"In 2000, two other companies of the same size and level, both of which were engaged in voice recognition, went public on the NASDAQ together, and the first company called Nuance raised nearly $200 million in IPO, and in the past year and a half, it happened to be the coldest time of the Internet, and it has survived safely, and at present, its funds can guarantee that it can last at least another year. ”

Another Speechorks, which raised less than $100 million, was recently acquired, in early 2002, at a bargain price because it was not advanced enough to continue operating. ”

At the location of the company invested by Shengshi in the United States, Chen Zier is being 'class' by Li Zhonghong with actual cases.

For example, if the total market value of the customer chain is $1.5 billion, and the financing amount is $200 million, then the original shareholders will only be 1.3 billion, and if they raise $20 million, the original shareholders will have $1.48 billion, and the stock prices in these two cases are of course completely different. ”

Chen Zier is communicating with the underwriters here, and he has come to this point, and the important point of the exchange is how much money is needed to be raised for listing.

"So it's harmful to raise too much or too little money. ”

Li Zhonghong nodded, "It can be understood in this way, generally at 10%-25% of the total market capitalization." ”

Chen Zier crossed Erlang's legs and thought for a while, "We choose to raise a little more, and basically don't consider the plan of less than 15%. ”

A little more is nothing more than a loss for the original shareholders.

But in fact, the current situation of the Shengshi hotel chain is the same as that of Nuance before, it has encountered the cold winter of the Internet, and it has passed with this funding.

For this hotel chain, the spring, summer and autumn of 2003 were not only winter, but also extremely cold.

Indeed, through Chen Zier's own funds, the hotel will not die, but his capital injection is actually very troublesome, giving no shares for nothing, that is too selfless, and other shareholders are not happy to give money and shares.

However, Li Zhonghong was puzzled, "Does Mr. Chen have other considerations?"

Affected by the epidemic, this kind of thing must not be said.

He replaced it with other reasons, "Hotel chains are an asset-heavy industry, and taking advantage of the low asset prices in China, it is always right to finance more, since it is to ask for money, then ask for more." ”

For underwriters, as long as the stock can be sold, then their tendency is to raise more money, which is related to the amount of commission -

According to the general market on Wall Street, 7% of the total amount raised is their commission.

Therefore, Chen Zier's decision must have been welcomed by the other party.

And for Lee Jong-hong......

After a little hesitation, he decided: Damn, listen to the boss.

Past experience led him to make this decision, and he is indeed a professional in finance...... But so it is.

At present, he is only a consultant, and Shengshi Hotel has a special IPO team, and it is not his turn to worry about it, but Chen Zier came today, so he talked to him.

The main thing is to bring Chen Zisi over.

There are a lot of people coming to the United States this time, Cai Yifeng is also there, and he will accompany Chen Zier on the roadshow in the next two weeks, which can be regarded as a special experience.

The last time for the listing is also set for May 18, and the time has been set, and as for the issue price, this major concern, the information related to tens of millions of dollars, will not be finalized until the night before.

As an important member of Shengshi Group and one of the initiators of Shengshi Hotel Chain, her resume background and professional manager make her confident enough to introduce Shengshi Hotel Chain when facing investors.

So Chan was in Hong Kong Singapore, and she led her team to do roadshows in London and Paris, and finally the two groups gathered in New York.

The company's financial performance over the past three years has been very impressive, which is enough to convince fund managers with money to invest in them.

Eve.

Many people around him began to call him, some had the original shares of the Shengshi hotel chain, some were just friend-like concerns,

The domestic media is also concerned about Chen Zier's whereabouts, in recent years, such a thing as listing to create wealth has just rushed into the heads of Chinese people, and most people will still feel blood gushing when they hear it.

Chen Zier himself is already a rich man, and now the general estimate of the Shengshi hotel chain is above the market value of 1.5 billion US dollars, and he himself is exaggerated to get more than half of the shares, so it is not surprising that the title of the richest man after one night is well deserved.

Many people are curious, people in it may not be able to sleep all night, Cai Yifeng Yes, Shi Yangqing Yes, Chen Zier himself is also excited.

The night view of Manhattan in New York is mesmerizing, it is full of high-end hotels, and countless stories are hidden in countless windows, and tonight, Chen Zier is one of them, and Zhou Zijun.

