Chapter 443: Tens of billions, super-rich

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No entrepreneur can resist the temptation to go public, because going public means creating wealth, which means that he has just a bunch of shares with a very vague evaluation concept, which will be directly equated with money.

Moreover, Google has also reached the point where it has to go public.

After several years of development, the scale has been expanding. In particular, Chen Tiandu intentionally or unintentionally led the situation, so that the company's development far exceeded the original, and the company has always advocated the implementation of employee stock ownership, so by 2003, the company's shareholders have exceeded 500, a year earlier than the original time and space. Under then-U.S. securities laws, companies are required to make financial announcements and file relevant financial statements within 120 days of the end of the year in which the threshold is reached.

In fact, Google is faced with three choices at this time: first, adjust the shareholding structure and reduce the number of shareholders to less than 500; the second is to continue to be a private company while issuing financial reports like a public company; The third is to be listed.

Therefore, for such a listing opportunity, Chen Tian is cautious.

As early as when he had the intention of going public, he began to create a large number of gimmicks in a planned manner. Including the guidance of public opinion, the image of an entrepreneur other than his director and actor was highlighted, and even Kate helped him go, which attracted all the attention.

Because of the superstar boss, Google attracted far more media attention than ordinary IT companies before it went public. Internally, he has improved his own strength, so that his own technological grade will always be higher than Yahoo for more than two years, and prevent hostile giants such as Yahoo and Microsoft from making trouble behind their backs, so as not to satisfy the appetite of others.

"Ladies and gentlemen, thank you for taking time out of your busy schedules to attend the launch of Google Group......

Some people are naturally suitable for big scenes, and Chen Tiandu stood on the podium. has naturally replaced the identity. As Chairman of Google's Board of Directors, he will represent the entire Board of Directors and address all those involved in the group's listing on the New York Stock Exchange. Confidence to all investors around the world who are interested in Google stock.

Everyone in the room fell silent and listened to his speech. There are only a handful of journalists. Keep pressing the shutter, leaving behind a series of crazy flashes.

Chen Tiandu had no manuscript at all, and blurted out in his speech:

"Today, Google's IPO has gone through hardships, but it has finally come this far."

"Five years ago, there were only a few people at Google, nestled in a dilapidated car warehouse. Just like five years ago, I just came to the United States. trembling and getting his first chance to start making his first movie. ”

"At the time, the Internet was a novelty, and I was hooked on it from the first time I first came into contact with it. But on the Internet, I obviously wouldn't be a master, and I wanted to find something that would help the movie, but the cluttered website had no plan and no catalog, which made me struggle. By chance, I came across what was still an experimental version of Google Search. ”

"It was still an immature search engine, but it helped me a lot. I found precious materials that I hadn't been able to come across for a long time, and I began to pay attention to this website. Afterwards. I found Brin and Page, and then I had Google today. ”

……

"Google's stand out has been unstoppably the leading position in the search industry. Behind him, whether it is Yahoo or Microsoft, they are just following the trend. We are a company that does wonders, and although there are still many experts who are not optimistic about us today, they are bound to fail. ”

"Coincidentally, the situation is very similar to one of my most recent films, which was initially disliked by all sorts of people, with investors withdrawing money, no distribution, and the media frantically waiting to see my Waterloo. But it has now achieved sensational results as soon as it is released. It also won more than $1 billion at the global box office, ranking second in the world. I don't know if you've seen this movie......"

"Yes"

There was a frantic response from the audience. Applause rumbled.

"That's exactly the case with Google today, no matter how unfavorable the experts are. But our data presentation will give all shareholders confidence. As soon as Google announced its decision to IPO, it attracted the frenzied attention of global capital. We raised $3718281828 in the shortest possible time, which is the best proof of this. The reason why we haven't broken the record of listing and financing in the industry is not because there are only so many, but because we only raise so much. ”

"I've been in the U.S. for so many years, and I've always come across as humble, but today I'm going to say something arrogant. In the nearly seven years I've been in the U.S., I've never failed. Whether it's movies, or Google. My films were originally funded by producers, and now my films are being sought after by studios. I just want to say one word to all investors: you love to ignore us today, and you can't afford to climb tomorrow, so how to choose is today. ”

"Thank you!"

With his final speech, the most arrogant IPO speech on the NASDAQ was born.

All the reporters in the audience were like crazy, feeling like their scalps were going to explode on their heads, "It's so fucking news-breaking point." "They seem to be able to see newspaper sales climbing.

