It can be said that this feeling of betrayal is what Chu Yuanxi fears the most in this transaction, he is afraid that the Ba people will lose their fans. If the player recharged while scolding his mother before, it was time to celebrate with flowers, and Chu Yuanxi didn't have to be afraid, which has to be said to be a kind of irony.

The result is okay, there is indeed some powder loss, but it is still within the range of bearability, in particular, most of the fans are ready to be sold......

This doesn't have to be too distressing.

In addition, there are a number of commentator articles that objectively analyze the conditions of the transaction, the price, and the purpose of both parties, and the conclusion is - win-win.

Then, in the boiling seed, Chu Yuanxi was stunned and received a call from the high school head teacher, which he hadn't contacted for many years.

It is said that Chu Yuanxi is also a new nouveau riche on the Internet, but he has always used the account of Ba Ren Entertainment to speak out, and he does not use his own real-name account, so he does not interfere too much in reality, and he feels like he is separated by a veil. So much so that there are still some college classmates who run over to chat as long as they see him showing up, and there is much less contact in the circle of primary and secondary schools, especially after he shows a certain degree of indifference.

What's more strange is that when he was not developed in the past, in the circle of university alumni, he couldn't say that he was not enthusiastic, and he was quite active in participating in various activities, but the reviews have always been very average, and there is no sense of existence. Far inferior to the class president, the student union member, and even worse than all kinds of academic tyrants, whether they are studying abroad, or looking for a job to join a large company, they are the people of the hour.

But now after deliberately keeping a distance, the wind reviews continue to go up, and I can often see some people in some groups casually mentioning the highlights of their past school days, some of which he has forgotten, and some of them are not highlights at all.

You must know that in order to deliberately maintain a sense of distance, he even did not respond to some requests for borrowing money, as long as it was not the violent death of his parents. As a result, the reviews have become better and have a strong sense of existence, why is this? You don't need me at all, it's all in vain! So much so that he feels that the WeChat group of his university is more lively than other groups.

Fortunately, this is not the case in the primary and secondary school circles. At this time, I looked at the caller ID, Mr. Sun?

Fortunately, the phone has never been lost, otherwise it would have to be regarded as a strange call. And now in this society, the unity that I don't know how to call it when we meet is called a teacher, this crooked atmosphere makes Chu Yuanxi look at the "Teacher Sun" displayed on the screen, and think for a while before remembering who it can only be.

As a result, as soon as the phone called, Chu Yuanxi was pleasantly surprised to find that he was not here to turn his fate. He breathed a sigh of relief, not to donate money to his alma mater, so as to avoid embarrassment.

"Can you make a report? I'm barely okay with that. Are you sure you're just making a report? You're not going to fool me? Hahahaha, look at what you said. There is no way, no way, the revolution has not yet succeeded. Ah yes, I'm in a meeting, don't worry, I'm definitely going. ”

In fact, Chu Yuanxi, the well-off president of the original world, has also received various similar invitations, most of which are industry forums or cross-border forums, and a few are from alma maters at all levels. However, although the well-off in the original world has accumulated a larger volume, its social influence is not so great, and there are no mergers and acquisitions of more than 10 billion yuan, nor is it calling for wind and rain on Weibo and WeChat.

Only his own community social networking is quite bright and bright, but it is mainly for users to carnival, and Chu Yuanxi basically does not use his own name to make a sound. Therefore, the invitation in the industry is not very strong, but the social activities are not so strong, as an alumnus celebrity is asked to donate a lot of times, but not many people ask him to give lectures.

At this time, Chu Yuanxi had just summoned all the employees of the Ba Ren Game into a large conference room. The space is not enough, all the stools are moved away, leaving a large empty space in the middle, and there is no need to sit, all of them are standing, crowding people one by one, and Chu Yuanxi is surrounded in the middle.

Everyone was waiting for him to speak, but he was interrupted by the phone just about to start, so he had to watch the president smile like a sand sculpture while making a call.

