Vol 6 Chapter 866: NEXTDOOR listed
Nasdaq, New York, September 15th at 9 o'clock in the morning, Mayer wearing a dark blue skirt, surrounded by a group of people, appeared in the most attractive seat of Nasdaq.
Suddenly, smiles appeared on everyone's faces upstairs and downstairs, but Meyer himself was in a rare trance.
At the reminder of NASDAQ CEO Robert Grayfield behind her, she picked up the hammer that she didn't think she would have a chance to pick up before, and looked back amid everyone's attention.
The wall behind them was completely covered by the big NEXTDOOR sign at this time. Then, she smiled generously, dropped the hammer heavily, and suddenly "cang" with a crisp sound. The cheers were like waves, and the applause was thunderous. Stocks officially started trading!
By the time she went downstairs to prepare for an interview, the stock price had risen by more than 16% from the issue price of $31, to $36. This means that the market value of NEXTDOOR has successfully exceeded $19 billion!
And this kind of increase also means that the issue price of 31 US dollars that they determined is very reasonable, that is, this IPO is very successful!
"Ms. Mayer, we want to know that we will choose the Dutch auction in the end because you are from Google?" A female reporter holding the Wall Street Journal squeezed in front of her.
Before Mayer could speak, the female reporter added, “Does this mean that Mr. Feng and you really don’t care about the relationship with Wall Street?” (The impact of this IPO method on Wall Street was written when Google went public. A lot has been passed, so I won’t repeat it.)
Meyer smiled and glanced at the female reporter who looked a bit attractive and anxious, and couldn't help but think of Feng Yiping's words. More often, women are embarrassing women.
It's really good!
She believed that it would be difficult for the male reporters present to ask herself these two profound questions.
"The development and success of NEXTDOOR over the years is inseparable from the support of all our users. The IPO in this way is also to enable our users to benefit from our development and success," she smiled to the reporters. Say.
"We are very pleased to see that from the feedback received by the company, many of our users have participated in this IPO. Thank them for their support. We also ask all users who support us to believe that our stock will definitely Bring them very desirable benefits."
At this time, many housewives were watching Meyer’s interview in front of televisions in many families across the United States. Of course, they participated in subscribing to the 53.87 million shares issued by NEXTDOOR.
The biggest contribution to the development of NEXTDOOR, of course, is more than half of the households in the United States that have become its users. If it is further subdivided, the most outstanding contributions to the development of NEXTDOOR are their housewives.
They are the main body of NEXTDOOR active users. They are the core supporters of NEXTDOOR's products and services. They have allowed NEXTDOOR to successfully get involved in all aspects of American family life... They are the main source of NEXTDOOR's revenue.
Under their influence and drive, more and more families in the United States, more and more fields, are inseparable from NEXTDOOR.
Whether it is choosing a location from the beginning, and then choosing a construction company, decoration company, furniture company, or intermediary company-in this regard, it can even be specific to the specific housing intermediary individual...
After settling in all aspects, NEXTDOOR is still inseparable from the babysitter who takes care of the children-in many communities, this will also be specific to the individual.
Leisure and entertainment choices and arrangements-this includes the most recommended items in the neighborhood, for example, if you are dining out, which restaurant is the most worth visiting, the best time period, the best location, the best dishes...
The most popular bar after a meal, or the most acclaimed movie in the best cinema nearby...
Which one is the beauty salon, which one is the yoga studio, which company is best for termite control, which plumber is good and affordable...
And, all the goods that need to be purchased at home, from food to clothing to sundries...As long as they need it, they can find help on NEXTDOOR.
And now there are many free and paid courses on NEXTDOOR, whether it’s your cooking skills, how to store, and even the fun in the bedroom...
In short, with NEXTDOOR, after living in a community, you will soon be able to integrate in without any hindrance, as if you have lived there for a lifetime.
At the same time, they can also expand their social circle in NEXTDOOR, like the dynamics of their friends' families, and play casual games with their friends...
Even, they also took the initiative to help expand NEXTDOOR's business boundaries. In NEXTDOOR, there is a part of the development, which is beyond Feng Yiping's expectations, that is, the transaction of second-hand goods.
It seems that these housewives have all auctioned the courtyard and moved them to NEXTDOOR.
Their move that surprised Feng Yiping will surely make people say that the former CEO of eBay who is about to take over HP, who often had trouble with Feng Yiping for a while, and later chose to settle with the former Queen of Silicon Valley, Meg Whitman. , I am very fortunate that I left eBay in 2008.
Otherwise, she really didn't know how to face such a challenge.
NEXTDOOR is a family-based social networking site with real-name system, which greatly guarantees the quality of the second-hand goods sold by each user. This is much more secure than the mixed eBay.
However, NEXTDOOR currently does not intend to expand this area of business. After weighing them, they believe that giving users the best experience is the main basis for NEXTDOOR’s development and growth. If you rush to expand the scope of business in this area, let users The impression of second-hand transactions on the website is as bad as eBay, but it will affect the main income of the website-advertising.
Yes, NEXTDOOR’s main revenue also comes from advertising. More than half of the $651.6 million in revenue in the second quarter came from advertising.
At this time, those housewives who pay attention to NEXTDOOR know that they can set foot in another field in family life. It can be said that it is the most important field of a family, that is, investment!
Generally speaking, the rights in this area are in the hands of their husbands, but how much benefit do we get from subscribing for NEXTDOOR stock this time?
On the Nasdaq, watching Mayer didn’t bother to respond to his other question, the female reporter of the Wall Street Journal asked unwillingly, “So you just want to get enough benefits from Wall Street, and In the traditional business of Wall Street, they are..."
Before she could finish her last words of "excluded", she was pulled away from the scene by security personnel.
At this time, it is obviously inappropriate to ask such a topical question.
Besides, how could they exclude Wall Street?
Yes, this IPO process has weakened some of the role of Wall Street~www.wuxiaspot.com~ But is Wall Street happy at this time?
Of course happy!
Including Goldman Sachs, Morgan Stanley, and even Blackstone, Black Rock and other asset management companies that seemed to have been taken advantage of by Feng Yiping before, all got the opportunity to invest in NEXTDOOR before it went public.
This is a proper chance to make a fortune!
Of course, Feng Yiping also got a lot of benefits from this. He got some shares of start-up companies held by these companies as he wished, including those of established companies such as Apple that they think the current stock price is too high and the future development is not optimistic. In stocks, there are also startups like Uber that have just had some momentum.
This is also a win-win transaction that Feng Yiping has always promoted, and both sides believe that they have won.
So, how can companies on Wall Street have opinions?
Who doesn't know, Feng Yiping still has a bunch of companies waiting to go public, think about Facebook, think about Tesla... They wiped the corners of their mouths, you can go public any way you want!
A reporter from the San Francisco Chronicle he was familiar with immediately picked up the file, "Ms. Mayer, we all know that NEXTDOOR is the first company founded by Feng in the United States. Why didn't he come to participate in the IPO?"
Meyer knew that someone would ask him, "Feng has other tasks to deal with,"
She tried her best not to show any extra meaning when she said this. Of course Feng Yiping wanted to attend this IPO, even if she was standing in the back row, she didn't know it because Jin gave birth suddenly?
She gestured, and the entourage immediately guarded her to leave. They will go to Goldman Sachs to further observe the stock trading. However, as soon as she got on the bus, she couldn't help calling Feng Yiping, "We succeeded!"
