Chapter 140: [Before listing IPO]

Wall Street, Goldman Sachs headquarters.
"It's a pity, it's a big loss, it's a big loss." A senior executive at Goldman Sachs shouted a pity in the office and sighed.
He is holding a paper newspaper, the Wall Street Journal, and the front page of the newspaper is the first quarter audit report of Bluestar Technology Group.
"Large loss, sir, where does this come from? Bluestar Technology Group's financial report far exceeds Fact
.5% analysis expectations. "His assistant said puzzledly.
"Because of this, it is a big loss. If you don't rush to urge the company's team to enter the liquidation stage, you will definitely be able to enter the next round or even the next round of financing, so that you can eat more equity." Paul Watson said .
His assistant was a little speechless when he heard these words, and he couldn't help it. He couldn't help but slandered: Damn it, it's really greedy capital, and it's not enough.
In fact, after seeing this audited financial report, several major investors of Bluestar Technology Group immediately uttered a big loss after being overjoyed. If they knew this would happen, they would definitely not rush to urge the Luo Sheng team to hurry up profit.
it's good now.
It never occurred to Bluestar Technology Group that the first round of traffic harvesting had completed its financial turnaround and directly allowed the situation in high-risk areas to achieve a safe landing.
It is simply the second Google.
The potential is even greater than that of Google, because this time the traffic harvest is only in the real-name social business section of Bluestar Technology, and this company has many more businesses with 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 are unlimited.
Similarly, major VCs also understand one thing. As long as the Luo Sheng team is not stupid, this time will definitely not raise funds as frequently as before.
This financial report has shown that Bluestar Technology Group can feed the entire fast-growing company by relying on the business of the first segment. After making up for the huge losses of other business segments, it is the most incredible to have a small balance. [# 爱 奇 文学 # ~ Free Reading]
In fact, even if Wall Street's VC doesn't urge Luo Sheng to realize cash, he will not drag on.
Because the transfer of the company's equity has almost reached his psychological expectations, no surprise, Blue Star Technology's private placements only ended in Series C financing.
...
The next day, after Bluestar disclosed the first quarterly audited financial report, a media conference was held. The industry media came to hear the news for the first time, and this conference Luo Sheng also rarely appeared and would answer outside questions in person. .
He still wore his iconic T-shirt, jeans, and sneakers at the press conference. His look has been nicknamed the IT gangster by the majority of netizens.
Luo Sheng's speech was full of confidence and maturity.
The industry is impressed. An audited financial report sent him and the Blue Star technology company he founded to a whole new level. It is no wonder that this fast-rising Internet startup company will get so much capital favor, and it really makes sense.
How could Wall Street do stupid things?
At the conference, Luo Sheng calmly said with a confident smile: "As one of the most popular social networking sites in the world, BlueSpace has set off a storm on the global Internet. The interactive space it provides can Connect members with 'friends'. Now asking, 'Are we friends in BlueSpace' has become a social phenomenon. "
In the face of many media shots, Luo Sheng calmly determined, his smile remained, and his words revealed a clear logic.
"The international version of BlueSpace currently has more than 35 million unique visitors each month in North America, with a total of more than 10 billion page views. On average, each user visits the site 15 times a month and visits nearly 20 pages each time. By this standard, BlueSpace's achievements and user engagement are excellent, and our team is proud of it. "
Speaking of this, Luo Sheng added with a smile: "In fact, earlier, we thought that only after we launched a large number of different language versions and reached a large number of people in different countries and regions would we usher in the fastest growth. But in just two years, we have been in a high-growth stage. Since its creation, the number of new users of BlueSpace has been growing at an amazing rate. Winning new users has become a matter of hand, and our team has It's incredible, too. "
A sudden wave of ostentation caught the reporters off guard, but after the reaction came, it was impossible to refute.
This makes the industry feel embarrassed and really ashamed.
For Bluestar Technology, winning new users is indeed within easy reach.
envy, jealousy, hate!
The release of the audited financial report for the first quarter not only shocked the industry, it was an inspiring and stable thing for all employees of the company.
Although the company's treatment is the top in the industry, it has not been profitable before. From the perspective of an employee, it has always been unstable and insecure.
