There are many benefits to companies going public.
The most obvious and important point is the ability to quickly obtain large amounts of funds from the stock market.
With the support of countless retail investors, companies basically don’t have to worry about funding issues during their development.
But there is also a problem, that is, any listed company theoretically has the risk of being taken away by others.
Li Jin has done this frequently by sniping at a company through the stock and financial markets and even obtaining a controlling stake.
Therefore, Li Jin has always been very cautious about going public.
"Old Tang, we have talked before. In principle, companies directly under the Jin Qing family will not consider listing." Li Jin said after considering it.
"I can understand why investment companies and real estate companies don't go public. After all, Mr. Li is not short of money at the moment. But wouldn't it be a pity if companies like Xinlang and Tengxun don't go public?" Tang Jun said.
Li Jin smiled and said: "Teng Xun, I have other plans. As for Xinlang, it is currently my sole proprietorship. I will take out some shares to go public. There are no other small shareholders who will randomly divert their equity. Even if it goes public, it will not affect it." I have absolute controlling interest, so I can consider it."
"But now is not the time."
Li Jin's words stunned Tang Jun for a moment.
Li Jin had his own considerations.
"Nowadays, all Internet companies that can go public face a problem, which is that they rely entirely on traffic and false claims to attract investors. However, in fact, the problem of Internet companies' inability to make profits has not been fundamentally solved."
"What's more, New Wolf's main business is the portal business. Although it has greatly increased in size after absorbing users from Teng Xun, and is now truly the number one in the country, New Wolf is still losing money."
"In my opinion, portals are unprofitable. If New Wolf wants to be listed, it must be supported by strong and sustainable profit points. Otherwise, even if it is listed, it will not be able to withstand any hardships. Some slight disturbances may cause me heavy losses." .”
Tang Jun frowned and said: "That's true, but now everyone in the entire industry is the same..."
Li Jin interrupted Tang Jun with a smile, "Just because everyone is the same, it doesn't mean that I will join them. I have already found the profit points of New Wolf."
Tang Jun raised his head in astonishment and said in surprise: "Mr. Li, do you have a way to make Xinlang profitable?"
Li Jin smiled faintly.
Of course!
This method not only made an Internet company profitable in the previous life, but also directly created an apparent richest man in the country.
This is none other than the online game "Legend" that was agented by Shengda University in the previous life in 2001.
The game industry is an absolute blue ocean industry that no one has discovered yet. This market, which has grown from nothing to a trillion-dollar market in just ten years, is simply a cornucopia in Li Jin’s opinion.
Not only can it absorb a large amount of traffic, but the profits it creates are terrifying.
What are virtual props worth?
With a few lines of code, a few picture materials, and a server, you can create unlimited virtual props that can sell for tens of thousands or even hundreds of thousands.
No one would be a fool not to earn this money.
What's more, in his previous life, having experienced the entire online game industry's twenty-year rise from desolation to its peak, Li Jin knew very well what methods he could use to take money out of players' pockets.