Chapter 48: [BALT4 giant]

Investors are so refreshing, Luo Sheng has no hesitation, and quoted on the spot: "Based on the valuation of Bluestar Technology after the financing of 5 billion, the sale of 12% of the equity financing of 600 million, which is 72 million US dollars. "
When I heard this number, Xu Chenghua sighed with a sigh of anger in her heart and smiled bitterly in her heart, no money.
A group of investors quietly checked in their hearts. Luo Sheng's valuation of the company was almost less than their estimates, a little higher, but it would not be too expensive for VCs such as Goldman Sachs and SoftBank. More tangled.
At this time, Chen Tao looked at Luo Sheng and laughed: "General Luo, I have no opinion on the valuation, but can you sell more shares for 20%, 1.2 billion, and a valuation of 6 billion."
After hearing the words, Luo Sheng smiled and shook his head, "Even if you are willing to give it, I ca n’t spend so much money. This is not a waste of money. For the time being, it will be 600 million yuan. If it is spent in advance, President Chen will follow up. Round financing cannot be absent. "
Chen Laochen also said casually that he knew Luo Sheng was the master of personal ghosts. He was a rare and extremely sly little fox. It was harder to get a price from him than to climb the sky.
The others in the meeting couldn't help but feel defamatory in their hearts. It was a real hell. Before that, there was a horse boss who had a raccoon, and now another one has emerged. This year, there are still investors who think they have given too much money.
What's more terrible is that the founder over there still thinks that there is too much money? If this is spread out, how embarrassing it is for those entrepreneurial teams who are looking forward to attracting investment all day.
I should know that the current market, although the industry is saying that the winter has gone, is picking up.
But just look at how many companies have raised funds in the capital market. It's still cold, and many companies' loans and financing are more difficult than ever.
As for Bluestar Technology, that is the exception.
There weren't many accidents. After watching the audited financial statements prepared by Luo Sheng, the major VCs checked the third-party audit team they sent, and everything was exactly the same. Luo Sheng didn't fool people, and the investors also Without doubt, consensus was quickly reached.
This time the Series A financing was led by the newly entered Goldman Sachs Capital, and the efficiency was also much faster than the previous Pre-A financing.
The six newly-added VCs except Goldman Sachs Capital are basically inaccessible. It is so simple to take money to take equity. They do not agree. Li Yan must wait for one to share this piece of cake. Blue Star Technology is now the capital of the capital. Alas, the kind that is not too much to come is the most dazzling star in the current depressed market.
After the A round of financing, the shareholding structures of Bluestar Technology are:
Option pool reservation: 12.28%
Luo Luosheng: 57.59%
Xu Xuyong: 6.39%
Tengxun: 9.37%
Soft Bank: 4.45%
Goldman Sachs: 3.35%
Venture Capital: 3.13%
IDG: 2.8%
Others: 0.64%
的 The 12% equity transferred from the Series A financing will also be automatically converted from Class B equity to Class A equity without voting rights.
The major investors will contribute capital according to their shareholdings. About two hours later, Luo Sheng completed the agreement signing with the major investors, and the funds will be credited into the company account on time after ten days.
The $ 600 million fund is not a small amount and naturally takes a little time, but the efficiency is also fast.
With the successful completion of the A round of financing, the news has spread in the industry shortly after the signing ceremony was completed.
Bluestar Technology successfully obtained 600 million yuan, excluding exchange rate changes equivalent to approximately 72 million US dollars in financing, the company's valuation is 5 billion, and is currently the only Internet company in the domestic Internet industry with a valuation of more than 5 billion unlisted companies.
It's just a few days since the news of the act was swiped on the screen. Then another well-known Internet company was also revealed to have completed a super-large amount of financing. That is, Atan Baba successfully obtained a third round of financing of 82 million US dollars. Bluestar Technology has $ 10 million more.
传入 The news passed into Luo Sheng's ears, which made him quite surprised, because he remembered that the third round of Atan Baba's financing should start next year, and it is obviously more than half a year earlier.
Luo Luosheng found that most of it was because of his appearance that this world has quietly changed.
The birth of the two huge financing rounds almost occupied the front page of the industry news. Among them, people paid particular attention to SoftBank Capital and found that Softbank Capital participated in these two huge financing incidents.
SoftBank's investment in Bluestar Technology exceeded US $ 15 million, which is the second investment in the Series A financing after Goldman Sachs Capital. Among the US $ 82 million in Alibaba's financing, the Softbank family has smashed US $ 60 million.
A few days later, the third financing news broke out, and that was Shanda. The VCs involved in the financing had the shadow of Goldman Sachs and SoftBank Capital.
Wall Street is particularly keen to invest in domestic Internet startups. The birth of these three investments has once again heated up the Internet industry.
