Global Monopoly of Technology

Lu Sucheng, CEO Office of Bluestar Technology Headquarters.

"Mr. Chairman (Mr. Chairman)."

Johnny entered Luo Sheng's office. He just returned from North America yesterday. He came to work early this morning. He just sat down for a while. The agent director representing Goldman Sachs's interest in Bluestar Technology came to him as soon as possible.

I just came in and asked with a solemn tone of dissatisfaction: "Why didn't you even say hello to the board of directors during the copyright cooperation with the five major record companies? The total value is $ 192.2 million, just to get the numbers of the five major record companies Music licensing, but also a 60% share of the revenue to the record company? I think you should have a reasonable statement to all investment shareholders. "

Johnny is not humbled because Luo Sheng is the company's founder, chairman and CEO. From the "Company Law", the chairman and directors are not subordinate, they have one person, one vote on the board, and Johnny is the spokesperson for Goldman Sachs Capital's interest in Bluestar Technology. Although he is a director of the company, his primary responsibility is not to be responsible to the company, but to his shareholders, Goldman Sachs Capital.

So he didn't need to give Luo Sheng too much face at all.

But Luo Sheng also did the same, saying lightly: "Mr. Johnny, I really sincerely suggest that if there is nothing else, it would be better to go out for a tour and experience the same 5,000 years of civilization on this land. As for the company I do n’t need you to remind me about what I ’m doing. ”

Johnny was furious, but he still put up, saying, "Mr. Chairman, don't forget that you are using investor funds, but what have you done? You spent nearly 60% of the B round of financing in one go. Investors do n’t interfere with the company ’s operations, but you ca n’t do that either. This financing should be used to expand BlueSpace ’s user growth and operations. ”

Luo Sheng leaned back against the boss chair and turned an angle, leaned his legs on the desk, glanced at Johnny, and said, "Goldman Sachs Capital led a Series B financing and made a lot of money. It is understandable to ask. That ’s it? OK, I see. Wait for the audit report and you can go out. ”

"you……"

Johnny was very annoyed when he saw Luo Sheng's attitude. He didn't know what to say, and after a moment, he said indignantly: "I've never seen such an arrogant person !!"

His Majesty said, Johnny left this office angrily and helplessly, otherwise what else can he do? There is no way to take him at all. There is a clear agreement when financing, and investors must not interfere in the company's operating decisions .

I can say that when investors can be tough at Luo Sheng, they are talking about financing.

Luo Sheng is not afraid that Johnny will go back and make a small report with Goldman Sachs headquarters. No matter how "spending money" will not change the company's strong business potential, the development of cloud song search is also remarkable. BlueSpace has already Hundreds of millions of users, in other words, Luo Sheng can now enable the company to have the ability to monetize traffic.

VC Anyway, VC cannot intervene in what he wants to do. If Goldman Sachs is really dissatisfied, it will withdraw its capital and cash out its equity transfer, but only if someone can take over or cash out after the company's IPO.

Luo Luosheng is indeed the founder of the "loser" in their eyes. The road is also very wild, but it can create miracles.

Frankly speaking, if Goldman Sachs Capital wants to transfer the equity in its hands, SoftBank Capital will definitely take it down, but Luo Sheng firmly believes that Goldman Sachs Capital will never do this. The reason why these large investment institutions can stand up in the world, they invest It is not a start-up company, but the entire industry chain. As long as the industry is considered to be promising in the future, then insist on investment.

Many people are very enthusiastic about the investment of SoftBank Capital and Sun Zhengyi, especially in China. Many media are expressing their excellent strategic vision, because the development of Softbank Capital ’s Aju Baba is also fierce and has been established for almost a year. Now, the fierce battle between eBay and eBay has a slight upper hand in the past. Although the market share is not as good as eBay, the growth rate has put a lot of pressure on eBay.

