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Chapter 098 [New record?]

Erin responded quickly: "There is still about 440 million yuan in the book fund pool."

Luo Sheng was stunned for a while and said, "That's all left? Well, even if the copyright expenditure is more than 1.6 billion yuan, there is still more than 1 billion yuan left in the B round of financing. The company's book funds before the financing were about 200 million yuan. Hao123 had a revenue of more than 40 million yuan last year, and he has earned 70 to 80 million yuan this year. Nearly 1.4 billion yuan, why is it spending 440 million yuan left? It's not that the operating cost before July is 300 million yuan per month, right?"

Erin said angrily: "If the monthly operating cost of 300 million yuan before July is spent, the company will not be able to pay wages in May, may you still suspect that my account was not done right? If you don't believe it, just call your little secretary Qin Weimu auditing. You are really not in charge of the company and don't know how expensive it is."

As he said that, he could hear a certain kind of resentment. Luo Sheng felt a lot in his heart. A woman's thinking and brain circuit were so jumpy, and sometimes it was really troublesome.

Although Luo Sheng likes to test wildly on the edge of the fire in the backyard, he doesn't want to really cause the fire to burn him. He hurriedly said, "If I don't trust you, then no one in the company can be trusted. Whether it is ability or quality, it is unreserved, especially ability. Although your qualifications are not as good as Qin Weimu, your ability is not inferior to that of you. On the other hand, you are much better than her."

When Erin heard that she was so proud that she could not say anything, she was at least satisfied with her heart. Luo Sheng sighed in her heart: Brother is such a logical genius!

He immediately changed the topic and said with a smile: "Do you want to eat goose meat today? Offer it at any time, with a large amount of food and fullness, and it is accurate to be fresh!"

Hearing this, Erin glanced at him in a bad mood: "Go away, I think beautifully... I have reported the company's financial situation. You are the boss and you can do it."

After saying that, Erin turned around leisurely and left the office as if nothing had happened.

Luo Sheng sighed to the sky: "A woman's thinking is really comparable to unreasonable equations. She takes the initiative to offer her advice and does not require her. It's really hard for me."

After a while, Luo Sheng's eyes fell on the files on the desktop, and then he put away his thoughts, picked them up and flipped them out for a while.

Erin is right. With the launch of the streaming video business, the operating costs may soar to 400 million next month. The salary will not be paid next month. If you delay your salary next month, you will not have enough money to pay the Internet fee.

After thinking for a while, Luo Sheng immediately packed the documents and put them in the folder aside, then called Zhang Bowen and asked him to contact the investor.

Luo Sheng took the initiative to find VC, that's just one word of money!

After arranging the matter, Luo Sheng left Blue Star Technology and turned to the Costa delta.

For a long time in the future, he will spend one-third of his daily working hours on Blue Star Technology and two-thirds on Blue Sky Coast, but it is not absolutely fixed. The specific arrangements are based on the actual situation.

Bluestar Technology's funds have bottomed out, which to some extent proves from the indirection that the company is growing and growing, and what follows is a crazy surge in operating costs.

Brother Ma once wanted to sell QQ, but he probably couldn't afford to pay for the internet fee.

However, Luo Sheng was not in a hurry and was not panicked. The company's current funds could last for about 40 or 50 days. He preset a safety line. Before the next mid-September, the C round of financing must be negotiated, that is, within the next 24 days.

Once the agreement has not been completed after 24 days, the company immediately launched the monetization plan and started with [Blue Space Bluespae] first. Of course, Luo Sheng was unwilling to launch the traffic monetization plan at this time. In the long run, this is very unprofitable.

But if you can't raise money, it will change, otherwise the company's funds will not be able to continue to operate.

Once it changes, Luo Sheng will not seek any private fundraising plan. He wants to pay for it, either just postpone the listing time or directly iPo.

Luo Sheng is not a vengeful person, but he is definitely a person with a temper, and his temper is also more violent when he comes.

