{"id":1649,"date":"2022-09-01T14:40:01","date_gmt":"2022-09-01T14:40:01","guid":{"rendered":"https:\/\/ipoconference.com\/?p=1649"},"modified":"2022-09-16T02:54:00","modified_gmt":"2022-09-16T02:54:00","slug":"the-theory-of-wagons-applied-to-initial-public-offerings-ipos","status":"publish","type":"post","link":"https:\/\/ipoconference.com\/ja\/the-theory-of-wagons-applied-to-initial-public-offerings-ipos\/","title":{"rendered":"\u65b0\u898f\u682a\u5f0f\u516c\u958b\uff08IPO\uff09\u306b\u9069\u7528\u3055\u308c\u308b\u30ef\u30b4\u30f3\u306e\u7406\u8ad6"},"content":{"rendered":"
\n\t\t\t\t\t\t
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\n\t\t\t
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\u4ee5\u524d\u306e\u8a18\u4e8b\u300c\u3042\u306a\u305f\u306e\u4f1a\u793e\u306f IPO \u306e\u65b0\u898f\u682a\u5f0f\u516c\u958b\u306e\u6e96\u5099\u304c\u3067\u304d\u3066\u3044\u307e\u3059\u304b?\u300d\u3067\u8aac\u660e\u3057\u305f\u3088\u3046\u306b\u3001\u6e96\u5099\u304c\u3067\u304d\u3066\u304a\u308a\u3001IPO \u3092\u8ffd\u6c42\u3059\u308b\u610f\u601d\u304c\u3042\u308a\u3001\u5b9f\u884c\u3067\u304d\u308b\u4f01\u696d\u306e IPO \u3092\u59a8\u3052\u308b\u4e3b\u306a\u969c\u58c1\u306f\u6b21\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>

  1. IPO\u306e\u6e96\u5099\u8cbb\u7528\u306f\u6cd5\u5916\u3067\u3059\u3002<\/li>
  2. IPO\u304c\u6210\u529f\u3059\u308b\u4fdd\u8a3c\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/li>
  3. \u30ad\u30e3\u30ea\u30a2\u3092\u8ced\u3051\u305f\u9280\u884c\u5bb6\u3084\u305d\u306e\u4ed6\u306e\u5c02\u9580\u5bb6\u306f\u3001\u6b21\u306e\u3053\u3068\u304c\u306a\u3051\u308c\u3070 IPO \u3092\u627f\u8a8d\u3057\u307e\u305b\u3093\u3002
    • \u91d1\u878d\u8a3c\u5238\u5e02\u5834\u306e\u5b89\u5168\u3092\u78ba\u4fdd\u3059\u308b\u305f\u3081\u306e\u9069\u5207\u306a\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3002<\/li>
    • \u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u306e\u691c\u8a3c;<\/li>
    • \u4f1a\u793e\u3092\u5c11\u306a\u304f\u3068\u3082\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3092\u30d7\u30e9\u30b9\u306b\u3057\u3001\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u306a\u3044\u5834\u5408\u3067\u3082\u5341\u5206\u306a\u53ce\u76ca\u3002<\/li>
    • \u529b\u5f37\u304f\u5b89\u5b9a\u3057\u305f\u6210\u9577\u3002<\/li><\/ul><\/li><\/ol>