The Internet is another industry that changes every year. Many Internet startups have great potential at the beginning, but soon die. Internet companies that can survive the first anniversary are considered successful.
It can be seen that the cruelty of this industry does not mean that it can be enjoyed by playing. Once many Internet startups are no longer favored by capital, stop investing or even withdraw capital, they immediately fall from heaven into the abyss.
Bluestar Technology was actually very few before that. In just two years or so, it has grown into a large company with more than 5,000 employees worldwide. During this period, it has burned hundreds of millions of VC funds. Once the capital is evacuated, it will be immediately May collapse in time.
Once this bad situation occurs, it is difficult for the company's employees, especially those who love the working environment, atmosphere and corporate culture of Bluestar Technology.
However, all this has disappeared with the disclosure of the company's first quarter audited financial report. Bluestar Technology feels like it has made a profit overnight. You know that before this, the company had a quarterly loss of more than 3.5 billion Yuan company.
It is no exaggeration to say that it is a swallowing beast.
Now, not only has it turned a profit, the net profit in the first quarter has also achieved 14.66 million yuan. The company's major investors now have a peace of mind, and the company's employees are no different.
After the press conference, Luo Sheng did not accept any interviews from the media and returned to the working level again.
Half an hour later, Luo Sheng presided over the board of directors. At this moment, the directors of the spokespersons of the interests of several major external investors had nothing to say, and they looked at Luo Sheng's eyes differently.
It felt like ... handing tea to the big guy.
Well, that's the feeling.
The data of the blind industry and investors in the audited financial report in the first quarter further weakened the speaking power of the directors nominated by these shareholders. They were too lazy to control it, and it was useless anyway.
In fact, this errand is quite good. For those outside directors, come here every day to sign and get a card, and it's done.
A more ruthless sign-in and punch-in are all exempted. Traveling directly, playing golf and the like, just came to the company when Luo Sheng held the board of directors and went through the process.
Then why?
"Dear everyone, today's meeting will be just one question. Regarding the issue of Blue Star's IPO, I decided to go public in the United States next year." Luo Sheng looked around the board of directors and said.
As soon as this remark came out, the proxy directors of a number of external investors couldn't help but stumble.
"what?"
"An IPO next year?"
"Blue Star Technology has just completed the Series C financing, will it be too fast?"
This topic was thrown out, and everyone at the meeting spoke at once, apparently quite surprised by Luo Sheng's decision. Now, these VCs don't want Luo Sheng to rush to go public so quickly. It really turned around overnight. At this time, Luo Sheng was the one who insisted on going public.
Since the company is going to go public, it is necessary to conduct an IPO at the best market. At this time, the voice of speaking must be louder than that of VC. When the market is bad, the tone of your talk to VC is three points.
Luo Sheng pressed his hand gestures, and soon became quiet. He drank his mouth and calmly said:
"The first quarterly financial report disclosed by the company is the most complete and detailed audited financial report. It is also the first time that the outside world has clearly understood the financial situation and market size of Bluestar Technology, which has been kept secret for more than two years since its creation. Go through the listing process. "
Under normal circumstances, UU readers www.uukanshu.com investors are anxious that the startup company should go public earlier and try every means to create a listing opportunity.
But Bluestar Technology is obviously an exception. This is the fragrant tea. Large investment institutions still want to take more equity. After listing, of course, they can buy and hold on a large scale, but the financial payment must be much larger, and it is not Preferred stock.
This board of directors soon ended, the purpose is to let them notify the shareholders behind, ready to hold shareholder meetings, mainly Goldman Sachs Capital, and quickly send someone who can speak to come to discuss and prepare for the IPO plan.
Starting the listing process is a very complicated process that can be done within a few months of going to the United States.
But Bluestar has a large scale and too many large shareholders. It just takes a lot of time to just talk about it. Luo Sheng naturally needs to prepare early, but he can't rush.
After the meeting, the major directors went back to report to their shareholders. Luo Sheng held a meeting at the senior management level to handle some things. After one and a half hours, he left Blue Star Technology and turned to the Blue Coast. Company related work matters.
...
:. :