The listing of Yanwen Group is temporarily stuck in the approval process.
Judging from the current news, there should be no problem, just be patient and wait.
The four market makers Su Yehao found this time were Goldman Sachs, Lehman, Morgan Stanley and Blackstone Group. Among them, the team of Goldman Sachs Group led the IPO and had extremely rich experience.
What the Kaomoji Group should do here has almost been done.
At this stage, the pressure is on the Goldman Sachs Group. Once the listing fails, Goldman Sachs will have no money to make and will have to pay a certain amount of liquidated damages, which will definitely put a lot of effort into it.
In fact, with the scale of the newly formed Kaomoji Group, as long as it doesn't commit suicide, it will almost certainly be listed on Nasdaq.
ICQ, a "long-established leader" in the instant messaging industry, plus TVT, a new upstart in the past year, this combination is enough to catch people's attention. The more than 20 million active users alone have already attracted the attention of investors. There is no road show yet.
Attract a large number of potential investors.
According to Roger Kruyinf, people including Japan’s SoftBank, the United Arab Emirates Sovereign Fund, the Norwegian Sovereign Fund, the U.S. Fidelity Fund, etc. have all sent people to contact them for on-site inspections and surveys to understand the next steps of the Kaomoji Group.
development plan.
Except SoftBank.
The other three companies mentioned by Roger are all serious capital whales. They are much more powerful than the predators. They involve tens of millions of dollars in funds. They send people to do door-to-door research before investing. This is a routine operation.
.
Long-term strategic planning is extremely important for an Internet company. Only by finding the right path can we ensure room for future growth.
Staying in the small bar drinking beer.
At this time, Su Yehao asked: "They sent people to investigate, what was the result?"
John Zhou's face is full of smiles, which have become a bit mellower after half a year. He looks much younger after becoming rich, and he is in high spirits during happy events.
He told Su Yehao: "It goes without saying that of course you are quite satisfied with our plan! Boss, you are worried that we will take a detour, so you arrange for McKinsey Consulting Company to conduct a survey every quarter. You have spent a lot of money, and it is definitely not in vain."
CEO Roger also nodded and said:
"Yes, based on actual performance, the strategic plan suitable for us has become clear. We are an instant messaging software. Our advertising business cannot compare with search engines, and our gaming business cannot compare with professional gaming companies. Previously, my boss, you suggested developing into the online shopping industry. Evaluation
Wan also found that the funding gap was too big and there was no way to compete with eBay, Amazon and other professional niche companies.”
"It seems that everything can make money, but the fact is that they are not proficient in anything. Those companies often divide specific customer groups and then make money from them, thus reducing potential customers. The advantage of our company is that it has a relatively wide coverage and has two
Tens of millions of active users.”
"Once you enter a specific industry, you will compete directly with them. Cooperate with these companies, attract customers for them, build a platform, make money from these companies through value-added services, and take the opportunity to invest in some companies with potential and only participate in stocks.
, does not involve specific management.”
Knowing that Su Yehao's English was only so-so, Roger deliberately slowed down his speaking speed and tried to speak clearly and accurately.
John Zhou spoke at the right time and added:
"Yes, Amazon has cooperated with us and has put out more than four million US dollars in advertising this year. It is too hard to enter the niche field in person. We serve these Internet companies and are simply sitting at home waiting to make a fortune. Those oil sellers know
Our ambition always says, Yes, Good."
"..."
As the boss, Su Yehao was a little confused after hearing this.
After thinking about it for a while, I keenly realized that while I was away from Silicon Valley, I might have missed some important document—the strategic planning plan given by McKinsey Consulting Company!
According to his habits.
Of course, he felt that direct investment was better than building a platform. After all, he knew very well which companies would have the opportunity to grow and develop in the future.
but.
After Su Yehao listened to the two singing and singing, he suddenly felt that rather than letting the Kaomoji Group make enemies on all sides, it seemed that it would be better to focus on building a platform.
To put it figuratively.
If the Yanmoji Group engages in online shopping, will Amazon still send money for advertising? Isn’t that tantamount to siding with the enemy?
Same goes for Yahoo.
ICQ and TVT do not run search engines themselves, so they are willing to place advertisements and use Google's rising platform to curb Google's development.
However, once the Kaomoji Group is tied up with Google, I am afraid that Yahoo will decisively give up cooperation to avoid sending bullets to potential competitors.
It doesn't matter if Su Yehao is a shareholder of Yahoo. After all, he is only a small shareholder in Yahoo and does not have much say.
Su Yehao realized that he had almost entered a misunderstanding.
At first, I always thought of using the traffic of instant messaging software to attract traffic to my own products. This was indeed profitable, but it was tantamount to giving up a big piece of cake and personally curbing the development of the kaomoji group.
Internet companies here in Silicon Valley have already completed segmentation, which is different from the situation in the mainland.
If everyone follows the penguin development model, it will almost be like digging their own grave. It will easily arouse public outrage and lead to siege.
It took me some time to sort out my thoughts.
