In the first part of this two part story, I introduce Dorina and her husband, Frederic (the narrator) and Angiola a white-knight investor in Frederic's firm.
By the end of this chapter you'd know the characters of the second part.
Enjoy...
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Tuesday, July 2, 2019
"C'mon, let's go, Dorina!" I raised my voice, checking the time on my phone for the third time, waiting at the bottom of the stairs for my wife to come down so we could go. It was not like her to take long getting dressed for a party or a get-together. She was usually very chilled out and pretty unpretentious.
Come to think of it, in fact, it had been my insistence that we put up our best impression that night. We were going to attend a gathering at Angiola's home. Dorina, my wife of seven years, took another fifteen minutes, ignoring my efforts to rush her. Possibly hoping I will calm down in a bit. It was making me even more anxious.
I muttered irritatingly, "What the hell," pacing aimlessly in our drawing room, itching to leave.
Just after seven, I saw Dorina appear from the top of the stairs. And just in a flash, all my worries seemed to have vanished, even if briefly. Her face had the minimum makeup, yet she looked as if an angel was climbing down the stairs to save my soul.
Dorina was the most beautiful creature I had known. The most gorgeous, kind-hearted, soft-spoken, and sweet.
In that momentary flux of a minute, I remembered how lucky I was to have a wife so beautiful.
Looking at my expression, Dorina smiled, something I had been missing, off late. The dimples on her cheek lifted her eyes, and her face lit up.
I largely blamed myself - at least in my heart, I knew I was the reason - even though I had been somewhat outwardly ambiguous about this. The tension between Dorina and me had been growing long before my business struggles, possibly when I was trying to spend unreasonable hours in the office and on travels across Europe. But the real dive in our relationship happened when my ambitions got the better of me and when I put our family business in trouble.
Dorina, "Don't get worked up, Frederic. It is just a party."
I came out of the daze as she reminded me of the party. Stupidly, I forgot to compliment Dorina on how beautiful she was looking. Instead, rushing her, "Dorina, you know how important it is for me. This could well be my only chance for a long while."
Dorina did not respond that she was doing more than what was expected of her. It was no fault of hers that I had wound myself up in the wrangle.
Having realized my mistakes, I focused on saving our business before mending the marriage, taking Dorina for granted.
As I drove out of the four-acre Cologny estate, the auto-sensor main gate opened, and before long, I was on the Quai de Cologny. The GPS told us we would take another fifteen minutes to reach Eaux-Vives, where, I assumed, Angiola lived. The invite did not clearly state if it was indeed her residence, though the address did seem to imply that it was.
It was amusing, actually. I had been seeking a meeting with Angiola for over six weeks and increasingly felt that I was being snubbed intentionally, even though each time I was informed Angiola was either traveling or was busy or engaged in some deal. It had only added to my anxiety.
My mind was preoccupied as I drove silently, saying little. Not quite sure how I would get what I wanted in a public setting. Maybe I would get just an opportunity to set the tone that night and break the ice. Maybe secure a later meeting to do the business discussion.
My adventure with
Joop
had put our three-generation-old business at risk. My grandfather, a master craftsman, had started the watchmaking business from his workshop. In the next three decades, he made
'Jura'
one of Europe's most renowned watch brands. He did it thanks to investors who had confidence in him and backed his talent. My grandfather took on four investors into his business - with a ten percent stake each - over time; all rich families of Geneva and patrons of my grandfathers' watches themselves. My father learned the craft by observing his father and took the brand global. Additionally, my father had launched another brand -
'Cross'
- on the way, which capitalized on the legacy of
Jura,
which my father elevated to a limited-edition ultra-premium brand. Our premium brand -
Cross -
became popular across many countries, and some renowned celebrities have endorsed it as well. The symbol emulated the Cross on our Swiss flag, a white plus-shaped sign on a red backdrop. The only distinguishing difference was the flag is square and our red backdrop is in a hexagon.
As was expected of me, I, too, learned the art of watchmaking from my father. By the time I took complete charge from my father, the business had expanded. On the back of the success of
Jura
and
Cross,
I launched
Joop -
a watch for modern times. A watch that would keep you up to date but did not make you feel old-school. A watch that told you the time, kept you current but reminded you of the history and legacy on your wrist as well.
Unfortunately, it turned out to be a failure. The current generation wanted an Apple watch.
I had risked way too much on the development of
Joop.
Dorina's only fault was - not stopping in my misadventure.
Joop
had been losing money regularly, eating up all the margins
Jura
and
Cross
were making. Her continued endorsement, I realized later, was not in
Joop,
but in me. She was backing me, someone she had married and stood by. After losing money six years in a row, I doubled down and got additional investment on board. I let two of our legacy investors increase their stakes to twenty percent each. That pushed our stake in the family business down to forty percent.
All hell broke loose when one of the legacy investors panicked at the progress of the company. I had hit a threshold clause in the shareholder agreement that if the company lost money five years in a row, the investor had the option to exit, and I had to buy the investor out with a preset return on his investment. I had the first right of refusal, and if I did not provide the buyout of the investor, he could turn to other investors. And if they, too, did not buy his stake then the concerned investor could offload his stake with a third party.
Angiola, the high-flying equity investor, had become that white-knight party. She was the proud owner, or so I would like to believe, of a twenty percent stake in our three-generation-old watch business. Despite that, I had still not met her.
After weeks of following up, I got an invite to this party. Angiola's office had managed to convey that she was very busy and could squeeze me into a close get-together that she was hosting where I could meet her. Angiola was a very successful woman, and I decided to ask Dorina to join me for the party. I was not even sure why. In another situation, I possibly would not have imposed it on Dorina; she too would not have liked to be put in an awkward position, joining a party of an unknown host and unknown guests.
Eaux-Vives district, situated on the east of the lake, was usually associated with young corporate executives with high disposable income. Though it was the fashionable and tonier part of Geneva, I was amused that Angiola lived in the Eaux-Vives district, if she did indeed stay there.
Upon arriving, we were escorted to the penthouse of a newish, classy residential building. We got down on the tenth floor; the party was on the semi-terrace. We walked through the spacious penthouse that seemed to span the entire floor.
The terrace garden was dimly lit; music played in the background. At first glance, it looked like some twenty-five to thirty guests. Almost all of them were between thirty and thirty-five. With a few couples dancing with arms around each other, most stood in small groups, talking and laughing, drinks in their hands. The lounge-styled sofas had a few couples sitting close, again in groups chatting and generally having a good time.
Angiola was on an independent single-seater sofa with a guest opposite her on another. It wasn't going to be difficult to recognize her. It was apparent that she was the queen-bee of the place. An aura around her spoke loud enough for all to see.