Chapter 210
The industry was fiercely competitive. In fact, countless competitors were far better than them. Thus, most venture capital firms would exclude them from investment.
No venture capital firm would be interested in Investing unless the company manufactured an iterative
product.
If Carlisle had enough funds, he could have considered better suppliers. Otherwise, he would not choose
to invest in his own company.
Carlisle continued, “I intend to support your company’s development for our long–term cooperation. You may all then consider it as me customizing parts for all of you.
“However, your technology and components currently don’t match my phone’s requirements. Hence, I want you to upgrade your products. In fact, I will be providing the funds for your upgrades!”
Edward turned to look at Simon and Harry, who were in disbelief.
Carlisle would be bearing all the risk. It was like a pipe dream.
Then, Carlisle resumed speaking. “The condition is I want to hold the majority of the shares in your
companies!”
Harry took a deep breath and cautiously asked, “Mr. Zahn, why don’t I just sell East Edge Ventures to you?” There were plenty of phone camera manufacturers. In fact, many camera manufacturers were producing mobile phone cameras. Their camera technology far exceeded those of Harry’s company.
East Edge Ventures was not doing well and was almost on the verge of bankruptcy. Hence, Harry wanted to exit the market.
Edward stepped on Harry’s leather shoe with all his might and whispered, “Are you stupid? Mr. Zahn is bearing all the risk. What are you scared of?”
Harry sighed.
“I’m an old man and can no longer keep up with this. Our small–time brands are no match for the successful ones.”
Simon also agreed with Harry as he listened to his explanation.
Carlisle evenly asked, “Which successful brand did not experience a challenging fight to succeed? Isn’t the mobile phone industry very competitive? Look where I am.”
Simon immediately dismissed his previous thoughts when he heard Carlisle’s words. He nodded firmly.
“Mr. Zahn is right. How can we see the rainbow without a little rain? I’ve been in the battery industry for 16 years and am unwilling to give up. I accept your investment and condition!”
Edward agreed, “Me too!”
Chapter 210
Harry inhaled deeply before looking at Carlisle and said, “Since you’re very confident, I will risk it all with you.”
Carlisle smiled.
He looked at Logan and Hank, asking, “Have you designed the mobile phone blueprints?”
“At the moment, we only have a draft concept drawing.
Logan extracted a folded paper from her bag.
Carlisle took it over and looked at it.
It was a full–screen design with rounded corners. Its size was similar to the first–generation iPhone, with three buttons retained below the screen. They were the dial button, home button, and return button.
The lower half of the back of the phone had a battery slot. It resembled the removable batteries that Android phones first had.
Overall, the draft was quite close to what Carlisle had envisioned.
Logan cautiously said, “This is an initial prototype design. We’ll continue designing and pick the best
model from ten drafts!”
Carlisle nodded, saying, “Excellent designs. It’s pretty close to what I had in mind.”
