Chapter 443: Ten billion, super rich
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No entrepreneur can resist the temptation of listing, because listing means making wealth, which means that they are just a bunch of stock numbers with very vague evaluation concepts, which will be directly equated with money.
Furthermore, Google has reached a point where it has to go public.
After several years of development, the scale has continued to expand. Especially when Chen Tian was intentional or unintentional in leadership, the company's development has far exceeded the original state. Moreover, the company has always advocated the implementation of employee shareholding. Therefore, by 2003, the company's shareholders had exceeded 500, one year ahead of the original time and space. According to the provisions of the US Securities Law at that time, the company needed to issue financial announcements and submit relevant financial statements within 120 days after the end of the year when the threshold was reached.
In fact, Google faces three options at this time: one is to adjust its equity structure and reduce the number of shareholders to less than 500; the second is to continue to become a private company and release financial reports like listed companies; the third is to list.
Therefore, Chen Tian is very cautious about such an opportunity to go public.
As early as when he had the plan to go public, he began to create a lot of gimmicks in a planned manner. In terms of public opinion guidance, he highlighted his image as an entrepreneur other than an actor, and even asked Kate to help him walk through, attracting all his attention.
Because there is a superstar boss, Google attracted media attention far beyond ordinary IT companies before it went public. Internally, it has improved its own strength and made its own technology level always higher than Yahoo for more than two years, and preventing hostile giants such as Yahoo and Microsoft from making trouble behind the scenes. It is also to attract others' appetites.
"Gentlemen and ladies, I sincerely thank you for taking the time out of your busy schedule to attend our Google Group listing ceremony..."
Some people are naturally suitable for big scenes, and Chen Tian stood on the stage. He had already replaced his identity naturally. As the chairman of the board of directors of Google Group, he will speak on behalf of the entire board of directors to all the people participating in the group's listing on the New York Stock Exchange. He gives confidence to all investors around the world who pay attention to Google stocks.
Everyone at the scene calmed down and listened to his speech. Only a few reporters kept pressing the shutter, leaving behind crazy flashes.
Chen Tian had no manuscript at all, and his speech blurted out:
"Today, Google's listing has gone through hardships, but it has finally taken this step."
"Five years ago, Google had only a few people, staying in a broken car warehouse. Just like I, five years ago, just came to the United States. I got the first chance to start filming my first movie."
"The Internet was still a very novel thing at that time, and I was already fascinated by it when I first came into contact with it. But on the Internet, I obviously wouldn't be a master. I wanted to find something that would be helpful to the movies, but the messy website had no plans and no directories, which made me very troublesome. By chance, I came across an experimental version of Google Search."
"That was an immature search engine, but it helped me a lot. I found precious materials that I hadn't seen for a long time. In this regard, I began to care about this website. Then I found Brin and Page, and then I had Google today."
...
"Google's standout has unstoppable leading position in the search industry. Whether it is Yahoo or Microsoft, they are just following the trend. We are a company that is good at creating miracles. Although many experts are still not optimistic about us today, they will inevitably fail."
"It's a coincidence that this situation is very similar to a recent movie. At first, it was not optimistic about all kinds of things. Investors withdraw their investments and the release is not settled. The media criticized me for waiting for my Waterloo. But now it has achieved a sensational effect as soon as it was released. It also won a box office of over 1 billion US dollars worldwide, ranking second in the world. I wonder if you have ever seen this movie..."
"have"
There was a crazy response from the audience. Applause rumbling.
"This is the case today. No matter how experts are not optimistic about it, our data reports will give all shareholders confidence. Once Google announced its upcoming decision, it triggered crazy attention from global capital. We raised $3718281828 in the shortest time, which is the best proof. The reason why we have not broken the industry's listing record is not because there are only so many, but because we only raised so much."
"I have been in the United States for so many years and I have always given people the impression that it is humble, but today I want to say something arrogant. In the past seven years since I came to the United States, I have never failed. Whether it is movies or Google, my movies initially had to fight for the producers for penny funds, but now my movies are so popular with film companies. I just want to say one thing to all investors: You ignore us today, you will not be able to reach us tomorrow, and you will choose today."
"Thanks!"
With his last speech, this most arrogant listing speech on Nasdaq was born.
All the reporters in the audience were like crazy, feeling that their scalp was about to explode. "It's so fucking that there's a news explosion." They seemed to be able to see the scene of newspaper sales rising steadily.
