Chapter 281: A New Identity
Google's debut on the NASDAQ was grand and sad.
Larry. Paige, Sergey. Brin, and perhaps CEO Schmidt, the three senior executives at the helm of Google, are determined to challenge Wall Street and use a "Dutch-style auction" for this fundraising listing, the so-called Dutch auction, in which investors enter the number of shares they want to buy and the price they are willing to pay for those shares, and then the highest bidder can buy the shares first until all the shares are sold out. It's clear that the value of the company in mind by Google's founders is not so commensurate with what the public is willing to pay.
Realizing that the situation was not as rosy as he thought, Page revised the IPO pricing range to $85 to $90 per share, but the final listing price was only $85, which is the lowest end of that range. Google offered $19.6 million at that price, while Page initially hoped to offer 25.9 million shares at $108 to $135 per share.
The difference between the front and back can be said to be too large to bear.
This time for listing, Google originally hoped to raise about 3 billion, but the result was only half of this number, less than 1.7 billion.
By the time the dust settled, Google was one of the few tech companies that had been able to make a successful massive IPO, despite the Nasdaq crash. But that number clearly leaves Page with a significant gap.
The reason, of course, is that there is a problem with Page's decision-making.
Dutch auctions are not completely impossible, and MB, for example, may be relatively more suitable for this approach.
This kind of auction method strictly requires investors and shareholders to have confidence in listed companies, which is very understandable, this kind of auction-style stock transfer, first of all, of course, must be attractive, so that more people are willing to bid, and the price will be speculated to a higher level.
Page didn't expect this, and his level of recognition for Google was not in agreement with investors. People don't buy Google's account that much, and not so many people think that Google will be a respectable company. Besides. Page also looked at everyone's psychological endurance since the stock market crash.
In a way, Google was a pioneer in the sacrifice, starting with Google's IPO. Technology stocks are starting to shine again, and people are beginning to realize the huge wealth and opportunities that search engines will bring, and even more Internet business opportunities.
According to the terms attached to Google's investment in MB and the acquisition of Blogger at the time, that is, the gradient acquisition agreement between Plutos and Google - these are all public information that needs to be explained to investors. Google's total fundraising is less than $2 billion. Plutos owns 10 million original shares of Google at 70% of the listing price.
It's a lucrative business anyway.
In the complicated situation of Google's IPO, Plutos is undoubtedly the least questionable winner.
The total acquisition amount of about 600 million US dollars is affordable for Plutos, and at the current price alone, Plutos has already earned about 200 million, not to mention that the trend of stock price upward is inevitable, which may become the most high-profile stock market operation of the year.
……
"Do you think that's credible?"
Robert pointed to the front page of the Wall Street Journal, which was not a small block under the headline of Google's listing. The bold headline is noticeably harsh.
"Daniel. Sandler, the king behind the social kingdom? ”
He wasn't Dick from the headquarters in front of him. Cook, but the brothers Bob and Harvey-Weinstein.
Bob took a deep breath, Daniel's appearance on the NASDAQ yesterday really gave them an unparalleled shock, if Daniel is really MB and F2F, and even the controller behind Google, the wealth he holds will be counted in billions of dollars, which is far more than Miramax's valuation, not to mention. MB hasn't been listed yet, it's kind of listed, and who's to say it's not a second Google? It is a 10-billion-level giant, and Disney has a market value of only tens of billions in a century.
It's really unbelievable. Robert invited them over, but there was no way to determine the facts.
"If this is true, I'm afraid Disney's previous actions will be miscalculated, right?"
Harvey said suddenly, some tacit things, it is not so embarrassing to say it at this time.
Robert's face was even more grim than he had said.
In fact, according to the need to consider what Daniel's new identity can do. Once his identity is confirmed, his special status in Hollywood will be established, and Disney will no longer be able to suppress Daniel. Of course, Hollywood has Hollywood rules, but Robert is not sure what such rules can do in the face of situations that have never been done before.
At this time, there are countless people in the United States who are speculating about the veracity of the Wall Street Journal report.
There is only one person who can be almost certain.
Evans, the website editor of USA Today, the news editor who came close to finding out about Daniel's back, had explored Daniel's relationship with Plutos, the one behind MB, when Apple and IMP struck a deal.
As a news reporter, Evans has a habit of scanning the latest news, scanning the headlines of major websites one by one.
As the hottest story of the day, including USA Today itself, this will definitely get into Evans' eyes.
Just when I saw this piece of news, Evans was simply.
"My God, my God, oh my God."
"What's wrong with you? Evans, did someone put a scorpion on the stool? His colleague looked at him as if he had a hot dumpling in his mouth, and he wanted to spit it out but was reluctant, and he couldn't speak if he didn't spit it out.
"No, no, Daniel, Daniel."
My colleague understood what he meant this time and sighed.
"Do you think that's true? Maybe he's just like Schwarzenegger, who has a stock in Google, and he has some connections in Silicon Valley, which is not unusual news. Oh, by the way, the last time he visited Google, you did the news. But if it's true, it's terrible, is he the youngest super-rich? Will he go to Fox? God really favors him so much that such a person lacks nothing. But I'm still worried about next month's bill. ”
Evans' colleagues had long been shocked by the news and were now full of chattering complaints.
"No, it's not," Evans managed to calm down. He paused, then rushed to his boss's office, and after a while, the editor-in-chief of USA Today's online media department rushed out with him in a whirlwind.
Colleagues who realized that something was wrong also gathered around.
Evans turned on his computer and went through the folders. Find the file from DD Pictures.
