Life at The Top novel Chapter 570

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, he 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.