Age of Dreams

Facebook's listing preparations have been proceeding in an orderly manner.

Zuckerberg may not have enough experience in the IPO of a company, but with Goldman Sachs helping him, there is no problem.

Since 1910, Goldman Sachs has operated and listed stocks on a large scale. Now that 100 years have passed, Goldman Sachs' experience can be said to be number one in the world.

Over the years, Goldman Sachs has operated and listed 800 stocks instead of 1,000.

Through the IPO listing of these companies, Goldman Sachs not only accumulated a lot of experience, became the first underwriter choice for large companies to go public, but also made a lot of money.

The same goes for the Facebook listing this time. Goldman Sachs can at least get a net income of 700 million US dollars from it. If some forward benefits are added in, they will have no problem earning 1 billion US dollars.

After the official preparations were made in December last year, and after the New Year holiday in January, Zuckerberg led his team, a group of more than 30 people, to start a road show around the world under the guidance of Goldman Sachs.

Without Xiao Qi, Zuckerberg would be the youngest miracle-creating genius in the world, but even with Xiao Qi, he would be the youngest genius in Europe and America.

Because everyone is Caucasian, Zuckerberg is very popular. No matter where in Europe or the United States, he is regarded as a guest of honor. Numerous fund managers, angel investors, banking experts and ordinary investors are all Surrounded him, hoping to get huge profits on Facebook's listing.

The same is true in Asia. Zuckerberg has been enthusiastically sought after in Japan, South Korea, the East, Hong Kong and Singapore. Usually, if you want to meet him, you have to wait for several hours.

The 120 billion USD IPO listing and the fundraising of more than 48 billion USD have never been heard of by everyone.

However, it took a long time for Facebook to make such an IPO plan, and it is also the result of continuous development over the past few years.

Facebook is the largest social networking site in the world. Its perfect communication ability is even better than that of WeChat. Especially in Europe and America, the number of users of Facebook is completely better than that of WeChat.

More than 1.5 billion users, the expectation of more than 3 billion users in the future, and their efforts in business and ideals make people feel that Facebook has a bright future, and the future will definitely be as brilliant as Fairy Company and Apple. .

Apple is a bit better. The major investment banks and funds have already controlled 2/3 of its shares. The rest of the Joe gang has more than 10% of the shares in their hands, and small retail investors also have some, so it is almost a shared share. , everyone can enjoy the profits brought by Apple's rapid development.

Oh, I forgot to say that since the release of Apple's IPAD, the monthly sales have risen sharply, and now there are 8 million monthly sales, directly surpassing the sum of Samsung and Microsoft. second.

Because of this, Apple's stock and profits are rising, making investors smile.

Relatively speaking, Fairy Company is very unpopular.

It's not because Fairy Company's profits didn't meet expectations. In fact, Fairy Company's profits made all investors salivate.

Fairy Company is not a listed company, so it has no obligation to disclose its financial status, including profitability, to the public.

However, several products under Xiannv Company and the minority shareholders of APPSTORE are listed companies.

Fund companies and the media can check and estimate the profitability of Fairy Company through their company's profitability.

According to the law of the past few years, the pre-tax profits of Fairy Company DreamPad and DreamStars have reached about 60%. Excluding taxation, research and development and other expenses, the net profit is as high as 25%-30%.

Although at first glance, this profit does not seem to be high, Buffett's company can give a compound profit of about 23% every year, which is not much worse than Fairy Company.

But the problem is that the benefits of Fairy Company are not only product profits, but also constant share appreciation.

For example, DreamPad, starting from the initial share transfer of 130 billion U.S. dollars, in about three years, its valuation, even the most conservative investment banking company, has been valued at about 350 billion U.S. dollars, almost an increase of 200 billion. %.

Coupled with its average annual profit of about 20%, this kind of investment is close to 300% in more than three years. Is there any better investment than this?

DreamStars is the same, even its growth is more ferocious than DreamPad.

Even if the value growth of DreamPad and DreamStars will not be as fast as before, they are still very qualified as high-quality assets that can be preserved for a long time.

And their stable income and profits are also a better investment than Buffett.

Not to mention APPSTORE, the huge benefits it has are second to none, and its most powerful place is the terminal control of the smart electronics industry.

But apart from Apple and Samsung, there is no fourth company that Xiao Qi can share in APPSTORE's high-speed growth profits, which makes people even more sad.

Compared with Xiao Qi's stinginess, Facebook has the power to recruit heroes from all over the world.

Originally, everyone thought that Facebook might only take 25% for the IPO, but they didn’t expect Facebook to take 40% for the IPO in the end, and recruited funds as high as 48 billion U.S. dollars, setting a record in the world!

How much money an IPO needs to raise is not the point.

The key is whether this company can be worth so much money, and whether there is a lot of room for appreciation after buying it.

Facebook is obviously a company with good development prospects, and the valuation of 120 billion US dollars is far from the top for them.

With the hot sale of the IPAD, the market value of Apple has exceeded 400 billion US dollars, and the valuation of Fairy Company is as high as trillions of US dollars.

Facebook on social networks is almost the sum of Fairy Company and Apple on smart electronics!

