Global Monopoly of Technology

Chapter 140 [Eve of Listing IPO]

Wall Street, Goldman Sachs headquarters.

"Unfortunately, it's a big loss, a big loss." A Goldman Sachs executive shouted a pity in the office and sighed.

What he was holding in his hand was a paper newspaper, the Wall Street Journal, and the headline on its front page was the content of the first-quarter audited financial report of Bluestar Technology Group.

"It's a big loss? Sir, where do you start? Bluestar Technology Group's financial report far exceeds Fact

.5% of analytical expectations. ' said his assistant, puzzled.

"Because of this, the loss is huge. If you don't rush the company's team to enter the realization stage, you will be able to enter the next round or even the next round of financing, so as to eat more equity." Paul Watson said. .

His assistant was a little speechless when he heard this, and he couldn't stand it any longer. He couldn't help but slander in his heart: Damn, it's really greedy capital, and people are not enough.

In fact, after seeing the audited financial report, several major investors of Bluestar Technology Group were overjoyed and immediately called out a big loss. If they had known this would be the case, they would never have rushed to urge the Luo Sheng team to hurry up. profit.

it's good now.

It never occurred to me that Bluestar Technology Group would complete its financial turnaround in the first round of traffic harvesting, directly allowing the situation in a high-risk area to achieve a safe landing.

It is no doubt the second Google.

The potential is even greater than that of Google, because the traffic harvesting this time is only in the real-name social business sector of Bluestar Technology, and there are more businesses under this company that have great potential.

It is no exaggeration to say that as long as there are no accidents, Bluestar Technology will continue to develop steadily, and its future and money will be limitless.

Similarly, the major VCs also understand one thing, as long as the Luo Sheng team is not stupid, they will definitely not raise funds as frequently as before.

This financial report has already shown that Bluestar Technology Group can support the entire fast-growing company by relying on the business of the first sector, and it is the most incredible to have a small surplus while making up for the huge losses in other business sectors. 【#*爱奇文#~Free reading】

In fact, even if the VCs on Wall Street don't urge Luo Sheng to cash out, he won't drag it on.

Because the company's equity transfer has almost reached his psychological expectations, it is no surprise that Bluestar Technology's private offering ends at the C round of financing.

...

the next day,

After Bluestar Technology disclosed its audited financial report for the first quarter, it held a media conference. The industry media rushed to hear the news, and Luo Sheng rarely appeared at this conference and would personally answer questions from the outside world.

He still wore his iconic T-shirt, jeans and sneakers at the media conference, which has been dubbed the IT boss suit by the majority of netizens.

Luo Sheng's speech and demeanor are full of confidence and maturity.

The industry is full of emotion. An audited financial report has brought him and the Bluestar Technology Company he founded to a whole new level. It is no wonder that this fast-rising Internet start-up company is favored by so much capital. It really makes sense.

How could Wall Street do something stupid, long overdue.

At the press conference, Luo Sheng calmly said with a confident smile: "As one of the most popular social networking sites in the world, BlueSpace has created a storm on the global Internet, and the interactive space it provides can Connecting members to 'friends'. Now, asking 'are we friends on BlueSpace' has become a social phenomenon."

In the face of many media shots, Luo Sheng was calm and determined, his smile remained the same, and his words revealed a clear logic.

“The international version of BlueSpace currently has more than 35 million monthly visitors in North America, with more than 10 billion total page views, and an average user visits the site 15 times a month, with nearly 20 page views each time. Our team is proud of BlueSpace's performance and user engagement by this standard."

Having said this, Luo Sheng added with a smile: "In fact, earlier, we thought that we would only usher in the fastest growth after we launched a large number of different language versions and reached a large number of people in different countries and regions. But in just two years, we have always been in a period of rapid growth. Since its inception, the number of new users of BlueSpace has been growing at an amazing rate, and winning new users has become an easy thing, our team It was also incredible.”

The sudden wave of bragging caught the reporters present off guard, and after they reacted, they were unable to refute.

This makes the people in the industry feel ashamed, really ashamed.

For Bluestar Technology, winning new users is indeed an easy thing to do.

envy, jealousy, hate!

The release of the audited financial report for the first quarter not only shocked the industry, but also inspired and stabilized the hearts of all employees of the company.

