America's Road to Wealth

Since the game between the New York Giants and the New England Patriots in Boston.

On the surface, New York is as prosperous and stable as ever.

In the dark, there is a terrible wave, which is already churning and surging.

The torrent of time possesses great power, but it doesn't care about the dust and turbulence of these mundane things. It flows forward as always.

June 2002, 6 arrived.

This day happens to be the first week after the release of Pixar's latest animated film, The Incredibles.

It is also the first work released by Pixar after becoming a subsidiary of Smith Media.

"The Incredibles" grossed $1 million in its first week of release.

Compared with Pixar's previous works, "The Incredibles" can be described as an anomaly.

First of all, the protagonists of previous Pixar movies are non-human, such as toys, insects, monsters and small fish.

The heroes of The Incredibles are humans.

More importantly, unlike Pixar's previous films, "The Incredibles" is not only aimed at children, but also adults.

Some experts explained that this is also Pixar's helpless move.

Because after becoming a subsidiary of Smith Media, it can no longer continue to shoot its famous IPs, such as "Toy Story" and the like.

Those IPs are the works of the former Pixar and Disney cooperation, and the two parties shared the copyright.

Pixar is now a subsidiary of Smith Media.

Disney didn't allow it, and Pixar couldn't shoot them.

For this reason, Pixar can only create new IPs and new profitable series of animated films for the new boss.

The Incredibles is that genre, and it seems to be very successful so far.

This animated film has already created a sensation in the film market, word of mouth is rapidly fermenting, and the tide of movie viewing is being staged across the United States.

Hasbro toy company has become one of the most direct beneficiaries of this movie.

This is the largest toy company in the United States and even in the world.

It has been acquired by Smith Media at the beginning of this year at a price of about 20 billion US dollars.

For this reason, Harvey Weinstein, known as the "Smith Hound" in Hollywood, has been busy for more than half a year.

After becoming a subsidiary of Smith Media, a series of IPs belonging to Smith Media appeared in Hasbro's specialty store.

Like Marvel series, Dark Horse series and so on.

And the box office explosion of "The Incredibles" made the customer flow of Hasbro's specialty stores higher and higher day by day, and the huge enthusiasm of the Americans was indirectly converted into an increase in revenue.

The revenue of these subsidiaries is converted into an increase in the stock price of Smith Media, which is about to go public.

The time has come for Smith Media to go public.

This day is Monday.

Today is Smith Media, holding the last press conference before going public.

The IPO price of Smith Media will be officially determined, and it will be listed on the New York Stock Exchange tomorrow to officially start trading.

On this day, before the start of the press conference.

Has made his name in Hollywood.

It is called "Hollywood's sweetheart chocolate" by the American media.

Or, bolder, just Jessica Alba of "Smith's Sweetheart Chocolate."

At the moment, she is feeding the cat in the living room of her mansion at 17 West 357th Street in Lower Manhattan, New York.

This is a 6 story, 5 bedroom, 12.5 bathroom street facing townhouse.

The 11000-square-foot interior is located on Chelsea Street in Manhattan.

Jessica, who is on vacation, enjoys this kind of leisurely and luxurious life. Even if she frequently tells Abel to be more thrifty and spend extravagantly when she is not at home, she is willing to do all the housework by herself.

In the house, there are still a lot of servants, all of whom are the most professional domestic workers in the world.

Their monthly wages alone add up to almost $15.

At the same time, even when she was filming, she was not here in New York.

On Fifth Avenue and Seventh Avenue in Manhattan, there are a variety of luxury brand stores, but they still send a lot of their new products to this house on a regular basis every month.

There are also chefs from Michelin-starred hotels who are always on call to serve her.

She is out filming, or when there are business activities.

The best security companies in the world will provide her with security services for at least 5 people.

She said it was unnecessary, but in fact, she was not immune to these ostentations, and she was dependent on them.

She also hopes that the pomp can be bigger.

The TV was on, and Jessica, who was stroking the cat, was holding a thick prospectus with 127 pages in total.

The cover was 'Smith Media Group IPO Prospectus', and she watched it intently.

