Global monopoly of technology

Investors are so happy, and Luo Sheng has no reason to hesitate. He quoted on the spot: "Transfer 12% of the equity to raise 600 million, with a valuation of 5 billion."

Hearing this number, Xu Chenghua let out a long suffocation in his heart, smiled bitterly in his heart, no money.

A group of investors silently compared it in their hearts. Luo Sheng's valuation of the company was about as small as their estimates, and slightly higher. But for VCs such as Goldman Sachs and SoftBank that are not bad money, it will not pass. More tangled.

At this time, Chen Tao looked at Luo Sheng and said with a smile: "Mr. Luo, I have no opinion on the valuation, but can I sell more shares, 20% to raise 1.2 billion, and the valuation is 6 billion."

Hearing this, Luo Sheng smiled and shook his head: "Mr. Chen, even if you are willing to give it, I want so much money to spend. This is not a waste of money. For the time being, it will cost 600 million. If it is spent in advance, Mr. Chen will follow up. The financing round cannot be absent."

Lao Chen just said casually, knowing that Luo Sheng is the master of personal little ghosts, a rare and extremely cunning little fox, and it is more difficult to take advantage of him than to get to the sky.

The other people in the meeting couldn't help but slander. It was a hell of a life. There was a horse boss who used to be Alibaba, but now another one has appeared. This year, there are still investors who think that the money is too much.

What's more terrible is that the founder over there still feels that the money is too much?If this spreads out, how embarrassing the entrepreneurial team who hopes to get investment all day long.

You know, the current market, although the industry is saying that the cold winter is over, it is picking up.

But you only need to look at how many companies have financed in the capital market. It is still cold, and it is more difficult for many companies to obtain loans and raise funds than to get to the sky.

As for Bluestar Technology, that is an exception.

There have not been too many accidents. The major VCs read the audited financial statements prepared by Luo Sheng. After the third-party auditing team they sent to verify, everything is completely consistent. Luo Sheng did not fool anyone, and the investors also There were no doubts, and a consensus was quickly reached.

This round of financing was led by the newly entered Goldman Sachs Capital, and the efficiency is much faster than the previous pre-A round of financing.

Except for Goldman Sachs Capital, the six newly joined VCs are basically unable to intervene. It is as simple as giving money and equity. I disagree. Li Yan and the others are eager to share this cake. Bluestar Technology is now a favorite of the capital circle., the kind that does not have too much to come, is the most dazzling new star under the current sluggish market.

After the A round of financing, the equity structure of Bluestar Technology is as follows:

Option pool reservation: 12.276%

Luo Sheng: 64%

Teng Xun: 9.37%

SoftBank: 4.45%

Goldman Sachs: 3.35%

Venture Capital: 3.13%

IDG: 2.8%

Other: 0.624%

The 12% equity transferred in the A round of financing will also automatically be converted from Class B equity to Class A equity without voting rights.

The major investors contributed capital according to their shareholding ratio. About two hours later, Luo Sheng and major investors completed the signing of the agreement, and the funds would be credited to the company's account on time after ten days.

The 600 million fund is not a small amount. Naturally, it takes some time, but the efficiency is also very fast.

With the successful completion of the A round of financing, soon after the signing ceremony was completed, the news has spread in the industry.

Bluestar Technology successfully received 600 million, excluding exchange rate changes equivalent to about 72 million US dollars in financing, the company is valued at 5 billion, and it is the only unlisted company in the domestic Internet industry with a valuation of more than 5 billion.

Just a few days after the behavioral news here, it was revealed that another well-known Internet company had completed a large-scale financing, that is, Alibaba successfully obtained the third round of financing of 82 million US dollars. Bluestar Technology also added 10 million US dollars.

This news came to Luo Sheng's ears, and he was quite surprised, because he remembered that Ali Baba's third round of financing should start next year, and it is obviously more than half a year earlier.

Luo Sheng discovered that it was mostly because of his appearance that the world had quietly changed.

Before and after the birth of the two huge financings, they almost occupied the headlines of the industry news. Among them, people paid special attention to SoftBank Capital and found that these two huge financing events, SoftBank Capital participated.

SoftBank has invested more than US$15 million in Bluestar Technology, which is second only to Goldman Sachs Capital's single investment in the Series A financing. Among the US$82 million financing of Alibaba, the SoftBank family smashed US$60 million.

Within a few days, the news of the third round of financing broke out, that is, Shanda Company. The VC participating in the financing has the shadow of Goldman Sachs and Softbank Capital.

Wall Street is particularly keen to invest in domestic Internet startups. The birth of these three investments has once again heated the Internet industry.

