Global monopoly of technology

Reddit's positioning is very special. It is the source of fresh web events and hot events. It is also the most interesting place in the Internet world and a highly organized link hub.

Everything is divided into sections, which contain links that are rich in specific interests in that section, which is exactly the same as the model of the post bar.

Each section focuses on a specific type of content, and the coverage is extremely broad, including not limited to news, shoji, sports, music, games, etc., whether you are an antique lover, a plant lover, or a niche music , Can be found here or create corresponding sections.

Of course, more importantly, you can find people with similar interests through Reddit.

Reddit attracted much attention from the industry when it was just launched, because it is almost completely opposite to BlueSpace, the most famous product of Bluestar Technology. At first, the media was quite affirmed of Bluestar Technology's innovative capabilities.

But as the website went live for a week, the wind reviews suddenly changed. A large number of mainstream media in Europe and America criticized Reddit, which caused a lot of bad reviews in a short period of time. Soon, the corresponding users also cursed this is simply the worst in history. website.

There is an animal section on Reddit, and the creator stipulates that only cute and positive photos of animals can be posted here.Pets that are sick, dying, and have just returned from the hospital are not allowed to upload here.

But there are always a few troublemakers who like to base their happiness on others’ pain. They just don’t listen or follow the rules. Some people even post Seqing pictures on them, and they immediately talk to the administrator after they are deleted. Hard steel, because it is an anonymous mechanism, is even more scrupulous.

The mechanism used by Reddit is quite "willful". As long as you register a username that no one else has used, you can join. In other words, as long as you are happy, creating N accounts is also very simple. It is not a real-name system like the blue space. .

The anonymity mechanism allows people to easily disguise themselves on Reddit. When netizens realize this, the evil side of human nature is gradually revealed here.

In March, the Reddit website moved forward amidst amidst verbal abuse and criticism. Many voices called on the FBI or any department to take a trip to Menlo Park and shut down the website forcibly.

These were already expected by Luo Sheng, so the company also hired a professional legal team in the North American branch. Although it costs a lot of money, it is necessary to raise such a strong legal team, especially In the European and American markets.

The legal team will only get bigger.

Although North American netizens and some media were hostile to Reddit, they failed to shut down the website.

By querying the traffic ranking of the Alexa website, you will find that Reddit's activity and traffic are constantly rising amidst verbal abuse and bad reviews. There is a tendency to become more and more popular.

By mid-March, the number of users on the Reddit website exceeded one million, which made the industry eyeball.

Reddit takes advantage of the trend to introduce new features, anyone can post any link, and the link with the most "likes" will rise to the top of the page.

The launch of this feature has gone to the other extreme. On the one hand, Reddit’s activity has skyrocketed and become very energetic. On the other hand, it has caused negative situations because the website does not restrict registration, "Water Army" This thing began to appear naturally on Reddit.

Some navy organizations have a clear division of labor. They first madly register accounts, and then slowly "raise accounts". When navy forces act, first let one of them express opinions on a certain topic, and others will operate a lot. If your account likes this topic to increase the popularity, it will be pushed to the homepage, and finally achieve the purpose of publicity.

Reddit is simply a community of demons dancing. This is the freedom given to it. As its popularity gradually spreads, Reddit's traffic is growing rapidly, and it has the potential to become a super community.

It is difficult for some senior practitioners in the industry to tell exactly what type of website Reddit is, because it is so malleable that it contains various forms and elements.

Some netizens who were madly criticized by the media and screamed by the users themselves, some netizens screamed that Reddit was the most shabby website in history. They visited on Reddit backhand, and when they were upset, they sprayed backhand on other people’s boards. After a wave, or doing something that makes others super unhappy, I feel much better.

This is an online community of "come, hurt each other".

With the passage of time, foreign netizens who eat melons cursed and cursed, but the number of times they used to open Reddit.com was quietly increasing, and they also shared some "sand sculptures" incidents on the blue space, indirectly making others also Aroused curiosity, this chain reaction is driving a rapid surge in Reddit's traffic.

Although users have great freedom here and the cost of their speech is extremely low, the website still prohibits some absolutely taboo topics, such as anti-human things, and North American people avoid them. Sub-nationalism, discrimination and other issues.

If you don't pay attention to these issues, it's not that the media has spouted, but the website may be forced to shut down, and the lawsuit will not be won.

However, this does not prevent North American netizens from using Reddit more and more frequently. Gradually, from the US foreign policy to the cute photo of a pet, users can madly like or dislike it.

That's right, the blue space only has the like function, but the "dislike" function on the Reddit website is even more effective than likes in increasing website activity.

From time to time, some talented comments will pop up, and they will quickly spread across the Reddit website, and even spread to other corners of the Internet to become popular stories.

The emergence of Reddit and its signs of becoming a hot product also surprised Silicon Valley. The domestic Internet community is also paying attention, but this time no one dared to imitate Reddit and set up an anonymous community website that gives users great freedom in China. .

Was called to stop in minutes.

However, the Reddit website is obviously similar to Yunge Tieba in many places. It is the "Europe and the United States Tieba" created by Luo Sheng for Internet users in Europe and the United States, and Yunge Tieba is currently operating in an orderly manner. Yu Jun is planning with Li Mingyuan. The operation of the entertainment event "Super Girl".

