Li Chuan pondered for a while, shook his head slightly, and said, "We are being targeted by capital." ”

"It's normal."

Jiang Zeyu said calmly: "Live streaming is a hot spot in the current market, and it can also be said to be an outlet, and the tuyere industry itself will receive the attention of the capital market, not to mention, we are still the best company in this industry."

According to conventional logic, we have long been on the list of various capitals.

Before, they didn't make a move, probably because they were still studying the authenticity of the 'live broadcast with goods', or they were worried about the stability of our faucet...... We have been established for too short a time and the speed of development is too fast, which will inevitably give people a relatively vague feeling, and make people doubt whether our company can continue to do it for a long time.

We are confident in this, but outsiders will have doubts if they do not know the actual situation.

Now, it's a different story.

We have made the 'Daren Supply' APP, focusing on the supply chain.

The supply chain is the core of live streaming, which is a common view in the capital market.

According to this line of thinking, we make the 'Talent Supply' APP, which is to cut to the core of the live streaming industry.

Based on the core of the industry, there is a lot of room for imagination, and with a little operation, you can tell more and better stories.

This is what capital values the most.

In the eyes of capital, the significance of our 'Daren Supply' APP is extraordinary, which has changed their perception of us to a great extent.

It turned out that they probably thought that we were just a pig on the tuyere, and it was only because of luck that we flew to the top.

But now, it's a different story.

We made the 'Daren Offering' APP, which is equivalent to growing a pair of wings.

A pig with wings, on the tuyere, no one can say how high it can fly in the future.

Even if one day the tuyere is gone, with a pair of wings, our pig will not fall directly and fall to death, try to lose weight, maybe we can fly higher.

The thinking logic of capital is like this.

We have the capital that they value, and it is only a matter of time before we are targeted by them.

At this point in time, it may be a little earlier, but the result is the same.

……”

Jiang Zeyu said a lot, which can be regarded as a complete introduction to the thinking logic of capital.

After listening to this, Li Chuan also agreed.

However, this did not alleviate his worries.

"It's a bit of a hassle."

Li Chuan said with a melancholy face: "These capitals are divided into several factions, and all of them are absorbed, I'm afraid it's impossible, but if only one part is attracted, then the remaining part may be offended." ”

"There is no way to do this, the capital forces are originally divided in this way, and we can't do everything."

"I know."

Li Chuan waved his hand, and said helplessly: "I'm just thinking, is there a better solution?" ”

Although the "Miki system" has developed very large, after all, it has been established for a short time and has no special background relationship, and on the whole, it is still a relatively weak stage.

Most of the capitals that come to the door on their own initiative have very strong energy, and it would be quite troublesome for the "Miki Department" to target them.

Li Chuan is more worried about this.

Jiang Zeyu also understood Li Chuan's thoughts, thought for a moment, and said, "A more appropriate solution...... There are also, however, they can only be slowed down, not completely eradicated. ”

Li Chuan raised his eyebrows and asked, "What way?" ”

"Going public."

"Listing?!"

"Hmm."

Jiang Zeyu nodded: "Most of the purpose of looking for our capital now is to make money, so we only need to meet their needs in this regard."

The primary market has limited capacity and we can't take care of everyone, whereas the secondary market has more freedom and can take care of everyone.

If we go public, which capital thinks we have development potential, then they can buy our shares directly in the secondary market, and there is no need to do so much trouble.

The effect of this is the same.

When they buy our stocks, they form a community of interests with us to a certain extent, and when the time comes, they will not easily do anything with us. ”

Hearing this, Li Chuan pondered for a moment, and then asked, "Do you think we can go public now?" ”

"Huh?"

Jiang Zeyu was stunned, then reacted, shook his head and said, "I didn't say that, I just put forward an idea...... Didn't you just say that you are afraid of being unhappy with these capitals, and listing can alleviate this problem to a certain extent, but I am not saying that the company should be listed immediately and listed...... It's very troublesome, there are too many things involved, and it's not just about it. ”

"So you mean, we can't go public at the moment?"

