Rebirth of England

Chapter 993 DailyVedio goes public

On March 3, DailyVedio, the largest streaming platform in the UK and even Europe, officially landed on the Nasdaq and went public.

This time, DailyVedio will publicly offer 1 million American Depositary Shares (ADS) on the Nasdaq, accounting for about 9.1% of DailyVedio's total share capital. A week later, DailyVedio will continue to be listed on the London Stock Exchange and also issue 1 million new shares.

Currently, DailyVedio has more than 5 million users worldwide, of which more than 75% are in the European, Australian and Indian markets. It also has many content partners including SEM Group, Sky Group, Sinclair Group, etc. Its service content is roughly equivalent to a combination of Netflix + YouTube.

DailyVedio's stock was priced at $17 per share before its IPO, giving it a current market value of $187 billion (£113 billion).

However, on the first day of listing, its closing price was as high as US$27.52, up 61.88% from the issue price, which can be said to be an extremely good performance.

Based on the current closing price, DailyVedio's market value is close to $303 billion.

Based on DailyVedio's performance on its first day of listing, its underwriters on the Nasdaq, Standard Chartered Merrill Lynch, Goldman Sachs and Morgan Stanley, announced that they would exercise the "green shoe option" (over-allotment right), which means that they will buy more shares from DailyVedio to make up for the shares they sold in order to meet the strong demand from investors.

“DailyVedio is currently experiencing strong growth in the European market and emerging markets including Australia and India. The funds raised from our IPO will be used to improve services and invest in more self-made content. We currently have potential cooperation plans with a number of content producers including SEM Group and Marvel-MGM Group. We believe that we can bring users better content and more complete services…”

This is what DailyVedio CEO Zeni Field said in an interview with the media.

When asked by reporters whether DailyVedio has plans to enter the American streaming market, Zeni said:

"In fact, we already have users in North America, but as you know, the competition here is more intense. Streaming platforms such as Netflix and YouTube are all strong competitors. However, we do have plans to expand into the North American market, which is why we chose Nasdaq as our first listing site. We believe that our high-quality content is also of interest to North American users. Before this, the proportion of North American users was not high, and it was just that our popularity had not reached here... The Internet market is open to the world. In such an era, you inevitably need to serve more people. This is our vision and our mission."

Of course, Zeni Field is not just talking. O2 USA, the North American branch of O2 Telecom, one of its major shareholders, has reached an agreement with Motorola Mobility to promote their new generation of set-top box services in North America, in which DailyVedio's Daily TV will also be built into its set-top boxes.

DailyVedio will also launch large-scale promotional activities in North America afterwards.

……

While DailyVedio's listing has received great recognition from the market, in England, Baron's financial team will once again "adjust" his industry.

In particular, the Devonshire Family Fund and the Cavendish Trust, as well as some other major funds, will directly hold shares in some industries through more offshore companies to hide these major funds and trusts behind them.

There is no way around it. After all, as Barron's wealth increases, these jobs are necessary.

For example, among the companies currently listed in the UK, most of the top ten companies by market value are majority-owned by funds controlled by Baron. If the ranking is expanded to the top 50, then more than one-third of the companies have at least 15% of the shares controlled by him...

Before this, some people had noticed this, but the relevant news reports had already been "publicized" by him before they were published.

Such a fact is probably difficult for ordinary people to accept. In order for everyone to feel "at ease", Barron had to "isolate" the capital he directly controlled from some companies for the third and most intensive time.

Of course, in addition to Britain, his layout in the United States and European countries such as France, Germany, and Italy will also be "treated" in this way. After all, although not as exaggerated as Britain, those parts are still the "giant" capital of those countries.

If I were to say, the most terrifying one is Chloe...

Of course, the West African Group controls almost all of Kolo’s key livelihood and lifeline enterprises, but Kolo’s situation is slightly different. You can compare it to Lijiaopo.

Kolo is a small country in West Africa. Its total population is less than 800 million, only slightly more than that of Lijiaopo (as of 2013, the population of Lijiaopo was about 540 million).

Just as Lee’s Temasek Holdings controls most industries, you can also think of Kolo as a large company.

Yes, on paper Kolo is a country, but in essence it is similar to a company controlled by a West African group.

The quadrennial general election is the process of selecting the CEO of this company. The elected president (CEO) will run the company during these four years. If he performs his duties competently, he will be able to obtain corresponding equity incentives after the CEO "retires" (just like Jammeh Bongo obtained part of the shares of the West African Group after his presidency).

The key to the continuation of this model lies in the fact that Barron, as the actual controller of the company, can provide good welfare benefits to the company's employees (Colo citizens) and use interests (equity incentives) to control and encourage managers (the president) to operate diligently.

Since it is a company, it is natural for them to entrust their security to the hired security company (Kolo Corps).

……

In April, with the arrival of spring, the temperature in London warmed up and Barron's family moved back from Chatsworth House to their mansion in Kensington.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

Of course, not everyone can adapt to life at Chatsworth House. Maybe it feels a little new at the beginning, but after all, it is different from the pleasant climate of Lanai. People like Tamaran Skirlstone often return to London to go shopping with their sisters.

Now that they are back in London, they have started to organize gatherings.

Barron left them alone as to all this, and he himself was preparing to go to America soon.

This will also be Barron's first trip to America after the previous assassination attempt, so people will naturally be very cautious about his safety.

Now the security team around Barron has been replaced by "guards" trained by orphans adopted by the Devonshire Charity Foundation, and they are more trustworthy.

Although he believed that after that incident, some people would no longer have the luck to use means outside the rules, necessary precautions were still needed.