Global Monopoly of Technology

Bluestar Technology's current shareholding structure has three major shareholders, namely Luo Sheng, Xu Yong and Teng Xun as an external shareholder.

When the company was registered, it was a one-person limited liability company. After the angel round of financing, it should be changed to a limited liability company. However, Luo Sheng has not yet gone to the industrial and commercial office to handle this matter. This time, he still decided to delay it for a while. In theory, There will be equity disputes, but as long as the VC is persuaded, it will not be a problem.

Luo Sheng's reasons are also sufficient to increase revenue and reduce expenditure. Anyway, the shareholder agreement is signed in accordance with the "Contract Law", and when the company's articles of association are revised, he is confident to convince VC investors.

Before getting the QQ Angel round of financing, Luo Sheng held 90% of the company's equity and partner Xu Yong 10%. After getting the financing, he also ushered in the first round of equity dilution.

Luo Sheng's current shareholding has been diluted from 90% to 82.8%, Xu Yong has been diluted from 10% to 9.2%, and QQ has become a new shareholder of Bluestar Technology with an 8% stake.

The equity structure of Bluestar Technology adopts the AB share system with the same shares and different rights. The co-founder holds the B class shares with voting rights. After QQ, as an investment shareholder, gets the B class shares diluted from Luo Sheng and Xu Yong, These shares are automatically converted into Class A shares with dividend-only rights.

At this time, several investors looked at Luo Sheng. After Liu Wen finished speaking, they did not speak, and the explanation was acquiesced.

Luo Sheng shook his head without hesitation and said, "I'm sorry, Mr. Liu, I don't accept any commercial gambling agreement. Now that I've said this, I'll make it clearer. I only accept financial investors, and I won't share a single vote. The rights to be transferred at the same time are Class A shares.”

When everyone heard what he said, they could already see Luo Sheng's strong desire to control the company. This meant that Bluestar Technology had the final say on his own, and no one could restrain him.

Bluestar Technology is his own Bluestar Technology.

Such founders are also too strong and domineering, giving investors no right to speak at all.

Li Yan of SoftBank Capital said abruptly: "With all due respect, a VC's brain can only accept your condition if it's crazy and caught in the door."

Liu Wen and Chen Tao also laughed in unison, while Xu Chenghua remained silent with embarrassment and grace.

Luo Sheng didn't care at all, and smiled: "I dare to propose this condition because I have the confidence and the ability to run the company successfully, and I don't need to show you anything, I have already proved it. , Mr. Xu’s 1 million investment has created a social platform with a monthly user growth of more than 10 million, and it is only high or not low, this proof is enough.”

Just then Liu Wen wanted to say something, but Luo Sheng raised his hand to stop him, and said, "After one sentence, invest in me, don't say, don't do, don't think, just lie down and count the money. ; If you don't vote for me, there is no need to say any more."

The aura was so simple that Liu Wen swallowed the words that had reached his throat abruptly, stunned for a while.

In the end, several investors looked at each other in dismay. Let alone other things, they have now learned the strong and domineering side of this young founder, especially the arrogance that is clearly displayed in his words and deeds.

They have seen a lot of powerful founders, but they have never met someone like Luo Sheng in their life. Never. If those so-called powerful founders are compared to Luo Sheng, they are simply brothers.

This has not been invested, he is already like this, if the money is invested in him, will it still be worth it?

The good VC is the father?

"Brother Luo, how can you get investment like this? You must have scared me away." Xu Chenghua said with a helpless smile, he seems to be acting like a muddy now.

Luo Sheng chuckled in his heart and did not respond. But he is very clear and confident in his own judgment. These are well-known venture capital institutions.

They invest in the track, and to put it bluntly, they are here to occupy the pit. As long as a project or a startup team is not out of their minds, they will definitely invest a sum of money. 100 project investments, 99 failed, and one of them succeeded. You will be able to recoup all your previously failed investments.

What's more, the current development momentum of Bluestar Technology is here. If nothing else, with the consistent style of SoftBank Capital, it will definitely not fall behind.

