Reborn Millennial Gamer

Chapter 454 What's wrong with the richest man!

Chapter 454 What's wrong with the richest man! (4K)

11.111998 billion, this string of numbers is not made up, the founders such as Lu Huateng and Zeng Liqing can understand at a glance——

1998 11 Month 11 Day.

It's time for Penguin Creation!
Don’t look casual, but American Internet companies are more casual. When Google went public, it raised $27.18281828 billion, which was taken from the top ten of the irrational number e.

Pretty punk!

Lu Fei's proposal, not surprisingly, was approved by the partners collectively. Once it was announced, Wall Street was in an uproar, especially Goldman Sachs, who served as the sponsor.

"Lu, you can't do this when the road show is about to happen. Investors will re-examine Penguin, and it is likely to severely hit the IPO when it goes public!"

David Solomon didn't care about the account of betting against gold futures, his dignified face was extremely gloomy, because it harmed his interests.

"We have a saying in China called 'Do as the Romans do when you're in the country'. We just integrated into the punk culture of Silicon Valley."

Lu Fei smiled.

"You have to think clearly, if the IPO is raised at 11.111998 billion, the IPO will not be the original 58 dollars."

David Solomon made alarmist speeches, citing a bunch of previous convictions in Chinese concept stocks. The US capital market is quite pessimistic. Penguin may break and dive as soon as it goes public.

"Ah, when you said that, I remembered again."

Lu Fei snapped his fingers, "Since we have integrated into Silicon Valley culture, we must integrate to the end. Like Google, Penguin's pricing also abandons investment bank inquiries and engages in Dutch-style auctions."

"Whoa!!"

David Solomon's expression changed. Pricing power is an investment bank's killer move to scrape the oil and water of listed companies. The cheaper the pricing, the greater the profit margin of the underwritten stocks. At that time, selling can make a lot of money.

As for the Dutch auction method, for example, Google issued 100 shares, and then A quoted a price of $90 and asked to buy 80 shares, and B quoted a price of $80 and also asked to buy 80 shares. B gets the remaining 80 shares.

The final settlement price is the price at which all stocks are sold, which is $88.

"Are there any questions? It's useless to have questions. The news has already been published in the New York Times."

Lu Fei smiled and stirred the coffee.

Fake!

David Solomon suppressed his anger: "Lu, Goldman Sachs is your sponsor, we must have the full right to know, I hope this is the first and last time, don't you know, Penguin is very awkward in positioning , I made a lot of effort to convince my client to accept the issue price of $58."

"Google's offering price is $85."

Lu Fei took a shallow sip of coffee.

"But Baidu is $27!"

David Solomon frowned, "The reason why Penguin is priced at US$58 is because everyone is very optimistic about the business model of search, and it is likely that the stock will reach US$58 in a year's time."

"I think Goldman Sachs is too cautious. Maybe the numbers will be adjusted, and 85 dollars may not be."

Lu Fei pursed his lips, becoming more and more unhappy with this condescending tone and indifference, and said something strangely.

"85 dollars? Lu, do you want us to make a bet?"

The office fell silent in an instant, David Solomon smiled coldly, impossible, absolutely impossible!
"What kind of bet, what's the bet?"

Lu Fei looked at him with interest.

"Just bet on pricing power."

David Solomon is straightforward. Anyway, once a listed company insists on withdrawing its pricing power, the sponsor has no choice but to engage in a little "small trick" and connect several investment banks to suppress it.

Rounding off, there is no loss at all!
"Okay, anyway, the answer will be revealed tomorrow."

Lu Fei stood up, confidently said: "But we have to make a written statement!"

"Oh, of course."

David Solomon grinned, and simply drafted two agreements. After the two parties confirmed that they were correct, they signed each other's names.

Watching Lu Fei's back disappear, the corners of his mouth slightly raised, what is the concept of 85 dollars.The increase was a full 400%. He couldn't think of any reason why it could rise so high. He didn't think it was him, did he?
Huaxia's Buffett is only Huaxia, not genuine.

It could be done, I ate the computer on the spot!
…………

The next day, March 8.

In the early stage of listing, Penguin’s roadshow has many meetings every day, one meeting before breakfast, one meeting after breakfast, three meetings in the morning, one lunch meeting at noon, three meetings in the afternoon, one dinner meeting in the evening, and 3 meetings a day.

And these meetings, instead of sitting in a conference room and calling investors one after another, they have to go to the offices of investors one by one and tell them that Penguin is a good company, and don’t regret not buying Penguin’s stock.

Lu Huateng, Zeng Liqing, and the others split into groups, and Lu Fei stayed in Nasdaq's small war room. He saw Li Yanhong fidgeting, pacing back and forth, showing a depressed and nervous mood.

"Don't be nervous, will you smoke one?"

