Chapter 74: [Overdraft of trust from both parties is very dangerous]


不到 Less than half an hour after the meeting, Luo Sheng received a call from Xu Chenghua in his office.
"Brother Luo, your trick is to pay too much money. Why do you suddenly want to enter ICT? Do you want to compete with Weiwei, Ericsson or IBM or Intel?" Xu Chenghua's tone on the phone seemed weak. Helpless.
He has just received the news of the board's agenda, and other major shareholders have also received relevant news in no surprise.
At this time, Luo Sheng seemed to make a step forward, and proposed to transfer his personal holdings to cash out, but this is obviously a hooligan.
Everyone is investing so much money into it now, they are trapped and can't walk for a while.
Here, Luo Sheng is eager to enter the ICT field. One hit is 100 million U.S. dollars. In the eyes of all VCs, this is a trick, absolutely free.
Although he reluctantly transferred his personal equity next, and took the cash out to play by himself, so even if he lost everything, it was his own money, without affecting the entire company.
But what makes investors uncomfortable is here. His trick is really unkind.
Luo Sheng's operation is indeed a bit unkind, but he has no psychological pressure at all. In the case of VC, if there is a chance, he will definitely eat the blue star without spitting out a bone.
I am now locked up by Luo Sheng. If he does n’t buy the equity he transferred to let him have the funds to play by himself, he will let the company enter the ICT field. You have n’t stopped him, neither the shareholders meeting nor the board can object.
Bluestar Technology currently has no IPO and can't walk without wanting to go. There is only one case that can be cashed out in advance, and that is to transfer the equity of Bluestar Technology held in its hands. But who will buy it? As an investor, you run away without an IPO. It obviously feels like a pitman. Who would buy it?
Therefore, for the major investors, now that they have invested so much money, they have been deeply locked in. They can only continue to throw money into it, stabilize Luo Sheng, stabilize the company, and support it after the successful IPO. It can be decided at any time.
At this moment, Xu Chenghua quickly and carefully said, "Brother Luo, what you are doing is really irrational. It is equivalent to offending the top investors in the world. Yes, money has already been invested in you and cannot stop you. But what about the future? What to do if I do n’t get any money for the next financing? The company may die if the VC does n’t invest a penny. Blue Star has only raised a round of financing until now. To go public. "
"Mr. Xu is serious. Even if financing is not available in the future, the biggest impact on Bluestar Technology is the slower development and expansion. The time to grow bigger and stronger has been lengthened and died? Exaggerated." Luo Sheng smiled confidently, but listening to Xu Chenghua's ears was like a dead pig not afraid of boiling water, and he was speechless.
Luo Sheng didn't know what was in his mind, and then replied: "As long as I think, the company's financial statements will be profitable in the next quarter, and the blue space website real-name social network can more accurately conduct advertising business, which means a single The user value is much higher than that of QQ users, and its monetization capacity is at least ten times that of your company's qq show products, and most of my users are overseas. European and Americans have higher spending power, right. "
Xu Chenghua was silent, because Luo Sheng was right, the advertising ability of QQ is very poor, and it has been confused for a long time, because it is difficult to accurately advertise, because users are virtual, just like you put a scrape Hu Dao's advertisement was pushed to a primary school student, he didn't need it, the advertisement was cast for nothing.
Over time, naturally, advertisers will not be attracted, or advertising fees will be pitifully low.
If it was not for the great success of the QQ Show, Tengxun would not be able to make a big financial turnaround this year.
But the blue space under Bluestar Technology is different, because it is a real-name system, and it is more precise for the advertising group. There will never be advertisements such as pushing children's books to college students and pushing razors to sister paper.
As an advertiser, I naturally prefer to find ads in the blue space, and the potential advertising potential is strong, which is also the main reason why the capital market is optimistic about Blue Star Technology.
At the end of the day, Xu Chenghua sighed, "Let's do it, let's meet again."
He can see it, this young man went to the dark with all his heart.
Uh ...
Twenty-five months later, VC shareholders such as Softbank, Goldman Sachs, Venture Capital, and Morgan that invested in Bluestar Technology sent representatives to Sioux City and arrived at the company's headquarters.
