The Great Power of Times

Chapter 252: The largest bank on earth

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Galaxy Network is developing rapidly now, and has many R&D projects, many of which are medium and long-term strategic projects with large investment and no profit in the short term. At present, the company's employees have exceeded 10,000, and it must have reached a large scale. It is time to go public and raise funds.

As a network equipment manufacturer, Galaxy Network will only be listed, transparent and supervised, so that partners and consumers can be more trusted, and the US government can be assured. After all, the behind-the-scenes boss of this company is a Chinese.

Li Zetian chatted with Tian Shuai and Zhang Yan for a long time, and finally talked about the issue of the company going public again.

The company's annual financial report is good, and it is popular with Wall Street investors. Coupled with the announcement of the National Science Foundation (NSF) to form the NSFNET network, the timing of Galaxy Network's listing is very good.

"Tian Shuai, the company needs to find a lead underwriter to go public... Chase Bank from the Rockefeller consortium, Bank of America from the California consortium, HSBC in Europe, and more..." Li Zetian thought for a while and said, "I plan to leave a lead underwriter in the end. Buy a bank and let it do it.”

Lead Underwriter refers to a securities business institution that exclusively underwrites or leads an underwriting syndicate in stock issuance. Lead underwriters are the most important intermediaries employed by stock issuers. It is not only the lead underwriter of the stock offering, but also the issuer's financial advisor, and often the issuer's listing recommendation. When a company decides to issue stocks, there are often several, a dozen or even dozens of securities operating institutions to try to serve as lead underwriters, and the competition is fierce.

The Rockefeller Consortium and the California Consortium are now Li Zetian's allies, and this is naturally to win over them and give them a little sweetness. At the same time, let others know the benefits of forming an alliance with Li Zetian.

There are still so many companies under Li Zetian's name, and there will be more companies in the future. If all of them are split and listed, it is not a blow, and there will be no problem in ringing the bell on the Nasdaq for a year.

If Galaxy Network is going to be listed, it will definitely be very successful. As the lead underwriter, it will definitely make a lot of money, fame and fortune.

"Okay, Mr. Li, I understand." Tian Shuai nodded in response.

"Okay, let's talk about it today!" Li Zetian said, stood up from the seat, and said goodbye to them.

On the way back home, Li Zetian turned to look at Dongfang Yuqin and asked, "Has the information on Wells Fargo Bank been investigated?"

"Mr. Li, don't worry, the information is very detailed, the acquisition team is ready, if you want to acquire Wells Fargo now, they can act immediately!"

Li Zetian nodded and said lightly: "If that's the case, then immediately launch an acquisition from Wells Fargo!"

"Yes!" Dongfang Yuqin responded, then took out the brick mobile phone from the bag, dialed a phone number, and explained a few words to the person on the other end of the phone.

Li Zetian closed his eyes slightly, leaned his head back, and leaned on the back of the car seat.

In fact, his understanding of Wells Fargo is far better than Dongfang Yuqin and others. This bank was the bank with the highest market value in the previous life. Since its establishment in 1852, it has never lost money, and it has finally become the strongest, which is simply astounding. The earnings in the 15 years from 1983 to 1998 were 3.99 times that of the large-cap stock index in the same period, 1.5 times that of Intel Corporation, 3 times that of General Electric Company, and 4.5 times that of Coca-Cola. During this period, the financial industry is far from the prosperity of high-tech stocks, automobiles and electrical appliances, so the performance of Wells Fargo in the United States is amazing!

At this time, Wells Fargo is in the early stage of its rise, the scale of the bank is not very large, and the market value is less than 1 billion US dollars. As Li Zetian, the acquisition of such a company will not be too much resistance. If you want him to buy big banks like Citibank and Morgan Bank, even if Li Zetian has enough funds, but as a Chinese, it is difficult for him to buy successfully.

In addition, Li Zetian's acquisition of Wells Fargo Bank can also reduce the vigilance of major consortia.

Therefore, acquiring a bank with great potential and then growing it is the most appropriate approach.

The next day, the news that Galaxy Network was preparing to go public came out, which caused a stir in the industry, and the media's attention was also attracted by the matter.

At this time, the acquisition team sent by Li Zetian had been quietly in contact with the shareholders of Wells Fargo, and secretly negotiated acquisition matters, lest the acquisition be secretly disrupted by some malicious people.

Time passed by. On January 20, Nintendo held a product launch conference. Li Zetian watched the launch live on satellite TV at home.

Sure enough, Nintendo released a home game console, the name has not changed, it is still the same as the previous life, called Fa (FC)!

Before Li Zetian spoke, Yu Jingqiu couldn't help but said in surprise: "The game console released by Nintendo is so similar to the Flamingo-1 game console, I dare say that Nintendo must have copied the Flamingo-1 game console. !"

