Chapter 263: Unprecedented
That night, a small word spread on Wall Street.
"Did you hear that Warren Buffett personally visited the chairman of the board of directors of Meigou.com, and he should have bought the shares of Meigou.com!"
"Hey, have you heard, Buffett and the Meigou roadshow team have met, and Berkshire has subscribed to the shares of Meigo.com!"
"Don't you know yet? Warren Buffett has bought all the shares of Meigou.com! What are we hesitating about, let's go to the queue early tomorrow morning. ”
"Berkshire has subscribed to at least 100 million shares of Meigou.com! There's not much left, I don't know if we'll be able to grab it tomorrow. ”
"Did you hear, Buffett is going to buy all the 350 million shares of the public financing of Meigou this time, this old man is too greedy, he won't leave us any soup, no, I'm going to protest to Meigou tomorrow!"
……
The rumors are like this, the more they spread, the more outrageous they become, and in the end, the meeting between Buffett and Wang Ye turned into the cancellation of this roadshow, because Berkshire bought all 350 million shares!
At this time, many people couldn't sit still and contacted the contact person of Citibank for this roadshow event.
After repeated assurances from the contact, he swore that Berkshire did intend to apply for shares in Meigou.com, but there was no all-inclusive statement.
Thanks to Citi's efforts and explanations, everyone was relieved, but in the investment circle in the United States, everyone knew about this roadshow of Meigou.com.
Red Bull Capital's Bruce and Bull, of course, heard the news as well.
"Hey, Bull, Warren Buffett is really going to buy a stake in Meigou.com, that's big news!" Bruce said excitedly.
Bull shrugged, "He's bought a lot of stocks." ”
But you also have to know that the stocks that Buffett buys are basically bullish, not to mention, this time Meigo.com is an Internet company! Everyone knows that Buffett doesn't like to buy shares of Internet companies. Bruce argued.
But he bought Amazon, which is a standard Internet company. Bull said with a smile again.
"How much has Amazon gone up in recent years?" Bruce retorted.
He glanced at Bull and thought to himself that this kid was really unenlightened, he couldn't understand such an obvious thing, no wonder he hadn't made any money from the few investments he had proposed this year. If it weren't for the ability of Bulla's client, Bruce would have fired him long ago.
Bull seemed to wake up from a dream and patted his head: "Yes! Warren Buffett has invested in an Internet company, and that is Amazon! And Amazon's stock price has risen outrageously in recent years! Meigou is the second Internet company he has invested in, and it seems that he is very optimistic about this company.
"It's not Amazon second, it's Amazon in China, and their business models are all similar. Bruce patiently explained.
"Then are we going to raise the subscription price of Meigou and then increase the investment?" Bull suggested.
Bruce groaned, and the guy finally reacted!
……
June 11, Four Seasons Hotel, Upper East Side, New York.
The hotel staff was surprised to find that from 8 o'clock in the morning, a lot of well-dressed people suddenly came.
These people, mostly middle-aged men, all dressed in suits and leather shoes, with dignified appearances and briefcases in their hands, gathered in the lounge area of the hotel lobby or in the café next to it.
But don't go to the front desk to check in!
As time went on, the crowds grew and the hotel lobbies became crowded.
"Manager, what's going on today, why are there so many people?Is there any big event?" the waiter asked the lobby manager quietly.
"Oh, isn't there an IPO roadshow for a Chinese company today, these people are all here to participate in the roadshow. The hotel lobby manager replied nonchalantly.
He was thinking about a question, this roadshow only started at half past nine, and now it is only half past eight, and so many people have already come.
Will there be more people after a while, but if that's the case, I'll have to find a way to maintain order on the scene.
As he expected, by nine o'clock, there were more and more people!
The venue of this roadshow is the large conference hall on the 17th floor of the hotel, and now not only the 17th floor is full of people, but even the lobby cannot stand, and even the gate is crowded with people.
"Damn, we're too late, we can't even get in the hotel door right now!"
Bruce grumbled.
He discussed the matter with Buhl last night, and the discussion was too late, and he got up a little late this morning.
As a result, when he drove to the Four Seasons Hotel, he found that there was a long queue in front of the hotel, and many people in the team he knew, obviously those in the investment circle.
Complaining is complaining, and Bruce and Bull can only obediently line up at the end of the line, waiting to enter.
……
"Pete, there are a lot more people here today than we expected!" Citi's on-site staff said excitedly to Pete.
