Global Monopoly of Technology

The company confirmed that Xu Yong was the first partner, and the two immediately began to discuss the company's name.

"Let's call it Bluestar Technology!"

Luo Sheng thought about it and decided on the name on the spot, and then added: "Before you go to register the company, you must first finalize the top-level design, that is, the company's equity structure."

Xu Yong said, "In what way?"

Naturally, Luo Sheng has already thought about the method of the company's shareholding structure, and he did not decide to start a business today, and immediately said: "I decided to adopt the AB share system for the company's shareholding structure, so that even if I get VC financing in the future , the diluted shareholding also ensures that control of the company is absolutely in the hands of the founder team.”

The core of AB shares is actually very simple, that is, the same shares have different rights, and the shares are divided into two levels: A shares and B shares, that is, the separation of voting rights and dividend rights.

The A shares issued by external venture capital have only 1 share and 1 vote, while the B shares held by the founder team have N votes per share. N is usually 10, but it can also be 20 or other. The founder team has 10 times or even 20 times the voting rights of its shareholding ratio, thus firmly controlling the right to speak to the company.

The company's adoption of this shareholding system also means that IPOs in the future can only be listed in the United States, because the AB share system is not recognized in China, and the same is true for Hong Kong stocks, and there are too many terms and conditions for listing on A shares, even without Luo Sheng. select.

There are basically no Internet companies listed on the A-share market.

Luo Sheng came to 2003. To a certain extent, he is now in a state of nothing. There is no invincible cheater in the novel. To start a business from scratch, he needs to introduce venture capital in the early stage.

Under the framework of the AB share system, Luo Sheng takes 20% of the voting rights for Class B shares. In this way, even if the entrepreneurial management team is not included, only Luo Sheng's personal shareholding ratio is used, as long as the proportion of Class B shares held is not equal to Below the 10% line, you still have absolute control over the company.

Besides, Luo Sheng couldn't have diluted his equity so much.

The design of the shareholding structure often determines the future fate of a company, so Luo Sheng will never play a role in this issue.

Jobs was expelled from Apple because he did not have enough voting rights, because Apple has never had a dual-stock system of AB shares.

The benefits of this ownership structure can ensure that management or founders have control over the company, ensure that management decisions are not interfered by shareholders, and can prevent hostile takeovers.

After a while, Luo Sheng continued: "On this basis, I want to have the veto power of the company. Such a top-level design can ensure that the control of the company is always in the hands of our co-founder team, and with the operation The expansion will also introduce new partners in the future, so we can jointly exercise the voting rights in our entrepreneurial team. If there is a disagreement, there needs to be a person who will make the final decision, and that is me, which is a veto power."

One-vote veto means that any resolution at the general meeting of shareholders can be vetoed with one vote and not passed.

Xu Yong complained: "Do you want to be so serious and formal?"

Luo Sheng: "To play the truth, you have to be serious, and you can't lay the groundwork for potential hidden dangers in the future. Do you have any opinions on this allocation?"

Xu Yong expressed that he had no opinion. Luo Sheng wanted to run the company. He didn't pay any money, and he also took 10% of the dry shares. Naturally, he would have no opinion. Xu Yong's family background is average, from a rural family, his parents are workers, and he does not have much living expenses.

Luo Sheng's family background is better than his, he is a middle-class family, his father is a music teacher in a middle school, and his mother is a top professional lawyer who is a legal consultant for many large state-owned enterprises and multinational companies.

The basic framework of Bluestar Technology was thus determined.

In the afternoon, Luo Sheng and Xu Yong skipped class again, and it wasn't the first time they had done such a thing anyway.

Talent is sometimes very annoying. Even if you skip class every day, your grades are better than those who study hard. Probably this is one of the reasons why no one plays with him.

Skipping classes is naturally to register a company, because more than two people are required, and the process is very fast, but it is a little more troublesome to cancel the company.

The company's full name is "Bluestar Science and Technology Co., Ltd." referred to as "Bluestar Technology", and the company's registered capital is 350,000. After the completion, the two returned to school, but did not go to class. For Luo Sheng That's a waste of time.

...

407 Dormitory.

"The company is a start-up, and currently only has a registered capital of 350,000. We have to save some money, and the dormitory will temporarily serve as our office base." Luo Sheng glanced at the two's computers. This is the core work equipment, perfect.

Xu Yong is also gradually interested in joint venture companies.

"Let's talk about what our company should do. In the portal category, there is Yahoo abroad, there are four major portals in China, Google has Baidu outside the search engine, Tengxun QQ has instant messaging, and Amazon has Ali Baba outside of e-commerce. , the vents are gone, what do we do?"

Everything that the Internet industry can do seems to have been occupied. There is a giant in every model. They are like mountains that cannot be surpassed. Xu Yong couldn't find where Bluestar Technology could start, so he could only watch Luo Sheng stared.

Who made him the boss?

Xu Yong's vision pattern is limited, but for Luo Sheng, who originally lived in the era of 5G big data and cloud computing, the Internet development in this world is no different from that in the wild era in his eyes, and there are many more areas to open up. go.

Before writing the Synapse software, Luo Sheng had already thought about what to do, and had a very clear plan.

Let’s start with social networks, and take the lead in developing the Facebook model before Xiao Zha. Now this time is just right. If it is a year or half a year later, there may be no chance.

Decisively cut off Xiao Zha's Hu.

Since then, Luo Sheng has never returned on this road.

In 2003, this was a very critical time node. It was not too early or too late. It was the coldest winter in the bubble stage earlier, and major companies had already completed their IPOs later.

Luo Sheng said simply and clearly: "Let's get the materials on the spot, let's start from the school."

"What?"

Xu Yong looked at him inexplicably, and Luo Sheng explained: "It's actually very simple to do a successful business, sell a plan to help people solve the corresponding problems, then find the problem first, there is a very common problem in universities right now. Take our Fuda as an example, it is almost impossible to find the corresponding photos of people just by their names."

"All the dorms in the school have personal directories, some are printed, some are online, but most students in only one dorm can consult. So, we should solve this problem, why not develop a unified online version? Vision again Zoom in a little, what about expanding from our school to universities across the country and even the world? Or even expanding from the intra-campus network to the entire network?”

Xu Yong said neatly: "Then what are you waiting for? Let's do it!"

Think of it and do it.

The two immediately started, first writing a new version of the personal name that can be viewed online, and then spending 60 yuan to register the right to use the domain name of the website named "" for two years.

BlueSpace, which means blue space, can be called Blue Society, Blue Space, or B Society in China.

As time passed, Luo Sheng was responsible for continuing to program the optimization and diffusion development algorithm that he had been pondering for a while, and together with Xu Yong was responsible for registering the domain name structure website and developing a new version of the unified online personal name.

The program code is written very fast. According to the speed and talent of the two of them, the liver can launch a new version in one night.

...

(Ask for collection, recommendation, and investment. At this time, investment is all about angel investors?)