Bluestar's current shareholding structure has three major shareholders, namely Luo Sheng, Xu Yong, and Teng Xun as external shareholders.
When the company was registered, it was [one-person limited liability company]. After the angel round of financing, it should be changed to a company limited by shares. However, Luo Sheng has not yet gone to the industrial and commercial office to do this. This time, he still decided to delay again for a while. In theory, There will be equity disputes, but as long as the VC is convinced, it is not a problem.
Luo Sheng also has good reasons. Open source and reduce expenditure. Anyway, the shareholder agreement was signed in accordance with the "Contract Law." At that time, when amending the articles of association, he was confident to convince VC investors.
Prior to the QQ angel round of financing, Luo Sheng held 90% of the company's equity and partner Xu Yong 10%. After receiving the financing, it also ushered in the first round of dilution of equity.
Luo Sheng's current shareholding has been diluted from the previous 90% shareholding to 82.8%, Xu Yong has been diluted from the previous 10% to 9.2%, and QQ has become a new shareholder of Bluestar Technology and holds 8% of the equity.
Bluestar's equity structure adopts the AB share system with the same rights and different shares. The co-founder holds voting class B shares. As an investment shareholder, QQ receives class B shares diluted from Luo Sheng and Xu Yong. These stocks are automatically converted into Class A stocks with only dividend rights.
At this time, several investors looked at Luo Sheng. After Liu Wen finished speaking, they did not speak, indicating that it was tacit.
Luo Sheng shook his head without hesitation and said, "I'm sorry, President Liu. I don't accept any business betting agreement. Since that is all, I will make it clearer. I only accept financial investors and do not share a vote of rejection. Rights, while the shares transferred are Class A shares. "
Everyone heard what he said, and they saw that Luo Sheng's desire for control of the company was strong, which was equal to Bluestar Technology, who had the final say alone, and no one could restrain him.
Bluestar Technology is his own bluestar technology.
Such founders are too powerful and overbearing, and do not give investors a little bit of right to speak at all.
Li Yan of Softbank Capital said bluntly: "IMHO, VC's brain can only accept your condition if it's crazy and caught by the door."
Liu Wen and Chen Tao also smiled surprisingly, while Xu Chenghua remained awkward and elegant and remained silent.
Luo Sheng didn't care, and laughed: "I dare to put forward this condition because I have the confidence and the ability to run the company successfully, and I don't need to show you anything to prove it. I have already proved The total investment of 1 million by Xu has created a social platform that now has a monthly user growth of more than 10 million, and it is only high or low. This kind of proof is enough once. "
Just then Liu Wen wanted to say something, but Luo Sheng directly raised his hand to stop him, and said, "After finishing one sentence, invest in me, don't say, don't do it, don't think, lie quietly and count the money. ; Don't vote for me, there's no need to say any more. "
This aura was almost, Liu Wen swallowed the words to his throat, and stumbled for a while.
In the end, several investors looked at each other, and apart from that, they have now learned the strong and overbearing side of the young founder, especially the arrogance of the young man who showed the most in every word and deed.
Strong founders, they have seen a lot of them, but like Luo Sheng, they have never met in their lives, never, those so-called strong founders, if compared with Luo Sheng, would be a younger brother.
He has n't invested yet, he 's already like this. If he invests the money, he still has it?
Say good VC is dad?
"Brother Luo, how can you get investment like this? Then you must be scared away." Xu Chenghua smiled helplessly, now he seems to be acting and muddy.
Luo Sheng grinned in his heart and refused to respond. But he is very clear and confident in his judgment. These are the famous venture capital institutions.
They are investing in the track. To put it plainly, they have come to occupy the pit. As long as one project and one entrepreneurial team are not brain drained, they will definitely invest a sum of money. One hundred projects are invested, ninety-nine have failed, and one of them has succeeded It will be able to recover all the previously failed investments.