She came to New York from California with Lee Jong-hong, and it was an important moment for many people, including Chen Ziyi, so how could she be absent.

Tonight is sleepless, no one will sleep.

"After staring at you all night, I finally found your free time, how do you feel now?" Zhou Zijun glanced at the scattered documents on the desk and poured him a glass of water.

Chen Zier rubbed his temples and said, "I have always felt that our society and our business are indeed fundamentally different from those of a century ago, but ...... Wall Street has always been the same, and it will probably be the same. ”

"I'll rub it for you?"

"It's fine. Staying up all night at my age is as easy as eating. ”

Zhou Zijun still insisted on standing behind the sofa, "It's very simple to stay up late, but it's not easy to deal with them at all." And why did you just say that?"

Chen Zier smiled and said, "Because Wall Street is full of human greed, and greed will never change." ”

"The first day I met you, I never thought that one day you would be standing in Manhattan, standing on the NASDAQ, don't put too much pressure on yourself, you are already amazing. ”

The next day, the Shengshi hotel chain was officially listed, and the entire company had 46 million shares, of which 22%, or 10 million shares, would be raised as outstanding shares, and the issue price Morgan Stanley did not dare to give too high, after all, Americans do not know much about Chinese companies.

Of course, large investment banks are generally subscribed by funds, and Chen Zier and Shengshi have also been well-known in the world in the past two years, so the issue price is too low.

At first, it was $18, and after a few road shows, the results were good, and it was finally set at $22 a share, and the size of the IPO was easy to calculate - $220 million.

Shareholders also know very well that Chen Zier personally accounts for 53.2% of the shares, Qin Ye as the founder of the shares of 9.9%, and Qin Yunhan, who later became a shareholder, originally owned 18% of the shares, but like the first two, after the shares were distributed to employees and listed, her shares were also diluted to 7.8%, the remaining 22% are the company's outstanding shares, and about 7% are options for executives and old employees.

On the big screen of the NASDAQ, the Shengshi Hotel is scrolling, and at nine o'clock in the morning EST, Chen Ziyi's motorcade will come into people's eyes, and half an hour later, it will officially open.

Nasdaq President Rajahi will also be present in person today, and Chen Zier also has a unicorn company with a market value of 10 billion yuan behind him, which is a delicacy in the eyes of major exchanges, so I have to pay attention to this young man.

Another point is that Chen Zier's 24th birthday has not yet passed, and such a young person wants to stand here and ring the bell, which will obviously attract the attention of the whole United States, the country's 'anti-intellectualism' is becoming more and more prevalent, people don't like nerds who read well, and the most admired is a self-made legendary kid like him.

You see, he and Lagahi shook hands in the crowd, and how high-spirited they were.

The local media in the United States were also attracted to the 24-year-old Chinese man, and the reporter's microphone and camera kept leaning on him.

Of course, Chen Zier will not waste this good opportunity to introduce the concept of Shengshi chain hotels to investors, and there is still half an hour to open, half an hour is also time, although again because of his age, the exposure rate of Shengshi hotel chain hotels to be listed on the NASDAQ is already enough, but he is an eloquent person, and he can express the company's philosophy with eloquence, and let people see the demeanor of the leader, which will also have a positive impact on the capital market.

So at this time, the people in the IPO team of Shengshi Hotel will sincerely sigh that the boss can speak fluent English is really good.

In the bustling trading hall, Shi Yangqing was dealing with the media, Cai Yifeng was chatting with Megan Fox in the crowd, Qin Yunhan and Qin Ye were also among the investors, and Chen Zier took the microphone and stood on a high place.

"Thank you, thank you for your interest and enthusiasm for the Prosperity Hotel Chain. When I started this company, I said to my partner, we have a population of 1.3 billion, and there are 103 big cities with more than 1 million people in China, and in that country, hundreds of millions of people shuttle between major cities every year, and many people can't afford to stay in big hotels, and this is our opportunity. ”

"Actually, what happened later proved what we thought, it was a land of opportunities, and the results were so good that we couldn't even imagine it, people are very fond of the hotel chain, in all the big cities, we almost opened a fire, and now we have opened the 238th hotel, and the situation is still the same, but we also get a lot of complaints, because our land is too big, there are too many people, people complain about why there are no guests in the city I go to? Why are there only so many guests in such a big city?"