And SoftBank Capital has invested in Bluestar Technology, which is the company's fourth largest shareholder. Needless to say, Bluestar Technology is the latest among the four "BALT" domestic giants, but the valuation has already shaken off the other three giants. In fact, the development momentum is extremely fierce, which is unmatched in the country. At the same time, it takes into account overseas siege strategies and does global business.

So many people are touting Sun Zhengyi's vision of investment strategy, but what most people don't know is that while SoftBank Capital invested in Beaver and Bluestar Technology, it also invested in dozens of startups, large and small.

Obviously, such a large investment institution determines the prospects of an industry and invests unswervingly. The law of large numbers is widely used. If you spread the net, you can make money by catching one.

Bluestar Technology is an accident, because the development is too fast, and the prospects of other startups are still unclear. Even Aju now no one dares to pack a ticket to say that this startup must be successful.

But Bluestar Technology is sure to succeed now. No one doubts that its Matthew effect has begun in the real-name social field. The domestic market share has exceeded 70%. The overseas development momentum is also extremely rapid. MySpace, a North American competitor, is a bit tricky. Can't stand it, because he missed the air vent, Luo Sheng was very brave and determined to land in overseas markets. In the early stage, he invested tens of millions in the North American market, and now it is only a lot more.

SpaceMySpace hasn't come up with any disruptive innovations. It has already been valued by Luo Sheng as a potential competitor, so the international version of BlueSpace is now far ahead.

Johnny just walked for a long time, Luo Sheng lowered his legs from the table, took a sip of tea to refresh himself, and was ready to work.

After opening the computer to log in to the email, I saw an unchecked email. Luo Sheng glanced at it and found that it was an email from George Charles, the president of the North American branch. Due to the time difference between the two places, one side is always in the middle of the night. There is no special Important emergencies are usually not phone calls, but mail.

The email from George asked the headquarters for the launch of the overseas version of the new project [MusicSpace]. The content of the email showed that the North American operations department had negotiated together and finally agreed to want the company's other products to drain it. Mainly the drainage of the international BlueSpace website. Relying on the strong user base of other products of the company, MusicSpace has a strong advantage as soon as it goes online.

This has to talk about the current development of Bluestar Technology, and it is also Luo Sheng's greatest reliance on Johnny's temper.

Entering April, the company ’s social networking site [BlueSpace] ’s global user registration volume has exceeded 200 million, of which overseas version users have reached 65.2 million, and North American users have exceeded 30 million for the first time.

The Reddit website is also a big fire. Although it has been criticized since it went online, it is interesting that more and more people scolded it. Many people in the industry felt that this website was a pill.

Through Alexa query, it is found that the traffic of Reddit is rising steadily. From online to now, North American users have captured 18 million, global users have broken 30 million, and the growth momentum has even exceeded ~ www.readwn.com ~ But then again, the quality of Reddit users It is still open to question. After all, there is no limit to the number of registrations. You can register as many people as you want. Depending on Reddit's gold content, it mainly depends on its traffic data.

But this does not deny the success of Reddit. Although it is still being sprayed into various dogs, it is indeed a fire in North America, and it is likely to be a big fire in the future.

Bluestar Technology launched this year a new product [MusicSpace] which is also attracting much market attention.

Luo Luosheng thought for a while, and then returned an email to George Charles,

Considering that the overseas version of [MusicSpace] is going to compete with Apple's iTunes, which has been in development for more than three years, and has not yet released a smartphone, the iTunes Music Store has the advantages of the iPod, an electronic product. The starting [MusicSpace] does need a little help, after all, the opponent cannot be underestimated.

So I agree!

But only limited to this, Luo Sheng still solemnly stated in the email that [BlueSpace] is prohibited from accepting third-party advertising business. To a certain extent, this is Luo Sheng's current cash cow, and it is the biggest capital for investors.

Although the company's other products have excellent operations and good development, they are not as good as [Blue Space BlueSpace]. Other products such as Cloud Search are not leaders in the search engine field, and [Blue Space BlueSpace] It is the king in the real-name social field, there is no stronger in the world than this, and it continues to widen the gap with competitors, of course, the value is completely different.

Uh ...