Chapter 63 Part Seven: Koo: The Logic of Number One

On December 8, 2010, Youku was listed on the New York Stock Exchange.Its founder and CEO, John Koo, rang the listing bell for the day. "Starting at 9:29:30, everyone applauded. At 29:50, I pressed the opening bell button and didn't let go for a full 10 seconds." Gu Yongqiang said.An accompanying Youku executive has been staring at the soaring stock price, and some people are betting on the opening price, but no one thought it would exceed $30.It wasn't until 33 minutes later that someone sold the first order for US$27.8. "It turns out that we are so valuable. It's incredible. The era of Youku has come." Another executive joked, "I suddenly felt that other than the moon , I can go.”