作者：yebo 来源：每晚一卷书 （ID: JYXZ89896） 洞见 （ DJ00123987 ） —— 不一样的观点，不一样的故事， 3000 万人订阅的微信大号。点击标题下蓝字 " 洞见 " 关注，我们将为您提供有价值、有意思的延 伸阅读。 白嫖远非简单的占便宜，而是一种深植于认知深处的扭曲逻辑： 总妄想以最低成本甚至零成本攫取资源、价值，却吝于付出应有的时间、金钱、精力。 一味白嫖，看似帮你节省了当下的支出。 但表面精打细算的省，实则是人生最昂贵的透支。 罗振宇曾指出，知识付费领域有个普遍现象： 免费课程的完课率，不足15%；而付费课程，则能达到60% 以上。 ♬ 点上方播放按钮可收听洞见主播韩丹 朗读音频 雨果曾说："贪图不花钱的东西的人，迟早要付出深重的代价。" 人最大的弱点，是想不劳而获的贪念。 这句话看似直白，却道破了一个足以毁掉人的思维——白嫖心态。 为什么呢？ 因为"零成本"获取的东西，往往难以让人投入足够的专注力去消化。 正如作家张萌所说：" 白嫖心态，是斩断成长路的无形刀。 " 在某论坛上，技术博主 @西南 曾分享过一套耗费月余心血、能高效解决某类工程难题的C++代码。 很快，就有人不 ...

Core Viewpoint - The trend of small and unprofitable companies, such as Monkey Tree Investment, seeking to list on NASDAQ highlights the exchange's leniency towards such firms, raising questions about the criteria for listing [2][5]. Group 1: Company Examples - Monkey Tree Investment, a Hong Kong-based company with only 3 full-time employees, has submitted its IPO application to the SEC for NASDAQ listing [2]. - Yimutian Inc, despite reporting net losses of 1.06 billion and 0.35 billion for 2023 and 2024 respectively, successfully listed on NASDAQ in August 2023 [2][3]. - MIBEE Aviation Technology Holding Limited, with just 15 employees, announced its NASDAQ listing plan in August 2025, aiming to raise $1.7 million [4]. - New Junyang Cashmere, a company with only 4 employees, successfully listed on NASDAQ in July 2025 [4]. Group 2: NASDAQ Listing Requirements - NASDAQ has relatively lenient financial requirements for listing, allowing companies to meet one of several criteria, including public float and market capitalization [5]. - The exchange emphasizes the completeness and transparency of information disclosure, permitting companies that are not yet profitable to list, particularly those in high-growth sectors [6]. - NASDAQ's flexible listing rules attract innovative and growth-oriented companies, providing them with opportunities for financing and market presence [6][7]. Group 3: Valuation and Shareholder Benefits - NASDAQ offers higher valuation opportunities for emerging and high-tech companies, which can lead to increased market value post-IPO [7]. - A successful NASDAQ listing can enhance a company's market value, facilitating future financing and improving negotiation power in mergers and acquisitions [7]. - The flexible listing requirements and lack of strict profitability criteria on NASDAQ align well with the characteristics of many emerging Chinese companies, providing them with a pathway to enhance global brand recognition and market competitiveness [7].