In the afternoon, when Yao Jianhong opened his personal computer, he found that he had received a formal offer from the Costa del Blue Company in his email. After reading the details, he did not hesitate to agree.

The contract was signed on the same day and became a formal employee of Costa 005980 of Costa 1.

Yao Jianhong joined the Coast of Blue Company and his first task was to be responsible for the company's supply chain partners and sales department channels, which was also the first assessment of him.

As the plan progresses as scheduled, sales also need to start following up. Everything is from scratch, so naturally you have to prepare. Otherwise, when the product launch conference comes out, consumers have no way to buy it. So, wouldn’t the company be furious?

On the Blue Star Technology side, in the days ahead of this year, Luo Sheng attaches great importance to two important tasks.

One is to prepare for the IPO listing plan in the United States, and the other is to complete the company's spin-off and reorganization plan.

...

As late April began, news in the industry was suddenly flooded with news about Blue Star Technology. It was just a headline some time ago, but now it is back.

In an earlier meeting, Luo Sheng officially announced the news of his preparations for listing at the meeting. Directors appointed by major external shareholders then reported to their old bosses.

Not long after, the outside world received the news.

The Wall Street Journal, Bloomberg News, Reuters and other major global financial media and mainstream media such as the New York Times and the Guardian have reported this news.

Wall Street had already started hype before the end of April. The listing of Bluestar Technology Group was undoubtedly the most sensational and exciting financing action in history.

Some authoritative analysts even pointed out that the listing of "BT" may exceed the scale of the iPo set by Google's listing last year, and may even become one of the largest iPo in history.

The whole market was in full swing. I became frenzy about the code "bt".

At first glance, it looks a bit unusual. Google's revenue reached US$3.19 billion and profits of US$399 million last year, with an average revenue of US$797 million and profits of US$99.75 million each quarter.

In contrast, according to Bluestar Technology's data, its revenue in the first quarter of this year was US$434 million, and its profit was only US$3.17 million. Based on this benchmark, it is an intricate data. The total revenue in a year is approximately US$1.736 billion, and its profit is US$12.68 million.

According to this number, Bluestar Technology's revenue this year is only 54.42% of Google's last year, and its profit is only about 3.17% of Google's.

Why can Bluestar Technology iPo surpass Google's market value?

The savvy Wall Street naturally would not make such low-level mistakes and would not let itself suffer losses.

You should know that Bluestar Technology's revenue can almost be said to be supported by one of its six major sectors, namely the social platform business. The other five major business sectors are still in the growth stage and have not yet made any efforts, but huge potential is the key.

Although other business segments of Bluestar Technology are currently in a state of huge losses, Luo Sheng has given them great confidence. Wall Street is not afraid of Bluestar Technology's current losses, but is afraid that it will not make a lot of money in the future.

It is obvious that Wall Street is also very clear that Bluestar Technology's current losses are constantly investing in development and making greater money in the future.

As long as it is a reasonable loss, Wall Street can fully accept the loss that can pay for the future of making a lot of money.

In addition, the factors that naturally build momentum for Blue Star Technology iPo are also included. After all, Wall Street holds more than 30% of Blue Star Technology's equity, and then it can exceed 40% after ipo.

...

Bluestar Technology Group Headquarters, in a hall.

"Mr. Paul, we hope that Bluestar Technology Group can hold a public offering in the first half of next year. It is too early to do so. The board of directors originally disclosed the preparations for the IPOS. I planned to communicate between the company's shareholders and spread it internally. I didn't expect you to release the news."

At this moment, Luo Sheng was interviewing Paul Watson, the head of Goldman Sachs Group, and Meng Qiu, the head of Goldman Sachs Capital in Greater China, was also present. After a while, Luo Sheng added frankly: "To be honest, you should also know that many investment banks have come to me before, and they hope to contract the listing of Blue Star Technology."

Paul Watson did not respond immediately. Indeed, before Goldman Sachs, almost all the famous investment banks in the world came, such as Morgan Stanley, Credit Zurich, Citi, etc., had long sent important people to Bluestar Technology to contact Luo Sheng before Goldman Sachs.

These investment banks have expressed their willingness to contract and list for Bluestar Technology without exception. As early as 2003 when Luo Sheng founded Bluestar Technology, the US stock market reached an undervalued impact due to the bursting of the Internet bubble.