In the end, I only heard Chu Yuanxi say: "Then let's talk about it, I'll talk when I go, and I'll leave when I'm done, there is no other entertainment, and I don't eat dinner." It's not a big shelf, hey, Mr. Sun, I'm really full of respect for you and full of affection for the school, don't you always ask us to be serious? I'll tell you that I hated procrastination when I was in school, and if I were a teacher, I would definitely leave class as soon as the bell rang. Okay, then let's say so. ”

Saying that, Chu Yuanxi put down the phone, and said in his heart that this thing is not necessarily good, high school, after all, it is very long, even if he went back to visit the teacher during the period, he still feels that his memory has been blurred. The main reason is that there are three class teachers in three years of high school, each of whom only teaches for one year, and his high school career is extremely boring, neither spending the moon nor participating in various hero gatherings, every day is a five-year college entrance examination and three years of simulation, so some of the time that should have left a good memory was missed.

However, this kind of thing will not be less in the future, and when the well-off grows up next year, you need to participate in various zhuangbility conferences, even if it is low-key as pony, this type of itinerary is inevitable.

"Let's move on to ours. Chu Yuanxi turned around and prepared to speak. Seeing that his brothers were all looking forward to himself, he said in his heart that it was a good thing not to be false and not to be false.

"Brothers, I apologize to you first. I don't sell that much for the Ba people's games, and the 80 billion or something that is rumored to be in the outside world is all nonsense. I can't say the exact number now, and you shouldn't ask, but it's far lower than that. And 80 billion is purely stupid, it is impossible not to go public, but if it is listed, it will be a little less, not up or down, and the person who made this valuation is very layman. ”

There was an awkward laugh below, and no one wanted to hear the value analysis on this occasion now.

"And then today is to explain, before the company, oh no, mainly I patted my head and verbally promised the brothers, once the Ba Ren game was acquired by the gold owner's father, I would give the brothers the option in advance. Today, I gathered everyone here for this matter, to study how many options to cash out in advance. ”

"Wow-"

Then there was a buzz below.

In fact, when they were called to a meeting, many people had a hunch that if there were no moths, they wouldn't have to convene a meeting with all the employees of the game company. But Chu Yuanxi said it so generously, and the children's shoes below had to listen to it.

Chu Yuanxi began to make a tirade: "Let's talk about the conclusion first, let's talk about the conclusion first, except for Zhao Jie, half of the group's options are cashed out in advance for everyone, and the other half is converted into options for the Ba Ren game, and then exercised when it comes to Ali, and the exercise period will be restored to five years." This is an option, you can also choose not to transfer, but if you don't transfer, you won't cash out in advance.

Some children's shoes may not understand the routines and rules here, so I'll explain it again. First of all, the option is cashed into equity in batches according to the year, generally the company is five years, 20% per year, or there is another one, the service to the fifth year of one-time cash as equity, the middle does not transfer.

If you leave your job halfway through, then what has been cashed out still belongs to you, and what has not been cashed out will fly. We originally cashed in batches, so this time it is called early cash, because even if you cash out half, you must not have reached the time limit, and basically you can only cash out 20%.

Secondly, and more importantly, even if the part that has been cashed out as equity, it cannot be realized, let alone traded privately, you can only eat dividends, or the company allows you to cash out a part of it at a special node. These are all written in the contracts that you have signed, which is the 8-page contract that you are required to sign on every page. We are fully shareholded, after the probationary period, if the performance is not particularly bad, basically there are, some brothers have signed a few times, and they haven't lost it, right?

So where are these equities and options listed? Listed in a shareholding platform, this platform is registered as a limited partnership, and all operations are operated by partnerships. This time, because of the merger and acquisition of Ba Ren Games, in fact, no matter what you choose, it is very cost-effective.

If you choose not to transfer, then you have already left the Baren Group, and according to the original rules, the group should retain your equity and clear your options. But this time we are in a special situation, the options are not clear, and you will still be converted into equity on a yearly basis until five years. Then you can always eat dividends, and you can also cash out a part of the opportunity, the possibility of this opportunity is extremely low, if it appears, the company will send you an email no matter where you go.

