Rebirth 76: Industrial Internet Empire

"Mr. Yang, Amazon is just an Internet company that has been established for about three years. It may reach the market value of Cisco, Intel, and even Microsoft in the future. But after all, this is a company that has just IPO. If the premium is too high, it will not be recognized by investors. , which is actually not very beneficial to Amazon’s future development!” Abby Cohen explained with a wry smile.

"How do you know it won't work without trying it?" Yang Mo said, looking directly into Abby Cohen's eyes.

"Mr. Yang, are you really planning to reach a valuation of [-] billion? With all due respect! This is very dangerous. Such a miracle has never happened on Nasdaq!" Abby Cohen tried to dissuade him.

"Issue 25% of the tradable shares, with a valuation of 800-1000 billion, and the underwriting commission will be reduced to less than 0.4%. According to this framework, we will make a practical planning plan!" Yang Mo said without doubt.

"Mr. Yang, this..." Amy Cohen said with some embarrassment.

"What? Are you having trouble?" Yang Mo asked with a frown.

"Mr. Yang, if you insist on a valuation of 800-1000 billion, we will tailor a new plan for you!" Amy Cohen said with a wry smile.

"Don't you need to discuss it with Mr. Canaro? Is this a project that you two are working on together?" Yang Mo asked.

Amy Cohen waved her hand and said: "The final decision on this project rests with you, and the discussion is only about the details of how to implement it!"

"I just like to deal with smart people!" Yang Mo chuckled.

"Mr. Yang, you have also seen our road show plan. Can you please give us some suggestions?" Amy Cohen asked humbly.

"Great technology companies like Apple and Cisco have built an information platform through computer technology, and Amazon is using this information platform to open up the last link of commodity trading and circulation. Amazon is not just an Internet company, it pioneered An era of e-commerce with unlimited possibilities!" Yang Mo said after pondering for a moment.

Amy Cohen is one of the few investors on Wall Street who is bearish on Internet companies. She believes that the Internet bubble has accumulated to an incredible level. Intel and Qualcomm are the representatives of this Internet feast!

With the x86 CPU architecture and its ecosystem, Intel's market value has inexplicably exceeded 5000 billion US dollars. This is equivalent to the payment for all computers sold in the world in the past few years. Regardless of the cost, it is all given to Intel...

Qualcomm didn't give in too much. In just one year, Qualcomm's stock price soared from US$7 to US$176. Investors who were crazy about it only knew that Qualcomm was an Internet company, and they might not know what it did specifically...

This is one of the reasons why Amy Cohen has been suppressing Amazon's valuation. After listening to Yang Mo's words, she also began to feel that Amazon's market value may really reach the heights of Qualcomm and Intel!

After leaving Amazon, Amy Cohen immediately dialed Canaro’s phone number...

"Amy, how could you agree to such harsh conditions?" Canaro said furiously after hearing the phone call.

"We have no choice at all, either terminate the contract or accept his conditions!"

"No! You were frightened by his bluff! It's impossible for them to change underwriters!" Canaro said angrily.

"Mr. Canaro, I want to remind you that Amazon is not a start-up waiting to raise funds from Nasdaq. Without Qualcomm and JPMorgan Chase, they can still IPO. We know this, and Yang Mo also knows this! "Amy Cohen resisted saying the word idiot.

"Valuation of 800-1000 billion US dollars, commission of 0.4%, my God! No top investment bank will agree to such harsh conditions!" Canaro still chattered.

"Mr. Canaro, you and JPMorgan Chase have two choices, either give up this project, or persuade Yang Mo! If you can't do that, please give up these useless disputes and complaints and come up with one as soon as possible. Come up with a practical plan!" Amy Cohen said angrily.

Canaro finally shut up. It was impossible to give up the project. If he gave up the project voluntarily, the board of directors would kick him out without hesitation!

…………

Andy Investments.

"Andy, long time no see..." As soon as they met, Yang Mo opened his arms enthusiastically and gave Andy Bertelsheim a solid hug!

"Mr. Yang, as soon as you arrived in Silicon Valley, my phone was buzzing with calls. I heard that you were planning to terminate your contracts with Goldman Sachs and JPMorgan Chase?" Andy asked in confusion.

Yang Mo chuckled and said: "We have this plan, but it depends on their revised plan..."

Andy shook his head and smiled bitterly: "You always have such amazing things!"

"How's it going? Andy, I heard that young entrepreneurs in Silicon Valley are proud to meet you. The investment vision of Silicon Valley's number one venture capital guru puts even Valentine to shame?" Yang Mo teased road.

Andy smiled bitterly and said: "How can I have any investment vision? There are countless cases of investment failure, so you have never asked about the investment business of Andy Investment!"

Yang Mo chuckled and said: "Isn't that what venture capital is like? If you fail 100 times, you will get your money back if you succeed once. Just investing in Google is enough for you to invest for another ten years..."

"Mr. Yang, please don't put your money on my face. I just came to my door because Larry Page and Sergey Brin are Stanford alumni. I thought the core architecture was good, so I invested 200 in them." Wan, the subsequent A and B rounds of leading investment were all completed under your instruction!" Andy said with a sincere face.

"How much equity does Andy Investment hold in Google now?" Yang Mo asked.

"After dilution through the IPO, we still have a total of 16.6% of the equity, which has surpassed Larry Page's 14.8% and has become Google's largest shareholder. However, we have temporarily entrusted the voting rights to Larry Page." Andy said Five-ten said.

Yang Mo nodded: "Andy, you've done a great job. Don't sell your equity in Google at any time!"

"I have considered acquiring the equity from some small and medium-sized shareholders, but there has been no progress. All shareholders seem to be very optimistic about Google..." Andy said with a wry smile.

"Let nature take its course, there will always be a chance!"

Yang Mo flipped through the financial statements of Andy Investment, and the letters "nvidia" suddenly came into view. Yang Mo raised his head and asked calmly: "Andy, tell me about this company? When did you invest? What is the shareholding structure now?"

“Valentin of Sequoia Capital was personally responsible for nvidia’s angel round, and together with other capital companies, he invested US$2000 million at once! This is extremely rare in Valentine’s investment history. Andy Investment was invited to participate in nvidia’s angel round. Series A financing..." Andy explained.