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Chapter 301: Yahoo Is Listed

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    You can search "Looking Back 1991" in Baidu to find the latest chapter!

    June 27, 1997

    Before the opening of the Nasdaq market in the morning, the bell ringing ceremony for Yahoo's listing was held.

    A sound of "Dang"

    The powerful bells rang, flowers scattered all over the sky, accompanied by uncontrollable excited cheers, and thunderous applause sounded in the exchange, rendering everything into a warm atmosphere.

    "Ten, nine, eight, seven three, two, one, the transaction begins."

    ? Yahoo opened at US$42 per share. Three minutes before the start of trading, it was quickly pushed up to US$49.12 by a large influx of buying orders. After a slight consolidation, it continued to rise tenaciously

    In the VIP hall of the Exchange

    With a "bang", the large bottle of champagne was opened, and the sparkling champagne with the fragrance of wine drew a clearly visible arc, and then spread it around. The business elites participating in the celebration were singing and dancing excitedly, expressing their inner happiness.

    The smooth launch of Yahoo's super-large IPO in the Nasdaq market is not only a victory for Yahoo, but also a victory for Goldman Sachs, Morgan Stanley, and all fund investors.

    Under the lure of huge profits, Mr. Merck chose to return to reason, and Yahoo's final issue price was determined to be 42 US dollars. Facts have proved his wisdom.

    This is a network high-tech enterprise with a market capitalization of 12.6 billion US dollars that has landed on the NASDAQ market, and it must be cautious in its issuance and listing.

    Although Yahoo's performance is excellent, it showed sufficient profitability in the first two financial quarters from 1995 to 1997, and its single market share exceeded 90%, with bright development prospects and unlimited imagination.

    The future development may not be inferior to the world's leading software company-Microsoft.

    ?But this is only a possibility. Yahoo¡¯s development process cannot be smooth sailing. There may be ups and downs, ups and downs, and failures. There are infinite possibilities.

    Similarly, it is impossible to achieve the market value in one step.

    ? Some market participants predict;

    In the future, Yahoo will be able to grow to a scale of 150 billion or even 200 billion US dollars, which has an extremely bright prospect, but all this is just a prediction after all, and it is impossible to immediately reflect it on the Nasdaq stock price.

    Meals need to be eaten at one bite, Rome was not built in a day.

    ? At the close of the day, the market value of yahoo remained at 15.766 billion US dollars, with a market turnover rate of 21.2%, and a serious reluctance to sell.

    ? Viking Building 16th Floor

    "cheers¡­¡­"

    This is a small-scale celebration gathering, apart from Qi Yafei's family, there are two little brothers, Shi Xueyi and Chen Shi.

    Wang Yaocheng clinked glasses happily with Qi Yafei and his wife, Ms. Lu Qianqian, and finally their nine-year-old daughter Qi Xiaodi; "Come on, little guy, grab your drink and have a toast with uncle to celebrate your father becoming a billionaire."

    "Uncle, that means my father is very rich."

    Wang Yaocheng glanced at Qi Yafei, who was smiling with toothless teeth, and nodded affirmatively; "He is very rich and can buy a lot of things. Now Xiaodi can think about what gift he wants?"

    "Um?"

    Qi Xiaodi tilted her head and thought for a while; "I want a small wooden house of my own, where I can put all my Barbie dolls and toys in it, and I also want a magic wand and a mage robe.  As described in the "Harry Potter and the Sorcerer's Stone" novel."

    "Oh "Harry Potter and the Philosopher's Stone" is a magical children's book that was only published recently." Ms. Lu Qianqian introduced with a smile; "Xiao Di likes the magical stories in it very much, and puts it on the small bed at night  .¡±

    "Yeah!" Qi Xiaodi nodded his head seriously.

    Unexpectedly, this remark caused waves in Wang Yaocheng's heart;

    Holy crap, the novel is already out.

    In order to conceal his emotions, Wang Yaocheng looked at Qi Yafei with a bad expression, and said with a pun in his words: "This beautiful wish must be fulfilled! Our little princess needs a castle, should you think about it?"

