Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1503 Microsoft goes public
This negotiation made Steve Ballmer happy but also a little frustrated. As the vice president of Microsoft, he is known as the best negotiator in the company; he had been negotiating for so long before, but the other party would not speak. Unexpectedly, Bao Zixuan came over; within an hour, it was better than he expected. Is it because he is really not suitable for business negotiations or is it because of the huge gap in strength? At this time, he is still a little confused.
Perhaps seeing that Steve Ballmer was a little frustrated, Bao Zixuan said with a smile: "Steve, this is what the Walkey gang is like, bullying the weak and fearing the strong. In fact, this all requires a process. When I started my business, it was the same It’s a shame. But this will definitely not happen in the future, because you are about to become a billionaire, and your wealth will only increase.”
"It should be a time to be happy. Let girls all over the United States see a different Microsoft executive."
Hearing this, Steve Ballmer didn't say anything.
After returning to the hotel, several people cheered when they heard that the stock price had doubled. As for Paul Allen, he took the beautiful woman out shopping, and everyone didn't have any objections to this. She doesn't care about anything, not to mention it's not easy to find a girlfriend. As a friend, I must give you strong support.
The next morning, Bill Gates, Paul Allen, Steve Ballmer and Charles Simonyi rarely wore formal attire. Although they really want to be different, today's occasion does not allow them to be willful.
As for Bao Zixuan, he still didn’t show up. At this time, he was in the Nasdaq VIP reception room, looking at the four high-spirited people. Next to him were Goldman Sachs President Bruce Bowles and Morgan Stanley head William Morgan. The bigger the boss, the less likely they are to grab the limelight at this time; because for them, making money may be more important than anything else.
Bruce Bowles smiled and said: "Mr. Bao, I heard that you participated in investing in Microsoft not long after its establishment. Your vision is really admirable."
In fact, there is no secret at all about these. As an underwriter, you must know everything about the company; if you don't even know the situation of the shareholders, you won't dare to make any next moves.
Bao Zixuan said with a smile: "Actually, I am only optimistic about the computer field. Not only Microsoft and Apple, but I have also invested in many computer-related companies. It's just that some succeed and some fail. But failure is not important to us. It’s not unacceptable.”
"The initial investment in venture capital is not large. As long as one company goes public, even if the other 99 companies fail, you can still make money. Both of you are Wall Street giants, so you won't deliberately trick me here!"
In fact, everyone understands the principle, but not many people can actually do it. Unlike Bao Zixuan, they must have outstanding performance for the board of directors to see.
For many venture investments, although the return rate is amazing, it may take a long time. As a professional manager, the board of directors cannot give you too long. Therefore, you must be cautious when investing, or you will be able to see returns in the short term. Only in this way can they stay in position longer.
This is why they use all their resources to become underwriters for corporate listings. Because this is the fastest way to make money and is relatively less risky. A company is preparing to go public, which means that there must be no major problems in all aspects of its situation.
After listing, the handling fees and other profits from selling stocks are very considerable. Therefore, Wall Street capital bosses prefer to do this kind of work.
Of course, there are also investments that can yield visible returns, such as futures, foreign exchange, and stocks.
William Morgan: "Mr. Bao is more free. He can invest in anything he wants. We are not as good as you. Even if we see a good project, we don't dare to start easily."
Regarding the problems of Wall Street companies, Bao Zixuan is more or less on his own; but those have nothing to do with him and cannot be changed.
At this moment, the time to go public has arrived. The four people began to ring the bell, which was considered a tradition and announced that the company was officially listed.
Microsoft stock is still very popular in the market, and the institution that originally bought it was overjoyed when it saw the opening price of $20 per share. In other words, they have already made double the profit without doing anything. Although I don’t understand what’s going on, it’s always nice to be able to make money.
In order to prevent accidents, the richest man still asked Blackstone Fund staff to stay in the United States to keep an eye on Microsoft's stock price. If there is a move, buy a portion. He must not be left in the cold, he couldn't afford to lose that person.
