America is in control

Chapter 188 This is a moment unique to Yahoo!

Moritz and Jon immediately started a fierce exchange of words, and there was a lot of yelling and cursing in the conference room.

Liu Jiang looked at the scene in front of him, frowned, and his temples jumped twice.

A headache hit him, and he became more and more irritable. He didn't rest very well these days.

Since returning to New York, Liu's work intensity has increased exponentially.

Cocktail parties, press conferences, prospectuses and many other meetings almost fill up his daily schedule.

These meetings took turns taking place like a nightmare. The initial novelty quickly faded away, leaving only numbness.

Moritz told him that this is the rhythm of Wall Street, money never sleeps! Just get through this period of time.

This is not only a responsibility that Yahoo shareholders must shoulder, but also the only way to achieve financial freedom. Liu Jiang can only grit his teeth and continue to persist.

Yahoo's shareholders held a closed-door meeting last night to discuss the final issue price.

There are obvious differences in the attitudes of the two bosses Moritz and Masayoshi Son regarding the final issuance price.

Moritz prefers a conservative pricing strategy, while Son is more aggressive.

The final issuance price proposed by the two big guys is quite different.

Although Liu wanted to set the issue price higher, Jerry Yang and David both chose to continue to support Moritz.

There is no place for being a faggot, and it would be in his better interest to maintain a solid alliance.

Anyway, General Liu doesn't plan to sell Yahoo's shares so soon. Maximizing profits is his goal.

The two founders of Yahoo thought Moritz's pricing strategy was fine, and he naturally went with the flow.

In the end, Moritz gained the upper hand and decided on a strategy of guaranteeing the final issue price of $14 and competing for $16.

Although Sun Zhengyi was somewhat unwilling, he could only accept this result.

Judging from the current situation, Jon Woodruff's fierce opposition means that Moritz's price is still too high.

Liu Jiang was a little unsure. He turned his head and looked at Chris, who he had urgently summoned from Silicon Valley.

Chris is the only one of his staff who has relevant experience.

"What do you think of the current pricing?"

While closing the information in his hand, Chris leaned into the other person's ear and spoke in an imperceptible voice.

"Judging from the road show performance and subscription amount, I feel that Moritz is a little too conservative! Jon Woodruff is obviously trying his best to lower the price."

"I think even doubling the final issuance price has a great chance of success."

"We are the world's first portal and an application entrance for users to surf the Internet."

"The Internet industry is currently being widely discussed around the world, and government policies and funding are also very supportive."

General Liu's frown deepened. Chris's views were quite similar to those of Son.

"Double!? This is too exaggerated! I feel it is better to be more conservative."

"Masayoshi Son is not as radical as you! We have to consider the possibility of a break in the market!"

“The stock market changes so fast, investors’ enthusiasm comes and goes quickly!”

"I plan to hold Yahoo's stocks for a long time. Please help me analyze this situation."

Chris was stunned for a moment. He thought Liu would cash out part of Yahoo's shares after the lock-up period (SEC regulations stipulate that major shareholders of listed companies can only cash out part of their shares every quarter).

"Boss, this is just my superficial opinion. I just made an analysis based on data, without any emotion."

"If you plan to hold Yahoo stock for a long time, then there is definitely nothing wrong with the pricing given by Moritz."

"But in this case, the funds raised by Yahoo's listing may be"

Chris changed his attitude in time, but he also left something to be said.

“The two founders of Yahoo don’t mind the small amount of money they raised, so we’d better not worry about that!”

Based on various judgments, General Liu made up his mind. The price may be a bit low, but it will not affect Yahoo's future development.

In the conference room at this time, Son Zhengyi had already joined the battle group. He argued hard and kept citing data.

He firmly believes that even at the issue price of $16, those investors will rush to buy Yahoo shares.

Moritz took advantage of his breather to wink at General Liu, signaling him to join the ranks of persuaders.

General Liu understood immediately. He repeated what Chris had just said and kept firing at Jon Woodruff.

Then Jerry Yang and David joined in, and everyone began to frantically besiege Goldman Sachs representatives.

But Jon Woodruff was not moved at all, and directly chose to fight with everyone, starting a verbal battle with everyone.

