From a loss to the market value of 6 billion dollars! After the world's first wearable Fitbit market, its investors to see how?dark horse, said: Last week, I read the Fitbit listed S-1 documents. Needless to say, Fitbit has been established in more than eight years, we have made remarkable achievements. Fitbit has been committed can be connected to equipment in the field, and the successful development of the company's upcoming, any company's founders can learn a lot in the Fitbit story. Wen | GGV Capital managing partner of Green \u0026 middot; Solomon Here are some of my collection to their S-1 document valuable lessons: First, the leading market share in the Fitbit's S-1 document can be seen, Fitbit in Nike Shoes Global 2014 The health campaign tracking product market gained 68% of market share. In Nike Air Max 2015 Women the past few years, both in market share and in terms of revenue, Fitbit has experienced rapid growth. As I said before, in the technology industry, the market share leader in the market value and its market share is disproportionate. So listed Fitbit will bring about changes to the company, let us wait and see. Second, market expansion Nike LeBron 12 is no doubt, Fitbit has since its inception, has been actively expanding Nike Air Max 2013 (Mens) its product line, and now, the company has developed a variety of motion tracking products. In addition, Fitbit has launched its own intelligence body weight and fitness applications recently acquired Fitstar, Fitstar this mobile application Nike Air Max 95-360 (Mens) provides users with a health content services for Fitbit introduction of a large number of users. I think investors will likely ask a question that in the long view, fitness activity tracking products market size in the end to have much. Fitbit's team has been very good, by endogenous growth and development of the ecological chain, they Nike Zoom Shoes try to expand their potential market. Third, growth \u0026 Operating leverage Fitbit in unit volume, active paid subscribers and revenues have a very significant. Fitbit 2014 revenues increased by nearly 175% in 2015 first quarter revenue growth of over 200% (although the 2014 first quarter revenue may be the impact of product recalls). Revenue in the company's sustained and rapid growth, the company's profits and cash flow are growing steadily. Adjusted EBITDA was $ 191 million in 2014, whereas in the first quarter of 2015 was $ 93 million. The first quarter of 2015, generated by marketing more than 30 million US dollars in cash flow. Fourth, financial history from the recent news of view, all unicorns and financing more than 100 million dollars or Pre IPO companies, financing history Fitbit is very unique. Kobe Bryant According Crunchbase records, Fitbit just before the IPO to raise $ 66 million in venture capital, including in the mid-2013's $ 43 million D round of financing, when the market value per share of $ 2.21 on a fully diluted basis of assessment a value close to $ 300 million (calculated at the current number of shares). So from combinations of any EBITDA and earnings point of view, Fitbit seems to have become a unicorn through the IPO is expected to bring huge economic returns for its investors each wheel. Fitbit's two founders James Park and Eric Friedman in the S-1 document stressed that the company's journey has just begun. IPO will become a milestone in the history of the company, they want to be able to continue to focus on long-term development, in thanksgiving past achievements, to focus more on the company's long-term development and transition, stay humble. Since I had previously and Park worked for some time, and it all looks very reasonable \u0026 mdash; \u0026 mdash; he is an aspiring person, a man of vision, but also have to do things according to the evidence of a person. I think that public investors should be willing to support Park and Friedman and the team. Connect equipment market growing at an astonishing potential and investment will also be fueling the temptation to attract more investors. That is to say, Fitbit will be New Nike Air Max 2015 Women in a public company is facing challenges in the future. Fitbit has several lawsuits about product recalls. Competition is everywhere. In the future, Fitbit will be in a public company to meet the challenges. Fitbit has experienced several lawsuits on product recalls. Competition is everywhere. Anyway, I'm looking forward to seeing Fitbit as a public company will create what kind of future. Disclaimer: Nike Shoes The author is Air Jordan XX9 the managing partner of GGV Capital Green \u0026 middot; Solomon, carried GGV Capital GGV public number (GGVCapital). GGV Capital is a venture capital fund to invest in China and the US, investment intelligent wearable manufacturer Misfit and Tile in IOT fields. Independent article represents only the author point of view, do not represent the views and positions horse i, i horse Rights Reserved For reprint please contact zzyyanan authorization. Unauthorized Bhd.