New York.
In the hotel lobby, even though the roadshow was about to begin, there was still a long queue in the lobby.
In New York, the length of the roadshow queue seemed to have become a measure.
The more popular the company, the more optimistic the company was, the longer the queue would be during the IPO roadshow.
These investors did not seem to know that they would arrive early. They all gathered at the same time, as if this was also a tacit understanding.
In the crowd, the name "Titan Lee" was frequently heard.
These old faces on Wall Street used to be talking about Americans and Europeans. But today, everyone was talking about an Asian.
Some media reporters in the crowd were also whispering. "Titan Lee" blew up Wall Street, blew up America!
…
At 10: 18 in the morning, the Weibo premiere began.
When the investors took their seats, the big screen began to play the Weibo IPO promotional video.
The video introduced the various data of Weibo, future prospects, profitability …
Although these data, this video, the investors had already seen these.
However, the scene was still quiet, and no one talked in private.
These investors cherished their time, but they were very patient. They stared at every piece of data on the big screen, listening to every word of the Weibo executives, as if hoping to find some loopholes.
After the eight-minute promotional video ended, there was no Q&A session. The host enthusiastically called out the name "Titan Lee" and invited Li Dong to come on stage to say a few words.
At this time, there was finally some discussion in the quiet hall.
The eyes of the crowd turned to Li Dong, who stepped onto the stage.
This extremely young Hua Xia person, the first time he came to the United States, he attracted countless people's attention and caused a sensation.
Wall Street investors were also very curious, what would Li Dong say?
Many people had seen some of Li Dong's speeches in Hua Xia, including the previous live video.
Many people actually had the impression that Hua Xia's Titan Lee could speak, dared to speak, and also dared to talk nonsense!
…
Under the watchful eyes of everyone, Li Dong went on stage and bowed slightly. Then, he greeted everyone in fluent English, although he was not very proficient.
After a few simple greetings, Li Dong smiled and said, "Originally, before the Weibo IPO, I should have said some expectations and expectations for the future. However, at this moment, I didn't really want to talk about this. Weibo's various business statistics were obvious to everyone. It surpassed MySpace and Facebook to become the world's largest social networking site. In my opinion, there's no need to repeat such results over and over again. Otherwise, it would be a waste of each other's time. To us, time is more precious than money. "
Although he said that he wouldn't repeat it, he still took out the top three social networking sites in the United States and the world to beat them up.
The investors below the stage were also deep in thought, and no one interrupted at this time.
Li Dong simply mentioned it. After all, he was in someone else's territory, so he didn't continue the topic.
With that, Li Dong's tone changed. With a passionate look on his face, he said, "Today is my second day in America. This is also my first time here! Ladies and gentlemen, do you know what my first impression of America was? The moment I stepped out of the airport, my first feeling was that this was the United States. This was the United States that was known as the world's financial center. It seemed like it was nothing more than this! "
…
Below the stage, the faces of Wang Xin and the others changed slightly.
Although the Americans dared to say anything to criticize the United States, the American government didn't care much about this aspect.
As a foreigner, all countries had their own self-esteem.
They could say and criticize, but as a person of Hua Xia, wasn't Li Dong looking for trouble by saying this at this time?
Although the vampires of Wall Street only talked about interests, they would not be happy when foreigners belittled them.
In the crowd, there were already some people showing dissatisfaction.
However, the investors were patient. They waited for Li Dong to turn around. They didn't believe that Li Dong's purpose was to belittle the United States.
Li Dong wasn't so stupid to provoke these investors at this time.
Sure enough, then Li Dong changed the topic and said with a smile, "Why do I have such a feeling? Because when I arrived in the United States, I found that there seems to be a big gap from the economic power I imagined.
In the United States, whether it is people or buildings, in my opinion, it seems that they are not better than Hua Xia.
If you don't mind, New York may not be as prosperous as some of the metropolises in Hua Xia.
With these curiosity and even doubts, I consulted my old friends, some investors who also frequented Wall Street.
In the end, I learned a term from them, American Dream!
In fact, a long time ago, I heard such a term, American Dream, Hua Xia Dream, and all kinds of dreams.
In the past, I didn't care too much about it, or rather, I never seriously understood it.
But when I arrived in the United States, I realized that the American Dream has long been deeply rooted in people's hearts. For more than two hundred years, generations of young people, with dreams, left their homes, in order to realize their American Dream!
And what is the core of the American Dream?
The pursuit of spiritual!
Yes, when I arrived here, I realized that the pursuit of spiritual and satisfaction is the core, and material satisfaction is secondary.
Please forgive me for my ignorance. I said that a world-class metropolis like New York is not as prosperous as Shanghai. It turns out that everyone is pursuing spiritual satisfaction now.
