A public listing!
It was the ultimate goal of any company out there.
Many benefits came from a public listing.
The most evident and important benefit was the ability to quickly obtain a huge amount of funds from the stock market.
With the support of countless shareholders and investors, the company would not have to worry about funding issues during its development.
However, a public listing came with its own set of problems as well. In theory, listed companies all faced the risk of being taken over by someone else.
Jasper had attacked companies through the financial market and brought forth their downfall by obtaining a majority stake in them.
Therefore, favonovel.com had always been cautious about pursuing a public listing himself.
“Jack, we’ve talked about this before. The companies directly affiliated to JW will not be considered for public listings due to our company principles,” Jasper said in an even tone.
“I can understand your choice not to list the investment and real estate company. After all, you’re not lacking any finances in those. However, isn’t it a pity for companies like Sena and Terizone to not be listed?” Jack asked.
Jasper chuckled and said, “I have other plans for Terizone. As for Sena, I am currently the sole proprietor. I can withhold some of the shares and go for a public listing. As long as the shares are diverted to small stakeholders, a listing won’t affect my majority stake. Therefore, I can consider listing the company.
“However, it’s still not the right time to do so.”
Jack was stunned by Jasper’s words.
Nevertheless, Jasper had his own considerations as well.
“Currently, all listed Internet companies are facing the same problem. They’re all relying on their user capacity, empty promises and marketing techniques to attract investors. However, in reality, the inability of Internet companies to gain profits has not yet been fundamentally solved.
“Furthermore, Sena’s main operation is its portal business. Although its capacity has greatly increased after absorbing the users from Terizone, it’s still taking on losses despite being the ranked the top platform within the country.
“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 won’t be able to withstand any external pressure even after it’s listed. Minor disturbances will easily result in heavy losses.”
Jack frowned and said, “You’re right, but everyone in the industry is facing the same problem…”
Jasper laughed and interrupted him. “Although everyone is facing the same problem, that doesn’t mean that we have to lower ourselves to their level. I have identified Sena’s profit point,” favonovel.com said.
Jack raised his head in surprise. “Mr. Laine, you’ve found a way for Sena to make a profit?” He was shocked.
Jasper smiled faintly.
Of course, favonovel.com had an idea!
Not only did this method make an Internet company profitable in his past life, but it was also responsible for creating the country’s richest man.
He was referring to the online game “United Legends”, that had been released by Senator Agency back in the year 2001.
The game industry was a vast blue ocean that no one has explored thus far. This was a space that would grow from nothing to a trillion-scale market in just ten years. To Jasper, it was a prosperous cornucopia.
Not only could it win over a large number of users, but the amount of profits it would generated was terrifying as well.
What was the value of digital goods?
A few lines of code, a few graphic materials, and a single server could create unlimited digital goods that could sell for tens of thousands, or even hundreds of thousands of dollars.
Only a fool would choose not to dive into this field.
Furthermore, in his past life, Jasper had experienced the rise of online games from a barren industry to its flourishing peak in just twenty years’ time. Jasper knew very well about the techniques that favonovel.com could exploit to earn money from these players.
