Chapter 1744 pouring cold water
Today's Google trend is indeed too hard, which makes Li Mu feel a little weak.
Especially the media's ambiguous attitude makes people feel that it is not optimistic.
When Google's stock price soared, the media continued to exaggerate Google's invincibility, and even some so-called experts jumped out, saying that Google's market value should be at least around 200 billion US dollars, and its pricing during IPO was significantly underestimated.
This made Li Mu feel that the off-site market was obviously using media opinions to lure too much, and capital must have regarded Google as an excellent opportunity to make money.
That's why Li Mu reminded Larry Page not to be addicted to today's surge, and to remind investors to be careful of risks, otherwise once the stock price collapses, Google's reputation will inevitably be greatly affected.
However, although Larry Page understood this truth, it was still a bit vain for him to openly stand on the opposite side of capital.
Li Mu looked at Larry Page and shook his head helplessly.
This guy still doesn't dare to offend Wall Street's capital.
However, this is also a correct general way of dealing with it. After all, it is rare for CEOs who dare to face the public and say that their company is not worthy of such a high market value.
Theoretically, every newly listed stock is a good battlefield for capital to make money.
He tried his best to praise stories, hype the concepts, and fooled retail investors into rushing in. In the end, retail investors were trapped and capital was profitable.
On the first trading day of Qutoutiao's listing, its stock price soared by 190%, and on the second trading day it plummeted by 41%, almost halfway, and fell below the issue price on the sixth trading day. Qutoutiao's market value was only a few billion US dollars less, and countless investors collapsed.
If Google's stock price collapses, its size will be much larger than that of companies like Qutoutiao, and its impact will be much greater.
At this time, companies either do nothing, or cooperate with capital to make a crazy speculation and destroy capital's job, which does have some impact on their future.
However, Li Mu didn't care whether he offended Capital. After all, for him, capital is the licking dog behind him. Even if he slapped the largest investor on Wall Street today and announced the financing of Muye Technology tomorrow, the investor would still beg himself to take his money with a calm face.
After all, no one will be unable to get along with money. Ordinary people have some backbone, and capital is the one with no backbone at all, and only interests are visible.
Now that Google's stock price has skyrocketed, it has become a monster stock. Neither himself nor Google will get any benefits. When the stock price collapses, it will be cursed by the trapped investors. Instead of doing this, it is better to make the words clear.
So Li Mu said to Larry Page: "If the reporter asks you a question later, just pretend to be timid and throw it to me."
Larry Page breathed a sigh of relief and bowed to Li Mu: "Mr. Li, thank you so much!"
Li Mu looked at his gesture in surprise and asked, "Who did you learn this gesture for?"
"Chinese Kung Fu Movie." Larry Page said with a smile: "In Chinese Kung Fu Movie, when the younger generation meets martial arts masters, they will salute like this!"
Li Mu looked at Larry Page in a daze and said in Chinese: "You should be a hero of a generation. Promise me, don't be a licking dog, okay?"
"What?" Although Larry Page made up for English for a while, the hero and the licking dog still couldn't understand it.
In fact, even the Chinese today cannot understand the meaning of the word "limbing dog".
I just want to hang silk, but now I tell the Chinese people that everyone will not understand.
Li Mu was too lazy to explain to him, so he patted his shoulder and said in English: "Continue to keep it."
Sure enough, after the closing of the stock market, countless reporters hope to interview Larry Page and Li Mu at this time.
The two have been staying at Nasdaq and have experienced the entire process of Google's stock price rushing like a Rocket. It is reasonable to accept media interviews at this time.
The reporters have always maintained a high level of excitement, and the audience and investors are also very excited.
For the entire Nasdaq, this is an unprecedented IPO carnival in recent years.
Facing reporters, Larry Page was the first to be asked: "Mr. Page, Google's stock price soared 210% in a day. What do you think about this?"
Larry Page chuckled a few times and said, "I still didn't react a little. This is really amazing. You should interview Mr. Li first!"
So the reporters pointed the microphone and camera at Li Mu one after another.
Li Mu smiled slightly and said seriously: "To be honest, I am very happy that the market can recognize Google so much."
As he said that, Li Mu changed his mind and said, "However, I personally want to remind investors that Google at this stage is not worth such a high market value, and its stock price should not be so high at this stage, so I call on the market to treat it rationally..."
As soon as these words came out, the reporters were stunned.
What's going on?
Li Mu just said polite words like "I believe Google's future prospects will be better and its future will be brilliant", and Google's stock price will definitely rise tomorrow.
As a result, Li Mu suddenly said that Google's stock price should not be so high. This... isn't this pouring cold water on himself?
