Chapter 074 [Overdrawing the trust of both parties, it's dangerous]

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

"Brother Luo, your trick is really ruthless, why do you suddenly want to enter ICT? Is it to compete with Huawei and Ericsson? Or is it IBM, Intel competition? Xu Chenghua's tone on the phone seemed weak and helpless.

He has just received the news of the agenda of the board of directors, and the 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-way hooligan.

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

Here Luo Sheng is shouting that he wants to enter the ICT field, and it will be 100 million US dollars in one smash, which is in the eyes of all VCs, and it is absolutely for nothing.

Although he retreated to transfer his personal equity and took the cash out to play by himself, so that even if he lost everything, it would be his own money, and it would not affect the entire company.

But this is what makes investors unhappy, and his trick is too unkind.

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

Now that he is trapped by Luo Sheng, if he doesn't buy the equity he transferred so that he has the funds to play on his own, he will let the company enter the ICT field, and you haven't stopped him, neither the shareholders' meeting nor the board of directors can oppose it.

Bluestar Technology has not yet been listed on the IPO, and there is only one situation that can be cashed out in advance, that is, to transfer the equity of Bluestar Technology held in hand, but the question is who will buy it? As an investor, if you run away before the IPO, you obviously feel that you are cheating, who will buy it?

Therefore, for major investors, now that they have invested so much money and are deeply trapped, they can only continue to throw money into it, stabilize Luo Sheng, stabilize the company, and hold on until the IPO is successful, and it can be decided at any time whether to leave or stay.

At this moment, Xu Chenghua hurriedly said with a serious tone: "Brother Luo, you are really irrational in doing this, which is equivalent to offending the world's top investors, yes, the money has been invested in you, and it can't stop you, but what about the future?" What should I do if I can't get the money for the next financing? If VC doesn't invest a penny, the company may die, and Bluestar has only been in the B round of financing until now, even if the market is very good, it will take two rounds to go public. ”

"Mr. Xu said seriously, even if he can't get financing in the future, the biggest impact on Bluestar Technology is that the development and expansion speed has slowed down, and the time to become bigger and stronger has been extended, and he is dead? That's an exaggeration. Luo Sheng smiled confidently, but in Xu Chenghua's ears, he was speechless when he heard that he was a dead pig who was not afraid of boiling water.

Luo Sheng didn't know what was going on in his head, and then replied: "As long as I want to, the company's next quarterly financial statements can achieve profitability, and the real-name social networking of the blue space website can carry out advertising business more accurately, which means that the value of a single user is much higher than that of QQ users, and its monetization ability is at least ten times more than that of your company's QQ show products, and most of my users are overseas, and the consumption power of Europeans and Americans is higher, right." ”

Xu Chenghua was silent, because Luo Sheng was right, QQ's advertising monetization ability is very poor, and he has been confused for a long time, because it is difficult to accurately place ads, because users are virtual, just like if you put a razor ad and push it to a primary school student, he doesn't need it, the ad is in vain.

Over time, it will naturally not attract advertisers, or the advertising fee 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 financial comeback this year.

But the blue space under Bluestar Technology is different, because it is a real-name system, the positioning of the advertising group is more accurate, and there will never be advertisements such as pushing children's books to college students and razors to sister paper.

As an advertiser, it is natural to prefer to find advertisements in the blue space, and 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 talk about it when we meet." ”

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

……

Half a month later, VC shareholders such as SoftBank, Goldman Sachs, Venture Capital, and Morgan, which invested in Bluestar Technology, sent representatives to Sioux City and came to the company's headquarters.

These investors really love and hate Ross as an entrepreneur to a new level, and it is the first time they have encountered this kind of anti-VC entrepreneur after so many years in the industry.

At about ten o'clock in the morning, everyone gathered in the company's conference room, and all the shareholder representatives arrived, Xu Chenghua also came this time, he represented Teng Xun, and is also the second largest shareholder of Bluestar Technology.