He had a bad temper and refused to agree to the issue price of $16.

After a day's meeting, Yahoo's shareholders and Goldman Sachs failed to reach an agreement, and the two parties broke up unhappy.

In the evening, after completing his duties at a reception hosted by Yahoo for Wall Street investors, Liu Jiang returned to the hotel room feeling somewhat exhausted.

The next day it was the same meetings and quarrels, and then the reception, prospectus and other social activities were held as normal.

Liu Jiang was so busy that he felt exhausted both physically and mentally. He didn't know when the end would come.

There are only a few days left before the launch. Everyone is quarreling and tired, and time does not allow for further delay.

After lengthy negotiations, Jon Woodruff finally relented, and Yahoo's shareholders took a step back.

The two parties reached a compromise and determined the final issuance price at $15.

Although this issue price is not the best situation, it is not the worst either!
The listing day was approaching, and Liu Jiang, wearing a suit and ties, headed to the venue of the last cocktail party in high spirits.

The guests attending the meeting were basically institutional representatives and investors who had subscribed to Yahoo shares.

Everyone looks so relaxed!
General Liu also acted very comfortable, holding a glass of water and strolling around.

Arriving at the center of the banquet hall, he saw Moritz and Son chatting with an old man.

The old man looked kind-hearted at first glance, had gray hair, and wore a pair of gold-rimmed glasses.

Wearing a crisp black suit and a blue tie, his aura was no weaker than that of the two big guys.

The three of them were chatting and laughing happily, and the guests around them unconsciously left a large space for them.

Moritz's sharp eyes immediately caught sight of General Liu, who had a tall and erect posture and a majestic posture.

With a smile on his face, he waved gently to the other party.

After Liu Jiang saw the other party's movements, he slowly leaned towards the three of them.

"Mr. Madoff, let me introduce you. This young man is a shareholder of Yahoo and a boxing champion. His name is John Liu."

"John, this is Bernard Madoff, chairman of the board of directors of Nasdaq."

After Moritz introduced the two of them, Madoff put a kind smile on his face and extended his right hand towards General Liu.

"John, you are a very good man, a very lucky young man."

General Liu shook hands with the other party respectfully and looked at Madoff with pretense of admiration.

This guy should be the mastermind of the largest 'Ponzi scheme' in history!
It is said that the amount involved is as high as US$650 billion, making it the largest investment fraud case in human history.

This is a magic weapon! How could he introduce his enemy to Bernard Madoff without anyone noticing?
An idea suddenly popped into Liu Jiang's mind!

"Nice to meet you, Mr. Madoff!" After the two exchanged a few polite words, Madoff turned around and continued chatting with Moritz and Masayoshi Son about Yahoo's listing.

"Netscape's IPO last year was a huge success and created many millionaires, tens of millions and even billionaires!"

"I hope Yahoo can also set off a capital feast and give the market the best shot in the arm."

"As long as more and more Internet companies list on Nasdaq, sooner or later we will become a stock exchange that can compete with the New York Stock Exchange!"

As we chatted, time quickly came to the eve of Yahoo’s listing.

Liu will follow Moritz and Son, alongside Jerry Yang and David.

They were followed by representatives from Reuters and some Yahoo executives.

The group arrived at Times Square, outside the Nasdaq exchange, where many reporters were already gathering.

Liu Jiang, Moritz, Sun Zhengyi and others like stars over the moon, surrounding Yang Zhiyuan and David in the absolute C position.

The reporters raised their cameras, and white light suddenly flashed.

Everyone was in slightly awkward poses, but they couldn't hold back the smiles on their faces.

Liu Jiang naturally didn't pay attention to this small scene. After he made a few random poses, he focused on the surrounding environment.

Why is the situation in Times Square different from the rumors?

At this time, someone suddenly heard muttering behind him.

"I can't believe when did the order in Times Square become so good! When I came to New York, the order in Times Square was almost on the verge of collapse. There were thieves, vagrants, gangsters and scoundrels everywhere."

"You're talking about when Dinkins was the mayor. That Nico couldn't manage this metropolis at all!"

