In the next two days, the upper class society in San Francisco was completely activated by the roadshow of Feixun technology. Many wealth leaders, families and fund managers from San Francisco, California and even the United States appeared one after another. Obviously, everyone knows that Feixun will undoubtedly be a wealth feast.
Nowadays, it is generally believed that as Feixun technology begins to set foot in the network portal, relying on YY's huge user base will challenge the status of Yahoo portal. Considering today's Yahoo market value, many people believe that Feixun's market value may be close to Yahoo soon.
Therefore, even if Feixun has a proper market value of US $20 billion according to the current issuance price, many institutional investors do not hesitate to take a share. After all, according to the current situation, as long as they get the shares before listing, they may double their growth soon. No one wants to miss the opportunity of "picking up money for nothing".
Recently, there are not too many people who want to apply for Feixun shares. From Li Fengdao, Eric Schmidt, to those executives of the company and the contacts of several major underwriters, these have become the friends of the upper class in San Francisco.
Three days later, Hilton Hotel, San Francisco Financial District.
Since three days ago, the Hilton Hotel in the financial district has been directly full. Starting early this morning, many hotel staff have found a lot of well-dressed and powerful dignitaries who continue to gather in the hotel.
Of course, the staff of the hotel also know that these people suddenly gathered in the hotel today. In fact, they mainly came for the roadshow of Feixun technology. Unfortunately, today's San Francisco does not have its own hotel.
In fact, whether Waldorf hotel or Skyline Hotel, real estate companies have started construction in San Francisco. For example, Waldorf Hotel Li Feng chose the famous palace hotel in San Francisco.
The hotel, established in the 19th century, has been purchased at a high price by the hotel group under the real estate company. Now it is being renovated and will become the flagship of Waldorf hotel in San Francisco in the future. The Skyline Hotel has also obtained a piece of land in the Pacific highland, the most famous luxury residential area in San Francisco, and is ready to be built into a top hotel focusing on leisure and entertainment.
Just like this, with the idea that fat water does not flow to outsiders, Feixun's old Jinshan roadshow was finally placed at the Hilton Hotel in the Financial District of San Francisco.
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With the passage of time, more and more people came to the Hilton, resulting in the crowding of the originally spacious Hilton Hotel. As the time turned to 9:30 a.m., all the staff successively entered the large banquet hall on the 23rd floor of the hotel. Today's roadshow was held here.
The whole banquet hall can accommodate nearly a thousand people. At this time, the banquet hall is really a little crowded. You can imagine the popularity of the roadshow. Looking at the lively scene in front of you, whether it is the big boss Li Feng, the big manager Eric Schmidt, the company executives, or the bosses of several major underwriters, all smile.
Well, it's not the first time that Li Feng has participated in such an activity. The roadshow sounds so "tall". In fact, if you really want to say it, it's just that. To put it simply, let's get together and have a good chat.
The management of the company answers some questions that can't be seen in the data and explains them to those investors. If the investors are satisfied with the answers, the next step is to apply for a certain amount of shares.
Among them, Li Feng found many familiar figures, from Wall Street to Silicon Valley venture capital institutions, from rich family funds in the east to powerful companies in the west, and so on.
Naturally, when Li Feng took Eric Schmidt and other executives into the banquet hall accompanied by several major underwriters, it attracted almost everyone's attention, and some investors paid attention to Li Feng. After all, Li Feng's wealth myth and investment myth have continued, and such legends can always attract people's attention.
Many investment institutions and investors began to ask questions about Li Feng and his party, but the center turned to Li Feng.
"Mr. John, do you think the subscription price of Feixun technology is appropriate? What kind of company will Feixun become in the future?"
"Mr. Li, can you disclose your shares in Feixun technology company, including Morgan Stanley?"
"Excuse me..."
......
As Li Feng, the company's management and the leaders of the Underwriters took their seats one after another, many investors also took their seats. Then it was lively. Many investors asked about the company, and the company's management led by Li Feng answered one after another.
After all, it is an investment project that almost everyone is optimistic about. Therefore, the whole roadshow is still very smooth. No one will deliberately choose to win a place. Everyone will consult about the questions that Feixun wants to ask, and want to know whether Feixun's future is worth investing.
Questions asked, from the current scope of the company's business expenses to the possible new investment channels of Feixun in the future; From the company's management structure to the future board of directors and shareholders' meeting; From the current shareholders of the company to the rights and interests of major shareholders in the future; From the current company's revenue to the expected revenue in the future, there are all kinds of problems.
Such inquiries are divided into two sessions in the morning and afternoon. The management team of Feixun Technology Award company and the underwriters are divided into two teams to deal with the upper and lower sessions respectively. Li Feng just appeared at the beginning of the morning. He does not lack investors, but he is not interested in "torturing" everyone.
Due to the relatively large scale of the listing and financing of Fei Xun, even when the Internet bubble is soaring, there is no hard situation. After all, the stock issue is about 20%, about 220 million shares.
According to the current scheduled issue price of $20, it also needs $4.4 billion. This is not a small amount. Even if there are more investors, it can not be said that a roadshow will be full.
In fact, in the morning of the first stop in San Francisco that day, the number of shares subscribed reached 100 million. Everyone expressed confidence. Although it may be more enthusiastic because of the first stop, it is only 240 million shares after all.
In addition to the first San Francisco, there are many roadshow stations, from Meidi to Europe to Asia. We can imagine the final outcome. Everyone is optimistic about the subscription of Feixun's shares, and some even began to propose to raise the issue price.
......
Luckily, the Internet is in the period of bubble burst, which leads to the fact that the stock of flying news is really not worried. These institutions and investors are waving cheque books to get the shares of flight news, which shows investors are crazy about the Internet.
That afternoon, the roadshow of Feixun opened again, which was also sought after by investors. In the afternoon, more than 80 million shares were subscribed again.
Listening to the excited discussion in the hotel conference room, Li Feng smiled and said, "since the investors are so enthusiastic, do you think we can consider readjusting the issue price and raising it a little?"
"Boss, I think so!"
“...”
The management represented by Eric Schmidt spoke in support of Li Feng's proposal. Obviously, for the management, the higher the issue price, the better.
Looking at Li Feng and the management of Feixun, John Harrison, the vice president of Damascus and the general contact person of the underwriter, could not help feeling that Alexander might be the reason for the first stop. John Harrison chose to be safe.
"I think we can follow the current temporary roadshow and look at the roadshow in the next few stops in the United States, and then make adjustments according to the situation. If the next stops, including New York, can be as crazy as San Francisco, we can issue a prospectus supplement at that time, and it is feasible to increase the share price."
"OK, Harry has a point. Let's watch two more stops." Li Feng was right when he thought about it, so he said firmly.
"Well, it's up to us next."
“...”