Global monopoly of technology

In the afternoon, when Yao Jianhong turned on his personal computer, he found that he had received a formal offer from the Blue Coast company in his personal mailbox. After reading the company's job arrangement and remuneration, he did not hesitate to agree.

The contract was signed on the same day and he became the official employee No. 005980 of the Blue Coast Company.

Yao Jianhong joined the Blue Coast Company and the first task he received was to build the company's supply chain partners and sales department channels. This was also the first assessment for him.

As the [Azure] plan advances as scheduled, sales will also begin to follow up. Everything is created from scratch, so it is natural to prepare, otherwise, when the product launch conference comes out, consumers have no way to buy, then the company will work together Follow the fried hair?

As for Bluestar Technology, in the coming days of this year, Luo Sheng attaches great importance to two important tasks.

One is to prepare for the US IPO plan, and the other is to complete the company's spin-off and reorganization plan.

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Entering the end of April, the news of the industry was suddenly swept up by news related to Bluestar Technology. The headlines were only made some time ago, and now they are back.

In the earlier board of directors of Bluestar Technology, Luo Sheng formally announced the news of preparations for listing internally at the meeting. The directors appointed by the major external shareholders subsequently reported to their old owners.

It didn't take long for the outside world to get the news.

Major global financial media such as Wall Street Journal, Bloomberg News, Reuters, and mainstream media such as CNN, New York Times, and The Guardian have reported this news.

As early as the end of April, Wall Street has already started to hype. The Blue Star Technology Group (BTC) listing is undoubtedly the most sensational and most exciting financing operation on Wall Street in history.

Some authoritative analysts even pointed out that the "BTC" listing may exceed the IPO scale set by Google's listing last year, and may even become one of the largest IPOs in history.

The whole market is surging.Be fanatical about the code "BTC".

At first glance, it looks a bit unusual. Google’s annual revenue last year reached 3.19 billion US dollars, with a profit of 399 million US dollars. The average quarterly revenue was 797 million US dollars and the profit was 99.75 million US dollars.

In contrast to Bluestar Technology’s data, in the first quarter of this year’s revenue was US$434 million and profit was only US$3.17 million. According to this benchmark, the total revenue for a year is approximately US$1.736 billion, with a profit of 1268. Ten thousand U.S. dollars.

Judging by this number, Bluestar's revenue this year is only 54.42% of Google's last year, and its profit is only about 3.17% of Google's.

Why can Bluestar Technology IPO exceed Google's market value?

The shrewd Wall Street will naturally not make such low-level mistakes, and it is impossible to let himself suffer.

You must know that this revenue of Bluestar Technology is almost supported by one of its six major sectors, that is, the business of the social platform, and the other five major business sectors are still in the growth stage and have not yet exerted strength. , But the huge potential is the key.

Although the other business sectors of Bluestar Technology are currently in a state of huge losses, Luo Sheng has given them great confidence that Wall Street is not afraid of Bluestar Technology's current losses, but is afraid that it will not make a lot of money in the future.

Obviously, Wall Street is also very clear that Bluestar Technology’s current losses are constantly investing in development to make more money in the future.

As long as it is a reasonable loss, the loss that can be paid for making big money in the future is completely acceptable to Wall Street.

In addition, it is natural that the factors contributing to Bluestar Technology’s IPO are also included. After all, Wall Street holds more than 30% of Bluestar Technology’s equity, and it can exceed 40% after the IPO.

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Bluestar Technology Group headquarters, in a lobby.

"Mr. Paul, we hope that Bluestar Technology Group can conduct a public offering (IPO) in the first half of next year. It is still too early. Originally, the board of directors disclosed the preparations for the IPO. I intend to communicate with the company’s shareholders. It's spread, I didn't expect you to let the wind out."

At this moment, Luo Sheng was interviewing Paul Watson, the person in charge of Goldman Sachs Group. In addition, Meng Qiu, the person in charge of Goldman Sachs Capital in Greater China was also present. After a while, Luo Sheng added calmly: I should also know that many investment banks have come to me before, and they hope to contract Bluestar Technology’s listing."

Paul Watson did not respond immediately. It is true. Before Goldman Sachs, almost all the famous investment banks in the world have come. For example, Morgan Stanley, Zurich Credit, Citigroup, etc. have already sent important people ahead of Goldman Sachs. Go to Bluestar Technology to contact Luo Sheng.

