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王安公司作为华人创办的企业曾经在美国风云一时,被视为当时最成功的公司之一,但是很少有人知道在他成功的背后,风险投资所起的巨大的推动作用。1951年6月22日,王安实验室正式开业,其货币资本只有600美元,是王安的个人积蓄。1955年6月30日,王安实验室转为有限公司,当时公司资产为2.5万美元,最早发行的股票分为三种:1.5万股优先股,1.5万美元的无担保品债券,100股普通股,但全部归王安个人所有。 1958年,王安公司流动资金紧张,他接受一位投资银行家的建议,与一家规模较大的公司——沃纳——斯沃西公司法(Waner&Swasey Company)建立股权投资与债务关系,沃纳——斯沃西提供15万美元,其中5万美元为股权投资,每股作价0.15美元,获王安公司25％的股份,10万元为有息贷款。王安公司1966年销售额为380万美元,1967年增至690万美元,作为一家已有16年历史,稳定赢利,年收入增长迅速的高技术公司,王安公司的资本净额约为100万美元,但负债额也高达100多万美元,他决定公开招股,但要保持对公司的控制权。1967年,王安公司以每股12.50美元的价格公开发售20万股,集资250万美元,但王安家庭仍保持65％以上的股权。1967年8月23日,王安公司的股票在纽约证券交易所正式挂牌上市,开盘价为38美元,到年底时,股票价格上涨至120美元。
An Anglo-Chinese company founded as a Chinese once in the United States was considered one of the most successful companies of that time, but few knew of the huge boost to venture capitalism behind his success. June 22, 1951, Wang An Laboratory was officially opened, the monetary capital of only 600 US dollars, is Wang An’s personal savings. June 30, 1955, Wang An Lab converted to a limited company, the company assets of 25,000 US dollars at that time, the earliest issue of shares is divided into three types: 15,000 preferred shares, 15,000 US dollars of uncovered bonds, 100 shares Ordinary shares, but all owned by Wang An. In 1958, Wang had tight liquidity. He accepted the advice of an investment banker to establish equity investment and debt relations with a larger company, the Waner & Swasey Company, Na - Siwosi provide 150,000 US dollars, of which 50,000 US dollars for equity investment, price per share of 0.15 US dollars, by Wang An 25% stake in the company, 100,000 yuan interest-bearing loans. With sales of $ 3.8 million in 1966 and $ 6.9 million in 1967, Wang An, a 16-year-old, steady-profit, rapidly growing high-tech company with a net capital of about 100 Thousands of dollars, but the amount of debt up to more than 100 million, he decided to open the IPO, but to maintain control of the company. In 1967, Wang An Company sold 200,000 shares at a price of 12.50 U.S. dollars per share and raised 2.5 million U.S. dollars. However, Wang An family still owns more than 65% of the shares. On August 23, 1967, Wang’s shares were officially listed on the New York Stock Exchange with an opening price of $ 38. By the end of the year, stock prices rose to $ 120.