Global monopoly of technology

Irene responded quickly: "The book fund pool is still about 440 million yuan."

Luo Sheng was stunned for a while: "That's the only thing left? Okay, even if the copyright expenditure is more than 1.6 billion, there will be more than 1 billion in the B round of financing. Before the financing, the company’s book capital was almost 200 million. Hao123 had an income of more than 40 million last year, and this year it has also earned 70 to 80 million. It is nearly 1.4 billion, how can it spend the remaining 440 million? The operating cost before July is not 3 per month. Billion, right?"

Irene said angrily: "If the monthly operating cost expenditure before July is 300 million, the company will not be able to pay wages in May. Is it possible that you still suspect that I have not done anything? Secret Qin Weimu audited and audited, and he really is not in the position to know the price of firewood, rice, oil and salt."

Speaking inexplicably, he heard a certain kind of resentment, Luo Sheng sweated profusely, and women's thinking and brain circuits were really jumpy, and sometimes it was really troublesome.

Although Luo Sheng likes to be frantically probing on the edge of a fire in the backyard, he doesn't want to really set off the fire, and hastily said: "If I don't trust you, then no one can be trusted in the company's listing, whether it is ability or quality Unreserved, especially abilities. Although you are not as qualified as Qin Weimu, your abilities are not limited at all. On the other hand, you are much better than her."

As soon as Irene heard this, she slapped her mouth, and at least got a lot of satisfaction in her heart without saying that she was floating. Luo Sheng sighed to herself: Brother is really a logical ghost!

Immediately he changed the subject and said with a grin: "Would you like to eat goose today? Serve it at any time, in large quantities, and full of freshness!"

Hearing this, Irene glanced at him suddenly: "Go, think well...I have reported the company's financial status. You are the boss and you can figure it out."

After talking, Irene turned around leisurely and left the office casually.

Luo Sheng sighed up to the sky: "Women's thinking is really like an unreasonable equation. They take the initiative to make confessions. Usually, I have to. It's really difficult for me."

After a while, Luo Sheng's gaze fell on the file on the desktop, and he immediately put away his thoughts, then picked it up and flipped through it for a while.

Irene is right. With the launch of the streaming media video business, the operating cost of next month may soar to 400 million, and the salary will not be paid next month, and the salary will be delayed next month. Not enough money to pay the internet fee.

After thinking for a while, Luo Sheng immediately put the files away and put them in the folder layer on the side, and then called Zhang Bowen and asked him to contact the investors.

Luo Sheng took the initiative to find a VC, that is one word-money!

After arranging things, Luo Sheng left Bluestar Technology after ten minutes and went to the Blue Coast Laboratory instead.

For a long period of time in the future, one-third of his daily working hours will be used by Bluestar Technology Company, and two-thirds will be used by Blue Coast Company, but it is not absolutely fixed. The specific arrangements for the appointment are based on actual conditions. .

The bottoming out of Bluestar's funds also proves to a certain extent that the company is constantly growing and developing, and the subsequent soaring operating costs.

In the past, Xiao Ma wanted to sell QQ, but it is estimated that the network fee cannot be hurt.

However, Luo Sheng is not in a hurry or panic. The company's current funds can support about forty to fifty days. He has preset a safety line. Before the next mid-September, he must negotiate the C round of financing. , That is, within the next 24 days.

Once 24 days have passed without an agreement, the company immediately started the monetization plan, starting with [BlueSpace]. Of course, Luo Sheng is unwilling to start the traffic monetization plan at this time, which is very uneconomical in the long run.

But if you can’t raise money, you will have to change if you don’t, or the company’s capital operations will not continue.

Once it has changed, Luo Sheng will not seek any private fundraising plans in the future. VCs ask for any money, either they will simply delay the listing time, or they will directly IPO.

Luo Sheng didn't say that he was a person who must repay him, but he was definitely a person with a temper, and when his temper came, he was also a violent one.

