Facebook is about to go public, and as almost the most promising company in recent years, Facebook's listing is a capital carnival for many people.

The condescending Zhang Xian looked at the scenery outside the window and was in a good mood.

Zhang Xian, who was in a daze, smiled and muttered to himself, "This time Facebook is listed, and there is a good show to watch." ”

Wall Street analysts are optimistic about Facebook, many funds are also optimistic about Facebook, and underwriters such as Morgan Stanley, ****, and Goldman Sachs are also optimistic about Facebook.

It seems that the listing of Facebook is a crazy profit for everyone, and a good opportunity for everyone to make money and get rich together. But the reality is that there will be winners, but unfortunately there will be more losers, Zhang Xian has no doubt about this.

Monday, May 23, 2011 - Global capital markets are focused on NASDAQ, with Facebook headquarters.

Zhang Xian is still very happy, because these things are very interesting; according to common sense, companies listed on the NASDAQ will ring the opening bell at the NASDAQ headquarters in New York's Times Square, but the NASDAQ made an exception for Facebook this time, allowing Facebook to ring the opening bell remotely in California, its headquarters.

Zuckerberg chose to celebrate the IPO moment with employees at the company's headquarters, and they were very happy because Facebook's choice to list on the Nasdaq is another proof of the Nasdaq's position as the world's largest technology stock market, after all, the Nasdaq has some advantages.

When Zuckerberg founded the company seven years ago in a student dormitory at Harvard University, it was the time when Google raised $1.7 billion in IPO. Not long after the dot-com bubble burst, investors hesitated. And seven years later, Facebook was seen as an opportunity for capital.

Zhang Xian laughed, looking forward to it, this time he will make a lot of money, this is a good opportunity created by Zhu Jiarun for him. Zhu Jiarun has been making a lot of money in recent years, and has constantly maintained the position of the second largest shareholder of Facebook. It's really hard, and this kind of reward doesn't mean that she became the first investor on Facebook and just sat back and enjoyed it.

In this process, she needs to fight with some investors, the founder of Facebook, and needs to dilute and exclude others. Otherwise, there is a high risk that someone will be eliminated from the competition, and it is very likely that what you are holding is 'worthless' common stock......

The IPO was priced at $38 under the ticker symbol FB and offered 420 million shares.

Wall Street is in favor of Facebook, because since Google went public in 2004, there has not been a technology IPO of this scale, which makes investors full of imagination, and once the bubble rises, it is profitable for institutions to go long and short.

Many people questioned that, on the one hand, the revenue model is single, relying on advertising, and now that user time is increasingly shifted to mobile devices, Facebook is weak in mobile advertising, and there is great uncertainty about growth.

On the other hand, how to maintain user stickiness has become a headache for Facebook, and its value lies in the huge number of users and relationship chains, once the stickiness is lost, the commercial value will no longer exist.

Because of competitive barriers and policy risks, Facebook has a large number of users, but there are not enough barriers in terms of technology and content, and the Internet is changing with each passing day, and a powerful new model may appear at any time to divert users' attention. Moreover, in the process of internationalization, Facebook may encounter policy and regulatory risks in some countries, making its growth doubtful.

Some people also criticized Zuckerberg's jeans and T-shirt during the roadshow as too casual, which is a sign of immaturity and does not take investors into account. It's not even as formal as Zhang Xian's dress, because Zhang Xian is relatively unfamiliar to many people, but many people have collected Zhang Xian's information very well.

These people know very well that although Zhang Xian wore suits and leather shoes when he attended some occasions, there was more analysis that Zhang Xian did not like such business attire. And Zhang Xian, a shareholder, attaches great importance to Facebook's roadshow, and as the CEO of Facebook, Zuckerberg's casual attitude is really immature and disrespectful to investors!

It's ready to go, but Zhang Xian also called some people, and the sell-off is inevitable, but when Facebook starts to fall sharply, it must start preparing for shorting and buyback.

Taking advantage of the fact that everyone is optimistic about the Facebook stock now, he sold a sum of money and said that he would pay taxes, but Zhang Xian has not yet paid taxes immediately, and his subscription time has not yet expired. In other words, such a sum of money can be used to acquire some shares at a relatively low price, even if it is just ordinary shares, but as long as it falls below the issue price.