It's nine o'clock in the morning, and AMC Bloomberg TV is broadcasting the financial column "U.S. Finance", and the screen is fixed on Derek Wright, the spokesperson of Smith Media.

Mr. Wright is now the president of CAA and one of the spokespeople for Smith Media.

As the first company that Abel Smith started, CAA has once again become the world's number one brokerage company.

And it has successfully opened up several other markets outside of the entertainment industry.

For example, in terms of making money, it is not inferior to commercial sports in the entertainment industry at all, and there are also high-end and high-end art brokers.

Although it has not yet been listed, the current CAA is undoubtedly stronger than in the past.

On the TV screen, Derek Wright is broadcasting live the prospectus for the listing of Smith Media:

"Smith Media Group has a total issuance of 10 billion shares, and the total share capital of this issuance accounts for 20% of the pre-listing share capital.

The highest issue price is: US$55/share,
Stock symbol: SMG.US.

The raised funds are 110 billion US dollars, about 30% are used for mergers and acquisitions, 60% are used to expand overseas group business, and 10% are used for working capital and general corporate purposes. "

According to the current stock offering price, Smith Media's market value is a staggering $550 billion.

The original net assets are about 350 billion US dollars, so employees and investors who currently hold the original shares of Smith Media can increase the value of their stocks by at least 75%.

Tomorrow, Smith Media will officially land on the New York Stock Exchange. The stock price trend is currently looking wildly optimistic across the United States.

Jessica hasn't studied the stock market for long, well, she hasn't.

For her now, she has someone to help her handle everything properly. She can get whatever she wants, and it's all the most expensive and the best.

Even when there is a physical need, as long as you take a plane to find Abel, you can be satisfied to the point of being full.

She lacks nothing but love.

And love, in her precocious opinion, is just a manifestation of the hormone changes in animals like humans.

When love comes, it is the crazy secretion of hormones such as dopamine

If you are tired and don't love anymore, it means that the ability to secrete hormones such as dopamine has faded.

She has everything, and the only hobby left is acting, and the feeling of being watched.

This kind of her is not a top student like Anne Hathaway.

She is not interested in learning things, and she lacks financial knowledge, so she can't predict the trading situation of Smith Media's stock price after it goes public.

But Jessica believes that there will be no embarrassment of a break on the day of listing.

You must know that the listing of Smith Media has been frantically hyped for several months.

Some irresponsible tabloids even clamored that its market value should be at least 2000 billion US dollars.

He also said that "the company with Smith is so valuable".

In March of this year, Asbury Motors was listed on the New York Stock Exchange with an issue price of US$3. On the day of listing, it broke directly. Their opening price was US$16.5, a decrease of 15.95%, and the closing price was US$3.12, a one-day decrease of 15.79%.

There are many reasons for the breakout. The main reason is that the stock price deviates from the company's normal profit level and forcibly pushes up the issue price, so the market gives a pessimistic trend. In addition, it chooses to go public during a bear market, and the relationship between supply and demand is out of balance, which is dragged down by the market.

Smith Media does not have the adverse factors of breaking the stock market. The New York Stock Exchange has established an IPO inquiry system. On May 5, Smith Media has released the application version of the prospectus.

The listing roadshow lasted for nearly a month, and has been promoting Smith Media stock to investment institutions around the world. In New York alone, it attracted 37.6 retail investors queuing up to subscribe.

The share capital issued this time is 20%, and the pricing range is US$50-US$55.

In view of the excessive enthusiasm of investors, there were originally four underwriters, which were subsequently increased to nine, and finally eleven.

The subscription of new shares exceeded thirty times, and the market gave Smith Media sufficient confidence.

It is said that film is a notoriously high-risk industry, and Wall Street financial institutions even exclude film companies from their lending list.

But Smith Media is a group company. In addition to film companies, there are also TV stations, toy companies, model companies, newspaper companies, publishing companies, and even commercial sports companies.

Its profit direction and profitability are very broad and powerful.

It is a media brand that already has a huge reputation in the world.

Movies are just one of its many businesses, and this kind of pan-entertainment diversified operation directly dispels investors' concerns.

More importantly, Smith Media also owns the two gold-lettered signs that are most recognized by investors all over the world-Smith.

The other is Buffett.

