Chapter 2201: Microsoft goes public

Chapter 2189 Microsoft goes public (second)
The Nasdaq stock market was actually established soon.
It was only established in 1971, and the first transcript made was Intel ’s application for equity offerings received in the first month of its establishment.
At that time, Intel was not the absolute overlord of the chip industry. They were just a memory company.
In those few years, Intel did not develop very well, and no other high-tech companies came to their listings. Nasdaq was at risk of bankruptcy.
At the critical moment, in December of 1980, Apple landed on the Nasdaq, and within a day, they created Joe ’s four billionaires, which quickly became famous.
The huge wealth effect of the car has made Nasdaq a "hotbed of billionaires", and thus Nasdaq has been favored by Silicon Valley entrepreneurs and has become a paradise for young people to take risks.
For the listing of Microsoft here, Nasdaq gave the greatest attention.
Since February, they have carried out various warm-ups for the listing of Microsoft, and also paid for advertising by themselves.
In addition, they also strongly recommend Microsoft's stock to investors around the world, boasting Microsoft as the world's number one in the future.
But the huge effort is also worth it. They know that if Microsoft is a big hit here, then with the success of the two high-tech companies Apple and Microsoft, the status of Nasdaq in Silicon Valley people will definitely increase. Come higher.
The valuation of the high-tech industry is the easiest to be continuously promoted.
More and more Silicon Valley companies are listed on the Nasdaq, which means that they have obtained numerous benefits.
With such a mentality, the Nasdaq must have been in turmoil in today's listing. Hundreds of industry-renowned investors, fund company managers, and some related company presidents have all been invited by them. Come and witness this great moment.
At 9:30, the three major shareholders of Microsoft, Yin Jun, Bill Gates, and Paul Allen, rang the Nasdaq's opening bell together with applause.
Immediately, on the large TV screen, the price of each stock changed constantly.
People are most concerned about, of course, Microsoft's stock.
Microsoft's total stock is 1 billion shares. This time, 200 million shares were publicly issued, and another 100 million shares were bought by Goldman Sachs.
Because the valuation is US $ 5 billion, the stock price per share is set at US $ 5.
Such a high valuation, in fact, as early as a month ago, there were many people talking about it.
They even disagree with Microsoft's $ 3 billion valuation, let alone $ 5 billion.
Among the 30 most famous fund companies in the world, at least half of them think that Microsoft's valuation is too high and the pricing is too high, which may encounter many difficulties.
There are still many others who feel that although Microsoft can maintain its valuation of US $ 5 billion in the past year, it must have been constantly ups and downs at the beginning.
This is why Bill Gates wants Yin Jun to come to sit and bring Microsoft a little luck.
The key today is whether Microsoft will break.
If Microsoft cannot hold on to the valuation of US $ 5 billion, then the market trend behind it may be uncertain.
It may be that Microsoft is trying hard to get up, and it is more likely that investors are not optimistic about Microsoft and are ready to wait until it plunges.
Bill Gates and Paul Allen certainly think that Microsoft is very good, should not break, but should increase the price.
The performance of Microsoft, the room for growth, etc. analyzed by Yin Jun are all their confidence.
Today, Microsoft's development momentum is far better than that of Apple. Why can't we reach the market value of 5 billion US dollars?
Not to mention 5 billion, it is 6 billion, 7 billion US dollars, it is not impossible!
But what is inconsistent with their thinking is still the group of investors and fund managers.
Until this morning, they all went bad, and a fund manager quarreled with Paul Allen.
"Up!"
"Up!!"
As people exclaimed, Microsoft's stock price went from the first jump to the red.
Moreover, it directly jumped higher, and the price was 5.2 US dollars.
Immediately afterwards, it jumped to US $ 5.3 and US $ 5.5. In just five minutes, Microsoft's stock price rose to US $ 5.8, a 16% increase.
After everyone exclaimed, they didn't feel strange.
The fund managers of the big accounts are still fighting against Goldman Sachs and Microsoft to constantly increase their valuations. Why do they see so many people buying now?
Some managers of small and medium-sized funds originally wanted to try to slowly enter some when Microsoft's stock fell. Seeing this scene, they couldn't help but let go of their hands and did not buy for the time being.
Only 5 minutes after the opening, the rise is so high, it is definitely a bit abnormal.
Just wait and see.
After all, there are a lot of stocks, which all rise first and then fall, which will not last long.