Lu Fei took the cigar tongs, cut off the two ends of the cigar, and distributed them to the Baidu Seven Swordsmen present.

"Thank you, Mr. Lu."

Li Yanhong took one, put it in his mouth and took it out again, "I'd better wait until the bidding is over before drawing."

"Whoo~"

Lu Fei struck a match, lit cigars for himself and David Solomon, and glanced at the computer screen from the corner of his eye.

"Lu, our bet can be recovered before the market opens."

David Solomon has nothing to worry about. No matter whether he loses the bet or wins the bet, Goldman Sachs will win, and he has no burden in his heart.

"What bet?"

Li Yanhong looked left and right, and learned that when Master Lu opened his mouth, he concluded that the stock price could break through $85. Before David Solomon could deny it, he shook his head and denied it confidently.

"I can have a 20% to 30% increase at the beginning of the market, and another 20% or 30% increase every year, I am very satisfied."

Seeing David Solomon puffing out his cigarette easily, Lu Fei rolled his eyes with provocation in his eyes: "If history teaches us anything, it's that anything is possible."

"Weird talk, so mysterious!"

David Solomon whispered in German to the people next to him.

"David, what are you talking about?"

Lu Fei raised his eyebrows amidst the smog.

"Oh, I said Lu, you are very kind."

David Solomon couldn't help being pleased.

"Out!"

At this moment, Li Yanhong heard someone yelling, and rushed to the front with excitement, and the first payment appeared on the screen——

$27.

"Ooh!"

Li Yanhong suddenly let out an abnormal exclamation, "Why hasn't the order been sold for thirty dollars? 31, 32..."

Most people buzzed over to look at it.

"Damn it, it seems the issue price has been set low!"

From time to time, Baidu's senior executives erupted foreign curses, and they couldn't believe that it was likely to double, and it had already broken through to $45.

"Fifty, already 53 dollars!"

Baidu has two sponsoring investment banks, one is Goldman Sachs and the other is a Swedish company. The latter has been reporting the number non-stop. When the registration reached 55 dollars, everyone turned their heads at the same time and looked at Lu Fei.

He grinned and gestured upwards with his cigar-holding hand, implying that the IPO would have to go up. At the same time, he raised his eyes at David Solomon.

No reason, it's not right!

David Solomon was still calm, whispering to his subordinates, with more or less doubts on their faces, obviously touching the blind spot of their own knowledge.

"59, sixty!"

In just a few minutes, the stock price reached an unimaginably high level. The senior executives of Baidu stared blankly, their hearts beating in their throats, "There is no sale yet! Zero trading volume! Everyone in this room will become tens of thousands of people. Millionaire!"

"If the stock price is [-], then my current personal assets..."

Li Yanhong owns 22% of the shares. She did a mental calculation in her heart, her hands trembling, and she sat down on a chair. Eight or nine hundred million, what a fucking dollar!

"Mr. Li, are you okay?"

Lu Fei squinted his eyes while smoking a cigar.

"Huh, huh, I'm fine, Mr. Lu, I'm fine."

Li Yanhong kept taking deep breaths, "It just feels unreal. It's completely beyond my perception. It's too dreamy." Not only was his expression unhappy, but he panicked, "Mr. Lu, can you give me some fire, thank you."

"Wow~"

Lu Fei set him on fire with his own hands.

After all, as soon as Baidu went public, his net worth on the books soared by at least US$4 million. No matter how low-key or how to hide it, he will not be able to wear the hat of the richest man, just like a firefly in the dark.

"Ow, ooh!"

"Oh, oh, oh, oh!"

Suddenly, overwhelming applause and cheers erupted from behind, and everyone roared like a beast, papers, cups, and everything they could grab with their hands.

"Mr. Li, Mr. Li, we succeeded!"

The high-level executives of Baidu rushed to Li Yanhong and Lu Fei in a swarm, and excitedly hooked up with them, "66 dollars! This is our exclusive moment for Baidu! Exclusive moment!"

"There shouldn't be such a high price! It shouldn't be!"

David Solomon's joy was gone, his eyes were wide open, his eyes were not fixed on the screen, but fixed on Lu Fei.

Lost again?Why do you say "again"?
The exciting moment ended when the selling price appeared at "71 US dollars". The 10-minute call auction was short but also long. Under the tug-of-war between buyers and sellers, the opening price was finally set at 69 US dollars.

At this moment, the increase has exceeded 150%!

"Time to go out and ring the bell."

Lu Fei crushed the cigar into the ashtray, deliberately walked past David Solomon, and blinked his right eye playfully.

…………

At the close of trading in the afternoon, the news of Baidu’s listing has caused a sensation on Wall Street. The stock price unexpectedly jumped 27% from US$354 to a high of US$95.58.