Just because of the names of these two people, the valuation of the little-known Tesla car has been inflated to an exaggerated level.

Although it is related to its industry, it is a high-tech concept after all.

But without the value of Smith and Buffett, it would be worth more than a billion dollars at most.

As for Smith Media, Smith even has Smith in its name, so it can be said that the golden ones cannot be more golden.

What's more, the old man Buffett is also one of the shareholders.

Just like those tabloids said, the English word "Smith" is worth at least 200 billion US dollars.

In the financial market, whether it is stocks, futures or foreign exchange, in the final analysis, the essence of the game is confidence.

Buffett and Smith can instill confidence in investors.

Then what they recognized was so valuable.

In fact, even Smith Media did not use Abel's name to go public.

There is a high probability that investors will still favor and pursue it.

Just take a look at the financial statements of various projects and sectors of Smith Media.

Since the middle of last year, except for investment, there is no word of loss at all, and almost all businesses are making profits.

In terms of movies, "Spiderman", "Kick-Ass", "The Incredibles" and so on, with a global box office of nearly 50 billion US dollars, have begun to encroach on the throne of the world's number one film company.

In terms of TV stations, the AMC TV network is now the fifth largest TV network in the United States outside of News Corporation.

The ratings of the TV series, reality show variety shows, and talk shows produced are all amazing.On the sub-lists of the national ratings rankings, the AMC TV network is crazy on the list.

In terms of newspapers, Smith Media has also become one of the top five newspaper groups in the United States, and the performance of the publishing company is also very good.

In terms of toys and peripherals, even giants like Hasbro have been acquired and annexed. No one can stop Smith from advancing in this field.

In terms of commercial sports, Smith Sports is now also a subsidiary of Smith Media, which is a commercial sports giant involving football, basketball, baseball, rugby, F1 racing, etc.

What's more, there is an Elizabeth's back garden.

The latest market value valuation of Isha has almost exceeded 100 billion US dollars.

Although this is a bit false, it is also a subsidiary of Smith Media.

Even if you don't consider the golden signboard of Abel Smith.

Undoubtedly, Smith Media is also a favorite among listed companies. It has too many places to fantasize about and highlight. Its future does not look bright, but brilliant.

After reading the prospectus, Jessica's eyes fell on the list of shareholders at the end.

She couldn't help but calculate how much value Smith Media could bring to Abel after it went public.
And her own private money.

Abel applied for a black card for her, after he got into American Express.

The black card in her hand is already so easy that even a private jet can be swiped...

But that wasn't her money, and she had less than $1 million in savings.

These deposits are all her salary.

But counting her shares in Smith Media, she is definitely a billionaire.

Yes, she has shares in Smith Media.

In fact, she, Anne Hathaway, even Liv Tyler, Scarlett, and Nicole Kidman.

Compared with those managers who need to spend money to buy original shares, the shares they get don't even cost them money.

But there is a condition, that is, they are not the real holders of these shares.

The owners of these shares have long signed contracts and deeds, which are their future and Abel's children's things...

But before the children grow up and turn 18.

They can always enjoy the dividends and all corresponding rights brought by these stocks.

At this moment, Jessica looked at the prospectus, and the list of shareholders showed:
The total share capital of Smith Media is 10 billion shares.

The major shareholder is Abel Smith, with a shareholding ratio of 65.24% and a shareholding of 6.524 million shares.

Based on the calculation of US$55 per share, the listing of Smith Media can bring Abel a worth of US$358 billion.

Just this number is enough to make him ranked third in last year's list of the world's richest people.

The second place is Bill Gates with more than 2 billion US dollars. It goes without saying who is the first place.

Jessica holds a 1% stake worth $5.5 million.

She looked at Anne and Charlize again, Anne's shareholding ratio was about the same as hers.

But Charlize is different. This woman holds 1.8% of the shares, a total of 1800 million shares, worth 9.44 million US dollars.

Is this the difference between having a baby and not having a baby?

Jessica thought of this rather depressingly, but she was also glad that Annie was the same as herself.

In fact, it wasn't her and Annie, who didn't want to have a baby for Abel yet.

Last year, the two even went to Europe in person, just to try their best.