"This ......"

Jiang Zeyu thought for a while and said: "Although our size is enough, the time since we established it is too short, and it has developed to this extent in less than a year, and the pace is a little unstable...... At this stage, we should precipitate it first, go public, or wait for two years. ”

Li Chuan frowned slightly, lowered his head again, and fell into deep thought.

Jiang Zeyu was right, but he had different thoughts in his heart.

Just now, he thought about it briefly and thought it was a good idea to go public.

Why?

Because the tuyere has a duration.

From the beginning of the century to the present, in the past 20 years, there have been many outlets in China, especially the Internet industry, such as group buying websites, Internet finance, travel software, sharing economy, takeaway, online education, community group buying, etc., each of which was a hot mess back then, but each of them was also popular for a few years, and then disappeared.

From this point of view, the duration of the tuyere is only two or three years at most.

The nature of live streaming is different, and the duration may be slightly longer, but it won't be long.

As a reborn, Li Chuan is still very clear about this.

Live streaming has been popular since 2018, gradually became an outlet in 2019, entered its heyday in 2020, and continued in 2021, but in 2022, it began to gradually return to calm.

2020 and 2021 are the hottest times in the live streaming industry.

The hotter the industry, the bigger the bubble.

"Bubble" is a derogatory term that means that the value of a commodity is overvalued, such as a commodity that is actually worth only ten dollars, but after a lot of speculation, it is finally sold for thirty dollars...... The extra twenty dollars is a bubble.

This phenomenon is obviously not a good thing for the overall economic situation, but it is a major positive for the industry in which the bubble is located.

Because of the industry in which the bubble is located, the value of assets will be overvalued, and those who own these assets can get higher returns by turning around and selling.

Many people who understand the market and see it more clearly often choose to sell their assets and exchange them for money when the market is hottest and the bubble is the largest.

Li Chuan also thinks so.

Although it is impossible for him to sell the "Miki series" as a whole, it is still possible to take advantage of the high market to realize some of the shares.

And the best way to do that is to go public.

Listing should pay attention to the timing point, and you can't miss the hottest period of the market and the biggest bubble, otherwise, the income will be greatly reduced.

The hottest and most foamy time points in the live streaming industry market are in 2020 and 2021, so it is best for the "Miki series" to be listed before 2020 and 2021.

Right now, it's the middle of 2019, and there is only half a year left until 2020.

Half a year, ready to go public, may not be enough.

Therefore, it is actually necessary to act immediately.

This is Li Chuan's inner thoughts.

On top of that, he is also more concerned about environmental changes in the coming years.

The next few years will be the epidemic period, and a lot of work will not be able to be carried out normally.

The IPO-related process is extremely complex, and if the work is not carried out in a timely manner, the results are likely to be affected.

This is a relatively big trouble for Li Chuan.

That's not the main thing, though.

The most important thing is the adjustment of national policies.

As everyone knows, the main contradiction in domestic society has shifted from "the contradiction between people's growing material and cultural needs and backward social production" to "the contradiction between people's growing needs for a better life and unbalanced and inadequate development."

To put it simply, in the past, people's living conditions were not very good, and they only thought about earning money every day, and did not do anything else, and the state did not need to consider other factors when promulgating policies.

At that time, people's views on the rich were more envy or admiration, and those leaders in the business field, such as Ma Yun, became the idols of countless Chinese people.

Now, it's a different story.

With the development of the business society, the opportunities for ordinary people are becoming fewer and fewer, and most entrepreneurs have changed their perception of the rich after experiencing failure.

In the past, they regarded Ma Yun and others as idols, but now, there are no idols, and there is only dissatisfaction and hatred.

In this case, the state should not only consider making money when promulgating policies, but also take into account the problems of "common prosperity" and other issues in addition to making money, otherwise, social contradictions will intensify and the consequences will be extremely serious.

Therefore, many of the current policies and behaviors must be adjusted.

