Rebirth

This time Yahoo's listing has undergone tremendous changes because of Li Feng, the butterfly. For example, the market value is now surprising.

According to the IPO, Yahoo is valued at 4 billion U.S. dollars, with a total of 80 million tradable shares accounting for 20% of its share capital. The issue price is $10. If it succeeds, Yahoo will surpass Netscape to become the number one Internet company.

The current market value of Netscape is only less than 4 billion. This is the number one company on the Internet, but according to estimates, this number one company will soon be replaced.Especially with the start of Microsoft's browser, the browser war has begun in the United States and even the world. Naturally, Netscape's stock price has not risen rapidly.

Due to the advance layout of the current Yahoo, there are more than 10 million Internet users visiting the world every day, and the number of visits has exceeded 50 million. This data is almost the end of 1997 in the previous life. Considering the number of Internet users worldwide, it can be said that Yahoo is almost unified. The Internet.

The traffic of Yahoo as a whole has even surpassed the total traffic of other Internet companies' websites. One can imagine Yahoo's popularity.

...

Naturally, among them, Yahoo burned more money. The last time I raised so much money, I spent tens of millions of dollars in advertising around the world, and I can see Yahoo advertising everywhere.

In the face of global expansion and the construction of various infrastructures, the traffic of the website has naturally increased, and the natural income has also increased a lot. According to current estimates, this year's income will exceed 100 million US dollars.

It's a pity that Yahoo still loses money, at least on the books, because last year's financial report shows that it cost more than 300 million US dollars last year alone, and there may be more this year.

At least on the books, Yahoo is a loser, but in the face of Yahoo, everyone is optimistic and thinks Yahoo is a super potential stock.

Prior to the promotion of Yahoo's listing, and even during the road show, Yahoo's stock was snapped up by many institutions before the listing.

Naturally, with the promotion of the listing, everyone's shares have lost a lot again, and Li Feng's shares are only 15%. This is because he has made a lot of money and barely stayed.

Both Yang Zhiyuan and David have less than 20% of the shares, and David is not even as much as Li Feng. The three have a total of about 45% of the shares.

...

After arriving in New York, the group of people headed towards the Waldorf Astoria. Yes, this time Li Feng directly said to everyone that he was a treat. It was a treat to everyone and let everyone stay at the Waldorf Astoria.

At around 7 o'clock in the morning the next day, everyone got up one after another, saying that the NASDAQ listing also had a ceremony that needed everyone to attend. Li Feng was still full of expectations for this.

After all, this should be the so-called'listing bell ringing ceremony'.Li Feng in his previous life was just listening, so it would be interesting to experience it in person this time.

After breakfast, the calculation time should be almost the same. I heard that you need to rush to the Nasdaq trading building before 8.15 minutes to participate in the ceremony. Then everyone sat in the convoy and headed towards Times Square.

Yes, the Nasdaq trading building is in Times Square.

At around 8:15, the group was received by Goldman Sachs and Nasdaq staff, and the group passed the security check and entered the Nasdaq gate.

Li Feng also casually looked at this place that he often heard in his previous life. Unfortunately, it felt a bit simple and the decoration was not luxurious. It felt like a very ordinary commercial building.

Naturally, since I came to the Nasdaq to ring the bell, naturally began to browse, and took pictures together, Li Feng also followed the crowd and took pictures with everyone.

In the trading building, you can see through the glass windows of the server units. These are the heart of Nasdaq. All transactions are completed by these computer servers.

...

Before 9 o'clock, under the arrangement of the staff, everyone entered the studio. Li Feng visually observed that it was more like a TV studio, with various cameras in it, but I thought it was a TV station.

It is said that what is now recorded in the studio can be seen on the monitor outside the trading building. This is a live broadcast, but unfortunately, many New Yorkers have taken it off. After all, such scenes are often staged here.

At 9 o'clock, when the trading market officially began, Yang Zhiyuan also took everyone to the top, and then formally ringed the bell.