      \u8a00\u3044\u63db\u3048\u308c\u3070\u3001\u540c\u793e\u304c\u6210\u529f\u3078\u306e\u9053\u3092\u6b69\u3093\u3067\u3044\u308b\u3053\u3068\u306b\u7591\u3044\u306e\u4f59\u5730\u306f\u3042\u308a\u307e\u305b\u3093\u3002 2 \u3064\u306e\u6295\u8cc7\u9280\u884c\u3001\u30d3\u30b8\u30cd\u30b9 \u30d7\u30ed\u30bb\u30b9 \u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u4f1a\u793e\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u304a\u3088\u3073\u30d1\u30d6\u30ea\u30c3\u30af \u30a8\u30af\u30a4\u30c6\u30a3 \u30aa\u30d5\u30a1\u30ea\u30f3\u30b0\u306b\u7279\u5316\u3057\u305f\u5f01\u8b77\u58eb\u4ee5\u5916\u306e\u6cd5\u5f8b\u4e8b\u52d9\u6240\u3001\u304a\u3088\u3073\u4f01\u696d\u91d1\u878d\u306e\u5c02\u9580\u5bb6\u306e\u4f1a\u793e\u3092\u8a2d\u7acb\u3057\u305f\u7d4c\u9a13\u304b\u3089\u3001\u6295\u8cc7\u9280\u884c\u30b5\u30fc\u30d3\u30b9\u306b\u5024\u3059\u308b\u9ad8\u3044\u53ce\u76ca\u6027\u306e\u53ef\u80fd\u6027\u3092\u79d8\u3081\u305f\u591a\u304f\u306e\u4f01\u696d\u3092\u898b\u3066\u304d\u307e\u3057\u305f\u304c\u3001\u7279\u306b\u958b\u793a\u306e\u6e96\u5099\u3068\u8d77\u8349\u306b\u95a2\u9023\u3059\u308b\u3001\u8a3c\u5238\u306e\u914d\u5e03\u524d\u306e\u8cbb\u7528\u306e\u305f\u3081\u306b\u3001\u305d\u308c\u3089\u3092\u652f\u6255\u3046\u4f59\u88d5\u304c\u3042\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002<\/p>

      \u30ef\u30b4\u30f3\u306e\u7406\u8ad6<\/h3>

      \u79c1\u306e\u30e1\u30f3\u30bf\u30fc\u306b\u3088\u308b\u3068\u3001\u305d\u308c\u306b\u95a2\u3059\u308b\u60c5\u5831\u6e90\u3092\u898b\u3064\u3051\u3089\u308c\u306a\u304b\u3063\u305f\u306e\u3067\u3001\u30cf\u30ef\u30fc\u30c9\u30fb\u30d2\u30e5\u30fc\u30ba\u304c\u30ef\u30b4\u30f3\u7406\u8ad6\u3092\u767a\u660e\u3057\u305f\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002\u4f1d\u8aac\u306b\u5f93\u3063\u3066\u3001\u5f7c\u306f\u81ea\u5206\u306e\u5ead\u306b\u5de8\u5927\u306a\u5217\u8eca\u3092\u8a2d\u7f6e\u3057\u3001\u8907\u6570\u306e\u8377\u99ac\u8eca\u3092\u7f6e\u3044\u3066\u81ea\u5206\u306e\u6577\u5730\u5185\u3092\u5ba2\u306e\u30b0\u30eb\u30fc\u30d7\u306b\u4e57\u305b\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002\u30ef\u30b4\u30f3\u304c\u4e92\u3044\u306b\u63a5\u7d9a\u3055\u308c\u3066\u3044\u308b\u306e\u3092\u898b\u3066\u3001\u5f7c\u306f\u4f01\u696d\u306e\u6210\u9577\u7406\u8ad6\u3092\u4f5c\u6210\u3059\u308b\u3088\u3046\u306b\u4fc3\u3055\u308c\u307e\u3057\u305f\u3002
      \"\"
      \u5f7c\u306f\u3001\u5217\u8eca\u306e\u6700\u3082\u91cd\u3044\u8981\u7d20\u3067\u3042\u308b\u6a5f\u95a2\u8eca\u306f\u3001\u975e\u5e38\u306b\u78ba\u7acb\u3055\u308c\u305f\u6a5f\u95a2\u3067\u3042\u308b\u4e2d\u6838\u4f1a\u793e\u3092\u8c61\u5fb4\u3057\u3066\u3044\u308b\u3068\u8003\u3048\u307e\u3057\u305f\u3002\u8001\u8217\u4f01\u696d\u307b\u3069\u6a5f\u95a2\u8eca\u306b\u8fd1\u3065\u304d\u3001\u8001\u8217\u4f01\u696d\u307b\u3069\u6a5f\u95a2\u8eca\u304b\u3089\u9060\u3056\u304b\u308a\u307e\u3059\u3002\u30b9\u30bf\u30fc\u30c8\u30a2\u30c3\u30d7\u306f\u5217\u8eca\u306e\u5f8c\u90e8\u306b\u3042\u308a\u307e\u3059\u3002<\/p>