Su Yehao took a sip of wine and said:
"...That's right, continue to follow your pace. You can't lose the online game aspect. In addition, you can also make new products, such as video websites."
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It may seem like a trivial strategic positioning, but it may involve tens of billions, or even hundreds of billions, of benefits in the future.
Su Yehao maintained a cautious attitude.
More and more people feel that building a platform, using their own traffic to help third-party Internet companies, and making money by providing various value-added services is a very clever new direction.
Thinking about going home, I pulled out the McKinsey document and took a closer look.
ICQ and TVT are developing in the fields of instant chat and social platforms. Their previous disadvantage has always been that they cannot find a profitable direction. They seem to be able to do everything, but they are not proficient in anything.
However, this also seems to be a natural advantage.
I have seen giants such as Penguin and Aba playing cross-border and monopoly, and naturally I thought they could copy it. Now let’s look at the giants on Nasdaq, which one is easy to mess with?
If you want to cross-border, you can only aim at emerging fields that have not been paid attention to. If you rashly miss other people's cakes, the ending will probably not be too good.
Gradually figure out the key.
Su Yehao realizes that it is difficult to create an Internet ecological chain in the world market, but this does not prevent him from investing in other companies.
Take independent Google, for example, it has no problem spending money on advertising with the emoji group.
But Google can advertise, but it can't exclude other peers. It's like trying to level a bowl of water to avoid arousing the fear of others.
However, if someone develops into the instant messaging industry, no matter how hard the Kaomoji Group suppresses it, it seems that it is not an exaggeration. It is just legitimate business competition, and no one can find fault with it.
The lights in the small bar are dim.
John Zhou, who was watching the girl dance, did not notice anything unusual about Su Yehao and continued:
"Video websites have been studied for a long time, but unfortunately the network speed is too slow, the processor is too rubbish, and Intel's new model has not been released. Now that high-speed broadband is being promoted, video websites should have the opportunity to become a new opportunity."
Roger also said:
"There are existing companies in the video website, so just spend money to acquire it. If it develops, it will be really suitable for our company. It can provide users with richer services, shoot their own videos, and also use them for social networking."
Taking a deep breath, Su Yehao said:
"I seemed a little too greedy before, but you have done a good job. After the listing, I will communicate with the board of directors and provide an option incentive package. Recently, I will focus on developing the main business and put off acquisitions and unnecessary investments.
.According to your ideas, reach more cooperation with other Internet companies and focus on advertising and game business..."
After talking for a while, the topic diverted to other things, including gossip about other Internet companies.
Today's Silicon Valley has a lot of money, and many weird things happen. For example, some companies do not expand after raising funds, but instead buy land to build apartments for their employees. There are also people who cash out like crazy and spend millions to feed female celebrities.
Yacht dealers and private jet dealers have opened stores near Stanford University.
In addition, it is said that a group of the most beautiful night hotel practitioners in Los Angeles and San Francisco have also come to Silicon Valley to do business, because they know that people here are very rich and are willing to tip.
Entrepreneurs keep talking about market share, but turn a blind eye to revenue data.
Some successful entrepreneurs have come up with a concept and quickly used PPT to generate tens of millions of dollars, and investors are crazy about it.
Due to the emergence of so many rich people in the process of creating wealth, housing prices in Silicon Valley have continued to rise.
The price of the Atherton mansion bought by Su Yehao has now doubled, and it can be sold for at least 10 million US dollars. It covers an area of more than 8,000 square meters. It is a rare luxury house, and it will definitely not worry about selling it on the market.
If he hadn't gotten used to living there, Su Yehao would have wanted to buy low and sell high to make a profit, and then buy it back at a low price after two years.
Overall, the exaggerated atmosphere has been highlighted. A hands-off shopkeeper like Su Yehao who only thinks about development and growth is relatively pure.
The term "upstart" is not inconsistent with many Silicon Valley entrepreneurs.
Anyway, no matter what, the stock price keeps rising, and hot money keeps pouring into Nasdaq. Learning to draw a good pie is even more important than how to make the company profitable.
In this situation.
Su Yehao also wanted to join in the fun. He planned to wait until after the listing and try to push the stock price higher to see if there was any chance of finding a victim and cashing out a sum of funds.
Since the market is so crazy, he feels that the current pricing seems a bit low. The final pricing is usually determined on the last day of the IPO, and there is still an opportunity to make slight changes.
Compared with last year, the atmosphere in Silicon Valley has changed a lot.
Even if you are sitting in the bar, you can often hear the roar of supercars outside through the floor-to-ceiling windows, and the silence of the past is gone.
As a person with vested interests, Su Yehao has no time to think of spurning others.
He just hopes that the market will continue to be crazy. It is best to finish this year's investment and be happy for seven or eight years without having to worry about lack of money for investment...
－－－－－－Digression－－－－－
I went back to my hometown today and was stuck in traffic for four hours while checking for nucleic acid on the way. I'm sorry, I'll wait for the next chapter and I'll release it after the revision.