But after accepting so many seeds, the stomachs of both of them were still indifferent.

Later, Jessica couldn't bear it anymore and went to the hospital for an examination.

The result of the examination was that there was a little problem with her body. She had a little genetic ovarian syndrome.

This disease is congenital, 10% of women have it, some are serious and some are mild.

Minor, it just makes it harder for a woman to conceive.Seriously, it can even make women infertile.

Jessica is moderate and needs treatment, but not a major problem.

Later, she also heard that Annie also went for a checkup, and there was nothing wrong with her body.

The reason why she wasn't pregnant was because Annie didn't want to have a baby so early and was taking medicine.The latter is really a matter of probability.

Jessica continued to watch.

The second largest shareholder of Smith Media was originally Buffett.The old man accounts for 4.46% of the shares, with a total of 4460 million shares and a value of 26.12 billion US dollars.

However, Bloomberg's Bloomberg later bought shares with Bloomberg's TV station, accounting for 4.87% of the shares, squeezing Buffett down.

Behind them, there are a lot of Wall Street giants.

Like Goldman Sachs, Merrill Lynch, Bear Stearns, Lehman Brothers, JP Morgan Chase, etc., there are dozens of them.

Most of the shareholding ratios are very low, the highest JPMorgan Chase is only 1.5%, less than Charlize Theron.

Since Smith Media started its roadshow, capital institutions in the United States and Europe have been extremely fierce.

Wall Street, in particular, can't wait to buy short all the equity issued by Smith Media.

But with only 20% of the public offering this time, the amount of control they can increase is limited.

The pursuit of capital is quite active. When Smith Media is officially listed, the shareholding structure will definitely continue to be replaced.

Excluding large investors and institutions.

At present, the number of shareholders of Smith Media has exceeded 2000.

Among them, the original shareholders of the companies that Smith Media annexed and acquired along the way accounted for more than half, such as Don Graham of the Washington Post.

At the time of acquisition, these people don't want cash, they just want to exchange shares for shares.

In order to grow, Smith Media replaced many stocks.

Including those of Bloomberg, it is actually this model.

Not counting big heads like Don Graham and Bloomberg, the slightly smaller retail investors have a combined shareholding ratio of about 11%.

Smith Media's internal management has more than 100 people holding shares, and the holding ratio is 5%.

Jessica specifically browsed the 5% shareholders.

There are more than a dozen managers who are expected to become billionaires, all of whom are executives without exception, and they hold a total of 3% of the shares.

There are more than 1 elites who can join the ranks of multi-millionaires, most of whom are middle and senior management of the company, and they hold [-]% of the shares in total.

As for millionaires, as long as they hold shares, they can get mixed up.

Judging from the issue price, 1% of Smith Media's shares are worth 5.5 million US dollars, which is enough to give birth to 550 millionaires on average.

Now it is shared by more than 80 people, each with more than 600 million US dollars.

If it goes on the market, the price can increase by more than 40%.

Even with these people, they can become multi-millionaires.

Therefore, many people say that the listing of Smith Media is essentially an operation to create wealth.

If the stock price of Smith Media continues to rise in the future, the wealth of these shareholders will continue to grow like a snowball.

Jessica read the prospectus in detail, and it was already noon.

Her housekeeper had just ordered a Michelin-starred chef to arrange lunch.

Abel took Annie and suddenly arrived at 17 West 357th Street in Lower Manhattan, New York.

That's where Jessica lives.

When Jessica greeted her happily, she wanted to show her love to Abel coquettishly in front of Anne.

She saw Anne Hathaway triumphantly waving at her an A4 paper full of patterns and text, which roughly looked like a checklist.

Before Jessica could see clearly, she heard her biggest competitor in the past flaunting to her triumphantly:
"Hey Jessica. Look at this, see? I'm pregnant, almost two weeks! Hey! This time next year, I'm going to be a mom! God, I'm not even 20, I'm going to be a mom Mom. It’s an incredible thing, and it’s so wonderful to think about!”

Annie talked for a long time, and Jessica's head was buzzing.

Now she can't wait to go forward and give Anne Hathaway's smug face a few hard slaps.

So annoying!