Line company revenue steady growth of
Ernst& Young LLP data shows that the first quarter of this year, the global technology company to raise about $900 million, far below the level of $2 billion 800 million in the same period last year, more than the same period in 2014 of $6 billion 500 million. IPO, the largest technology company in the world this year, was IPO for the April Australian logistics software company WiseTech Bbc Worldwide Ltd, which raised about $130 million, according to Bloomberg data. compile / water
Phoenix technology news, Beijing, June 7th, according to Bloomberg news, citing informed sources, the Japanese instant messaging application Line plans in late 7 this year, at the same time in Tokyo, New York two listed.
according to one insider said, Line has begun to profit, which is expected at the start of the roadshow IPO at the end of the month, will attract more attention of investors. If Line’s initial public offerings plan is implemented next month, it will be the largest IPO of technology companies worldwide this year, adding a rare bright spot to the moribund IPO market this year.
earlier in February, I delivered a speech at the SaaStr conference, which is probably the most relevant activity so far with early-stage enterprise application development companies. Before joining Sequoia Capital, I was Clearwell of SaaS company CEO, when the company’s ARR annual recurring income was over $100 million, already in the state of profitability. But within a few years of running the company, my team and I did not feel much success. Life seems to be always on the edge of the blade, and wherever you go, there is a possibility of falling down. Based on my own experience, I’d like to talk about how companies survive tough times. Thanks to Jason Lemkin for giving me the help in the speech. Here is a presentation of the lecture:
remember, board meetings serve you, not investors. You should talk about what you think in your head, which may be the most important part of the board meeting.
Abstract: the reason why a company set up a board of directors is to become a pillar of your tough times. You need to involve the board of directors in the company’s operations. Not to send them to low level coolies or to share heavy tasks, but to seek help on important issues.
technology shares freeze
: don’t "manage" board
Line hopes to raise $1 billion in -20 $through an initial public offering IPO, valued at $5 billion -60, according to people familiar with the matter. At the same time, the company hopes to raise about half of its money from the U. S. stock market, IPO. Following its deep entry into the Southeast Asian market, Line’s long-term goal is to expand the American market.
, according to Bloomberg data show that although there are more than 160 private enterprises the current valuation of $1 billion or more, but as of now, this year’s science and technology enterprises have listed companies raising more than $150 million.
Line intends to implement a lower valuation of IPO next month, reflecting the slowdown in the company’s user growth, as well as the current valuation of technology companies, listed willingness to freeze.
informed sources said Nomura holdings, JP Morgan chase, Morgan Stanley, Goldman Sachs Group will serve as Line IPO underwriters. A spokesman for Line declined to comment on the company’s IPO plans and profitability.
In July 2014
although the topic of this talk is "how to manage the board of directors", it is a very wrong idea. Instead, you should actively communicate with the board of directors. I paid a terrible price to recognize this truth. During my first meeting with the board of directors, Mike Moritz was very kind to advise us to focus on the key issues, and I didn’t know how to work with the board at that time.
we all know that good people often share bad things: a car accident, a beloved cat dies, a choice of a president, and so on. The worst thing you can do when you run a company is to fail to reach your quarterly goals. Once this kind of situation, will lead to the people around you have questioned, "the company can not do?" "if CEO knows what he is doing?" the voices of doubt crept into their ears, or even a member of the board of directors of the heart.
second lesson: product priority over indicator
, author of Aaref Hilaly, Sequoia Capital Partners, is also a board member of a number of companies such as cancer management platform Guardant, Health, and network intelligence monitoring tool development company ThousandEyes.
Market research agency
Line, owned by Korea Companies Naver, has gained 7.4% this year as a share of Naver.
Line told the Tokyo securities trading institutions to submit IPO application, but has been nearly two years, when the company’s valuation of 1 trillion yen $9 billion 200 million, but the change of CEO and other reasons, Line listed once stranded.
the purpose of this speech is to provide you with a guidance, in the wrong quarter goals should be how to deal with?. My guidance has 4 points, plus several pitfalls that need to be avoided. The first two suggestions are that you can start now, and also a means to prevent missed quarterly goals.