"Just kidding......"

Yang Fan said disdainfully to the conditions conveyed by James, "What is the purpose of going public, isn't it just for the lowest cost of financing?" ”

James, "......"

That's right, what is the reason for listing, whether it is financing or collecting money, it is to exchange the future income of shares for money. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

It's just that companies like Voyage Games aren't actually suitable for coming to the NASDAQ to make money......

If nothing else, American investors don't recognize it!

Since you don't recognize the game model, you don't have such high expectations for future earnings, and the stock price can't go up and you can't make a few bucks at all. If you change it to yourself, you would rather give out a little more shares of TX, BD and other companies that are easier to make money, and hold the sailing game in your hands.

It's not that James doesn't understand Yang Fan's thinking......

This guy doesn't just look at the future, the current profit is also very important, which is the most important reason why he has not been too limited by investors.

In one sentence, I made it clear, Lao Tzu is not waiting for money to eat, why do you listen to everything?

Yang Fan paused, and looked at James, who was a little embarrassed, "Qihang Game, Qihang Network, a company with a low valuation, good profits, no shortage of financing means, and low financing costs, why should I go public?" ”

For Yang Fan, there will be more places to use money in the future, so you can't sell some shares every time to make some money......

In that case, it is better to directly turn TX and BD companies that are easy to make money at a time, and then enter some lucrative industries to make more money.

For example, the profit margin of mobile phones is quite high!

It is no problem for Qihang Mobile to make a profit of more than 200 million this year, and it will probably be able to peel off the face of Panda Mobile in the first year.

Think about a decades-old enterprise based on the establishment of Panda Mobile, and the cooperation with international giants, or with the development of the domestic mobile phone market...... It has been less than four years since the establishment of a head office, and it has only been half a year since it entered the mobile phone industry.

Yang Feng thinks that the most ugly thing about pandas is the profit margin......

In terms of sales, Qihang is far inferior to Panda, even if the price of Qihang mobile phone is higher, there is a big gap in sales, but if you focus on profits, Panda's profitability is simply not visible.

Looking at the analysis documents sent from China, Yang Fan shook his head, and he didn't know whether he was still dissatisfied with Qihang's mobile phone business, or angry with state-owned enterprises!

However, Ye Qingwan thinks that it is probably because of the anger of state-owned enterprises......

This report card of Qihang mobile phone, Ye Qingwan believes that even Yang Fan, who has always had high requirements, may not be able to say anything dissatisfied. The product will only be available in the second half of this year, and next year it may become the first profitable person to set sail, if this is not satisfied, then the development of a few years of sailing game, the sailing network has long been burned to ashes by Yang Fan's anger.

As for why Yang Fan is angry with state-owned enterprises, it is not much patriotism, but his less sinister competitive thinking.

In recent years, many domestic enterprises have a very bad problem, that is, the competitive vision is only on domestic enterprises, and everyone wants to seize the low-end market by relying on price advantages. As for the more lucrative mid-to-high-end products, there are not many ideas......

In other words, before the war was fought, they knelt down and begged for mercy from those foreign giants!

Ye Qingwan knows Yang Fan very well, when the Qihang mobile phone was first built, his competitive eyes were on Nokia, Motorola, Samsung, and the newly established Sony Aison, as for Panda, TCL and other domestic mobile phone manufacturers, Yang Fan hopes that they will be stronger.

If Qihang wants to break through the blockade of international giants in mid-to-high-end mobile phones, it needs a more solid foundation, and this foundation cannot be solved by Qihang a mobile phone company.

Just like the supply chain of Qihang mobile phones, many of them are borrowed from Motorola's supply chain, but can this situation be maintained for a long time? Especially in the past few years, when the challenge target of Qihang is Nokia, Motorola, and Samsung, this is tantamount to putting a rope around your neck, but Qihang cannot support a complete industrial chain at all.

After taking the information from Yang Fan's hand and reading it, Ye Qingwan shook her head, "I'm afraid I'm going to offend these manufacturers again!" ”

When everyone is the same bad, only who can be compared is worse, and other companies can excuse what national conditions, development level, historical problems and other environmental problems...... It's just that when Qihang Mobile shows its unique ability, in addition to setting off these companies worse, it also takes off the fig leaf on their faces!

Conditions?

What is the level of development?

Historical legacy?

Qihang mobile phone is a model placed there, the problems they encounter, Qihang mobile phone will also encounter, as for the problems they can't encounter, such as mobile phone licenses, policy support, the original industrial base, these Qihang is the worst......

Unless you admit that you have a strong ability to set sail!

Isn't their ability just a scumbag in comparison?

And that's what they're most afraid of.

Yang Fan smiled bitterly, "Don't pay attention to it, there are not only one or two of them who have been compared to scum!" ”

It's not wrong to say that you are capable......

It's a pity that the road to set sail in the past few years has become more and more difficult, these scum don't have the ability to do a good job of themselves, but they want to drag everyone into scum.

Even though the road will become more and more difficult, the profitability of Qihang mobile phone still makes Yang Fan very happy.

The road to set sail is a difficult road, requiring a lot of capital investment, in fact, since a year ago, Yang Fan has paid more attention to financing, and he is not thinking about getting the most funds at the least cost in the capital market.

It's the same when I came to the U.S. this time......

It's a long way to go!

Yang Fan didn't know who could walk with Qihang all the way, or Qihang could only be lonely on the road......

The only thing that can be talked about is expeditions, tx, bd!

James brought Yang Fan's reply to the capital force represented by Goldman Sachs was very annoyed, although these three companies also have great interests to be profitable, but after all, there are still people who pursue stability, and they want to enter the sailing network.

After thinking about it, everyone could only accept Yang Fan's plan for the time being, and they now had no more capital to make Yang Fan succumb.

The representative of Goldman Sachs said, "Then start from 03 and strive to make a set of plans for the three companies to be listed in 03, 04, and 05 every year, and then go to negotiate with Qihang." ”

When talking about the listing plan, James said, "By the way, Yang Fan said that he wanted to arrange the expedition to the same year as Google, instead of tx and bd." ”

Perkins was shocked when he heard this, "What does he want to do?" ”

Compared with others, Perkins is of course the most concerned with this issue, although James also wants to get some benefits on the side of Sailing, but KPCB has a greater interest on Google, and he certainly doesn't want to see two companies go public together at about the same time......

Head-to-head?

Silicon Valley Gemini, listed at the same time, I'm afraid it will really be Mars hitting the Earth!

In terms of the current size and development speed of the two companies, even if they are listed in 03 years, it is normal for the market value to exceed 10 billion US dollars on the day of listing, and even the scale of 20 billion is possible.

There are not many new companies of such a large scale to go public, not to mention new companies, but there are only a few companies with more than 10 billion on the NASDAQ now?

It's not '99 years now......

By 01 year, Yahoo, which was once the star of stars, was now worth more than that.

Two large-scale new companies went public at about the same time, and if they say that they have no influence on each other, the ghosts will believe it, let alone investors like them.

So not only Perkins, but other investors are also looking at each other!

Probably James, who knows the most about the situation, has a slightly better expression...... One of the three companies of tx, bd, and expedition will definitely collide with Google, so it is understandable to choose the most familiar and least affected expedition to collide with Google.

According to James's understanding of Yang Fan, not to mention what the lower foal is against the upper foal, he will probably bury a trick, hold back the bad rotating cup and bump it when the time comes, and see that the Silicon Valley twin stars are more colorful!

……#……

I had a birthday yesterday, and I didn't plan to have it, but I was suddenly attacked!

And then......

You get the idea!

me, drink me to death! (To be continued.) )