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 Chapter 3218 Skyline

Although this remote sensing satellite company is a special company that is controlled by the national security department and subject to various restrictions, if the buyer is an authentic American, and the famous Rothschild family, then all control measures can be perfectly circumvented. 

In addition, the boss and shareholders of the company have long been looking forward to cashing out, so when they heard that the second-in-command of the Rothschild family was coming to discuss the acquisition, they immediately organised an online vote.

As a result, without exception, everyone agreed to sell.

So, the founder and CEO immediately began to discuss the acquisition limit with his partners and investors.

On Steve's way to Houston, they reached a few consensuses on the acquisition.

If the other party pays the acquisition money in one lump sum, the reserve price can be lowered to 3 billion US dollars. As long as the contract Steve gives is above this amount, the agreement can be signed;

if the payment of the acquisition money needs to be paid in batches and instalments, and the total payment period exceeds one year, but there are no other additional terms, the reserve price will be increased to 3.3 billion US dollars. For every additional year of the payment period, the reserve price will increase by 10% on the basis of 3 billion US dollars;

if the payment of the acquisition money needs to be paid in batches and instalments, and there are performance bets and non-compete agreements, then the reserve price will start from 4 billion US dollars, and 2 billion US dollars must be paid in the first instalment.

Everyone reached a consensus, and CEO Carl Lucas suppressed his excitement and waited for Steve's arrival in the office.

After arriving in New York, Steve rushed to Houston almost non-stop.

Originally, he could let Carl Lucas take the core team to New York to meet him, but in order to learn more about this company and to better win people's hearts, he decided to come in person. After all, acquiring this company is only Charlie's initial requirement. It is most important to keep this company stable and controllable for Charlie to continue to operate.

When Steve, accompanied by a group of bodyguards and entourage, arrived at the company's headquarters in Houston, all executives, including the CEO, lined up in front of the helipad on the rooftop.

Three helicopters arrived one after another. Since there was only one helipad, the first two helicopters landed and waited for the passengers to get off before taking off again. The two helicopters were all filled with bodyguards, nearly 20 people in total.

When the third helicopter landed, Steve and several of his assistants got off the helicopter together. CEO Carl Lucas wanted to come forward, but was stopped by several bodyguards a few metres away. After the bodyguards searched him, he was allowed to approach Steve.

Seeing Steve, Carl Lucas said excitedly: "Mr. Rothschild, it's a great honour to meet you. I am the CEO of Skyline, Carl Lucas, you can call me Carl!"

Steve nodded slightly, shook hands with him, and then said: "Hello Carl, I think you already know my intention, let's find a meeting room and have a good talk."

Carl immediately said: "Okay, Mr. Rothschild, please follow me, I will take you to the meeting room."

Steve smiled and walked out, and a group of bodyguards immediately surrounded him and Carl and came to the top floor meeting room of the office building.

After the two came to the meeting room, other executives could only be allowed to enter after being searched one by one.

In order to prevent too many people from being too chaotic, Carl only brought two people to the meeting, one was the company's chief technology officer and the other was the company's chief financial officer.

After Steve sat down, he said to Carl, "Carl, please give me a brief introduction of your company."

Carl nodded and said respectfully, "Mr. Rothschild, we have nearly 800 employees in Skyline. The building you are in is our headquarters. There are about 500 employees working here. Our servers are also here. This building is our own property. The current market value is about 70 million US dollars;"

"Skyline currently has a total of 29 satellites in orbit. We have reached a cooperation with SpaceX. Next month, three more Sky satellites will be launched together with their Starlink satellites. There will be three more in the first quarter of next year. According to our original goal, the number of satellites will be increased to 45 within next year."

Steve asked him, "How is your current revisit capability?"

Carl said, "Under normal circumstances, four to five revisits a day are not a big problem. Under special circumstances, special targets can be revisited 20 times a day, but this also depends on the target's illumination time. Our satellites are excellent in the civilian grade, and the accuracy can currently reach the metre level, but the imaging has a high demand for light. In weak light or even at night, basically nothing valuable can be captured."

Steve nodded, and asked, "Are you shooting every day? Is the data updated every day?"

"Yes." Carl said, "Let our chief technology officer give you a detailed introduction."