Of course, Buffett's influence is still very large, and the investment circle was originally very optimistic about Meigou.com, but now Buffett has added another fire. Pete said smugly.
Of course, Pete contributed to the fact that Meigou was able to let Citibank be the lead underwriter, and after this incident, he was estimated to be promoted.
When the time came to a quarter past nine, the queue began to enter.
This large conference room can accommodate 800 people, but today it is significantly more than that.
Pete hurriedly contacted the hotel staff and found a way to add some simple chairs to the venue, which these people couldn't turn away. Behind everyone, there is an investment company, and there may be tens of millions or even hundreds of millions of funds.
Roadshow, the name sounds quite lofty, but it is actually like a domestic "tea party".
It's the management of Meigou and the interested investors, everyone sit down and have a good chat.
Investors will ask some questions that cannot be seen in the information or cannot be explained, and the management of Meigo.com will answer these questions to all the interested investors on the scene.
After Bruce and Bull entered the court, they first looked around, and sure enough, they found Buffett in the middle of the first row.
"Sure enough, the rumors are true, Berkshire really has a strong intention of Meigo.com, otherwise, it wouldn't be Buffett himself!" Bruce said happily.
The investment circle also likes to hitchhike, like Buffett, who has already proven himself, of course, is the "old driver", this time he drove himself, a small investment company like Red Bull Capital, how can it not be a quick hitchhiker.
Sure enough, as soon as the roadshow began, many questions from interested investors were directly directed at Buffett.
"Excuse me, Mr. Buffett's Berkshire, has reached an agreement with Meigou to invest in your company, and if it is convenient, can you reveal how many shares Berkshire has subscribed for?"
The first question is about the investment rumor in the circle, if you don't understand this question, how can you have the heart to ask anything else.
There is nothing to hide, but Wang Ye is not convenient to answer by himself, he looked at Buffett with a smile, with an inquiring meaning in his eyes.
Buffett comprehendedly motioned to the staff next to him to bring the microphone.
Taking the microphone, Buffett got up and turned to the back, and said with a smile: "This question, I should answer it more appropriately." ”
Indeed, after careful research, Berkshire decided to participate in the IPO fundraising of Meigou.com, and as for the number of shares subscribed, 100 million shares! If the price is right, it cannot be ruled out that there will be more. ”
There was an uproar at the scene, and a total of 350 million shares were put up for sale in the IPO of Meigou.com.
This is the largest IPO in recent years, and Berkshire has such a big appetite that it wants to take 30% of it alone.
"Mr. Buffett, as we all know, you don't like to invest in Internet companies, but you have invested in Amazon, so do you think Meigou will become the second Amazon?" asked another person impatiently.
Buffett shook his head and explained, "First of all, I want to correct the point that I think Amazon is more than just an internet company, in my opinion, it's more like a traditional company. Because Amazon's core competitiveness is not technology, but service and a huge customer base accumulated over the years!"
"You can think about it, can such a company be regarded as a pure Internet company?
"Internet companies such as Amazon and Meigou are actually just traditional enterprises in the cloak of the Internet. Looking at its essence, it is not much different from traditional department stores, but they rely on the Internet, which is equivalent to opening a super-large department store to the whole country and even the world, which is incomparable to the traditional department store industry!"
There is a lot of discussion among investors in the market, which is a unique perspective, and it is understandable if Buffett says so.
Amazon, Meigou.com, including e-commerce platforms such as Alibaba, which has not yet been listed, do not rely on technology as their core competitiveness.
It should be said that these e-commerce companies are the transformation of the traditional trade industry in the Internet era.
No wonder Warren Buffett's Berkshire invested in Internet companies twice, both of which chose e-commerce companies, and it seems that this is an investment trend in the future!
After speaking, Buffett sat down, Wang Ye thanked him, and then continued to let the investors present ask questions.
"Mr. Wang Ye, what is your purpose in designing the equity structure of AB shares with different rights to the same shares, and what is a bit outrageous is that the voting rights of Class B shares in your hands are 10 times that of Class A shares! ”
Wang Ye smiled slightly: "I think this question is easy to understand, no one should know better than me about the current situation and future development of Meigo.com."
Investors like you, who invest in Meigou.com, want rich returns, rather than want to participate in the management of the company.
So, I'm going to manage the company, and everyone just needs to get the dividends on time, isn't that great? ”
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