Rebirth of the Industrial Internet

Facing Sun Buqi's ridicule, Xing Ming's face turned red, and he suppressed his smile.

"Classmate Sun, your news is out of date. It was all from a few years ago; startup companies have gone through many twists and turns, especially in the Internet industry, and have narrowly escaped death. If you want to talk about this topic, we don't need to continue. I

There are other things."

He bowed slightly and assumed the posture of serving tea to see guests off.

Sun Buqi remained motionless, "Mr. Xing, you misunderstood me. I want to talk to you about Baidu stocks. Are you interested in getting involved?"

Xing Ming's face was stunned, "Six months ago, Baidu conducted its third round of financing, which was also the last round of financing before going public. Google invested US$10 million and only received 6% of Baidu's pre-IPO shares, about 840,000 shares.

Around 100 RMB per share. If I still want to get involved at this time, I can only say that you are late!"

Professionals are different. All kinds of economic data are printed in their minds, and they have more information than Sun Buqi, a time traveler.

A week ago, when he was in Beijing, Sun Buqi gave Han Qing an idea to make a fortune: he could buy any Baidu stock worth less than 50 yuan.

Now that I think about it, that is simply an impossible task and would make professionals laugh!

There is no reference price for the stock price of any company before listing; for companies with VC investment, the investment price is equal to the current market valuation.

If employees have a negative attitude towards the company's future and want to sell their stocks, they will make adjustments and make judgments based on market valuation and the company's prospects.

Regardless of the premium of Baidu's stock, internal executives will not sell it at a low price, nor will they sell the golden doll in their hands at a price below 100 yuan.

Xing Ming saw the change in the expression on Sun Buqi's face and continued to hit him.

"For Chinese companies listed abroad, in the subsequent rounds of financing, no matter how rich and powerful the domestic unit is, others will not let you take shares. In the last round of financing, we will only contact the interest departments related to the listing, and only select companies that can

Partners who help them go public can be regarded as another kind of benefit transfer. Our strength is limited and our influence is even more limited. We can only play in the large A-share market; but now is the bull market. If you have spare money, you can open an account.

Earn some money to buy groceries.”

When PetroChina, CNOOC, and several major state-owned banks were listed overseas, the issuance fee cost hundreds of millions. The strategic partners they introduced were also well-known companies such as Citigroup and Morgan Stanley, allowing outsiders to make a lot of money in vain, and they also gave away money every year

Countless dividends have always been considered "wasteful" behavior.

After sharp comments from professionals, Sun Buqi suddenly realized that it was not an act of "preferring to friends rather than slaves", but a normal act of "paying tribute; in other people's sphere of influence, if you don't give some real money, there will be no

The boss is here to support you.

Only then did he realize that he had exchanged 1 million yuan for 10,000 shares of Baidu stock, which was a favor transaction from Robin Li. He also admired Li Xingping even more for actually grabbing 40,000 shares!

Sun Buqi refused to back down easily and continued to encourage, "Mr.

It is true that the ignorant are fearless. Xing Mingru listened to the fantasy and couldn’t laugh or cry.

"If you want to participate in the road show of the US stock market and get some shares from the underwriters in the IPO, you must have at least 1 million US dollars in your account! If there are other things, we still have the possibility of cooperation. As for going to the US stock market, I am afraid that I am not lazy.

Bar."

He really didn't believe that Sun Buqi could come up with 1 million US dollars, which is almost 800,000 yuan; with so much money, he only got the opportunity to participate in the US stock market, but he could be a banker in the A-share market and manipulate the stock price at will.

Sun Buqi babbled and motioned for his secretary to come forward; Chen Jiachang suppressed his laughter, put on a professional look, took out a document and put it on the table.

Under Xing Ming's doubtful eyes, Sun Buqi held up his hands and explained one by one,

"This is the stock transfer certificate for 10,000 shares of Baidu; this is the bank deposit certificate for 1,000,000 yuan; this is the property rights certificate for a set of courtyard houses in Beijing, totaling nearly 7 million yuan."

He waited for Xing Ming to finish digesting it, and said word by word: "This is my first investment, and there will be a second and third investment. I believe it will not be lower than this number. I also hope to attract a bank to invest."

, formed a private equity fund and entered Baidu’s stock market.”

