According to Tejarat News, the initial public offering of AsiaTek and Tepsi is the topic of discussion in the Iranian stock market these days. In Iran, Tepsi is the first internet taxi startup to go public. AsiaTek is also the first startup in the field of Internet services, the initial launch of which was registered today from 10:00 to 12:30. The offer of Tepsi ool is also offered through OTC until the end of May.
Initial offerings provide the capital needed to grow a startup. In addition, the stock price of a startup may increase between the initial public offering and the secondary public offering. But at what stage can a startup have an initial public offering?
First of all, a startup must have a strong strategy to do so. For example, the lack of sufficient trust from the customer and the lack of regular and loyal customers and the lack of a team that can make the necessary transfers to transform the company from private to public is one of the mistakes of startups that fail in their initial public offering.
In fact, 75% of startups never reach the initial launch stage. Some of them are created from the beginning with the intention of selling in the initial public offering. Facebook was one of those startups where Mark Zuckerberg was very successful.
The initial supply of Internet taxis in the world
Internet taxis around the world, such as Lift and Uber, were also introduced in previous years. Shares of the lift rose 8.7 percent on the first day of the Lift’s initial public offering. The company’s market value in 2019, when it was first launched, reached $ 26.4 billion, making it one of the most valuable American companies.
Food delivery startups, electric bicycles and self-propelled vehicles are popular startups in other countries. Uber, the world’s most famous Internet taxi, raised about $ 8.1 billion in its initial public offering in 2019.