For the Reddit website, Luo Sheng doesn’t actually pay much attention to it. The outside world is looking at this website again and again, but he knows that Reddit’s traffic monetization ability is relatively poor, and it is difficult to accurately place ads and attract ads. the Lord.

However, Luo Sheng didn't expect to rely on Reddit to directly bring him much benefit. What he likes is the traffic here. The Internet must be the traffic king. Create a traffic moat. If the traffic cannot be realized here, then it will be drained. Other places are still realized.

After all, it is a common phenomenon in the Internet field that wool comes out of dogs.

When the time came to mid-March, Luo Sheng had already withdrawn from the development sequence, and the development of Bluestar Music (MusicSpace) and Bluestar Video (BluestarVideo) was handed over to Xu Yong to lead the development team to continue development.

And Luo Sheng, who pulled out, had more important things to plan.

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Bluestar Technology Company, Board of Directors.

"What? The company enters the ICT field? With all due respect, Chairman, you have made great achievements in the IT Internet field. There is no doubt, but I don't think the company can still achieve the same achievements in the ICT field."

At this moment, the board of directors was in an uproar. The other five directors at the meeting were all investors' interest agents, and they all looked at Luo Sheng with an incredible expression.

Because he just suddenly proposed that the company should enter the ICT field. To be precise, Luo Sheng clearly expressed his desire to play semiconductors and hardware R&D technologies, and he would spend 100 million US dollars in this field.

This group of VC agents was stupid on the spot when he heard him make such a decision. A pure Internet company, established for a little over a year, does not have any technical reserves or related resources in the ICT field, let alone 100 million US dollars, even 10 It is impossible for billions of dollars or billions of dollars to be famous.

This is floating.

The investment of hundreds of millions of dollars in funds is absolutely silent. There is no doubt that Luo Sheng's proposal was opposed on the spot by all outside directors, and they were unanimously opposed.

Even if you know that you can vote by voting, you may not be able to stop it, but the attitude of safeguarding the interests of shareholders you represent is very important.

This was all within Luo Sheng's expectation, and fierce opposition was right, and this was the only way to enter the mediation later.

Luo Sheng said with a look of harmless humans and animals: "I will enter the ICT field anyway. Since investors are afraid that I will defeat Bluestar Technology, I will use my own money to toss, but I don’t have so much money. , But I have the equity of Bluestar Technology. I can transfer part of the equity of Bluestar Technology held by myself and let the representatives of the investors buy it, otherwise I can only let the company enter this industry."

The several outside directors who attended the meeting looked at each other, all of whom said nothing, but in their hearts they cursed Luo Cheng, a shameless dog.

This is a threat of liquidation. Forced buying and selling. Equity transfer is not financing. The financing money belongs to the company's money, and VC bought Luo Sheng to transfer his personal equity, which means that the money belongs to him and does not belong to the company. property.

There is no doubt that for investors, it is an increase in risk leverage.

Yes, now it's hard to ride a tiger, investors are dumbfounded, and they never dreamed that Luo Sheng would play this floating.This much money has been smashed on him, and a penny has not been recovered yet, and there are not enough voting rights to check and weigh him.

There are two choices before VCs. The first option is to treat this investment project of Bluestar Technology as a bad debt. If someone accepts it, the equity will be transferred at a low price. If it cannot be transferred, it will be a bad debt. You can invest in Bluestar Technology. VC is the world's top VC, even if they sell it means that if they are not optimistic, no one will dare to take it, so they can only be regarded as bad debts.

What makes VCs entangled is that the outstanding performance of Bluestar Technology itself is undeniable. It's just that Luo Sheng's brain circuit is suddenly stuck or he is going to ICT to toss, but he is playing well in the Internet world. It cannot be denied at all.

With such a nerve-knife founder, he still firmly controls the company, and VC hasn't been able to intervene yet, can he not get entangled.

And the second option is to get on his thief ship and just go all the way to the black, take a few times the extra leveraged investment risk, give him the money, let him go to ICT to toss, and he will lose everything Sheng bears all the risks by himself, and these risks need not be passed on to Bluestar Technology.

The several outside directors present really didn’t understand that Luo Sheng could be so strong, and would rather transfer her own equity to spend money to play ICT. I really don’t know where she came from her self-confidence, so what would come from IBM and Intel. , Qualcomm, TI and other giants compete.

In the eyes of these outside directors, Luo Sheng's move was a proper giveaway.

"I have decided. Now I formally propose to hold an extraordinary shareholders meeting in 15 days." Luo Sheng immediately decided. The equity transfer is to cash out before the IPO. This situation will basically not happen, but Bluestar Technology is developing well. , Now it can be realized at any time, but Luo Sheng has been suppressing the desire to make money that the company is not profitable.

Because of this, he is 100% sure that this cash out will definitely be successful. Without him, the temptation of a profit, coupled with the current blockade of major VCs, it is like the company owes the bank tens of billions or hundreds of billions. , The bank is imaginary, for fear that your company will go bankrupt and his loans will be in vain, so you can only bite the bullet and continue to borrow, otherwise you will go bankrupt.

Investors have already smashed hundreds of millions of soft sister coins on Bluestar Technology. How can it be said that bad debts turn into bad debts, not to mention that the accounts are not bad at all.

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