Global Monopoly of Technology

Irene responded quickly: "There are still about 440 million in the book capital pool."

Luo Sheng was stunned for a while: "That's all there is left? Well, even if the copyright expenditure is more than 1.6 billion, there is still more than 1 billion left in the B round of financing, and the company's book capital before the financing is almost 200 million. Hao123 had a revenue of more than 40 million last year, and it has earned 70 million to 80 million so far this year. It is nearly 1.4 billion. billions?"

Irene said angrily: "If the monthly operating cost before July is 300 million yuan, the company will not be able to pay wages in May. Is it possible that you still suspect that my account is not correct? If you don't believe me, call your little one. Secret Qin Weimu's auditing is really not a home, I don't know that firewood, rice, oil and salt are expensive."

He heard some kind of resentment inexplicably, Luo Sheng sweated profusely in his heart, a woman's thinking and brain circuits were really jumpy, and sometimes it was really troublesome.

Although Luo Sheng likes to test frantically on the edge of a fire in the backyard, he doesn't want to really get burned, so he quickly said: "If I don't trust you, then no one in the entire company can be trusted in the listing, whether it is ability or quality, it is the same. There is no reservation, especially your ability. Although your qualifications are not comparable to Qin Weimu, your ability is no less than that, and on the other hand, you are much stronger than her."

Irene pursed her lips when she heard it, and at least she felt a lot of satisfaction when she floated up like this. Luo Sheng sighed to himself: Brother, what a logical genius!

Immediately changed the subject and said with a smile: "Do you want to eat goose meat today? Offer it at any time, and the quantity is large enough to ensure that it is fresh!"

Hearing this, Irene glanced at him angrily: "Go, think beautifully... I have already reported the company's financial situation, you are the boss, you can handle it."

After speaking, Irene turned leisurely and left the office as if nothing had happened.

Luo Sheng looked up to the sky and sighed: "A woman's thinking is really comparable to an unreasonable equation. She takes the initiative to submit a confession or not, and usually has to do it. It's really difficult for me."

After a while, Luo Sheng's eyes fell on the document on the desktop, and immediately put away his thoughts, picked it up and flipped through it for a while.

Irene is right, with the launch of the streaming video business, the operating cost of the next month may soar to 400 million, and the salary will not be able to be paid next month, and the salary will be delayed next month. Not enough money to pay for the internet.

After thinking for a while, Luo Sheng immediately put the files away in the folder layer on the side, and then called Zhang Bowen and asked him to contact the investor.

Luo Sheng took the initiative to find VC, that is one word - money!

After arranging things, Luo Sheng left Bluestar Technology after about ten minutes and went to the Azure Coast Laboratory instead.

For a long time in the future, one-third of his daily working time will be spent on Bluestar Technology Company and two-thirds on Bluestar Technology Company, but it is not absolutely fixed. The specific arrangement is based on the actual situation. .

Bluestar Technology’s funds bottomed out, which to a certain extent also proved that the company was growing and growing, and with it came the crazy soaring operating costs.

Back then, Brother Xiao Ma wanted to sell QQ, but it was estimated that the network fee would not hurt him.

However, Luo Sheng is not in a hurry or panic. The company's current funds can support about 40 to 50 days. He has preset a safety line. Before the next mid-September, the Series C financing must be negotiated. , that is, within the next 24 days.

Once 24 days have passed, the company will immediately start the monetization plan, starting with [BlueSpace]. Of course Luo Sheng is not willing to start the traffic monetization plan at this time, which is very uneconomical in the long run.

But if you can't raise money, the same will have to change, otherwise the company's funds will not be able to operate.

And once it changes, Luo Sheng will not seek any plans to raise funds privately.

VCs don’t even want any money, either they simply keep delaying the listing time, or they go for an IPO.

Luo Sheng doesn't say that he is a person who will be vindictive, but he is definitely a person with a temper, and when his temper comes, he is more violent.

