Page 65 of Broken Brothers
I caught a brief glimpse on his phone that showed one of his programmers was calling him. I took the opportunity to look down at my phone and see that not only was I confused by the one text, I got confused by two texts.
See, they said the same thing.
“Meet up soon?”
But one came from Layla and one came from Claire.
The context immediately before that particular message was rather drastic. Layla and I had at least reached a point of civility,and perhaps she saw it as me finally being open to meeting her again. Claire was doing it under the guise of business.
You know, you’re assuming a lot. It’s not as if Layla has actually expressed an interest in getting back together. She’s just apologized.
And Claire… well, let’s not go down that rabbit hole.
I locked my phone and looked back at Andrew. I didn’t know what the numbers would show yet, but the idea of an acquisition or at least an investment larger than 10 percent seemed like the most obvious choice at this point. Maybe Andrew wouldn’t sell the majority of shares in the company, but we could easily acquire enough to hold voting power.
The opp was too good. The chance was too good. The timing was too good.
I just had to hope that we didn’t get usurped, as I had last time, at the last second.
And if we did…
Well, I wasn’t going to take it as easily as I had with the Taylors and Burnson Investments.
28
Over the next three days, Andrew and I sat down and hammered out a couple of options that he said he needed time to figure out.
The first one was $5 million but with a 30 percent purchase. That would leave us second only to Andrew, who would own 42 percent of the company. It would allow us to have a say, but not necessarily to have control of the company. It was the best I could get, but knowing Andrew, it was also something I was willing to take on.
See, I had in my head that the kind of growth Virtual Realty could have would come after Andrew exited his role as CEO. Oh, he was invaluable to the team as a visionary for the product. I would have paid him $1 million a year out of the Hunts’ retirement fund just to keep him around. But as a CEO? He needed a little bit more seasoning.
Maybe I needed a little more seasoning as an investor, especially given that this was just our second deal—not yet even completed—and my first couple of ones, well, I had a little bit of trouble keeping my dick in my pants. But I couldn’t spend time contemplating that. I had to move, I had to move fast, and Ihad to move with purpose—contemplation and reflection would come at the appropriate time.
Andrew liked that idea best, although he was uneasy about me eventually purchasing more shares. That, however, was the point, and I had to admit, I began to feel a little like Edwin Hunt here.
In the back of my mind, I knew that in two, three years, the company likely would not have the kind of growth Andrew would have hoped for with him at the helm. Once we hit that point where we realized we had not achieved that profitability, I would be able to make a move, put myself or someone else in the company, and then watch it explode. It was a little Machiavellian, sure, but it was also from an honest place in that I wasn’t making the move to fuck over Andrew but actually to help him.
The second option was $1 million at a hair over six percent. This option would keep us as passive investors, and while Andrew was paranoid about me coming in and having a larger say than he was comfortable with, he was equally uncomfortable with the idea of us investing and being nothing more than a dollar amount. Plus, $1 million for his company would only go about ten months before it burned out—it wasn’t long enough for them to generate self-sustainability.
I had given him the second option to make him feel like he had choices, but I think we both knew that only one option was really viable—the $5 million for 30 percent one.
Well, in the context of us, that was true. In the context of all funding options, that wasn’t true. I had to hold my nose and hope Morgan worked his friendship enough and that I had made a good enough impression on Andrew to give us a fighting chance.
When I boarded the plane that Thursday morning, I felt pretty good about where we stood. We had not agreed toanything, but Andrew’s words and actions suggested that he had great interest in joining us. We joked, we laughed, and we bonded over things like growing up in rich families, travels, and the pressures of having to succeed from overbearing parents. It was surprisingly vulnerable and honest, but I never let myself lose focus on the task at hand—sealing the deal.
Sealing the deal in a polite, win-win manner, not in an Edwin Hunt-style manner.
Just before I boarded the plane, my phone rang. With a sigh, not really looking forward to more questions about hanging out this weekend, I grabbed it. But it was not Layla or Claire.
