If you like this article, please click on theFollowTo enhance your reading experience, thank you for your support and encouragement!Preface:An emoticon pack with the phrase 'never sleep again, water drops ready to see you' has been popular on the internet before. Originally, this meant to warn people to go to bed early, but it is not difficult to find,The core rescue, fundraising and other concepts of Water Drops have deeply rooted in people's hearts,People with serious illnesses have long regarded water drop fundraising as the main way to raise funds

If you like this article, please click on theFollowTo enhance your reading experience, thank you for your support and encouragement!

Preface:

An emoticon pack with the phrase 'never sleep again, water drops ready to see you' has been popular on the internet before. Originally, this meant to warn people to go to bed early, but it is not difficult to find,The core rescue, fundraising and other concepts of Water Drops have deeply rooted in people's hearts,People with serious illnesses have long regarded water drop fundraising as the main way to raise funds. Originally a platform that benefits the poor, it has been questioned by people due to its listing.

Is it a profit organization or a public welfare organization? Shen Peng, the founder of Shuidi Chiao, gave an answer:It's not a charitable organization. This also explains why a crowdfunding platform is listed on the NYSE American. It also needs to eat, and it also needs to live! However, using commissions from public donations as a profit channel cannot help but make people feel regretful!

Listing arouses external doubts

Someone commented,How can a commercial company raise funds in society?When Waterdrop was first established in 2016, the public was relatively reassured that the people seeking help on it were real and there was no cheating behavior. However, a few years later, crowdfunding quietly changed its flavor.

Everyone didn't expect that Shuidi Chiao could still become a chain of industries, with various online ghostwriting and help seeking copywriting, as well as various insurance products, spending money to expand exposure, and so on,People are beginning to question whether all the donations made in water drop fundraising have been actually used.

People speculate that only a small portion of the donated funds may have gone to the hands of the person seeking help, and Shuidi raised the majority, as confirmed by online sources,The proportion of water droplet extraction is between 30% -70%With such a high proportion, is Waterdrop Fundraising a company solely established through public donations? So what's the difference between this and asking for food directly?

Faced with various doubts, Shuidi Chiu did not respond positively. In June of this year, Shuidi Chiu quietly listed on the NASDAQ stock exchange in the United States. I thought this public opinion storm would have a certain impact on the development of Shuidi Chiu,But it successfully went public on NASDAQ, and netizens joked: cutting domestic chives and going out to be cool!

In fact, in the past, people generally recognized water drop financing. At that time, there was no professional crowdfunding company in China, and the emergence of water drop financing undoubtedly gave ordinary people hope for life when they fell ill. However, it later changed its business model,The commission drawn from it directly led to the successful listing of Shuidi Chiao,People say that it goes public on the conscience of the people.

Nowadays, most of people's trust in Water Drops has been worn away. In the past, when they opened their social circle and saw the help provided by Water Drops, they would click in and take a look. However, now when they see it, people feel it is very untrue,Rather than letting Shuidi raise earn commissions from it, it is better to directly transfer funds to the person seeking help.

At first, people thought that as much as they donated would go to the hands of those seeking help, but now they all feel that it is too simplistic. Businessmen are indeed business people, without any benevolence or righteousness in them,Their only purpose is to make money!So don't imagine a crowdfunding platform to be so tall, it has no essential difference from an ordinary company.

Respond

View the recent transaction data of Shuidi Chiao,The latest total market value has reached 782 million US dollarsHowever, compared to the previous valuation, Shuidi Chiao has still shrunk significantly. As of last year, Shuidi Chiao has been in a loss state. The relevant person in charge stated that they will change their business strategy to achieve the goal of turning losses into profits.

People suspect that this change in strategy is nothing more than raising the commission ratio again, turning public welfare into a business, no wonder it has been losing money. Many people now say that Shuidi Chiao is a scammer and will never donate a penny in the future!

One wave did not calm down, and another wave arose. Someone discovered that,A large number of staff posts have appeared in hospitals asking patients in the wards to send water drops to raise funds for assistance,If successfully released, it will also earn over a hundred commissions and allow patients to purchase the insurance inside, which makes people feel that water drop fundraising has become a tool for those with intentions to make money.

In response to many issues, Waterdrop has issued a statement stating that the so-called fundraising intermediaries are operated by some malicious third-party organizations and have no relationship with Waterdrop. They will also reserve the right to pursue legal action and allow the public to monitor any behavior of the platform in a timely manner. This statement is not accepted by netizens, as they believe that Waterdrop is just engaging in business activities under the guise of crowdfunding.

Of course, we do not deny that the emergence of Waterdrop fundraising has indeed saved many families, and its right side is worth encouraging. However, compared to its inception, Waterdrop fundraising now places more emphasis on how to make profits,It has completely transformed into a mature business system.

Conclusion:

Since its establishment in 2016, the topic of water drop fundraising platform has been attracting the attention of society. However, since its inception as a small crowdfunding platform,Shuidi Chiao is now a company with a market value of billions. We do not deny that a company must make profits in order to survive, but the most important issue that Shuidi Chiao should solve is how to make profits.

There is an ancient Chinese saying that those who win the hearts of the people win the world. This is also true for enterprises. If a company has a poor reputation in society, it is normal for the company to go downhill. We also hope that Waterdrop Capital will face its own problems and make creating value for society its goal a wise move.

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