Well, Li Feng was actually quite disappointed with this process. I didn’t expect that the Nasdaq ringing the bell, which was so fascinating in the previous life, was such a thing. Later I heard that even the ringing of the bell was saved and changed to electronic control. Just press a button to'ring the bell'.

There is also a ceremony. It is said that it will start at 9.30. That is the official listing ceremony. However, Li Feng doesn't care much. In this life, he has experienced the so-called listing bell, and he understands what is going on. After the experience, I feel extremely boring.

In fact, Li Feng also has an analysis of the company under his name. After all, he was used to seeing a certain company going public in his previous life. Therefore, Li Feng had already prepared for it. Future Internet companies under his name are preparing to go public for financing. As for the rest Part of Li Feng is not ready to go public.

...

With the official start of the trading market, Yahoo also officially went public, and then some analysts began to take the stage and began to analyze the stocks in the market.

Naturally, after such a process, Yahoo was listed, and Yahoo’s stocks naturally appeared on the market. Li Feng didn’t know the specifics, but he had told Bill Weilibe before that the stock department of the investment company specializes Need to absorb the outstanding stocks in the market, and the amount that can be absorbed counts.

After all, the market value of 4 billion US dollars is relative to the hundreds of billions of market value in later generations. The investment value is really high. There is no reason to not invest.

Yahoo entered the Nasdaq's global select market directly this time. To be honest, Li Feng didn't know what was going on, and it became clear through someone else's introduction.

It turns out that when NASDAQ is listed, listed companies are also hierarchical. The lowest is the'capital market', which is specifically aimed at financing small and medium-sized enterprises; the second is the'global market', where most companies are at this level; the last one is Global select market, this is the highest level of Nasdaq.

Companies that can be included in the global select market are the highest-quality companies and status symbols. Originally, it was impossible to be included in Yahoo’s market value. However, with the help of financial giants such as Goldman Sachs, Yahoo itself The actual situation of the global Internet, this can be regarded as a precedent.

Coincidentally, at this time, the analyst above was pointing to Yahoo's stock card to explain that in just a few minutes at this time, Yahoo's stock has risen by 30%, reaching $13.

According to this calculation, Yahoo's market value has exceeded 5 billion, and it has officially become the'first share of the Internet'.After listening to the above analyst's explanation, everyone was still excited.

At the same time, Li Feng discovered that many tourists came to visit at this time. Well, it turned out that it was possible to visit here, but Li Feng was speechless for a while, thinking that it was so mysterious, that it was an ordinary place.

...

Around 9.30, the person in charge of Nasdaq took the stage to give a speech, saying something about welcoming Yahoo to become a member of the Nasdaq market. Finally, Yang Zhiyuan also went up to give a speech, and finally everyone rushed to the stage and took pictures. The whole process is roughly completed.

However, Goldman Sachs is preparing to host a dinner, which happens to be at the Waldorf Astoria. At that time, everyone in Yahoo will attend. There are also many Yahoo shareholders, including venture capital companies, founders and shareholders, who bought them before the roadshow. Heads of many agencies and so on.

When the market was officially closed in the afternoon, Nasdaq officials and others came forward to congratulate. It turned out that Yahoo closed at 18.12 US dollars, which means that the market value of Yahoo now exceeds 7.2 billion US dollars, and it is about to exceed 10 billion. It's crazy to become the veritable first share of the Internet.

80 million shares of outstanding shares, raising a total of 1.6 billion US dollars, this is a very successful IPO, whether it is for Goldman Sachs or Yahoo, at this time, everyone has breathed out, Yang Zhiyuan, but it was a while when he caught someone. A warm hug.

Seeing the joy of everyone, Li Feng felt for a while, Nasdaq, the mysterious place of the past life, and now he has experienced it, and Yahoo's listing journey is finally completed.

Li Feng is full of expectations for the next development of Yahoo. Perhaps because of his own reasons, Yahoo in this life will be more powerful than in the past, at least before the dot-com bubble burst, needless to say what it means.