The company confirmed this. Xu Yong was the first partner, and the two immediately started discussing the company's name.
"Just call Bluestar Technology!"
Luo Sheng thought about it and decided the name on the spot, and then added: "Before going to register the company, you must finalize the top-level design, which is the company's equity structure."
Xu Yong said, "What method?"
What kind of method the company's shareholding structure adopted, Luo Sheng naturally already thought about it. Starting a business was not decided by him today, and he immediately said: "I decided that the company's shareholding structure should adopt the AB share system, so that even if VC financing is obtained in the future The dilution of equity will also ensure that the company's control 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 of 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. The B shares held by the founder team have N votes per share. N is usually 10, which can also be 20 or other. The founder team has 10 times or even 20 times the voting rights of its shareholding, thus firmly controlling the right to speak to the company.
The company's adoption of this equity system also means that in the future, IPOs can only be listed in the United States, because domestic shares are not recognized in AB, and Hong Kong stocks are the same, and there are too many terms in the A-share listing clause, even if there is no Luo Sheng selected.
There are few Internet companies listed on A shares.
Luo Sheng came to 2003. To a certain extent, it is now in a state of nothing. There is no invincible cheat in the novel. To start a business from scratch, it is necessary to introduce venture capital in the early stage.
Under the framework of the AB share system, Luo Sheng gave voting rights for Class B shares to 20, so even if the entrepreneurial management team was not included, only Luo Sheng's personal shareholding ratio was used, as long as the proportion of Class B shares was not changed. Below 10%, this line still has absolute control over the company.
Moreover, Luo Sheng could not dilute his shareholding so much.
The design of the shareholding structure often determines the future destiny 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 not had a dual-share system for AB shares.
The benefits of this ownership structure can ensure management or founder control of the company, ensure that management decisions are not interfered by shareholders, and prevent malicious acquisitions.
After a while, Luo Sheng continued: "On this basis, I want to have a veto of the company. This top-level design can ensure that the company's control is always in the hands of our co-founder team, and with the operation Expansion will also introduce new partners in the future, so we can jointly exercise voting rights in our entrepreneurial team. If there is any disagreement, there needs to be someone who will ultimately make the decision, and that is me, which is a veto. "
A one-vote veto means that any resolution at a shareholders' meeting can be vetoed without a vote.
Xu Yong said, "Would you be so serious and formal?"
Luo Sheng: "You have to be serious about playing the real thing. You can't lay the groundwork for potential hidden dangers in the future. Do you have any opinion on this allocation?"
Xu Yong stated that he had no opinion. The company was to be run by Luo Sheng. He did not pay any money and took 10% of the shares. Naturally there would be no comments. Xu Yong's family background is ordinary. He comes from a rural family. His parents are workers and he has no living expenses.
Luo Sheng's family is better than him. He is a middle-class family, his father is a middle school music teacher, and his mother is a top professional lawyer. He is also a legal consultant for many large state-owned enterprises and multinational companies.
Bluestar Technology's basic framework was thus determined.
In the afternoon, Luo Sheng and Xu Yong left school again. This is not the first time they have done such a thing.
The talent is sometimes very irritating. Even if the class is skipped every day, the grade is better than those who study hard, probably this is one of the reasons why no one plays with him.
It is natural to skip the class to register a company, because it requires more than two people, and the process is fast, but the cancellation of the company is slightly more troublesome.
The company's full name is "Blue Star Science and Technology Co., Ltd." and "Blue Star Technology" for short, 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 is a waste of time.
...
407 dormitory.
"The company started up, and currently has only 350,000 registered capital. You need to save a little money, and the dormitory will temporarily serve as our office base." Luo Sheng glanced at the computer of the two, which is the core work equipment and perfect.
Xu Yong is also gradually interested in joint ventures.
"Let's talk about what our company should do. There are Yahoo abroad in the portal category, four major portals in China, whiteness in the search engine, Google QQ in instant messaging, Tencent QQ in e-commerce, and Amazon in the e-commerce. The air outlet is gone, what are we doing? "
Everything that the Internet industry can do seems to have been occupied. There are giants in various models. They ca n't be surpassed like a mountain. Xu Yong ca n't find where Blue Star Technology can start from, so he can only look at Luo Sheng Gan stared.
Who made him the boss?
Xu Yong's vision is limited, and for Luo Sheng, who was originally living in the era of 5G big data and cloud computing, the development of the Internet in this world is no different from the wild era in his eyes, and there are more fields to explore. go with.
Before writing the Synapse software, Luo Sheng had already figured out what to do, and had extremely clear planning.
Let 's start with the social network. Before Xiaozha took the lead in figuring out the Facebook model, now this time node is just right. If it is one year or six months later, there may be no chance.
Cut off Xiao Zha's Hu decisively.
Since then, Luo Sheng has never returned on this road.
In 2003, this was a very critical time point. It was just right, no sooner or later, and it was still the coldest winter in the bubble stage. Later, major companies have already completed their IPOs. UU Reading Book www.uukanshu.com
Luo Sheng said plainly: "Let's get the materials on the spot, let's start from school."
"What?"
Xu Yong looked at him puzzlingly, and Luo Sheng explained: "It is actually very simple to do a successful business. Selling a solution to help people solve the corresponding problem, then find the problem first, and there is a very common problem in universities now .Let's take Fuda as an example. It's almost impossible to find their corresponding photos just by people's names. "
"All the dormitories of the school have personal directories, some are printed and some are online, but most of them can only be viewed by students in one dormitory. So, we should solve this problem, why not develop a unified online version? Let 's zoom in a bit, from our school to universities across the country and around the world? Or even from the intranet to the entire network? "
Xu Yong said sharply, "What are you waiting for? Get started!"
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 spent 60 yuan to register a domain name using the "" website for two years.
BlueSpace, which means blue space, can be called Blue Society, Blue Space, or B Society in China.
As time goes by, Luo Sheng is responsible for continuing programming and optimizing the diffusion development algorithm that he has been pondering for some time. He is also responsible for registering the domain name architecture website with Xu Yong 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.