At the shareholders' meeting of Blue Star Technology Group, Luo Sheng's first proposal has ended, and now all the shareholders attending the meeting look at him again.

Everyone looked unhappy, especially the six major investors.

That's for sure. If you were dismissed on the spot, no one would give you a good face.

He came to the shareholders' meeting happily and was "seized" and replaced by EB, which was not happy with anyone. Luo Sheng didn't care at all. He could tolerate the shareholders present to express his dissatisfaction, as long as the vote was passed.

Don't worry about my bird's affairs?

At this moment, the major shareholders have made plans that are worse than the first resolution, and according to convention, they will probably be better than the future.

In short, the remaining two major decisions are certainly not good, at least for external shareholders.

At this moment, Luo Sheng took a sip of water, Luo Sheng looked around everyone and suddenly frozen the seat of JP Morgan and Goldman Sachs. Both of these two investors were inexplicably confused.

After a while, Luo Sheng said calmly: "The second thing is how Blue Star Technology's stock price will determine next year."

When I heard this, no wonder I was asked to sign a confidentiality agreement when attending the shareholders' meeting. Anything about IPO basically has to sign a confidentiality agreement because the time span is still very long.

Luo Sheng continued: "In order to repay the majority of investors' support for Bluestar Technology, in addition to all major shareholders, we must also guarantee the interests of small and medium-sized investors in the future, so we decided that Bluestar Technology's iPo's stock price will be executed by auction next year."

Goldman Sachs Group and JP Morgan both heard a toothache. Luo Sheng's way is very painful for Wall Street investment banks.

By using bidding to subscribe to the original shares of Blue Star Technology, it is really a place to start. I have never seen such a very careful calculation everywhere.

If you earn more, you will die?

At this time, everyone inexplicably scolded Google.

All of Google has a very bad start. The underwriters or investors present firmly believe that Luo Sheng definitely studied the case of Google IPO last year.

Because when Google was launched, it was just a bidding subscription.

Indeed, Luo Sheng referred to Google's case and was sure to do this. Who made Bluestar Technology's stock a hot item? Those with higher internal subscription prices can get it, so that they can avoid diluting their shares at an excessively low price.

In previous listing actions, the price of the original shares was generally decided by negotiation between the listed company and the underwriter, and the price was usually lower than the actual value.

Underwriters and their large customers make a difference through internal subscriptions, which of course harms the interests of the company and the interests of small and medium-sized investors.

Not only that, underwriters will also control the ration of original shares and will definitely give priority to their very important major customers. Ordinary people will not get the internal subscription rights at all.

Simply put, high-quality iPos like Blue Star Technology and Google are not something you can buy with money.

The representative of jp Morgan sighed in his heart, and it was obvious that it was harder to get a advantage from Luo Sheng than climbing the sky.

He should go to work on Wall Street.

In fact, Luo Sheng not only referenced Google, but also studied Bafette's Berkshire Hathaway, as well as other listed companies and other information.

Of course, it was Qin Weimu who helped him refer to and analyze the data.

Paul Watson immediately looked at Luo Sheng and asked in a deep voice: "Since that's the case, what is the minimum bidding and upper limit per share?"

Luo Sheng's approach must guarantee the interests of his founder team and small and medium-sized investors. Of course, Wall Street will definitely make less money from it. Both sides know this clearly, and it is not easy to talk about it on the surface, and it is useless to talk about it.

In fact, JP Morgan and Goldman Sachs, as investors in Blue Star Technology, are also listed sponsors, and they are also thinking about this in their minds. It is difficult to talk about it on the surface, but they will definitely not cooperate behind the scenes.

If you seize the opportunity, you must be so vicious that he will be so vicious.

This little bastard!

Luo Sheng didn't know what the other party was thinking, and there was no need to worry about it. He only smiled innocently and replied: "No hurry, let's wait until next year."

Damn it!

When everyone heard this, they cursed in their hearts.

But thinking about it is true. If you set the subscription price now, you will not be the shrewd little bastard in their eyes.

You will never show your trump card easily until the end.

Bluestar Technology's current development momentum will rise by one level almost every quarter, and there will be variables in pricing the day before the IPO is listed.

The matter was soon agreed, and Luo Sheng then put forward the third item of deliberation: "In the end, we decided to break down the financing of IPO next year into three times. In addition to the first time, the next two times were completed in early 2007 and late 2007 or at the latest in early 2008."

The investors present thought that the last matter would be more difficult to accept, but they did not expect that they were quite surprised. As soon as Luo Sheng came out, all shareholders expressed their support for this proposal.

When a company raises funds and goes public, of course, it is hoped that the more funds the better, but this requires a price to be paid. To dilute your own stocks in large quantities, the company and existing shareholders may not be able to get the maximum profit.

Luo Sheng decided to split one financing into three times. The 2006 IPO stage was a price, and after 2007, the market value and stock price of Blue Star Technology Group will be much higher than that of the IPO period.

Relatively speaking, when the expected financing amount is achieved, you only need to issue a small amount of stocks to achieve the goal. The shares in the hands of shareholders can naturally be diluted as little as possible, ensuring the interests of themselves and their investments to the greatest extent.

This is not only beneficial to Luo Sheng himself and the founder team, but also to all shareholders present.

The previous two matters were only beneficial to Luo Sheng and his founding team, and had no benefits to external shareholders, and even lost benefits, so they were naturally unhappy.

And this time, of course, there is no reason to object.

However, there must be a prerequisite, that is, after the ipo, Bluestar Technology Group needs to develop well, preferably more and more outstanding, and the higher the value will be.

Obviously, almost all investors are very confident in Luo Sheng and his management team at this point, because they have proved with practical actions that they can lead the company on the right path.

The third matter was passed without any suspense, and all shareholders had no objection.

There are still big differences between them one after another. The previous one that made the outside shareholders feel unhappy, and at the end they suddenly tasted the sweetness. I have to say that they could see that Luo Sheng’s move was really very pleasant and helpful.

His psychological control over people really made Paul Watson and others look at him. Such people should not be in vain for gaining advantage from him, but should be careful not to be counter-tricked by the other party.

Because she had been deceived by his young appearance, she fell into a trap. She took back 12% of the Class B equity after being warmed up.

At the end of the shareholders' meeting, it is almost time to end.

So far, Luo Sheng has basically made complete preparations for the listing of Blue Star Technology Group's iPo. Generally speaking, it can be done, strengthened, guaranteed, thought-profound, and calculated.

The big tone has been decided.

The next thing to do is to make the company's performance, products, and development safely, and to make the company's valuation as high as possible the day before the arrival of iPo.

For external shareholders, they must be very dissatisfied with this shareholder meeting, but they can barely accept it.

Luo Sheng perfectly achieved a balance between himself and capital. It is easy to say, but it is not something that ordinary people can achieve.

Finally, during the meeting and leaving the seat, Luo Sheng made his last speech again, only to see him looking around all the external shareholders and laughing: "Everyone, as early as the pre-a round, I said, my investors should not think about anything, do nothing, and ask nothing, An Anxin lies at home to count money and get cramps in her hands. This unbinding promise is absolutely successful, but today, there is no doubt that the signs of its success have become more and more obvious."

Paul Watson stood up from his shareholder seat, came to Luo Sheng and laughed and joked: "I have to admit a fact, Mr. Luo, your level of shrewdness is really too much. If such a person takes charge of Blue Star Technology Group, it will definitely make Wall Street love and hate."

...
Chapter completed!