"$400 billion in plates, more than $100 billion in financing, if you can eat a part, even if it's just a part, you say, will you still send it?"

Recalling Buffett's pointers in his mind, Ron excitedly left the office.

He wants to instruct all Morgan Stanley's product managers, no matter what method they use, to find a way to win a part of the Penguin's underwriting amount.

It's just that when Ron walked to the business department, the word penguin suddenly flashed in his ears.

"You're talking about penguins, aren't you?"

Ron jumped up excitedly, grabbed Cherno's clothes, and said loudly.

"Yes, yes, yes, Mr. Ron."

"Great, Cherno, you've done a great job. What you said just now, you tell me carefully. ”

Cherno was a little stunned by Ron's capture, but at this moment, how did he know what Ron was thinking.

Immediately, Cherno told Ron in detail what had just happened.

However, when Cherno finished speaking, Ron's eyes were already red.

"Cherno, you're saying that guy is a madman."

"Yes, Mr. Ron, this guy is the craziest maniac I've ever seen."

Completely unaware of the arrival of the power, Cherno still said.

"In the end, I saw that he was really too outrageous, so I sent him away."

"I, I ......"

At this moment, Ron almost vomited blood.

Looking at Chernoh in front of him, Ron kicked over, "Cherno, you fuck me off." ”

"Ah, Mr. Ron."

"Ron."

At this point, Cherno couldn't figure out why he was kicked out of the company by Ron.

It wasn't until Penguin actually went public that Cherno really understood.

At that time, I made an unforgivable mistake.

……

After walking around various financial and securities companies in the United States, Zhang Ning found that some of his previous plans did not work.

Originally, I only wanted to let 3 securities companies underwrite, but now it seems that the plate of 400 billion US dollars and the financing amount of more than 100 billion US dollars, let alone 3, even 30, are enough to choke. Take Goldman Sachs Group, which I just went to, Goldman Sachs is very interested in the listing of Penguin. However, they are also dumbfounded by the financing line of more than $100 billion.

Just as I was having a headache about this, suddenly, a person came to visit.

Ron.

CEO of Morgan Stanley.

Zhang Ning smiled slightly, he knew that they would come back again.

It's just that if it was before, Zhang Ning still had some interest in Morgan Stanley. But now, he has no interest.

It's not that Zhang Ning doesn't welcome Morgan Stanley as his underwriter, now Penguin has such a big plate, whoever can pick it up, he welcomes it. It's just that it is precisely because the Penguin company plate is too big that it is far from being able to take it by one or two companies. Even if Morgan Stanley is not bad, I am afraid, it can only receive a few billion dollars at most.

"Hello, Mr. Zhang Ning, it's a pleasure to meet you."

There was some embarrassment, but Ron still came to Zhang Ning.

Such a big business, if you don't get it, it's really a shame in the industry.

"Hello, Mr. Ron, welcome to our Facebook network, no, I think it's a penguin."

"Thank you."

Seeing that Zhang Ning was not angry, Ron was a little relieved.

"First of all, I would like to apologize to you, because we are really sorry for the negligence of our employees."

"It's okay."

Zhang Ning didn't mind at all, "So, Mr. Ron, you want to say that you want to be our penguin's underwriter." ”

"Huh......"

Ron was a little surprised, this Zhang Ning, so easy to speak.

It's just that, no matter how surprised he is, since Zhang Ning took the initiative to speak, Ron nodded violently, "Yes, yes, yes, we Morgan Stanley are one of the most well-known financial and securities companies in the United States, and we are willing to provide you with the best quality service." ”

"Well, I just like companies like this. I'm sure you should get to know our penguins this time. This time, our penguins have about $450 billion in plates, and the amount of financing is around $100 billion. So, since Morgan Stanley is so good, why don't we underwrite all $100 billion to you, what do you think? ”

"Oh my God, that's so good?"

Ron almost screamed and hugged Zhang Ning fiercely, but when he finally heard about the $100 billion, Ron's smile was uglier than crying.

"Mr. Zhang Ning, you are really joking. $100 billion, where can we take it. ”

Isn't that a joke?

Morgan Stanley's market capitalization is only about $100 billion, so if it takes over Penguin's $100 billion plate, it will have to sell Morgan Stanley.

"Then how many can you take."

Zhang Ning was a little depressed.

Alas, the company is so big that even going public is a troublesome thing.

“20……”

Ron would have wanted to say $2 billion directly.

$2 billion, which can be described as Morgan Stanley's largest underwriting business.

However, when you think of Penguin's $100 billion financing amount, all of a sudden, there are some things that you can't say.

Finally, he was ruthless, "$5 billion." ”

"Mr. Zhang Ning, we at Morgan Stanley are willing to take on the underwriting task of $5 billion."

It's just that for $5 billion, Zhang Ning is depressed.

Compared to a plate of $100 billion, $5 billion is only a small amount.

Although, Morgan Stanley's $5 billion is much more generous than other JPMorgan Chase, Goldman Sachs and the like.

However, so many securities and financial companies combined, they still can't take over $100 billion.

Such a phenomenon can't help but remind Zhang Ning of Alibaba's listing in later generations.

Alibaba's share price at that time was $60 per share, with a total valuation of about $120 billion and a financing amount of 20 billion. A fund of 20 billion is only 1/5 of the current 100 billion US dollars. But in this way, even the financing amount of 20 billion US dollars was jointly underwritten by nearly 20 financial and securities companies in the United States, and this was completed.

Now that the capital has been raised to $100 billion, these companies have suddenly become bigger.

As if seeing Zhang Ning's disinterest, Ron hurriedly explained, "Mr. Zhang Ning, this is the limit of our Morgan Stanley. You also know that in any company, the cash flow is not very large. Even financial and securities companies like ours can't come up with too much cash flow at once. ”

"Mr. Ron, what you said is good, but you also know that even if you add your $5 billion, it's a far cry from $100 billion."

Ron didn't speak for a moment.

What Zhang Ning said is also true.

If you can't take the plate, what do you want these underwriters to do?

It's just, then again, who told your company to open such a big business.

Of course, Ron wouldn't say anything like that.

"I know what Mr. Zhang Ning means, but there are really some difficulties in fully reaching your financing limit of more than $100 billion. Unless ......"

"Unless what?"

"Unless all the underwriters from all over the world are found to underwrite together."

It's just that after Ron finished speaking, he shook his head, "It's impossible again." ”

According to the U.S. listed company system, companies listed in the U.S. can only find underwriters in their home countries.

It's just a joke from Ron, but he doesn't want to really come true.