NOVPUB
Chapter 1195: Chapter 1053 ERV’s Big Move (Please Subscribe!)
Just as Steve Jobs had thought.
The mobile phone market was about to witness two potentially market-disrupting products.
The major players could no longer sit still.
Regarding Steve Jobs’s iPhone,
they could predict its level of threat.
But they found Qingyuan Technology’s completely unknown product to be the most troublesome.
It could even pose a greater threat than Apple’s, considering Apple’s high pricing, with the lowest configuration at four hundred ninety-nine dollars and the high-end at five hundred ninety-nine dollars, excluding those irrational diamond-encrusted, gold-plated phones for the local tyrant market.
This was practically the pinnacle of mobile phone pricing.
One could say,
the iPhone was positioned for the high-end market.
However, with the miracle of "Civilization,"
they didn’t dare to dismiss Tang Qing’s mobile phone; he had already debunked the rumors, confirming only the screen details, leading to another question: If the screen size was correct, where were the buttons?
Beyond a certain size, it simply became too cumbersome for comfortable use in the average person’s hand.
If it wasn’t elongated,
could it possibly be a slider phone?
This was urgently what they wanted to clarify.
...
Within a week of the iPhone press conference,
Apple’s stock price had risen by eight percent.
Everyone at the company was overjoyed.
Steve Jobs knew that once the iPhone officially went on sale,
Apple’s stock price would see another surge. However, the current iPhone models still fell short of his grand vision—in his dreams, mobile phones would not be inferior to computers in terms of processing power.
Currently constrained by hardware,
Steve Jobs also had a headache.
He felt like he was in the same boat as historical figures such as Da Vinci and Tesla, whose talent was limited by the technology level of their times, shackling the speed with which their dreams could be realized.
He had been diagnosed with cancer.
He was aware of it.
Steve Jobs desperately hoped to see Apple Inc. become a mainstream force in the world, a great benchmark, and a product coveted by all, all in his lifetime.
"How’s the research and development for ERV’s ’Sirius’ system going?"
"Unclear for now."
"Forget it, let them be. We never considered using someone else’s mobile operating system; our system will definitely be the best," Steve Jobs said with unwavering confidence.
Yet,
compared to before,
after witnessing ERV’s technological prowess, a sliver of doubt had crept into his mind.
...
January 14th.
New York.
ERV Headquarters.
A full Board of Directors meeting was convened.
Major shareholder representatives were invited, all anticipating the ’major decision’ the Fighter was about to announce, a moment they had long been waiting for.
The Fighter declared, "The purpose of convening today’s Board meeting is one-fold: I have decided to officially initiate ERV’s initial public offering to raise capital for industry expansion and enhance ERV’s brand recognition."
"We will expedite the preparation work and submit the prospectus to the SEC by the end of the month. As for the scale of financing, I plan to offer twenty percent of ERV’s shares to raise over fifteen billion dollars."
"Wow wow wow..."
Applause filled the room.
They had invested in ERV,
not only for strategic cooperation but also for the anticipation of its public offering. Once ERV went public, the shares they held would increase in value, indirectly boosting their own companies’ stock prices.
This was beneficial for everyone involved.
As the year-end approached,
the executives awaited the rise in stock price, hoping for significant annual bonuses.
Such a scale of financing
came as no surprise to anyone.
ERV had been valued at fifty billion dollars during previous investments. Twenty percent of the shares starting at fifteen billion dollars was just a small profit, really not much.
And once they learned of ERV’s other projects,
they felt even fifteen billion dollars was too low; still, the thought of ERV earning so much money made them envious because ERV wouldn’t share that money with them.
All of it would be invested back into the company’s development.
Some of it might even conflict with various industries of their companies.
Therefore,
this IPO
was a mix of pain and pleasure for all the big companies.
"Of course, this is just a preliminary estimate. Once the accounting firms have fully assessed the company’s property, I believe the figures will satisfy everyone."
After a pause,
the Fighter continued,
"To enhance our influence before going public, over the next two months, ERV will be making some significant moves."
"First, I promised to release another game at the beginning of this year. I’ve decided to launch it at the end of this month. You’ll soon have the details."
"Second, ERV and Google’s mobile operating system ’Sirius’ is now preliminarily complete. Our goal is to make ’Sirius’ the best operating system in the world."
"Third, we’re officially establishing ERV Entertainment. Leveraging games and virtual characters, we can create a new model of both online and offline entertainment, which I call ’Virtual Entertainment Industry.’"
"Fourth,..."
The Fighter continued to list each initiative.
The representatives listened intently, their amazement apparent.
These steps were greatly beneficial for fundraising. Otherwise, going public without such measures might lead to skepticism from the public and major financial institutions. It was an indirect form of a Road Show.
This upcoming IPO
could potentially set a historic record.
...
After the meeting,
ERV announced the news.
The media went into a frenzy.
Who was ERV?
A behemoth valued at over fifty billion dollars by major corporations even before it went public. Considering the stock market’s amplification effect, one didn’t need to speculate much to foresee another company with a valuation in the hundreds of billions of dollars.
Hundreds of billions of dollars.
What a colossal number!
And when considering the number of shares held by ERV’s Fighter, journalists were thrilled. Should the market value indeed surpass one hundred billion dollars, it meant that Bill Gates might be unseated.
The world’s richest individual.
---Time for a change.
Subsequently, 𝘯𝑜𝘷𝘱𝘶𝘣.𝘤𝘰𝑚
media journalists spared no effort in lavishing praise on ERV with the most glowing language.
"America once again proves itself as a place of marvels. Should ERV achieve this historically largest IPO, we will witness the emergence of a new world’s wealthiest person."
"If ERV doesn’t succeed, it will be a failure of American freedom."
"Another hundred-billion-dollar company is about to emerge."
"ERV company leak: Smartphones are the future and the direction; planning to invite all the major global communication giants to join their ’Sirius’ mobile operating system alliance."
"ERV’s new game is expected to go live at the end of the month."
"..."
One news piece after the other,
exploding across the global internet scene, making it well-known everywhere.
And ERV’s subsequent moves, one connected to the next, dazzled everyone. It was clear that this was ERV’s publicity campaign in preparation for going public. As for the exact date of the listing, it had not yet been set.
But following the American IPO process,
especially for a company like ERV,
it would have to wait at least until April because speeding things up meant the impact of their new decisions wouldn’t have fully fermented, and that would be a significant loss for ERV, affecting the efficacy of their public offering.
