Global Monopoly of Technology

Chapter 9 [Pull Investment]

Before Luo Sheng set off, he spent a sum of money to buy a suit and leather shoes, and the changed look looked like a proper little fresh meat in the workplace.

Luo Sheng, who was born in 1985, is 19 years old this year. No matter how you look at it, he looks a bit immature.

And this trip made Luo Sheng encounter difficulties for the first time since 2003, and this time his investment trip became a trip to the wall.

Just when he went out to find a VC, in an apartment in another place, the shopping website Duobao was in full swing, and it was expected to be launched in three months.

Boss Ma, the founder of Alibaba, is also seeking private equity financing. The general environment is not good, and the cold winter of the bursting of the Internet bubble does not seem to show any signs of recovery. It is not easy to attract investment.

In the next half month or so, Luo Sheng started from Shencheng, flew north, and then flew south again and again.

It took a lot of effort to go to the capital and finally met Mr. Zhang, the founder of Souu, seeking angel round financing. Mr. Zhang learned of his intention, and he refused before he finished speaking, and threw a hurtful word: You are this thing , I can find a few college students who can do it better than you in less than a month. In the current industry environment, what do you use to compete with Tengxun QQ? no future!

Luo Sheng wanted to tell him that he actually made it in less than half a day!

But it didn't say it.

After being rejected, Luo Sheng found Lianxiang again. He didn't meet the founder of the company, but he also met an executive of the company. When he heard that the young man was here for investment, he said a word. He pushed Luo Sheng back:

[At this age, you should go to college first. The social network model you mentioned cannot be successful, and the reason is very simple, because there is no such model in the United States, and this one is enough. ]

There is no such Internet social model in the United States, no!

This is the sentence Luo Sheng has heard the most. At least ten investors used this sentence to reject him.

With the capital hitting the wall one after another, Luo Sheng had to leave after staying for seven or eight days. Instead, he flew to Guangdong Province and found Rebs on the first trip.

Luo Sheng was fortunate enough to successfully meet Mr. Lei, the busy man, and paid the price for three days, only to receive a tragic rejection.

And when Luo Sheng left, Mr. Lei joked with the people around him: "This young man and Ma Dian are really two extremes, one is roe-headed and the other is handsome and handsome, but they all have one thing in common, that is, the master who likes to run the train with his mouth full. , The project mentioned is bigger than the sky, and it will connect all human beings at every turn. No matter how young you look, you are all here to cheat money."

...

Day 17 away from Shencheng.

At this moment, in the afternoon local time, Luo Sheng, dressed in a suit and leather shoes, carried a briefcase in one hand, which contained several thousand dollars in cash and the development plan of the BlueSpace website.

The other hand holds a half-drinked bottle of mineral water.

During these 17 days, he met 32 ​​investors, including the big names in the industry in the future.

But after meeting so many people, the BlueSpace website development plan in his briefcase never showed to investors once.

Because there was no chance at all, and the investors I saw were extremely strong, Luo Sheng was denied without saying a word.

After personal experience, he can finally understand the feeling of being rejected by Boss Ma, because more than half of the 32 investors he saw had also met when Boss Ma was making investments.

Let's talk about Mr. Lei, Luo Sheng felt that he should not make a second mistake, but Mr. Lei's operation almost made Luo Sheng's waist slip.

After drinking the remaining half bottle of mineral water, Luo Sheng glanced around the street with the empty bottle, and found a trash can and threw it away.

Five minutes later, he was standing under Tengxun's current corporate headquarters building. Of course, Tengxun didn't have its own independent headquarters yet. Luo Sheng hesitated whether to try it out and see if he could meet Brother Ma. .

After thinking about it for a while, he made a decision and immediately walked forward.

Go to the airport and go back to Shencheng.

Luo Sheng gave up going to see Boss Penguin, because he remembered that Brother Ma also rejected the founder of Ali, and he had also approached him for financing, but in the end it was not possible, it is said.

Brother Xiao Ma had the opportunity to invest 15% at the time, but on the one hand, he was not optimistic about Boss Ma's project, and on the other hand, he felt that the proportion was too small and wanted 50%.

...

Shencheng, Bluestar Technology Studio.

"Yo, I'm back, did you get any investment?"

When Xu Yong saw Luo Sheng coming back, he threw his bag and suit aside, and sat down on the old sofa in the living room without love. Seeing that he already knew what the result was, Xu Yong laughed and said, "Look at this situation, Angel. I didn’t get the investment, and I lost my travel expenses. What a terrible word, I’m thankful that I didn’t get infected with SARS…”

"You are really inspiring." Luo Sheng helplessly rolled his eyes at him, then stared blankly at the ceiling. This time he went out to invest, he didn't look for overseas capital, but in the current situation, I'm afraid that he will run away from the boss. the old way.

Luo Sheng was already thinking about it.

At this time, where did Xu Yong come with two bottles of beer, he sat next to him, and said with a smile, "Tell me the story of your trip, I have wine."

Luo Sheng took a bottle, took a sip, and sighed, saying: "It's the limitation of the times to say it nicely, but to say it badly, say... Forget it, this is life, yes My life, and also the life of the thirty or so investors I have met, has perfectly missed a technology giant with a market value of hundreds of billions of dollars in the future."

Hearing his last sentence, Xu Yong was almost choked, and immediately said: "The market value of hundreds of billions of dollars? Do you think of yourself as Bill Gates? No wonder you can't attract investment..."

Luo Sheng smiled and said: "It's not that there is no gain, this trip is still necessary, why? Next time, we will know that these people can be eliminated, so as not to waste time, we still have some money, if we need money urgently If you encounter all the rejections, you will have to die, by the way, how much money is left?"

Xu Yong: "There are still 220,000 yuan."

On the way back, Luo Sheng also thought about the reasons for the failure. It cannot be entirely blamed on investors for lack of insight. He also has some problems. If the website develops well and the small fame can even be noticed by the industry, it may not appear. More than 30 investors have refused.

After returning to Shencheng, Luo Sheng began to focus on the development of BlueSpace itself.

...

A month passed before I knew it, and it turned out that Luo Sheng was right. In the next month, the B community became more and more popular on campus.

The Internet and capital circles have finally attracted attention, and they have even spread across the ocean to Silicon Valley.

Nowadays, the topic is even more than QQ. In universities that have been able to use the B community, most of the students on campus are chatting with the B community, looking for new friends on it, and so on.

People want to sign up like crazy, and in this month, Luo Sheng and the two of them have been in a state of constant bursting. The two of them have to let the B company launch on three or even four university campuses every day.

In just one month, the B community has been promoted from the original Fuda to more than 100 universities. Although it has only been launched in more than 100 schools, there are almost no college students in the whole country who have not heard of BlueSpace. In this popular social networking site, some college students even chatted about the topic of company B on QQ instant messaging.

But now QQ can only chat privately, because there is no such thing as a QQ group.

As early as March 7th, after the B community was launched at Jiaotong University that day, within a day, 70% of the students registered for the B community account, and the development speed can be said to be unparalleled.

Now, even the current social giant QQ has been taken aback, and the entire Internet and investment circles are looking at it.

The overall scale is not large, but the growth momentum is quite bright.

This represents potential.

It is no exaggeration to say that BlueSpace, a social networking site, has been the most dazzling new site ever since the dot-com bubble burst.

...

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