giants of the era

Chapter 258 The Largest Bank on Earth
Galaxy Networks is developing very fast now, and has many R&D projects, many of which are medium- and long-term strategic projects with large investments and no short-term returns.At present, the company's employees have exceeded 1, which must have reached a large scale, and it is time to go public for financing.

As a network equipment manufacturer, Galaxy Networks can only be trusted by partners and consumers if it is listed, transparent, and subject to supervision, and it will also reassure the U.S. government. After all, the boss behind this company is a Chinese.

Li Zetian chatted with Tian Shuai and Zhang Hao for a long time, and finally talked about the issue of the company's listing again.

The company's financial annual report performed well and was popular among Wall Street investors. In addition, the US National Science Foundation (NSF) announced the establishment of the NSFNET network. The timing of the listing of Galaxy Networks is very good.

"Tian Shuai, the company needs to find a lead underwriter to go public... Chase Bank of the Rockefeller Foundation, Bank of America of the California Consortium, HSBC Bank of Europe, and..." Li Zetian thought for a while and said, "Leave a lead underwriter at last. I'm going to buy a bank and have it do it."

Lead Underwriter (Lead Underwriter) refers to the securities business institution that exclusively underwrites or takes the lead in organizing an underwriting group for distribution in stock issuance.The lead underwriter is the most important intermediary agency hired by the stock issuer.It is not only the lead underwriter for stock issuance, but also the issuer's financial advisor, and often also the issuer's listing recommender.When a company decides to issue shares, there will often be several, a dozen or even dozens of securities institutions vying to be the lead underwriter, and the competition is fierce.

The Rockefeller consortium and the California consortium are now Li Zetian's allies, and this is naturally done to win them over and give them a little sweetness.At the same time, let other people know the benefits of forming an alliance with Li Zetian.

There are still so many companies under Li Zetian’s name, and there will be more companies in the future. If all of them are split and listed, it’s not a bragging, and there will be no problem in ringing the bell on Nasdaq for a year.

If Yinhe Network is to go public, it will definitely be very successful. As the lead underwriter, it will definitely make a lot of money, fame and fortune.

"Okay, Mr. Li, I understand." Tian Shuai nodded in response.

"Okay, that's all for today!" Li Zetian said, stood up from his seat, and said goodbye to them.

……

On the way back home, Li Zetian turned to look at Dongfang Yuqin and asked, "Have you investigated all the information on Wells Fargo Bank?"

"Mr. Li, don't worry, the information is very detailed, and the acquisition team is on standby. If you want to acquire Wells Fargo Bank now, they can act immediately!"

Li Zetian nodded, and said lightly: "In this case, then initiate an acquisition with Wells Fargo Bank immediately!"

"Yes!" Dongfang Yuqin replied, then took out the brick cell phone from the bag, dialed a phone number, and explained a few words to the person on the other end of the phone.

Li Zetian slightly closed his eyes, tilted his head back, and leaned against the back of the car seat.

In fact, his understanding of Wells Fargo Bank is far better than that of Dongfang Yuqin and others.This bank was the bank with the highest market value in the previous life. Since its establishment in 1852, it has never lost money, and it has become the strongest in the end, which is simply jaw-dropping. In the 1983 years from 1998 to 15, the income was 3.99 times that of the large-cap stock index in the same period, 1.5 times that of Intel Corporation, 3 times that of General Electric, and 4.5 times that of Coca-Cola.During this period, the financial industry was far less prosperous than high-tech stocks, automobiles and electrical appliances, so the performance of Wells Fargo Bank in the United States was surprising!
At this time, Wells Fargo Bank was in the early stages of its rise, and the scale of the bank was not very large, with a market value of less than US$10 billion. The acquisition of such a company as Li Zetian would not be too difficult.If he were to acquire big banks like Citibank and JPMorgan, even if Li Zetian had enough funds, as a Chinese, it would be difficult for him to acquire them successfully.

In addition, Li Zetian's acquisition of Wells Fargo Bank can also reduce the vigilance of major consortiums.

Therefore, it is the most appropriate approach to acquire a bank with excellent potential and then grow it to greatness.

The next day, the news that Yinhe Network Company was going to go public got out, causing a sensation in the industry, and the media's attention was also attracted by this matter.

At this time, the acquisition team sent by Li Zetian had quietly contacted the shareholders of Wells Fargo Bank to discuss the acquisition in secret, so as to prevent the acquisition from being disrupted by some malicious people.

……

Time passed day by day. On January 1, Nintendo held a product launch event. Li Zetian watched the launch event live through satellite TV at home.

Sure enough, Nintendo released a home game console, the name has not changed, it is still called Famicom (FC) as in the previous life!
Before Li Zetian could speak, Yu Jingqiu couldn't help but said in surprise: "The game console released by Nintendo is so similar to the Flamingo-1 game console. Could it be that Nintendo copied the Flamingo-1 game console?!"