Even if the social network is not as developed and valuable as the smart electronics industry, but at least at least, Facebook's market value of 200 billion to 300 billion US dollars is still fully achievable.

In this way, it is two or three times the profit. What are the investors not satisfied with?

Thinking of owning so many shares, everyone, whether they are institutional investors or individual investors, are all gearing up, and at the same time they admire Zuckerberg's boldness.

Of course, the operation method of the secondary shareholding structure has long been announced, and everyone has no opinion on this.

There are many equity structure models like this in North America. For investors, they want to get more shares to share benefits, but they don’t want the founders to be emptied by capitalists. As a result, the company can’t move forward smoothly. depreciate the value of the shares.

This secondary equity structure model just happens to be able to have the best of both worlds.

Since Facebook had many shareholders before, including Facebook employees, etc., the number of shareholders has already exceeded the specified number, so at the time of IPO, all 40% of the shares in this part will be invested in the market.

Originally, Zuckerberg and Goldman Sachs were a little worried, but after a month or so of world roadshows, the enthusiasm of investors gradually gave them a bottom line, and their worries about the IPO listing gradually dissipated. .

Zuckerberg is a very egotistical guy.

Entrepreneurs who run a company are generally such people. If they don’t have the conceit to dominate the world and be number one in the world, how can a company be the number one in the industry?

There is no way to build a great company by being cautious.

Only with an ambitious entrepreneurial concept and a pioneering spirit can it be possible to make your company bigger and stronger.

Zuckerberg never felt that he was worse than Xiao Qi. He was also very interested in smart electronics, but this was after he developed Facebook.

Only when Facebook develops well, can he free up his hands and slowly combine smart electronics and Facebook to create a brand new Internet giant, thus creating his own world!

Monday, February 13th, the day before Valentine's Day.

With much anticipation, at nine o'clock in the morning, on the second floor of the Nasdaq stock market, Facebook's president Zuckerberg initiated the market opening ceremony and announced the official listing of Facebook.

Facebook expects a total share capital of 10 billion shares, each worth $12.

Although the value of each share is considered very low in Nasdaq, its total number of shares is too large, and the valuation of the IPO is also too high. This time, it released 40% of its shares in one go, which is The release of 4 billion shares really made many people sweat for them.

Including Zuckerberg, he also had some doubts in his heart, but he still smiled on the surface, looking confident.

He also joked with Nasdaq chairman Sisrna next to him: "Miss Tang didn't come because she had more important things to deal with, and I was afraid that she would be kicked out if I disturbed her. But she has said Now, if these shares break, she will start the acquisition mode, so that people can no longer buy Facebook stock."

Srna laughed unconsciously, seeing his good attitude, but also admiring him, this guy is indeed a genius second only to Xiao Qi.

The US$120 billion IPO listing is the first time in the history of Nasdaq. If it is done well, it will be a good thing for Nasdaq and Facebook, but if it fails, Facebook will become everyone. It's a laughing stock!

At the same time, he did not believe Zuckerberg's words. It is not very wise for Tang Mingxiang to buy stocks with a value of more than 100 billion US dollars.

Between the two talking and joking, the stock market has already had some reactions.

"Up! Up! Up!!"

A vice president of Facebook clenched his fists and shouted in a low voice.

Zuckerberg followed his eyes and saw the stock with the Facebook code on it. Now the price has jumped to 12.6 US dollars, and the next moment it quickly jumped to 12.8 US dollars.

Afterwards, the stock price suddenly dropped to 12.3 US dollars, but after a stalemate at 12.3 to 12.5 US dollars for a few minutes, there was a huge amount of buying orders quickly, chasing the price all the way up to 13 US dollars.

In just ten minutes, Facebook's stock was like a roller coaster, up and down, which made people a little scared.

Rao Zuckerberg, who has a city like Zuckerberg, shook his head secretly. This kind of suffering is much more difficult than running a company by himself.

Fortunately, this kind of thing only needs to be experienced once. If it happens a few more times, I'm afraid my heart will not be able to bear it.

Facebook's stock affects not only the people present, but also investors from all over the world.

Countless people are holding banknotes in their hands to see if they can pick up a bargain, or get in in time to get a good start.

Seeing that Facebook's stock has been pushed up all the way, some investors who were originally optimistic about Facebook were unable to stabilize, and gradually began to place buy orders.

100 lots, 200 lots, 500 lots, 2000 lots...

After the trickle came together, Facebook's stock price also continued to move forward steadily.

Although it is not as exaggerated as other people's stocks jumping 50% or 100% at the beginning, Facebook's steady rise has made more investors feel at ease. After all, no one wants to buy a stock that keeps skyrocketing and plummeting. The stock... Well, the main reason is that they are afraid of a sharp drop. Most people who hate skyrocketing prices have already sold their stocks at low prices.

By the close of trading at noon, Facebook's stock price was stable at $13.76.

By the end of the afternoon, Facebook's stock price was fixed at $14.22, which happened to be a total increase of 18.5%, and it had a good start.

Not only Zuckerberg and Goldman Sachs breathed a sigh of relief, but Tang Mingxiang, who was also paying attention to Facebook's listing at home, also relieved his mood and leaned in Xiao Qi's arms with satisfaction.

Finally, I can concentrate on preparing for the baby! (~^~)