"So who is the leader now? I feel like he has done a good job. At least order in Times Square has been basically restored!"

"It seems his name is Giuliani, an Italian. I heard he came to power by fighting crime!"

"Italian? Mafia? Fighting crime? What an international joke!"

Liu Jiang glanced behind him from the corner of his eye. The two chatting guys seemed to be from Reuters.

Giuliani? Maybe you can find an opportunity to get in touch with the other party.

The show ended quickly, and everyone turned around and walked into the Nasdaq Exchange.

Arriving at a small war room specially prepared for Yahoo by the exchange, everyone's expressions became nervous again.

There are still about ten minutes until nine o'clock, and Yahoo still has to go through a call auction before the market opens.

Whether the price of $15 will cause the stock to break on the first day of listing will be reflected in the call auction.

To be honest, no one is sure right now!
Moritz and Son were sitting in the front row. Their bodies seemed relaxed, but their eyes never moved away from the computer screen.

It was clear that the collective bidding had not started yet, but the two of them just looked at it without saying a word.

Liu Jiang, Yang Zhiyuan and David sat in the second row behind them, and there was some interaction between the three of them.

"Today is very important! You must succeed!"

David muttered words and kept repeating one sentence, as if he was chanting a spell.

His two hands squeezed together so hard that his skin turned blue.

Yang Zhiyuan was not much better, his lips pursed hard with a serious expression on his face.

He pressed his glasses firmly on the bridge of his nose with one finger and was looking at the computer screen intently.

General Liu was the most relaxed one. He patted David on the shoulder and whispered.

"Don't be nervous! David, we will succeed!"

He lightly bumped Yang Zhiyuan next to him with his shoulder, "Do you think so?"

"absolute!"

"Of course!"

Jerry Yang and David answered almost at the same time.

The Reuters representative was the most nervous, pacing around the small war room incessantly and annoyingly.

At 15:, the call auction began, and the $ shares of Yahoo stock had been sold out by Goldman Sachs through various channels.

For $15, a purchase order appeared on the computer screen.

"Wow! The buying price is soaring! It's already 18 US dollars! Why is there still no sell order! 19 US dollars, 20 US dollars."

David's eyes sparkled, and he suddenly let out an exclamation. He kept talking about the real-time unit price like a timer.

Yahoo executives gathered around. The higher the stock price, the more valuable the options in their hands were.

No one can remain calm in front of this overwhelming wealth!
"Damn it! If I had known I wouldn't go to Goldman Sachs, the issue price would still have been set too low!"

Moritz began to curse in a low voice. Son Zhengyi beside him said nothing, but a sneer curled up at the corner of his mouth.

"Still no one wants to sell the stock? FXXK! It's already $26!"

Reuters representatives pushed their way past Yahoo executives and put their heads in front of computer screens, staring at the trading software.

He yelled crazily, with an extremely excited expression on his face, and spittle flew everywhere, but he didn't seem to notice it at all.

Liu Jiang leaned back his upper body in disgust, avoiding the opponent's attack range.

"$28, $29, $30!"

The Reuters representative took over David's reporting duties for the simple reason that his roar completely suppressed the other party.

Liu Jiang's ears were buzzing, but he suddenly heard a voice talking to himself.

"If it's $30, then our company's current value is $9 million!"

"If you calculate it this way, wouldn't I have become a multi-millionaire now?"

"YES! I'm a multimillionaire!"

Looking behind him from the corner of his eye, Liu Jiang saw a Yahoo executive mumbling to himself.

The expression on his face was a mixture of excitement and disbelief!

"31 dollars, 32 dollars!"

Liu Jiang glanced at Chris sitting in the back row. The guy also had an expression of disbelief on his face.

It seems that he is not sure about what Chris told him before!

In just a few minutes, Yahoo's stock price reached an unimaginable high.

"Oh! Yeah! We made it! We made it!"

David stood up suddenly and let out a huge roar!

Yang Zhiyuan also stood up. He hugged David's neck and jumped up and down with excitement.

"This is Yahoo!'s moment! Let's cheer!"

Moritz turned around and announced to everyone.

　Yahoo's original listing price was US$13, which is slightly higher here.

　　
　
(End of this chapter)