It was getting late, and after a toss, it was already 9:28.
"when!"
With a loud bang from the Golden Bell, Robert Grefield and Brin, who are currently the CEO of Nasdaq, and Page personally opened the champagne. In the scent of the wine, a group of employees who participated in the listing of Google Group were extremely excited.
With a crisp "click", a group of executives took a group of photos together at this glorious moment under professional photographers.
From left to right, David Kline is currently the director of Google's global communications and public affairs department. George Reyes is currently the chief financial officer of Google. Eric Schmidt is currently the chief executive of Google. Larry Page is currently the president of Google's products. ... There are also senior officials of Morgan Stanley, the main underwriter of Google's listing, and Credit Suisse's first Boston Bank.
Guests, media, and business people quickly gathered Google and their group in a circle to send blessings.
"Chairman, your speech just now is really... very domineering, and even I feel my blood is rising."
Bryn gave champagne and said with a smile.
Chen Tiandun smiled faintly and said, "Google has already embarked on the right path. I want to step down as chairman of the board. Do you have any good choices?"
Brin and Page looked at each other. They were not unfamiliar with this result, and they were powerless to stop it, because Chen Tiandu's focus was obviously not above Google. There were factions within Google. Fortunately, Chen Tian, the largest shareholder, never did this, and he handled it impartially and never favored anyone. He never deliberately increased his authority in the company. Even Donnie, who was "fucking" with a fake role, was dismissed by him as an agent and worked as his lawyer. All of this made him increasingly powerful in the company.
"This question still needs to be considered for a long time. Do you have any good candidates?"
Chen Tian didn't beat around the bush and said, "I recommend Eric Schmidt as executive chairman, Brin, you and Page are one of you, as CEO. The other is devoted to the company's products. What do you think?"
The two were stunned, not expecting to be so direct. But they thought about it all over and over, but they couldn't think of a better choice than this. They nodded helplessly and said, "This is indeed a good decision. We will negotiate carefully when we look back."
The U.S. stock market trading time is long, from 9:30 to 4:00 pm Eastern Time, that is, from 10:30 to 5:00 am to 5:00 am in Beijing time. Because there is summer time in the United States, the trading time in summer will be one hour ahead of the winter, from 9:30 to 4:00 am to 4:00 am in Beijing time.
It is now 9:30 in the evening in Beijing. Google stocks opened on time at 9:30 in New York. As soon as they opened, the stock price immediately rose by 18%. From the price of $85 to $100.3. Moreover, the transaction volume was extremely active. Within a few minutes of opening, the trading volume soared to 4.5 million shares. A huge amount of funds were circulating every minute.
Affected by Google's listing, the stock prices of the other two major search engine companies Yahoo and Qingwen Gives fell at the same time.
Google became a listed company like this.
This 18% increase not only increases the "paper wealth" of Google shareholders, but also from today on, Chen Tian will become one of the most popular young people in North America and even the world.
Gle's closing price on the day was $108.34, with a trading volume of more than 22 million shares, making it one of the ten most active stocks trading on the Nasdaq Stock Exchange.
Google, which has been established for only 6 years, has a market value of US$ billion, almost on par with General Motors.
In this iPo, Chen Tian has been diluted a lot of shares. He received $360 million in cash, but he still holds most of Google's 40.3% of the shares.
Based on this closing price, Chen Tiandu's 40.3% of the stocks worth up to US$8.2 billion. Compared with this US$9.269 billion, it is simply a slight witch.
Employees who buy Google shares or obtain options at a lower price will also receive generous returns. In the next 180 days, they will be allowed to sell their shares. According to data, an estimated 950-1,050 employees in Google's nearly 00 employees will become "paper millionaires."
Gle also announced in a timely manner that its operating income in the third quarter of this year was US$900.2 million and its net profit was US$109.1 million, while its operating income and net profit value in the first quarter of this year were US$651.6 million and US$64 million respectively. The second quarter revenue was US$789.5 million and US$85.6 million.
This series of figures further enhances the confidence of investors.
Buffett did not expect that his accidental choice would bring him a smart investment. The media on Wall Street also licked his butt and hurriedly sent all kinds of praise to the stock god. No one would dislike his wealth. Buffett did not participate in any management of Google, nor did he attend the bell ringing ceremony, but he was still one of Google's shareholders.
After Google's popularity went public, he also rarely appeared at the banquet that night, stealing Chen Tiandu's attention. (To be continued)
Chapter completed!