After the meeting, Feng Yi and others left one after another, all of them were full of energy, and it was difficult to work in a start-up company full of potential in the future.

Erin stayed behind and reported to him on the company's current financial situation.

"The company's 77 million in pre-A round financing so far is less than 7 million, and even if it saves a little money, it can only last for a month at most. The company has now accumulated 90 million users, is it possible to consider playing small ads to make profits? If you can generate income, you may no longer need to need capital financing. ”

Luo Sheng didn't think about it when he heard it, and directly shook his head and vetoed: "When the number of users exceeds QQ or the cumulative level of 300 million, if it does not meet either of these two standards, Blue Space will not accept any advertisers." ”

It is worth mentioning that Luo Sheng has never worried about the monetization ability of the blue space, and VC investors also know this, that is, the precise advertising push brought by real-name social networking, which is not comparable to QQ.

But it is impossible for Luo Sheng to choose to harvest traffic and monetize profits at this time, and when to make a profit is the most critical issue.

In fact, the purpose is also very simple, Luo Sheng just wants to make users hooked with the blue space and develop user habits before placing ads, so as not to cause a large number of users to lose, after all, it is a very bad experience for users to play small advertisements or something.

Although Blue Space has now become a leader in the industry, it has not formed an oligopoly position that is difficult to shake, and it is short-sighted to rush to realize it now.

Luo Sheng smiled: "Don't worry, I'll solve the money problem, and I will definitely not let you, the chief financial officer, have no accounts, and make a detailed audit financial form as soon as possible." ”

Erin nodded: "Okay, give me three days or so." ”

In the following days, as the end of autumn approached, the Blue Space website launched the privacy slider function, which immediately began to open to the public, so that the blue space is not limited to college students or high school students, but all Internet users.

As the company's capital pool bottomed out more and more, the related work of the A round of financing should be put on the agenda, and Luo Sheng directly called Xu Chenghua in person.

"Brother Luo, let me guess, lack of money?"

Xu Chenghua, who was at Tengxun's headquarters, said with a smile, he was standing in front of the windowsill of his office, and he was communicating with Luo Sheng at the moment.

"Okay, then it's set in a week?"

"Yes."

"OK, I'll come to Shencheng in a week."

The two sides chatted for less than a minute before ending the communication, and Xu Chenghua gave a clear reply that Teng Xun will not be absent from the A round of financing, but he will not lead the investment again, because there is no cash flow.

Xu Chenghua did not hide this from him.

The development momentum of Bluestar Technology is there, and Luo Sheng is the founder, and major investors have recognized him more and more, after all, the performance is there.

Luo Sheng contacted the other three VCs who invested in the company during the pre-A round one by one, and all of them responded without exception to participate in the A round of financing.

The news that Bluestar Technology is going to raise funds again has spread in the industry, and the original four major investors Teng Xun, SoftBank Capital, venture capital funds and IDG technology investment funds are all absent.

In addition, it has attracted six other investors, one of which is Goldman Sachs, an investment institution that is popular on Wall Street and around the world.

Among the four major investors of Bluestar Technology, venture capital funds and IDG are VC capital from the United States, and Softbank is also foreign, including Tengxun, in fact, Tengxun itself also has overseas capital investment.

The investors introduced are basically overseas capital, mainly Wall Street.

There was no way, Luo Sheng found more than 30 companies in the early stage of entrepreneurship, and none of them were willing to invest in him.

Even now, there are still few domestic investors, they actually want to invest, but they missed the early stage, and their financial resources are no longer allowed, Teng Xun is the best example, shy and powerless.

In fact, for Luo Sheng, it is also necessary to introduce Wall Street capital, which is also beneficial to the company's future globalization, and the blue space to enter the European and American markets is Luo Sheng's biggest goal.

As a social networking site, it is good that Blue Space cannot make a name for itself when it enters the European and American markets, but once it becomes famous, it will inevitably be suppressed by Europeans and Americans, but with Wall Street capital in it, the situation will be much easier.

On other people's land, you must pull some local "land snakes", otherwise you can't play at all, and Wall Street is undoubtedly one of the strongest "land snakes".

……

The negotiation venue for this Series A financing is not the company, but the choice of a five-star hotel called "Baiyue" for negotiation.

Financing negotiations rarely take place on weekends, and at around 9:30 a.m. that day, Luo Sheng took Qin Weimu and his legal team to the Baiyue Hotel, while representatives and heads of major venture capital companies also came to the meeting place as scheduled.

There are a total of 10 leading institutions that came this time.

Luo Sheng and several people came to the hotel, and under the guidance of the hotel staff, they came to the conference room for consultation, and as soon as they came in, they met their old acquaintance Xu Chenghua.

After chatting for a few minutes, the heads of investment representatives such as IDG, Goldman Sachs, and SoftBank Capital also came.

At around 9:37, the door to the conference room was closed, and the Series A financing negotiations officially began.

Luo Sheng and the heads of several major venture capital institutions sat on an oval table in the conference room, and the people they brought with them sat in the second seat, and Qin Weimu and others sat behind Luo Sheng.

Li Yan, an executive of SoftBank Capital in China, took the lead in speaking: "I still remember Mr. Luo's bold words when the pre-A round of financing was made, the number of users in the blue space increased, 300 million in two years, to be honest, I didn't believe it at all, I think Mr. Xu, Mr. Liu and Mr. Chen, who were also present at the time, were the same." ”

Liu Wen, Xu Chenghua and Chen Tao did not speak, and their expressions were very relaxed, which was equivalent to acquiescence, which surprised the three new investors.

Li Yan continued with a smile: "But from the current point of view, the number of users in the blue space has exceeded 90 million today, and will soon exceed 100 million, and the monthly growth of users has reached 1500+ million, and the development speed is unparalleled in the industry." ”

This is the fundamental reason why Luo Sheng made a phone call, and these investors agreed without hesitation and immediately came to send money.

Luo Sheng said calmly: "The blue space is moving in the direction that the Internet wants to go, we have to be clear about what users really want, if what people want is just a huge echo chamber, or an illusory world, someone will fulfill their wishes and become a winner, as for those who do not provide, they will become a loser." ”

Luo Sheng added: "The key is that Blue Space is not a service, it is not a simple website, it should be a basic platform, and the scale of the future will be as huge as the Internet itself, believe me." ”

Meng Qiu, the head of Goldman Sachs Capital, was quite sideways, while the representatives of the other two major domestic investors looked at each other in astonishment, as huge as the Internet itself?

That's a ......

However, Xu Chenghua and the others were not surprised by this, and they all put on a noncommittal attitude.

There's no way, I learned the tone of this young man when I was in the pre-A round of financing, and I was crazy.

But the blue space website is now with real growth data in front of them, but Li Yan and several of them are very comfortable in the face, they don't mind this kind of slap in the face, the more the better.

"Then I'll mention it, the storytelling set is exempt, I know that you are the best at this set, and you have already learned it, there is nothing more convincing than growth data, Mr. Luo, you just directly say how much money you want to raise this time." Li Yan said calmly, it was just a quick talk.

"Uh......"

The heads of several other newly entered mainland investment companies wanted to stop talking, because when they were about to ask Luo Sheng about the blueprint for the future development of Bluestar Technology, they found that it was not only Liu Wen, but also the heads of Teng Xun, SoftBank Capital, and IDG who were also in a posture that I would give you as much as you say.

Even Meng Qiu, who represents Goldman Sachs, did not speak.

Can't you just think about the feelings of our group of small investment institutions?

……

(Ps: Ask for recommendation votes and collections in the new week, should you VC bosses also vote for a wave?) ）