The four most famous unlisted companies in the Mainland are Baidu, Tengxun, Ari, and Bluestar. The media in the industry have become accustomed to listing these four companies as "BALT", which they call the four unlisted domestic Internet companies. The big giants are all favored by the investment community.

Among them, the most talked about is Bluestar Technology and founder Luo Sheng. From the establishment of the company in February to the moment it received the same third round of financing of 72 million US dollars, it was less than eight months before and after. The three Internet companies have been established for more than three years.

The rapid rise of Bluestar Technology is on the one hand, and on the other hand, the reason why the world has attracted attention is that the founder Luo Sheng, who dropped out of Fuda to start a business, is still around 19 years old.

At this age, everyone else is gilded and in love on the university campus, and he has founded a company valued at 5 billion.

Don't be too topical.

However, as far as Yu Luosheng is concerned, he has not paid attention. The media really wants to interview him. Many media organizations have sent out invitations to conduct an interview with him, but obviously, he has no time to accept this meaninglessness. Interview.

...

In early October, Jinmao Building, Bluestar Technology Corporation internal high-level meeting.

Luo Sheng held a meeting. The senior management of more than ten companies, including Xu Yong, Feng Yi, and Qin Weimu, arrived in the meeting room on time. The current core management team of Bluestar Technology Co., Ltd. was promoted by half and half by internal promotion. They are professional executives selected through commissioning headhunting companies. Most of these professional executives are under the age of 35. They are domestic and foreign executives who joined the company a few days ago.

From the very beginning, Luo Sheng’s structure has focused on globalization. As the company has grown, overseas employees are definitely indispensable.

As the meeting began, Chief Operating Officer Zhang Bowen took the lead and briefly reported a basic data: "As of now, the number of global users of Bluespace (the overseas version of Bluespace) has exceeded 100 million three days ago, among which overseas users Reached 6.5 million, and the North American market reached 4.75 million."

Luo Sheng, who was sitting at the meeting chief, nodded and said to everyone: "Everyone here is the core management of the company. We can’t regard BlueSpace as a service, a simple website, but a basic platform. The scale will be as large as the Internet itself, which is the ideal we strive for-to link all mankind."

Speaking of this, Luo Sheng looked at the only foreign executive who attended the meeting and said: "... Therefore, the expansion of overseas markets cannot be slowed down, but can only be accelerated, and investment cannot be small, but can only be increased. The company won 72 million U.S. dollars, and the company will not be short of money before the end of this year. Pay attention to the localization of products. Overseas expansion mainly focuses on hiring overseas employees, and set up cross-divisional departments to respect localization and local cultural customs. I The requirements are simple, dominance!"

Luo Sheng faced everyone at the meeting and added: “The company’s next core strategy is still to expand and open to the public. It just so happens that it’s not that it has received a lot of feedback from users. Add them to their friends. The company’s expansion plan focuses on the Greater China region and takes into account overseas markets. Our company is positioned as a global Internet technology company. If we only focus on a single regional market, then we are talking about connecting all mankind."

At this time, the only white executive of the company, named George Charles, spoke. He looked at Luo Sheng and spoke in English: "Uh, if I take the liberty to interrupt you, BOSS, but I think there is something worth telling you. report."

Speaking of it, it’s not easy to land in North America for the blue space to go to sea, but at any rate it was successful across the sea. This time, Goldman Sachs Capital supported it. Many Wall Street investment companies led by Goldman Sachs endorsed the North American market. Business expansion is also even more powerful.

Luo Sheng looked at George and naturally stretched out his hand to indicate: "Please speak."

George Charles nodded, and then said: "According to the information I have obtained, last month or around September, Silicon Valley gave birth to a website very similar to BlueSpace's social model, and received $2 million in venture capital. "

Luo Sheng couldn't help but raised his brows, and "Facebook" appeared in his mind for the first time. Could it be Xiaozha that jumped out?

After a while, Luo Sheng asked: "What is the website? Who is the founder?"

But even if he jumped out, Luo Sheng was confident to press him on the ground and rub him.

George Charles responded immediately: "The domain name of the website is [MySpace.com], and the founder is Chris De Wolfe. I visited this website. It can provide users with friends, personal information sharing, instant messaging, etc. A multi-functional interactive platform. By creating a private community on MySpace, you can share photos, logs and hobbies with mutual friends, see which friends each other has, or see how everyone connects..."

Xu Yong, Feng Yi and others in the conference room could understand English, and they were all stunned when they heard George's words.

After a moment of silence, Xu Yong said helplessly: "Yes, there is a renren.com in China, and there is a 51. Now the largest overseas single market in North America, a MySpace.com has also emerged. The industry is ready to iron. My heart wants to touch my Bluestar Technology to cross the river. These people are behind us. If you accidentally stabbed you in the back, Mara has a hip."

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