Why China's Internet favors America

Why are domestic internet companies scrambling to list in the U.S. stock market? Fengxin that many of the Chinese Internet companies ' capital structure, including venture capital, is also the foundation for the initial development of Chinese Internet companies, but companies with foreign venture capital are unable to market in their domestic capital markets. He believes that in the aftermath of the international financial crisis, the Internet is the hottest concept of U.S. capital markets, China's economy is optimistic about the world, Chinese Internet companies are more favored by U.S. capital, so Chinese internet companies in the U.S. capital market is very popular.

Whether there is a bubble in Chinese internet

In 2000 years or so, Sina, Sohu, NetEase and other portals in the United States listed, known as China's first generation of the Internet wave. And China's portal in the listing, the stock price once depressed, and even face the risk of delisting, the number of enterprises competing for listing, whether there are bubbles? What opportunities and risks are hidden this time?

Multiple perspectives-no bubbles?

America's capital markets are awash with calls for a "second dotcom bubble" since 2000. But investors don't think so.

Web 1.0 era Netscape co-founder Andreessen is now a Web 2.0-era venture capitalist. Andreessen that this is not a new technology bubble: "In my experience there is a bubble when no one talks about bubbles, and when everyone is talking about bubbles, there is no bubble." ”

Relatively speaking, the domestic venture capitalist is much more cautious, Huaxing Capital CEO Baofan said, the internet bubble top is the Facebook listing, "before this everyone can not be soft ah, the earned one do not let go." ”

Entrepreneurs are more optimistic. "If the amount of investment matches the growth rate of an enterprise, then it is not a bubble," said Chang Xiaulio, Massamasso chairman of the Apparel E-commerce enterprise. ”

Li Mingshun, founder and CEO of Group buying, said: "Because of ample currency liquidity and inflation background, the Internet sector is not necessarily a bubble." Funds are expected to find safe havens, so the price determined by supply and demand is reasonable. ”

Storm AV CEO Fengxin that the Chinese internet bubble does not exist. "China is currently the largest Internet user in the world. In the European market, due to the number of Internet users, no one internet company has profound development potential. ”

It is noteworthy that the overseas listing boom may not be a bubble, the real fiery capital market is still in the domestic a-share and gem. Ecapital Capital CEO ran briefly summed up the Chinese-style PE company: "They do not need to judge whether a company can become a century-old shop, just to determine whether it can step on the list of smooth listing." ”