Chapter 1422 Record-Breaking (Part 1)
"Why are you here too?" Feng Yiping asked in surprise when he saw Brin and Page getting off a car in the middle of the airport at the exit of LaGuardia Airport.
"Haha," Page strode over, hugged Feng Yiping tightly, patted him on the back twice, didn't say anything, just smiled, and his smile was as pure and bright as the blue sky and white clouds in the sky.
Oh, in the eyes of others, would this picture be too gay? Feng Yiping noticed the YouTube staff who followed him.
As we all know, he has always been the kind of person who will not miss any opportunity to take advantage of. He will naturally not miss such a big event as Google's listing. YouTube is responsible for the live broadcast of Google's listing this time.
Page was replaced by Brin, this guy who may sometimes look a little gloomy in front of outsiders, but now he smiled as warmly and flamboyantly as the New York City rose.
"Feng," like Page, he also patted Feng Yiping on the back twice, and then he smiled and hugged one of Feng Yiping's thighs.
"Hey!" Feng Yiping couldn't help but look pale. In broad daylight, in front of everyone, what was going on?
Immediately, his other leg was also picked up. It was Paige.
"Hehe," the two guys ran to the car with one of Feng Yiping's legs each.
Looking at the American spectators around who were taking pictures with their mobile phones, Feng Yiping wanted to cover his face with his hands. It was really a bit too much!
At this time, he saw the window of the last car rolled down, and Ma Ling was lying on the window, smiling as tenderly as the weeping willow in the spring breeze. Did she come here on purpose?
"Hi," Feng Yiping waved at her secretly.
Ma Ling's hand passed over her lips, then brushed behind her ears and brushed her hair, but Feng Yiping could see clearly that it was actually a real flying kiss.
Everyone is so passionate today? Is it because of the weather?
"No, I'll do it myself," Feng Yiping begged hurriedly when he saw the two men who were holding him pretending to throw him onto the car, or to throw him. If he was thrown like this, he would most likely end up with his butt backwards, like a wild goose falling from the sand.
Fortunately, the two guys didn't go crazy, and they put him down with a smile, "Quick, quick, quick, we haven't been in this car since the high school prom,"
"Wait," Feng Yiping waved to the YouTubers before getting into the stretched Lincoln, "Tell your boss to send me this clip later, remember, you must not use it when you broadcast live,"
This time when Google went public, the focus should be Page and Brin. I believe that at least the American people hope so. If the clip just now is put up, it will highlight themselves too much,"
"Okay Feng," the others also smiled as brightly as flowers.
They also felt very proud of their boss being held by two American idols who were about to rise.
"Why worry about these things? "Brin has already poured three glasses of champagne, "Come on, cheers, welcome Feng back triumphantly,"
"Feng, thank you for your outstanding contribution to this IPO,"
"No, no, it should be congratulations on our beautiful tomorrow," Feng Yiping said.
"Yes, tomorrow," the three glasses clinked loudly together, and the wine splashed everywhere.
"Don't we have a lot of things to do? Why did you all run out? "Feng Yiping asked the two with a smile.
"Schmidt and the others can handle those people and things," Page said indifferently, "Facing the current results, those are not problems."
What he called the current results were the subscriptions that were previously criticized by the underwriters. The underwriters were worried that they would become shareholders. The final result was that the subscriptions were more than 5 times higher worldwide!
We know that the stock market is actually one of the most irrational and difficult to figure out markets. This time is the best example.
Before, because of the open and covert opposition and constraints of Wall Street, and the instigation of experts who have a thousand connections with them, such as "Google's stock price will collapse due to the auction form", and the troubles that Google had previously exposed, it did directly affect the enthusiasm of American investors.
Originally, Page and Brin insisted on using auction pricing, just to allow more retail investors, like those institutions, to have the opportunity to subscribe to Google's shares fairly, and then benefit from the rise in Google's stock price.
The wish is good, but The reality is very helpless. Most of the retail investors they pay attention to are not very grateful.
But all this has undergone a fundamental change after the roadshow in Asia.
After the Hong Kong roadshow, the final result is that the whole of Asia subscribed for more than 50 million shares!
Of course, a large part of this was influenced by Feng Yiping. Even he didn't know that his "welfare action" would have such a big impact.
If he knew that someone like Mr. Wang alone invested more than 50 million US dollars to subscribe, he would not be so surprised.
In addition, RB and Singaporean investors who Feng Yiping didn't want to play with them also contributed a lot.
Such news made many Americans who paid attention to this IPO surprised and incredible. At the same time, they finally abandoned the old sayings of those experts and analyzed the reasons themselves.
Are those people in Asia too stupid? No, only those who really think so are fools.
There are many ways to analyze whether the price of a stock is reasonable and whether the outlook is bullish. One of the most commonly used is the price-to-earnings ratio.
Spurred by the extraordinary subscription in Asia, many American investors who finally used calculators to analyze Google's P/E ratio finally realized that even if the stock price was close to $150, Google's P/E ratio was not too high compared with other companies?
In response to the popularity of Google's subscription in Asia, many experts in the UK, which is about to hold Google's second global roadshow, have also made in-depth interpretations of this situation.