Although the company's treatment is the top in the industry, it has never been profitable before, and from the perspective of an employee, it has always been unstable and has no sense of security.

The Internet is an industry that changes every year. Many Internet startups have great potential at the beginning of their creation, but they die quickly. Internet companies that can live past their one-year anniversary are considered successful.

It can be seen that the cruelty of this industry does not mean that it is easy to play. Once many Internet startups are no longer favored by capital, stop investing or even withdraw capital, they will immediately fall from heaven to the abyss.

Before that, Bluestar Technology was actually quite small. In just two years or so, it has grown into a large company with more than 5,000 employees worldwide. During this period, hundreds of millions of VC funds have been burned. may collapse.

Once such a bad situation occurs, it is unacceptable for the company's employees, especially those who love the working environment, atmosphere and corporate culture of Bluestar Technology.

However, all this disappeared with the disclosure of the company's first-quarter audited financial report. Bluestar Technology gives the impression that it has achieved profitability overnight. You must know that before this, it was a quarterly loss of more than 3.5 billion. Yuan's company.

It is no exaggeration to say that it is a gold swallowing beast.

Now not only has it turned losses into profits, but the net profit in the first quarter has also hit a record of 14.66 million yuan. The company's major investors are now reassured, and so are the company's employees.

At the end of the media conference, Luo Sheng did not accept any media interviews and returned to the work level again.

Half an hour later, Luo Sheng presided over the meeting of the board of directors. At this moment, the directors, the representatives of the interests of several major external investors, had nothing to say, and looked at Luo Sheng differently.

That kind of feeling is like... handing tea to the boss.

Well, that's how it feels.

The data that blinded the industry and investors in the audited financial report for the first quarter further weakened the voice of the directors nominated by these shareholders.

In fact, this errand is quite good. For those outside directors, they come over every day to sign in and punch a card, and they are done.

The more ruthless check-in and punch-in are simply avoided, and go directly to travel, play golf, etc., and Luo Sheng will come to the company when the board of directors is held to go through the process.

Then do what.

"Everyone, today's meeting is about a question. Regarding the IPO of Bluestar Technology, I have decided to go public in the United States next year." Luo Sheng said as he looked around the board members.

As soon as these remarks came out, the nominee directors of many external investors couldn't help but be stunned for a while.

"what?"

"IPO next year?"

"Bluestar Technology has just completed the C round of financing, will it be too fast?"

When this topic was thrown, everyone in the meeting immediately spoke up, obviously surprised by Luo Sheng's decision. Now, these VCs don't want Luo Sheng to be in such a hurry to go public. They really turned around overnight. At this time, Luo Sheng is the one who insisted on going public.

Since the company is going to go public, the IPO should be carried out at the best time. At this time, your voice must be louder than that of the VC. If you choose to be in a bad market, the tone of your voice to the VC will be less confident.

Luo Sheng suppressed his gesture, and soon became quiet. After taking a sip of water, he said calmly:

"The first quarter financial report disclosed by the company is the most complete and detailed audited financial report, and it is also the first time that the outside world has clearly learned about the financial situation and market size that Bluestar Technology has kept secret for more than two years since its establishment. Go through the listing process.”

Under normal circumstances, investors are eager for the start-up company to go public as soon as possible, and try to create opportunities for listing.

But Bluestar Technology is obviously an exception. This is a sweet pastry. Large investment institutions want to take more equity. Of course, they can buy and hold on a large scale after listing, but the financial cost must be much larger, and it is not preferred stock.

This board meeting ended soon. The purpose was to let them inform the shareholders behind them and prepare to hold a shareholders meeting, mainly Goldman Sachs Capital, and quickly dispatch people who can talk to discuss and prepare for the IPO plan together.

Launching the listing process is a very complicated process, and it can be done within a few months of listing in the United States.

But Bluestar Technology has a huge scale and too many major shareholders. It takes a lot of time just to talk about it. Luo Sheng naturally has to prepare early, but he can't be in a hurry.

After the meeting, the major directors went back to report to their shareholders. Luo Sheng held another meeting with the senior management and dealt with some matters. After an hour and a half, he left Bluestar Technology and devoted himself to Cote d'Azur. on company-related matters.

...

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