Global monopoly of technology

Less than half an hour after the meeting, Luo Sheng received a call from Xu Chenghua in his office.

"Brother Luo, you are really too ruthless to draw your salary from the bottom of the tank. Why do you suddenly want to enter ICT? Are you competing with Huawei and Ericsson? Or IBM and Intel?" Xu Chenghua's tone on the phone seemed weak. Helpless.

He has just received news on the agenda of the board of directors, and other major shareholders have also received relevant news successively.

At this time, Luo Sheng seemed to give in and offered to transfer his personal equity to cash out, but this was obviously a hooliganism.

Right now everyone has invested so much money in, and they are all trapped and cannot leave for a while.

Here, Luo Sheng is clamoring to enter the ICT field. The cost is 100 million US dollars. In the eyes of all VCs, this is nothing but a waste of money.

Although he retired to transfer his personal equity and took the cash out to play by himself, so even if he lost all of it, it would be his own money and would not harm the entire company.

But here is what makes investors uncomfortable. His tricks are really unkind.

This wave of operation Luo Sheng is indeed a bit unkind, but he has no psychological pressure at all. If the VC side has a chance, he will definitely eat Bluestar Technology without vomiting a bone.

Now Luo Sheng is locked in. If he doesn't buy the equity he transferred so that he has the funds to play on his own, he will let the company enter the ICT field. You can't stop him yet, and neither the shareholder meeting nor the board of directors can object.

Bluestar Technology has not yet been listed on an IPO, and can't go if it wants to go. There is only one situation that can cash out in advance, and that is to transfer the equity of Bluestar Technology. But the question is who will buy it?As an investor, he ran off without an IPO. It felt like a pitfall. Who would buy it?

Therefore, for the major investors, they have invested so much money now and are deeply locked up. They can only continue to pour money into it to stabilize Luo Sheng and stabilize the company. After the IPO is successful, whether to go or stay It can be decided at any time.

At this moment, Xu Chenghua hurriedly said with earnest and earnest words: "Brother Luo, you are really irrational in doing this. It is tantamount to offending the top investors in the world. Yes, the money has already been invested in you and cannot stop you. But what about the future? What should I do if I can’t get the money next time? VC may die if you don’t invest a penny. Bluestar has only raised Series B financing until now. Even if the market is very good, it has to go two To go public."

"Mr. Xu is serious. Even if we can't get financing in the future, the biggest impact on Bluestar Technology will be the slower development and expansion speed, and the time for becoming bigger and stronger will be lengthened, and it will die?" Luo said. Sheng smiled confidently, but Xu Chenghua's ears were like a dead pig not afraid of boiling water, and he was speechless.

Luo Sheng didn’t know what he was thinking, and then replied: “As long as I want to, the company’s financial statements in the next quarter will be profitable. Bluespace’s real-name social networking site can more accurately deliver advertising services, which means a single The user value is much higher than that of QQ users, and its monetization ability is at least ten times that of your company's QQ show products. Most of my users are overseas. Europeans and Americans have higher spending power, right."

Xu Chenghua was silent, because Luo Sheng was right. QQ’s ad monetization ability was very poor, and he was confused for a long time. It was because it was difficult to accurately place ads, because users are all virtual, just like you put a scraper. Hu Dao's advertisement was pushed to a primary school student. He didn't need it. The advertisement was cast for nothing.

Over time, advertisers will no longer be attracted, or advertising fees will be pitifully low.

Had it not been for the great success of the qq show product, Tengxun would not have been able to make a financial turnaround this year.

But the blue space under Bluestar Technology is different. Because it is real-named, the positioning of the advertising group is more accurate, and there will never be advertisements such as pushing children's books to college students or pushing razors to sister paper.

As an advertiser, I naturally prefer to place advertisements in the blue space, and the potential for advertising is strong, which is the main reason why the capital market is optimistic about Bluestar Technology.

At the end, Xu Chenghua sighed: "Let's do it, I'll talk about it when we meet."

He could see that this young man walked all the way to the dark with determination.

...

Half a month later, SoftBank, Goldman Sachs, Venture Capital, Morgan and other VC shareholders who invested in Bluestar Technology sent representatives to Sioux City and came to the company headquarters.

This group of investors really love and hate the entrepreneur Rose to a new level. After so many years in the industry, it is the first time they have encountered this kind of anti-VC entrepreneur.