When I understood this, I suddenly realized something.
Weibo seems to be born to realize all kinds of dreams!
This is not the first time the concept of social networking appeared. But compared to the previous social networks, Weibo is the one that truly connected the world, opened everyone's eyes, and let all the young people with dreams see a wider world!
The American Dream, you have been pursuing for more than two hundred years.
But now, I want to say that the term "American" can be changed.
Why should the young people nowadays be limited to one country or one city?
In 2008, Hua Xia hosted the Olympic Games, and everyone should know about it. In 2008, our theme song was "Living in the Global Village"!
Even Earth has become a village, then shouldn't we set our sights higher?
We should pursue the American Dream, and we should also pursue the Hua Xia Dream. But in the end, our goal should be the Global Dream!
As for the Global Dream, under the current environment and conditions, it is very difficult for us to achieve and pursue it. There are too many disturbances in the real world, and this requires time.
In terms of material matters, it is difficult to satisfy all these temporarily.
But in the virtual world, this step can be realized in advance!
Weibo, now in Asia, Europe, America, and even in Africa … it will have an incomparably large number of users.
Connecting the world, turning the world into a real village with zero distance, it cannot be done in reality, but Weibo can!
If the birth of Weibo can be said to be simple communication and sharing, then at this moment, Weibo bears an incomparably heavy responsibility, the responsibility of realizing the Global Dream!
When we had a delicious meal in Hua Xia, I shared it on Weibo to the Weibo users all over the world, and they actually enjoyed a spiritual feast in disguise!
Reduce the distance, dilute the racial and national boundaries, and don't discuss about the so-called politics. Our goal is to enjoy the spiritual, to satisfy the spiritual, and nothing else. "
"…"
Li Dong said that the Virtual World Dream needs to be realized through Weibo, and no one agreed or disagreed with this.
But after that, Li Dong gave a long speech, and suddenly said, "Ladies and gentlemen, you are all elites from all walks of life.
I think everyone should have heard of a term, Virtual Reality!
Virtual Reality!
When we achieve zero distance in our social circle on Weibo, we synchronize the world, and achieve the first step of the Virtual World Dream.
The next step is to pursue the dream in reality.
However, in the middle, we can actually have a transitional stage, VR connecting the virtual world and reality!
When Americans do not leave home, through VR technology, they can enjoy the food in Hua Xia in real life, as if they are in reality, enjoying the beautiful scenery of Hua Xia.
Go to Mount Hua Xia to watch the sunrise in the morning, and go to the seaside to watch the sunset at night. In a day, you can travel all over the world, this experience, this enjoyment, have you ever imagined?
No!
I think everyone here has probably never imagined it, and you all think that it is impossible!
Nowadays, even the fastest private jet couldn't do that.
But Weibo can!
When Weibo is connected to VR, we can enter the real world from the virtual network, and truly achieve world assimilation!
And VR technology, as early as 1963, was proposed.
In 1980, the American game company ATARI established a virtual reality laboratory, and in 1987, the world's first VR helmet appeared.
Now, Nintendo, Sony, and other game companies have started to produce VR game consoles.
In 2001, SAS released the Cube-Room, officially upgrading the VR equipment to the stage of mass production.
Now, in 2009, VR technology is advancing by leaps and bounds. Do you all think it is impossible to realize the world dream through Weibo?
This time, Weibo has raised more than 3 billion USD. How are we going to spend this money? Do you all think the money is for entertainment?
If you all think this way, then you are underestimating me, Li Dong!
Long before the IPO, Weibo had already reached a preliminary agreement with some laboratories in the United States and Europe. Next, we will jointly form a new laboratory and make great strides in the VR social network.
Bringing virtual reality into the social network, and letting the world crawl under our feet. This is the premise for Weibo to realize the world dream!
What do you look for when investing in a company? The future, the prospects!
If you all say that Weibo is not making a lot of profits now and is following the old path, and is not worth investing in, then that means you all do not understand Weibo and me, Li Dong.
Among billions of people in the world, I, Li Dong, dare not say I am the best, but I am definitely one of the best!
What I see, you all might not be able to see. What I think, you all might not be able to think.
But in the end, the truth will prove that I, Li Dong, am right!
Today, you all might miss Weibo, but tomorrow, I believe you all will cry!
Also, regardless of now or in the future, Weibo will bring unimaginable benefits to everyone. When Facebook and the rest are still worrying about the PC market, Weibo had entered the mobile market!
Many people say that Weibo is created to imitate its competitors.
I have never denied this, and there is no need to deny it.
But Weibo had walked its own path and is ahead of everyone else. This is Weibo's success!
This is how society is. Cruel and realistic.
