小捕手 Chaos
小捕手 Chaos|7月 06, 2026 10:30
The dividends of industry growth are gradually drifting away from individual investors. Amazon took 3 years to go public, Airbnb took 12 years, and SpaceX took a full 24 years. This is a warning trend. In the 1980s, the median cycle from establishment to IPO for a company was about 6 years; Today, this number has been extended to 10 to 12 years. Why are companies unwilling to go public? The reason is very practical, the private capital market is already mature enough. Before going public, companies often raise their valuations through multiple rounds of financing. In addition, due to the high cost of regulating the open market, more and more companies are choosing to "ring the bell late" and wait until their scale is large enough and their story is stable before entering the public eye. But who will bear the cost behind this? It's a retail investor. When a company is valued at billions in the D and E rounds, by the time of its IPO, the steepest growth curve (from 0 to 1, from 1 to 10) has already been wiped out by institutional investors. Retail investors often take over a fully priced 'open market version'. Take a look at the sexiest companies today: OpenAI, Anthropic, VNet, Figure AI... They represent the forefront of AI, robotics, and biotechnology, but almost all of them have not yet gone public. Individual investors' participation is limited to discussions on social media. Who will break this wall? The tokenization of stocks on the market only solves the convenience of buying and selling, and the target is still listed companies. The high wall of unlisted companies has never been shaken by anyone. Until @ OpenstockInc appeared. OpenStock was created by the former Polynomial team, and its logic goes straight to the core: connecting mature encrypted channels to real-world capital events. AI、 The most explosive opportunities in semiconductors, hard technology, and other fields often emerge before the public market. The vision of OpenStock is to build an on chain private equity market infrastructure that transforms retail investors from "bystanders" to "participants" in their growth stories. Practice has already begun Taking advantage of the listing of A-share optical communication leader Zhongji Xuchuang in Hong Kong, OpenStock has launched its first treasury. Users deposit USDC to obtain treasury tokens, which will be redeemed based on net income after the target is listed. Zero friction throughout the entire process, no additional operation required. The dividends of growth should not only belong to institutions and giants. What OpenStock is doing is tearing down that wall.
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