Sucheng, Bluestar Technology Headquarters Ceo Office.

“mr.chairman (Mr. Chairman).”

Johnny entered Luo Sheng's office. He just returned from North America yesterday and came to work early this morning. He just sat down not long after the agent director who represented Goldman Sachs Capital's interests in Blue Star Technology came here as soon as possible.

As soon as he came in, he asked in a solemn tone: "Why didn't you even say hello to the board of directors when you cooperate with the copyright of the five major record companies this time? The total value is US$192.2 million. Just to obtain the digital music license from the five major record companies, you have to sell 60% of the share of the revenue to the record company? I think you should have a reasonable remark to all investment shareholders about this."

Johnny is not humble because Luo Sheng is the founder, chairman and CEO of the company. From the perspective of the Company Law, there is no distinction between chairman and director. He has the right to vote on the board of directors. Moreover, Johnny is the spokesperson for Goldman Sachs Capital 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 shareholder Goldman Sachs Capital.

So he didn't have to give Luo Sheng too much face.

But Luo Sheng was the same, and said lightly: "Mr. Johnny, I really sincerely suggest you that if you really have nothing else, it is better to go out for a trip and experience the civilized atmosphere of this land for five thousand years. As for the company's affairs, I know very well what I am doing and there is no need for you to remind me."

Johnny was furious, but he still held it back and said, "Mr.chairman, don't forget that you use the investors' funds, but what did you do? You spent nearly 60% of the funds in the B round of financing at one time. Investors do not interfere with the company's operations, but you can't do this. This financing fund should have been used to expand the growth and operation of bluespae users."

Luo Sheng turned his back to the boss's chair and put his legs on the desk. He glanced at Johnny and said, "Goldman Sachs Capital led the investment in the B round of financing and paid a lot of money. It's understandable to ask about it. So, have you finished asking? OK, I understand. When you wait for the audit statement, you can go out."

"you……"

Johnny was very annoyed when he saw Luo Sheng’s attitude and didn’t know what to say to fight back. After a moment, he said angrily: “I have never seen such a arrogant person!!”

After saying this, Johnny left the office angrily and helplessly. Otherwise, what else could it be done? He had no way to do it. There was a clear agreement when raising funds, and investors were not allowed to interfere with the company's operational decisions.

It can be said that when investors can be tough with Luo Sheng, they are talking about financing.

Luo Sheng is not afraid that Johnny will go back to report to Goldman Sachs headquarters, and no matter how he "spends money randomly", it will not change the company's strong business potential. The development of Yunge Search is also remarkable. Blue Space Bluespae has already over 100 million users. In other words, Luo Sheng can now allow the company to monetize traffic at any time.

Anyway, VC cannot interfere with what he wants to do. If Goldman Sachs is really dissatisfied with it, it will withdraw its investment and transfer the equity in it and cash out, but the premise is that someone can take over, or wait for the company IPO to go public and cash out and leave the scene.

In their eyes, Luo Sheng is indeed the founder of a "spending man". His path is particularly wild, but he can create miracles.

Frankly speaking, if Goldman Sachs Capital wants to transfer its equity now, SoftBank Capital will definitely accept it in full, but Luo Sheng firmly believes that Goldman Sachs Capital will never do this. The reason why these large investment institutions can stand firm in the world is that they are not investing in a startup company, but the entire industrial chain. As long as they believe that this industry is promising in the future, then insist on investing.

Many people talk about SoftBank Capital and Sun Zhengyi's investment vision, especially in China now. Many media are lamenting their outstanding strategic vision, because SoftBank Capital's investment is also very fierce in development. It has been established for almost a year. It is now in hot competition with ebay, and it has a slight advantage in both back and forth. Although its market share is not as good as ebay, the growth rate has made ebay feel great pressure.

