Why Flix Postponed Its IPO Plans

The transcript discusses a company's initial plan to go public with an IPO in Frankfurt, viewing it as a financing event rather than a strategic goal. However, due to unfavorable market conditions, the company decided to postpone the IPO and instead sold a 35% minority stake to EQT and Kuna Holding. The decision was based on the current market readiness and the opportunity to partner with these investors. The company maintains a long-term vision, believing it could eventually go public, emphasizing its potential to last for generations.

What was the primary reason the company viewed an IPO as a financing event?

• To enhance brand recognition

• To increase market share

• To secure necessary funds

• To expand globally

Why did the company decide to postpone its IPO?

• The IPO market was not favorable

• They wanted to focus on internal restructuring

• They found a better location for listing

• They lacked investor interest

What was the alternative to the IPO that the company chose?

• Entering a new market

• Merging with another company

• Selling a minority stake

• Launching a new product line

What was the valuation of the minority stake sold to EQT and Kuna Holding?

• €1 billion

• €2 billion

• €3 billion

• €4 billion

What is the company's long-term vision regarding its presence in the market?

• To remain private indefinitely

• To eventually go public

• To focus solely on local markets

• To diversify into unrelated industries