Chapter 789

This time, they plan to raise the issue price directly to $150.

In fact, the price can be higher, but everyone finally decided to leave some room for growth. Otherwise, the price is set too high, and the investors who subscribe will not have much room for profit, and everyone's enthusiasm will fade.

If calculated according to the issue price of 150 US dollars, the market value of Facebook will reach 220 billion US dollars!

This valuation, in terms of the global Internet industry, is nothing.

But in the domestic Internet industry, it is the absolute overlord. Basically, the rest of the Internet companies that have been listed may not have a market value as high as Facebook.

From the above market value, it can also be clearly reflected that Facebook's current status in the domestic Internet industry!
Yuwenfei holds 6000 million original shares. After listing, the value of these shares will reach 90 billion US dollars.

And Facebook is just a company controlled by Yu Wenfei. If the other companies he controls are going to go public, their valuation may not be lower than Facebook.

Just like Facebook Games, Star Technology Holdings, etc. Therefore, it is not an exaggeration to say that his net worth is as high as tens of billions of dollars.

Of course, market capitalization is market capitalization, and stocks are stocks. It does not mean that Yu Wenfei has so much cash in his hand that he can spend it casually.

However, this is not a problem for Yu Wenfei. Although he is a major shareholder, after the company goes public, the equity will be locked, and there is a limit for how long it is not allowed to cash out.

But this is flexible, and the easiest way is to pledge equity!
Yu Wenfei can pledge the 6000 million Facebook shares in his hands to a bank, and the bank will lend him money, and he can use the money he gets at will.

Of course, all the shares with a market value of 90 billion US dollars will not be pledged, and it is impossible for the bank to lend him all loans based on the market value, and they will all be discounted.

For example, pledging shares with a market value of 20 billion US dollars can only get a loan of [-] billion. If the bank is optimistic about the development of Facebook, the loan amount may be a little more.

This time, Yu Wenfei planned to pledge part of his own shares after Facebook went public to obtain cash for investment, with the capital of the shareholder Hangzhu Company.

At that time, one or two billion U.S. dollars will be invested in Mingzhu Company, and the controlling stake will be obtained directly.

…………

On February 2004, 2, Citibank officially submitted the supplementary prospectus on behalf of Facebook, revising the issue price of the stock to $15.

This price is the official listing price of Facebook.

On the day of NO.17, Yu Wenfei also flew to New York, because Facebook was about to go public, and he, the controlling shareholder and chairman of the board of directors, of course had to show his face and ring the bell.

After arriving in New York, I had a meeting with Cai Congxin and the others. The hotel they stayed in was the Century Hotel on the Upper East Side, a very good five-star hotel.

The next day, NO.18, at five o'clock in the morning, everyone got up, everyone dressed up, today is a big day!

Many people, perhaps in this lifetime, have such a chance to ring the bell in the NASDAQ stock market.

Of course, some people may still have many opportunities, such as Yu Wenfei...

On such a big day, of course you have to dress up to attend.

Yu Wenfei also put on a Savile Row haute couture "Super [-]" navy blue fabric suit today, with ruby ​​cuff buttons and collar buttons, and a bright red silk tie.

Today is a big day, so of course you have to dress festively.

On the wrist is a Patek Philippe 5002P platinum watch!

This watch was seen by Hu Jingjing when she went to Hong Kong Christie’s Autumn Auction last year to help him shoot cigars. She knew that Yu Wenfei also liked good watches, so she called Yu Wenfei on the spot to ask about it.

As a result, Yu Wenfei directly told her to take a picture!

His outfit today is worth more than 2500 million RMB!

Because this watch alone is worth 2500 million yuan, in comparison, high-end suits worth tens of thousands of pounds are inconspicuous.

After a simple breakfast, everyone took the luxury bus provided by the hotel to the Condé Nast Building in Times Square, which is the trading center of Nasdaq.

The opening trading time of Nasdaq is 09:30 in the morning, which is 09:30 in the evening of domestic time.

The reason why Yu Wenfei and the others came so early was because Facebook was going public today and a bell-ringing ceremony was going to be held.

Before ringing the bell, the staff of the securities market will also train everyone on the process and precautions of the bell ringing ceremony.

Today, not only Yu Wenfei and the others are busy in New York, but also inside the domestic Facebook company.

The entire No. [-] building, and even the Star Science and Technology Park, are decorated with lights and festoons everywhere, beaming with joy.

Just kidding, as long as the company is successfully listed, most of the [-] to [-] Facebook employees who received equity incentives will become millionaires immediately, and a small part will even become multi-millionaires in no time. .

The company got off work at six o'clock, but no one came home from get off work. Everyone gathered in the company and waited for the moment to ring the bell.

