Global Monopoly of Technology

Chapter 143 [Everyone is a shrewd person]

In the afternoon, when Yao Jianhong turned on his personal computer, he found that he had already received an official offer from Cote d'Azur in his personal mailbox. As for the position arrangement and treatment in the company, after reading it in detail, he agreed without any hesitation.

The contract was signed on the same day and became the official employee of Cote d'Azur Company No. 005980.

Yao Jianhong joined Côte d'Azur, and the first task he received was to be responsible for the establishment of the company's supply chain partners and sales channels, which was also his first assessment.

As the [Azure] plan progresses as scheduled, the sales side must also start to follow up. Everything is made from scratch, so it is natural to prepare. Otherwise, when the product launch comes out, there is no way for consumers to buy, then the company must be together. Follow the fry?

On Bluestar Technology's side, in the next days of this year, Luo Sheng attaches the most importance to two important tasks.

One is to prepare for the IPO listing plan in the United States, and the other is to complete the company's spin-off and reorganization plan.

...

In late April, the news of the industry was suddenly swept up by the news related to Bluestar Technology.

In an earlier Bluestar Technology board meeting, Luo Sheng officially announced the news of preparations for listing at the meeting, and the directors appointed by major external shareholders subsequently reported to the old club.

It didn't take long for the outside world to get the news.

The news has been reported by major global financial media such as The Wall Street Journal, Bloomberg News, Reuters, and mainstream media such as CNN, The New York Times, and The Guardian.

As early as the end of April, Wall Street has already started to hype, and the listing of Bluestar Technology Group (BTC) is undoubtedly the most sensational and most exciting financing action in the history of Wall Street.

Some authoritative analysts even pointed out that the "BTC" listing may exceed the IPO scale set by Google's listing last year, and may even become one of the largest IPOs in history.

The whole market is buzzing. Crazy for the code "BTC".

Unusual at first glance, Google posted $3.19 billion in revenue and $399 million in profit last year, with an average quarterly revenue of $797 million and a profit of $99.75 million.

In contrast, according to the data of Bluestar Technology, the revenue in the first quarter of this year was 434 million US dollars, and the profit was only 3.17 million US dollars. According to this benchmark, the total revenue is about 100 million US dollars and the profit is 12.68 million US dollars. Dollar.

According to this number, Bluestar's revenue this year is only % of Google's last year, and its profit is only about 3.17% of Google's.

How can Bluestar's IPO surpass Google's market value?

Smart Wall Street will naturally not make such a low-level mistake, and it is impossible for them to suffer losses.

You must know that Bluestar Technology’s revenue can almost be said to be supported by one of its six major business segments, that is, the social platform business, while the other five business segments are still in the growth stage and have not yet exerted their strength. , but the huge potential is the key.

Although other business sectors of Bluestar Technology are currently in a state of huge losses, Luo Sheng has given them great confidence that Wall Street is not afraid of Bluestar Technology's current losses, but is afraid of not being able to make big money in the future.

Obviously, Wall Street is also very clear that Bluestar Technology's current losses are constantly investing in development to make more money for the future.

As long as it is a reasonable loss, a loss that can pay for the big money in the future, Wall Street is completely acceptable.

In addition, the factors of building momentum for the IPO of Bluestar Technology are also included. After all, Wall Street as a whole holds more than 30% of the equity of Bluestar Technology, and it can exceed 40% after the IPO. [ IQI Literature ¥@novel is better and faster]

...

Bluestar Technology Group headquarters, in a hall.

"Mr. Paul, we hope that Bluestar Technology Group can conduct an IPO in the first half of next year. It is still too early. Originally, the board of directors disclosed the preparations for the IPO. I intend to communicate with the shareholders of the company. It's rumored, I didn't expect you to actually let the wind out."

At this moment, Luo Sheng is having an interview with Paul Watson, the head of Goldman Sachs Group, and Meng Qiu, the head of Goldman Sachs Capital in Greater China, is also present. After a while, Luo Sheng calmly added: "To be honest, you You should also know that a number of investment banks have approached me before, and they hope to be able to contract the listing of Bluestar Technology."

Paul Watson did not respond immediately. It is true. Before Goldman Sachs, almost all the famous investment banks in the world came. For example, Morgan Stanley, Zurich Credit, Citi, etc. sent important people before Goldman Sachs. Go to Bluestar Technology to get in touch with Luo Sheng.