...

The company's chief operating officer Zhang Bowen was dealing with this matter and sent a notice to the company's major investors one by one.

The news that Bluestar is about to launch a new round of financing spread like wildfire, and the company did not intend to conceal it. As a senior executive of Bluestar, Zhang Bowen’s contact with investors has been reported by the media.

As a star-rated Internet company in China, and even an Internet company that has attracted much attention by the Silicon Valley technology circle, Bluestar Technology's every move affects the industry's attention.

Not surprisingly, Bluestar Technology launched a new round of financing. I am afraid that many entrepreneurs in the industry have "again" a new round of envy, jealousy, and hatred.

When it entered the streaming video business in mid-to-late August, with the launch of the product, it received the attention of the industry again in less than three days.

However, there are not many people following the trend this time. There is no capital to back up the streaming media business. A network expense has discouraged many entrepreneurs. In addition, because this time is not a subversive innovation model, streaming media technology has long been born. It's the beginning of the year, and there are already dozens of video sharing websites on the market, among which Netflix is ​​the most eye-catching.

Even the voice sings badly, and the innovation of Bluestar Technology has dried up?

In fact, the media headlines the party.

Practitioners who are truly deeply engaged in the field of streaming media technology do not think so. Apart from the 23 patented technologies in the field of streaming media technology, Bluestar Technology is already leading the current online video sharing sites.

With the passage of time, entering September, on September 7th, all major venture capital institutions of Bluestar Technology have completed the company’s current operating expenditures through a third-party audit agency. The audit, at the same time, is fully consistent with the data submitted by the company.

This has left the major VCs speechless and satisfied. Every money made by Bluestar Technology can withstand the verification of a third-party audit agency 100%.

On September 11th, this day was definitely a day that the Internet community was paying attention to this year. In the morning, the media in the industry sent reporters to the first Hilton Hotel on the Bund in Shanghai.

This hotel has been one of the landmarks of Jing'an and even the entire Shanghai since its opening. In the 1990s, there were no modern buildings here, and the 40-story Hilton Hotel in Shanghai was the most luxurious high-rise here, the top floor There is also a helicopter take-off and landing platform. Not to mention this configuration, even if it is ten or twenty years later, it will still be very complete and high-spec.

At this moment, seventy to eighty media and even mainstream media have gathered in the Hilton Hotel early.

Because today, Bluestar Technology wants to discuss the C round of financing with representatives of major VCs, and the location is set at this hotel.

A financing business negotiation can attract so much attention not only because Bluestar Technology is the largest domestic Internet company, but also because it is the only domestic Internet company that has successfully globalized its business. It is even more because the investors involved in this time are basically all-in-one investment institutions in the business world and even Wall Street.

Around ten o'clock in the morning, luxury cars drove to the gate of the Hilton Hotel, and reporters on the scene were also constantly taking pictures.

Before and after, Liu Wen of Venture Capital Fund, Li Yan of Softbank Capital, Tao Chen of IDG, Meng Qiu of Goldman Sachs Capital, etc., the heads of these top VCs in Greater China have all come.

None of the previous major investors of Bluestar Technology was absent, and Xu Chenghua on behalf of Teng Xun also came.

However, he also knew that Teng Xun came to make soy sauce this time. Xu Chenghua came here for two purposes. One is to ensure that Teng Xun’s equity in Bluestar Technology is not diluted. Eat as much as you can with a little money.

But certainly not much to get in, because the valuation of this C round of financing will definitely break records, which is the default consensus in the industry.

It may also be the last financing. After the C round, it will enter the IPO stage without accident.

The development momentum of Bluestar Technology is there. The company is operating in good health, and at the same time it is expanding at a high speed, continuously launching new businesses, and is also very successful. The company's commercial value will increase almost every month.

Accompanied by this is the continuous increase in the ability to burn money, and VC is also a bit unable to hold it.

And this C round of financing also has two new faces.

...