Under the influence of the atmosphere, even those employees who did not receive equity incentives were very excited.

The reason why the company's listing is so exciting is that as long as you hold the original shares in your hands, the original poor boy can become a multi-millionaire overnight.

The listing of countless companies has become a myth of wealth creation. This time Facebook is listed, and I don’t know how many millionaires, tens of millions, or even billionaires will be born.

Lao Wang, the director of the operation department, had a smile on his face, because he is an old employee of Yitang.com, one of the first batch of Facebook employees, and a key employee of the company. This time he was allocated a total of [-] shares.

Now Facebook's listing price is 150 US dollars, and the value of these 75 shares has reached [-] US dollars, which is proper... half a multi-millionaire.

He graduated from college and has worked for more than ten years, but all the money he has earned over the years is far less than the value of this stock.

Being overjoyed, he turned his head and saw his subordinate, Xiao Zhang, walking over with a box lunch, smiling happily.

"Hey, you've developed a lot this time, kid." Old Wang said with a smile.

Xiao Zhang, as the technical backbone of the company, was also allocated a full thousand original shares. This kid has only graduated for a year, and he has become a millionaire.

It's really lucky, Lao Wang is a little envious.

"Hey, isn't this the leader who supported you?" Xiao Zhang flattered.

……

The time came to eight o'clock in the morning and eight o'clock in the evening domestic time.

Outside the Condé Nast Building, a lot of media reporters had already gathered. The listing of Facebook did not happen quietly, but caused a sensation in the domestic financial and IT circles.

4000 million shares, expected to raise funds to reach 60 billion US dollars!

This is the largest IPO in the history of China's Internet industry, so all the media related to the domestic IT industry were dispatched, and even the domestic financial media also sent many reporters.

In the hall on the first floor, rows of "long guns and short guns" were set up, hundreds of reporters crowded together, and the scene was full of noise.

Ringing the bell at Nasdaq does not really mean "ringing the bell", but several bell ringing representatives press the button at the same time, and the stock market officially opens, which is considered to be the completion of the bell ringing procedure.

This time, Facebook’s bell ringing representatives included company shareholder representatives: Yu Wenfei, Cai Congxin, employee representative Lu Qi, and management representatives Xue Chunlai, Director Wang, etc.

"It's an honor to celebrate the Facebook IPO with all of you, share the joy and send my congratulations on this day."

"This day is a great milestone, and I am very happy to see Facebook's business flourishing, making new breakthroughs, and bringing great returns to all investors!"

Nasdaq CEO Adena Friedman sent congratulations.

Cai Congxin made a speech on behalf of Facebook. Yu Wenfei was not interested in this matter, but just stood below smiling and watched Cai Congxin speak on stage.

"The smooth listing of Facebook is inseparable from the hard work of every employee and the support of every website user. Of course, it is also inseparable from the wise leadership of our Feizong! The listing of Facebook is just the beginning, and in the future In the days to come, I hope that all of us will continue to work hand in hand under the leadership of Mr. Fei to create greater glories!"

Standing on the stage, Cai Congxin was a little excited, and his palms were slightly sweaty.

After so many years of hard work, isn't it just for this day!

Besides, today I am not a supporting role, but a protagonist, standing on the stage to speak.

This is an honor, but also a responsibility.

Mr. Fei has tied himself firmly to his "chariot", making it impossible for him to get out of the chariot again.

Of course, I don't want to jump off the "express train" of Mr. Fei. With such a ride, why do I want to get off? I don't know how many people want to come up but have no chance.

At the same time, beside Yu Wenfei in the audience, Hu Jingjing was also trembling slightly with excitement.

She took [-] shares of stock!

Now that the stock is priced at US$150, wouldn't the shares in my hand be worth US$150 million?

Is my wife going to be a multi-millionaire?
Although she now lives in a big villa worth hundreds of millions and drives a supercar worth millions, she already looks like a super rich woman in the eyes of outsiders.

However, those are all given by Mr. Fei. I always feel that those things do not belong to me, and I may lose them at any time.

But the shares are different. These shares are for the company to commend its outstanding performance in the past two years!
This is earned by my own ability!

Hu Jingjing feels that she can brag when she goes out in the future. Relying on her own efforts, she started to work part-time when she was in college. She worked day and night for almost two years, and finally became a multi-millionaire with her own skills!
Just ask if you are inspired or not?

I should be able to become one of the outstanding alumni of East China Normal University, and I will receive invitations when there are school celebrations in the future, haha...

Thinking of this, Hu Jingjing almost laughed out loud.

…………

At 09:30, when the countdown reached "0", several representatives of Facebook ringing the bell pressed the button together, and the stock market officially opened!
Wealth making machine, open!
(End of this chapter)

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