Reborn: Billionaire in College

Chapter 241 Pre-IPO Roadshow

Even if there was no Chen Pingjiang, Pony Ma would have proposed "Internet Plus" a few years later, which would eventually be developed into a national strategy.

Chen Pingjiang simply proposed to speed up the development process one step earlier, hoping to advance the progress through personal efforts.

After the afternoon summit ended, Chen Pingjiang became a hot commodity and many people invited him to have one-on-one interviews, but most of them were rejected by Chen Pingjiang.

With so many people, even if each person had a cup of coffee, Chen Pingjiang would not be able to leave BJ for a few days.

When the meeting was over, Lao Ma came over with a smile and said, "Are you free tonight? We have a dinner."

"Who organized it?" Chen Pingjiang asked.

"Mr. Liu."

Chen Pingjiang lost interest when he heard this. Mr. Liu was referring to Liu Zhi, so this dinner should be the dinner of Taishan Society.

Chen Pingjiang was not interested in the idea, nor was he interested in the so-called Taishan Society. There were people at the table who could be his fathers and grandfathers. What was the point of being someone's servant?
The mysterious Taishan Club is mostly made up of physical enterprises, and in the Internet sector there are only Robin Li and Jack Ma, and at most Shi Yuzhu.

The outside world claims that the accumulated wealth is as high as 2 trillion.

Every time the members get together, they reach an agreement: no recording, no record, no invitation to local leaders, and no external publicity during conversations.

It was so mysterious and mysterious, but in the end it couldn't escape the fate of disbanding.

Chen Pingjiang is very sensitive about this matter.

Old Ma, however, enjoyed doing this very much. Not only did he join the Taishan Club, he also followed suit and set up the Jiangnan Club. He found a Feng Shui treasured site in Lin'an and built a top-notch club.

However, it was ordered to close in 2014.

Chen Pingjiang smiled and said, "You should have said it earlier next time. I have made an appointment with Shen Nanpeng. I will definitely do it next time."

He was not talking nonsense, Shen Nanpeng did set up a plan.

This dinner party was much more pure, as all the attendees were bigwigs from Internet companies.

When Chen Pingjiang arrived at the club, Lei Jun, Pony Ma, Dong Zi, Wang Xing, Chen Yizhou, Robin Li, Ding Lei and others were all there, in addition to some CEOs of companies invested by Shen Nanpeng.

One has to admire Shen Nanpeng's ability in China's Internet. It is not wrong to say that he has invested in half of the Internet.

Among these people, Chen Pingjiang, Pony Ma, Ding Lei and Robin Li are of the same level.

Although Lei Jun is not short of money, the industries he owns are not as good as the previous four.

The remaining Dongzi, Wang Xing and Chen Yizhou are all considered rising stars, but they still have to wait and see in today's situation.

"Mr. Chen, your speech today is thought-provoking and thought-provoking."

"Today, the leaders of the Ministry of Industry and Information Technology and the Internet Society are very interested in the concept you proposed, and I plan to report it to my superiors."

"..."

Unlike others, he greeted Chen Pingjiang.

Chen Yizhou and Wang Xing felt a little awkward when they met Chen Pingjiang, and even the meeting between Chen Yizhou and Wang Xing was quite unnatural.

The love, hate and vengeance between the three people are so intense.

Chen Yizhou's Xiaonei.com and Wang Xing's Meituan are currently being crushed by Chen Pingjiang's Renren.com and Renrengou.com. In particular, the local sales teams of Meituan and Renrengou are fighting each other from time to time.

When Chen Yizhou became famous, Chen Pingjiang was still a younger brother and was in the posture of a follower.

Unexpectedly, in just two or three years, he became powerful again.

After Chen Yizhou acquired Wang Xing's campus network, although Wang Xing worked at Oak Pacific Group, the two were not very happy with each other.

Tencent invested in JD.com, so it brought Dongzi here.

Baidu invested in Nuomi.com, so Robin Li also brought in Chen Yizhou.

Anyway, the relationships among the people participating in this game are quite confusing.

"Why the hell do I feel like the whole world is my enemy?" Chen Pingjiang complained secretly.

Among this group of people, except for Dongzi who does e-commerce, the others have more or less conflicts with him in business.

Shen Nanpeng had anticipated this when he organized the event. When everyone gathered, his first words were: "Company competition is company competition, but personal relationships still need to be maintained. More friends mean more paths. We will always run into each other at various meetings in the future. We are all leaders in our respective industries. More exchanges and communication will only benefit us and not harm us."

"We won't talk about politics at this party today. You can talk about work and gossip, but don't mention unhappy things."

As soon as he finished speaking, Lei Jun smiled and said, "I don't talk about unhappy things. I'm just very curious about why Mr. Chen poached Lin Bin. I have a good relationship with him."

Chen Pingjiang chuckled and said, "I have provided a stage for Lin Bin." Upon hearing this, Lei Jun did not hesitate. At present, he had no idea of ​​starting Xiaomi, but just wanted to invest in Meizu, so he introduced Lin Bin to work at Meizu.