...

The company’s chief operating officer, Zhang Bowen, was handling this matter and sent a notice to the company’s major investors one by one.

The news that Bluestar Technology is going to launch a new round of financing spread like wildfire, and the company has no plans to hide it at all. As an executive of Bluestar Technology, Zhang Bowen's contact with investors has been reported by the media.

As a domestic star-level Internet company, and even a well-regarded Internet company in the Silicon Valley technology circle, Bluestar Technology's every move has attracted the attention of the industry.

Unsurprisingly, Bluestar Technology has launched a new round of financing, and many entrepreneurs in the industry are "again" at the moment when a new round of envy, jealousy and hatred is full.

When it entered the streaming video business in mid-to-late August, with the launch of the product, it attracted the attention of the industry again within three days.

However, this time, there are not many people who follow the trend. There is no fund to back up the streaming media business. A network fee will discourage many entrepreneurs. In addition, because this time is not a subversive innovation model, streaming media technology has long been born. It's been a while, and there are dozens of video sharing websites on the market, among which Netflix is ​​the most prominent.

There are even voices saying that the innovation of Bluestar Technology has dried up?

In fact, the media headline party is nothing more.

Practitioners who are really deep in the field of streaming media technology definitely don't think so. Let alone Bluestar Technology's 23 patented technologies in the field of streaming media technology, it is already ahead of the current online video sharing websites.

With the passage of time, entering September, on September 7th, all major venture capital institutions of Bluestar Technology have completed the company's current operating expenses through third-party audit institutions. The audit, at the same time, is in complete agreement with the data submitted by the company.

This makes the major VCs speechless and very satisfied. Every money difference of Bluestar Technology can stand 100% verification by third-party auditors.

On September 11th, this day is definitely a day that the Internet industry has paid attention to this year. In the morning, the media in the industry sent reporters to the first Hilton Hotel on the Bund in Shanghai.

This hotel has been one of the landmarks of Jing'an and even the whole of Shencheng since its opening. In the 1990s, there were no modern buildings here, and the 40-story Hilton Shencheng was the most luxurious high-rise building here. There is also a helicopter take-off and landing platform. This configuration is not to mention now, even after ten or twenty years, it is still very complete and high-standard.

At this moment, seventy or eighty media and even the mainstream media have gathered at the Hilton Hotel early.

Because today Bluestar Technology is going to negotiate with the heads of major VC representatives about the C round of financing, and the location is set at this hotel.

A financing business negotiation can be so high-profile, not only because Bluestar Technology is the largest among domestic Internet companies, but also because it is the only one among domestic Internet companies that has successfully achieved business globalization. It is also because the investors participating in this time are basically all-powerful investment institutions in the business world and even Wall Street.

At about ten in the morning, luxury cars drove to the gate of the Hilton Hotel, and reporters at the scene kept taking pictures.

Before and after, Liu Wen from Venture Capital Fund, Li Yan from SoftBank Capital, Chen Tao from IDG, Meng Qiu from Goldman Sachs Capital, etc., the heads of these top VCs in Greater China all came.

Bluestar Technology's previous major investors were not absent, and Xu Chenghua's representative Teng Xun also came.

However, this time he came to know that Teng Xun was mostly here to make soy sauce. Xu Chenghua came here for two purposes. One was to ensure that Teng Xun's equity in Bluestar Technology would not be diluted. Squeeze a little money out to eat as much as you can eat as much as possible.

But it must not eat much, because the valuation of this C round of financing will definitely break the record, which is the default consensus in the industry.

It may also be the last financing. After the C round, it will enter the IPO stage.

The development momentum of Bluestar Technology is there. The company's operation is healthy, and at the same time, it expands rapidly, continuously launches new businesses, and is also very successful. The company's business value increases almost every month.

Accompanying it is the continuous increase in the ability to burn money, and VCs can't bear it.

And this C round of financing also has two new faces.

...