Chapter 582: NASDAQ
Chapter 582: NASDAQ
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NASDAQ, the full name of the National Association of Securities Dealers Automated Quotation Form. It is part of the NASDAQ Stock Market Company. It was originally the American Association of Securities Dealers, a platform set up to regulate chaotic over-the-counter trading and provide financing for small businesses.
However, since its establishment in 1971, with the growth of technology giants such as Microsoft, Oracle, and Cisco, the NASDAQ has become the second largest securities trading platform in the United States and the second largest in the world after the New York Stock Exchange. More than 5,400 listed companies have attracted the attention of global capital markets. Every time a company goes public, it is a feast of capital.
And this time, LinkedIn, as a high-profile technology star in Silicon Valley, will almost certainly become the object of competition from many investors again.
New York's Times Square, CondΓ© Nast Building, the office address of the NASDAQ Stock Exchange, there are more people today than at other times.
"Boss, we arrived. β
Guo Shouyun nodded, glanced at the listing video of LinkedIn played on the super-large electronic screen next to him, and lifted his foot in the car.
Walking down the red carpet into the trading floor, a boiling heat wave swept in instantly.
In the hall full of electronic display screens, countless people in suits are crowded, smiling and communicating with each other, making the hustle and bustle here almost boiling.
Of course, in these streams, Ruby and LinkedIn executives are undoubtedly the focus of everyone. However, the moment Guo Shouyun stepped into the hall, more and more people shifted their attention to him.
Today, he is the protagonist here.
"Mr. Guo, long time no see!"
"Mr. Finn. After holding Blank Fein's outstretched right hand, "I would also like to congratulate Goldman Sachs on winning the listing underwriter qualification of Biogenomics, which is one of the most popular companies in the biotechnology field." β
"I didn't expect Mr. Guo to pay so much attention to Goldman Sachs, but if I want to say congratulations, I should congratulate Mr. Guo even more. In 2000, he was able to discern the pearl and invest in the biogene company early. Today, Phoenix Bank owns nearly 15 percent of Biogenomics, worth more than $2 billion. The profit of nearly 100 times is much more than that of Goldman Sachs, which has been qualified as a listed underwriter. β
Guo Shouyun smiled. The Internet and biotechnology have always been the focus of his investment when Phoenix Bank was still Phoenix Capital. Now, with the passage of time, the economy has grown, and the assets of Phoenix Bank, which has now merged with Phoenix Capital, have expanded faster than anyone expected.
Especially with the appreciation of the stock prices of Yahoo and eBay, and the rapid development of BlackBerry, even if Phoenix Bank does nothing, the shares of the three companies can bring it $50 billion in book assets in three years. Moreover, this asset is not a public asset, but a self-owned asset, that is, its own capital or tier 1 capital, which is often used in the bank's valuation.
"Although we make a lot of money, we also pay a time cost. And Goldman Sachs made a small amount, but it did not waste three or four years. So we are each other. Guo Shouyun said with a smile.
"Mr. Guo is humble. If I could, I'd rather switch business with Phoenix Bank. β
After a brief chat, Guo Shouyun let go of his right hand and held the right hand of the middle-aged man in a brown suit next to him.
"Hello, Mr. Guo!"
"Didn't Mr. O'Neill come?" Guo Shouyun asked with a smile after nodding.
"He went to China on a business trip, so the board asked me to represent Merrill Lynch on LinkedIn's IPO. β
Bob Cunningham, the COO of Merrill Lynch, is the No. 2 person within Merrill Lynch, behind Stan O'Neill, who is both chairman and chief executive officer.
"I see!"
"How long is Mr. Guo going to stay in New York this time?"
Guo Shouyun's heart moved slightly, and after quickly sweeping Bob Cunningham's face, he smiled indifferently: "It depends on the situation, but it should stay for a while." β
"I hope to have the opportunity to have lunch with Mr. Guo!"
"I think there will be this opportunity. β
After chatting, Guo Shouyun's attention shifted again.
"Mr. Winslow, it's an honor to meet you!"
"Mr. Guo is polite, and it is also our honor that LinkedIn can be listed on the NASDAQ. β
Hassan Winslow is the CEO of Nasdaq Stock Market Inc.
It's different from China's stock market. In the United States, both the NASDAQ and the New York Stock Exchange are privately listed companies, not state companies. There is also competition between them, and it is more intense than the stock exchange of public ownership. When LinkedIn went public, both the Nasdaq and the New York Stock Exchange personally sent people to fight for it, but Guo Shouyun eventually chose the Nasdaq, which is more suitable for technology stocks.
"Choosing NASDAQ is a win-win for LinkedIn and for me personally. Guo Shouyun said with a smile.
"Of course!"
After a brief exchange between the two, Guo Shouyun greeted the heads of major investment institutions of LinkedIn, such as Steve Schwartzman, CEO of Blackstone Group, Mitt Romney of Bain Capital, etc., and walked to the temporary rostrum in the hall surrounded by Tim George and a group of LinkedIn executives.
When he stepped on the red carpet and faced a group of capital market elites, preparing to speak, he also appeared on the huge screen in Times Square in New York.
At this moment, under the spotlight, Guo Shouyun looked extremely young and confident.
"Hello ladies and gentlemen. I'm Bruce Kwok, chairman of LinkedIn. It's a great pleasure for you to be here at LinkedIn's launch, and thank you very much for your trust in LinkedIn. After a loud round of applause, "Looking back, when I first founded LinkedIn, it was a rudimentary program installed in my Stanford dorm computer, and it could crash if it ran even faster." β
ββ¦ But after more than four years of painstaking development, LinkedIn, a humble computer program that once focused on professional networking, has grown into an Internet company with 213 million users in nine languages and 19 countries around the world. β
ββ¦ Moreover, in addition to professional networking, we currently have six categories of business, including employment agency, blog, email, library, classroom, and forum. In the field of intermediaries, we have reached a comprehensive cooperation agreement with five headhunters, namely Korn Ferry, Spencer Stuart, Heidrick & Smarter, Egon Zehnder and Russell Reynolds, and the two parties will combine their respective advantages to provide more possibilities and development opportunities in the field of senior talent job search. In addition, in the field of low-end talent employment intermediary, we are also constantly expanding the scale of cooperation, and have signed cooperation agreements with 1,623 intermediaries in 13 countries. β
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