(The new book "2044 Prosperous Apocalypse" has been reviewed, but the contract status has not been changed, it is currently 10,000 words, everyone collects and recommends it first.) ）

Beijing, a certain office. Liu Gang's cell phone rang.

"JACK, EVERYTHING IS GOING WELL, REST ASSURED. ”

At the first moment before Liu Gang picked up the phone, he just saw that the number of the caller was Jack Ma, and he didn't wait for the other party to explain his intentions, and then he directly declared his strength very calmly and domineeringly.

This is Mr. Liu's consistent habit of speaking for 16 years - the first moment he talks to his clients, he reassures them that everything has been taken care of and everything is still under control.

He is also qualified to say so.

Because in the past 16 years, since he started with the Ping An Insurance case in Shenzhen, he has never missed.

Whether it is to help foreign investors take a detour to take control of domestic companies that are expressly prohibited by national laws, or to help these companies that are difficult to list on the NASDAQ due to the constraints of national laws.

None of them have ever missed.

That's why he developed this habit of talking.

In the eyes of others, it is rude to rob customers in this way.

But Mr. Liu knows that the same words coming out of his mouth can reassure clients, and the effect is no less than a booster.

It's like "you're dead" words that flare the enemy, spoken in the mouths of ordinary people, and don't boost the morale of your teammates. But if you know the Hokuto God Fist, that's another story.

This time, however, he miscalculated.

He was questioned by Jack Ma.

"Lawyer Liu, don't be impatient, I'm not having a problem, I hope you can speed up the process of our delisting from the Hong Kong stock market. Jackma's voice was tepid, and there was no sign of unhappiness in cooperation.

Lawyer Liu was shocked.

No client has spoken to him like this for at least 5 years. (Since his successful listing on Baidu's Nasdaq, no one in the country has dared to question his professionalism.) ）

HE CONFIRMED BLANKLY: "CLAM, JACK, THIS PROGRESS HAS BEEN CAREFULLY CALCULATED BY ME FOR YOU, AND IT MUST MAXIMIZE THE INTERESTS OF YOU AND OTHER FIXED SHAREHOLDERS." Don't you believe in my professionalism?"

Jackma on the other end of the line explained: "It's not that I don't believe in your professionalism. I also know that if you delist at this pace, the redemption amount will be the lowest - but, after thinking about it, the grand strategy is still the most important, and the redemption money will lose a few percentage points, I admit it. ”

"Is there something else going on? We can talk about it in person. If there are other factors, I can help you re-calculate the overall account and give a new optimal solution......" Liu Gang finally got a little nervous, and called in a tone of in-depth discussion with the customer for the first time, instead of calmly telling the customer "Trust me, I am professional".

Although he has handled so many IPOs, after all, it seems that after Ahri's successful delisting, the financing scale will exceed the financing scale of Baidu back then.

Of course, this is not to say that Ahri is better than Baidu, but Baidu went public too early, in 2005. At that time, money was more valuable, and there was no financial easing and QE opening of various countries after the subprime mortgage crisis.

Therefore, Ahri just took advantage of Baidu in terms of timing.

But in any case, the industry looks at the data. In the legal profession, whoever manages the latest and largest IPO is the voice of the industry.

Even if Mr. Liu has managed the IPO of five companies that are comparable in size to Ahri today, as long as he loses the order of "creating a record high" today, his influence in the circle will be greatly damaged.

The user's psychological inertia will be broken.

"As long as a Chinese giant wants to go public on the NASDAQ, it must find lawyer Liu to do it" This convention will be broken.

This is intolerable.

So, Lawyer Liu spent a lot of words trying to convince Jackma on the phone.

In the end, Jackma can be regarded as a moderate showdown with him:

"Liu Sheng, in fact, I don't have the slightest concern about your ability to do things, I fully believe in your strength. However, I just need you to help me do specific things, and the overall problem, I will consider it myself. But don't worry, I won't lose any money to you, how much should I give you when I was all-inclusive, and how much is still there. ”

"It's not about money. Lawyer Liu argued.

Jack Ma's tone rose slightly: "Let's put it this way, I've been thinking about it a lot lately. I heard that you took the money from Dangdangwang and True Love Jiayuan respectively the year before last and last year, right? ”

"Yes, I took over their business. Lawyer Liu was stunned for a moment, but he didn't deny it, "However, what's wrong with this, aren't they all normal business cases?" ”

He replied as his brain raced.

He believed that a big man like Jack Ma would not personally inquire about what business he had taken over before, and there was no need to care.

No one in the world has stipulated that a law firm can only take on one big client at the same time, right? Whose business do I sit on, and it has nothing to do with you?

However, since Jackma mentioned this when communicating with him at this moment, it must have been a colleague who gave him eye medicine in front of Jackma and deliberately mentioned it.

If Lawyer Liu couldn't even guess this, he would be sorry for his IQ.

