Age of Dreams
Vol 2 Chapter 3025: Jealous Citi
Rich is known in the mountains, but poor is not asked in the downtown area.
People in Xiao Qi's position, no matter how low-key they are, there will be a lot of entertainment.
For example, tonight, Jabil, CEO of Citibank, hosted a banquet in honor of Xiao Qi.
Citibank is one of the most important partners of the Fairy Company. Many members of Jabil's family are kind to Xiao Qi, so this face cannot be denied.
Since Jabil knew that Tang Mingxiang and Little Taylor were pregnant, they didn't make a dinner for the two families. Instead, he took Wade with him and invited Xiao Qi to dinner.
When Xiao Qi first met Wade, he was just the deputy head of the asset management department of the New York branch of Citibank. Now he has become the head of the New York branch and is a step away from entering the head office.
Of course, when Wade and Xiao Qi talked, he himself actually prefers to be the president of the New York branch, because it is easy and powerful, and New York is the most prosperous city in the world, and it has become Citibank. The most important branch, so he is equally valued.
It's just that Jabil needs Wade to go to the head office to help him, so that he can stabilize the situation that he won.
After thinking about weighing the pros and cons, Wade agreed to Jabil. If there is no accident, Bao Lijie, the president of the Japanese branch, should be succeeded in the future, and he is still Xiao Qi’s old friend.
The place Jabil invites to eat is a Michelin three-star restaurant, which requires reservations.
In order to worry about others taking pictures, Jabil also specially booked a box so that no one would bother.
Xiao Qi has never been willing to expose himself in the media, and he is good at using WeChat, Weibo, Titter and even Faebook to confuse the audience, so now few people know which photo is Xiao Qi's true face.
Many media claimed that they had bought Xiao Qi's photos at a high price, but the results were finally confirmed to be fake.
Xiao Qi naturally wouldn't tell others that this kind of obfuscation method was devised by him, making everyone visually fatigued, and even if the people who broke the news were able to shoot the truth, they would not be able to prove it.
But this kind of mystery makes many people think Xiao Qi is cool, and his popularity is getting higher and higher.
Jabil invited Xiao Qi to dinner, on the one hand to connect with feelings, on the other hand, he came to Xiao Qi because of something.
Eating the tender veal steak, Jabil couldn’t help but said to Xiao Qi: “Kid Shao, logically speaking, we are all friends. You also know that Citibank has had a hard time in recent years. You said why Faebook wanted to go public. Ms. Tang has never chosen Citibank to underwrite the issuance? Even if it is a joint venture with Goldman Sachs!"
Xiao Qi shook his head and smiled, "You don't know that Xiangxiang never cares about Faebook. This is the guarantee that Zuckerberg made when buying Faebook stock."
"But suggest the head office? Our conditions are not much worse than Goldman Sachs. Besides, if it's worse, we can talk about it." Jabil exclaimed, "It's fine now. It is said that Zuckerberg followed Goldman Sachs confirmed their status as the sole underwriter. Goldman Sachs had a bite of fat on its own."
"Yes, the entire underwriting sales can bring Goldman Sachs at least 5 billion US dollars in direct benefits. If it works well, they will have some extra income. The benefits are really countless." Wade also helped, "Alas, Citi now There is also a lack of such a good business to boost confidence."
"Don't complain there. In the first three quarters of this year, Citi's operating income was the third largest in the global banking industry, right? Net income is much higher than last year." Xiao Qi smiled, "If you all say nothing Out of the cold winter, how many banks are still struggling?"
"It's just better than last year. It's a terrible difference when it comes to five years ago." Jabil shook his head. "Although I am in this position now, I really prefer to live five years ago. Days."
Five years ago, the national debt crisis had not erupted, nor did the subprime mortgage crisis erupted. Investment banks such as Citi, Merrill Lynch, and Bear Stearns all made a lot of money through various financial derivatives, one by one each year. Adding bonuses is simply too much to spend. Of course, life is easier.
It's a pity that there are not so many fools anymore. Several investment banks have gone bankrupt, and there are also people with their tails sandwiched between them. There are still half the prestige of the original.
Xiao Qi learned from Tang Mingxiang that this time Faebook was listed on the IPO, Citi did come to her many times, but after Tang Mingxiang asked Zuckerberg, he conveyed Zuckerberg’s opinion that he did not consider Citibank. , And then she didn't speak anymore.