All of these investment banks expressed their willingness to contract and go public for Bluestar Technology. As early as 2003, when Luo Sheng founded Bluestar Technology, the US stock market was undervalued due to the impact of the bursting of the Internet bubble.

Many investment banks desperately need some special math to stimulate the stock market, which has been in the doldrums for two years, and Google's listing last year almost became a stimulant for the entire stock market that year.

However, Bluestar Technology has risen against the trend under the sluggish environment. In less than three years, it has grown to such a huge scale, and its potential is faintly greater than that of Google.

If Bluestar Technology goes public, it will definitely be a super stimulant for the stock market.

"Mr. Luo, if BTC (Bluestar Technology Group) conducts an IPO, its scale will definitely not be smaller than the scale of Google's IPO last year, but Goldman Sachs Capital is very happy to undertake a large-scale contract listing for Bluestar Technology, as always, with high-profile support, there is no need to wait until next year. , it will be done within three months, we dare to guarantee it." Paul Watson said, his tone was firm.

In fact, Paul Watson didn't believe what Luo Sheng just said, or only half believed it.

Some time ago, the board of directors announced preparations for the IPO, but it was scheduled for next year. What did you reveal so early?

For such a long time span, there is no need for a potential stock like Bluestar Technology Group at all. You must know that before the Internet bubble burst, an Internet company successfully rang the bell on Nasda before it even completed a year from its creation to its IPO. gram.

The strength of a capital group like Goldman Sachs on Wall Street is beyond doubt.

But Luo Sheng did so, and now he has been in constant contact with one of the world's famous investment banks, Paul estimates that Luo Sheng may have met no less than a dozen bankers before this.

And show patience.

At this moment, Luo Sheng said in a serious tone: "To be honest, Mr. Paul, more than 11 investment banks have already hoped to contract the listing of Bluestar Technology Group. Every one of them, including Goldman Sachs, is a top investment bank in the world. I don’t know what to choose. It seems that no matter which one I choose is okay for Bluestar Technology Group, everyone has brought full sincerity. I don’t know how to refuse. I should be happy, but now I have become A new kind of trouble."

After speaking, Luo Sheng sighed deeply helplessly. Paul Watson was not moved at all when he heard this, but looked at the other party with a playful smile and said, "Mr. Luo, you are young. It's light, but I can't help but admire how calm and shrewd you are in front of seasoned Wall Street bankers."

Luo Sheng responded immediately: "No, this is not shrewdness, this is frankness."

Paul Watson just listened to these words, laughed without saying a word, and said in his heart: What a clever little ghost, damn it!

He knows that Luo Sheng is mostly aware of the cards in his hands and the cards in Wall Street's hands. It is because of this that he revealed the preparations for the IPO in the previous timetable, but it is scheduled to be listed next year, but the time is not specific, and it is still vague. of.

That's why so many investment banks came here this time, it can be said that there is an endless stream, and Luo Sheng also stayed with them and met them at the first time to show their importance.

But after meeting with more than ten investment banks, so far he has not been eager to agree to any famous investment bank to express his willingness to contract listing. Instead, he has kept in touch with many investment banks with great patience. Just don't let go.

How smart is Wall Street?

In fact, we are all smart people.

Paul Watson knew why Luo Sheng did this, that is, to keep the commission as low as possible, and to keep the underwriter's commission to the lowest possible level without offending any famous investment bank.

His speculation was correct at all. To lower the commission, this was the core starting point of Luo Sheng's actions, and it didn't seem to be very clever, because it was not difficult to come up with this result with a little bit of brain and rational speculation.

But this just showed Luo Sheng's calmness, patience and shrewdness, because even though everyone knew exactly what he wanted to do, they kept going up.

For profit!

Luo Sheng pointed directly at human nature, and directly at the vested interests.

By convention, the listed underwriters will charge 7% of the financing amount as a commission. If Bluestar Technology Group’s IPO finally achieves a financing amount of 3 billion US dollars, if it follows the routine ratio of 7%, then it will pay the sponsor 210 million yuan. Huge commissions in dollars.

For investment banks, this money is no different from lying down and earning it, for no other reason. The huge potential of Bluestar Technology Group has reduced the risk to an exaggerated level.

The net income is so huge and the risk is so small, it goes against the common sense of investment.

However, they met Luo Sheng, and it was impossible to earn huge net income from him with very little risk.

What's more, this is already a lot of commission, and it is only a part of the income that the investment bank that sponsors the listing can get, not the whole income.

...

:. :

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like