      \u3053\u306e\u30e2\u30c7\u30eb\u3092\u4f7f\u7528\u3057\u3066\u3001Howard Hughes \u306f\u3001\u6700\u3082\u696d\u7e3e\u306e\u826f\u3044\u4f01\u696d\u306e\u30ad\u30e3\u30c3\u30b7\u30e5 \u30d5\u30ed\u30fc\u3092\u4f7f\u7528\u3057\u3066\u3001\u65b0\u3057\u3044\u30d9\u30f3\u30c1\u30e3\u30fc\u306e\u8cc7\u91d1\u3092\u8abf\u9054\u3057\u3066\u3044\u307e\u3057\u305f\u3002\u57fa\u672c\u7684\u306a\u8ca1\u52d9\u6570\u5b66\u5206\u6790\u3092\u884c\u3046\u3068\u3001\u6a5f\u95a2\u8eca\u3068\u6700\u521d\u306e\u8ca8\u8eca\u4f1a\u793e\u304c\u975e\u5e38\u306b\u53ce\u76ca\u6027\u304c\u9ad8\u304f\u3001\u65b0\u3057\u3044\u30d9\u30f3\u30c1\u30e3\u30fc\u3078\u306e\u6295\u8cc7\u304c\u3053\u306e\u53ce\u76ca\u6027\u3088\u308a\u3082\u306f\u308b\u304b\u306b\u5c11\u306a\u3044\u5834\u5408\u306b\u306e\u307f\u3001\u305d\u306e\u3088\u3046\u306a\u30b7\u30b9\u30c6\u30e0\u304c\u6a5f\u80fd\u3059\u308b\u3053\u3068\u306f\u660e\u3089\u304b\u3067\u3059\u3002\u79c1\u306e\u30e1\u30f3\u30bf\u30fc\u306b\u3088\u308b\u3068\u3001\u53ce\u76ca\u6027\u306e\u9ad8\u3044\u4f01\u696d\u306e\u5408\u8a08\u3068\u65b0\u8208\u4f01\u696d\u304c\u5fc5\u8981\u3068\u3059\u308b\u7dcf\u6295\u8cc7\u984d\u306e\u6bd4\u7387\u306f 3 \u3067\u3042\u308b\u3053\u3068\u304c\u3001\u5b89\u5168\u306e\u305f\u3081\u306e\u6700\u5c0f\u5024\u3068\u898b\u306a\u3055\u308c\u308b\u3079\u304d\u3067\u3059\u304c\u3001\u5f7c\u304c\u305d\u306e\u6bd4\u7387\u3092\u3069\u306e\u3088\u3046\u306b\u8003\u3048\u51fa\u3057\u305f\u304b\u306f\u308f\u304b\u308a\u307e\u305b\u3093\u3067\u3057\u305f\u3002<\/p>

      \u3053\u306e\u7406\u8ad6\u306f\u79c1\u306b\u5927\u304d\u306a\u5370\u8c61\u3092\u4e0e\u3048\u307e\u3057\u305f\u3002\u305d\u306e\u4e2d\u306b\u4f01\u696d\u306e\u30c1\u30a7\u30fc\u30f3 \u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3092\u898b\u3066\u3001IPO \u304c\u8d77\u3053\u308b\u305f\u3081\u306e\u6700\u521d\u306e\u969c\u58c1\u3092\u514b\u670d\u3059\u308b\u305f\u3081\u306e\u89e3\u6c7a\u7b56\u306b\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3068\u601d\u3063\u305f\u304b\u3089\u3067\u3059\u3002\u9577\u3044\u9593\u3001\u79c1\u306f\u3069\u306e\u3088\u3046\u306b\u3057\u3066 IPO \u3092\u30ab\u30b9\u30b1\u30fc\u30c9\u3055\u305b\u3001\u524d\u306e IPO \u304c\u6b21\u306e IPO \u3092\u5f15\u304d\u51fa\u3059\u3053\u3068\u304c\u3067\u304d\u308b\u306e\u304b\u7591\u554f\u306b\u601d\u3063\u3066\u3044\u307e\u3057\u305f\u3002<\/p>

