Reborn since 1993

Chapter 648: Flying Goose Mode
Feiyan Technology's roadshow this time was very grand, with the help of the podcast promotion signed by Himalaya Radio.

Compared to the IPOs of Netscape and Yahoo, although they were also heavily promoted, they did not break through the circle because they were online platforms. Except for the people who used these two software, ordinary people had no contact with them.

But Himalaya Radio is different. It allows ordinary people to access the Internet, and those podcasts serve as a medium between Himalaya Radio and users.

Himalaya Radio has actually broken through the circle. The "American Dream" it has created and the living "examples" one by one have made countless people believe that they can become famous and rich by relying on Himalaya Radio...

With the promotion of many podcasts on Himalaya Radio, the name of Feiyan Technology has become known to more ordinary people, and its popularity far exceeds that of those listed companies that were previously listed.

The key is that advertising costs are cheap. Feiyan Technology uses its contracted podcasts for promotion, and the money it spends is much cheaper than advertising on TV or in newspapers.

This was also the first time that Silicon Valley and Wall Street saw the influence of the Internet in the real world. Even many scholars from the University of America became interested in Feiyan Technology's promotional model and prepared to do research in this area.

Li Dongling listened to what Moritz and Dixon said and just ate the steak in front of him. Feiyan Technology was just making the Internet begin to appear in the real world. To be honest, it has not yet had much influence.

In another 20 or 30 years, by that time, even the presidential election in the United States will attract bloggers with tens of millions of fans on major Internet platforms to support them, hoping that through the influence of these bloggers, their fans can vote for them.

By that time, the Internet industry will have truly entered the mainstream and possess the same influence as Hollywood stars!
Everyone present is a person with a vested interest in Feiyan Technology, in other words, "our own people", so Li Dongling doesn't need to be cautious when speaking.

“It is estimated that Feiyan Technology will be able to maintain its share price after its IPO.”

It is always better to think about failure before winning. If Feiyan Technology's stock price can soar after its listing, that would certainly be a good thing. However, if it cannot soar, at least it should not fall below the issue price. Once investors lose confidence in Feiyan Technology's stock price, it will not be so easy to push it up again in the future.

Moreover, Feiyan Technology's scale is not small. Compared with the valuations of Netscape and Yahoo when they went public, Feiyan Technology completed its listing with a valuation of US$1.5 billion.

For this IPO, Feiyan Technology issued 10% of its shares through Citi, and issued 9 million shares at a price of US$1670 per share, with a total value of more than million yuan. These have set new records in the current Internet industry!
"You don't need to worry about this!"

Hearing Li Dongling's words, Dixon smiled and said, "Feiyan Technology's subscription volume in New York, Silicon Valley, Los Angeles and other places exceeds Feiyan Technology's stock. It is more popular than expected!"

As a partner of Sequoia Capital, Moritz is much more sensitive to the Internet.

“After the new American telecommunications bill, telecommunications-related stocks have all risen, and the Internet is also a beneficiary.

The share prices of Yahoo, CNET, and Netscape, which went public this year, have skyrocketed, and the Internet is becoming more and more popular!" said Moritz.

For Moritz, the listing of Feiyan Technology, and the subsequent listing of Yahoo and Feiyan Technology, will not only bring considerable returns to Moritz and Sequoia Investment.

It will also make his position in the Internet arena more solid. The title of the godfather of Internet venture capital will appear on Moritz's head. Naturally, he does not want any accidents to happen to Feiyan Technology.

Moritz and Dixon are both veterans in the industry with extensive connections and well-informed information. Since they have made such statements, it means that Feiyan Technology is currently doing quite well.

Li Dongling said this to remind Citi and Sequoia Capital, which backed Feiyan Technology's stock on the day of its listing, not to suffer a setback.

"However, I don't want any problems with Feiyan Technology's performance in the last quarter of this year!" Dixon said.

"This year, there will be no problems with Feiyan Technology's performance and revenue!" Yao Luoying's cold voice came out.

Feiyan Technology used the Internet's gimmick to go public. It is true that Himalaya Radio is still making losses, but Feiyan Technology's revenue mainly comes from its hardware business.

Feiyan's mini radio is still selling well this year and has been exported to overseas markets. In addition, the Dolphin multi-function emergency radio is purchased by emergency management agencies around the world, making Feiyan Technology's revenue relatively stable.

Now, Feiyan Technology actually uses the Internet brand when promoting itself to the outside world, but when announcing its performance, it reports the revenue of the entire Feiyan Technology.

As a result, Feiyan Technology has become the most profitable company in the Internet industry, and it is one of the few profitable Internet companies. Feiyan Technology now earns more than Netscape, the big brother of the Internet industry...

With this routine, don’t Wall Street institutions and those investment companies know that Feiyan Technology is selling dog meat under the guise of selling mutton? Of course they are well aware of it.

