The listing of the three Internet companies is progressing very smoothly.

Because now is the peak of the Internet bubble, stock exchanges, securities companies, investment banks, etc. are eager for more Internet companies to go public so that they can make money from it.

Therefore, many Internet companies that originally had no investment value were forced to go public after just two years of establishment and did not even understand the basic business model. This is also one of the reasons for the formation of the Internet bubble.

The three Internet companies under Xiatian all have mature business models and development contexts. And unlike other Internet companies, they are still in the loss stage and can continue to develop by continuous financing. Xiatian's three companies have achieved profitability since last year.

Like Lexiang Reading’s subscription fee is more than $5 billion and advertising fee is more than $10 billion. Therefore, high-quality companies like this, those stock exchanges, securities companies, and investment banks are eager to go public quickly, so they give the green light all the way.

The valuation given by securities companies is also quite high. For example, the market value of Lexiang Reading is estimated to be around 130 billion US dollars, the valuation of Kuaike Chat is around 120 billion US dollars, and the valuation of Lightning Email is around 60 billion US dollars.

The reason why Lightning Mail has the lowest valuation is that companies such as US Online, Yahoo, Microsoft and others all provide email services, so it faces the most competition.

...

After the launch of Kuaike Chat, although a large number of online chat software emerged around the world, Kuaike Chat seized the opportunity and made a global layout at the beginning. Global Internet was already monopolizing the market before other chat software rose.

Therefore, although the chat software that emerged later may have won many markets in a certain area and a certain special service, Kuaike has the largest number of users worldwide.

Online social software has always been a winner-takes-all winner.

For example, a large number of online chat software emerged in the early years of the mainland, such as Yahootong, Groom uc, NetEase Bubble, Whiteness and Whiteness Hi, Microsoft's Msn, etc., but in the end, Tengxun's QQ was the only one who unified the world. In terms of Weibo, Tengxun had launched his own Weibo in the early days, but in the end, the groom's Weibo was the most well-known.

So Kuaike Chat has the most users and the greatest influence. According to the Matthew effect, it will sooner or later squeeze out these competitors. Therefore, its valuation is much higher than that of Lightning Email.

...

As for Lexiang Reading, although major portals provide information services, it has to be said that Lexiang Reading is more powerful in this regard. Because it is a huge information platform composed of more than one million self-media all over the world.

So many self-media far exceeds any publicity platform in the world, so Lexiang Reading can provide users with colorful and colorful fresh information.

No information platform in the world can match this advantage. Moreover, they want to imitate it and are not very good at imitating it.

First of all, Lexiang Reading has a first-mover advantage, and it has attracted a large number of readers, contributors and advertisers.

It is very difficult for other platforms to surpass it. Not only do they have to invest a lot of money to recruit contributors, but they also have to spend a lot of effort to attract readers. Even so, they may not be able to succeed.

Just like the site, although the site has been launched after the starting point, the websites such as Wind, Chuangshi, 17k, Sweet Potato, Feilu, etc. have been released one after another, but it has to be said that the starting point of taking the first-mover advantage is always the big shot in the online literature industry. Even if other websites frequently poach and frequently carry out activities to attract readers, they have never affected their status.

Secondly, Lexiang Reading’s technology is the most advanced. Lexiang Reading uses Google’s search engine, which can help readers find the information they want as fast as possible. Lexiang Reading also adopts the “big data recommendation” model, which can push the information users like to them.

This completely changed the way readers read. Before, readers were looking for information and looking for what they wanted to read in the vast sea of ​​information. Now, it was changing to information to find readers. Readers no longer have to search for it, and a large amount of favorite information came to their eyes. In this way, it will naturally save time, effort and worry.

Although other portals also provide information services, it has to be said that it is still in the early stage of "people looking for information". The richness, diversity and intelligence of the content are too different, and there is basically no decent competitiveness.

For this reason, the investment community's valuation of Lexiang Reading is around 130 billion US dollars.

...

The total valuation of the three Internet companies is as high as US$310 billion. With such a high valuation, once it successfully promotes listing, the securities company's revenue will start at least US$5 billion. This makes investment banks across the United States excited and ready to take the business back.

Therefore, Xia Tian didn't have to worry about the listing of these three companies. As soon as he let out the wind, investment banks across the United States came in a flood, hoping to take over the listing orders of the three companies. His attitude was quite positive and the services provided were also quite thoughtful.

After considering the matter, Xia Tian handed over the task of listing these three companies to Merrill Lynch on Wall Street.

It is chaired by Stan Olind, one of the members of the Zion Presbyterian Church, and Xia Tian has always had a tacit understanding with the Zion Presbyterian Church.

"Mr. Xia, let us leave the listing of the three companies to Merrill Lynch. You are absolutely relieved. We will definitely sell it for a good price." Stan Olind smiled.

When a company goes public, it is operated by different investment banks, and the results may be very different.

A powerful investment bank can package an ordinary company into a child giant with unlimited prospects. A mediocre investment bank can sell a company with great potential at the price of cabbage.

Merrill Lynch Investment Bank is one of the world's largest securities retailers and investment banks, and enjoys extremely high reputation in the industry. Back then, the famous Ford Motor Company successfully went public with its help.

The three companies, Kuaike Chat, Lightning Email and Lexiang Reading, are responsible for listing, and they will naturally achieve very good results.

"I'm sure I'll feel relieved if I leave it to you." Xia Tian smiled, "I believe you won't let me down."

"That's natural." Stan Olind smiled, "By the way, Mr. Xia, you have been selling companies and raising funds recently. Do you have any good opportunities to make a fortune by raising funds so hard?"

Summer now not only needs to promote the listing of three Internet companies, but also sell Tianxia Products to American Online. In this way, he raised more than 200 billion US dollars. Wherever he wants to invest in the future, it is a very concern.

"There are no good investment opportunities? I just want to pay back the bank loans to make the group's debt ratio healthier." Xia Tian smiled.
Chapter completed!