Global Monopoly of Technology

Goldman Sachs (Asia), as the global coordinator and sponsor of the listing of Tencent, sold 420.2 million shares at a price of HK $ 4.52 per share, raising about 1.9 billion Hong Kong dollars ($ 243 million), and the company's market value reached 7.6 billion Hong Kong dollars ($ 976 million).

Based on the issue price of HK $ 452 million, the personal assets of Pony, which owns 14.43% of the company, are close to HK $ 1.1 billion.

On the day of Tengxun's listing, the stock price ushered in an explosive growth and opened in a gap. As of the close, it was reported at HK $ 7.30, an increase of 61.5%, and its market value reached 12.274 billion Hong Kong dollars. The pony ’s worth soared to HK $ 1.77 billion that day.

On this day's Hong Kong stocks, investors and investors of all sizes are crazy about this capital feast.

The change of these huge numbers in an instant is not only the change of numbers, the fluctuation of the K-line chart, the most important thing is the fluctuation of wealth, and this is the most crazy thing.

On this day, Teng Xun, one of the four “BALT” Internet companies in China, took the lead in successfully achieving an IPO. For a startup company, the realization of the IPO means that this “enterprise game” has been cleared, and Teng Xun used it. It takes about 6 years to clear the customs. After listing, it is a brand new start. What will be the final result?

This day is destined to be the highlight of Tencent. No one in the industry can grab the headlines, except for Bluestar Technology, which is still a strong point, because Bluestar Technology has also been mentioned frequently in the news covering Tencent's listing.

Industry insiders only need to think a little to find out that on the eve of Tencent's listing, Bluestar Technology suddenly released a piece of information. Rarely, the information should not be too complete. The industry agrees that Tencent's listing skyrocketed by 60% on the day of listing, and its 9.45% equity interest in Bluestar Technology played a big role. Based on the current valuation of Bluestar Technology, this equity may have a premium of about $ 500 million. It is equivalent to one third of the current market value of Tencent.

For the four major Internet companies "BALT", one company has already been listed, and industry insiders and the media industry are also paying attention to which one will be the next one. After all, several other companies should almost be listed.

However, it will definitely not be Bluestar Technology. The reasons are also very simple. Two reasons. The first is that Bluestar Technology has reached the B round of financing. Although it is not necessary that ABCDEF all go through one round to go public, the second one The reason indirectly proves that Bluestar Technology will not go public in the short term, that is, it has not yet created a dollar of profit.

I am not saying that Bluestar Technology cannot make money, and no one thinks so, but that Luo Sheng has been pressing to prevent the company from rushing to realize profit, which is for greater ambition.

This is also the reason why many people in the industry admire Luo Sheng very much. They can quickly monetize but can always hold back. This is not what ordinary people can do, not only to restrain themselves, but to get investors. .

Many people are extremely looking forward to the day when Bluestar Technology will officially realize the flow of traffic.

The most popular voice in the industry is whiteness, because at the beginning of this year, whiteness also reported that it would go to the United States next year.

Bai Baidu is actually very uncomfortable now, because Luo Sheng has once again confused the domestic search engine market that was gradually clear. Until now, who can stand out from the siege is still foggy.

Most people think that Baidu is the company most likely to become the second listed company in "BALT", because it is likely that it will become more and more difficult to stop listing.

As for the raccoon baba, the current raccoon baba can create a profit of 1 million yuan a day, which is better than the days in 2002. I do n’t know how many times. That year, raccoon was really dead for nine lives, and the company almost disappeared. .

But A Tan also has no plans to go public in the near future. She is currently fighting with eBay, and her domestic counterparts have not resolved it, because eBay's competitive pressure is so high that she can't make it.

Uh ...

In the early morning of June 17, the next day, Luo Sheng volunteered a call to Xu Chenghua.