A Wall Street Journal reporter couldn't help asking: "Mr. Li, before the opening, you said that Google is a magical door in the online world. Why do you think Google is not worth such a high market value at this time?"
Li Muxin said, when I praised Google, I felt that the first day of listing was a great rise of 100%, but I didn’t expect it to rise 200% like crazy. If I don’t stop you a little, I might rise to 300% tomorrow. If this continues, if the capital is hot, the price of Google will rise at a high rate, and it will almost fall or worse in the future. Therefore, after achieving a good start to listing, appropriate warnings are necessary.
Immediately, Li Mu said meaningfully: "The valuation of any gate must also comply with the market laws. Google is the valuation of the online world, and Makino Technology is the magic ball in the online world. But this does not mean that the market value of the magic ball can exceed the market laws. Therefore, investors should be more alert and calm. When the market value is too high, it is best not to blindly chase the rise."
After saying that, Li Mu said again: "Of course, this is just my personal suggestion, and the specific operation depends on the comprehensive judgment of investors."
Li Mu's answer made many media outlets particularly depressed.
This is because many of the media interviewed him are Wall Street's financial media, and Wall Street's financial media itself is the capital of Wall Street.
Not to mention the media on Wall Street, most American media are also operated by capital. These American media are often influenced by the capital behind them, and deliberately insulate private goods in daily reports.
Being optimistic about private goods like a certain stock or a certain company is simply a pediatrician, and deliberately making hints at a larger level is what they are best at.
For example, if they need to make the Western people hostile to the East, they will make false and distorted reports on the Eastern world; if they need to launch a war against the Middle East, they will also exaggerate the hatred of Westerners towards Middle East extremists in advance.
Anything is two-sided or multi-sided, but the American media reports on the incident entirely depends on which side of the interests of the capital behind it.
Google, with the endorsement of Li Mu and the blessing of Muye Technology, has become a rare monster stock in several years. Capital is preparing to make a big profit by taking advantage of this opening, but Li Mu suddenly made such a statement, which completely cut off their financial path.
At this time, there were media reporters who hoped that Li Mu could make up for it, so they deliberately asked Li Mu: "Mr. Li, in your eyes, is Google's market value less than 100 billion US dollars?"
Li Mu smiled and said, "No one can say good about the future, but it seems that it is not enough to achieve it in my opinion."
Many investors play in medium and short-term ways. Not many people can insist on holding a company's stock for several years or even more than ten years. Google's market value will definitely exceed 300 billion US dollars or even higher in the future, but no one can say exactly when it is.
Unlike investment institutions, retail investors are unlike investment institutions. It is difficult to endure the sum of money. If an ordinary investor buys Google stocks at $300 and then the stock price falls, it may only take a year or two to truly rise back to this price. How many retail investors can persist in one or two years without cutting their losses?
But institutions are different. They often have an investment cycle of several years, and sometimes even longer.
They take the money from funds and investors and directly make long-term plans for three to five years or even longer. In these three or five years, temporary ups and downs are nothing. They dare to keep taking them until three to five years before liquidation. How can ordinary people have the courage?
In addition, ordinary people’s asset allocation is not balanced enough, and once something happens in life, they can’t do anything to hold it for a long time.
Therefore, Li Mu cannot say in front of the media that Google's market value will reach hundreds of billions of dollars in the future. For capital, this is to help them lure them into more.
Li Mu did not accept interviews from reporters afterwards. After Larry Page received a brief interview, the two left the Nasdaq Exchange together.
On the way back to the hotel, Larry Page and Li Mu were sitting in the same car. The first thing he did when he got in the car was to unbutton his tie and two buttons on his shirt, slumped on the sofa in the extended sedan, and sighed: "It's so crazy today!"
Li Mu nodded: "When the stock price stabilizes, the theoretically fastest speed will not be able to climb to today's height step by step at the end of the year or next year."
Larry Page said: "When this wave of popularity passes, if you want to raise the stock price next, it depends on the business development and the company's financial report disclosed."
Li Mu said: "You don't need to pay too much attention to the performance of the stock market. Google Advertising has strong revenue capabilities. There is no need to make plans for financing in the future. There is no need to sell large shares. Make up your mind to do technology research and development and market expansion. After a few years, the user base of the entire Internet will become larger and larger, and Google's market value will also become higher and higher. After two years, you can reduce your holdings as a major shareholder, and the company's market value is estimated to exceed 200 billion US dollars. By that time, you can reduce your holdings by 1% at will, which is also a revenue of 2 billion US dollars. At that time, the money will really fall into your pocket. Of course, you have to pay taxes to the government first."
Larry Page smiled and said, "These are things that will happen in the future. As you said, I will focus on the business next, and I will plan carefully how to use the funds raised by this IPO."
Chapter completed!