Abstract
With the increasing demand for consumer virtual entertainment products, the network audio industry has ushered in huge development opportunities. At the same time, having sufficient funds is a necessary prerequisite to ensure that companies in the network audio industry seize opportunities and take the lead in seizing the market. Subsequently, more and more companies in the network audio industry are seeking to raise funds through initial public offerings. However, the network audio industry is a content provider based on the Internet, which has characteristics such as high initial investment and long profit cycles, resulting in lower IPO pass rates than the overall level. This study delves into the reasons for the IPO failure of Himalayan companies and further proposes specific countermeasures. Finally, based on the case of Himalayan companies, the article provides some suggestions for other network audio industry companies that want to go public and raise funds.
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