I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

12 month 13 day.

On a direct flight from Shanghai to New York.

"Give us two blankets, please."

At the request of the senior sister, the flight attendant in front responded and left.

Jiang Hao couldn't help but continue looking around at this moment.

He had taken airplanes in his previous life, of course, all for business trips for the company.

After all, air tickets are even cheaper than high-speed rail tickets at some times, which is why his company in his previous life was willing to reimburse the air tickets.

Of course, I have worked in several other units in my previous life. Even if the price of high-speed rail is higher, they only allow employees to take high-speed rail tickets and reimburse the high-speed rail tickets.

This flight to New York was a novel experience in Jiang Hao's life.

There is a spacious single seat, a small TV at an angle, and a bunch of knobs on the right hand side, which should be used to adjust the seat and lights.

You can order food at any time, and the flight attendants are very beautiful.

As expected, the business class experience on China Eastern Airlines’ international flights is still very good.

Of course, with a ticket price of 4 yuan per ticket, it is indeed worth the money.

This is the main departure of the Totoro Technology team. Chen Peng, Zhan Liang and Zhang Jing are also resting in the business class.

Their airfare was eventually reimbursed by Totoro Technology, and they really didn't feel bad at all about spending money from the company's account.

The flight took nearly 12 hours, departing that evening and arriving the next afternoon.

After arrival, there are more complicated immigration procedures.

Fortunately, it is the off-season now and not any special holidays, so the speed is still fast.

Jiang Hao finally relaxed only after everything was settled and he got on the convoy that Hu Sen and Lu Miaofang came to pick him up personally.

To be honest, the convoy sent by Brother Hu to pick us up was really high-profile.

Rolls-Royce and Maybach were driving along the streets of New York, and it goes without saying that they attracted a lot of attention.

Jiang Hao has never been so high-profile in China, but he didn’t expect that the first time he showed off his wealth would be in the United States.

"Director Jiang, here is one thousand US dollars. You and Junior Sister Yu can share it."

"Brother Hu, why is all this money scattered?"

I took the large roll of banknotes and said what I meant, even though the current timeline is only the end of 14.

But in the country, Jiang Hao hasn't used paper money for two years.

Since his rebirth, he has gotten used to using Alipay when working in the library.

When I suddenly got the US dollars, especially such a large stack of small-denomination bills, I was a little dazed for a moment.

"Haha, Mr. Jiang, this is the money you prepared for the tip."

"It's different here than in our country. You have to tip for any service."

"Just give it to them based on their service attitude when the time comes."

"Besides, the $100 bill is not commonly used in the United States. The denomination is too large and it is not used for daily consumption."

After Brother Hu's explanation, Jiang Hao finally understood.

No wonder they are all one dollar, five dollar, and ten dollar bills.

It turned out that they were asked to pay the tip. It seems that the tipping culture is indeed quite popular in the United States.

As soon as they got off the Hilton Hotel, waiters helped them carry their luggage to the room.

This was also the first time Jiang Hao tried to tip the other party.

Simply put down your luggage and pack it up.

Several executives also entered his suite and began to discuss some final work before the listing.

"Mr. Jiang, several major investment banks have already started their roadshow."

"The results of the roadshow were better than expected, and Wall Street institutions showed great interest in our Totoro Technology."

"The pricing temporarily approved by several major institutions is $19 per share, and the total number of shares raised through the IPO is about million."

"It accounts for 35% of our company's total share capital. The estimated IPO financing amount is US$28.5 billion. The estimated market value of Longmao Technology after listing is US$80 billion."

The good thing about the VIP suite is that the entire living room area is very large.

There are two off-white sofas opposite each other, which are spacious enough for several people to sit on and are perfect for meetings.

My senior sister also asked the hotel for meals and coffee, which were delivered just in time.

After all, Jiang Hao had been on a flight all night, so the actual sleeping time was limited to two or three hours.

I had originally planned to stay awake for some coffee after arriving at the place and then make some detailed arrangements for the next steps.

But after hearing the valuation of his company's IPO plan, he became completely excited.

"How much do you think? Can you raise $28 billion?"

"In the financial report submitted by our Totoro for listing, the annual revenue was only 1.55 million US dollars. If the estimated market value is really 80 billion, the PE ratio must be about 50 times, right?"

“Isn’t it too aggressive to use such a high multiple right after issuing the stock?”

Jiang Hao naturally knows everything about his own company.

According to the financial report, Totoro Technology's revenue last year was US$1.55 million, which is about RMB 10 billion.

But these are figures from a special financial report. The actual profit will naturally not be as high as it appears on paper, and many investment expenditure accounts are avoided.

This is also the reason why Jiang Hao only considered a market value of 30 to 40 billion US dollars at the beginning when the listing went smoothly.

The PE ratio is about twenty times, which is relatively conservative in the early stage.

Of course, the actual PE ratio of more than 20 times is not low, as Longmao Technology has only been developing for about a year since its C round of financing.

The valuation after the C round was US$20 billion, which was already a lot overestimated at the time.

Now, one year later, the price of 40 billion US dollars could not be contained and it was directly raised to 80 billion US dollars.

"Mr. Jiang, this is the current stock market situation. Although our PE is a bit higher than the average, it is not too exaggerated."

"There are many PE companies with a PE ratio of more than 100 times. You don't have to be too conservative."

Seeing Hu Sen mention the current market environment, Jiang Hao was more impressed that the timing of the listing was well chosen!

Going public at a time when the stock market is booming, this kind of bubble wealth has nothing bad to do for him.

It is true that the market value can be raised, but there is only one thing he needs to pay attention to.

In the future, when you sell your chinchillas, you must do so before the middle of next year.

Otherwise, if the entire market plummets, Totoro Technology will definitely not be spared.

Seeing that Jiang Hao was silent at the moment, Hu Sen continued to give him other evidence to support his opinions.

"Mr. Jiang, in fact, the valuation of Totoro Technology can be even higher."

"Some time ago, the overseas Rat TV live broadcast was acquired by Amazon, and the price they paid was nearly $150 billion."

"In terms of all these valuations, everyone has great confidence in our Totoro Technology."

It still needs to be set off by peers!

As the largest live broadcast company overseas, the value of Laoshutai’s acquisition is real.

Compared with Laoshutai, Longmao Technology is actually not inferior in terms of user numbers and stickiness, and many data are even higher than them.

The only thing is that Totoro Technology cannot adapt to global users and is a single-country platform.

This is also the reason why the market value cannot be completely compared with that of Rat TV, but everyone recognizes that it is only a market value of 80 billion.

"The launch date is December 12, right? That won't change, right?"

"Well, the time will not change. The application for listing has been fully approved."

"Recently, all the major investment banks are holding roadshows. If you are interested, you can visit the major institutions."

"There are also roadshows on the Internet. You can take a look if you are interested."