Chapter 577: Ruby Company

……

After entertaining Zhao Junchen, he explained the cooperation between the two sides to Rebecca Mark, and continued to stay in Brazil for a few days, visiting several high-ranking political officials, before Guo Shouyun left on the Kunpeng.

Because he wanted to participate in the listing of LinkedIn, he did not return to San Francisco but went directly to New York.

"Boss!"

Tim George, who rushed to visit Guo Shouyun Manor early in the morning, said respectfully.

"Sit down!"

With a wave of their hand, the two sat down.

"Three more days is the time for LinkedIn to go public, are all things ready?"

"Boss, don't worry, everything is ready! By the way, this is the company's listing information, you can take a look!"

"Well, why did the stock go up? If I'm not mistaken, the initial issue price was $34.25. ”

"The boss had a good eye on it, and it was at first. However, in the later public offering, LinkedIn generated nearly 50 times oversubscription. After discussions with Merrill Lynch, Goldman Sachs and Phoenix Bank, the issue price of the 20 million shares was raised by $4, which is the $38.25 you see today. ”

Guo Shouyun flipped through the documents in his hand and nodded.

"Since you think it's appropriate, so be it... How's the company doing?"

After following Guo Shouyun for a long time, Tim George could hear from the tone of the big boss what he wanted to know. Moreover, he also made some preparations before coming this time, so he was familiar with it.

"Throughout 2003, the entire Ruby Company achieved a total revenue of 10.438 billion US dollars, of which the main business income was 9.22 billion US dollars, and the net profit was 1.943 billion US dollars. Liquid liabilities were US$483 million and structural liabilities were US$1.88 billion. ”

LinkedIn currently has 213 million registered users in 17 countries; in 2003, total revenue was $1.438 billion, including $1.22 billion in main business income and $313 million in net profit. Liquid liabilities were $83 million and structural liabilities were $280 million. ”

After Guo Shouyun nodded, "How did you talk to the five headhunters?"

"It has been agreed that we will get 15% of the shares and be on the board of directors, but not involved in the management of the company. ”

As LinkedIn becomes more and more capable in the field of professional networking, it has more and more resources at its disposal. Gradually, the five major headhunters, including Korn Ferry and Spencer, have formed upstream resource advantages. As long as LinkedIn chooses to support any of them, it is easy for them to become giants in the field. It is precisely because of this consideration that it is so easy when LinkedIn comes to the door to buy shares and establish all-round cooperation.

"Is there enough money for this IPO financing?"

"$765 million is a bit short, but the rest can be financed. ”

Guo Shouyun nodded. By completing this partnership, LinkedIn will be able to extend its influence into the entire field of professional networking and job search, and establish industry dominance. At the same time, you can also use the strong business capabilities of the five headhunters, which in turn strengthens LinkedIn's position and credibility in the field of professional networking.

"It's easier to solve problems by working together than by doing it alone. ”

Guo Shouyun couldn't help but think so.

With the accumulation of business experience, he feels more and more difficult to go it alone, and the more major projects, the easier it is to solve problems through cooperation.

After making a gesture to Tim George, I listened to him: "Today's News has formed 103 news gathering and editing centers in 21 countries, including the United States, Britain, France, Germany, Japan, and China, with 2,104 staff including reporters, cameramen, and editors, and 24-hour news gathering and editing capabilities, as well as news content in 13 different languages, including Mandarin, English, and Japanese. At present, we have 1.272 million subscribers to the online version of "Today's News", and 123,000 subscribers to the offline version that just launched this year. ”

Throughout 2003, "Today's News" achieved a total revenue of $138 million, including $92.2 million in main business income and $38 million in net profit. Liabilities totaled $23 million. ”

"It seems that having Rick as president of Today's News was the right choice. In a few years, "Today's News" has already had the style of an international newspaper. Guo Shouyun said with satisfaction.

"Rick is really a good journalistic talent. However, the main reason why "Today's News" can develop so fast is the strong support of the boss, without your large inflow of funds, to help "Today's News" through the initial stage of not being able to make a profit, I am afraid it is not as good as it is now. ”

"Money is only one aspect, talent is the most important thing. Just like you and LinkedIn, and now Ruby. Without your clever management skills, no matter how much money I invest, I would have done it with half the effort. ”

"The boss praised it!"

"Tim, don't be modest. I can see your contribution, and the allotment you will receive from this LinkedIn listing is not much. But when the whole ruby is on the market, I'm sure you'll get more rewards. ”

"Thank you boss, I will definitely work hard to manage the company well!"