The chief technology officer pushed his glasses and explained, "When our satellite orbits the earth, it will take pictures of the places it passes through according to the predetermined orbit. Each area will be numbered, and the shooting will be carried out one by one according to the numbered plots, and then handed over to the background for stitching and synthesis. The satellite will choose whether to shoot according to the light, weather, and visibility of the place it passes through. Our CEO just introduced to you that our technology and hardware are not as good as the keyhole of the US military, so generally speaking, if the place it passes through is in the evening or at night, we will not take pictures; we will not take pictures in cloudy and thunderstorm weather; generally, we will only take pictures when the light is good and there is no cloud or fog. The pictures taken will be automatically screened, and only those that meet the clarity standards will be allowed to enter the database;"

"After entering the database, the filmed material will be sealed according to the timestamp. After the time limit fixed by the security department has passed, the system will automatically replace the previous image material. However, the surface area of ​​the earth is very large. Under normal circumstances, we need at least two months to conduct a qualified and comprehensive shooting of the land around the world. Therefore, our database can also provide users with any piece of land in the world. Changes every few months in the past nearly ten years. This is a paid function on our own software and a source of income for our self-operated business;"

Carl said: "Mr. Rothschild, since we are talking about income, let our chief financial officer tell you about our current financial situation." 

Steve waved his hand: "Don't worry, I want to ask, can you access the data that the security department requires you to seal internally?"

"Yes." The chief technology officer said: "All data taken by satellites will be directly transmitted back from our satellites to the database of our own server as soon as possible, and the security department requires that our data must be sealed and cannot be made public before the time limit expires." 

Steve nodded slightly. If it was just a requirement that it could not be made public, then it would be fine. At least Charlie could get the first-hand data as soon as possible.

So, Steve asked again: "If I am particularly interested in a certain place and want the satellite to keep a close eye on it, I think it can be done, right?"

The chief technology officer said: "It can be done, but if this demand is frequent, it will have a certain impact on the satellite's original shooting mission."

Steve felt relieved. After buying this company, he was not going to make money from it. It would be best if Charlie could use it easily. The main thing was that these satellites must keep rotating in the sky. Otherwise, he would rather all satellites run over the places that Charlie was interested in and shoot 24 hours a day. As for the company's original business, it was nothing, and it was completely acceptable not to make a penny.

Thinking of this, Steve looked at the CFO and said, "Next, let me introduce the financial situation."

The CFO said respectfully, "Mr. Rothschild, our Skyline has now gone through four rounds of financing, with a total financing amount of 670 million US dollars. The most recent financing was at the beginning of last year, with a financing amount of 300 million US dollars. Our annual revenue last year was 230 million US dollars, and the net profit was negative 50 million US dollars. This year has not yet ended, and the revenue is expected to be around 270 million, and the net profit is expected to be negative 100 million US dollars. This is mainly because the hardware investment this year is relatively large. I will introduce it to you in detail in the fixed assets later. Next, I would like to introduce to you our cash reserves, external investments, and equity situation. If you have any other questions, you can ask me at any time."

Steve waved his hand, looked at Carl, and said seriously, "My time is limited. I will let professionals connect with detailed content in the future. I will tell you my acquisition needs, and then we will set a price and directly advance the core issues. What do you think?"

Carl immediately said, "No problem, we will follow your pace."

"Okay." Steve nodded and said, "I asked around before I came here, and a relatively professional person evaluated the valuation of your company for me. It's probably in the range of 3 billion to 4 billion US dollars. But you also know that valuation is very fictitious. Even if your valuation can reach 4 billion US dollars, that's just the price others paid when they invested in you. I think you have a good prospect, and I have 400 million US dollars to invest in you in exchange for your 10% of the shares to bet on the future, but you can't put this 400 million US dollars in your pocket. Instead, it will be placed in your company's account to develop your business. If you want to put it in your own pocket, it's not an investment, but a private equity transaction. In that case, no one will be willing to pay 3 billion. "

At this point, Steve said, "But I can give you a condition that you can't get anywhere else. I will directly acquire your company for 5 billion US dollars. Of the 5 billion US dollars, I can directly give you 2.5 billion, making you real billionaires immediately. "

"Then, all of you shareholders must stay here and continue to help me run this company. I won't pay you any extra salary, but I will give you the remaining $2.5 billion in the next three years. After the three years, if I still need you to stay here, we will renegotiate the terms. If you can accept it, you can directly enter the acquisition process today. If not, I will go back to New York. This offer is valid for three days. You can call other shareholders to discuss it together. If you change your mind, contact me within three days."