    "It's fine for children to say what they say, how can they take it seriously?" Qi Yafei laughed and evaded it, and didn't take it seriously at all.

    "But our little princess will be disappointed."

    "You are eating salty radish and worrying about it. Children's attention shifts quickly, hey! I liked Transformers a few days ago! Now I like Magic Castle again. Maybe in two days, I will be attracted by the cute little boy."  Dogs attract me, I usually use Disney cartoons to deal with it, if you don¡¯t believe me, you can ask Qianqian.¡±

    Lu Qianqian enduredNodding with a smile, there is no doubt that as a traditional Chinese woman, she is on her husband's side.

    Qi Yafei has his own considerations;

    The lock-up period for Yahoo¡¯s executives has not yet ended, and now 0.6% of the shares are rich on paper, worth 90 million U.S. dollars. Although they can be mortgaged for bank loans, Qi Yafei has no plans to do so.

    Living well in the Mediterranean manor, what kind of house should I buy to match the current environment?

    What's more, as a manager with a very investment vision, Qi Yafei has a long-term plan for his career.

    ? Even mortgages have to be used for investment, this is the right way, not just getting rich and starting to spend time and money, that's what old blacks in Brooklyn love to do.

    Hearing what his father said, Qi Xiaodi puffed up his mouth unhappily, and turned around to ignore them.

    Wang Yaocheng said in a big way; "Xiaodi, your father is stingy, we don't care about him, Xiaodi, where do you like to put the beautiful wooden house? Is it in your own room or in the house?"  On the big tree behind the yard? Uncle gave it to you."

    "Oh well, I want to put it on the big tree branch at the back of the yard, and there is a magic staircase that only I can use."

    "Okay, it's a deal."

    Qi Xiaodi's family is simply his lucky stars!

    Just finished the listing of Yahoo Search, and Qi Yafei is going to be busy with the listing of the gallery company and the Youtube website. Although the roadshow does not require Ziya to run, but the whole process of follow-up is inevitable.

    This is really busy and non-stop. At the end of the year, there will be Athlon's C-round financing, and next year's IPO will be listed, and the work schedule is full.

    Qi Xiaodi, a clever little girl, suddenly awakened Wang Yaocheng's sleeping memory, and it is also a treasure house waiting to be discovered;

    ? "Harry Potter" series of novels and film adaptation rights.

    God is sorry to see you, Wang Yaocheng has forgotten this matter somewhere.

    It's like a ripe apple, you can pick it off with a light touch, it's crunchy, sweet, delicious and juicy.

    What Wang Yaocheng needs to do is to reach out and take down this world-renowned big ip, and everything else will come naturally.

    Hollywood film companies and channels are all ready-made, scripts and characters are all ready-made, just find a director of sufficient standard to control the general direction and ensure that the film can conform to the style of the original work.

    ok, everything is done.

    Temeidi Even the loyal audience is ready-made, and a lot of money is rolling in.

    OK, that's great.

    After chatting for a while

    Wang Yaocheng put down his wine glass and asked Shi Xueyi; "This time, what did you learn from following the Yahoo search and road show?"

    Shi Xueyi replied with a bitter face; "I'm tired, every day is like a whip whipping behind me, rushing to promotion meetings one after another, I still feel it at first, and then I feel numb."

    "You and Chen Shi have been following each other for half a month, but I have been running every day for three whole months. Looking back now, it is like a nightmare. I really don't know how to sustain it." Qi Yafei was deeply moved.

    "Okay, Yahoo Search is officially listed. I'll give you a week off to rest and rest. Shi Xueyi will follow the road show of the gallery company, and Chen Shi will follow the whole process of the Youtube website. It's enough for you to be in charge of the guidance. The two of them are angels.  The representative of the largest shareholder of the round followed the whole IPO process, and can accumulate a lot of experience.¡±

    "Okay, Brother Cheng."

    ?After hearing Wang Yaocheng's arrangement, Shi Xueyi and Chen Shi knew that the opportunity was very precious, and it was a tempering exercise for themselves, so they could only toast silently and take a sip, feeling sorry for themselves for half a minute.  (Remember the site URL: www.hlnovel.com
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