The process is deliberately front-loaded with the cheapest, highest-information step: thirty minutes with the founders. Everything after that is optional and reversible.
整个流程有意把成本最低、信息量最大的一步放在最前面:与两位创始人谈三十分钟。之后的每一步都是可选且可撤回的。
No deck required. We would rather answer the hardest three questions first.不需要看 PPT。我们更愿意先回答最难的三个问题。
Simple, mutual, no traps.简洁、双向、无陷阱条款。
Patent acceptance and preliminary-examination documents, pilot batch records, the full cost model, and the engineering design for module #1.专利受理与初审合格文件、中试批次记录、完整成本模型、模块 #1 工程设计。
Guangzhou. Walk the pilot bay, then taste what the process produces. Judge the technology with your own senses, not with our slides.广州。走一遍中试舱,然后尝一口这套工艺的产出。用你们的感官判断这项技术,而不是看我们的幻灯片。
Round size, valuation and milestone structure are all negotiable.融资额、估值与里程碑结构均可协商。
Target 45 days from first meeting to funds in.目标:首次会面至资金到账 45 天内完成。
Dialogue is founder-to-investor, no intermediary. If the technology does not stand up to your team's scrutiny in the first half hour, nothing else in this document matters.
对话是创始人直接对投资人,无中间人。如果这项技术无法在头半小时内经受住你们团队的审视,本文件其余内容都无关紧要。
We could have waited until the grant, or until the first shipment, and raised at a multiple. We are approaching partners now because the value of an early partner is precisely the part that cannot be bought later: influence over how the process is industrialised, and the supply-chain capability that shapes the cost curve from the beginning.
我们本可以等到专利授权,或者等到首批出货,届时以更高倍数融资。我们选择现在接触合作方,是因为早期合伙人的价值恰恰是后来买不到的那部分:对工艺如何工业化的影响力,以及从第一天就塑造成本曲线的供应链能力。