Li Zetian smiled and said, "Nintendo doesn't do plagiarism once or twice. When Atari game consoles dominated the world, Nintendo also copied many game works. However, this machine is better than the Flamingo The -1 game console was developed several years ago, so the performance of the game console is much better than that of the Flamingo-1."

At the press conference, Hiroshi Yamauchi, president of Nintendo, looked full of air and confidence.

"The FC game console is currently the game console with the best performance! Yes, it is even more powerful than the Flamingo-1 game console! Game developers can develop even better games on the FC platform. Everyone knows this week, good The game will attract players! If a third-party game developer wants to sell game software, choosing the FC platform is definitely your best choice!"

Li Zetian couldn't help but shook his head and smiled, Nintendo blatantly poached a corner at the press conference.

Dongfang Yuqin said in a low voice at this time: "Mr. Li, do you want to give a warning to third-party game developers and stop them from developing games for Nintendo?"

"Based on the principles of fair, just and open competition..."

Li Zetian paused and said with a smile, "Go and ask Flamingo to warn these third-party game development companies!"

Yu Jingqiu smiled "puchi" and said, "I really thought you had changed your mind, and you weren't going to suppress Nintendo."

"Hehe, how is this possible!"

Li Zetian smiled and continued to watch the live TV broadcast. Nintendo also released 6 self-contained games this time, and it feels pretty good.However, RB's top game design talents were either recruited by Flamingo or in a third-party game development company.In this life, Li Zetian plagiarized Nintendo's best-selling product Game-Watch, causing Nintendo to be stunted, and its capital and talent reserves are far inferior to those in the previous life, so there can no longer be classics like "Super Mario".

Although the game performance of FC is stronger than that of Flamingo-1, it is not much stronger.There are so many fun games on the Flamingo-1 game console platform, it is impossible for FC to beat the Flamingo-1, the Flamingo company eats meat, and Nintendo can at most drink some soup.

However, this soup may not last long.

No matter FC or Flamingo-1 game console, they are all 8-bit game consoles in the final analysis.

However, Flamingo Company has been developing the second-generation Flamingo game console for a long time, planning to adopt a 16-bit Intel 8086 processor and use CD discs as game storage media...

Once such an innovative and high-performance game console is released, it will definitely shock all players and game developers.There is no doubt that FC will be left far behind by the second-generation Flamingo game console.At that time, Nintendo will definitely regret spending huge sums of money to develop FC game consoles.

Seeing Li Zetian's relaxed face, Yu Jingqiu couldn't help asking, "Aren't you worried that Nintendo will steal the market share of Flamingo?"

"Nintendo is not qualified yet, Flamingo's opponent is someone else!" Li Zetian said lightly.

Yu Jingqiu and Dongfang Yuqin couldn't help feeling puzzled when they heard what Li Zetian said.

"Which company are you referring to?" Yu Jingqiu asked curiously.

Li Zetian slowly spit out two words: "Sony!"

After a pause, he then explained: "Sony is very powerful. If it wants to enter the home game console industry, it will be a strong enemy of Flamingo!"

……

……

The Nintendo of this life has been crippled by Li Zetian, so Li Zetian didn't take it seriously.On the second day of the Nintendo product launch event, Li Zetian finally completed the wholly-owned acquisition of Wells Fargo Bank, with a total purchase price of US$12.5 billion!
On the day the acquisition was completed, the news spread, and people couldn't help being shocked!At the same time, it also made many people wonder why Li Zetian wanted to acquire a small and medium-sized bank?

Anyway, Wells Fargo became famous all at once!
Out of people's trust in Li Zetian, many people subsequently became users of Wells Fargo Bank.

In order to show importance to Wells Fargo and appease the bank's employees, Li Zetian made a special trip to the headquarters of Wells Fargo in New York.Here, he met with the company's middle and high-level executives, and announced that he would not actively interfere with the bank's development, and that the original management team would still be in charge of the company's management. Wells Fargo's corporate culture and business management remained the same!In addition, he also said that $20 billion from the umbrella company was deposited in Wells Fargo.

In fact, this is equivalent to giving Wells Fargo an additional US$20 billion in development funds, allowing it to grow rapidly!
The good news brought by Li Zetian is not only these, he also decided to cooperate with the company under his name and Wells Fargo Bank. salary!
Li Zetian's series of decisions made the whole Wells Fargo Bank jubilant, and everyone shouted his name.

"Chronos Li!!!"

"Chronos Li!!!"

"..."

Li Zetian smiled slightly and said loudly: "Let us work together to develop Wells Fargo into the largest bank on earth!!!!"

(End of this chapter)