Thunder "Tracing"

Absrtact: Get up early, catch a late set this is usually a joke to those who are not fortunate enough to be slow. And Thunder obviously more unfortunate up early, but even the late set did not catch up. 2003 on the establishment of the Thunderbolt, on the eve of the listing hastily quit, and now the Thunderbolt

Get up early and catch a late episode-it's usually a joke to those who are not lucky enough to be slow. And the Thunder is obviously more unfortunate--up early, the result is not even late set up.

2003 on the establishment of the Thunderbolt, in the listing of the eve of a hasty exit, and now the Thunderbolt, seems to be in a dilemma-investors to consider the withdrawal, because of lack of money began to seek new capital injection.

Thunder "Tracing"

October 24, a message began to circulate in the public, the general content of the rumors are as follows: Qihoo 360 and Baidu recently launched to the Thunder Company for competition, first and Thunderbolt company strategic cooperation, the source said, do not exclude the emergence of Qihoo 360 and Baidu bidding Thunder situation. This rumor will be the Thunder and the hottest 3B War Two gossip protagonist pull together, quite attract eyeball.

More intriguing is that always low-key Thunder CEO Shenglong not as usual practice on the issue of capital operation, "no comment", instead, said, "The future does not exclude the capital level with the two sides of cooperation." ”

So, what is the real purpose of the Thunderbolt?

"Since last year has been found in the more abundant with the funds of the website to discuss the participation in equity, with the mainstream of the domestic video business has been to negotiate." Thunder also indeed with Baidu and 360 to negotiate including the sale of capital cooperation. "said the head of an investment bank.

However, there are familiar with the Thunder website investment director said, Shenglong words more is a gesture, showing the Thunderbolt intends to introduce new investors, and "tease" Baidu and 360 bidding.

Another investment sector disclosed that the thunder of investment Fangzhi A source is actively seeking to exit, the Thunderbolt is also in order to cooperate with the source. It is reported that, in 2007, the source of the venture has invested 15 million of dollars to the Thunderbolt. And according to the Thunderbolt 2011 submitted prospectus, Feng Po on behalf of the joint venture to hold the Thunderbolt 11.6% of the shares.

The dilemma of lack of money

Or October 24, another news about the Thunderbolt was disclosed-Thunder CFO Shang for personal reasons to leave. The news was also interpreted as a sign that the Thunder IPO was not in short order.

Although Shenglong stressed that the stock is currently warming up the situation, if the capital market warmer, the Thunderbolt will restart the IPO at any time. But after announcing the CFO's resignation, the Thunderbolt did not announce the new CFO candidate.

Another investment bank analyst said that the capital market for the Thunderbolt business model is not clear, fierce market competition and copyright issues have been pessimistic attitude, even if the market warming, whether the Thunderbolt can be listed also is a mystery.

And because in the last year did not successfully IPO financing, Thunderbolt is also facing the dilemma of lack of money, this will not be conducive to thunder in the fierce competition in the market environment to obtain a better position.

Although since 2009, the Thunderbolt has achieved a profit, but because of the lack of large financing, the Thunderbolt is still in the bag of shyness. According to the Thunderbolt's prospectus, as of March 31 last year, its cash and cash equivalents amounted to 133 million yuan (USD 20.559 million). After the cancellation of the IPO plan last October, the Thunderbolt did not announce its new financing, which apparently did not support the Thunderbolt's purchase of large amounts of copyright, bandwidth and storage equipment.

At the same time, the Thunder faced rivals are unusually strong: after the combination of Youku potatoes, Sohu video, exotic art, Tencent video-these giants all have strong capital support.

Rowing against the tide. No big capital injected Thunder may still be able to live well, but that's all.