Zhang Xian is still very optimistic about Facebook, and he believes that Facebook will explode as soon as it is listed, whether it is the optimism of capital or the magnitude of Facebook, it will represent the value of Facebook. Not to mention those underwriters, they will definitely protect the disk.

But it's also certain that Facebook's stock won't do too well, so once it falls below the issue price, Zhang Xian will be profitable.

John Paulson made a low-key trip to California, where the former Wall Street legend came to meet his partner.

Paulson is not in a very good situation now, and greatness is all out of it; Paulson once beat George Soros to rank first, so he is called "the hollow god of Wall Street" and "the first person in hedge funds". But three years have passed since he took advantage of the U.S. subprime mortgage crisis to make a profit, and Paulson is now under a lot of pressure.

The hedge fund mogul is still under some investigation for shorting US real estate, and his company is really doing well after the subprime mortgage crisis. However, this is better than the period when he was 'unknown', and compared to taking advantage of the subprime mortgage crisis to make a windfall and become famous, Paulson's current fame and achievements are indeed very average.

Feng Shui takes turns, and the investor that Paulson didn't pay much attention to at the beginning has reappeared, even if it is a top hedge fund boss, even if it is a big man who is not low on the Forbes rich list, Paulson does not dare to underestimate Zhang Xian now.

It is true that he needed investors at the beginning, and he attached great importance to Zhang Xian, so he personally went to negotiate, but when his fund made a windfall, he threw Zhang Xian because someone had more benefits for him, because he needed a 'business card'. It was considered that he betrayed Zhang Xian, but Paulson didn't care, because he succeeded, and he was a Wall Street legend.

But now, he knows that he must pay attention to Zhang Xian, even if he has been sneered at by Zhang Xian, even if he once thought that Zhang Xian was just an angry child. But now that there are common interests, and now that there are common interests, Paulson doesn't mind working together again, or even choosing to seek opportunities to work together.

Paulson is well aware that Zhang Xian has no shortage of partners to work with, and he knows that many funds and stock managers want to pull Zhang Xian under his own umbrella. Because Zhang Xian has such capital, because Zhang Xian is now one of the richest young people in the world. Young, wealthy, and has a lot of very potential industries.

Such a young man really has unlimited potential, and no one knows where his limit is. But it is certain that this is definitely an extraordinary young man, who has now stood at the top of the pyramid and become the richest group of people on the planet, even at the forefront......

No one knows what Zhang Xian and Paulson talked about, but both of them seemed to be in a good mood, Zhang Xian ran to the pool to swim while humming a song, and Paulson rushed back to New York to continue his work......

"Xiaoxian, I can collect some of Ali's stocks for you. Chen Jianxin was in a good mood and came to report the good news, "They want to cross-swap shares with Weibo." ”

Zhang Xian took a glass of juice from the waiter's hand, and sat directly on the chair without wiping the water on his body, "Share exchange? I guess it's all dual shares, I'm still an insignificant minority shareholder of Alibaba, and they haven't thought about becoming the direct controller of Weibo." ”

Chen Jianxin smiled, smiling very happily, "Yes, it's still dual equity." Their desire to exit Hong Kong stocks is becoming more and more obvious, and the momentum of development is indeed good. However, if you want to attract more partners, Weibo must be good, and there are common interests intersecting. And I think it's very likely that they want to invest in you and Runrun. ”

Zhang Xian smiled and didn't answer the conversation, "You can contact Zhou Tong later, you can have a cross-exchange with Ali." Zhou Tong will definitely agree, even if he doesn't agree, it doesn't matter, then exchange the shares in my or Runrun's hands. ”

Chen Jianxin is envious, Zhang Xian and Zhu Jiarun really have nothing to say about their trust in each other; they don't need to look at the contents of the documents they take and sign them directly, they don't care about the contents at all, and they don't worry about anything shady in them. It is estimated that even if they knew that it was a deed of sale, they would not hesitate to sign it.

Therefore, people who are familiar with Zhang Xian and Zhu Jiarun know that Zhang Xian can make ideas for Zhu Jiarun, and Zhang Xian will not object to some of Zhu Jiarun's ideas. The two people's advance and retreat together, and the trust of the two people, is absolutely unreserved.