However, there are still many Wall Street companies that have bought stocks issued by Feiyan Technology. Even though they know that Feiyan Technology is playing tricks, this trick can make Feiyan Technology's stock price soar. They buy Feiyan Technology's stocks and can also make a lot of money. Naturally, they will not jump out to make trouble.

"Cheers to Feiyan Technology!"

Li Dongling raised his glass, and Yao Luoying, Zhou Hualiang, Larson, Moritz, Dixon and others also raised their glasses. …

Robinson Crusoe woke up in an apartment in New York and opened his eyes. He had the same name as the protagonist of Defoe's world-famous "Robinson Crusoe".

But the name Robinson is one of the most common names in America, England and other places, with nearly one million people having this name. Robinson, who lives in an apartment, does not have the adventures described in Defoe's book.

To be honest, the only thing that Robinson felt was that he missed someone's reminder this year, which made him regret it a little bit.

He quickly got up and got dressed. Robinson works for CNET and is CNET's reporter in New York. Today, Robinson will be responsible for interviewing Feiyan Technology, the protagonist of today's Nasdaq, for CNET.

While brushing his teeth, Robinson looked at himself in the mirror and couldn't help but think of the interview six months ago, which was the day Yahoo went public.

Robinson interviewed a number of celebrities who supported Yahoo, including Li Dongling.

When Li Dongling was interviewed by Robinson and asked about Yahoo's market value on the day of its listing, Li Dongling made a shocking prediction that Yahoo's market value would exceed 1 billion US dollars on the first day of its listing. At that time, Li Dongling also suggested that Robinson buy 1,000 shares of Yahoo stock.

But Robinson thought Li Dongling was just joking and was not willing to spend more than 13 US dollars to buy Yahoo stock, which was only US dollars at the time.

But now, Yahoo's stock price has soared to $58, its market value has exceeded $17 billion, and is heading towards a market value of $20 billion.

If Robinson had bought Yahoo stock at the beginning, the stock would be worth more than 58,000 US dollars. If he sold it now, after deducting the cost, the net profit would be more than 45,000 US dollars!
That's forty-five thousand dollars. Even if we calculate it based on the monthly salary that CNET offers Robinson, it would be nearly eight or nine months' salary for him.

Robinson felt a severe toothache every time he thought of this incident while brushing his teeth. It would be a lie to say that he did not regret it.

For an American family with high per capita debt who lives on credit cards, it may take several years of saving to save up more than $40,000 in cash.

After washing his face and brushing his teeth, and checking his camera and other equipment, Robinson rushed to the Nasdaq trading hall.

……

Li Dongling and Yao Luoying drove to 151 Manhattan and the Nasdaq Stock Exchange. Along the way, they could see billboards of Feiyan Technology and Himalaya Radio on the outdoor advertising screens, as well as a slogan, "Himalaya Radio, the starting point of the American dream!"

Today, from Times Square to Manhattan and then to Brooklyn, more than 850 large outdoor advertising screens are displaying Feiyan Technology’s advertisements.

When the car arrived at the Nasdaq Stock Exchange, Feiyan Technology's advertisement and stock code appeared on the Nasdaq big screen.

"Click"

When Li Dongling and Yao Luoying got out of the car, a large number of camera shutter sounds rang out. Countless cameras flashed, like a field of white snowflakes. Even Yang Zhigao, who was standing next to Li Dongling and was in charge of security, couldn't help but squint his eyes.

"Ms. Yao, look here. As the first Internet queen to lead a company to be listed on NASDAQ, how do you feel at this moment?"

"Feiyan Technology became the first Chinese Internet company to be listed, and the Feiyan Technology structure model was born. Wall Street called this structure the Feiyan VIE model.

Yao, is the fact that Feiyan Technology was allowed by the mainland to go public on NASDAQ using this model related to your family background?

"Yao, will Himalaya Radio be separated from Feiyan Technology in the future?"

As soon as Li Dongling and Yao Luoying got out of the car, a large group of reporters surrounded them and threw all kinds of questions at them.

Among them, there were media invited by Feiyan Technology, Citi, and Sequoia Capital, and there were also other media who came on their own. The questions asked by the latter were not very friendly.

This time, Feiyan Technology's listing on NASDAQ has created a new model, which is similar to the Sina listing model in its previous life. In order to circumvent the regulations of the Ministry of Information Industry, which prohibit overseas investment in the domestic telecommunications industry, and to be able to be listed on NASDAQ, it can only use this model.

Some of the questions from these reporters and media were serious, while some were obviously traps. America and other countries always look at people from China with tinted glasses.

Yao Luoying had been mentally prepared for this kind of situation, and she remained calm when she heard those tricky questions.

(End of this chapter)