      JOBS \u6cd5 (Jumpstart Our Business Startups Act) \u306b\u3064\u3044\u3066\u77e5\u3063\u305f\u3068\u304d\u3001\u5c0f\u898f\u6a21\u306a IPO \u306e\u30b3\u30b9\u30c8\u304c\u5927\u5e45\u306b\u524a\u6e1b\u3055\u308c\u3001\u30c9\u30df\u30ce \u30ab\u30b9\u30b1\u30fc\u30c9 \u30d7\u30ed\u30bb\u30b9\u306b\u3088\u308b IPO \u306e\u8cc7\u91d1\u8abf\u9054\u304c\u53ef\u80fd\u306b\u306a\u3063\u305f\u3053\u3068\u306b\u6c17\u4ed8\u304d\u307e\u3057\u305f\u3002<\/p>

      \u79c1\u306e\u6700\u521d\u306e\u30a2\u30a4\u30c7\u30a2\u306f\u3001\u6700\u521d\u306e IPO \u306e\u53ce\u76ca\u306e\u4e00\u90e8\u3092\u4ed6\u306e 3 \u3064\u306e IPO \u306b\u878d\u8cc7\u3057\u3001\u4ee5\u4e0b\u306e\u30b9\u30ad\u30fc\u30e0\u3068\u540c\u3058\u539f\u5247\u3092\u4ed6\u306e 3 \u3064\u306e IPO \u306b\u9069\u7528\u3059\u308b\u3053\u3068\u3067\u3057\u305f\u3002
      \"\"
      \u3057\u304b\u3057\u3001\u8a3c\u5238\u5e02\u5834\u306e\u898f\u5236\u3084\u958b\u793a\u306e\u89b3\u70b9\u304b\u3089\u591a\u304f\u306e\u554f\u984c\u304c\u3042\u308a\u307e\u3057\u305f\u3002<\/p>

      \u3053\u308c\u3089\u306e IPO \u304c\u898f\u5236\u5f53\u5c40\u306b\u3088\u3063\u3066\u4f01\u696d\u30b0\u30eb\u30fc\u30d7\u3068\u898b\u306a\u3055\u308c\u308b\u306e\u3092\u56de\u907f\u3059\u308b\u306b\u306f\u3069\u3046\u3059\u308c\u3070\u3088\u3044\u3067\u3057\u3087\u3046\u304b?\u3053\u308c\u3089\u3059\u3079\u3066\u306e\u4f01\u696d\u9593\u306e\u682a\u5f0f\u4fdd\u6709\u95a2\u4fc2\u306e\u6728\u306e\u8a95\u751f\u3092\u56de\u907f\u3059\u308b\u306b\u306f\u3069\u3046\u3059\u308c\u3070\u3088\u3044\u3067\u3057\u3087\u3046\u304b\u3002\u3057\u304b\u3057\u3001\u305d\u308c\u3089\u306e\u56de\u7b54\u306b\u5bfe\u3057\u3066\u3001\u79c1\u306f\u591a\u984d\u306e\u8cbb\u7528\u3092\u8acb\u6c42\u3057\u307e\u3059\u3002<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

      As discussed in my previous article \u201cIs your company ready for an I.P.O. Initial Public Offering?\u201d, the main barriers preventing an IPO to happen for a company which is ready, willing and able to pursue it are the following: The preparation cost of an IPO is prohibitive. There is no guarantee that the IPO will succeed. Bankers and other professionals putting their career at stake will not authorize the IPO without: Proper due diligence ensuring financial securities markets\u2019 safety; Validation of the business model; Sufficient revenue making the company at least cash-flow positive and if not profitable; Strong and stable growth. In other words, there must be no doubt that […]<\/p>","protected":false},"author":1,"featured_media":1657,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/posts\/1649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/comments?post=1649"}],"version-history":[{"count":0,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/posts\/1649\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/media\/1657"}],"wp:attachment":[{"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/media?parent=1649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/categories?post=1649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipoconference.com\/ja\/wp-json\/wp\/v2\/tags?post=1649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}