Chapter 1711 Sit and Wait for the Money to Be Collected
"High salary, only recruiting Harvard teachers and students, and automatically leaving after half a year of graduation. Qin Feng pondered.
"That way, we can have a good relationship with Harvard, especially in terms of paying taxes, a lot less. Dimon smiled, "It's a good thing." However, there is a disadvantage to this, once the company leaves frequently, the company's employees are replaced too quickly, which can easily lead to internal instability. In addition to that, there is also the fact that you can't restrict employees who leave from working for other companies. ”
"Therefore, my company's products are required to have absolute leading functions!" Qin Feng said.
"Not bad!" Dimon nodded, "But in the past two days, I have investigated all the more than 30 social software that have appeared in the world in the past, and it has one uniqueness, that is, any region, social software has uniqueness. For users, unless the social software they are using now has limited functions and cannot meet their needs. Otherwise, users will never easily change the software. ”
Qin Feng nodded.
"THERE'S NO OTHER SOCIAL APP LIKE FACEBOOK THESE DAYS. So, that's our strength. If we use a hiring system (for Harvard faculty and students), as long as we can maintain our advantage, we don't have to worry about being overtaken. And, to be able to enjoy the benefits of being a Harvard campus corporation!" Dimon said.
"When it comes to software, I'm confident. Other than that, are there any other questions?" Lin Feng asked.
"The only thing is that we're going to burn money before we make a profit. "I can't calculate the exact cost yet." I need to learn more about this later before I can evaluate it. However, at least $4-500 million is needed!"
1-200 million dollars, very little, not much.
Especially in high-tech companies, it is very powerful to burn money.
Dimon doesn't want to fail, so be sure to prepare in advance.
4-500 million US dollars! Qin Feng frowned slightly.
Although it is said that the arrival of this stock market crash is an opportunity to make money. However, this crash was mainly for the Nasdaq and was the bursting of the bubble in technology stocks. How much can be earned, Qin Feng did not count.
4-500 million US dollars, Qin Feng is not sure.
And if it is a loan, it is better to bring in external funds. That's a little more reliable.
But no matter what, Qin Feng doesn't want to be shared anymore when it comes to making money.
Previously, it was to avoid future troubles from the U.S. Department of Commerce. That's why Britney and Giselle were introduced. Of course, this is also due to the fact that both of them are big beauties, Britney is her own person, Giselle, and Qin Feng are ambitious. So, tie it up first.
Otherwise, Qin Feng would not have distributed the equity.
"No problem. Qin Feng nodded and said, "I can take out 100 million US dollars this year, and I can take out the rest tomorrow." ”
Anyway, let's say yes first.
As for the rest, we'll talk about it then.
"If that's the case, then I'll issue a detailed financing agreement. Redistribution of equity. Dimon said.
Qin Feng nodded.
At that time, his equity will remain unchanged, and he will just add what Gisele has diluted to Britney.
"Then it's time for me to get paid. Dimon said, "Boss, I've been through the previous situation, and I'll give you two choices. ”
"Tell me about it!" Qin Feng said.
"First, I want 15 percent of the shares!" Dimon said, "15 percent of the original shares, as compensation for my joining the company." As for the salary, before going public, I don't want a salary. After listing, my remuneration will be allocated according to the group's profits. Here's my pay class table. ”
As he spoke, Dimon handed Qin Feng a salary class chart.
It details Dimon's future salary. When the company operates to what level, how much profit, there is a detailed salary division.
To put it simply, the more Dimon helps the company earn, the higher the salary. However, there is an upper limit.
The cap is $100 million.
Of course, this is all after helping the company make tens of billions of profits every year.
Qin Feng nodded.
"Second, I don't want 15 percent of the shares, but I want the right to execute!" Dimon said, "I only need 5 percent of the shares, but I have to say the operation of the company." No one can take my place. As long as the company is still profitable, neither you, nor the entire board of directors, has the right to fire me. I have to be the CEO of the company. ”
In this regard, it is to ensure that you are in the right to lead.
Compared to the previous one, this stake is less, but it has absolute management rights.
The last one, although he has a 15% stake, does not mean that he can have the final say. Qin Feng can still knock it out with three strikes.
"Moreover, my salary, in the same way, before going public, I don't want any compensation, after going public, I only need one thousandth of the company's profits as my salary. Dimon said.
One thousandth as a salary. That is, if the company can make 10 billion, then its compensation is 10 million dollars.
Compared to the contract just now, this salary is much less.
In the first contract, as long as the profit exceeds 10 billion, its salary will reach 100 million. Of course, this is also very reasonable. On Wall Street, if one person can help the company earn tens of billions of dollars, then the salary will already exceed 100 million dollars.
Of course, the salary will not be so much, but the corresponding share dividend will be so much.
"So, are you asking me to choose a second contract?" Qin Feng looked strange.
"Yes, I don't want to be chased away again. No matter what the circumstances, I don't want to repeat the mistakes of the past!" Dimon nodded, "and I will invest the 5% in cash." At that time, I will invest in cash in my first financing!"
This once again shows that Dimon values the management of the company, and as for money, it once again expresses his indifference to fame and fortune.
This condition, so to speak, would have stunned any company on Wall Street.
It's a great deal. Will not hesitate to sign a contract with Dimon.
"Then the second one. "Qin Feng is not ambiguous at this time.
"Then that's all we have to do for today. I'm going back to sleep now. In three days, I will have my first board meeting. When the time comes, I want you, and the other two shareholders to be there. Because this time, there will be a redistribution of shares. In addition, we will introduce you to the relevant executives of the company. Dimon said.
"I see. Then say so!" Qin Feng grinned, "It seems that I can be a hands-off shopkeeper in the future!"
Dimon smiled.
If so, it couldn't be better.
He is the first person to be the king of Wall Street, but his ability is much more than just a vice president, he can be the best president, the most capable president.
Therefore, he never wanted to put a shackle on his head.
Qin Feng is the chairman, so the best choice is to sit and wait for the money to be collected. And it is better not to meddle in the management of the company lightly.