The four most well-known unlisted companies in the Mainland are Baidu, Tencent, Ajue, and Blue Star. The media in the industry have been accustomed to categorizing these four companies as "BALT", which are called the four unlisted domestic Internet companies The big giants are all optimistic about the investment community.
Among them, the most talked about is Blue Star Technology and its founder Luo Sheng. From the start of the company in February to the current round of financing of $ 7,200, it took less than eight months to complete the other three. Internet companies have a history of more than three years.
闪电 Blue Star Technology's lightning rise is on the one hand, and on the other hand, the cause that attracted worldwide attention is the founder Luo Sheng, who dropped out of Fuda to start a business and is still about 19 years old.
At this age, everyone else is gilded on the college campus, love is in love, and he has founded a company with a valuation of 5 billion.
Do not be too topical.
However, for Luo Sheng himself, he did not pay attention. The media wanted to interview him. Many media organizations issued invitations to interview him, but apparently, he did not have any time to accept such meaninglessness. Interview.
Uh ...
上 In early October, the Golden Trade Building, Blue Star Technology's internal high-level meeting.
Luo Sheng held a meeting, and senior management of more than ten companies including Xu Yong, Feng Yi, and Qin Weimu arrived in the meeting room on time. Half of the current core management team of Blue Star Technology was promoted internally, and half Professional executives identified through commissioning headhunting companies. Most of these professional executives are under 35 years old. There are domestic people and foreign executives who joined only a few days ago.
From the beginning, Luo Luosheng's structure has been focused on globalization. The company has grown and expanded, and overseas employees must be indispensable.
As the meeting started, Chief Operating Officer Zhang Bowen took the lead to make a brief report on basic data: "As of now, the global user volume of Blue Space (Overseas Bluespa) has exceeded 100 million three days ago, of which overseas users It reached 6.5 million and the North American market reached 4.75 million. "
Luo Sheng, the chief of the meeting, nodded, facing everyone: "Everyone present here is the core management of the company. We can't treat BlueSpace as a service, a simple website, but a basic platform. The scale will be as huge as the Internet itself, which is also the ideal we are fighting for-linking all humanity. "
Speaking of which, Luo Sheng looked at the only foreign executive who attended the meeting and said, "... So, the expansion of the overseas market cannot be slowed down, it can only be accelerated, the investment cannot be reduced, and it can only be increased. A round of financing Earned US $ 72 million, the company will not be short of money before closing this year. Pay attention to the localization of products in the local area. Overseas expansion is mainly based on hiring overseas employees. Cross-sectoral divisions are established to respect localization and local cultural practices. I The requirements are simple, dominant! "
Luo Sheng also addressed to all the participants, adding: "The company's next core strategy is still to expand and open to the public. It happens that instead of receiving a lot of user feedback, then college students are allowed to send high school students at the request of users. Add them as their friends. The company ’s expansion plan is mainly based in Greater China and taking into account overseas markets. Our company is positioned as a global Internet technology company. If we only focus on a single regional market, what else can we talk about connecting all human beings? "
At this time, the only white executive of the company, named George Charles, spoke to Luo Sheng and said in English: "Uh, forgive me for interrupting your words, BOSS, but I think there is something worthwhile to ask you report."
Speaking of, it ’s not easy to land in North America in the blue space. UU reading www.uukanshu.com but anyway, it is also a successful trip across the ocean. This time, Goldman Sachs Capital is behind it. Many Wall Street investors led by Goldman Sachs Its endorsement is even more powerful for business development in the North American market.
Luo Luosheng looked at George and naturally stretched out his hand, "Please speak."
George Charles nodded, and then said, "According to what I have obtained, last month or so in September, Silicon Valley launched a website that closely resembles the BlueSpace social model and received a $ 2 million venture capital investment. "
When Luo Sheng couldn't help hearing a brow, he immediately emerged "Facebook" in his mind. Shouldn't it be Xiaozhan that jumped out?
A moment later, Luo Sheng asked, "What is the website name? Who is the founder?"
However, even if he jumped out, Luo Sheng was confident to rub him on the ground.
George Charles immediately responded: "The domain name of the website is [], and the founder is Chris DeWolfe. I have visited this website, and it can provide users with multiple functions such as making friends, sharing personal information, and instant messaging. An integrated interactive platform. By creating a private community on MySpace, you can share photos, diaries and hobbies with common friends, see who those friends are, or how everyone is connected ... "
Xu Yong and Feng Yi, who were in the conference room, could understand English, and all of them were dull when they heard George's words.
After being quiet for a while, Xu Yong said helplessly: "Well, there is one in the country, and one in 51. Now North America, the largest single overseas market, has also emerged. The industry is preparing to be iron-hearted and want to touch me. Xing Technology crosses the river, this group of people are behind us, and you accidentally hit a knife on your back, Mara has a hip. "
Uh ...