Global monopoly of technology

In the next week or so, Luo Sheng was in frequent and repeated contact with major investment banks. He was only 20 years old, but he continued to mediate with a group of shrewd Wall Street bankers, and he was able to do his job well during the period.

Anyway, Luo Sheng is not in a hurry. It's only May, and it doesn't matter if his company waits another year to go public.

Even, it’s okay to keep not going public, but Wall Street will definitely not agree, hundreds of millions of dollars have been invested round after round, no matter what the huge risk is taken, the result is that the income is not equal.

And this is what Luo Sheng is relying on in no rush, now the major investment banks are anxious.

As time went by, Luo Sheng also kept meeting with these Wall Street bankers, and only saw one family each time. If he wanted to meet together, he would find a reason to say that he didn’t have time and was in the "Blue Coast Laboratory". "Dao Teng technology research and development.

Luo Sheng is not afraid of collusion among major investment banks, because collusion means diluting interests without suspense. People are greedy, especially on Wall Street.

The result is that the major investment firms have been able to win the qualification to contract the Bluestar Technology Group's listing, and have reduced the commission ratio from 7.2% at the beginning, and finally reduced to 2.15%.

Finally freeze frame here.

This ratio is obviously much lower than what was paid before. The outside world wants to know what Luo Sheng and Wall Street are talking about. It took more than half a month to break, but neither party disclosed any details.

On the day of May 17, a little new news finally came out.

Solomon Smith Barney Securities Co., a subsidiary of Citigroup, withdrew from the ranks of underwriters, and revealed the reason, anyway.

Only then did the outside world know that it turned out that Bluestar Technology’s commission was so low that Smith Barney Securities had no money to make. At least Smith Barney responded to the outside world in this way.

People in the industry are all looking at them, and they all feel that the Bluestar Technology Group is really extraordinary. It is needless to say that Luo Sheng's achievements in the science and technology industry have not expected to be so smart in the business field.

However, Citi did not disclose too much information, because they signed non-disclosure agreements. Although they gave up their qualifications as underwriters, Citi will never give up their internal subscription rights.

The Goldman Sachs Group is determined, and there is a sense that you have abused me thousands of times, and I still treat you like first love.

Even if the ratio is lowered to less than 2%, it must be won. It can be said that Goldman Sachs is definitely the "iron powder" of Bluestar Technology Group.

nonsense.

Goldman Sachs was not the first capitalist to enter Bluestar Technology, but it spent the most money. When it comes to this point, it is not bad at all. Any loss is blood loss, and even a little loss is just like that.

But if you make a profit, you will earn it. Earning a little bit is not a point or two, so there is nothing to hesitate.

Goldman Sachs, a Wall Street Capital Group that is as bad as its bones and shrewd to its bones, will never make a loss-making business. During the subprime mortgage crisis, it was ruthlessly short of its owner.

...

Time goes by day by day.

It entered mid-to-late May. On the day of May 17, Luo Sheng and Wall Street experienced more than a month of mediation and finally confirmed a breakthrough.

Goldman Sachs, JP Morgan, and Merrill Lynch have become the joint sponsors of the Bluestar Technology Group's listing. This may be the strongest sponsor lineup so far. This is probably the top three investment bank in the world without any objection.

The news has not been announced, and it will not be announced one month before the listing. There can be variables even one day before the listing. It is only temporarily circulating in the very small top investment banking circle.

...

After a while, it came to July 8, 2005.

Irene entered Luo Sheng’s office, threw the data report in his hand onto his desk, and stared at the other person with a bitter look: "The second quarter audit financial report has finally been driven out. You guys really don’t know how to pity Xiangyu. Why do you have to be so anxious?"

Luo Sheng looked at her, and suddenly looked at her with a beaming smile and said: "Thanks for your hard work, why don't you ask you to eat goose first to make up for it? After get off work, I love you all night, at least five starts. "

Well, today Friday and two days off tomorrow, Luo Sheng naturally has the confidence to give all his energy.

"Go, think beautifully, in order to get rid of this audit report is tired enough, you really want to exhaust me?" Irene cast her angrily, and ignored him, her body twisted. Resting on the sofa next to him, he replied with a sentence: "Look at what else you want to order. If you don't have me, go to other work."

