(no subject)
Jeffrey,
thank you for taking my call. I do need your help.
Faraday Future (FF) is a great story in itself, regretfully surrounded by a lot of noise around Jia Yueting (YT) and his other enterprises (LeEco, LeMall, LeSports, to name a few). These businesses are not working so he run out of cash. FF is starving.
FF build a great electric, connected and autonomous car. Beats Tesla. Prototype is out and works. Spend to date: 700 Million USD. Founded 2014.
Use of funds is to finalize testing and engineering, produce and sell. That is 1.1 billion USD. Start of Production SOP is 09/2018.
FF has a graded and serviced piece of land in North las Vegas to build a plant. Will use franchised dealer in the US to sell car.
FF has a sister company in China Le See for which vehicle engineering is done here in California. Sister companies are linked by a VIE structure.
Sister company (LeSee) funding is supported by YT money, large Chinese Government funding for factory and product development and Chinese Bank loans. Completely separate.
FF is trying to raise 1,0 billion USD Series A. Valuation estimate pre money is 3,0 to 3,5 billion USD now. All based on paper plan promises and Tesla comparisons. I think its highly achievable, but open for debate.
Shareholding of Cayman Holding FF company today: YT 85%, Employees 15%. A 700 Million Chinese-raised USD convertible is out that will convert in December.
Great chance to build a better Tesla. Top engineers, top manufacturing people from Tesla, BMW, Mercedes, Porsche and Ford. 1.200 Patents witch about 60 of good value belong to FF.
EFTA00678957
Further questions, let me know. Appreciate very much your support. It is a great opportunity.
Further questions, let me know.
Best
Stefan
<04.2017_FF Teaser_v22.pdf>
What do you think?
On my way back from Beijing
Will call you tomorrow
On 20 Apr 2017, at 21:05, jeffrey E. jeevacation@gmail.com wrote:
big deal. lots of time needed. masa at softbank, a maybe. . not sure why you shoudl do it have not seen your bene ? troubled
On Thu, Apr 20, 2017 at 8:20 AM, David Stern david.stern@celestiafgroup.co.uk wrote:
What do you think?
On 18 Apr 2017, at 03:48, Stefan Krause skrauses@mac.com wrote:
Jeffrey,
thank you for taking my call. I do need your help.
Faraday Future (FF) is a great story in itself, regretfully surrounded by a lot of noise around Jia Yueting (YT) and his other enterprises (LeEco, LeMall, LeSports, to name a few). These businesses are not working so he run out of cash. FF is starving.
FF build a great electric, connected and autonomous car. Beats Tesla. Prototype is out and works. Spend to date: 700 Million USD. Founded 2014.
Use of funds is to finalize testing and engineering, produce and sell. That is 1.1 billion USD. Start of Production SOP is 09/2018.
FF has a graded and serviced piece of land in North las Vegas to build a plant. Will use franchised dealer in the US to sell car.
FF has a sister company in China Le See for which vehicle engineering is done here in California. Sister companies are linked by a VIE structure.
Sister company (LeSee) funding is supported by YT money, large Chinese Government funding for factory and product development and Chinese Bank loans. Completely separate.
FF is trying to raise 1,0 billion USD Series A. Valuation estimate pre money is 3,0 to 3,5 billion USD now. All based on paper plan promises and Tesla comparisons. I think its highly achievable, but open for debate.
Shareholding of Cayman Holding FF company today: YT 85%, Employees 15%. A 700 Million Chinese-raised USD convertible is out that will convert in December.
Great chance to build a better Tesla. Top engineers, top manufacturing people from Tesla, BMW, Mercedes, Porsche and Ford. 1.200 Patents witch about 60 of good value belong to FF.
EFTA00678957
Further questions, let me know. Appreciate very much your support. It is a great opportunity.
Further questions, let me know.
Best
Stefan<04.2017_FF Teaser_v22.pdf>
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EFTA00678958
big deal. lots of time needed. masa at softbank, a maybe. . not sure why you shoudl do it have not seen your bene ? troubled