Chapter 199: Baidu is not something you want to buy, you can buy it if you want to
Facing Sun Buqi's ridicule, Xing Ming's face was slightly red, and he restrained his smile,
"Mr. Sun, your news is outdated, it was all the old Huang Li a few years ago, and the start-up company has not gone through a lot of twists and turns, especially in the Internet industry. If you want to talk about it, we don't have to go on, I have other things. ”
He bowed slightly and put on a posture of serving tea to the guests.
Sun Buqi did not move like a mountain, "Mr. Xing, you misunderstood what I meant. I'd like to talk to you about Baidu stocks, are you interested in getting involved?"
Xing Ming's face was stunned, "Half a year ago, Baidu carried out the third round of financing, and it was also the last round of financing before listing. Google invested $10 million and only got 2.6% of Baidu's shares before it went public, about 840,000 shares, or about 100 yuan per share. At this time, I still want to intervene, but I can only say that you are late!"
Professionals are different, all kinds of economic data are imprinted in their minds, and they get more information than Sun Buqi, a traverser.
A week ago, when he was in the capital, Sun Buqi gave Han Qing an idea to make a fortune: Baidu shares below 50 yuan can be won.
Now that I think about it, it was an impossible task to laugh off the big teeth of professionals!
There is no reference price for the stock price of any company before listing, and for companies with VC investment, the investment price is equal to the current market valuation.
If employees have a negative attitude towards the company's future and want to sell their stocks, they will also make adjustments and judgments based on market valuations and company prospects.
Regardless of the premium of Baidu's shares, the internal executives will not sell them cheaply, and they will not sell the golden dolls in their hands at a price of less than 100 yuan.
Xing Ming saw the change in the expression on Sun Buqi's face, and continued to mend the knife,
"Chinese companies listed abroad, in the next few rounds of financing, no matter how rich and powerful the domestic units are, others will not let you buy shares. In the last round of financing, only contacting the interested departments related to the listing, and only selecting partners who can help them go public, can be regarded as an alternative benefit transfer. Our strength is limited, our influence is even more limited, and we can only play in the big A-share market, but now it is a small bull market, if you have spare money, you can open an account and make some money to buy vegetables. ”
PetroChina, CNOOC, several large state-owned banks listed overseas, the issuance fee will be hundreds of millions, the introduction of strategic partners, are also Citigroup, small and other well-known enterprises, so that outsiders make a lot of money in vain, but also give out countless dividends every year, has always been considered a "loser" behavior.
After the sharp comments of professionals, Sun Buqi suddenly realized that it was not the behavior of "preferring to be friends and not to domestic slaves", but a normal "tribute; in other people's spheres of influence, you don't send some real money, and there is no big guy to support you."
He knew that he used 1 million yuan in exchange for 10,000 shares of Baidu shares, which was a favor deal given by Robin Li, and he admired Li Xingping even more, and he actually grabbed 40,000 shares!
Sun Buqi refused to retreat easily, and continued to instigate, "Mr. Xing, do you want to do a big job and cut a little meat from Baidu? A shares are just shallow ponds, and U.S. stocks are the Pacific Ocean, and they are a place for big investors to swim." ”
is really ignorant and fearless, Xing Ming is like listening to the Arabian Nights, crying and laughing,
"If the U.S. stock market wants to participate in the roadshow, and if you want to get some shares from the underwriters in the IPO, you must have at least $1 million in the account! If there is anything else, we still have the possibility of cooperation, and as for going to the U.S. stocks, I am afraid that we will not be slack." ”
He really didn't believe that Sun Buqi could come up with 1 million US dollars, which is almost 8.3 million yuan; with so much money, he just got the opportunity to participate in US stocks, but he could be a banker in A-shares and manipulate the stock price at will.
Sun Buqi pursed his lips and motioned for the secretary to go into battle; Chen Jiachang couldn't help laughing, put on a professional look, took out a document, and put it on the table.
Under Xing Ming's puzzled eyes, Sun Buqi offered it with both hands and explained one by one,
"This is Baidu's stock transfer certificate of 10,000 shares, this is a bank deposit certificate of 2 million yuan, and this is a set of property rights certificates of the Beijing Courtyard House, 7788, totaling nearly 7 million yuan. ”
He waited for Xing Ming to digest it, and said word by word: "This is my first investment, and the second and third investments, I believe it will not be lower than this number, and I also hope to pull a bank to invest in the formation of a private equity fund to enter Baidu's stock market." ”
Xing Ming solemnly took it over and carefully checked the authenticity of various documents.