If you do it, I can also do it. As long as I don't infringe your rights and pay you the patent fees, I will be faster than you. This is ability!
Don't try to use these to belittle Weibo. It is meaningless.
When we achieve virtual reality, some social media sites might still be struggling with PCs. This gap is not something we can catch up with in eight to ten years.
The future is destined to belong to Weibo!
Of course, all the glory will belong to Far away … "
"… …"
As Li Dong mentioned the terms, the audience was in an uproar.
World Dream, Virtual Reality …
These terms were not created by Li Dong. They had been around for a long time.
But this is the first time a company managed to connect these terms, and the company had already started to make plans for it.
If some people thought that Weibo and Facebook were similar in the past, now, everyone realized that they are different!
As for whether Far away can be realized or not, is it important?
Not at all!
For the investors, they don't need to make it happen. As long as you can make everyone think that it is possible, that's enough.
Especially for the internet companies, that's not important.
Li Dong said that this plan will be realized in ten years. The investors can't wait that long, but the society can.
In the meantime, as long as there are no changes that make people think that this plan is impossible, then this plan will continue to be implemented in the company.
… …
When Li Dong finished his speech, the audience applauded loudly!
The investors were excited because Li Dong had drawn a pie for them to look forward to. No, it's a pie for the outside world!
It doesn't matter if they believe it or not. They have to make the outside world believe it. Then, everything will be perfect.
Will they believe it?
Yes!
At least, the people in the audience felt that it is possible, not to mention those who are inexperienced.
Next, the investors asked a lot of questions, mainly about VR social media.
Including the collaborating laboratories, VR companies, the people involved, the preparation of funds …
They need to make everything perfect and come up with a document that will make everyone believe that this plan will succeed.
In the crowd, some of the institutions that invested in Weibo were also excited.
They didn't know about this plan and didn't expect Weibo to start already.
Looking at the other investors' attitude, almost everyone is sure that Weibo will explode!
… …
Li Dong answered some questions from the media and investors. It wasn't until 1 pm that Li Dong was able to leave.
When Li Dong returned to his room, he couldn't help but shake his head. 'Foreigners are indeed easier to fool than our own people.'
In China, most investors don't understand these terms and don't know what it means.
The people on Wall Street, on the other hand, were more knowledgeable, so they were thinking more.
Is VR social media so easy to realize?
In Feng Yu's previous life, Facebook spent 2 billion USD to acquire VR company Oculus in 2014. They wanted to turn their social media into virtual reality. In the end, after a few years and countless investments, there were no results.
However, Li Dong understood what these investors were thinking. It doesn't matter how many years it takes to realize it. As long as they hold the shares, it's enough that outsiders believe it can be realized.
Li Dong isn't afraid of others imitating him. If they have the ability, they can just spend money on it.
It doesn't matter if others spend a lot of money on it first. Far away will follow up.
As the initiator, even if someone surpasses Li Dong, the latecomers won't forget that this concept was proposed by Li Dong, and he was the first to implement the plan.
If Li Dong wasn't the first to implement it, it can only be said that he was unlucky.
On the contrary, with the realization of the technology, outsiders would increasingly believe in Li Dong's foresight. He was truly ruthless!
When that time came, everyone would only believe in Li Dong and the distance even more.
… …
It was not an exaggeration to say that the Weibo debut on August 2nd had shaken Wall Street and the United States.
Social media, virtual reality, World Dream, these terms appeared on the media on that day.
The name "Titan Lee" was also discussed by countless people.
When the news spread back to China, it caused countless media to report on it.
It's not enough for Li Dapao to cause a sensation in China. Now that he is overseas, he can even fool the foreigners.
VR, World Dream, the people in China don't care much about it. They only know that Brother Cannon randomly threw out a few terms, and Weibo was in a frenzy.
On August 2nd, Weibo confirmed the 6 billion USD letter of intent.
This means that on that day, Weibo sold all the shares with double the subscription amount!
On August 3rd, Weibo updated the prospectus, changing the price range from 36 to 40 USD to 38 to 42 USD.
The price range increased by 2 USD.
It doesn't sound like a lot, but for Weibo, which has a total of 400 million shares, increasing the price range by 2 USD means increasing the market value by 800 million USD.
And all of this was built on Li Dong's short ten-minute speech.
In just ten minutes, Li Dong's few words created more than 5 billion RMB worth of value. This is the charm of the "Oriental Giant"!
At this moment, almost everyone understood that Weibo's IPO was a success!
Even though there were still more than ten stops to go, the double subscription amount was enough to prove everything.
Tencent explosion, Weibo explosion, both were built on the foundation of Li Dong's speech.
At this moment, even if many people felt that Li Dong is still bluffing, other than saying that "bluffing is also a kind of ability", there is really nothing else to say.
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