Although, for the time being, he only guessed this, and he couldn't guess "how his peers would attack him by doing other business".

Fortunately, Jackma quickly solved his confusion: "Liu Sheng, whose business are you still taking, of course it's none of my business." However, I've also heard that ......"

"Dangdang.com has been successfully listed! Although True Love Jiayuan has not yet been listed, it will definitely be on next year!" Lawyer Liu preemptively blocked a sentence.

He thought Jackma was doubting his chances of success.

It's not like he's never encountered this kind of thing, for example, he took money from a certain company, but he hasn't moved for a year or two. Then he is jealous of his peers who have a good business, and he will say to potential customers: Mr. X, look, don't be superstitious about looking for lawyer Liu, he also has times when he can't do things with money!

But anyone who really understands this industry knows that if you want to go to the NASDAQ IPO, after the lawyer collects the fee, you can get it within three years, in fact, it is not a loss. These projects are inherently very long-term, especially for companies with illegal financial indicators, which require three years of preparation, operation, and finally meet GAAP rules.

However, this explanation was interrupted again by Jack Ma:

"I'm not questioning your success rate - I'm sure A.A. will be successful in your listing. However, what I want to say is that I heard that some customers who have given you money now take your signboard outside to reassure investors, and this impact is not very good.

So I thought about it, in fact, we don't need the most powerful and powerful lawyer to serve us. Sometimes finding someone who is a little more beginner also shows the strength of our Ahri, doesn't it?"

Lawyer Liu was stunned when he heard this.

What kind of logic is this?

But it does sound like it makes sense.

Let's take a circle that Feng Jianxiong mixed in in his early years as an example: for example, when he was an agent for L's godmother as a "national well-known trademark", he took on a series of cases.

If you want to make your brand a well-known trademark in the country, do you have to spend a lot of money to hire the best agency and intermediary broker?

Not necessarily.

Those who have to spend a lot of money on this are often the kind that can be up and down on the indicator line.

At this time, the strength is not enough, and the broker makes up for it.

But if you're doing a good job, let's assume that the brand awareness is as good as Coca-Cola's, and then enter the Chinese market. At this time, even if you don't hire any agency company, don't invite any intermediary brokers, and go directly to the State Administration for Industry and Commerce to submit an application, then you can do it.

Just like an ordinary person who wants to be an academician of the Chinese Academy of Sciences, if you don't have enough scientific research achievements and academic qualifications are not solid enough, then you really have to mediate all kinds of things. But if you meet the hard bar of "one must kill", do you still need a fart mediation?

The charter for the admission of academicians of the Chinese Academy of Sciences clearly states at the beginning: "Nobel Prize winners in natural sciences, or Fields Medal winners, are directly elected as academicians of the Chinese Academy of Sciences." So as long as you go to win a Nobel Prize or a Fields Medal, you don't have to do any work that is familiar with your face, and the Chinese Academy of Sciences will take the initiative to kneel and beg you to be an academician for the sake of your own face and authority.

Going back to the issue of the Nasdaq IPO, the situation is the same.

If Goudong wants to IPO today, then there is nothing to say, and it will not be possible to pass 10,000 years without inviting Liu Gang.

Because Goudong is a typical company that "loses money in accordance with GAAP rules", if you don't operate and mediate, you won't be able to get by.

(PS: Even if seven or eight years later, there is occasionally a quarterly or annual financial report that Goudong said to the public, which will show that it is profitable, but that is actually not calculated in accordance with GAAP rules.) The biggest problem in this is that those financial reports will not fully convert the equity they sold when they accepted low-valuation resource-based financing into losses.

Translated in layman's terms, it is assumed that 5 years ago, Goudong was valued at 20 billion yuan after financing and took $4 billion in cash from the Tiger Fund, then the proportion of shares of the Tiger Fund should be 20%. And a year after he took the Tiger Fund money, because the scale was larger, the capital market for the company, which was valued at 20 billion a year ago, rose to 28 billion.

At this time, if according to the conventional law, when a new shareholder wants to buy shares, he must increase his capital by 12 billion US dollars to account for 30% of the equity (280 + 120, with a total value of 40 billion after financing). But the problem is that Tengyun came to invest at this time, and then Tengyun said that I only gave 1.2 billion, but I still want 30% of your equity, and claimed a valuation of 40 billion. But the 10.8 billion I gave you less was not given for nothing, but I will give you the 5-year exclusive right to use the 'e-commerce' button of 'WeChat' to you Goudong.

According to GAAP accounting rules, this kind of resource-based investment, which actually does not give the new shareholders money, but takes up a large amount of equity, is calculated as a loss. It is equivalent to "Goudong spent $10.8 billion to buy the right to use the button of 'e-commerce' in 'WeChat' for 5 years". That is, it should be reflected in the financial report that "the annual cost of buying this traffic entrance is 2.16 billion US dollars".