his mouth.

“I would like to set Miracle's share to 60% instead. ”

As soon as the word 60% came out, the professor's face was crumpled, but my offer was not yet completed.

“I just keep it. All voting rights are reserved for the professor and are not involved in management at all. I'm not going to send you any regular audits, so you don't need a separate report on how you spend your investments. Think only of business success. ”

I ended my story and made a turn. Now it is time to hear Professor Shashua's final answer.

But I can't open my mouth. I just blinked and looked at my face.

“Professor?"

“Oh, my God. I'm sorry, this is the most ridiculous investment term I've ever heard…. This is almost gambling, isn't it? ”

Those eyes that don't trust investors, they're a lot crazier.

“If the first card is an Ace, there's enough chips for all. ”

I still do not accept whether I am cautious or suspicious.

“By the way, I'm going to invest in Cognitence, but would it be worth a million dollars? The equity will match the current capital ratio. ”

I stopped saying more verses and moved on to the topic.

“A million dollars is 80 percent of Cognites' share. That's a little tricky. ”

“Let's say 50 or 49 percent. The other conditions are the same as I told you about. ”

I put down the coffee cup I was holding. I have nothing more to say.

“You must reconsider. If you accept my terms, I will create an investment contract by tomorrow. After reviewing and stamping, you will immediately deposit the full amount of the investment into the designated account. ”

After realizing the story was over, Professor Shashua stood up, putting down his cup of coffee.

“I've heard great things about your offer. I never thought I'd have to worry about such a good condition, but it's come true. ”

“If you win the lottery, you won't believe it. the higher the winnings. ”

I reached out my hand and asked for a handshake.

“I don't doubt that your research will be a lottery ticket for me. Haha.”

* * *

Oh Se-hyun didn't ask about Sicily Cole because he had a lot of money.

Just say, "Less than $10 million, I'd turn around.” That's all I said.

I ended the call with just a big stalemate of investment terms.

Make a contract in Miracle and mail it to us, and we're done here.

This is going to be a really long term investment. However, I hope to use Professor Shashua's 'Advanced Driver Assistance System (ADAS)' to increase the share of Azin cars in Korea and contribute to the lack of advanced systems overseas.

The next day, Professor Shashua ran to the hotel during the morning as if no one hated winning the lottery.

“God says we shouldn't miss out on miracles like this. ”

He spoke of divine revelation as a Jew. I laughed a little and joked.

“Did God really say that? Or is that the result of a cold, rational calculation? ”

“Actually, as a scientist, accurate calculations come first. Haha.”

I gave him an investment contract, smiling brightly.

“Here's a draft of the contract. ”

Professor Shashua, who carefully read the contract, had a bright face.

“Good thing there's no more piles. But I'd like to double-check with my lawyer. ”

“Of course you do. And the mission is left blank. Write it yourself.”

“Oh, but I thought about the name of the company. Mobileye. What do you think?”

Nothing has changed so far.

Same name.

“Very good. I know exactly what I'm looking for. ”

I grabbed his hand, smiling happily.

Over $10 billion of solid insurance.

It's about whether to touch big money when it's due, and whether to break insurance and spend it for other purposes before it expires.

* * *

When I returned to Korea, the person who was waiting for me was not Oh Se-hyun.

He had no interest in what I had done when I went to Israel to work with the HW group on the construction of the Great Ark.

I ran straight from the airport, but it was my grandfather's study.

“Son of a bitch. Why did you go to that dangerous place? ”

His eyes were full of worries and furrows.

“I'm fine these days. It's not always a war zone. ”

My grandfather swept his heart when he saw me alive.

“I couldn't help but insist on calling. I don't want to get in the way of work. ”

“You could have called. I just needed some air. ”

“You want to wind up on the other side of the world? I'm not gonna ask you what it is, so don't say anything that won't even work. ”

The smiling grandfather returned to his original form.

“That's not why I wanted to see you so urgently. ”

Just when I opened the library door, my aunt and aunt put out their faces.

“Oh, Joon was here, too? ”

My aunt clapped my shoulder with a bright smile.

“Everybody sit down. I have one thing to tell you. ”

Grandpa paged all of us because of the upcoming local elections.

“West Choi. ”

“Yes, sir. ”

“You have no problem with the Seoul Market, right? ”

“Yes. We were turned into opposition parties and the popularity of the former government had fallen, so no one threw the challenge." Excellent. ”

The first button to go to the Seoul market was inserted, so it was natural for both of them to have a good look.

“It looks like you're splashing cold water, but there's something you need to know. The ruling party seems to have scored high school heat as a Seoul market candidate. ”

I was the only one in this room with a straight face.

Candidate for Seoul Market Election in the second national simultaneous regional election. Oh, of course it happened in my past life.

He is a bureaucrat with no political affiliation. He is also a disgraced administrative officer. You've recruited a free man from politics on both sides, so you've met an enormous enemy as a opposition.

Her complexion had already turned to dirt, and she bit her lip.

“Hehe, Tojun, I think you're wasting your money. ”

“Grandfather. I don't think it's on the news yet. How did you know? ”

“How do you know? Ko Kyung Fei called to greet me in the morning. And he asked me what I would do to recruit him from the ruling party. ”

“Yes? Why would he ask Grandpa for permission? ”

“The man who made it up there with my money should be allowed to fight my son-in-law. You wanted answers that I wouldn't interfere. Haha.”

That smile.

Now he is enjoying the situation.