My rebirth is different

Chapter 572 Can I reach the top of the rich list?

International Trust and Investment Corporation can go through the back door and reach a deal with Yuwenfei privately, but other investment banks are not so lucky, they can only make quotations according to the highest price they can accept, otherwise they may not be able to enter the second round of financing negotiations meeting.

Citibank gritted its teeth and filled in the acceptable valuation of "65 billion US dollars"!They are not only here for the shares of Facebook, but don't forget, they also have the qualifications of underwriters for the listing of Facebook.

Similarly, HSBC is not to be outdone, and the figure on the quotation sheet is not small, 62 billion US dollars!

Deutsche Bank is more cautious and only reported a valuation of US$58 billion.

As for the rest of the investment banks, some are not qualified for IPO underwriting, and some are not too optimistic, and their quotations are lower than those of these banks.

Three days later, Facebook announced that Citibank and HSBC were shortlisted for the second round of negotiations, and all other investment banks were out.

The negotiation this time is much more serious, because this time it will directly determine who will win the financing quota of Facebook and the qualifications of the listed underwriter!

On the Citibank side, Bourne is leading the team, and next to him are his assistants, legal counsel, and senior investment managers.

Across the long conference table, sitting opposite was the representative of HSBC Bank. To Yu Wenfei's surprise, he met his old acquaintance!
When the representatives of HSBC came in, Yu Wenfei was taken aback for a glance. He pointed to a man in his early thirties and asked, "That...you are not from Hang Seng Bank..."

He couldn't remember the last name of this person for a while, but when he was a high school student, when he went to Xiangjiang to buy the shop king, he applied for a loan at Hang Seng Bank, and it was this gentleman who received him.

Buying a shop king, applying for a bank loan, and registering Xiangjiang Company, that is the beginning of Yuwenfei's legend.

If he had been stuck at the bank loan level back then, it is estimated that he would not have such a big career now, so Yu Wenfei still has an impression of this person.

Sure enough, he did not mistake the person. Seeing that Yu Wenfei recognized him, the representative of HSBC Bank burst into a smile, stepped forward two steps quickly, stretched out his hands, and said respectfully: "Mr. I work in Hang Seng Bank, and now I'm transferred to HSBC, my surname is Luo, you can call me Xiao Luo."

Naturally, Yu Wenfei would not call him Ronaldinho. This person was obviously a round older than himself. He smiled and said, "Manager Luo! It's a pleasure to meet you. You must have been promoted, congratulations."

Seeing this scene, the representative of HSBC was secretly proud of himself.

He also inadvertently learned that Ronaldinho and Yu Wenfei had such a friendship, so this time he specially brought Ronaldinho over to participate in the negotiation. Add a little impression points.

…………

The second round of negotiations officially started, and Yu Wenfei still asked Cai Congxin to host, while he sat on the sidelines and looked at everyone with a smile.

"Okay, let me announce one thing first. Mr. Yu Wenfei, the major shareholder of Facebook, has reached an agreement with Modu International Trust and Investment Company in his private name to transfer 900 million Facebook shares in hand, so leave it to everyone The share is not much. Facebook will also issue 1000 million additional shares this time, accounting for about [-]% of Facebook’s post-financing share. This proportion of shares will also be Facebook’s third largest shareholder, second only to Yu Yuwenfei and Modu International Trust and Investment Company."

Cai Congxin announced loudly.

The representatives of Citibank and HSBC did not express anything on the surface, but they were envious and jealous in their hearts.

I still have to work hard to negotiate, desperately grabbing the 1000 million additional shares, but the Shanghai Magic City International Trust easily took away 900 million shares!
This person can really piss people off.

Now that the negotiation is getting to the point, there is actually no complicated process. It is nothing more than giving the shortlisted investment banks an opportunity to ask more sensitive and in-depth topics and learn what they want to know.

After all, when it was the first time, some things on Facebook, especially those involving commercial secrets, naturally couldn't be told to everyone.

But this time, I can properly disclose some.

Citigroup took the lead in asking: "May I ask Mr. Cai, when is Facebook expected to turn losses into profits?"

Cai Congxin smiled and replied confidently: "Facebook's hardware investment has come to an end, and the next expenditures are nothing more than software and manpower expenditures. With Facebook's current influence on the domestic Internet, we don't even need to promote it. Expenditures in terms of expenditure. Facebook will be able to come up with a beautiful annual report by next year at the earliest, or the year after the next at the latest!"

HSBC also raised a question, "May I ask Mr. Cai, can Facebook maintain its leading position in social platforms? For competitors, such as Sina Blog, Sohu Blog and even QQ, does Facebook have any long-term internal competition plans? "

Cai Congxin's face became a little more serious, and he replied cautiously: "We respect and value every competitor, but at the same time, Facebook also has absolute confidence. It is no exaggeration to say that social platforms, our Facebook Facebook is the first, the best, and the largest. From the first day of launch, whether it is function or content, our Facebook has always been the leading trend, has been imitated, and has never been surpassed! "

Applause erupted in the meeting room. No matter which investor, he hopes to see the company he will invest in be so aggressive and confident.