Daniel, David, and Plutos Investments!
"My God!" The editor-in-chief sighed, "Right away, Evans, you will edit the manuscript and hand it over to me immediately." ”
The editor-in-chief returned to the office like a whirlwind.
The colleague who realized it later only reacted at this time, "Does this mean that DD Pictures is also invested by Plutos?" ”
Although this news is confirmed, it does not in itself provide foolproof proof that Daniel is the person behind Plutos. But Plutos was found to have another investment behavior, which happened to be Daniel. Sandler's independent studios - this is too much of a coincidence.
A lot of the time, it's the media, it's the public. They don't need full proof, all they need is to convince themselves of their reasons, and now that Plutos has invested in DD Pictures, it is undoubtedly a reason to be able to convince themselves.
……
"Expected, isn't it?"
Kusa said bitterly.
Never-ending phone ringing, flooding emails, waterfall of news reports......
If it weren't for Daniel's own absence at Malibu's home, it would have been instantly packed.
"We will hold a press conference on August 21 to explain this matter."
Again replied to a caller with a standard answer. Kusa felt a little out of his way.
They were in a hotel in New York, and Larry. Page doesn't live together, and Page must be too busy right now, but Daniel can be lazy.
Last night. Paige had long sleepless nights and drank a lot of alcohol outside with Daniel.
Google's successful listing is good news, and it is indeed a setback for Page.
"MB will be run by those Wall Street bastards?"
Daniel nodded, "It should be." And thank you guys. Google's IPO has brought some encouragement to MB in any case, and even if it cooperates with Wall Street, it will not fall on the weak side. ”
This is true, even if Google is calculated, MB does not need to be intimidated by this.
Google's IPO crisis stemmed from investors' suspicions about tech stocks and distrust of Google itself, and Wall Street's promoters played an important role, but that role did not mean it was decisive. Relatively speaking, MB is more well-known than Google, although Google has more users than MB, but as the top spot of the social network, MB is dealing with the public, investors, shareholders, MB's operating model and profit model are understood, not to mention, MB's profitability has long been recognized, although after getting Google and Plutos re-injected, MB has shifted its focus from profit to attracting users, but its profit model has been optimized, All this is done under the noses of investors who are watching from the side.
Therefore, their recognition of MB is actually higher than Google's.
After all, Google's annual profit is indeed more than 200 million, but the advertising revenue alone is a bit uncertain in any case.
Considering these differences, even if MB adopts a Dutch-style auction, Wall Street may not be able to move too much, and Google has also covered a layer of cloth, investors cannot see the meat inside, and it is possible to be manipulated by Wall Street. MB is already a piece of fat meat, and it will be difficult to keep the price down at this time.
Page apparently had this in mind, too.
"Did you already know about this outcome?" Paige's tone was calm, he didn't need to be angry, although the IPO was not perfect, but there was always a beginning, otherwise he wouldn't insist on setting the listing price at $85, "When we talk about capital injection MB and revenue blogger, you expected this result?" So with that gradient protocol. ”
Daniel thought about it, but nodded, "I have this guess, and a lot of work is done based on this. ”
Paige was amused by his honesty and let out a sigh of relief.
"Tomorrow's news, it's definitely you. Daniel, are you ready to become a businessman? ”
"No, I'm ready to go to Berkeley."
Paige paused for a moment, and felt that maybe he shouldn't have come to drink with Daniel.
……
"Wow, Daniel, look at how powerful the media is?"
Triver turned the computer screen around and showed it to Daniel.
"USA Today?"
Evans' fresh report has now been reprinted all over the web.
"New Evidence: Daniel and Plutos Already Cross Path"
“…… DD Pictures' original investor documents clearly stated 'Plutos Investments', but now DD Pictures no longer has this company on its documents. Whether it has withdrawn from the company, or continues to control DD Pictures in the name of Daniel, it is predictable that Daniel. There must have been some kind of close relationship between Sandler and Plutos, even before Plutos' investment in MB and F2F, in other words, Plutos' investment in a Hollywood independent studio ushered in a social age......"
In the report, Evans's picture was also placed on it.
MB, Google, F2F, Apple, DD Pictures, Daniel, Plutos, these nouns are circled and used lines to indicate their relationship to each other.
Obviously, they are both closely related to Daniel, and the connection between Plutus and the other individuals is very much in line with Daniel's.
Daniel is an iconic figure in MB and F2F, and has been committed to driving the rapid development of MB and F2F many times, while Plutos is the owner of both companies.
Daniel is a suspected shareholder in Google Inc. and was once invited to visit the company. Paige communicates directly. Daniel is also the most popular user of Blogger, now Google Blogger. Plutos is a major shareholder of Google.
Not to mention the newly exposed DD Pictures, the two sides almost coincide, and they are both shareholders of DD Pictures.
Even Apple, which is not too obvious, can find some clues, with Daniel owning a lot of Apple stock and Plutos in contact with Apple – rumored to be a smartphone collaboration.
Evans' chart can be described as clear and unambiguous.
Daniel and Plutos were tied in the middle, and an equal sign was placed between them, and another question mark was placed on the equal sign.
"That's the mystery? Daniel is the behind-the-scenes boss of this well-known social networking investment firm? Despite the incredible, in the face of heavy evidence, we seem to have to believe that in addition to the roles of super global icon, three Oscar winners, consecutive actors, studio owners, and billionaires, Daniel has a new identity - a business giant! (To be continued.) )
PS: See Chapter 223 for Evans' findings