Chapter 2132 Raise the Valuation Again! !
Undoubtedly, the headlines on the front pages of all the financial and comprehensive newspapers the next day were based on what Yin Jun said.
The reason is nothing else, that is, what he said was too sensational!
For the first time, Microsoft, a technology software company, stood in front of ordinary people in the United States and even the world with such a strong halo.
The concept of 100 billion US dollars and 500 billion US dollars is something they have never considered.
A company may be worth $100 billion, but it is absolutely impossible to reach $500 billion!
This is equivalent to 10 times the value of the most prosperous Wal-Mart in the United States today!
But Wal-Mart has hundreds of large and small supermarkets, what do you have at Microsoft?
It's just an ordinary medium-sized company with more than a thousand people!
In terms of wealth and value created for this society, as well as its significance to this society, even Wal-Mart can't compare to one-tenth of that!
Yin Jun dared to speak such wild words, what kind of mentality did he have?
Some people have analyzed that because Microsoft is currently on the IPO road show, Yin Jun wants to increase its value, so he mentioned it like this.
But this claim was immediately refuted.
First of all, Yin Jun has never been a big mouth.
This genius is famous for not being able to speak casually, but once he speaks, he will definitely act.
And his ability to predict and judge is absolutely world-class.
Remember when he first joined Disney and United Artists?
He vowed that "if the global box office of "The Lion King" does not exceed 800 million US dollars, he will withdraw from the North American film and television industry."
How much did "The Lion King" make at the box office?
It easily exceeded 1 billion US dollars, and even now, it is still the number one movie in film history!
Before contacting him, we can now know that Yin Jun is really optimistic about Microsoft's prospects.
Besides, Microsoft is really a very fast-growing company.
From the beginning, they could only rely on IBM to give orders, and now they are the world's first installed smart window system software developer, and they only took less than 8 years.
Especially after Yin Jun bought 50% of the shares, the development of Microsoft is definitely a step a year, and it is a big step.
According to rumors in the market, it is precisely because of Yin Jun's various suggestions and guidance on software development that Microsoft's Windows system can be upgraded so quickly and excellently.
Believe it or not, Microsoft's second-best-selling office software was developed by Kirin Lab.
And Microsoft's response was also very fast, and immediately bought the office software with 10% of the shares, and merged the software department of Kirin Lab.
Now it seems that Microsoft's pay is very worthwhile.
Since the purchase of office software in March last year, its sales have been rising all the way. So far, it has reached a high sales volume of 7 billion US dollars, which has solidly increased the market value of Microsoft and added a foundation.
Therefore, Microsoft's estimated market capitalization of US$3 billion in IPO is completely underestimated.
Not to mention what 100 billion US dollars is, but many investors feel that at least 5 billion US dollars is completely worth it.
Or if you look at their hot sales, 10 billion US dollars is not high at all.
The growth ability of this software company is beyond imagination.
It's just that they are not as optimistic as Yin Jun.
It is actually estimated that Microsoft will be worth 500 billion US dollars in 20 years!
If that's the case, wouldn't this unremarkable medium-sized company now become the number one company in the world?
Such thoughts echoed in the hearts of countless investors.
Especially those small and medium-sized investors, they admire Yin Jun's history of making a fortune, and Yin Jun's brilliant achievements.
Small people especially like blind obedience. For example, later, when Buffett buys any stocks, the public will definitely follow them.
Yin Jun is like this now, he has become a weather vane.
Not to mention Microsoft, even Apple, which was in great trouble last year, after Yin Jun became the largest shareholder, many people rushed in to buy the stock of Apple, which fell to the bottom.
Then the North American branch of Kirin Group also issued a special statement, saying that it is optimistic about the long-term development of Apple. If it is in the next seven or eight years, Apple should still be adjusting, and it does not have the value of investing in making money.
This statement made Apple's management dumbfounded.
However, Apple's performance later proved that Yin Jun's judgment was correct, which made the public believe in Yin Jun even more.
"Jun, Goldman Sachs has contacted me urgently. They are going to increase the valuation of Apple's IPO to 5 billion US dollars!" Bill Gates called excitedly early in the morning, "After a night of meetings After discussing with them, I decided to follow their suggestion and take a risk! What do you think?"
Yin Jun almost wanted to slap him.
You all had a meeting to decide on this matter, and you asked me how it is. What does this mean?
Although my voting rights are in the hands of you and Paul, you shouldn't tell me so late, right?
Is this a notification?
