Ann: Magnis Secures $11.1M Investment, page-87

A hypothetical:

Imagine you are a large investment house with deep pockets and an interest in property development.
You are forward looking and see that any new development – shopping mall, warehouse, technology campus – would be crazy not to include a roof full of solar panels and a nice, BIG battery. You have an opportunity to invest in a small battery supply chain company with big potential. You are contemplating being a cornerstone investor. What would you do??

Make your own decisions, but here’s what I’d do. I’d let them know that I have strong interest and, take up a stake worth just less than 5% and get a seat on the board. That way, I keep the business going for long enough to get a solid look from the inside. Of course, there are risks so with less then 5%, I can get out quickly in a fire sale. However, my long-term plan would be to inject further capital, as I watch the business steadily de-risk, until I reach a 20…25% holding.
That’s why and how I’d get the seat on the board.
And instead of paying money for the batteries that go into my property developments, I’d be making money from them