Guo Shouyun nodded, "Go on!"

"Yes... Global Wealth Network currently has launched eight languages including English, Japanese, Simplified and Traditional Chinese, German, Spanish, Portuguese, Arabic and Italian, as well as 12 different sections including news, community, funds, stock market, futures, quotes, trading, etc. It has established business contacts with 2,289 different financial institutions around the world, including Seymour, Goldman Sachs, and Citigroup. ”

Now, Global Wealth Network has 53.278 million registered users, with total revenue of $143 million, net profit of $43 million, and liabilities of $187 million in 2003. ”

Tim George paused for a moment, and after glancing at Guo Shouyun's face, "Boss, Christina hopes to set up a money market fund under the Global Wealth Network!"

"She wants to get involved in the brick-and-mortar financial business?"

"Yes!"

Guo Shouyun guessed that Christina's establishment of a money market fund was just a temptation. If he agrees, she will continue to enrich the number of public funds under the command of Global Wealth Network. After all, it is difficult to get a brighter future like LinkedIn and Facebook with only the subdivided platform financial website of Global Wealth Network. If LinkedIn's development is limited, Christina, as its CEO, will not get too many shares. It is a matter of interest, and of course it cannot be taken lightly.

"Rejected her request. Global Wealth Network is a financial portal and platform, which is the entrance to guide the public to invest, not a financial company. Only by ensuring fairness can we attract those financial companies to work with us. Otherwise, once the financial business is introduced, it will compete with the other party. Even if it's just a money market fund or an index fund, it's enough to make the other party give up cooperating with us. ”

No one wants to develop a strong competitor, especially if there is an organization backed by a large company like Ruby.

"Understood!"

Skype, which currently has 130 million registered users, had $78 million in revenue in 2003 and a net profit of $42 million, with no debt. ”

Skype is a VoIP application based on the network voice transmission protocol, similar to the function of not having a circle of friends, it can send text messages in addition to VoIP service.

Skype's monetization model is simple, with no charges for online communication: all Skype users can make calls to landlines and mobile phones for a small fee.

Because there is not much advertising revenue, Skype's revenue is not much, but because it is an online service, it does not require too much operational investment, so the profit proportion is very high.

In addition, because he has not yet entered the era of smartphones, he has no plans to develop Skype in the direction of WeChat for the time being, but he doesn't mind trying it in the future. As for whether it can achieve the same success as WeChat, Guo Shouyun himself does not dare to guarantee, after all, there is a huge difference between the national conditions and user habits of the United States and China.

But it doesn't matter if it doesn't work out. He also has Facebook in hand, with Eric Schmidt's managerial talents, and his proper guidance. I believe it won't be worse than the Facebook in my memory in my previous life.

"After acquiring the company, PayPal has reached 167 million individual registered users. Yu'e Bao's precipitated funds were $7.74 billion. In terms of financial business, it has launched comprehensive financial cooperation with Phoenix Bank, involving comprehensive financial businesses such as funds, stocks, bonds, and insurance. In terms of life business, it has involved four business directions: retail, catering, entertainment and accommodation, with 327,000 commercial users of affiliated merchants, forming 1.328 million orders per day, involving an amount of 67.3 million US dollars. … In 2003, PayPal's main business revenue was $945 million, and its net profit was $389 million. ”

Tim George paused and saw that Guo Shouyun had no extra words before continuing.

Facebook, which has withdrawn from 13 languages including English, Spanish, Portuguese, German, Japanese, Traditional Chinese, and Arabic, now has 187 million registered users in 37 major countries around the world, and is growing at a rate of 37% per month, more than six times larger than similar companies, occupying a strong scale and first-mover advantage. ”

"It seems that the original 'open strategy' has worked. Guo Shouyun said.

"Definitely. The strategy of opening up the platform has allowed us to add hundreds of cooperative companies, although it has lost a lot of main business income, but it has enriched the functions of Facebook, and thus attracted a large number of new users to move in. In 2003, after the implementation of the open platform strategy, we almost doubled the number of users. … However, despite the rapid growth of the number of users, Facebook is not profitable. ”

"All the income is invested in the construction of hardware equipment, right?" asked Guo Shouyun.

"The owner is wise, it is. Because of the high growth of Facebook users, there was a huge demand for servers, so the data center in San Jose was no longer sufficient. This year, Facebook is preparing to build two new data centers with 2,500 servers in Chicago and Stockholm, Sweden. By next year, Facebook will have a total of 6,000 servers, enough to host 500 million data connections. ”