Chapter 993 DailyVedio Goes Public

On March 31, DailyVedio, the largest streaming media platform in the UK and even Europe, officially landed on Nasdaq for its IPO.

This time DailyVedio will publicly offer 100 million American Depositary Shares (ADS) on Nasdaq, accounting for about 9.1% of DailyVedio’s total share capital. A week later, DailyVedio will continue to be listed on the London Stock Exchange, also issuing 1 billion new shares.

DailyVedio currently has more than 500 million users worldwide, more than 75% of which are in the European, Australian and Indian markets, and has many content partners including SEM Group, Sky Group, Sinclair Group, etc. Its service content is roughly It’s equivalent to a combination of Netflix + YouTube.

Before going public, DailyVedio's issue price per share was US$17. Based on this calculation, its current market value is US$18.7 billion (equivalent to 11.3 billion pounds).

But on the first day of listing, its closing price was as high as $27.52, an increase of 61.88% compared to the issue price. It can be said that it performed extremely well.

Based on the current closing price, DailyVedio’s market value reaches nearly $30.3 billion.

Based on DailyVedio’s performance on its first day of listing, its Nasdaq-listed underwriters Standard Chartered Merrill Lynch, Goldman Sachs Group and Morgan Stanley announced that they would exercise the “green shoe” option (over-allotment option). This means they will buy more shares from DailyVedio to make up for the shares they sold in order to meet strong investor demand.

"DailyVedio is currently developing strongly in the European market and emerging markets including Australia and India. The funds we obtained from this listing financing will be used to improve services and invest in more self-made content. Currently, we have partnerships with SEM Group and Many content producers, including Marvel-MGM Group, have possible cooperation plans, which I believe can bring users better quality content and more complete services..."

This is what Zeni Field, CEO of DailyVedio, said in an interview with the media.

When asked by reporters whether DailyVedio has any plans to enter the American streaming market, Zeni said:

"In fact, we already have users in North America, but you know, the competition here is more intense, including Netflix, YouTube and other streaming media platforms are strong competitors, but we do have plans to expand into the North American market, which is why we The reason for choosing Nasdaq as the first place for listing, believe me Our high-quality content is also of interest to North American users. Before this, the proportion of North American users was not high. It is just that our popularity has not been conveyed here... The Internet market is globally open. In such an era, you inevitably need Serving more people is our vision and our mission.”

Of course, Zeni Field is not just talking. One of their major shareholders, O2 USA, the North American branch of O2 Telecom, has reached an agreement with Motorola Mobility to promote their new generation set-top box services in North America, including DailyVedio. Daily TV will also be built into its set-top boxes.

DailyVedio will also conduct large-scale promotion activities in North America after this.

…

While DailyVedio's listing has received great recognition from the market, in England, Barron's financial team will also make another "adjustment" to his industry.

In particular, Devonshire Family Fund and Cavendish Trust Fund, as well as some other major funds, will use more offshore companies to directly hold shares in some industries in order to combine these major funds with The trust hides behind it.

There is nothing that can be done about it. After all, as Barron's wealth increases, these tasks are necessary.

For example, among the companies currently listed in the UK, most of the top ten companies by market value have majority shares held by funds controlled by Barron. If the ranking is expanded to the top 50, then more than one-third In a company, he controls at least 15% of the shares...

Some people have noticed this before, but the relevant news reports have been "public relations" by him before they were published.

This fact is probably unacceptable to ordinary people. In order for everyone to have "peace of mind", Barron has to "isolate" the capital he directly controls from some companies for the third and most profound time. Come on.

Of course, in addition to England, his layout in the United States and European countries such as France, Germany, and Italy will also undergo such "processing". After all, although it is not as exaggerated as England, those parts are still the "giant" capital of those countries. .

Speaking of which, the most terrifying thing is Kolo...

Of course, the West African Group almost controls most of the key people's livelihood and lifeline enterprises in Kolo, but the situation in Kolo is slightly different. You can compare it to Li Jiapo.

Kolo is a small country in West Africa. Its current total population is less than 8 million, which is only slightly larger than Lijiapo (as of 2013, Lijiapo’s population was almost 5.4 million).

Just like Li Jiapo's Temasek Group controls most of the industry, you can also think of Kolo as a big company.

Yes, Kolo is a country on the surface, but in essence, it is similar to a company controlled by the West African Group.

The quadrennial election is the selection process for the CEO of this company. The elected president (CEO) will run the company for four years. If he performs his duties properly, he will be able to obtain corresponding equity incentives after the CEO "retires" (just like Jammeh Bongo obtained part of the shares of the West African Group after his presidency).

The key to the sustainability of this model lies in the fact that Barron, as the actual controller of the company, can provide good welfare benefits to the company's employees (Kolo citizens) and control and encourage managers (presidents) to operate with care through interests (equity incentives).

Since it is a company, it is natural for their security to be handed over to the security company they hire (Kolo Corps).

…

In April, with the arrival of spring, the temperature in London became warmer, and Barron's family moved back from Chatsworth Manor to their mansion in Kensington.

Reading the error-free version! 6=9+Book_Bar first published this novel.

Of course, not everyone can adapt to life at Chatsworth Manor. Maybe at the beginning, there is still some novelty, but after all, it is different from the pleasant climate of Lanai. Some people like Tamaran Skirstone often go back to London to go shopping with their sisters.

Now after returning to London, they are starting to arrange gatherings.

Barron left them alone for all these, and he himself was preparing to go to America soon.

This would also be Barron's first trip to America after the previous assassination, and he would naturally be very cautious about his safety.

Now the security team around Barron has been replaced by "guards" trained by orphans adopted by the Devonshire Charity Foundation, and they are more trustworthy.

Although he believes that after that incident, some people will no longer have any fluke mentality to use means outside the rules, but necessary precautions are still needed.