Chapter 009 [Pull Investment]
Before Luo Sheng set off, he spent a lot of money to buy a suit and leather formal outfit, and his body look like a pretty young man in the workplace.
Luo Sheng, born in 1985, is 19 years old this year. He looks a little immature no matter how you look at it. As the saying goes, he is not sure if he is hairless. Although he is dressed brightly, he is not reliable no matter how you look at it.
This trip made Luo Sheng encounter the first time since 2003 that everything went wrong. This time his investment journey became a journey of hitting a wall.
Just as he was looking for a VC, in an apartment in another place, the shopping website Dabao was preparing 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 overall environment is not good, and the cold winter of the bursting Internet bubble seems to have no signs of recovery. It is really not easy to attract investment.
In the next half month, Luo Sheng started from Shencheng, flew north, and then flew south, constantly.
After going to the capital for a lot of effort, I finally met Mr. Zhang, the founder of Sougu, who was looking for angel round financing. Mr. Zhang learned about his purpose and refused before he finished speaking. He also said a hurtful word: I will find a few college students who do this for less than one month, which is better than you. In the current industry environment, what are you using to compete with Tengxun QQ? There is no future!
Luo Sheng really wanted to tell him that it was done in less than a day!
But it didn't say it out loud.
After being rejected, Luo Sheng found Lianxiang Company again. He did not meet the founder of the company, but also met an executive of the company. When he heard that the young man was here to attract investment, he pushed Luo Sheng back in one sentence:
[At this age, you should first go to college. The social network model you mentioned cannot be successful. The reason is very simple, because this model has not been born in the United States, and this one alone is enough.]
There is no such Internet social model in the United States, it won’t work!
This is the most common sentence Luo Sheng heard. At least ten investors rejected him with this sentence.
With the capital hitting walls one after another, Luo Sheng stayed for seven or eight days and had to leave, and flew to Guangdong Province, and found Rebs on the first trip.
Luo Sheng was fortunate to meet Mr. Lei successfully, and paid three days' price for this, and reaped the result of being rejected.
When Luo Sheng left, Mr. Lei joked to the people around him: "This young man and Ma Yi are really two extremes. One is a deer-headed and a mouse-eyed person, and the other is handsome and handsome, but they all have one thing in common, which is that they like to run trains all over the place. The projects they say are bigger than the sky, and they always connect with all human beings. No matter how young they look, they are all here to cheat money."
...
The 17th day after leaving Shencheng.
At this moment, in the afternoon local time, Luo Sheng, wearing a suit and tie, was carrying a briefcase in one hand, containing thousands of dollars in cash and the development plan for the bluespae website.
And the other hand held a bottle of half-drink mineral water.
In the past seventeen days, he met 32 investors, including industry celebrities who will be well-known in the future.
But after seeing so many people, the blue space website development plan in his briefcase was never taken out for investors to show.
Because there was no chance at all, all the investors I saw were extremely strong, and Luo Sheng was denied without saying a few words.
After personally experiencing it, he finally understood Boss Ma’s feeling of being rejected back then, because more than half of the 32 investors he saw had seen Boss Ma when he was investing.
Let’s talk about Mr. Lei. Luo Sheng felt that he shouldn’t make a second mistake again, but Mr. Lei’s operation simply flashed Luo Sheng’s waist.
After drinking the remaining half bottle of mineral water, Luo Sheng took the empty bottle and glanced around the street, found the trash can and threw it away.
Five minutes later, he stood under Tengxun's current company headquarters building. Of course, Tengxun does not have his own independent headquarters yet. Luo Sheng hesitated whether to try it out and see if he could meet Brother Ma.
After thinking about it, I made a decision and then took a step forward.
Go to the airport and return to Shencheng.
Luo Sheng gave up meeting Penguin boss because he remembered that Brother Ma also rejected Ali's founder back then. He also asked him for financing, but in the end he did not agree. It is said that.
Brother Ma had the opportunity to invest 15%, but on the one hand he was not optimistic about Boss Ma's project, but on the other hand he felt that the proportion was too small and wanted 50%, so he naturally didn't get the agreement.
...
Shanghai, Bluestar Technology Studio.
"Oh, I'm back, have you been able to invest?"
When Xu Yong saw Luo Sheng coming back, he threw his bag aside and his suit. He sat down on the old sofa in the living room with no hope. Seeing that he already knew what the result was, Xu Yong joked and said, "From this situation, the angel investment has not been reached, and he also paid for the travel expenses. How could it be a word of miserable? It's a thank you for not being infected with sa..."
"You are really inspiring." Luo Sheng rolled his eyes helplessly, then looked at the ceiling blankly. This time he went out to attract investment, he did not look for overseas capital, but in this situation, he is afraid that he will follow the boss's old path.
Luo Sheng was already thinking about it.
At this time, Xu Yong had 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, "To put it nicely, it's the limitations of the times, to put it nicely, say... forget it, this is fate, my fate, and the lives of more than thirty investors I have seen. I missed a technology giant with a market value of hundreds of billions of dollars in the future."
After hearing his last words, Xu Yong almost got choked and immediately said: "The market value of hundreds of billions of dollars? Do you treat 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 very necessary. Why? Next time, we will know that these people can be eliminated so as not to waste time. We still have some money now. If we are in a hurry to use the money, we will be denied. By the way, how much is left?"
Xu Yong: "It still looks like 150,000 yuan."
On the way back, Luo Sheng also thought about the reasons for the failure. It cannot be blamed on investors who have no vision and have some problems themselves. If the website develops well, has a little reputation and can even be paid attention to by the industry, perhaps more than 30 investors will not refuse.
After returning to Shencheng, Luo Sheng began to focus on the development of the blue space itself.
...
A month passed without realizing it, and the facts proved 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 have even traveled across the ocean to Silicon Valley.
Nowadays, the topic is even higher than QQ. In universities that can already use B community, most of the students on campus are talking about B community, looking for new friends on it, etc.
People are crazy about registering, and during this month, Luo Sheng and the others are almost in a constant state of pain. They are going to let B Society launch it on three or even four university campuses every day.
In just one month, the B community has been promoted from the initial Restoration to more than 100 universities. Although it was only launched in more than 100 schools, almost no college student in the country has ever heard of Blue Space, a popular social networking website. Some college students even talk about B community topics on QQ instant messaging.
However, nowadays, QQ can only chat privately because there is no such thing as a QQ group.
As early as March 7th, after the launch of the B community at Jiaotong University that day, 70% of the students in school registered B community accounts, and the development speed was unmatched.
Now, even the current social giant QQ is shocked, and the entire Internet and investment circles are watching.
The overall scale is not large, but the growth momentum is quite impressive.
This represents potential.
It is no exaggeration to say that since the Internet bubble has penetrated, Blue Space is the social networking website that has been extremely eye-catching.
Chapter completed!