For example, this time the Facebook listing, this is likely to be a fortune worth more than $10 billion. But Zhu Jiarun didn't hesitate at all, and directly let Zhang Xian take care of it. Zhang Xian made careful calculations and did not want Zhu Jiarun to deliver and convert equity at all, because he was distressed about transaction taxes and so on. So I don't care that my value is lower than Zhu Jiarun, and I don't care if women are strong and men are weak......

It doesn't matter if Zhu Jiarun's worth is higher, it doesn't matter if she becomes the richest woman; Zhang Xian feels that even if she eats soft rice, she will admit it, anyway, it will still be her own money at that time. If it is really transferred to his own name, the tax paid will be painful enough, so what is such a little reputation, the actual benefits are real, and he and Zhu Jiarun don't need to be so clear.

The two of them really don't care much about whose name the shares are in and whose name the house is, and for them, it is better to count those things in order to grab control of the remote control......

Zhang Xian and Zhu Jiarun are very optimistic about Facebook's shares, even if Facebook's shares may not perform too well in the short term, it doesn't matter, because this stock can be held for a long time. As long as you go through the pains of this time, you can sit back and enjoy it.

And even if Facebook's stock performance is not very good, it doesn't matter, it depends on the performance.

No matter how bad Facebook's stock is, it is a company with a market capitalization of nearly $100 billion, and there is no doubt that holding a small portion of Facebook's stock is more cost-effective than owning all the shares of a company worth hundreds of millions of dollars.

Alibaba's shares can be overcharged, naturally they have to overcharge, although they may withdraw from the Hong Kong stocks, which will definitely cause a lot of infamy. It doesn't matter, Ali's development momentum is very strong now, and the scolding will be scolded, because as long as this time passes, almost everyone will sing praises for Ali, because it is an extremely successful company!

Sometimes this is the case, people only see the scenery and the positive side of the successful people, and as for the darkness behind it, it will be selectively ignored by many people. Myths about those who succeed, such things are not uncommon anywhere.

The myth is about to begin, and Zhang Xian can't help but look forward to it, and there are too many articles to do on Facebook. Zhang Xian and Zhu Jiarun also feel that because of their existence, the development of Facebook is actually very different, because of Facebook's shareholding structure, because of Facebook's management team, and even some of Facebook's current businesses.

This is all the changes brought about by Zhang Xian and Zhu Jiarun, if it weren't for Zhu Jiarun, Sean Parker, the first president of Facebook, would have been eliminated a long time ago;

Moskowitz and D'Angelo may have left relatively early, but there is nothing to worry about, because Facebook was on the right track at that time, because Facebook has always been under Zuckerberg's control.

Parker is Zuckerberg's close comrade-in-arms, and Zhu Jiarun, Facebook's second-largest shareholder, has been Zuckerberg's ally...... Facebook has had a lot less board fighting, and many of Zuckerberg's ideas can be implemented with less resistance. Even in order to give Zuckerberg better control over Facebook, Zhu Jiarun took the decision to support dual shares.

This is a big deal, because Zhu Jiarun doesn't care about the control and voice of Facebook, she chooses to trust Zuckerberg, she chooses to be a shareholder who is only a shareholder and a member of the board of directors, and has no influence on Facebook at all, even if she is the second largest shareholder of Facebook......

"the richest man in the future, how is the performance of the richest comrade?"

Hearing Zhang Xian's ridicule, Zhu Jiarun smiled, "You behave well, otherwise our baby, the richest man, may just be a day." ”

Zhang Xianle was in a good mood, "The richest man in a day is also the richest man, and the name of the richest man is changed back and forth, and the richest man in recent years is always changing." I think it's good to be the richest man for a day. Besides, as soon as Facebook is listed, you, the richest woman, may not stay in that position for a day or two, but may have to stay for a lot of time. ”

Zhu Jiarun thought about it, and he was right, as for the current Malaysian comrades, Ali is not so valuable. As for the ponies, the penguins don't have that much market value right now. What about Robin Lee, it is possible...... As for Comrade Real Estate Wang, his current position on the rich list is not high...... So the richest female comrade, the position is relatively stable!