...

The company's chief operating officer Zhang Bowen was dealing with this matter and sent a notice to the company's main investors one by one.

The news that Bluestar Technology is about to launch a new round of financing spread wildly, and the company has no intention of hiding it at all. As an executive of Bluestar Technology, the news that Zhang Bowen contacted investors has been reported by the media.

As a domestic star-level Internet company and even an Internet company that is highly concerned by the Silicon Valley technology circle, Bluestar Technology's every move has attracted the attention of the industry.

As expected, Bluestar Technology launched a new round of financing, and many entrepreneurs in the industry are probably "to" reach a new round of envy, jealousy and hatred.

As we entered the streaming video business in mid-to-late August, with the launch of the product, it once again attracted much attention from the industry in less than three days.

However, there are not many people following the trend this time. There is no funding for streaming business. The cost of one network fee has discouraged many entrepreneurs. In addition, because this time it is not a disruptive innovation model, streaming technology has been born for a few years. There are dozens of video sharing websites on the market, among which Flix is ​​the most eye-catching.

There are even voices that are slandering, and Bluestar Technology's innovation has dried up?

In fact, the media title party is just.

Practitioners who are truly deeply engaged in the field of streaming media technology will never think so. Not to mention that Bluestar Technology has already led the current online video sharing websites in terms of the 23 patented technologies in the field of streaming media technology.

As time goes by, September 7, all the major venture capital institutions of Blue Star Technology have completed audits of the company's current operating expenses through third-party audit institutions, and are fully consistent with the data submitted by the company.

This makes all major VCs have nothing to say and are very satisfied. Every amount of money in Blue Star Technology can withstand the verification of third-party audit institutions.

On September 11, this day was definitely the day that the Internet industry has attracted attention this year. On the morning of that day, the industry media sent reporters to the first Hilton hotel in the Bund of Shanghai.

This hotel has always been one of the landmarks in Jing'an and even the entire Shencheng since its opening. In the 1990s, there were no modern buildings here, and the 40-story Shencheng Hilton Hotel is the most luxurious tall building here, with a helicopter take-off and landing platform on the top floor. Not to mention this configuration, even in ten or twenty years, it is still very complete and high-standard.

At this moment, seventy or eighty media outlets and even mainstream media gathered at the Hilton Hotel early.

Because today Bluestar Technology is going to negotiate with the heads of major VC representatives to discuss the C round of financing, and the location is set at this hotel.

A business negotiation for financing has attracted so much attention not only because Bluestar Technology is the largest among domestic Internet companies, but also because it is the only domestic Internet companies that have successfully achieved globalization of business so far, and because the investors participating this time are basically investment institutions that are domineering in the business world and even Wall Street.

At around 10 a.m., luxury cars drove to the gate of the Hilton Hotel, and the reporters at the scene were also constantly taking pictures.

Before and after, Liu Wen from Venture Capital, Li Yan from SoftBank Capital, Chen Tao from IDC, Meng Qiu from Goldman Sachs Capital, etc., these top VC leaders in Greater China have all come.

All of Bluestar Technology's previous major investors were absent, and Xu Chenghua also came on behalf of Teng Xun.

However, he also knew that Tengxun was mostly here to make soy sauce this time. Xu Chenghua came here for two purposes: one is to ensure that the shares of Blue Star Technology held by Tengxun are not diluted, and the other is to eat as much as you can after squeezing a little money.

But I definitely can't eat much, because the valuation of this round of C financing will definitely break the record, which is the default consensus in the industry.

It may also be the last financing, and after round C, it will enter the iPo stage.

The development momentum of Bluestar Technology is there. The company is operating well and expanding rapidly, launching new businesses, and has also achieved great success. The company's commercial value will increase almost every month.

Accompanying this is the continuous increase in the ability to burn money, and the VC is a little unable to withstand it.

This round of financing also brought two new faces.

...
Chapter completed!
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