Global Monopoly of Technology

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

"Brother Luo, this trick of yours is really too ruthless. Why do you suddenly want to enter ICT? Do you want to compete with Wah Wei and Ericsson? Or IBM and Intel?" Xu Chenghua's tone on the phone seemed weak And helpless.

He has received the news about the agenda of the board of directors just now, and other major shareholders have also received relevant news one after another.

And Luo Sheng seemed to give in at this time, and proposed to transfer his personal equity holdings to cash out, but this was obviously a half-ass hooligan.

Now everyone has invested so much money in it, but they are all trapped and can't leave for a while.

Here, Luo Sheng is clamoring to enter the ICT field, and one smash is 100 million US dollars. In the eyes of all VCs, this is a waste of water and absolutely nothing.

Although he took the next step to transfer his personal equity, and played with the cash he had obtained, even if he lost all of it, it would be his own money, and would not affect the entire company.

But here's what makes investors unhappy. His trick is really unkind.

This wave of manipulation of Luo Sheng is indeed a bit unkind, but he has no psychological pressure at all. If it is the VC side, if there is a chance, he will definitely eat Bluestar Technology unequivocally without spitting out a bone.

Now Luo Sheng is stuck. If he doesn't buy the equity he transferred so that he has the funds to play by himself, he will let the company enter the ICT field. You can't stop him, neither the shareholders meeting nor the board of directors can object.

Bluestar Technology has not yet listed in an IPO, and it is impossible to leave. There is only one situation where it can cash out and leave the market in advance, and that is to transfer the equity of Bluestar Technology held in its hands, but the question is who will buy it? As an investor running away without an IPO, it gives the impression that it is obviously a scam. Who would buy it?

Therefore, for major investors, they have invested so much money and are deeply stuck. They can only continue to pour money into it to stabilize Luo Sheng and the company until the IPO is successful. Whether to leave or stay You can decide anytime.

At this moment, Xu Chenghua hurriedly said with serious words: "Brother Luo, what you are doing is really irrational, it means that you have offended the top investors in the world. Yes, the money has been invested in you, it can't stop you, But what about the future? What if I can’t get the money for the next financing? VCs may die if they don’t invest a penny in the company. Bluestar has only raised its Series B financing. round to market.”

"Mr. Xu is serious. Even if he can't get financing in the future, the biggest impact on Bluestar Technology is that the speed of development and expansion will be slowed down, and the time to become bigger and stronger will be stretched. Dying? Exaggerated." Luo Sheng smiled confidently, but in Xu Chenghua's ears it was like a dead pig not afraid of boiling water, so he was speechless.

Luo Sheng didn't know what he was thinking, and then replied: "As long as I think about it, the company's next quarterly financial report will be profitable, and the real-name social networking site of the blue space website can more accurately carry out advertising business, which means that 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, and most of my users are overseas, so Europeans and Americans have higher spending power, right?"

Xu Chenghua was silent, because Luo Sheng was right, QQ's advertising monetization ability is very poor, and he was confused for a long time, because it was difficult to accurately place advertisements, because users are virtual, just like you put a scrape Hu Dao's advertisement was pushed to a primary school student. He didn't need it. The advertisement was cast in vain.

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

If it weren't for the great success of the QQ show, Tengxun might not have been able to make a big financial turnaround this year.

But the blue space of Bluestar Technology is different.

Because it is a real-name system, the positioning of advertising groups is more precise, and there will never be advertisements such as pushing children's books to college students or pushing razors to girls.

As an advertiser, it is natural to prefer Xunyu to advertise in the blue space. The potential advertising monetization ability is strong, which is also the main reason why the capital market is optimistic about Bluestar Technology.

At the end, Xu Chenghua sighed: "That's it, let's meet again."

He could see that this young man was determined to go all the way to the dark.

...

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

This group of investors really love and hate Ross as an entrepreneur to a new height. It is the first time that they have encountered such an anti-VC entrepreneur for so many years in the business.

At about ten o'clock in the morning, everyone gathered in the company's conference room. All the shareholders' representatives were present. Xu Chenghua also came this time. He represented Teng Xun, the second largest shareholder of Bluestar Technology.

At this moment, everyone looked at Luo Sheng with a strange expression, because the style of painting was a bit like that...

The two parties were sitting at a large conference table. All the shareholders' representatives were seated on the right and Luo Sheng was on the left. In fact, it was nothing. The key point was that the people sitting on either side of him were Irene and Qin Weimu. beautiful woman.

This style of painting seems a bit strange, investors have an inexplicable kind of investment in Luo Sheng, whether it is reliable or not...

Others muttered in their hearts that Luo Sheng didn't know or was interested. After all the important shareholders' representatives had arrived, he decisively opened the chat box, glanced at the people sitting opposite, and said calmly and firmly:

"Frankly speaking, after the company completed the A round of financing, it actually has enough funds to grow the blue space until the company's IPO. But we are not satisfied with a single social product, so the company quickly has Cloud song search, Tieba, including the recently launched Reddit website in North America, these newly launched products look good so far.”

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

All the shareholder representatives nodded in agreement. They all acknowledged that Luo Sheng was flourishing in the Internet field, and he did have a set, so that all VCs could see the opportunity to make big money in the future.

Looking forward to it.

However, they changed hands and went to toss in the field of ICT integrated circuits. All VCs felt that the future of Bluestar was gloomy, and the development momentum was so good that he had to play badly.

After a while, Luo Sheng smiled and said, "Understood, so this time I invite everyone to come here to discuss a relatively compromised plan, to convert shares, only in this way will not harm the interests of the company and the shareholders, and at the same time, I can also go to the ICT field to toss. Now, or I won't give up."

All the investors were speechless. That's what he said, but everyone heard his subtext: I don't care, I'm just going to toss with integrated circuits. If you don't give me money, I'll let the company enter this field.

Simply rascal.

But for a while, there was no good way to take Luo Sheng. Now that several billions have been invested in it, it is the investors who have turned the table and lost blood at this time.

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 very straight.

Luo Sheng was not happy when he heard it, and asked back: "The company's development and financial situation are basically transparent to the major shareholders. I think whether the company's development is healthy, whether it has prospects and money, all shareholders know. "

Liu Wen was speechless.

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

After all, no one has trouble living 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. If Luo Sheng wanted to transfer his equity, he could take over. No problem. You have done a good job. When you are short of money, you will come to ask investors for money. You will not give it, nor will you give it. If you give it, you feel that it is too much of a loss, so you don’t continue to give it. floated? Still a loss!

It will only get deeper and deeper.

After thinking about it, as long as Bluestar Technology develops at the current pace, the IPO is not a big problem.

At this time, Li Yan, the head of SoftBank Capital, seemed to be very impatient and said: "Mr. Luo, please give me a quick word. They are all smart people, so don't be around the corner. Since our major VCs have already sat here, it means that we are basically clear. The cards are gone, can't we just accept them? This time we are admitting defeat, but please don't play this game again next time, this is overdrawing the trust of both parties, it is very dangerous, once is enough, and only acquiesce Indulge you once, but also for the last time."

Li Yan said "we" one by one, as if he could represent all investors, but surprisingly, when he said that, the representatives of other investors didn't express it, that is the default.

Mengqiu replied neatly: "Tell me, how much did you cash out this time?"

...

(Ask for a recommendation ticket ahhhh~~~)