Chapter 1420: Not Losing

"Mr. Feng, how will Google develop its business in Greater China and increase revenue?"

After hearing this question, David and Kent, who had been at the road show, finally got a little energetic, and it started to look like a road show.

Really, today’s road show was the most unlike a road show they had ever participated in. At the beginning, after the PPT session, they both wondered if they had come to the wrong place. They didn’t even tell the planned story. It went directly to the question session for prospective investors.

But look at the questions those people are asking, "Compared with the founders of Google, what is the main gap between our young people?" "How can we live in harmony with such talented founders?"

Well, although this kind of question is not closely related to today's topic, it is still somewhat related. It can also be said that by understanding the founder of the company, we can understand Google sideways and predict its development prospects. estimate.

But for the other ones, "How is your NEXTDOOR? When will Facebook be introduced to the mainland? How about YouTube? When will they be launched?"

Does this have anything to do with this road show?

There are even more outrageous questions, "What issues should I pay attention to when investing in the United States?" Or, "I have a good project, how about cooperation?"

Although I am not very positive about this sales, the development of this meeting to this point is a challenge to David and his team's professional quality.

They almost stood up to correct their mistakes several times. Is this a road show? This is more like a personal meeting with the big star Feng Yiping.

Please, if you don’t know the theme of this meeting, please carefully read the words on the big screen, okay?

However, they seemed to be the only ones in the audience who were a little anxious. Even the person directly involved looked at Feng Yiping with a relaxed look on his face, as if he was still enjoying it.

"Everyone already knows that we have an increasingly large-scale Chinese company. With the help of the localization topics we have been studying before and a series of effective publicity activities, our market share in the Chinese search field is constantly increasing. rising,"

"We continue to invest heavily in developing search products that make it easier for users to get answers to their questions, even before you ask them."

"For example, when a local user searches for Jiasheng Holiday Hotel on our website, our location service allows you to conveniently and intuitively see the hotel's location on the map, and also has a phone number,"

"Such search results, coupled with our unique AdWords advertising service, will bring us more and more customers and revenue...,"

Feng Yiping spent nearly five minutes to fully answer the most professional question at the only road show in Asia.

…………

Is this the end? David and Kent looked at Feng Yiping walking off the stage, surrounded by a lot of people exchanging business cards. Isn't this child's play? Everyone originally expected Page and Brin's road show to be the weirdest, but it turns out that their Google is not the weirdest. , only more bizarre!

The key is that they can't even get in around Feng Yiping now.

David was a little hesitant. I didn't realize that he was so unreliable. He was responsible for the sales in Asia. If the performance was too poor, there was really no way to explain it.

He put his hands on his hips and walked around in circles anxiously. How about temporary coordination and adding a road show in RB or Singapore?

"David," an assistant hurriedly walked in with a complicated look on his face, "The online subscriptions are extremely popular. As of just now, this is the summary of the Asian customer demands of all underwriters, including our customers. "

If there is feedback so quickly, it can only be bad! David took it and took a look angrily, then he couldn't believe his eyes, "What? Is this true?"

"Yes, I checked three times, and they all got the same result. It's close to 10 million shares," the assistant also said as if I might be having a very real dream.

"Look," David blankly handed the document to Kent from HSBC. Looking at Feng Yiping who looked relaxed in the middle of the crowd, it turned out that the reason why this road show was so weird was because of this road show. Was it just a formality?

Indeed it is!

Feng Yiping had met so many people continuously from yesterday afternoon to evening, and that was the occasion for his real promotion.

As for why he doesn't tell stories? It's also because it's not needed.

Is there any more convincing story than that he directly encouraged all employees of his company to buy Google stock?

This at least shows that Feng Yiping is very optimistic about Google's stock in the short term. Otherwise, as Jin Ling worries, he is playing with fire with his current good, positive image and reputation.

Judging from Feng Yiping's past, he doesn't look like someone who plays with fire.

From this we can draw the conclusion that the short-term returns of Google stock will definitely be very impressive, so what stories are there to listen to and what questions are there to ask?

The vast majority of those who subscribe for new shares are looking for short-term returns. Not everyone has the funds to follow Buffett's example in long-term investment.

"The minimum bid we set is 95 US dollars, right?" Kent felt a little dizzy now, and he even wondered if he had memory problems. "60% of the bids are already above 130? Are there any more than 150? "

He wanted to say, "This is not scientific!"

But that's the truth!

David shook his head, yes, I didn't expect it to be so high.

This is mainly because this is in Asia. Considering Feng Yiping's influence, it is difficult for them to make "suggestions" to customers. However, in the United States, hehe!

They looked at Feng Yiping, who was in a leisurely mood at this time, and immediately remembered that in that meeting, he almost didn't think about it and directly said that he was responsible for underwriting the unsold stocks. So, this is his confidence?

In fact, it can't be said that he is confident or not.

10 million shares, even if calculated at a high price of US$150 per share, is only US$1.5 billion. There are so many people in the mainland and Hong Kong, so many bigwigs, and retail investors who have established confidence in Google stocks due to Feng Yiping's "welfare action". This is really nothing.

By the way, he didn't meet RB and Singapore's investment institutions yesterday.

Just as they were thinking about it, Feng Yiping came over with a phone, "Are you still awake? Wait a minute,"

"Are there any latest data?" He asked David.

"Here," Kent quickly handed over the folder in his hand. Before he opened it, another person ran in with a piece of paper, "This is the latest,"

"It's close to 11 million, and the fastest growing is retail investors,"

"Did you hear that, Schmidt? Nearly 11 million shares have been subscribed, which is more than one-third of our total issuance this time,"

"Really?" Schmidt, who was in London, also sounded unconvinced, "What about the bidding price?"