The direction of adjustment is certainly conducive to "common prosperity".

And "common prosperity" will harm the interests of the "rich".

Therefore, under the guidance of relevant policies, the domestic market environment will inevitably change.

This change is particularly obvious around 2021, which has led to the "Ma Yun Bund Speech Incident" and "Ant Financial's Listing Failure Incident".

After a series of incidents, both at home and abroad clearly feel that the domestic market environment has undergone drastic changes.

In this way, the popular "Chinese concept stocks" in the market have begun to ebb and flow.

In the past, thanks to the good domestic market environment, as long as domestic enterprises were listed, they could always get a very high premium, which is the meaning of "Chinese concept stocks".

Now, the domestic market environment has changed, and "Chinese concept stocks" have begun to ebb and flow.

As a result of the ebb tide, the stock prices of domestic listed companies are getting lower and lower, and the premium is slowly disappearing.

This point is also very unfavorable to Li Chuan.

In his opinion, if the "Miki system" is listed early, he may still be able to enjoy the benefits of "China Concept Stocks", but if it drags on for too long, he may not be able to eat the benefits of "China Concept Stocks" at all.

Therefore, from the perspective of practical interests, the sooner the "Miki series" is listed, the greater the possibility of obtaining high returns in the future.

Li Chuan hadn't thought about this question before.

He has always thought about it similar to Jiang Zeyu, but he feels that the company has been established for too short a time, the steps are too fast, and the body shape is a little unstable.

But now, after being reminded by Jiang Zeyu, he analyzed it carefully, but the more he thought about it, the more he felt that the "Miki series" should be listed earlier.

"What's wrong?"

Jiang Zeyu saw that Li Chuan didn't speak for a long time, and asked, "Do you have any ideas?" ”

Li Chuan glanced up at Jiang Zeyu, paused, and said, "I think now is the best time for us to seek listing." ”

"Huh?!"

Jiang Zeyu was stunned and asked, "Why?" In order not to offend those capitals? ”

"It's not."

Li Chuan shook his head and explained: "Listing can alleviate the contradiction with capital to a large extent, which is very right, but this is not the main reason why we seek to go public.

We go public to maximize profits.

If you want to maximize profits, the best way is to stand on the tuyere and go public.

Live streaming is the current outlet, but how long this outlet can last, none of us knows, if according to the previous experience, two or three years, it may be about the same.

Live streaming has been popular since last year, and in this way, it will continue until about 2021...... Time is running out. ”

"You're right, but ......"

Jiang Zeyu frowned and said: "I think you are a little worried, the attributes and logic of live streaming are completely worthy of scrutiny, in the future, it will exist for a long time, we don't have to rush for a while." ”

"The tuyere will always pass, the market heat will be low, and the bubble will be gone."

"I know, but the logic of live streaming will not collapse, only the logic will not collapse, even if the bubble disappears, we will not lose too much."

"What if the market environment changes?"

"What do you mean?" Jiang Zeyu was a little confused.

"Have you read the report of the 19th National Congress of the Communist Party of China?"

"Report of the 19th National Congress of the Communist Party of China?"

Jiang Zeyu was stunned again and asked, "What do you mean...... Is there a social contradiction? ”

"Hmm."

Li Chuan nodded: "The social contradictions have changed, and the national policy must also change with it, so I think the market environment will change very much in the future." ”

Jiang Zeyu disagreed, shook his head slightly, and said: "What you said, when the report of the 19th National Congress of the Communist Party of China first came out, many people had already discussed it, and at that time, there were indeed many people who said: National policies should be adjusted and the market environment will change, but more than a year has passed, and it is still the same as before, and there is no change." ”

"It's only temporary, and in the future, it will definitely change."

"What is the future?"

"Just for a year or two."

"Did you get any inside information?"

"Nope."

"And how do you know?"

"Guess."

After adjusting the outline, the book will be completed in the near future, and it is expected that it will not exceed 500 chapters.

(End of chapter)