SoftBank Capital has invested in Bluestar Technology, which is the fourth largest shareholder of the company. Needless to say, Bluestar Technology is the latest among the four "balt" giants in China, but its valuation has already left the other three giants behind. Its development momentum is extremely fierce and unmatched in China. At the same time, it also takes into account overseas conquering cities and land, and is doing global business.

So many people praise Sun Zhengyi's investment strategic vision, but what most people don't know is that while investing in Ali and Bluestar Technology, SoftBank Capital also invested in dozens of startups of all sizes.

Obviously, if such large investment institutions determine the prospects of an industry, they will unswervingly invest. They invest in the law of big numbers. If they cast a wide net, they will make a profit if they catch one.

Bluestar Technology is an accident because it is developing too fast and the prospects of other startups are still unclear. Even Ali, no one dares to promise that this startup will succeed.

But Bluestar Technology is definitely successful now. No one doubts that its Matthew effect has begun in the real-name social field. The domestic market share has exceeded 70%, and the overseas development momentum is also extremely rapid. Myspae, a North American competitor, is a bit unbearable because he missed the opportunity. Luo Sheng is very courageous and decisive in the overseas market. In the early stage, he invested tens of millions in the North American market, and now he is only more or less.

Myspae has not made any disruptive innovations. It has long been valued by Luo Sheng, so the international version of Bluespae is now far ahead.

Not long after Johnny left, Luo Sheng put his legs off the table, took a sip of tea to refresh himself, and prepared to devote himself to work.

After opening the computer to log in to the email, he saw an unviewed email. Luo Sheng glanced at it and found that it was an email sent by George Charles, president of the North American branch. Due to the time difference between the two places, there was always one side in the middle of the night. There was no particularly important emergency incident and generally did not call to communicate, but instead did not communicate in the form of emails.

The email sent by George asked the headquarters for instructions on the launch of the new project overseas version [musispae]. The email content showed that the North American operation department discussed together and finally agreed to let other products of the company be diverted for it, mainly the international version of the bluespae website. With the strong user base of other products of the company, musispae has a strong advantage as soon as it was launched.

This has to talk about the current development status of Blue Star Technology, which is also the biggest reliance that Luo Sheng dared to criticize Johnny for not having any temper.

In April, the cumulative global user registrations of the company's social networking website [Bluespae] have exceeded 200 million, of which 65.2 million overseas users and 30 million North American users have exceeded 30 million for the first time.

The reddit website is also very popular. Although it has been criticized since it was launched, the interesting thing is that the more you scold it, the more popular it becomes. Many industry insiders think that the pills on this website are surprising.

Through alexa query, it was found that the number of reddit's visits has been rising steadily. From its launch to now, North American users have earned 18 million, and global users have exceeded 30 million, and its growth momentum has even surpassed bluespae.

But then again, the quality of reddit users is still questionable. After all, there is no limit on registration. Registration is registered as much as a person wants. Depend on the value of reddit, mainly depends on its traffic data.

But this cannot deny the success of reddit. Although it is still being sprayed as a dog, it has indeed become popular in North America, and it is likely to be a big hit in the future.

Bluestar Technology launched this year, a brand new product [musispae], which has attracted much attention from the market.

Luo Sheng thought for a while, then replied to George Charles an email.

Considering that the overseas version of Musispae is going to compete with Apple's itunes, which has been developing for more than three years and have not yet developed a smartphone. However, the itunes music store has the advantages of the electronic product, iPod, and it does need some help for the just-in-the-start [musispae]. After all, the opponent should not be underestimated.

So agree!

But only because of this, Luo Sheng still solemnly stated in the email that [bluespae] is prohibited from accepting third-party advertising business. To a certain extent, this is Luo Sheng’s current money tree and the biggest capital for asking investors for money.

Although the company's other products are operational and well developed, they are not as good as [Bluespae]. Other products such as Yunge Search are not the leader in the search engine field. [Bluespae] is the king of real-name social networking. There is no stronger than it in the world, and it continues to widen the gap with its competitors. Of course, the value is completely different.
Chapter completed!