Luo Sheng put away his strong side, relaxed himself, glanced at Xu Chenghua, then looked around at everyone, and said seriously: "I am not crazy, but responsible for investors, myself, and what I do. Responsible for the cause, everyone."

After a pause, he added: "What I want is capital that trusts me and trusts each other. I don't want any capital with doubts to come in. If you think I can't succeed, then why invest? If you think I can succeed, then put Give me the money, profit is enough, why do you want this and that?"

President Li of SoftBank Capital said indifferently: "Mr. Luo, that's not an investment, that's a gamble."

Luo Sheng thought to himself why SoftBank likes to do this, and immediately looked at him and said with a smile, "Then you are not an investor, or a fake investor."

Li Yan frowned: "What do you mean?"

Luo Sheng spread his hands and said, "Isn't it obvious? If you think it's a gamble, then it's not an investor; if you're a real investor, you'll only bet and don't bet, but you won't bet, what do you think?"

Uh……

Everyone was stunned for a while, and Li Yan was also at a loss for words, but after a while he concealed his embarrassment and said coldly: "Bullshit, you are sophistry."

Having suffered a big loss here from a hairy boy, this made Li Yan feel unhappy and very depressed.

"Hahaha..." Xu Chenghua suddenly clapped his legs and laughed, and after a while he said: "One thing is certain, Brother Luo has not failed yet, as long as he has not failed, why should he question? Xu Chenghua was able to accept this condition for the angel round investment, and the current pre-A round of financing is still acceptable. On behalf of Tengxun, I am willing to serve as the representative of this round of financing. Are there any co-investors?"

While speaking, Xu Chenghua glanced at Luo Sheng intentionally, but the latter lowered his eyebrows and said nothing, unable to see any expression.

Luo Sheng's attitude made Xu Chenghua even more at ease. This kind of founder either soared into the sky, or... even if he is a liar, he is also a talent with this acting skill.

This talent is also rare.

Therefore, Xu Chenghua has no doubts, even if he is gambling, he has to bet on him once. Before and after the pre-A round of financing, even if it is completely lost, the loss is completely bearable.

At this moment, Li Yan cursed Xu Chenghua as a bastard in his heart. He quietly assumed the decent role, and the labor and management became the villains for no reason. The more he thought about it, the more angry he became.

The people present were all elites, and there was a lot of calculation behind the smiles on the surface.

Xu Chenghua knew about Luo Sheng, but Liu Wen and the others didn't, but now they know that this young man can't fool, pressure, and control them. They concluded that Luo Sheng is even a person who would rather be broken than broken. people.

To cooperate with such a person, you will either ignore it or accept a passive position, because he will have absolute initiative.

like now.

In fact, 100% of the four VCs who came here want to invest in Bluestar Technology. That's right, they have decided to invest from the beginning because they are track investors.

The reason is also very simple. Like Xu Chenghua, it is now a pre-A round of financing. In any case, BlueSpace's real development momentum and achievements are there. This is a fact that no one can deny. This is enough. Is eager to occupy the pit.

"Mr. Luo, you said that qualified investors don't want to gamble, but I want to tell you that this time I will gamble on you." Liu Wen said with a smile.

Luo Sheng, who kept his brows low, couldn't help but look up at President Liu of the venture capital fund, and immediately said with a smile: "Betting on others is an investment in me. A wise investment, I promise."

"Hahaha..." Chen Tao also laughed loudly: "President Xu and President Liu have already expressed their stance, so I will follow too, what about President Li?"

"Bullshit, how can there be three shortages of one pair? I don't dare to play the pre-A round of financing, then you can't secretly laugh at me secretly, maybe I will be fired by Lao Sun when I turn back, of course Softbank will occupy this pit. One position!" Li Yan is also unequivocal, encountering such a strong founder and such harsh conditions, there is no difference between the lead investment and the investment, it depends on who is willing to pay how much.

Sister Aileen, who never said a word at the scene, was very confused. She didn't understand the communication between these men. It was inexplicable.

Why did everyone make a 180-degree turn in the blink of an eye?

so amazing…