Irene now also holds several positions, including CFO, Director, Director of the President's Office, Assistant to the President, Director of the Global Accounting Department, and President of the Accounting Management Department of Bluestar Technology Group.

It's hard to imagine that she who catches the ducks on the shelves can grow to such a level in just three years. There is an important factor that outsiders did not notice but should not be ignored.

That is Qin Weimu.

Sister Irene is also fighting in her heart. She always feels that Qin Weimu is her one of the most threatening rivals in love. She is not weaker than herself. The key is her talent, and her excellent ability Irene has to admit. When compared with Qin Weimu in terms of talent, she was a little lacking in confidence.

But she didn't think she was much worse than her.

Isn't it just a few years before his debut.

As for the appearance, Irene is very confident at this point, because she is four and a half years younger than Qin Weimu, young is capital, and the other party has not been able to catch her appearance.

Therefore, Sister Irene, who wants to compare Qin Weimu in all aspects, now focuses on her career and makes up for this shortcoming to defeat her.

In ancient times, the king of Chu had a thin waist, and many starved to death in the palace.

It can be seen that once a woman makes up her mind, it is terrifying to be cruel.

Luo Sheng picked up the audited financial report sent by Irene. This report is indeed in a very short time. It is only in early July, and many listed companies will not disclose their mid-year reports, or semi-annual reports, until August. It is the second quarterly report.

But this was specifically requested by Luo Sheng, and it was needed for negotiations with Wall Street.

Bluestar Technology is now in the stage of spin-off and reorganization, and the group company's business is global. It is indeed not easy to get it done in a little over a week.

It is indeed worthy of recognition that Irene can complete the task on schedule. Luo Sheng thinks that the best form of recognition is to love her N times after get off work.

After a while, Luo Sheng put away his thoughts and glanced at the main data of the audited financial report.

The total revenue of Bluestar Technology Group in the second quarter was US$576 million, equivalent to RMB 4.718 billion in Chinese currency, an increase of 32.6% from the previous quarter, far exceeding Wall Street's long-term expectation of 13.8%.

Operating profit in the second quarter was negative, with a loss of $564 million.

Because the audited financial report for the second quarter included the group company’s acquisition of three game development expenditures, if not included, the company’s operating profit could reach 98.57 million US dollars.

The quarter-on-quarter increase in operating profit was 3.17 million U.S. dollars, a staggering 3109% increase, directly from the one-million-level threshold to near the threshold of over 100 million.

It really took off, like the sky.

Among them, of the $576 million in revenue, revenue from advertising business accounted for $514 million, accounting for 89.23% of the revenue, and the remainder was revenue from digital music and virtual gifts.

In this revenue data, the total overseas revenue was US$450 million, accounting for 78.12% of the total revenue. The proportion in the previous quarter was 77.57%, a slight increase.

The proportion of revenue and the proportion of regional revenue have not changed much from the previous quarter. Advertising revenue and overseas revenue still occupy an absolute proportion in the Bluestar Technology Group.

This time the revenue data "BlueSpace" still contributed 93%, an increase of more than one percentage point from the previous quarter.

As for the other business sectors of the company, Luo Sheng knew that it was in a state of loss without looking at it, and it was a huge loss. This is true in the list below.

This dazzling revenue data is all supported by the "BlueSpace" business sector.

Costs and expenditures this quarter reached 1.14 billion U.S. dollars, and free cash flow was left at 536 million U.S. dollars. Excluding the 663 million acquisition of the three game companies, Bluestar Technology Group’s free cash flow would reach 1.158 billion after the second quarter revenue. The dollar increased by more than 40 million dollars from the previous month.

At present, the total number of employees in the group company has reached 6,533. During the second quarter, the company expanded its recruitment of 673 people worldwide. More than 85% of the newly hired employees are engineers, and the company is still recruiting on a large scale.

Luo Sheng simply read the audited financial report and closed the document. He was very satisfied with the company's second quarter performance. He immediately turned his head to look at Irene sitting lazily on the sofa: "Xiao Ai, take this audit The statement was announced to the public, and the major shareholders of Bluestar Technology Group were notified to hold an extraordinary shareholders meeting 15 days later."

Hurrying to release the second-quarter earnings report is to speak louder and stronger to all external investors at the next temporary shareholder meeting.

Speaking loudly with strength and confidence also requires solid backing support.

...