Many investment banks urgently need some special math to stimulate the stock market that has been sluggish for two years, and Google's listing last year almost became a stimulant for the entire stock market that year.

However, Bluestar Technology has risen against the trend under the sluggish environment. It has grown to such a huge scale in just under three years, and its potential is vaguely higher than Google.

If Bluestar Technology goes public, it will definitely be a super stimulant in the stock market.

"Mr. Luo, if BT performs ipo, its scale will definitely not be smaller than Google's ipo last year. However, Goldman Sachs Capital is very happy to launch a large-scale contract for Bluestar Technology, and it has always supported it with high profile. It does not need to wait until next year, within three months. We dare to guarantee it." Paul Watson said in a decisive tone.

In fact, Paul Watson didn't believe what Luo Sheng just said at all, or only believed half of it.

Some time ago, the board of directors announced the preparations for the IPO, but it is scheduled to be next year. What did you do if you reveal it so early?

With such a long time span, there is no need for potential stocks like Bluestar Technology Group. You must know that before the bursting of the Internet bubble, an Internet company successfully rang the bell on Nasdaq without even a year from its establishment to its IPO.

And capital groups like Goldman Sachs have unquestionable strength on Wall Street.

But Luo Sheng did this, and he is currently contacting one world-renowned investment bank after another. Paul predicts that Luo Sheng may have met more than a dozen bankers before this.

And it fully demonstrates patience.

At this moment, Luo Sheng said in a serious tone: "To be honest, Mr. Paul has more than 11 investment banks that have hoped to contract the listing of Blue Star Technology Group. Each of them, including Goldman Sachs, is the world's top investment bank. I don't know what to choose. It seems that no matter which one is chosen, it is OK for Blue Star Technology Group. Everyone has brought full sincerity. I don't know how to refuse. The happiness that should have been worthy of it has now become a new trouble."

After saying that, Luo Sheng sighed helplessly. Paul Watson was unmoved at all when he heard this. Instead, he stared at the other party with a playful smile and said, "Mr. Luo, you are young but I have to sincerely admire you. You are really very calm and smart in front of the experienced Wall Street bankers."

Luo Sheng immediately responded: "No, this is not shrewdness, this is honesty."

Paul Watson heard this, then smiled and said in his heart: What a clever little trick, damn it!

He knew that Luo Sheng was mostly aware of the cards in his hands and the cards in Wall Street. It was because of this that he revealed his preparations for the IPOS some time ago, but it was scheduled to be launched next year. The time is not specific and is still vague.

Therefore, there were so many investment banks coming this time, and Luo Sheng was not alone and met with him as soon as possible to show his importance.

But after meeting more than a dozen investment banks, I have not been in a hurry to agree to any famous investment bank to express his intention to contract and list. Instead, I am extremely patient in keeping in touch with many investment banks. I will definitely receive the meetings when I come to see you, but I just don’t let it go.

How smart is Wall Street?

In fact, everyone is smart.

Paul Watson knew why Luo Sheng did this, that was to lower the commissions as much as possible, and to minimize the commissions of underwriters without offending any famous investment bank.

His speculation is not wrong at all. Lowering commissions is the core starting point for Luo Sheng to do this, and this doesn't seem to be clever, because if you have a little brain or reasonably speculation, it is not difficult to get this result.

But this just demonstrates Luo Sheng's calmness, patience and shrewdness, because even though everyone knows what he wants to do, they keep rushing upwards.

Because of the interests!

Luo Sheng pointed directly at human nature and the real vested interests. It seems to be flawed but is indestructible.

According to customary practice, listed underwriters will charge 7% of the financing amount as commission. If Bluestar Technology Group finally hits a financing amount of US$3 billion this time, if it is a routine 7%, it will give the sponsor a huge commission of US$210 million.

For investment banks, this money is no different from making money while lying down. There is no other reason. The huge potential of Blue Star Technology Group reduces the risk to an exaggerated level.

The net income is so huge and the risk is so small, which is simply contrary to investment principles. Of course, major investment banks are rushing to contract.

However, they met Luo Sheng. It was impossible to earn huge net returns from him with extremely small risks. The smaller the risk, the less you earn. This is investment.

What's more, this is already a considerable commission, and it is only a part of the profits that the investment banks that are sponsored and listed are able to obtain, rather than all the benefits.

……
Chapter completed!