"To be honest, Brother Luo, without this 9% shareholding of your company, we dare not set the issue price to HK $ 4.52, but HK $ 3.7. This is a rough calculation, at least doubling the company's total market capitalization. "

At this moment, Luo Sheng was talking on the phone with Xu Chenghua, only to learn that Tengxun's original plan was to set the issue price at HK $ 3.7, and it was estimated that the raised funds would be about US $ 200 million. After the negotiation, it was raised to US $ 4.52 and US $ 240 million in IPO financing, but it still underestimated market expectations.

After a few minutes of communication, the two sides ended the communication, and everyone was very busy.

Luo Luosheng spent two hours at Bluestar Technology, opened an executive meeting to understand the company's operating status, and the development process of the [BluestarVideo BluestarVideo] project, and then went to the Cote d'Azur.

The focus of his current work is basically on the French Riviera. Two-thirds of the working time is spent on the "Blue Coast Lab". The establishment of the highly confidential [Azure] project plan after the establishment of the French Riviera company, Luo Sheng's focus. Undoubtedly fell on the Cote d'Azur company.

He founded Blue Star Technology and launched Internet products. Luo Sheng is undoubtedly an innovator, because the products he made have not been done in the industry.

For the products planned for the [Azure] project of the Cote d'Azur company, Luo Sheng is undoubtedly a challenger, and the object of challenge is also a behemoth. One is more horrible than the real giant in the industry, and it is not one or two. Numbers such as Apple, Motorola, Palm, BlackBerry, Nokia ...

Uh ...

Over time, the popularity of Tencent has finally receded in the industry. After the company's market value rushed to the line of 16.2 billion Hong Kong dollars, it finally stopped the skyrocketing curve.

On June 21 of this year, the search engine section of Bluestar Technology officially launched a related supplementary product of Yunge Search [云 歌 知道], which is an interactive search-based knowledge sharing platform based on search. Luo Sheng set the idea, Yu Jun served as product manager, and as early as February this year, Yu Jun led a team to develop a team.

[Yunge knows] There wasn't a grand product launch event on the line, it was just on schedule.

Uh ...

The next day, Baidu company headquarters.

In a conference room, President Li had a temporary meeting with the company's operations department and several senior product managers.

"Blue Star Technology Co., Ltd. launched a low-key product related to cloud song search yesterday, called [cloud song knows], an interactive internet search product based on search, what do you think?" Mr. Shen Shen said.

It is possible that apart from Luo Sheng's Bluestar Technology, other Internet companies have a strong sense of crisis ~ www.wuxiaspot.com ~ Among the "BALT" Big Four, the degree of crisis in whiteness may be the largest since last year. The other three are developing in an increasingly better direction, but the whiteness seems to be doing the opposite ...

The company now uses the back to describe the enemy as being exaggerated. Although it has more than half of the market share in the search engine market, it is not afraid to take it lightly. Since the launch of Blue Star Technology by Blue Star Technology, Baidu has quickly acquired thousands of music to consolidate its brand. The moat of mp3 music search can be seen.

Whiteness is really anxious now.

A senior product manager at the conference was using Yunge Search on his laptop, and after experiencing a new product from a competitor, he said, "The new product launched by Bluestar Technology, how do you think? It is a supplement to the search function of Yunge. The biggest bright spot is that users can ask questions based on targeted questions, and use the reward mechanism to launch other users to solve problems and enrich the search mode. "

The product manager sitting next to him added: "The answers provided by users will be further used as search results and provided to other users with similar questions to achieve the effect of knowledge sharing. To put it bluntly, this is the power to mobilize the masses, Users are both users and creators of content, forming a virtuous positive cycle, which is perfect. "

"Whether it was the previous [post it] or the current [know], the accumulated knowledge data can be reflected in the search results, and then the interaction of users and cloud song search to achieve the search engine community." Another participant The senior executives could n’t help but said with emotion: “In the end, Luo Sheng is the originator of social sharing and web2.0. Yunge Search combines these related products, and the user experience is really commendable.”

Uh ...