Global Monopoly of Technology

The two sides met at the first meeting, but the specific financing will not wait until a week later, because the start of a new round of financing requires consultation with previous investors.

In this regard, Bluestar Technology said that there is no problem.

After Zhang Xuhao sent Pang Lei away, several young co-founders howled excitedly in the office and finally released the excitement they had suppressed before.

There are no outsiders anyway.

After calming down the excitement, Zhang Xuhao called the previous investment institution as soon as possible, and explained the general content of the matter.

The previous VC agreed without hesitation when he heard the news. Although he wanted 40% of the shares at one breath, the original shareholders must be heavily diluted, but the overall valuation skyrocketed from nearly 100 million US dollars. That's $ 750 million.

The more important reason is that the investment risk has plummeted, because the blue star technology is so loud that it also gives WeChat the first-level traffic entrance.

There is no doubt that with the admission of Blue Star Technology, the prospect of being hungry is brighter than ever.

After obtaining the attitude of all shareholders, Zhang Xuhao confirmed that it was correct to contact the strategic investment department of Bluestar Technology the next day. Pang Lei directly gave him a positive answer. Five days later, staff of Bluestar Technology will come to visit. Sign the contract and send $ 300 million in cash directly to the hungry company account that day.

With this money, Zhang Xuhao believes that the company's ammunition is sufficient and it will not be necessary to consider the E round of financing in the next three or four years.

It is best to be able to achieve an IPO after the Series D financing, but he also knows that this is basically hopeless. After all, after a Series C financing like Bluestar Technology, an IPO can be achieved, and the initial public offering will exceed $ 5 billion. Yes, it is an extremely rare example in the history of global Internet development.

Throughout the history of the development of the Internet industry in the world, in the past ten years, only two companies have achieved a brilliant record of IPOs in the world, and are now world-renowned technology giants.

One is Google, which raised $ 2.7 billion in IPOs in 2004.

The other is Bluestar Technology. The IPO in 2006 hit a $ 5.6 billion financing miracle.

In the first decade of the new century, Bluestar Technology and Google have been hailed as the "Geminis" of the global Internet community. In this decade, there is really no more shining than these two new Internet companies. .

After Zhang Xuhao ended his phone call with Pang Lei, he sent emails within the company. The company is currently hungry and has 1,283 employees.

The content of this email is roughly that the company has negotiated 1.88 billion (US $ 300 million) in Series D financing with a valuation of 4.7 billion (US $ 750 million). This news has caused a lot of hunger within the company. sensation.

Zhang Xuhao sent this email to stabilize the army. After all, the company is in the entrepreneurial stage. Even if it is promising, it is still based on the big picture. Employees worry that the company will not be able to raise money, and even the salary will not be issued.

The news spread quickly from the hungry company, which caused a lot of attention in the industry for a while, including competitors and many investment institutions.

This is the largest single financing case created by the Internet industry since entering 2013, and it is no wonder that it will make a sensation in the industry.

Everyone is curious who is so inhumane, but Zhang Xuhao did not disclose the investor's information in the email, but said "the investor is the most sloppy investment institution and the top Internet company in China", and the specific details will be It will be officially announced on Tuesday, February 19.

The news also made the hungry Moda takeaway company the most popular star in the circle. Many media and industry insiders began to analyze why the online food ordering business is so favored by capital.

We haven't waited for the industry to digest the news. On February 16th, the Internet technology circle burst out a huge amount of financing, which directly broke the scale of the hungry financing.

Meituan held a media conference on the 16th. Founder Wang Xin officially announced the company's entry into the takeaway industry. At the same time, it announced that it had completed a round C financing of US $ 700 million and its US $ 3 billion valuation.

The last round of financing was two years ago. At that time, it was valued at 220 million US dollars. Now it has become a unicorn company. A major message leaked at the conference made Meituan the industry. Focus.

That is the round C financing led by Bluestar Technology Group, followed by Ali, Trans-Atlantic Investment, and Sequoia Capital.

Bluestar Technology alone lost $ 500 million, which is inhumane.

But most importantly, the influence of the four words Bluestar Technology is too great.

Over time, on February 19th, was the company hungry? The company finally disclosed the information of the investor, and the investor was the Bluestar Technology Group.

To this day, the industry has changed from the original curiosity and surprise.

Because several days have been swept by the news of the US round C financing, and the time has been pushed forward for a few days, the information disclosed by Zhang Xuhao claims that the investor is the country's largest investment institution and the top Internet company.

Thinking about it, coupled with the US group's C round of financing at the same time announced the entry into the takeaway industry, Blue Star Technology is undoubtedly the most suitable object for this sentence.

In late February, media reports broke that Ali once again led a public comment to complete the E round of financing. The financing amount was not announced, and Sequoia Capital, Tencent and Bluestar Technology followed suit.

Just entering March, the Internet broke the news of financing again, and the taxi company completed a USD 25 million Series B financing, and the investor is Bluestar Technology.

In less than three days, Kuaidi also announced that it had completed a $ 1,500 Series A round of financing, led by Alibaba, and followed by Venture Capital.