Ten years ago, with information, courage and wisdom, he fought in the Shanghai and Shenzhen stock markets and earned the first 10 million in his life.
After running the Tianya Forum, I put my energy into online dating, and the speed of personal wealth accumulation has decreased rapidly, and the amount of personal disposable funds is about the same.
The few pieces of paper in his hand weigh as much as a thousand pounds.
Xing Ming has a large number of Sun Buqi, and he can't see the style of a multimillionaire at all, and he doesn't understand that in just three months, the other party can accumulate such wealth, which is comparable to his own accumulation of more than ten years, which is not scientific.
He looked at the documents again, and did not find anything abnormal, the head of the bank, stock, and real estate certificate was Sun Buqi, and there was no trace of forgery in all kinds of documents.
When I was as old as you, I was still studying at Sun Yat-sen University, publishing some articles in my spare time, and I was very happy when I got a manuscript fee of more than a dozen yuan. ”
Chen Jiachang has relatives in his heart, and looking at Sun Buqi's eyes and body, it is full of love and respect.
Every time I think of three months ago, the big boy who invited himself to eat out and had to stare at the menu for a long time, hoping to spend the least amount of money to satisfy everyone, has become a big man in the blink of an eye.
Sun Buqi shrugged, "I am standing on the shoulders of my predecessors, and I can't compare to you single-handedly, creating the Tianya Forum." It is the best community in the country now, and it will be the best community in the future!"
Chen Jiachang didn't say a word, and smiled at Xing Ming's "front and back", and the two "business blows each other".
If personal wealth is equal, there is the possibility of direct conversation, and the atmosphere in the room becomes cheerful.
"Mr. Xing, I want to set up a PE, temporarily with Baidu shares as the target, for a period of one year, and I am also ready to introduce a bank, I don't know if it is feasible?"
Xing Ming's face was serious, "This is a completely Western-style operation, and there is still a blank in China, only a few companies such as Hony Capital and CDH Investment, but they are more focused on domestic high-growth companies, and they have already participated in the AB round, and will not buy stocks in the open market and secondary market!"
Sun Buqi was embarrassed, and he understood the data that the other party said casually, but it was all fragmented knowledge, and there was no system, so he didn't know the cause and effect.
He humbly asked, "If at the current price, with a small premium, is it possible to invest in Baidu stock?"
Xing Ming fell into deep thought, checked the information on the computer, and kept writing and drawing,
"According to the third round of funding, Baidu's price is now $10 per share, and according to previous data, the pre-IPO roadshow, the offer to public investors, should be between $15 and $20. In this way, the third group of people can be provided with huge profits and have room to exit. ”
He casually drew a cousin, "Compared with the same industry, Baidu's web page visits exceed 3% of Google's, but its market value after listing is less than 1% of the latter; considering the growth of the Internet industry in China and the United States, with a discount, there should be about 2 times the increase, and the closing price on the first day is estimated to exceed 35 US dollars." ”
As soon as the connoisseur made a move, he knew if there was any, a series of professional words, which made Chen Jiachang stunned, and also blinded Sun Buqi's dog eyes; he knew that Baidu's closing price on the first day exceeded $50, but he knew nothing else.
Sun Buqi applauded vigorously, gave two thumbs up, and asked excitedly: "Mr. Xing, 2-3 times the income, I don't know if you are interested in joining PE, let's do a big job on Baidu!"
Xing Ming smiled slightly and shook his head firmly,
"Baidu is not listed and does not need to publish financial statements. In the market, we get very little public information, and it is very complicated to find existing shareholders. After finding someone, I tried my best to persuade the other party to transfer the shares, and you can't use up the 7 million shares you bought from the secondary market. More stocks, or fall on the US roadshow, that operation is too complicated. ”
Sun Buqi looked firm, "No matter how complicated it is, how bumpy the road ahead is, I will not give up until I achieve my goal, even if I pay tuition." People always have to take the first step before they have the second and third steps. ”
Xing Ming shrugged, "The back waves of the Yangtze River push the front waves, even if the sky is falling, the benefits and risks are not proportional, I won't be involved in it for the time being, sorry!", you are lonely, the young lady warms you with a movie