Without exception, these investment banks have expressed their willingness to contract for the listing of Bluestar Technology. As early as 2003 when Luo Sheng founded Bluestar Technology, the US stock market reached a trough due to the bursting of the Internet bubble.

Many investment banks urgently need some special figures to stimulate the stock market that has been sluggish for two years, and Google’s listing last year almost became a stimulant for the entire stock market that year.

However, Bluestar Technology has risen against the trend in the downturn. It has grown to such a large scale in less than three years, and its potential is faintly surpassing Google.

If Bluestar Technology goes public, it will definitely be a super stimulant for the stock market.

"Mr. Luo, if BTC (Bluestar Technology Group) conducts an IPO, its scale will definitely not be smaller than that of Google's IPO last year, but Goldman Sachs Capital is very willing to contract for Bluestar Technology to go public. As always, high-profile support does not need to wait until next year. , It can be done in three months, and we dare to guarantee it." Paul Watson said with a firm tone.

In fact, Paul Watson didn't believe what Luo Sheng just said, or only half of it.

Some time ago, the board of directors announced the preparations for the IPO, but it was scheduled for next year. What did you reveal so early?

Such a long time span, for potential stocks such as Bluestar Technology Group, there is no need at all. You must know that before the Internet bubble burst, an Internet company successfully ringed the bell on Nasda from its creation to the IPO or even a year. Grams.

There is no doubt about the strength of a capital group like Goldman Sachs on Wall Street.

However, Luo Sheng did this. In addition, he has been in contact with world-renowned investment banks one after another. Paul predicts that Luo Sheng might have met more than a dozen bankers before then.

And fully demonstrated patience.

At this moment, Luo Sheng said in a serious tone: "To be honest, Mr. Paul, more than 11 investment banks hope to contract the Bluestar Technology Group to go public, and every one of them, including Goldman Sachs, is the world's top investment bank. I don’t know which choice to make. It seems that no matter which one you choose, it is all right for Bluestar Technology Group. Everyone has brought a lot of sincerity. I don’t know how to refuse. A new kind of trouble."

After Luo Sheng sighed helplessly, Paul Watson was not moved at all when he heard this, but looked at the other party playfully with a smile, and said: "Mr. Luo, you are young. Light but I have to sincerely admire you, in front of the experienced Wall Street bankers, you really acted extremely calm and shrewd."

Luo Sheng responded immediately: "No, this is not shrewd, this is frank."

Paul Watson listened to these words, smiled without talking, and said in his heart: What a little clever, damn it!

He knows that Luo Sheng mostly knows the cards in his hand and the cards in Wall Street's hands. Because of this, he will reveal the preparations for the IPO in the previous timetable, but he is scheduled to go public next year, but the time is not specific, and it is still vague of.

As a result, there are so many investment banks here this time, and Luo Sheng is also not a single one and meets with them immediately to show their attention.

However, I have met with more than a dozen investment banks. So far, I have not eagerly agreed to any well-known investment bank to express his willingness to contract for listing. On the contrary, I have been extremely patient to maintain contact with many investment banks. Just don't let go.

How smart is Wall Street?

In fact, everyone is smart.

Paul Watson knew why Luo Sheng wanted to do this, that is, to keep the commission as low as possible, and to keep the commission of the underwriters to a minimum while not guilty of any well-known investment bank.

His speculation is not wrong at all, lowering the commission is the core starting point for Luo Sheng to do this, and it does not seem to be smart, because it is not difficult to arrive at this result with a little brain and rational speculation.

But this just shows Luo Sheng's calmness, patience and shrewdness, because even though everyone knows what he wants to do, they keep going up.

Because of interest!

Luo Sheng pointed directly at human nature, pointed at real vested interests, seemingly flawed but indestructible.

By convention, listed underwriters will charge 7% of the financing amount as a commission. If Bluestar Technology Group’s IPO finally sets a financing amount of 3 billion US dollars, if it is in accordance with the routine 7% ratio, then 210 million will be given to the sponsor Huge commissions in US dollars.

For investment banks, this money is almost the same as making money lying down. The reason is no other. The huge potential of Bluestar Technology Group reduces the risk to an exaggerated level.

The net income is so huge and the risk is so small, which is simply counterintuitive to investment. Of course, the major investment banks are rushing to contract.

However, they met Luo Sheng. It is impossible to earn a huge net income from him with minimal risk. The smaller the risk, the less you earn. This is an investment.

What's more, this is already an expensive commission, and it is only a part of the income that the investment bank that sponsors the listing can get, not all of the income.

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