Li Zetian smiled and said: "Nintendo does not do plagiarism once or twice. When Atari game consoles dominated the world, Nintendo also copied a lot of game works. However, this machine is better than Flamingo because of The -1 game console was developed several years later, so the performance of the game console is much better than that of the Flamingo-1."

At the press conference, Yamauchi, the president of Nintendo, was full of air and confidence.

"The FC game console is the best performing game console at the moment! Yes, it is more powerful than the Flamingo-1 game console! Game developers can develop even better games on the FC platform. Everyone knows it, good Only the best games will attract players! If third-party game developers want to sell their game software well, choosing the FC platform is definitely your best choice!”

Li Zetian couldn't help shaking his head and smiling, and Nintendo openly dug a corner at the press conference.

Dongfang Yuqin said in a low voice at this time: "Mr. Li, do you want to give a little warning to third-party game developers and not allow them to develop games for Nintendo?"

"In line with the principle of fair, just and open competition..."

Li Zetian paused for a moment and smiled, "Go and ask Flamingo to warn these third-party game development companies!"

Yu Jingqiu smiled and said, "I really thought you changed your mind and didn't suppress Nintendo."

"Hehe, how is this possible!"

Li Zetian smiled and continued to watch the live TV broadcast. Nintendo also released 6 built-in games this time, which felt pretty good. However, Japan's top game design talents are either recruited by Flamingo, or third-party game development companies. In this life, Li Zetian plagiarized Nintendo's big-selling product Game-Watch, resulting in Nintendo's stunted growth, and its capital and talent reserves were far less than in the previous life, so there can be no more classics like "Super Mario".

The game performance of FC is certainly stronger than that of Flamingo-1, but it is not much stronger. There are so many fun games on the Flamingo-1 game console platform, it is impossible for FC to beat the Flamingo-1, the Flamingo company eats meat, and Nintendo drinks some soup at most.

However, the soup may not last long either.

Regardless of the FC, or the Flamingo-1 game console, in the final analysis, it is an 8-bit game console.

However, Flamingo has already developed the second-generation Flamingo game console very early, and is preparing to use a 16-bit Intel8086 processor and use CD discs as game storage media...

Such a revolutionary, high-performance console will surely shock all gamers and game developers once it is released. There is no doubt that FC will be far behind the second-generation Flamingo game console. At that time, Nintendo will definitely regret spending huge sums of money to develop FC game consoles.

Seeing Li Zetian's relaxed expression, Yu Jingqiu couldn't help but ask, "Aren't you worried that Nintendo will grab Flamingo's market share?"

"Nintendo is not up to the mark, Flamingo's opponent is someone else!" Li Zetian said lightly.

Yu Jingqiu and Dongfang Yuqin couldn't help feeling puzzled when they heard Li Zetian say this.

"Which company do you mean by someone else?" Yu Jingqiu asked curiously.

Li Zetian slowly spit out two words: "Sony!"

After a pause, he went on to explain: "Sony is very powerful. If it wants to enter the home game console industry, it will be a formidable rival to Flamingo!"

The Nintendo of this life was crippled by Li Zetian, so Li Zetian didn't take it seriously. On the second day of the Nintendo product launch conference, Li Zetian finally completed the wholly-owned acquisition of Wells Fargo Bank, with a total purchase price of 1.25 billion US dollars!

On the day the acquisition was completed, the news spread, and people couldn't help but be shocked! At the same time, many people are puzzled, why did Li Zetian buy a small and medium-sized bank

But anyway, Wells Fargo became famous all of a sudden!

Out of people's trust in Li Zetian, many people subsequently became users of Wells Fargo.

Li Zetian made a special trip to the headquarters of Wells Fargo in New York in order to show his importance to Wells Fargo and to appease the employees of the bank. Here, he met with the middle and senior management of the company and announced that he would not actively interfere in the development of the bank. The original management team would still be responsible for the management of the company, and the corporate culture and management of Wells Fargo would remain the same! In addition, he also said that he took $2 billion from the umbrella company and deposited it into Wells Fargo.

In fact, this is equivalent to giving Wells Fargo an additional $2 billion in development funds, allowing it to grow rapidly!

The good news brought by Li Zetian is not only this, he also decided to cooperate with the company under his name and Wells Fargo Bank, the company's book funds will be transferred to Wells Fargo Bank one after another, and he will also encourage employees to apply for Wells Fargo Bank credit cards in order to issue salary!

Li Zetian's series of decisions made Wells Fargo Bank joyous!

"Let's develop Wells Fargo into the largest bank on earth together!!!!" Li Zetian shouted.