"It perfectly met Page's expectations. Many of the subscribers are retail investors, and the prices are mostly above 130,"

Feng Yiping heard the uncontrollable laughter and the rapid knocking on the door over there. After a while, Mayer's voice came over, "Feng, is what Schmidt said true?"

"It's all true," Feng Yiping is actually not as calm as he looks.

It seems that the Google IPO, which was regarded as a typical failure by many institutions, has been successful with his own efforts.

If we talk about numbers, this is the largest project he has affected since his rebirth. It would be a lie to say that he is not excited and has no sense of accomplishment.

"Before tomorrow, the latest data will be sent to you in time, so take a good rest and don't have any pressure. You can go out easily tomorrow."

"Haha, no wonder you insisted on putting the London roadshow in second place, Feng, I love you!" There was a pattering sound on the other end of the phone.

That was a flying kiss.

"Feng, I love you too," this is Schmidt, who actually patted his lips as well.

Yo, what's going on? You think you're also a blonde girl! Feng Yiping got goose bumps all over his body.

In fact, Schmidt and Mayer's ecstasy is understandable. Before today, because of the pessimism of the underwriting group and the sluggish market, Feng Yiping was probably the only one who had the greatest confidence in this IPO.

Page and Brin's confidence all came from him.

That's why they resolutely rejected the backup plan proposed by the two lead underwriters, Credit Suisse First Boston and Morgan Stanley, to reduce the scale of the issuance and lower the price of the haircut.

However, not only Schmidt, but even Mayer was somewhat lacking in confidence - letting Mayer, the flower of Google, participate in the roadshow in the UK is meant to please European investors.

Under such circumstances, they naturally feel a lot of pressure for tomorrow's meeting. Now the news from Asia has completely dispelled their concerns.

They did not expect that there would be more than several times the subscription this time. As long as all the subscriptions are subscribed, it will be a victory. Feng's subscription is now close to 11 million, and it is estimated that 1,500 shares will not be a problem. In the United States, it will not be less than 15 million shares.

So now it seems that the original expectation can be appropriately raised.

In short, Feng Yiping is right. They can go into battle lightly tomorrow.

…………

"Really?" In the Google restaurant, Page slapped the table heavily, and his and Brin's tableware fell to the ground with a clang.

Hearing Feng Yiping's short affirmative answer, he jumped up like a child, "Yeah! Feng, we love you!"

"Okay, okay, that's enough, it's up to you guys next," Feng Yiping hung up the phone in a hurry. He didn't want to be flirted with by Page and Brin, two rough guys, on the phone a few more times.

The two guys in the Google restaurant who laughed like the stupid sons of landlords finally calmed down. Page said, "How about we leave at night?"

Brin still hesitated, "Let's leave at night,"

"Come on," knowing that his good friend didn't like to take night flights, Page said, "It's still tomorrow morning. Don't you think we need a suit now?"

A decent and classy suit is really a product that they don't have in their current wardrobes.

"Huang's call?" Page looked at the phone and said with some surprise. This is really the first time, "Hello Huang, oh? OK, thank you, thank you very much!"

"What's wrong?" Brin asked.

"Feng has already made a suit for each of us according to our physical examination data, and we can pick it up now,"

"This guy," Brin could only say.

"Yes, this guy,"

Feng Yiping was not so careful, but who told him to have read a piece of news that said that the suit Page wore on the morning of the bell ringing was bought temporarily from Macy's.

…………

"Welcome, both of you," Andrew personally led a few people to wait downstairs of the company to welcome Page and Brin's group, "Mr. Purcell is waiting for you in the office,"

Philip J. Purcell is the big boss of Morgan Stanley, and has a very nice Chinese name, Pei Xiliang.

"Well," In this occasion where everyone is dressed in suits, Page, who is wearing a shirt, and Brin, who is still wearing a black T-shirt, are definitely the most conspicuous.

They shook hands with Andrew lightly and nodded coldly, "Thank you,"

To be honest, if it weren't for Feng Yiping's worry, they really wouldn't be impatient to come to Wall Street.

"Who are these two?" As he approached the elevator, Andrew looked at the two unfamiliar people around Page and asked.

It seems that these two are not among Google's executives, and there is a faint smell about these two that makes him uncomfortable.

"I am Cuomo, from Mr. Spitzer's office," one of them took the initiative to introduce.

Andrew was a little unnatural, "Mr. Spitzer?"

"Yes, Mr. Eliot Spitzer, the chief prosecutor of New York State, I am his assistant,"

The prosecutor's office? Andrew's face was really bad at this time. He looked at Page and Brin, WTF, what do you mean?

No wonder he was unhappy. Among the institutions that have always been at odds with Wall Street, the most annoying one is the Attorney General's Office.

All the Attorney Generals, their next target is almost always the governor.

And if they want to get the support of the people in the election, it is always right to take these guys from Wall Street as a target. This is also the unit that gives them the most headaches. Why do you bring these guys here now? Are you going to ruin the scene?

Page glanced at Andrew lightly. His reaction just showed that Feng's worries were not redundant.

Cuomo took the initiative to explain, "Mr. Spitzer believes that from this time on, there will be more and more IPOs with auction pricing in the high-tech industry. We are very grateful to the two Google people for providing us with such an opportunity to observe. Mr. Andrew will not have any objections, right?"

I am full of opinions!

Andrew was so angry. Are you observing? Are you supervising? Are you ready to catch our pigtails at any time?

He took a breath, trying not to make the broken teeth in his stomach make a sound, "Welcome, we welcome you very much too."

With these few plague gods here, it seems that it will be a luxury to let customers collude to lower the price after tomorrow's road show.

You are cruel!