Chapter 173: The Apple Again (3/3)
It's no secret that China's high-quality Internet companies like to come to NASDAQ for listing.
Speaking of which, it can be regarded as a forced choice, Ye Dongqing knows a little about some relevant news, such as the fixed requirements for profits, technology companies often need to go through long-term financing and cash burning in the early stage to achieve the company's final profit goal, but on the other side of the Pacific Ocean, according to the listing rules, the company needs to achieve profitability before it can get financing, and this alone will turn away a large number of technology companies.
In addition, the difficulty of queuing up for listing is also the key, and the rules of different rights of the same share are not supported, people call them "AB shares", and the voting rights of B shares may be ten or twenty times that of A shares, and most Internet companies need a lot of financing in the early stage, which will lead to the loss of equity.
The start-up team often does not hold many shares, but in the company's control, the right to speak is not small, which is the same share of different rights, which can not only ensure the company's good capital circulation, but also avoid the founder team being coerced by capital and easily kicked out by rich investors.
Combined with these, it is indeed better to be listed on the NASDAQ, and the trading system is more open and transparent.
A group of people were walking the streets, and the weather was already a little hot at the end of May.
Ye Dongqing was going to take Poni Ma and others to Apple without prior notice, but there were so many Apple shares in his hand that it was almost impossible to be kicked out, so he didn't have to worry about anything, he went first.
He said to Boni: "I am in favor of letting Tencent go public on the NASDAQ, I have met Mr. Bernard Madoff, the chairman of the NASDAQ, a few times at the party, and I believe that the other party should be willing to help, but I suggest that it is better to wait until the end of next year, or the year after that, and then Tencent is already making a profit, isn't it?
Now the global Internet industry is still sluggish, there are some signs of recovery, but investors still lack confidence, it is not a good time to go public, otherwise I will let Facebook go public, but like Tencent, its value is still underestimated, and now the IPO will lead to the loss of some long-term benefits. I know that many companies are developing very well even if they are not listed, and I can help you solve part of the funding problem, unless you are not optimistic about the future development and hope to cash out some of it, otherwise I can't think of any reason to rush to go public. ”
The main reason for the willingness to provide loans is for long-term interests.
Now that the listing is definitely a loss, look at Google, it is really unbearable to start the idea of going public, and the current valuation has reached more than 10 billion US dollars.
In Boni's eyes, Ye Dongqing undoubtedly belongs to the kind of people who are both smart and successful, grew up in the United States, and knows the rules of the game better, and said hesitantly: "Of course I am optimistic about our company, I don't have much money to spend on myself, if you are willing to provide loans, it is no problem to go public in four or five years, the performance has been very good this year, and the profit is almost 30 million US dollars, in fact, there is no need to accept loans, but we can develop faster after getting the money." ”
"Then I suggest you wait a little longer and be more patient.
Didn't you plan to list in Xiangjiang last time, and I haven't asked you why you suddenly changed your plans?"
"Because it's more troublesome, and I think investors in the United States understand the Internet industry, after all, it's already a mature market, a few days ago, the people of MIH Group also suggested that I come to the United States to go public, they have similar ideas as you, and I don't think there is any need to rush to go public, I will seriously consider it, most likely I can wait." Pawney said.
They had already arrived at the building where Apple was located, Ye Dongqing made a phone call and went out, and soon someone went out to greet them.
The listing arrangement is officially shelved, and neither Ye Dongqing nor MIH Group wants to go public in the near future, so that their shares will shrink because of the pitiful public funding, and I believe that Bony will consider their correct proposal.
......
The warrants have not yet been delivered, so Freshwater Investment Group has not yet been given the right to appoint a board of directors to help oversee Apple.
With more and more stocks in hand, Apple's senior management already knows that there is such a person as him, and the executive in charge of reception is named Tim Cook, that is, after Jobs' death, he will take over the position of CEO of Apple, and Tim Cook is still in charge of the company's operations and sales business, and his ability is quite good.
After introducing each other, Cook told Ye Dongqing: "Mr. Steve Jobs, the CEO of the company, is in a meeting, judging from your recent large-scale increase in Apple's shares, you must already know very well that my boss is right, no one will invest in a company that they don't understand." ”
"I'd love to be able to talk to Mr. Jobs in person, and that's one of the purposes of my visit today, iPods have been selling so well lately, maybe I'm right, those warrants might help me make some money. ”
"On that note, I guess you don't have to worry, as far as I know, the premium on those warrants is not too high, and some shareholders are starting to regret it. ”
iTunes came out for a month, which directly led to a sharp increase in iPod music player sales, and the stock price rose slightly, rising by more than 3.00 percent in nearly a month, not a skyrocket, Ye Dongqing still lost money after deducting the handling fee, but he didn't say this at the moment.
You know, this is just the beginning of Apple's success, it has been nearly 20 years since it was listed, resulting in Apple's equity is very dispersed, nearly 100 institutions hold its shares, and want to buy Apple shares from these institutions, it took a lot of energy from the employees of Tamsui Investment Group, and the harvest season is about to begin.
Boni's English is not very good, and an interpreter is helping to tell him that there is almost no change from the last time he came, Ye Dongqing is looking forward to meeting with Steve Jobs, and taking time to take Bony to feel Apple's corporate culture, and he tries to make this partner feel a little inspired, such as perceiving that the Internet does not only exist on computers, but will also develop on mobile in the future, which may be better than telling him directly.
It's been a while since the last visit, and the new iPod and the next generation prototype have just been developed, which can extend the playback time to about ten hours and make the memory larger.
Personally act as a translator and tell Pony some of the content of the conversation, if other people come to visit, forget it, Ye Dongqing is different, he is about to become the largest shareholder of Apple, so Cook's introduction is quite serious, and quietly tells him some prospects for the future.
To be honest, Ye Dongqing felt that some ideas were still too immature......