Mark, a well-known securities analyst at Prudential Group in the UK, made an inference.
He combined Google's recent performance, the revenue in the first and second quarters increased by more than double compared with the same period last year, and the advertising revenue increased by more than 90%. The advertising revenue in the second quarter exceeded US$500 million. He therefore predicted that the earnings per share in fiscal year 2004 will be close to US$3.
According to this figure, the price of US$200 means a P/E ratio of about 67 times.
For an Internet market giant like Google, such data is really nothing. You should know that Yahoo, which has performed poorly in the past two years, currently has a P/E ratio of more than 100 times.
Of course, when Yahoo was at its highest, the P/E ratio was as high as more than 800 times.
In short, the implication of his words is that even if Google's stock price is $300, it is not too high.
Thank you very much to this old man. His views were quickly recognized by many people, so the road show in London that put Schmidt under great pressure finally achieved unexpected success, with nearly 30 million shares subscribed!
In the investment market, there is no such thing as flowers blooming inside the wall and fragrant outside the wall. The enthusiasm of Asian and European investors for Google has greatly infected the American people. Does this seem to be a stock with good expectations?
So, the main force that Page and others expected, that is, American retail investors, called their financial companies one after another... In the end, the subscription in the whole United States was more than that in Asia and Europe combined, exceeding 80 million shares.
"The road show of the two of you can be called textbook-like," Feng Yiping praised them a little.
His repeated nagging over the past few months finally worked. In the road show in the United States, Page and Brin finally stopped being as cynical as before and took those investors very seriously.
It should be said that their reaction made those who had low expectations for this roadshow feel very good. They directly felt the respect of these two founders who had always been rebellious.
"To use your usual words, that's what we should do," Page said.
This ups and downs of the IPO made him feel much more mature.
"Feng, you really should see the faces of those underwriters now," Brin said, "They are obviously regretful and want to cry, but they have to put on a smile,"
"Oh, really?"
"Yeah, think about it, the green shoe option, because you agreed that they don't have to underwrite, in the end, they had to give up most of the green shoe options, leaving only a symbolic 3%," Page couldn't help rolling up his sleeves, "That is, they gave up at least 10% of their income, haha, I'm happy just thinking about it,"
This guy, as long as it makes those Wall Street guys lose face, they are all happy.
"Do you think, will those guys beat me when we meet later?" Feng Yiping was also very happy.
"It's hard to say," Brin smiled, "but what is certain is that they will admire you more from now on, and your company's listing will be very smooth in the future."
"I hope so," the three people chatted and laughed, and under the protection of their bodyguards and Waldorf Hotel security personnel, they quickly passed through the reporters gathered in front of the hotel.
For these three people who are about to jump onto the world's richest list, oh no, one of them has already been on the world's richest list. For these three young people who are about to become the top of the world's richest list, the whole United States is very interested.
For this IPO with twists and turns, they are also looking forward to the results.
However, some other people's mood at this time is quite complicated, or simply put, quite disappointed.
…………
As soon as Feng Yiping and the others opened the door of the conference room, Schmidt, who was full of joy, jumped up from the table immediately, "Feng," like the previous two, he also hugged Feng Yiping heavily, in front of so many gloomy underwriters, he said loudly, "You did a great job!"
"Hello, Mr. Feng," Andrew smiled and walked up to shake hands with Feng Yiping.
Brin was right. Feng Yiping saw the deep bitterness in his smile, so Feng Yiping smiled even more happily, "Andrew, thank you for your efforts. Hi David, what happened to you?"
On the day when the Hong Kong roadshow ended, David returned to the United States. After just a few days, David seemed to have changed.
"Hello Feng," David shook hands with less force than before, "I haven't felt well these two days,"
"Oh? You must take care of yourself," Feng Yiping didn't think much about it.
Andrew smiled bitterly on the side, our efforts? Our efforts were all demolished by you! In the end, we couldn't even collude with investors to lower the price.
"Mr. Feng," many underwriters greeted the three of them, and Feng Yiping really paid attention to them. In the eyes of these guys, they were not happy, but they didn't hate them. Instead, they really admired them - this is possible!
"Hurry up and sit down," Schmidt greeted everyone, "Now there is only one last question left, tomorrow's issue price,"
This matter is also something that makes the underwriters feel uncomfortable. They strongly recommended the issue price to be up to $95 before, but now, haha, their faces are flushed by the optimistic facts.
That is, their plan to let their customers buy Google stocks at a low price has declared bankruptcy.
"What do you think?" Page asked Feng Yiping and Brin.
Feng Yiping raised his hand to him, indicating that he should make the decision.
Page did not say anything polite, and quickly scanned the data on the computer one by one. "In view of the aggregated auction data, I think $149 is a very suitable price," he could not help but tremble in his voice.
Brin looked at Feng Yiping, and the two of them immediately applauded. The underwriters also squeezed out a few smiles and applauded together.
"Let's set a record," Feng Yiping stretched out a hand.
"Set a record," Page's hand pressed up.
"Set a record," Brin's hand also pressed up.
"Set a record," Schmidt also added a hand.
The YouTube employees who were responsible for filming this scene were particularly excited, knowing that they were recording the birth of a record.