Global monopoly of technology

Chapter 17 [Invest while suppressing]

Bluestar Technology Studio.

At this moment, several team members, including Lu Siming and Feng Yi, surrounded Xu Yong's back, and everyone's eyes were fixed on a piece of paper in Xu Yong's hand.

Feng Yi: "Really a cash check for 1 million?"

Lu Siming: "It's not true."

Xu Yong: "I am holding the biggest sum of money in my life, a full 1 million!!!"

Everyone surrounded Luo Sheng. Two sisters, Irene and Su Yali, stared in their eyes, full of worship.

"Hey boss, I can't figure out that we can get 3 million investment, why you refused to only need 1 million? This is too...this is not scientific, this is not human." Lu Siming couldn't help but said.

In fact, this is something that everyone doesn't understand, but the team members didn't speak at that time, and they couldn't speak up at that time. Now that the VC is gone, everyone has solved the doubts in their hearts.

Xu Yong gave the check to Luo Sheng. The latter flicked the check, staring at the denomination on the check, and said: "Never think of taking advantage of it. You can take advantage of it when you see it. Generally speaking, In the event of an accident, there are often traps behind it. Even if it is not, the gains will not be worth the losses. We are now taking advantage of the small gains and will suffer big losses in the future. We are a start-up team, and in the early stages of the company’s development, we don’t know how to use the money really effectively The leverage of capital."

"Capital can be a life-saving medicine, but it is more often a deadly poison. If it is not used in place, it will be harmed. Taking less money will not only avoid this invisible harm, but also use the value of capital in a gradual and orderly manner, so that capital can be used by me instead of Become a slave to capital."

"If I now take 3 million, I will sell 24% of the company's equity according to the valuation after the financing, but I take 1 million and only sell 8% of the equity. The valuation is 2 million less but it doesn't matter. We First use this money to make the company run better and healthier. When I spend all this money and then look for VCs for pre-A rounds of financing, the negotiation has a bigger bargaining chip, and then we may get 50 million pre -A round of financing but the transferred shares plus angel round financing can also be controlled below 20%."

Hearing what Luo Sheng said, everyone suddenly realized, but he did not expect him to be so long-term and thoughtful. Irene's white hands held his chin in his undisguised admiration and said: "Brother Luo, you are so amazing~~, besides computer professional, not only can he play The piano can compose excellent piano music, how can you still have such a deep study of law, it seems that you are born with everything..."

"Uh..." Luo Sheng coughed a few times. Naturally, he couldn't tell him that I was a soul from another world. He immediately smiled: "I don't know how to exaggerate the legal affairs. I really understand the legal issues. I am influenced by my mother. She is a very good professional lawyer and a consultant for several large companies. Besides, she is born without being born. If you want to say that people are born with something, there are only two things?"

Irene: "Which is different?"

Luo Sheng was silent for a moment, and said with a smile, "Wow, cry and eat."

"Haha~~"

"It makes sense, I was speechless."

They didn't know that the news of obtaining Tengxun's angel round financing appeared on the news of the Internet sector the next day, and this was further concerned by the Internet and investment circles.

In fact, there have been a lot of relevant news about blue space websites in the Internet sector. In the case of the industry's downturn, blue space websites are like a ray of dawn. Although the volume is small now, no one cares about this. What you care about is the growth rate.

And its growth rate is undoubtedly envied by many people in the industry, and more and more people in the industry have begun to analyze and research blue space websites. This is inevitable.

...

Teng Xun headquarters.

"Blue Space will definitely become QQ's biggest competitor in the future? Do you really think so?" President Ma looked at Xu Chenghua who was reporting back to the headquarters in surprise.

"Yes, it's still in the early stages of development. I can't come up with reliable and convincing data to support my judgment. But as far as my personal intuition is concerned, this team, especially the young man Luo Sheng, the founder, gives I feel like a born entrepreneur and leader. I think we should raise the blue space to the strategic level of the company and pay attention to it. We have already neglected it once more than a month ago, and the same mistake cannot be made a second time. ."

Xu Chenghua said so and nodded affirmatively.

Mr. Ma, sitting in the boss’s chair, couldn’t help covering his mouth with his hands, “From what you just described, Luo Sheng, a young entrepreneur, is indeed impressive... It makes sense. The same mistake can’t be made a second time, since the acquisition plan If you fail, then concentrate on launching our R community, let the person in charge of this project advance some time, not to delay, and give me half a month to spell it out, and the person in charge who can't spell it out will voluntarily resign."

R community, this is a brand new website of Tengxun, namely renren.com, which was born after imitating B community.

Mr. Ma added: “However, the investment in Bluestar Technology cannot be left behind. In the subsequent rounds of financing, our company must actively participate in it. At the same time, it must be fully suppressed without reservation. If you can’t kill it, you will die. hit."

Xu Chenghua nodded: "Understood!"

While frantically suppressing, Bluestar Technology has to be short of money and don't hesitate to invest money in the other party. This seems contradictory and incomprehensible.

But this just shows the pattern of big brothers, so if the R community wins, it will be a complete victory. If the R community loses the competition, Teng Xun can never be said to be a loser, because Teng Xun is a blue star. Major shareholder of technology.

From the perspective of investment and operation, the two-handed preparations seem to be contradictory, but they perfectly hedge the potential risks as much as possible. If R agency fails to compete and fails to invest in Bluestar Technology, it will be complete for Tengxun. Failure, even catastrophic.

As far as the current Internet industry is concerned, any Internet company has now achieved the top spot in the industry and dare not pretend that its leading position is unbreakable.

Mr. Ma is also an entrepreneur. Teng Xun has not yet been listed, and he was almost dead in the early stages of the company's development. The sense of crisis is a problem he often thinks about.

...

Time passed day by day, and half a month later, Tengxun launched their new product. The R community quietly went online in a rush. The R community was launched in advance in colleges and universities that had not yet launched the B community, and QQ used its user base advantage to attract traffic.

The first strong competitor of Blue Space finally appeared, and the comfortable expansion era lasted for a month and a half, and the curtain came to an end with the launch of the R community.

With the launch of QQ renren.com, the R community, under the dual advantages of Tengxun’s drainage + strong capital, and adopting the strategy of avoiding direct competition with the blue space, first grabbing the blank market, the R community The user growth of is also climbing with an amazing efficiency.

Within one week of launch, the user growth rate exceeded 200,000, and within half a month it broke 500,000. Although this growth momentum is slightly weaker than the current B community, it is relatively speaking, which is actually very amazing. .

If the popularity of the B community has shocked the industry and has not yet reacted, the launch of the R community has undoubtedly ignited the enthusiasm of the entire industry.

After the launch of Agency R, other follow-ups no longer hesitate. In a certain development studio, a project called [51 Personal Space] was established, and similar projects such as [Campus Network] have also been established...

...