In my personal assessment based on the little knowledge I was able to gather in general regarding IPO- it means you go on the stock market. Meaning BTS (because that’s where BigHit is getting the money from) will not just be a piece of meat, they will be a stock that people are able to buy and sell. It has the advantage that you can basically make billions by doing nothing. It’s what people like Gates, Soros, Buffett, Murdoch, Bezos etc are doing. Their wealth doesn’t come from their sales. Their wealth comes from diverse tradings on the stock market which is the business of speculating. For example: if I were to have 100 stocks in Apple before they introduced the first iPhone and I would have purchased those stocks for 100$, the value of those stocks would have been (I speculate here) 10.000$ (10 times more) after the announcement because their increased sales. Those trade things aren’t a real thing. You simply speculate about the value of something.Im confused is bighit going bankrupt? And so they are overworking bts for the IPO?
I could have also bet against their losses and win 100.000 for the same 100 I have paid because their stock market value went down due to Corona.
Bang Si-Hyuk trading publicly (this IPO) with BTS aka BigHit means people like you and me would be able, or would have been able to buy a share in BigHit, let’s say again 100$, and every time they “break a record”, or selling stuff, etc the value of those shares would increase. At some point you could sell those shares and make a profit.
If they would have done this as planned before the tour, Bang Si-Hyun would have made billions just by selling shares of the company, with the intent to milk as much as possible out of BTS before Jin leaves.
Now, those plans are canceled for now because the interest is not there. BigHit is BTS. If BTS does not perform, there is no income. They aren’t bankrupt. The interest of people buying shares would probably be now very small. It was already problematic because BigHit only exists as long as BTS does. Bang PD is milking as much as possible because even if one member dies - he would still make tons of money.