Global monopoly of technology

Wall Street, Goldman Sachs headquarters.

"Unfortunately, the loss is big, and the loss is big." A Goldman Sachs executive shouted regret in the office, sighing.

What he holds in his hand is a paper newspaper, the Wall Street Journal, and the headline on its front page is the content of the first quarter audited financial report of the Bluestar Technology Group.

"A big loss? Sir, where do you start? Bluestar Technology Group's financial report far exceeds the analysis expected by FactSet by 97.5%." His assistant said puzzled.

"Because of this, the loss is big. If you don't rush the company's team to enter the liquidation stage, you will definitely be able to enter the next round or even the next round of financing, thereby eating more equity." Paul Watson said. .

His assistant was a little speechless when he heard this, and he couldn't stand it anymore, and couldn't help but slander in his heart: Damn, it's really greedy capital and lacking in people.

In fact, after seeing this audited financial report, several major investors of Bluestar Technology Group were overjoyed and immediately called out a big loss. If they had known this would be the case, they would never urge the Luo Sheng team to hurry up. profit.

it's good now.

It never expected that Bluestar Technology Group would complete the financial turnaround in the first round of traffic harvesting, directly allowing the situation in the high-risk area to achieve a safe landing.

It is no doubt the second Google.

Even more potential than Google, because this time the traffic harvest is only in the real-name social business section of Bluestar Technology, and this company has more businesses with great potential.

It is no exaggeration to say that as long as there are no accidents, Bluestar Technology will continue to develop steadily, and the future and money will be limitless.

Similarly, the major VCs also understand one thing. As long as Luo Sheng's team is not stupid, it will definitely not raise funds as frequently as before.

This financial report has shown that Bluestar Technology Group can feed the entire fast-growing company by relying on the business of the first sector. It is most incredible that it can make up for the huge losses of other business sectors and have a small balance.

In fact, even if Wall Street's VCs don't urge Luo Sheng to cash out, he won't drag on.

Because the transferred company equity has almost reached his psychological expectations, not surprisingly, Bluestar Technology's private equity offering ended in the C round of financing.

...

The next day, Bluestar Technology held a media conference after the first quarter’s audited financial report was disclosed. The media in the industry came as soon as they heard the news. Luo Sheng also rarely appeared at the conference and would personally answer questions from outsiders. .

He still wore his iconic T-shirt, jeans and sports shoes at the media conference. His look has been dubbed the IT boss suit by the majority of netizens.

Luo Sheng's speech and behavior are full of confidence and maturity.

The industry is full of emotion. An audited financial report has brought him and his Bluestar Technology Company to a whole new level. No wonder this fast-growing Internet start-up company has received so much capital favor. It really makes sense.

How could Wall Street do stupid things?

At the press conference, Luo Sheng calmly said with a confident smile: "As one of the most popular social networking sites in the world, BlueSpace has set off a storm on the global Internet. The interactive space it provides can Connecting members with "friends". Now, asking "are we friends on BlueSpace" has become a social phenomenon."

In the face of many media shots, Luo Sheng was calm and determined, his smile remained unchanged, and his words revealed clear logic.

"The international version of BlueSpace currently has more than 35 million unique visitors per month in North America, and the total number of page views exceeds 10 billion. On average, each user visits the website 15 times a month and views nearly 20 pages each time. By all standards, BlueSpace has achieved excellent results and user engagement, and our team is proud of it."

Speaking of this, Luo Sheng added with a smile: “In fact, earlier, we thought that only after we launched a large number of different language versions and reached a large number of people in different countries and regions, we would have the fastest growth. But in just two years, we have always been in a stage of rapid growth. Since its establishment, the number of new users of BlueSpace has been growing at an amazing rate. Winning new users has become a low-hanging fruit for our team. It also feels incredible."

The reporter was caught off guard by the sudden wave of bragging, but after reacting, it was impossible to refute it.

This makes people in the industry feel ashamed.

For Bluestar Technology, winning new users is indeed a matter of hand.

envy, jealousy, hate!

The release of the audited financial report for the first quarter not only shocked the industry, but was an inspiring and stable thing for all employees of the company.

Although the company's treatment is top in the industry, it has not been profitable until now. From the perspective of an employee, it has always been unstable and insecure.