Around ten o'clock in the morning, everyone gathered in the company's meeting room. All shareholder representatives were present. Xu Chenghua also came this time. He represented Teng Xun, who is currently the second largest shareholder of Bluestar Technology.

At this moment, everyone looked at Luo Sheng's expression a bit weird, because the style of painting is a bit that...

Both parties are sitting on a large conference table. All the shareholder representatives are on the right. Luo Sheng is on the left. In fact, this is nothing. The key is that the two people sitting on both sides of him are Irene and Qin Weimu. Pretty woman.

This style of painting seems a bit weird. Investors have some kind of inexplicable investment in Luo Sheng whether they are reliable...

Others murmured in their hearts that Luo Sheng didn't know or were interested. After all the important shareholder representatives had arrived, he decisively opened the chatterbox, glanced at the person sitting opposite, and said calmly:

"Frankly speaking, after the completion of the A round of financing, the company actually has enough funds to develop and grow Blue Space until the company's IPO. But we are not satisfied with a single social product, so the company soon has Yunge Search and Tieba include the Reddit website recently launched in North America. These newly launched products currently look pretty good."

"But Mr. Luo, this is not the reason why you want to enter the ICT field. The crossover is too big." Meng Qiu, who represents Goldman Sachs Capital, said that he actually has a good impression of Luo Sheng.

All the shareholder representatives nodded in agreement. Everyone acknowledged that Luo Sheng's playing in the Internet field is flourishing, and there is indeed a set that allows all VCs to see the opportunity to make big money in the future.

Very hopeful.

But when he changed hands, he went to the ICT integrated circuit field to toss. All VCs felt that the future of Bluestar was gloomy, and the development momentum was so good that he had to play it badly.

After a while, Luo Sheng smiled and said, "I understand, so this time I invite you all to talk about a relatively compromised plan, which is to transfer shares. Only in this way will not harm the interests of the company and shareholders, and I can also go to the ICT field. Click, otherwise I won’t give up."

A group of investors were speechless. They said so, but everyone heard his subtext: I don't care, I just want to toss integrated circuits. If you don't give me money, I will let the company enter this field.

It's a rascal.

But there is no good way to take Luo Sheng for a while, and now he has invested several billion in it. At this time, it is the investors who have caused the blood loss.

Liu Wen of the Venture Capital Fund suddenly said half-jokingly: "Mr. Luo, don't you want to cash out in advance under the guise of entering the ICT field?"

This is straightforward.

When Luo Sheng heard that he was unhappy on the spot, he asked: "The company's development status and financial status are basically transparent to the major shareholders. I think whether the company's development status is healthy, whether it has prospects and money prospects, all shareholders know in their minds. "

Liu Wen has nothing to say.

The company is operating well, with huge potential and promising future. The founders dare to speak to investors like this.

After all, no one will have trouble with money.

In any case, it cannot be denied that Bluestar Technology is a rare high-quality stock and potential stock in the global Internet industry.

Before the major VCs sent their agents over to talk to Luo Sheng, they had already negotiated internally. Luo Sheng wanted to transfer the equity in his hand, and he could take over, no problem. It is better than letting him take the funds from Bluestar Technology. It’s done well, and when you are short of money, you come to ask investors for money. Then you will not give it or not. If you give it, you feel too bad. If you don’t continue to give it, the big investment in front is not equal to drawing water. Drifted?Still losing!

It will only get deeper and deeper.

Thinking about it, as long as Bluestar Technology continues to develop at the current pace, IPO is not a big problem.

At this time, Li Yan, the person in charge of Softbank Capital, seemed impatient and said: "Mr. Luo, let’s have a good word, don’t bluff if you are all smart people. Since our big VCs are already sitting here, it’s basically clear. The card is over, can’t we accept it? This time we are considered dead, but please stop playing this set next time. This is an overdraft of the trust of both parties. It is very dangerous. One time is enough, and only acquiescence Indulge you once, but also for the last time."

Li Yan talked about "we" and made it as if he could represent all investors, but surprisingly, he said that other investors' representatives did not express it, and that was acquiescence.

Mengqiu simply and neatly continued: "Let's talk, how much did you cash out this time?"

...

(Please ask for a recommendation ticket, ah ~~~)