Besides, the current development momentum of Bluestar Technology is here, let alone, with the consistent style of SoftBank Capital, it will certainly not fall.
Luo Sheng put away his strong side, relaxed a bit, glanced at Xu Chenghua, and looked around everyone seriously, saying, "I'm not crazy, but I'm responsible to investors, to myself, to what I do. My business is responsible, everyone. "
He paused for a while and added: "What I want is capital that trusts me and trusts me. I don't want any capital with skepticism to come in. If I think I can't succeed, what do I invest in? I think I can succeed, then Give me the money. It's enough to make a profit. What do you want? "
Mr. Li of Softbank Capital said lightly: "Mr. Luo, that's not investment, it's gambling."
Luo Sheng thought that Softbank didn't like this, and immediately looked at him and smiled: "Then you are not an investor or a fake investor."
Li Yan frowned: "What do you mean?"
Luo Sheng spread his hand: "Isn't it obvious? If you think it's gambling, then it's not an investor; if it's a real investor, you can only invest or not, and not gamble, do you think?"
Uh...
The crowd was stunned for a while, and Li Yan was speechless for a while, but after a while he concealed his embarrassment and said, "Non-sense, you are sophistry."
I had a big boring loss here at a hairy kid, which made Li Yan feel uncomfortable and very depressed.
"Hahaha ..." Xu Chenghua suddenly slapped his legs and laughed, and said after a while: "One thing is for sure, Brother Luo has not failed so far. As long as there is no failure, why should I question? Xu Chenghua originally accepted this condition in the angel round investment. The current round of pre-A financing is still accepted. On behalf of Teng Xun, I would like to be the representative of this round of financing.
Xu Chenghua deliberately glanced at Luo Sheng while speaking, but the latter frowned and couldn't see any expression.
Luo Sheng's attitude made Xu Chenghua more reassured. This founder either soared into the sky or ... even if he is a liar, it is a personal talent with this acting skill.
This talent is also rare.
Therefore, Xu Chenghua no longer has any doubts. Even if he bets, he has to bet once. Even before and after the pre-A round of financing, the losses will be fully affordable.
Li Yan was scolding Xu Chenghua asshole in his heart at the moment, he quietly took the decent role, labor and capital became a villain somehow, the more he wanted to get angry and not to fight.
The people present were all human beings, and the calculation behind the smile was not a little bit more.
Xu Chenghua knew Luo Sheng, but Liu Wen didn't know them, but now they also know that this young man can't fool, put pressure on him, or even control him. They conclude that Luo Sheng is even a man who is rather jade than broken. People.
Cooperating with such people, UU reading www.uukanshu.com will either ignore or accept passive status, because he has to take absolute initiative.
Just like now.
In fact, the four VCs who come here are all 100% invested in Bluestar Technology. Yes, they have been determined 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. It is enough for everyone. They are in a hurry to occupy the pit.
"Mr. Luo, you said that qualified investors will not bet, but I want to tell you that this time I will bet on you." Liu Wen said with a smile.
Luo Sheng, with a low eyebrow, couldn't help but look up at President Liu of the venture capital fund, and immediately made a joke: "Bet on others, it's investment in me, and wise investment, I promise."
"Hahaha ..." Chen Tao also laughed: "General Xu and General Liu have already stated their positions, so I will follow them, what about President Li?"
"Nonsense, how can you lack one pair, you do n't dare to play in the pre-A round of financing, then you must not be secretly joked about me, maybe I will be fired by my grandson when I look back. Of course, this pit Softbank will occupy One position! "Li Yan is also unambiguous. When faced with such a strong founder and such harsh conditions, there is no difference between lead investment and investment, depending on who is willing to pay how much money.
Erin's sister, who had not spoken at the scene, was confused, and she did not understand the communication between these men. She was baffled. She just had a posture that almost broke up and broke up.
How can everyone make a 180-degree turn in an instant?
so amazing…