At this moment, everyone looked at Luo Sheng's face a little strangely, because the painting style was a bit like that......

The two sides sat at a large conference table, all the shareholder representatives and responsible persons sat on the right, and Luo Sheng was on the left, in fact, this was nothing, the key was that the people sitting on both sides of him were two beautiful women, Erin and Qin Weimu.

This style of painting looks a little weird, and investors inexplicably have a kind of investment in Luo Sheng......

The others muttered in their hearts that Luo Sheng didn't know and wasn't interested, and after all the important shareholder representatives had arrived, he decisively opened the chatterbox, glanced at the person sitting opposite, and said calmly:

"Frankly speaking, after the completion of the Series A financing stage, the company actually has enough funds to allow Blue Space to grow and grow until the company's IPO. But we weren't satisfied with a single social product, so the company soon had Yunge Search, Tieba and the recently launched Reddit site in North America, which are looking pretty good at the moment. ”

"But Mr. Luo, this is not a reason for you to enter the ICT field, the cross-border is too big." Meng Qiu, who represents Goldman Sachs Capital, said that he actually has a good impression of Luo Sheng.

All the shareholder representatives nodded in agreement, and everyone admitted that Luo Sheng was playing well in the Internet field, and there was indeed a set of rules, so that all VCs could see the opportunity to make a lot of money in the future.

Very promising.

However, when he changed hands, he went to the field of ICT integrated circuits, and all VCs felt that the future of Bluestar was bleak, and the development momentum was so good that he had to be bad.

After a while, Luo Sheng smiled and said: "I understand, so this time I invite everyone to come over to talk about a relatively compromise plan, the transfer of shares, only in this way will not damage the interests of the company and shareholders, and at the same time, I can also go to the ICT field to toss, otherwise I will not give up." ”

The investors were speechless, saying so, but everyone heard his subtext: I don't care, I just want to toss integrated circuits, if you don't give me money, I will let the company enter this field.

It's a bummer.

But for a while, there was no good way to take Luo Sheng, and now he has invested billions of dollars, and it is the investors who are losing money at this time.

Liu Wen of the venture capital fund suddenly said half-jokingly: "Mr. Luo, do you want to cash out in advance under the guise of entering the ICT field?" ”

That's a straight one.

Luo Sheng was not happy on the spot when he heard this, and asked rhetorically: "The company's development status and financial status are basically transparent to the major shareholders. ”

Liu Wen had nothing to say.

The company is well run, has great potential and a promising future, and the founder dares to talk to investors like this.

After all, no one is going to have trouble with money.

In any case, it cannot be denied that Bluestar Technology Company is a rare high-quality stock and potential stock in the global Internet industry.

Before the major VCs sent agents to talk to Luo Sheng, they had already negotiated internally, Luo Sheng wanted to transfer the equity in his hand, he could take over, no problem, it was better than letting him take the funds of Bluestar Technology Company to make a good fortune, and when he was short of money, he came to ask the investor for money, and when the time came, you didn't give it, and it didn't give it, and it felt too much to give, and if you didn't continue to give, the big investment in front of it was not equivalent to a waste? Still a loss!

It's only going to get deeper and deeper.

Thinking about it, as long as Bluestar Technology develops at the current pace, the IPO is no big problem.

At this time, Li Yan, the person in charge of SoftBank Capital, seemed to be very impatient and said: "Mr. Luo, give me a happy word, if you are all smart people, don't beat around the bush." Since our major VCs are already sitting here, it means that they are basically open cards, and we can't accept them? This time we admit it, but please don't play this set next time, this is overdrawing the trust of both parties, it is very dangerous, once is enough, and only acquiescing to conniving you once, but it is also the last time. ”

Li Yan said "we" as if he could represent all investors, but surprisingly, he said that the other investor representatives did not say it, which was acquiescence.

Meng Qiu simply replied: "Say, how much did you cash out this time?" ”

……

(Ask for a recommendation ticket, ah, ah, ah~~~)