Chapter 223

The listing of Yahoo has undergone great changes because of Li Feng, a butterfly. For example, today's market value is surprising.

According to the IPO, Yahoo is valued at US $4 billion and issued 80 million circulating shares accounting for 20% of the share capital, with an issue price of US $10. If successful, Yahoo will surpass Netscape and become the first enterprise on the Internet.

Now Netscape has a market value of less than 4 billion. This is the first enterprise on the Internet, but it is estimated that this first enterprise will change people soon. Especially as Microsoft's browser began to work, the browser dispute has begun in the United States and even around the world. Naturally, Netscape's share price has not soared in the phenomenon.

Due to its advance layout, Yahoo now has a total of more than 10 million Internet users around the world every day, with more than 50 million visits. Such data was almost the data at the end of 1997 in the previous life. Considering the number of Internet users around the world, it can be said that Yahoo has almost unified the Internet.

The traffic of the whole Yahoo even exceeds the total traffic of the websites of other Internet companies. It is conceivable that Yahoo is hot.

……

Naturally, Yahoo burned a lot of money. It raised so much money last time. At that time, it spent tens of millions of dollars on advertising all over the world. Yahoo's advertising can be seen everywhere.

Facing the global expansion and the construction of various infrastructure, the traffic of the website naturally increases, and the natural income also increases a lot. According to the current estimate, the income this year will exceed US $100 million.

Unfortunately, yahoo still lost money, at least on the book, because last year's financial report showed that it hit more than $300 million last year alone, and there may be more this year.

At least from the book, Yahoo is a loser, but in the face of Yahoo, everyone is optimistic that Yahoo is a super potential stock.

Previously, with the promotion of Yahoo's listing, even during the roadshow, Yahoo's shares were snapped up by many institutions before listing.

Naturally, with the promotion of listing, people's shares have been reduced again, and Li Feng's shares are only 15%, which is why he spent a lot of money and reluctantly stayed.

Both Yang Zhiyuan and David have less than 20% of the shares. David is not even as much as Li Feng. The three still have about 45% of the shares in total.

……

When they arrived in New York, they all went to the Waldorf hotel. Yes, this time Li Feng directly said to the people that he would treat them, which was a reward for them to stay in the Waldorf hotel.

At about 7 a.m. the next day, everyone got up one after another. They said that there was also a ceremony for the listing of NASDAQ, which needed everyone to attend. For this, Li Feng was still full of expectations.

After all, this should be the so-called "bell ringing ceremony for listing". Li Feng in his previous life was just listening. He was very interested to experience it this time.

After breakfast, the calculation time should be about the same. I heard that it was necessary to arrive at the NASDAQ trading building before 8.15 to attend the ceremony. Then everyone went to Times Square in a motorcade.

Yes, the NASDAQ trading building is in Times Square.

At about 8:15, the Party passed the security check and entered the NASDAQ gate under the reception of Goldman Sachs and Nasdaq staff.

Li Feng is also looking at the place he often heard of in his previous life. Unfortunately, it feels a little simple and the decoration is not luxurious. It feels like a very ordinary commercial building.

Naturally, since he came to NASDAQ to ring the bell, he naturally began to browse and take group photos. Li Feng also followed the crowd and took pictures with everyone.

In the trading building, you can see the server units looking through the glass window. These are the heart of NASDAQ. All transactions are completed by these computer servers.

……

Less than 9 o'clock, under the arrangement of the staff, everyone entered the studio. Li Feng visually observed that one side was more like a TV studio. There were all kinds of cameras in it. What he didn't know was that it was a TV station.

It is said that what is now recorded in the studio can be seen on the display outside the trading building. This is a live broadcast. Unfortunately, many New Yorkers are not surprised. After all, such a scene is often staged here.

At 9:00 sharp, when the trading market officially began, Yang Zhiyuan also took the people to it, and then officially rang the bell.

Well, Li Feng was actually disappointed with this process. He didn't expect that this was the case with NASDAQ bell ringing, which was legendary in previous lives. Later, I heard that even this bell ringing was saved and changed to electronic control. Just press a button to "ring the bell".

There is also a ceremony. It is said that it will start on September 30, which is the formal listing ceremony. However, Li Feng doesn't care much. In this life, he has experienced some so-called listing bell ringing. He understands what's going on. After some experience, he feels very boring.

In fact, Li Feng also has an analysis of the companies under his name. After all, he has been used to seeing a certain company listed in his previous life. Therefore, Li Feng has long been prepared. The network companies of the companies under his name are ready to go public for financing in the future. As for the rest, Li Feng is not ready to go public.

……

With the official start of the trading market, Yahoo was also officially listed. After that, some analysts began to take the stage to analyze the stocks in the market.

Naturally, after such a process, Yahoo is listed, and Yahoo's shares naturally appear in the market. Li Feng doesn't know the specific situation, but he told bill wilbey before that the stock Department of the investment company specially needs to absorb the circulating shares in the market, and how much it can absorb is how much.

After all, compared with the market value of hundreds of billions in future generations, the market value of $4 billion is really expensive. It's unreasonable not to invest.

Yahoo has directly entered the global selection market of NASDAQ this time. To be honest, Li Feng doesn't know what's going on. It's only clear through someone else's introduction.

Originally, when Nasdaq was listed, listed companies were also hierarchical. The lowest was the "capital market", which was specifically aimed at the financing of small and medium-sized enterprises; The second is the "global market", at which most enterprises are at this level; The last one is the Global Select market, which is the highest level of NASDAQ.

Companies that can be listed in the Global Select market are the best companies and symbols of identity. It was impossible to be listed according to the market value of Yahoo. However, with the help of financial giants such as Goldman Sachs and the actual situation of Yahoo itself in the global Internet, this is a precedent.

It happened that at this time, the above analysts were pointing to Yahoo's stock board to explain that Yahoo's stock had risen 30% to $13 in just a few minutes.

According to this calculation, Yahoo has a market value of more than 5 billion and has officially become the 'first share of the Internet'. Listening to the above analyst's explanation, everyone was still excited.

At the same time, Li Feng found that many tourists came in to visit at this time. Well, it turned out that you can visit here. Suddenly, Li Feng was speechless and thought that it was such a mysterious place.

……

Around 9.30, the person in charge of NASDAQ gave a speech on the stage and said something to welcome Yahoo to become a member of the Nasdaq market. Finally, Yang Zhiyuan also went up and gave a speech. Finally, everyone rushed up and took photos as a souvenir. The whole process was roughly completed.

However, Goldman Sachs is preparing to hold a dinner. It happens that it will be at the Waldorf hotel. At that time, all Yahoo people will attend in the evening, as well as many shareholders of major Yahoo, including venture capital companies, founder shareholders and many institutional principals who bought one after another before the roadshow.

When the market was officially closed in the afternoon, the person in charge of NASDAQ came to congratulate one after another. It turned out that Yahoo closed at $18.12, that is to say, now Yahoo's market value is more than $7.2 billion. It is about to break 10 billion and become the first share of the Internet worthy of the name. It's simple and crazy.

80 million outstanding shares, with a total financing of US $1.6 billion. This is a very successful IPO. Whether it's Goldman Sachs or Yahoo, at this time, everyone breathed out one breath. Yang Zhiyuan was a warm hug when he caught someone.

Looking at the happy scene of everyone, Li Feng felt that Nasdaq, the mysterious place of the previous life, has now experienced itself, and Yahoo's listing journey has finally been completed.

For the next development of YAHOO, Li Feng is full of expectation. Maybe because of her own reasons, YAHOO in this life will be more powerful than before. At least before the bubble burst, it will be unnecessary to press what it means.