Chapter 47: [Just tell me how much it costs]

毅 After the meeting, Feng Yi and others left successively, all of them were full of enthusiasm. Working in a startup company with full potential in the future, it is difficult to think of no motivation.
Aileen stayed and reported to him about the company's current financial situation.
"The company's 77 million pre-A round of financing so far has less than 7 million. Even if it saves a little money, it can only last for a month. The company has now accumulated 90 million users, is it right? Can you consider making small ads profitable? If you can generate income, you may not need capital financing. "
Luo Luosheng didn't want to shake his head when he heard it. "When will the number of users exceed the QQ or the cumulative amount of 300 million, let's say that if they do not meet any of these two standards, the blue space will not accept any advertisers."
It is worth mentioning that Luo Sheng has never been worried about the realizing ability of the blue space, and VC investors also know this, that is, precise advertising push brought by real-name social, which is not comparable to QQ.
But Luo Sheng is not likely to choose to harvest the flow of cash at this time to realize profit, when the profit is the most critical issue.
In fact, the purpose is also very simple. Luo Sheng just wants to get users to be obsessed with blue space and develop user habits. After that, he will place advertisements, so as not to cause a large number of users to lose. After all, for users, what is a small advertisement? Very bad experience.
Although the blue space has now become the industry leader, it has not formed an oligarch position that is difficult to be shaken. It is short-sighted to rush to cash now.
Luo Luosheng laughed: "Don't worry, I will solve the problem of money. I will definitely not let your CFO run out of accounts and make a detailed audit financial form as soon as possible."
Eileen nodded: "Well, give me about three days."
The next day, as the end of autumn approaches, Blue Space website launched the privacy slider function, and immediately began to open to the public, so that Blue Space is not limited to college students or high school students, but all Internet users.
As the company's funding pool bottomed out, the related work of Series A financing should be put on the agenda, Luo Sheng directly called Xu Chenghua in person.
"Brother Luo, let me guess, are you short of money?"
Xu Chenghua, who was at Tengxun's headquarters, said with a smile, he was standing in front of his office window sill and was communicating with Luo Sheng at the moment.
"Okay, then it will be a week later?"
"Yes."
"OK, I'll come to Shencheng in a week."
The two parties ended the communication after less than a minute of chatting. Xu Chenghua gave a clear reply. This round of financing A Teng Xun will not be absent, but will not lead the investment again because there is no cash flow.
This point Xu Chenghua did not hide from him.
Bluestar Technology's development momentum is placed there, plus Luo Sheng as the founder, major investors have increasingly recognized him, after all, performance is placed there.
Luo Luosheng contacted the other three major VCs who invested in the company during the pre-A round, and all of them responded without exception to participating in the A round of financing.
The news that Bluestar Technology is about to raise financing has spread in the industry. None of the four major investors, Tencent, SoftBank Capital, Venture Capital Fund and IDG Technology Investment Fund, were absent.
In addition, it has also attracted six other investors, one of which is the investment institution Goldman Sachs, which is like a thunderbolt on Wall Street and globally.
Among the four major investors of Bluestar Technology, venture capital funds and IDGs are both VC capital from the United States, and SoftBank is also foreign. Including Tencent, in fact, Tencent itself has overseas capital investments.
The investors introduced are basically overseas capital, mainly Wall Street.
There was no way, Luo Sheng found more than thirty in the early stage of entrepreneurship, none of them were willing to invest in him.
Even though there are still few domestic investors, they actually want to invest, but they have missed the early stage, and financial resources are no longer allowed. Teng Xun is the best example. They are shy and weak.
In fact, for Luo Sheng, the introduction of Wall Street capital is also necessary, which is also beneficial to the company's future globalization. It is Luo Sheng's biggest goal to enter the European and American markets in the blue space.
Blue Space is a social networking site. It ’s okay to enter the European and American markets to make a name for itself. Once the name comes out, it will inevitably be suppressed by Europeans and Americans, but it will be much easier with Wall Street Capital in it.
When it comes to other people's land, you must pull some local "earhead snakes", otherwise you can't play at all. Wall Street is undoubtedly one of the strongest "earhead snakes".
Uh ...
地点 The venue for this round of A financing was not at the company, but instead it was chosen to negotiate at a five-star hotel called Baiyue.
Financing consultations rarely take place on the weekend. At about 9:30 a.m. on the same day, Luo Sheng took Qin Weimu and his legal team to the Baiyue Hotel. At the same time, the representatives of the major venture capital companies also came as promised. Arrived at the meeting place.
There are ten popular institutions coming this time.
A few people from Luo Sheng came to the hotel, and led by the hotel staff to the conference room for consultation. As soon as they came in, they met the old acquaintance Xu Chenghua.
After chatting for a few minutes, the heads of investment representatives such as IDG, Goldman Sachs, SoftBank Capital, etc. also came.
At around 9:37, the door of the meeting room was closed, and the round A financing consultation officially started.
Luo Luosheng and the heads of several major venture capital agencies sat at an oval table in the conference room, and the people they brought in were second, Qin Weimu and others sat behind Luo Sheng.
Li Yan, a senior executive of SoftBank Capital in China, took the lead to say, "I still remember the arrogance of Mr. Luo when the pre-A round of financing was launched. The number of users in the blue space has increased, and within three years, 300 million. At the time, I didn't believe it at all. I think President Xu, President Liu and President Chen who were also present at the time were also the same. "
Liu Wen, Xu Chenghua and Chen Tao didn't say anything. They looked relaxed and relaxed, which is the default, which surprised the three new investors.
Li Yan continued with a smile and said, "However, from now on, the number of users in Blue Space has exceeded 90 million today, and it will soon exceed 100 million. The monthly growth of users has reached 15 million + million, and the development speed is at No one in the industry can match it. "
This is the fundamental reason why Luo Sheng made a phone call in the past and the investors did not hesitate to promise to send money immediately.
Luo Sheng calmly said: "Blue space is moving in the direction that the Internet wants to go. We must know what users really want. If people want only a huge echo room, or an unreal world, someone Will satisfy their wishes and become a winner ~ EbookFREE.me ~ As for those who have not provided, they will become losers. "
Luo Luosheng added: "The key is that Blue Space is not a service, not a simple website. It should be a basic platform. The scale of the future will be as huge as the Internet itself, believe me."
孟 Meng Qiu, the head of Goldman Sachs Capital, has quite a glance, while the representatives of the other two major domestic investors look in astonishment, as big as the Internet itself?
This tone is really ...
It was Xu Chenghua who was a few of them, and it was not strange to see this, and they all took an unwilling attitude.
I ca n’t help it. When I was in the pre-A round of financing, I learned the tone of this young man and it was crazy.
But the real growth data of the Blue Space website is now in front of them, but Li Yan and their several faces are very comfortable. They don't mind this kind of face, the more the better.
"I'll mention one thing. I don't need to tell a story. I know you're the best at it. You have already been taught about it. There is nothing more convincing than increasing the number of figures. You simply say this directly. How much money will be raised secondarily. "Li Yanqi said calmly, almost happily.
"Uh……"
Several other newly-introduced mainland investment leaders were overwhelmed because they were just asking Luo Sheng's blueprint for the future development of Bluestar Technology, and found that it was not just Liu Wen, Teng Xun and SoftBank Capital. The leaders of IDG are also in a position to give as much money as you say.
He did not even speak Meng Qiu, who represents Goldman Sachs.
Can't I think about the feelings of our group of small investment institutions?
Uh ...
(Ps: Recommended votes and collections for the new week, should VC bosses also follow suit?)