Or the rising part is that Goldman Sachs or Yin Jun deliberately raised it, attracting us to buy it?
They were nervous and puzzled here, and Bill Gates and Paul Allen, who had been staring at the screen over there, were very excited.
At the beginning, they didn't break, and they jumped high, which made them very excited.
Today, the rise has been as high as 18%, which is completely beyond their expectations, making them feel that there must be a wave of quotes behind.
Even if it will eventually fall back a little, but as long as it can maintain the issue price of 5 US dollars, and then rise slightly, it is a victory.
Only Yin Jun was not so nervous.
After ringing the bell, he stood by and chatted with Buffett, as if he were not here.
Buffett was included in the Forbes rich list as early as last year. Although the family's property is only about 200 million US dollars, the investment company he manages does have very good returns.
It's just that he came here today, not to buy stocks, just because he was a friend with Bill Gates and came to join in the fun.
As a result, Bill Gates did not have the time and energy to chat with him. Instead, Yin Jun spoke to him from all over the world, so that he would not be too idle.
"Now the stock has risen so much ... aren't you happy at all?" Buffett said to Yin Jun, "This is an 18% increase over the listed price!"
"Microsoft's stock has risen to $ 500 billion, and I'm not surprised at all." Yin Jun replied with a smile. "Like Warren, the Coca-Cola company you bought, it must rise, it will make money! Got it, what am I surprised to do? "
Buffett thought you could compare them.
Coca-Cola is the largest beverage company in the world and the beverage company with the highest market share in the world. Its profit exceeds that of Microsoft, and it has not stood for decades. Can Microsoft be established in less than ten years?
But he had to admit that Yin Jun's courage and the confidence that came out of his heart completely convinced him that what he said was true.
Or can I consider Microsoft's stock?
The idea flashed through Buffett's mind, and then he erased it.
The biggest reason why Buffett can become a stock is actually his conservatism and his persistence.
When people are confused by the market, only he insists on his investment philosophy from beginning to end, will not shake, and won the final victory.
So Buffett still didn't think about Microsoft.
Yin Jun did not let Buffett buy it, but wanted to deepen the impression of Buffett.
When the market value of Microsoft really reaches 500 billion US dollars, Buffett will remember what Yin Jun said to himself today.
At that time, he would be even more surprised by Yin Jun's judgment and prediction.
In the previous life, it was only in 1999 that Microsoft broke the 500 billion dollar mark, and at the end of the year, it climbed to the peak of 600 billion dollars and became the world's first.
At that time, four years after the release of Microsoft's WIN95, coupled with the continuous expansion of the Internet bubble, its market value was so high.
In fact, after the bursting of the dotcom bubble in 2000, it took Microsoft a full nine years to rise slowly, and by 2017, the market value again exceeded 600 billion US dollars.
Then in more than a year, Microsoft became the third company in human history to break the market value of 1 trillion US dollars.
How long will it take Microsoft to break down 500 billion dollars in this life?
Yin Jun thought it would be fine in the early 1990s.
To be precise, it was 92 years ago.
Yin Jun ’s Kirin computer will do its utmost to make more people able to use the computer.
With the continuous development and popularization of computers, and the continuous promotion of Microsoft's WIN system, the trend of Microsoft becoming the hegemon of the software industry is really visible to everyone.
A software company with such a high market share and so many users will continue to move forward under the impetus of the market.
Even if Microsoft is unwilling to rise so much, the fund companies and investors behind it will work hard to make Microsoft go crazy.
As long as Microsoft breaks through US $ 500 billion, Yin Jun will definitely carry out large-scale reductions.
But this kind of reduction will not be sold out in a day, which will destroy Microsoft's progress. Www.EbookFREE.me , Are sold little by little, so that most of the stock in Yin Jun's hands can be sold.
And when Microsoft falls to the bottom, Yin Jun will surely absorb it again.
Yin Jun will not sell any more stocks this time.
Once again becoming a major shareholder of Microsoft, Yin Jun will also prevent Microsoft from making some serious mistakes.
For example, such a thing as porting a Windows system to a mobile phone cannot be done.
The Windows system is not the best system in the world, and it is much worse than Android, not to mention the closed system Apple.
It's their cloud computing and artificial intelligence that really allow Microsoft to make a big difference!
These two businesses are the biggest tools that enable them to climb to the top again!
(End of this chapter)