Among all the business leaders present, Chen Pingjiang had the best impression of Dongzi, a simple, honest and loyal man.

Chen Pingjiang had also heard the story of how the entire village went from house to house to collect eggs to support his schooling. He had also heard the story of how Dongzi gave out big gift packages and down jackets to the people in their village during festivals.

Dongzi doesn’t have Milk Tea Sister yet.

The meal lasted about two hours. Chen Pingjiang was very low-key and didn't talk much.

After leaving the club and getting in the car, he slowly exhaled.

This meal is really tiring. Everyone is so pretentious. It is obvious that Chen Yizhou and Wang Xing both want to kill me, but they still have a fake smile.

Xiao Ma Ge was also very bad. In front of Chen Pingjiang, he toasted back and forth with Chen Yizhou and Wang Xing, deliberately trying to flatter Chen Pingjiang.

It is not uncommon to form cliques within a circle. You cannot escape from this circle. Only if your own strength is strong enough can you ignore the so-called small circle.

…………

After returning to Dongjiang, Chen Pingjiang attended Renren's roadshow preparation meeting.

As the exclusive financial advisor for the IPO, Huaxing Capital specially sent a partner here.

"In the next two weeks, we will hold IPO promotion meetings in multiple cities. Here's the timetable: September 9, Hong Kong; September 10, New York; September 9, London. We will be able to go public and ring the bell in no more than 17 days. In the previous trial meetings, we have received recognition from many institutions. It is expected that the scale of financing for this IPO will exceed US$9 billion, and the stock price will be between US$25 and US$21. After the financing is successful, Renren's total valuation may reach US$30 billion."

Chen Pingjiang nodded and looked around: "Take the schedule back and plan your work arrangements."

Roadshow is an indispensable part before IPO.

It is a stock promotion report activity held by Renren and four underwriters for investors.

The purpose is to promote communication and exchanges between investors and stock issuers to ensure the smooth issuance of stocks.

To put it bluntly, we are painting a rosy picture for underwriters, institutional investors, analysts, fund managers, and hedge funds introducing the company, telling them how awesome Renren is, what scale we plan to achieve in the future, and that buying our stock will guarantee them a profit.

Let these people recognize Renren, buy Renren's stocks, and let them guarantee Renren's listing.

Only if everyone buys can we raise enough money, successfully go public, and cause the stock to surge on the first day of listing.

Getting real feedback from the market on the company during the roadshow can enable issuers and investment banks to better determine the valuation range and lay the foundation for the successful issuance of the IPO.

If no one is willing to buy your stocks, then congratulations, it means your listing has failed.

"From now until the listing, your company must be extremely careful. Any disturbance may be subject to supervision and damage investor confidence, including but not limited to various disputes and lawsuits, executive scandals, etc." The partner of Huaxing Capital reminded again.

After the meeting, all departments of Renren immediately issued a notice.

"How is it? Are you all nervous?" Chen Pingjiang asked with a smile while looking at Li Xi, Miao Bingwei, Wan Yuqian, Shu Mang and Tian Hongrui in front of him.

These four people, as the CEO, CTO, CHO, and CFO of Renren.com, will participate in the roadshow with Chen Pingjiang, be exposed under the spotlight, and be scrutinized by institutional investors, fund managers, and hedge funds.

Li Xi smiled unnaturally: "How can there not be a lot of pressure? I specifically looked up information on Baidu. It is said that institutional investors' experience and trust in the management are also very important indicators?"

Chen Pingjiang nodded: "Good management can give investors more confidence. Even if the company's current profitability may not be very good, investors often prefer companies with excellent management teams."

Shu Mang smiled bitterly: "Then we are miserable. Compared with other companies, we seem to be weaker in terms of education and experience?"

Chen Pingjiang waved his hand indifferently: "Don't underestimate yourselves. Although these are important, the thriving development of Renren.com itself is inseparable from your efforts. You may not have enough experience, but we are capable. Besides, we have me as well."

Tian Hongrui consoled him: "Indeed, none of us can match the investors' favor towards Mr. Chen. Have you forgotten the roadshow we tried last time? Institutional investors may not care about us, but they are more interested in Mr. Chen."

It can be said that the success of Renren's IPO and whether it is a hot seller all depends on Chen Pingjiang's performance.

Putting aside other things, age alone is enough to be Chen Pingjiang's biggest advantage.

If Chen Pingjiang is in good health, he will lead Renren to stable development for at least 50 years, which is enough to give strong confidence to institutional investors.

9 month 9 day.

A large number of Renren executives and various external business teams arrived in Hong Kong on a chartered flight.

It was previously expected that 500 investors would attend the first stop of the roadshow, but the actual number of attendees reached 800, and the scene was very crowded.

A number of Renren executives, including Chen Pingjiang, underestimated investors' interest in Renren and Chen Pingjiang.

"This global promotion is of great significance and will allow Renren to decide whether to issue shares at a price higher than the original guidance price and bring itself closer to this valuation."

"Many investors think that Chen Pingjiang, the founder of Renren, is impressive. Some investors say that Chen Pingjiang is 'surprisingly young and brings a lot of imagination.'"

(End of this chapter)