When there are no problems on both sides, the final bidding process will start. The process is very simple. 1000 million additional shares will be issued directly on the spot, and the highest price will win.

As mentioned earlier, Yu Wenfei's goal is to introduce Wall Street capital, that is, Citibank. Isn't he afraid of being cut off by HSBC?

Obviously, he knew it in his heart.

In this bidding, HSBC will definitely not be able to compete with Citigroup, because HSBC's base camp is in Europe, while Citigroup is in the United States.

Facebook is going to be listed on the NASDAQ in the United States, which happens to be the headquarters of Citigroup. No matter in terms of operation or customer resources, HSBC is no match for Citigroup.

Therefore, on the same basis, Citigroup has the confidence to quote a higher price, because they are sure to help Facebook raise its stock price.

What's more, Laomei's capital has a farther view and more confidence in Internet companies than people from other countries, so they are willing to spend a lot of money.

Of course, Masayoshi Son of Softbank Capital is an exception. Although he is not Laomei, he has more money than Laomei.But if you really want to get to the bottom of it, Sun Zhengyi also returned from studying in the United States.

Sure enough, after HSBC quoted a price of 1000 million US dollars for the 5000 million additional shares, Byrne of Citibank immediately spit out a number expressionlessly, "[-] million"!
A hammer!
HSBC was all dumbfounded, because this figure exceeded their expectations by a lot!

For the valuation of Facebook itself, HSBC gave a valuation of 60 billion US dollars, plus the listing underwriter qualification of "bundled sales", and can add up to 5000 million. Therefore, before coming, These are the upper limits of quotations prepared by HSBC.

Corresponding to the 1000 million additional shares given by Facebook, it can be quoted at most 5000 million.

And Citibank directly exceeded [-] million, how can this be played!
The representative of HSBC Bank shook his head, sighed, and simply gave up. He stood up, smiled and said to Byrne: "Congratulations! But I'm really curious, are you really so optimistic about Facebook?"

Bourne also responded with a smile: "Of course!"

In his heart, Bourne looked down on the people of HSBC, the British guy was really down and out, and he was so picky and searchy in his shots.

…………

When the dust settled, Facebook made a new round of financing, and Yu Wenfei personally transferred 900 million shares to [-]% of the shares of Shanghai Pudong Development Bank, successfully becoming the second shareholder of Shanghai Pudong Development Bank.

The company issued 1000 million additional shares, introduced a new shareholder, Citibank, and received 5000 million US dollars in cash, making preparations for the launch of Facebook videos and Facebook music.

Up to now, Facebook's shareholding structure has changed again, and the company's total share capital is 1000 million shares.

Yuwenfei is still the largest shareholder, holding 6000 million shares.

Modu International Trust and Investment Company is the second largest shareholder, holding 900 million shares.

Citibank became the third largest shareholder, holding 1000 million shares.

Softbank Capital retreated to fourth place, holding 900 million shares.

Cai Congxin and Jiaotong University Venture Capital tied for fifth place, each with 100 million shares.

In addition, an employee policy of [-] shares is reserved, waiting for the company to be distributed to key employees before the company goes public, so that the company's employees can also enjoy the fruits of the company's development.

…………

After the news was announced, everyone was shocked again.

Those who know the details, naturally understand why Citibank spent so much money to grab 1000 million shares, but in the eyes of most people who don't know, this means that Facebook's valuation has reached 80 billion US dollars!

This valuation is more than twice that of Sina, which currently has the highest market value in China, which is a bit outrageous!
"How rich is Yu Wenfei?"

This question quickly became popular on the Internet and became a topic that every netizen talked about.

"Mr. Fei has 6000 million shares in Facebook, right? 1000 million shares are worth 5000 million U.S. dollars. Then Mr. Fei's worth is easy to calculate, 45 billion U.S. dollars, which is more than 380 billion... My God , After calculating it, I realized how amazing this number is."

"Impossible, the wealth of the richest man in the country last year was 60 billion yuan? Yu Wenfei built such a website, and he can be worth tens of billions? This is a bit too exaggerated."

"I also don't feel right. Although Facebook is very powerful, I don't think it's worth so much money."

"This year's richest man should be President Chen of Shanda. It is said that his net worth exceeds tens of billions. Can Yu Wenfei top this year's Forbes China Rich List?"

Whether Yu Wenfei can reach the top of the Forbes China Rich List in 2003, many experts on the Internet have also given interpretations.

(End of this chapter)