Fortunately, Goldman Sachs and Morgan Stanley did not disappoint. They used funds to raise the stock price, at least to give Bao Zixuan an explanation. After all, this was a matter of face, and they couldn't afford to embarrass that person.
Seeing the stock price rising, Bill Gates and others were very excited. Ten years of hard work had finally been recognized. I think only I know this feeling.
Within an hour, the stock price had reached $30. Seeing this, Bao Zixuan was very satisfied. So he smiled and said: "I don't know if Goldman Sachs is interested in continuing to cooperate."
Hearing that only Goldman Sachs was mentioned and nothing about Morgan Stanley made William Morgan next to him very unhappy.
JP Morgan first founded the famous investment bank JP Morgan. When the Great Depression broke out in the 1930s, the U.S. government believed that super banks were the cause of the Great Depression, so it introduced a bill prohibiting commercial banks from engaging in investment banking business at the same time.
In this context, Morgan Bank was divided into three, JP Morgan became a pure commercial bank, and Morgan Stanley became an investment bank; there was another Morgan responsible for overseas business, which was acquired by German Bank in 1990.
To put it simply, Morgan Stanley and Morgan are both from the "J.P. Morgan" department. Although it was split up, the largest shareholder is still the Morgan family. It's just that Morgan Stanley has always been a side management, which can be regarded as a kind of check and balance. Thinking of the complicated relationship between Bao Zixuan and the Morgan family, William Morgan immediately understood what it meant. This is because he does not want to cooperate with himself, or excludes Morgan Stanley.
Of course, Bruce Bowles knew about the bloody plot between the boy in front of him and the Morgan family. Now was not the time to talk about loyalty; if he could get on the line with the Black Cloud Group, he would not suffer any loss. Bao Zixuan's strength is one aspect, and its business reputation is impeccable.
Now that there is a conflict between the Morgan family and others, we cannot blame Goldman Sachs for being a monopoly. If it was before, you might have to be wary; but now we are all doing our own business, so of course we can cooperate if there is an opportunity. In addition, the partners are not satisfied with the Morgan family, so Goldman Sachs should give up. There seems to be no such reason in the world.
Bruce Bowles smiled and said: "Mr. Bao wants to find someone to cooperate with, and I believe no one will refuse. I don't know what kind of business there is, and I want to take care of Goldman Sachs."
Although I feel uncomfortable, I still want to hear what business the two people are talking about. Bao Zixuan was actually able to say in front of him that he wanted to cooperate with Goldman Sachs. Then it is definitely more than just stimulating him and the Morgan family behind him. It might be a trap, but I don't care about that much at the moment.
Just think of it as shameless and continue to listen.
Bao Zixuan smiled and said: "As one of the most well-known investment banks on Wall Street, Goldman Sachs is just thinking about being an underwriter for a stock every time. How long will it take to make money like that? If you want to play, just play with a big vote, and do it all at once." I will earn back all your retirement funds for the rest of your life."
The business Bao Zixuan wants to cooperate with will definitely not be small. And being able to earn all your retirement funds for the rest of your life is enough to show how lucrative the profits are.
Bruce Bowles smiled and said: "Mr. Bao, you have made me a little confused; what kind of business can earn a pension for the rest of my life. Although I am not like you, I still have a big family to support."
The meaning is obvious, his appetite is not small, at least bigger than imagined.
Bao Zixuan said with a smile: "I believe you should know Fucaila; what relationship it has with me, let alone say more."
"I want to build a stock exchange in Fucaira; the goal is for well-known companies from various countries in the Middle East to be listed there. It is still an unexplored virgin land, so there are unlimited business opportunities."
"To be honest, I am definitely more proficient than you in industrial manufacturing and aviation power. But when it comes to securities trading, Mr. Bowers is the expert."
"If you have ideas, Goldman Sachs can participate in the construction of Fucaira Stock Exchange. In fact, I don't value Goldman Sachs' financial strength. After all, I am not short of money. The main reason is your professionalism, as well as Goldman Sachs's connections and channels. That’s what touches people the most.”
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