Fortunately, Yin Jun also knows that a company does not need two voices. History has proved that Bill Gates will succeed, so he does not need to ask himself about everything.
This is not only not conducive to the development of the company, but also very tiring.
Therefore, the boy praised Bill Gates for his boldness without hesitation, and was so happy that he was still smiling when he hung up the phone.
In fact, Yin Jun also misunderstood Bill Gates a little bit.
It is precisely because he does not intervene in any company affairs on weekdays that Bill Gates really did not think of him when discussing business matters.
Before he was about to reply to Goldman Sachs, he suddenly remembered Yin Jun, and then hurriedly called.
If Yin Jun disagrees, Bill Gates will seriously discuss it again to see if he is too optimistic.
Now Yin Jun agrees, of course he is full of confidence.
Of course the teenager is also very confident.
In the previous life, there was no WIN86, that is, WIN95, and there was no OFFICE software. Microsoft was highly respected if it could be listed, and its market value basically reached 500 million US dollars.
Now that these two epic weapons have appeared, and with such a good sales performance, shouldn't Microsoft reach a market value of 5 billion US dollars in IPO?
In fact, this was in the 1980s. If it were changed to 2020, without a valuation of 100 billion US dollars, Microsoft would not even consider going public!
Why?
When Guge and Feishibu were listed on the market, they were not yet profitable, but they were able to have such a large valuation!
Not to mention these two companies, there are so many loss-making super-large Internet companies in Huaguo, didn't they all lose money when they went public?
For example, Netease, such as JD.com, such as Vipshop, such as Weibo...
Aren't they the same as being super sought after by investors?
My Microsoft's annual sales have exceeded 40 billion U.S. dollars, and the profit margin is quite high, and the future of development is promising. Where do you find this kind of profitable Internet software company?
But in the 1980s, let alone the Internet technology industry, even the software industry has just started.
Even computers are only just developing rapidly.
Therefore, people are very cautious about this new thing, just like Buffett.
Otherwise, how could it be possible that Microsoft's overall profit last year was as high as more than 4 billion U.S. dollars, but it only gave an IPO market value of 3 billion U.S. dollars?
It's totally unreasonable!
Even Bill Gates took it for granted in his heart, and decided to rely on the continuous struggle in the future to allow Microsoft to grow step by step, so that everyone can look at it with admiration.
Unexpectedly, as soon as Yin Jun came up, he set the tone for Microsoft's market value of 100 billion in 10 years and 500 billion in 20 years.
This made people, including Bill Gates, suddenly wake up.
It turns out that the future of Microsoft is so bright!
In view of such a mentality and sensational news, and in view of the fact that Microsoft's performance is indeed very good, Goldman Sachs also raised the IPO valuation by 2 billion US dollars to 5 billion US dollars after urgent discussions!
Next, Colati also called Yin Jun.
He explained the main content of the meeting with several of himself after the IPO roadshow last night.
What they consider is whether if Microsoft's IPO valuation is raised again, it will be broken as soon as it comes up.
If that's the case, Goldman Sachs will have to spend a lot of money on the tray, not to mention, it will be questioned that it has a bad vision.
This is the most important mistake.
But after considering and discussing for a long time, everyone decided to give it a try.
Not only because of what Yin Jun said, but also because of the active performance of all investors during this period.
The IPO valuation of 5 billion US dollars is not too high at all. If you are really brave, a dozen fund companies will be able to eat up 20% of the shares they took out.
If you consider the follow-up effect of ordinary investors, there is basically no difference.
Although it is a little risky, if such a list is made, then when those technology and Internet companies want to go public in the future, they will not be the first to think of Goldman Sachs?
This kind of brand effect and prestige is definitely not bragging!
To build such a good reputation in Silicon Valley, even if they take risks, it is worth it!
Yin Jun admired their determination and imagination of Goldman Sachs very much.
In fact, in the previous life, it was through the successful underwriting of Microsoft's IPO that they made a name for themselves in Silicon Valley and became the trusted objects of these new technology companies.
Otherwise, there would be no famous companies such as Guge and Feidie, who would ask them to help with the operation and listing.
To get something, you have to give something.
This principle is common both in ancient and modern China and abroad.
The same is true of Bill Gates now.
In order to cope with Goldman Sachs's upward IPO valuation, their team's next trip to Europe will not only increase the number of cities such as Berlin, Frankfurt and Marseille, but also extend the time by about half a month.
In this way, it will be officially listed in the United States, at least in late May.