It was Morgan.
“Hey, what’s going on?” I said.
“Where are you?”
He sounded flustered and worried, as if someone had just told him I was being held hostage.
“I’m at the airport, our plane’s boarding in about ten minutes.”
Table of Contents
- Page 1
- Page 2
- Page 3
- Page 4
- Page 5
- Page 6
- Page 7
- Page 8
- Page 9
- Page 10
- Page 11
- Page 12
- Page 13
- Page 14
- Page 15
- Page 16
- Page 17
- Page 18
- Page 19
- Page 20
- Page 21
- Page 22
- Page 23
- Page 24
- Page 25
- Page 26
- Page 27
- Page 28
- Page 29
- Page 30
- Page 31
- Page 32
- Page 33
- Page 34
- Page 35
- Page 36
- Page 37
- Page 38
- Page 39
- Page 40
- Page 41
- Page 42
- Page 43
- Page 44
- Page 45
- Page 46
- Page 47
- Page 48
- Page 49
- Page 50
- Page 51
- Page 52
- Page 53
- Page 54
- Page 55
- Page 56
- Page 57
- Page 58
- Page 59
- Page 60
- Page 61
- Page 62
- Page 63
- Page 64
- Page 65 (reading here)
- Page 66
- Page 67
- Page 68
- Page 69
- Page 70
- Page 71
- Page 72
- Page 73
- Page 74
- Page 75
- Page 76
- Page 77
- Page 78
- Page 79
- Page 80
- Page 81
- Page 82
- Page 83
- Page 84
- Page 85
- Page 86
- Page 87
- Page 88
- Page 89
- Page 90
- Page 91
- Page 92
- Page 93
- Page 94
- Page 95
- Page 96
- Page 97
- Page 98
- Page 99
- Page 100
- Page 101
- Page 102
- Page 103
- Page 104
- Page 105
- Page 106
- Page 107
- Page 108
- Page 109
- Page 110
- Page 111
- Page 112
- Page 113
- Page 114
- Page 115
- Page 116
- Page 117
- Page 118
- Page 119
- Page 120
- Page 121
- Page 122
- Page 123
- Page 124
- Page 125
- Page 126
- Page 127
- Page 128
- Page 129
- Page 130
- Page 131
- Page 132
- Page 133
- Page 134
- Page 135
- Page 136
- Page 137
- Page 138
- Page 139
- Page 140
- Page 141
- Page 142
- Page 143
- Page 144
- Page 145
- Page 146
- Page 147
- Page 148
- Page 149
- Page 150
- Page 151
- Page 152
- Page 153
- Page 154
- Page 155
- Page 156
- Page 157
- Page 158
- Page 159
- Page 160
- Page 161
- Page 162
- Page 163
- Page 164
- Page 165
- Page 166
- Page 167
- Page 168
- Page 169
- Page 170
- Page 171
- Page 172
- Page 173
- Page 174
- Page 175
- Page 176
- Page 177
- Page 178
- Page 179
- Page 180
- Page 181
- Page 182
- Page 183
- Page 184
- Page 185
- Page 186
- Page 187
- Page 188
- Page 189
- Page 190
- Page 191
- Page 192
- Page 193
- Page 194
- Page 195
- Page 196
- Page 197
- Page 198
- Page 199
- Page 200
- Page 201
- Page 202
- Page 203
- Page 204
- Page 205
- Page 206
- Page 207
- Page 208
- Page 209
- Page 210
- Page 211
- Page 212
- Page 213
- Page 214
- Page 215
- Page 216
- Page 217
- Page 218
- Page 219
- Page 220
- Page 221
- Page 222
- Page 223
- Page 224
- Page 225
- Page 226
- Page 227
- Page 228
- Page 229
- Page 230
- Page 231
- Page 232
- Page 233
- Page 234
- Page 235
- Page 236
- Page 237
- Page 238
- Page 239