The Internet is another industry that changes every year. Many Internet startups have great potential at the beginning of their establishment, but they soon die. Internet companies that can survive the first anniversary are considered successful.

It can be seen that the cruelty of this industry does not mean that it can be played by playing. Once many Internet startups are no longer favored by capital, stop investing or even withdraw their capital, they will immediately fall from heaven into the abyss.

Before this, Bluestar Technology was actually pretty much less. In just two years or so, it grew into a large company with more than 5,000 employees worldwide. During this period, it burned hundreds of millions of VC funds. Once the capital was withdrawn, it was a blink of an eye. Time may collapse.

Once such a bad situation occurs, it is unacceptable for the employees of the company, especially those who like the working environment, atmosphere and corporate culture of Bluestar Technology.

However, all of this disappeared with the disclosure of the company’s first-quarter audited financial report. Bluestar Technology feels like it achieved profit overnight. You must know that this was a quarterly loss of more than 3.5 billion. Yuan company.

It is not an exaggeration to say that it is a giant gold swallowing beast.

Now not only has it turned losses into profits, the net profit in the first quarter has also reached 14.66 million yuan. The company's major investors are now taking a reassurance, and the company's employees are no exception.

At the end of the media conference, Luo Sheng did not accept any media interviews and returned to the working level again.

Half an hour later, Luo Sheng presided over the board of directors. At this moment, the directors, the spokespersons for the interests of several large external investors, had nothing to say. Luo Sheng's eyes were different.

It feels like... handing tea to the boss.

Well, that's how it feels.

The first quarter audited financial reports that flashed the industry and investors' data further weakened the voice of the directors nominated by these shareholders. They were too lazy to manage, anyway, it was useless.

In fact, this errand is quite good. For those outside directors, they come to sign and punch cards every day, and it's done.

The more ruthless sign-in and clock-in are all exempted. Just go directly to travel, play golf, and so on, so Luo Sheng will come to the company when the board of directors is held and follow the process.

Then what are you doing.

"Everyone, today's meeting is a question. Regarding the issue of Bluestar Technology's IPO, I decided to go public in the United States next year." Luo Sheng looked around the board members and said.

As soon as this remark came out, the nominee directors of the outside investors couldn't help being surprised for a while.

"what?"

"An IPO next year?"

"Bluestar Technology has only completed the C round of financing. Will it be too fast?"

When this topic was thrown out, everyone at the meeting suddenly spoke, obviously surprised by Luo Sheng's decision.Now, these VCs don't want Luo Sheng to be listed in such a hurry. They really turned around overnight. At this time, Luo Sheng is the one who insists on listing.

Since the company is going to go public, it should conduct an IPO when the market is at its best. At this time, the voice must be louder than that of the VC, and when the market is bad, the tone of your voice to the VC will be three-pointer.

Luo Sheng squeezed his hand gesture, and soon became quiet. After taking a sip of water, he calmly said:

"The first quarter financial report disclosed by the company is the most complete and detailed audited financial report. It is also the first time that the outside world clearly understands the financial situation and market size that Bluestar Technology has kept confidential for more than two years since its establishment. Go through the listing process."

Under normal circumstances, investors are eager for start-up companies to go public soon, and try to create opportunities for listing.

However, Bluestar Technology is obviously an exception. This is a sweet potato. Large investment institutions still want to buy more equity. Of course they can buy and hold on a large scale after listing, but the financial contribution must be much larger, and it is not Preferred shares.

The board of directors came to an end soon. The purpose was to let them inform the shareholders behind that they were preparing to hold a shareholder meeting, mainly Goldman Sachs Capital. They quickly sent people who could speak the word to discuss and prepare for the IPO plan.

Initiating the listing process is a very complicated process, and it can be done within a few months of going to the US for listing.

However, Bluestar Technology has a large scale and too many major shareholders. It takes a lot of time just to gossip. Luo Sheng naturally needs to prepare early, but he can't rush.

After the meeting, the major directors all went back to report to their shareholders. Luo Sheng held another meeting at the senior management level and dealt with some things. After an hour and a half, he left Bluestar Technology and turned to the Blue Coast. The company's related work matters.

...