Victory in Life
Chapter 570
Registering on public shares!
That is the ultimate goal of every company out there.
Many benefits come from public listing.
The most obvious and important benefit is the ability to quickly acquire large amounts of funds from the stock market.
With the support of countless shareholders and investors, the company did not have to worry about funding issues during its development.
However, the public list comes with its own set of problems as well. In theory, all listed companies face the risk of being taken over by someone else.
Jasper had attacked the company through the financial markets and brought their downfall by acquiring a majority stake in it.
Therefore, he had always been cautious in pursuing his own public list.
"Jack, we've talked about this before. Companies directly affiliated with JW will not be considered for public listing because of our company principles" Jasper said in a flat tone.
"I can understand your choice not to list investment and real estate companies. After all, you're not short on finances in that.
However, wouldn't it be a pity if companies like Sena and Terizone weren't listed?" ask Jack.
Jasper chuckled and said, "I have other plans for Terizone. As for Sena, I am currently the sole owner. I can hold some stocks and do a public listing. As long as the shares are transferred to small stakeholders, the list will not affect my majority stake. Therefore, I can consider registering the company."
"However, this is still not the right time to do it."
Jack was stunned by Jasper's words.
Even so, Jasper also had his own considerations.
"Right now, all listed Internet companies are facing the same problem. They all rely on user capacity, empty promises, and marketing techniques to attract investors. However, in reality, the inability of Internet companies to profit has not been fundamentally solved."
"In my opinion, the portal website is not profitable. If Sena wants to be listed, it must be supported by a strong and sustainable profit margin. Otherwise, it would not be able to withstand external pressure even after being registered. Small distractions will easily result in huge losses."
Jack frowned and said, "You're right, but everyone in the industry is facing the same problem."
Jasper laughed and cut it off. "Even though everyone faces the same problem, that doesn't mean we should lower ourselves to their level. I've identified Sena's profit point," he said.
Jack raised his head in surprise. "Mr Laine, have you found a way for Sena to make a profit?" She's surprised.
Jasper smiled thinly.
Of course, he had an idea!
This method not only made the Internet company profitable in its past life, but it was also responsible for creating the richest person in the country.
He was referring to the online game "United Legends", which had been released by the Senator Agency in 2001."
The gaming industry is a vast blue ocean that no one has explored so far. This is a space that will grow from zero to a trillion scale market in just ten years. To Jasper, it was a prosperous spill.
Not only could it win a large number of users, but the amount of profit it generated was also frightening.
How much is digital?
Multiple lines of code, multiple graphic materials, and a single server can create unlimited digital goods that can be sold for tens of thousands, or even hundreds of thousands of dollars.
Only a fool would choose not to jump into this field.
Furthermore, in his past life, Jasper has experienced the rise of online gaming from a barren industry to a flourishing peak in just twenty years. Jasper knew very well about the techniques he could utilize to earn money from these players.