Xing Ming took it seriously and carefully checked the authenticity of various documents.

Ten years ago, he relied on information, courage, and wisdom to fight in the Shanghai and Shenzhen stock markets and earned his first million in life.

After setting up the Tianya Forum, I focused my energy on online dating. The speed of my personal wealth accumulation has slowed down, and my personal disposable funds are almost at this amount.

The few pieces of paper in my hand are as heavy as a thousand pieces of paper.

Xing Ming has a large number of Sun Buqi, and they don't see the behavior of a multi-millionaire at all. They don't understand that in just three months, the other party can accumulate such wealth, which is comparable to his own accumulation of more than ten years. This is unscientific.

He read the documents again and found nothing unusual. The head of the bank, stock, and real estate certificates were all Sun Buqi, and there were no signs of forgery in any of the documents.

"Mr. Sun, you are such a formidable young man! When I was your age, I was still a student at Sun Yat-sen University. I published some articles in my spare time and received more than ten yuan in royalties. I was very happy."

Chen Jiachang felt very sad in his heart, and when he looked at Sun Buqi, his eyes and body were full of love and respect.

Every time I think about the big boy who invited me to eat out three months ago, he would stare at the menu and ponder it for a long time, hoping to spend the least amount of money to satisfy everyone. In the blink of an eye, he became a big man.

Sun Buqi shrugged, "I stand on the shoulders of those who came before me. I cannot compare to you who worked hard alone to create the Tianya Forum. Now it is the best community in the country, and it will definitely be the best community in the future!"

Chen Jiachang didn't say a word, but smiled at Xing Ming's "arrogance at first and respect at the end", and the "business exaggeration" between the two.

When the personal wealth is equal, there is the possibility of direct dialogue, and the atmosphere in the room becomes cheerful.

Sun Buqitu had a clear idea, "Mr. Xing, I want to set up a PE company, temporarily targeting Baidu stock for one year, and I am also planning to introduce banks. Is it feasible?"

Xing Ming looked serious, "This is completely a Western-style operation, and it is still blank in China. There are only a few companies such as Hony Capital and CDH Investment. However, they are more focused on domestic high-growth companies and have already participated in the AB round.

Will buy stocks in the open market and secondary market!"

Sun Buqi was ashamed. He knew the data that the other party casually mentioned, but it was all fragmented knowledge and did not form a system, so he did not know the causes and consequences.

He asked with an open mind, "If the current price is plus a small premium, is it okay to invest in Baidu stock?"

Xing Ming fell into deep thought, checked the information on the computer, and kept writing and drawing.

"Based on the calculation of the third round of financing, Baidu's current price is US$10 per share; and based on previous data, the pre-IPO road show and the price quoted to public investors should be between US$15 and US$0. Only in this way can we provide the third round of funding.

By recruiting people, it provides huge profits and also provides room for exit.”

He casually drew a cousin, "Compared with the same industry, Baidu's web page visits exceed Google's %; but its market value after listing is less than 1% of the latter's; considering the growth of the Internet industries in China and the United States

If you apply a discount, the price should increase by about 200%, and the closing price on the first day is estimated to be more than $5.”

As soon as an expert makes a move, he will know if there is any. A series of professional vocabulary stunned Chen Jiachang and blinded Sun Buqi; he knew that Baidu's closing price on the first day exceeded 50 US dollars, but he was not interested in other information.

Nothing is known.

Sun Buqi applauded vigorously, gave two thumbs up, and asked excitedly: "Mr.

Xing Ming smiled slightly and shook his head firmly,

"Baidu is not listed and does not need to release financial statements. We have very little public information in the market, and finding existing shareholders is a very complicated matter. After finding the person, we try our best to persuade the other party to transfer the shares; from the secondary

Even your 7 million won’t be able to use up all the stocks purchased on the market. More stocks will still fall on the US road show, which is too complicated to operate.”

Sun Buqi looked determined, "No matter how complicated it is, how bumpy the road ahead is, we will not give up until we reach our goal, even if we pay tuition. People must take the first step before they can take the second and third steps."

Xing Ming shrugged, "The waves behind the Yangtze River push the waves ahead. Even if the claims are fanciful, the benefits and risks are not proportional. I will not participate in it for the time being. Sorry!" (To be continued)