Chapter 323: You're the Great Bull!

Take precautions and plan for the listing of shared bicycles.

This is the only thing Xi Ming can do in the general direction of Xiongbai shared bicycles.

He had been thinking to himself for a long time.

As a unicorn company that is not listed, it will either invest in shares by employees like Huawei did in the early days, or go public to raise funds.

This is the rapid growth of the company's two means, if you take other roads, it will take more than ten years, decades to do such a business, that is basically the older generation, grandparents to start a business to take the hard work style, how much money to do a lot of things.

In today's era, growing and growing a big company is nothing more than these three ways.

Going public is the most active way, and the way that entrepreneurs generally take is also the best way

Xiongbai shared bicycles, Xi Ming holds the most shares, and the best way he can choose is to go public, dilute his shares, cash out in installments, and continue to hold most of the shares.

The company goes public.

Whether the IPO can be successful or not.

In today's era, the fate of a business is largely decided.

This is the reason why Xi Ming wants to befriend this genius capital operator in front of him.

Many people say that IPOs are a disease.

In particular, Chinese companies always have an IPO complex, or an IPO disease.

Under the impetus of "capital mania", enterprises have the conditions to go up, and they have no conditions to create conditions. Financial fraud, over-packaging, blind expansion, and borrowing from all directions, who can afford to be in the flood.

This is true for traditional industries.

The same is true for the Internet industry.

China has created one Internet economic miracle after another: the wool is out of the dog, let the pig pay, and everyone is happy.

Internet companies all have the same routine: fight first, then get married, become unicorns, and finally go public.

The listing myth has continued, sharing bicycles, sharing charging treasures, sharing basketballs, and sharing umbrellas under the sharing economy...... It's not queuing, or on the way to the queue, and it's still going to go that way.

Xi Ming felt that he couldn't escape that way.

Now Xiongbai shared bicycle has fought many tough battles with ofo in the past two years, big battles, and now the two have jointly formulated the rules of the industry and become the two unicorns in the shared bicycle industry.

At the dinner table, Xi Ming should ask for advice on this aspect.

"Come on, Brother Huang, eat vegetables, eat vegetables, how about tasting the taste of this wine-stuffed balls?"

Xi Ming was inviting Huang Zhaoxi to taste the food, and he himself wanted to taste the taste of being a listed company.

"Brother Huang, the younger brother may have a question for the layman, but I still want to ask, can all the companies that are going to be listed, those entrepreneurs, and those entrepreneurs really get money in the stock market?"

"No, how much profit there is in listing, how much risk there is, does not mean that you can cash out money. ”

Huang Chaoxi's small eyes shone with the light of a hunter.

"In the world of capital, the ratio of return and risk is the same, without exception".

"The real situation is that getting an IPO and going public is also a deal with the devil, either get rich or get out. ”

Wealth is a number, and others look at who is rich, but they don't know that the so-called rich are actually capitalists with blood, because capital smells bloody.

"In other words, you can't go public blindly, and blind listing may destroy everything you have worked so hard to do?"

"That's right, especially in the IPO and IPO stage before the company goes public, that time can be described as a naked exit, and in the public magnifying glass, any weakness will be quickly captured and become a fatal wound. ”

Huang Zhaoxi continued with some seriousness.

"Because if a company has financial fraud, excessive packaging, blind expansion, and debt from all directions, those companies also fantasize about going public to make a sum of money, but once listed, the stock price will plummet, and some executives will leave the market directly after cashing out. All that's left is chicken feathers. ”

Huang Zhaoxi knew too much about such cases, and could make a long list: the world gambled unsuccessfully and was forced to sell its assets; the control of the prince's milk signing VAM agreement changed hands; Jianglong, the largest printing and dyeing textile company, was crushed by sky-high debts in order to go public; Wandelai blindly changed its main business to cater to the listing, and was finally abandoned by the market...... Those former "giants" of the industry have collapsed, so that the IPO is evolving into a "if you don't succeed, you will succeed" road.

"Okay, so what should a company pay attention to if it wants to go public?" asked Xi Ming with a faint smell of wine.

"For many companies preparing to go public, the rules of the game for IPOs are a long and painful process of transformation. However, in this process, we must not leave anything to chance, and we must standardize our behavior one by one in accordance with the law and check out the "landmines" one by one.

"Landmines, what are mines?"

Needless to say, listing is a new milestone for the company, but there must be obstacles on that road, that is, the "landmine" of our company's listing, including operating model, competitive advantage, asset quality, profitability, corporate governance structure, future development prospects and enterprise risk resistance. ”

"Brother Huang, you say it's too abstract, can you be specific? Little brother, I don't read much," Xi Ming smiled bitterly.

Let's put it this way, that is, before a company encounters a listing "landmine", the first thing a company should do is to answer the most basic question of the company's motivation for listing. ”

Huang Zhaoxi began to give examples.

"For example, why should a company go public?"

"When will it be available?"

"What's on the board?"

"How much financing is appropriate?"

These questions may seem simple, but not all companies can answer them. The situation behind the listing of many companies is often that investment banks and brokerages are optimistic about a company and push it to the capital market full of dangers. ”

Only then did Xi Ming understand a little, and he nodded frequently.

Looking at him as if he didn't understand, Huang Chaoxi's small eyes shrewd and asked, "Brother, you keep telling me about sharing bicycles, do you have a stake in a bicycle-sharing company or do you have a bicycle-sharing company?"

"Well, the little yellow bike is mine. After Xi Ming drank a little wine, he talked a lot and said it casually.

"Ah, what!" Huang Chaoxi stood up in shock!

Huang Zhaoxi is a proud person, not only among his peers, but also in his life, he has a taste of loneliness as a master.

Working capital, young people like him, successful people, the whole world is a handful.

"Well, the little yellow bike is mine. ”

……

"You're a big bull!" Huang Chaoxi gave a thumbs up.

"No wonder Elder Li met you. Huang Chaoxi spewed the smell of wine.

At that time, the capital market was stirred up by the sharing economy, Huang Chaoxi remembered vividly, thinking that the founder was actually in front of this person who was not amazing, and was younger than himself!

"Hey, I'll go!"