Chapter 75: [Cash 400 Million USD]

Luo Luosheng decisively quoted a price code: "On the basis of the valuation after the B round of financing, I intend to transfer an individual holding 12% of the company's equity, and cash out 400 million US dollars."
IDG's representative in charge, Chen Tao, quietly calculated the number, and said immediately: "No, 12% of the $ 400 million? This is significantly higher than the Series B financing, which is a valuation of $ 3.33 billion. The Series B financing But the valuation is $ 3.25 billion. "
Luo Sheng suddenly spread his hands and groaned again and again: "I said President Chen, you are all top big VCs. If you look at the big market, why are you staring at the small market, so why bother? It wo n’t be rounded off? Really? To evaluate according to the process, it is not a problem that Bluestar's current valuation is over 4 billion US dollars. You don't want me to round up ... "
Chen Tao: "..."
Everyone was speechless on the spot and wanted to be serious, but the tone of Luo Sheng's remarks really made people feel unbearable.
Although saving money can be taken out without much pressure, is it not a good wind? Besides, the valuations are all false. Now it is necessary to dig out real money, can they be the same ...
"I'm throwing 12% of the shares for 400 million U.S. dollars, it's not too much, don't you all object?" Luo Sheng said to everyone again.
A representative of a number of investment shareholders did not answer him, of course, there is no objection, that is, the risk leverage has increased, but it also means that the income has increased. Bluestar Technology does not say that the prospects must be successful, but the potential for success is becoming increasingly clear. The core reason why big VCs are willing to be "slaughtered".
Everyone understands people. Needless to say, Luo Sheng added: "OK, you can talk about how to eat the 12%. If it is not convenient, I can avoid it."
Meng Qiu gave up and said, "Oh, come on, what else do you use to avoid, I have never seen such a bad thing. I was a rogue halfway, and Goldman Sachs was the first time to" plant "such a follower. After I got on your thief ship, I just followed It's dark, whether it's sailing to the other side of success or the shipwreck, let's see. "
"This ship will become an aircraft carrier, rest assured." Luo Sheng said with a bright smile, did not leave, and continued to sit, but suddenly scorned: How many of you who play capital will do loss trading?
In the next twenty minutes or so, several major VCs discussed with each other and reached a consensus in less than half an hour.
The $ 400 million is definitely a huge sum.
Luo Sheng transferred 12% of the shares of Bluestar Technology Co., Ltd., which was individually endorsed by six investment institutions including SoftBank, Goldman Sachs, Venture Capital, IDG, Morgan's investment bank, and state-owned Huajin Securities.
That is to say, each investment institution accounts for 2%, and the investment is based on the ratio. Sequoia Capital chose to withdraw from the initiative. Only now, Teng Xun can't get so much cash at all now. He can't fight cash flow with those VC institutions. This time he just got a right to know.
Except for six investment institutions, other shareholders have come here to play soy sauce.
Qin Weimu helped Luo Sheng draw up a contract and audit. The two parties successfully completed the equity transfer signing agreement at 15:00 this afternoon. The six major investment institutions each increased their 2% stake in Blue Star Technology, and Luo Sheng successfully cashed out $ 400 million. It will take about a week to deposit funds into his account. This is a large amount, and financial settlement also takes time.
This money does not belong to the company's assets, but is a personally disposable asset of Luo Sheng. However, after the transfer is completed, a 20% tax must be paid according to the law. The personal disposable funds actually available are equivalent to approximately RMB 26.35 in domestic currency. 100 million yuan.
At the same time, the company's equity structure of Bluestar Technology has once again ushered in a new round of changes.
Option pool reservation: 11.05%
Luo Luosheng: 45.6%
Tengxun: 9.45%
Goldman Sachs: 8.148%
SoftBank: 7.26%
Venture Capital: 5.51%
IDG: 5.13%
Morgan: 3%
Gao Huajin Securities: 3%
Sequoia: 1%
Other: 0.852%
This time, the equity change of Bluestar Technology Co., Ltd. is not an increase in capital and an increase in shares, but an equity transfer. The company's own assets have not increased or decreased.