No one expected that the beginning of the new year, the domestic Internet technology circle started so explosive, the two domestic Internet giants began to crazy horse race, within a month, two Internet giants frequently shot.

Affected by this good news, the science and technology board and Internet concept stocks of large A shares directly ushered in three consecutive daily limit boards.

The market and the entire Internet industry suddenly heated up, which was unexpected, but also reasonable.

People look back at the strategic restructuring of Blue Star Technology Group last year. This is already good news. The reason why it did not stimulate A shares at that time was because everyone felt that Blue Star Technology would be hit hard by Wall Street's airdrop institutions.

Subsequently, Bluestar Technology won a big victory, and the short predators left the market sadly, but the overall market situation did not show large fluctuations and entered a stable period.

After all, the time has also entered the New Year, and everyone is rushing to celebrate the New Year.

But in the middle and late February of the year, one of the biggest Internet giants in the country smashed money wildly. The cold winter of the Internet industry in these years seemed to disappear overnight, which directly ignited the investment fever of the entire industry.

It is worth mentioning that the real estate giant Wanda Group has also joined this investment boom and started to shoot in the Internet industry, which has staged a "Three Kingdoms War" posture.

Over time, in March, larger positive news stimulated a clear signal from a bear market to a bull market.

That is, the concept of "Internet +" has become a national strategy.

During this period, the broader market bears the crown for three consecutive years. The Shanghai index fell by 7.15% overall, the Shenzhen index fell by 11.58%, the small and medium-sized board index rose by 18.45%, and the GEM index rose by a total of 92.81%, of which 80 The% increase has been set in the past half month.

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Hangzhou City, Ali headquarters.

"If you catch a younger brother, I will also grab one. We will fight against you. We will not be able to compete with Bluestar Technology in this way." Zhang Xiaozao, the participating Xiaoyao, said very worried.

"This is not a question we have the final say, nor is it a question of inability to fight, but a question of having to fight." President Ma exhaled deeply and sighed: "Look, the news broke again today. Jingdong announced that it has completed a US $ 1 billion round E financing, and the investor is Blue Star Technology, and it is an exclusive investment of US $ 1 billion. Luo Sheng has already burned the war to my heart. "

The executives attending the conference were also very dignified. In the past years, Ali's managers were very puzzled. Why did Bluestar Technology work with Teng Xun and against whiteness, just not playing with Ali.

The whole seems to look down on e-commerce. Some people in the industry are ridiculed this way, but this is also the reason why Ali can rise.

In fact, Luo Sheng didn't want it, but his energy was limited.

At that time, the focus of Bluestar Technology was almost on the international market, especially the North American market. After 2010, as China ’s manufacturing scale reached the top in the world, the attitude of the old Americans began to change. The markets of developed countries will be difficult, especially the North American market.

The mainland market has not been the focus of Luo Sheng until now. After all, in his eyes, the mainland market can be taken at any time, and he is so confident.

Although it ’s a little late, but I ’m good at “socializing” my housekeeping skills, and the rest is done. The cost of late admission is definitely soaring, but in the international market these years, it ’s also earning money. The pots are full, which is not an increase in cost.

The problem that can be solved by throwing money is not a problem here at Luo Sheng.

In the conference room, Chief Ma sitting with a smile and a relaxed tone said: "You don't have to be like an enemy. The competitors this time are really terrifying, but the situation is no worse than bad It was even worse when the IT bubble burst around 2001, when the company almost died. "

Ma is always a master of speech, and his morale is his best skill.

"Don't look at Bluestar Technology's arrogance, but the big ship is also very difficult. It is very difficult to turn the rudder and it is not easy to adjust the attitude. BlueStar Technology itself has a big problem. Although it has more than 200 billion US dollars in book cash, The debt burden hit the company's highest in history, and the three strategies cost more than one, not to mention we are not yet the number one rival of Bluestar Technology. "

"Bluestar's number one opponent is the group of tech giants in Silicon Valley, so it is impossible to concentrate all its energy on competing with Ali, unless he Luo is willing to give up the entire national market and shrink to the mainland, but this young man will never shrink to the mainland. UU Read the book www.uukanshu.com The company's mass size, the company's philosophy and the national expectations of the company do not allow him to be a shrinking turtle. "

"Look at Bluestar's cloud computing business. Data centers in North America would rather burn billions of dollars a year to maintain vacant and not sell it to Google. This is a very obvious signal, so he Luo can free up One of the energy comes to work with my Ali. It ’s very good. Why is he hungry for investment, Meituan, Volkswagen, Dong, Jingdong and so on? Because the energy is limited, I ca n’t manage it. End up in person, so draw a bunch of younger brothers. "

As President Ma said, the managers at the meeting nodded involuntarily, and their confidence suddenly rose a lot.

That's right, Bluestar's weight is indeed three or four times that of Ali, but its opponents may be 30 to 40 times that of Ali.

Mr. Ma added: "Of course, we still have to pay enough attention to our competitors tactically. In 2013 this year or next in 2014, the group company should prepare a prospectus to launch an IPO listing plan. This year and next year is the best for Ali. At this point in time, the IPO will be financed by the current good situation, and a large amount of money will be available to reserve sufficient ammunition to have the confidence to not fear the rivalry! "

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