It's not early, it's a toss, and it's already 9:28.

"Dang!"

With a loud bang, Robert Grayfield, the current CEO of NASDAQ, opened the champagne with Bryn and Page in person, and a group of employees who participated in the listing of Google Group were extremely excited in the gushing aroma of the wine.

There was a crisp sound of "click", and under the professional photographer, a group of executives took a group photo at this glorious moment.

From left to right, David Klein is the Director of Global Communications and Public Affairs at Google. George Reyes is currently the Chief Financial Officer of Google. Eric Schmidt is currently the CEO of Google. Larry Page is currently the President of Products at Google. …… There are also Morgan Stanley, who served as the main underwriters for Google's IPO, and senior executives at Credit Suisse First Boston.

Guests, media, and business people quickly gathered around Google and their entourage to send their blessings.

"Chairman, what you just said is really ...... It's so domineering that even I feel my blood rushing. ”

Brynn offered champagne and said with a smile on his face.

Chen Tiandu smiled faintly and said, "Google is on the right path, and I want to step down as chairman of the board." Do you have any good options? ”

Brin and Page looked at each other. They are no strangers to this result, and they are powerless to stop it, because Chen Tiandu's focus is obviously not above Google. There are also factions within Google. Fortunately, Chen Tiandu, the largest shareholder, never does this, and he deals with it impartially and never favors anyone. He never deliberately increased his authority in the company, and even Donnie, who was "messing around" at the beginning, was dismissed from his position as an agent and became his lawyer full-time. All this has made him grow in the invisible authority of the company.

"This question still needs to be considered in the long run, do you have any good candidates?"

Chen Tiandu did not beat around the bush and said: "I recommend Eric Schmidt as executive chairman, and one of you, Brin and Page, is also the CEO. The other is fully immersed in the company's products. What do you think? ”

The two were stunned, they didn't expect it to be so direct. But they thought about it in their heads, but they couldn't think of a better choice, so they nodded helplessly: "This is indeed a good decision, we will discuss it carefully when we go back." ”

The U.S. stock market has a long trading time, from 9:30 a.m. to 4 p.m. EST, that is, from 10:30 p.m. to 5 a.m. Beijing time.

It is now half past nine in the evening in Beijing. Google's stock opened at 9:30 a.m. in New York, and as soon as the market opened, the stock price immediately rose 18%. The price soared from $85 to $100.3. And the trading volume was extremely active, and within a few minutes of the opening, the trading volume soared to 4.5 million shares. There's a huge amount of money circulating every minute.

Affected by Google's listing, the shares of the other two major search engine companies, Yahoo and Qingwen Geevs, fell at the same time.

Google, and that's how it became a public company.

This 18% increase not only increases the "paper wealth" of Google shareholders, that is, from today, Chen Tiandu will become one of the few young billionaires in North America and even the world.

GLE stock closed the day at $108.34 and traded more than 22 million shares, making it one of the ten most actively traded stocks on the Nasdaq stock exchange.

Google, which has only been established for 6 years, has a market capitalization of $000 million. Almost on par with General Motors.

In this IPO, Chen Tiandu has diluted a lot of shares. It received $360 million in cash, but still holds the majority of Google's 40.3% stake.

Calculated based on this closing price. Chen Tiandu's 40.3% stock is worth as much as $8.2 billion. $360 million in cash is nothing compared to the $9.269 billion.

Employees who buy Google shares at a lower price or get options will also be rewarded handsomely. After the next 180 days, they will be allowed to sell their shares. According to some data, it is estimated that 950-1050 employees in Google's nearly 1050 workforce will become "paper millionaires".

GLE also timely announced that its operating income in the third quarter of this year was US$900.2 million and net profit was US$109.1 million, compared with operating income and net profit of US$651.6 million and US$64 million in the first quarter of this year, respectively. Second-quarter revenue was $789.5 million and $85.6 million.

This series of figures has further strengthened the confidence of shareholders.

Buffett didn't expect that a fortuitous choice he made would actually bring him a shrewd investment. The media on Wall Street also licked their butts, and they were busy sending all kinds of praise to the stock god. No one will dislike that he has more wealth, and Buffett did not participate in any management of Google, nor did he participate in the bell ringing ceremony, but he is still one of Google's shareholders.

After the Google listing fire, he also made a rare appearance at the banquet that night, stealing a lot of limelight from Chen Tiandu. (To be continued)