The other shareholders' shares are basically unchanged. What changed is Luo Sheng and the six major investment institutions. The former sold 12% of the shares to cash out US $ 400 million, while the latter bought 2% of the shares to increase their holdings.
Luo Sheng's personal shareholding in the company has now dropped to 50% for the first time, but combined with his management team still holds more than 56% of the company's shareholding. Even if the management team's shareholding is excluded, only Luo Sheng's personal shareholding remains He maintains absolute control over the company. He has absolute control over the shareholders' meeting and the board of directors, and the supervisory board also has his people.
Uh ...
Meng Qiu looked at Luo Sheng with a smile and said, "Oh, Mr. Luo, you have to say that you have eaten your capital dead. Blue Star did not have an IPO, but you set up 400 million U.S. dollars. The right to speak, this is the greatest pampering I have seen of founders in the investment world, and I hope you can bring investors a matching return. "
Luo Luosheng replied with a smile: "To be honest, if it is not time to wait for someone, I must wait until the company goes public."
Meng Qiu glanced at him slightly surprisedly: "So hurry? Well, to say something you don't like to hear, you want to make a name for yourself in the ICT field from nothing ... $ 400 million, less than, More than 300 million points after tax, nothing will be spent without a zero. "
As long as it is not to toss investors' money, love it, it is best to lose blood, and hurry back to develop Bluestar technology honestly.
Speaking of this, Meng Qiu shook his head and added: "Even if 3 billion US dollars is not enough to play, how famous are you, and how many times can your existing equity be tossed? Right?"
Luo Luosheng didn't mind his words of hitting people in person. He laughed and said, "One time is enough, who knows? Sometimes I say it again, maybe I'm lucky?"
Xun Mengqiu shook his head with a smile and shivered casually. The matter was done and he left, and the shareholder representatives who came this time also left.
At the same time, the news that Luo Sheng successfully cashed out RMB 3.3 billion (pre-tax) with a 12% equity transfer was spread. For a while, the news spread quickly in the industry as if it had wings.
The major domestic media reported this rashly, which once again surprised the insiders.
Many senior practitioners in the industry only feel awake if there is something wrong with this world.
Are those capitals crazy?
Or did those relatives with Luo Sheng in the investment institutions fail?
Why?
Bluestar Technology has not been listed yet ~ EbookFREE.me ~ he has successfully cashed out RMB 3.3 billion, and taking a step back to say that even if the company is finally finished, Luo Sheng will definitely not lose, the money is already in hand, and it is an astronomy digital.
新闻 This news is full of deep maliciousness for countless entrepreneurs and startups worrying about funds.
I am really more deadly than others. When I got up early in the morning to see this kind of news, many entrepreneurs simply wanted to scold their mothers.
For Luo Sheng, I don't know how many people are envious and jealous. This 3.3 billion is no longer a virtual valuation, but real money. What is more important is that such an astronomical figure is not the company's assets, but personal net assets.
This also made Luo Sheng once again the focus of the news media. At the age of 19, he created wealth that 99% of the world could not reach, and became the youngest billionaire in the country and even the world. Successfully entered a domestic one billion yuan club.
What is legendary is that it is still in this incredible way.
With a personal net worth of 2.6 billion yuan, he successfully squeezed into the top 25 of the domestic rich list. It only took more than a year to create this wealth myth, and he is currently a popular candidate for the richest man in the country because Luo Sheng also holds nearly 45 shares of Bluestar Technology. Once the IPO is successfully completed, its personal wealth will once again usher in a horrible surge.
Even though Luo Sheng did not accept any media interviews or participate in any program interviews, the media still favored him, and news reports about him continued.
Such a person, such a thing, is too news-like.
Uh ...
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