Tang Mingxiang is a smart person. Unless it is Xiao Qi or her sister's career, she will not go against Zuckerberg. Citi does not have the qualifications to let her actively fight for it.
Of course, Citi couldn’t blame Tang Mingxiang. They all knew what Xiao Qi said, and most of the capital turnover of Tang Mingxiang’s own business was at Citibank. This gave them a lot of face, and they couldn’t ask for more. .
"Qi Shao, you have so many industries under your control, did you ever think about taking one to list in the United States?" Wade asked with a smile, "We can say that these companies should be exclusively underwritten by Citibank, at most only Allow one or two to join in!"
With the relationship between Citibank and the Fairy Company, and the relationship between Xiao Qi and their high-level officials, although Wade is a bit frivolous, it is not so excessive.
It would be strange if Xiao Qi did not choose Citibank if the company under the Fairy Company was listed in the United States.
After so many years of cooperation, as long as Xiao Qi does not touch those financial derivatives, the relationship between Fairy Company and Citibank will remain strong.
"I haven't considered it yet." Xiao Qi said straight to them.
"Neither did Uber think about it?" Jabil smiled with a glass of wine.
Xiao Qi smiled, "Uber will definitely go public, but not now. But if it is going to go public, I think it should be too large for Citibank. I am going to bring in Credit Suisse First Boston Bank, you two Joint underwriting operation to go public."
Jabil and Wade agree on this point.
Uber has long been hailed as the second company that, like Faebook, may have a valuation of more than 100 billion U.S. dollars before going public. Such a large company can only be eaten by a giant like Goldman Sachs. Now Citigroup is a little bit worse. .
But they also heard another meaning in Xiao Qi's words.
"Qi Shao, do you mean that if the scale is not that large, Citibank can operate alone?" Wade asked with interest.
"Of course it is." Xiao Qi muttered: "What do you think of DreamDrive?"
"Really!?"
Wade was overjoyed, "Are you really willing to take DreamDrive to IPO?"
Xiao Qi smiled and nodded.
This time even Jabil was happy.
DreamDrive is the first company to do cloud storage. As of now, although GOOGLE, Microsoft, Amazon, Apple, and APPSTORE have all begun to engage in cloud storage, DreamDrive relies on its own preconceived advantages, plus Xiao Qi’s advice With the correct planning steps, it still controls more than 62% of North America's cloud storage share.
Considering that its opponents are so powerful, it is really remarkable that DreamDrive can have today's results.
And because DreamDrive is so good, its current valuation has reached 13 billion U.S. dollars, which does not seem high, but for a company with simple functions, it is already a great achievement.
Moreover, the current valuation of US$13 billion is only a very general valuation. Once it is handed over to Citibank to operate, I dare not say anything else. If the IPO is listed a year later, it will be at least US$30 billion. This kind of hype has stabilized the market value of DreamDrive at $50 billion after the listing, and there is no big problem.
Citibank has this confidence.
Because they have conducted a detailed investigation of DreamDrive, Xiao Qi only invested 500 million US dollars in them, but after half a year, they began to make a profit. Until now, their monthly operating income has long exceeded 200 million US dollars. , The net profit is more than 80 million.
Based on the 10-15 times minimum price-earnings ratio of the IPO, DreamDrive should also have such a valuation.
What's more, its various functions and services are also constantly improving. Don't look at other companies in other fields. Don't look at it~www.readwn.com~ But in the cloud storage space, DreamDrive is still the most powerful.
If Citibank operates well, it will have a net profit of at least US$3 billion.
Money is nothing. After the DreamDrive IPO is listed, they can get Xiao Qi's appreciation, so that they can get more and bigger cakes on the other IPO operations of Fairy Company. This is the result they want most!
You know, there are not only one or two good companies in Xiao Qi's hands. If they are all listed, there will be at least 10 or more companies.
And these companies are not bad companies that make money, they are all top companies in their respective fields.
If all of them can be listed in the United States, there is no doubt that American stockholders will usher in a wealth-sharing feast.
Unfortunately, neither Jabil nor Wade have any illusions about this.
One or two is still possible, all of which will be listed on the market. Are your comments on Xiao Qi's "stingy" and "selfish" false? (To be continued.)
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