It is not only the record for the highest increase of all American listed companies on the day of listing in this century, but also the highest percentage increase of foreign companies on the day of listing in the capital market for more than 200 years.

Accidentally, he actually made history!
The news quickly crossed the ocean and spread to China, and the media naturally wrote a lot of special stories. The headlines of the financial section of newspapers, TV stations and radio stations all rushed to spread the news, but the common people didn't care at all, and what they cared more about was——

"Overnight, 200 millionaires were born!"

"The Internet: The Greatest Wealth-Building Movement of the 21st Century."

"Baidu went public! Lu Fei successfully surpassed Chen Tianqiao and became the number one richest man in Mainland China."

"

"..."

Liu Qing flipped through one newspaper after another, and when he saw numerous reports praising Lu Fei and Li Yanhong, his expression was subtle.

Behind him, Liu Chuanzhi sat on the sickbed and asked:
"Qingqing, what's the big news, I've been watching it for so long?"

"Oh, Dad, it's nothing."

Liu Qing secretly pulled out all the newspapers that involved Lu Fei, lied that they were celebrity gossip without nutrition, folded them into one piece, and threw them aside with a guilty conscience.

Liu Chuanzhi put on his glasses and read carefully.

The haggard and morbid complexion is rare to recover after many days of recuperation and cultivation. His eyes are bright. After watching for a while, his pupils suddenly dilate. He presses his heart and takes a deep breath.

"dad?"

Seeing the newspaper falling from his hand, Liu Qing couldn't help but panic.

"Ho ho, Qingqing, pour dad a glass of water."

Liu Chuanzhi's face was twisted into a ball, hideous and terrifying, he kept panting, his chest heaved up and down.

"Dad, why do you..."

Liu Qing couldn't help but feel depressed. From the corner of his eyes, he noticed that there was a live photo of Li Yanhong ringing the bell on the newspaper page. The ribbons were fluttering, festive, and all the faces were full of smiles. Among the crowd, Mr. Lu at position C was particularly conspicuous, wearing a The hat is smiling and clapping.

More conspicuous is the title——

"Lu Fei achieves Baidu, China's stock god is happy to add the title of "richest man""!
"Why is it always him!"

Lu Yun stared at the news on the webpage with envy and jealousy in his eyes, and couldn't help but feel sour in his heart. Finally, he couldn't bear the sourness. He clicked the mouse to close it, out of sight and out of mind.

Damn, the poor die of poverty, the rich are filthy!

The money raised from Softbank is no longer enough to support Double Eleven, so new money must be found anyway.

While thinking, staring at the mailbox, the email sent to Yahoo President Jerry Yang fell into the sea, and there was no reply for more than 6 months.

"Boom, boom, boom."

The knock on the door interrupted his thoughts. Just as he said "Come in", Cai Chongxin pushed the door and entered, his footsteps hurried and flustered.

"What does Masayoshi Son say!"

Lu Yun suddenly stood up.

Cai Chongxin said, "Yahoo's executives are indeed very dissatisfied with Zhou Hongyi, and Yang Zhiyuan also plans to change the coach, but because of Yahoo Huaxia's failures one after another, they have given up on their own internally and want to find the right person to represent them."

"How to act as an agent?!"

Lu Yun's heart was burning.

Cai Chongxin pursed his lips: "Sun Zhengyi said that Jerry Yang will convert all the assets of Yahoo Huaxia into shares, and then spend 6.5 million US dollars to invest in the agent."

Lu Yun's eyes lit up immediately, and he asked eagerly, "Did Sun Zhengyi say who are the candidates?"

Cai Chongxin wondered: "This, this..."

"It's not him again, is it?"

Lu Yun's heart skipped a beat. At this time, a QQ pop-up window popped up in the lower right corner of the computer, and Penguin News clearly wrote:

"Baidu, known as 'China's Google' and 'Google's Shadow', set a record on the first day of Nasdaq stock trading, and continues to make great strides, and is expected to break through the $100 mark.

Paul, an investment bank analyst, said that I am very supportive of Li and Baidu. The price I gave them is the highest, but their price is too high. There may be only one reason——

Hua Xialu invested in this company, and he won a big victory in the gold futures market, causing countless investors to blindly follow suit..."

A similar report also appeared in front of David Solomon. He tapped his fingers on the table with his left hand, holding the note of betting with Lu Fei in his right hand, and fell silent for a while.

"David, once or twice may be luck, but every time, it's not that simple. The plan to short gold for the second time is postponed, and Huaxia Lu must be thoroughly investigated."

John Waldron said: "I learned a saying in Huaxia, 'Know yourself and the enemy, and you can win a hundred battles'."

"you're right."

David Solomon touched his chin, pressed a series of numbers on the landline, and opened his mouth at the moment of dialing:

"George, I need you..."

 Sunny, uncomfortable group!
  
 
(End of this chapter)

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