This group of investors really loves and hates a new height for the entrepreneur of Ross. For so many years in the industry, they have encountered this kind of anti-VC entrepreneur for the first time.
左右 At about 10 am, everyone gathered in the company's conference room, and all the shareholders' representatives arrived. Xu Chenghua also came this time. He represents Teng Xun, and is currently the second largest shareholder of Blue Star Technology.
At this moment, everyone looked at Luo Sheng with a strange look, because the painting style was a little bit ...
The two sides sat at a large conference table, all the shareholders' representatives were on the right, and Luo Sheng was on the left. In fact, this is not much. The key is that the people sitting on his two sides are Erin and Qin Weimu. Pretty woman.
画 This style of painting seems a bit strange. Investors have an inexplicable investment. Luo Sheng is not reliable ...
Others muttered in his heart that Luo Sheng did not know or was interested. After all the important shareholder representatives had arrived, he decisively opened the box, glanced at the person sitting opposite, and calmly said:
"Frankly, after the completion of the Series A financing phase, the company actually has enough funds to develop and grow the blue space until the company's IPO. But we are not satisfied with a single social product, so the company soon has Yunge Search and Post Bar include the recently launched Reddit website in North America. These newly launched products currently look good. "
"But Mr. Luo, this is not the reason why you want to enter the ICT field, the cross-border is too big." Meng Qiu, speaking on behalf of Goldman Sachs Capital, said that he actually has a good opinion of Luo Sheng.
All the shareholders' representatives nodded in agreement. Everyone acknowledged that Luo Sheng's popularity in the Internet field is indeed a set, so that all VCs can see the opportunity to make big money in the future.
I look forward to it.
I changed hands and went to the ICT integrated circuit field toss. All VCs felt that Blue Star's future was bleak, and it was necessary for him to have such a good development momentum.
After a while, Luo Sheng laughed: "Understand, so this time I invite you to come over and talk about a relatively compromised solution, the conversion of shares, the only way that will not harm the interests of the company and shareholders, and I can also go to the ICT field toss Just a moment, otherwise I won't give up. "
There was nothing in the minds of the investors. That's what they said, but everyone heard his subtext: I don't care, I just want to toss the integrated circuit. If you don't give me money, I will let the company enter this field.
It's almost rogue.
There was no good way to take Luo Sheng for a while. Now he has invested billions of dollars to invest in it. At this time, it is the investors who set off the blood loss.
Suddenly, Liu Wen of the venture capital fund said half-jokingly: "General Luo, shouldn't you just want to enter the ICT field and cash out early?"
This is very straightforward.
Luo Sheng was unhappy when he heard it on the spot, and asked: "The company's development status and financial status are basically transparent to the major shareholders ~ EbookFREE.me ~ I think the company's development status is healthy, is there any prospects and money, Every shareholder knows it. "
Liu Wen has nothing to say.
The company operates well, has great potential, and looks forward to the future. The founder dares to speak to investors like this.
After all, no one can live with money.
In any case, we cannot deny that Bluestar Technology is a rare high-quality stock and potential stock in the global Internet community.
Before the major VCs sent agents to talk to Luo Sheng, they had already negotiated internally. Luo Sheng had to transfer the equity in his hand and he could take over. No problem, it was better to let him take the funds of Blue Star Technology. Well done, when you are short of money, you come to ask investors for money. When you do, you do n’t give it, you do n’t give it, and you do n’t give it. You do n’t continue to give it. Drifted? Still a loss!
I will only get deeper and deeper.
After thinking about it, as long as Bluestar Technology develops at the current pace, the IPO is not a big problem.
At this time, Li Yan, the head of Softbank Capital, seemed impatient and said, "General Luo, please tell me that you are smart people, so do n’t make any mistakes. Since our big VCs are sitting here, it ’s basically clear. Is it OK for us to collect the cards? This time we are acknowledging it, but please do n’t play this set next time. This is overdrafting the trust of both parties. It ’s dangerous. It ’s enough for one time. Pamper you once, but also for the last time. "
Li Yan spit out a "we", as if he could represent all investors, but surprisingly, he said that other investors did not say that, it is the default.
Meng Qiu replied sharply: "Say, how much do you cash out this time?"
Uh ...
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