If you choose to transfer, then 50% of the direct transfer option is equity, and then the company buys back, and the valuation of the repurchase is definitely higher than the price of the Ba Ren game transaction, giving you a valuable opportunity to realize. It's very precious, I don't have this opportunity, I have a lot of equity, but I have no reason to ask the company to buy back my shares so that I can clear my position and enjoy financial freedom, I can only eat dividends.

The other 50%, the group exchanged shares with you, and you originally took the group's options, but now you convert them according to the valuation of the Baren Group and the merger and acquisition price of the Baren game.

After the operation, the company will take back your options and re-inject them into the option pool, and you will take the options of the game. After merging into Lingxi in this way, you still have to work hard and continue to create value for the company, because the redemption of the option becomes the realization of Lingxi for you.

As for the opportunity to monetize, I would say that it is actually better, because I guess, it may operate the Ba Ren game listing, or operate the Lingxi listing. Swap the equity of the Ba people again and replace it with the equity of Lingxi, and optimistically estimate that it will be at least double when the time comes. ”

Sprinkle a lot of chase, in fact, it means to change it quickly...... Chu Yuanxi was very single, and after finishing speaking, he glanced at it and found that many children's shoes had different expressions, so he continued: "Do you have any questions?" If not, I'll explain two more sentences, self-justification. ”

Some old programs who have worked with Chu Yuanxi for many years knew that he was going to work again as soon as they heard this!

I only heard Chu Yuanxi say: "Why defend yourself, because I know that the brothers didn't get the most cost-effective way." The so-called most cost-effective is that the Pakistani people have cashed out all the options to everyone, at least cashing them into equity, even if they don't cash out, it's good to eat interest. And then I went to Lingxi, and Lingxi had to design a new incentive for everyone, so it would be cool, right? Take two copies at the same time.

But no, brothers, don't do it. People are not stupid, from my point of view, in fact, both plans are the same, at least at this moment, but they are different for Lingxi. Therefore, if you don't adjust it this way, people won't buy it, or ask for a price reduction, so that in the end, everyone's interests will be damaged.

Actually, for me, it doesn't matter if I sell or not, I don't have to sell it. Thanks to the joint efforts of everyone, this company is now a very high-quality asset.

However, it is precisely because it is too high-quality that there are not many gold owners who have the strength to win it. Selling it can give everyone a one-time opportunity to cash out, which I think is pretty good, similar to going public.

Some of you who came early last year have thousands of shares, and there are thousands of people who came late. Later, those who came in suffered a big loss, and they took all the post-financing options, but later they also specially sent you some more, and now there are basically more than one million.

Especially the colleagues who are newly transferred to be in charge of media accounts and short videos, you really earned, don't look at you at least, but, originally, you belong to the Ba people's information side, and you can only eat dividends. ”

The words were not enough, and sure enough, everyone became much calmer. There are a total of 12 million shares of Baren Group, and this round of valuation will be priced at around 40 billion if there is no accident, which is higher than the last repurchase of the shares of Modu Syndicate and Li Jingfei, and also higher than the transaction price of Baren Games.

In this way, those who take options according to the number of shares, the price of one share is more than 3,000, and those who hold 5,000 shares, even if half of them are realized, are more than 8 million.

The employee option pool of Baren Group was 12% at the beginning, and then it was divided into a lot, such as 1% for Yang Yuanmei, 1% for Uncle Sheng, and Zhou Minxi, Xue Ming, Zhao Jie, Yu Wenhui, etc. according to value, and then the employees were more or less a little. This is also the norm for startups, so this option pool is now valued at more than 4 billion, and a small half of it has been issued.

The number of employees accounts for more than half of the Baren Group, so the amount of money spent on this cash buyback is a shock to many companies. It is enough to acquire several start-up companies, and if there is no money owner father to pay, it is impossible to realize the employees regardless of the valuation of the Baren Group.

So Chu Yuanxi casually wrote down the different characteristics of the two options on the blackboard, this feature is so obvious that he believes that almost no one will choose not to change, and if he doesn't change, he can only eat dividends, and not being able to realize it is the key.

Knocking on the blackboard, Chu Yuanxi said first: "The basic situation is like this, everyone think about it, and then send an email to the assistant to the president tomorrow, that is, Deng Shuang." If you don't send it, I'll default to your choice not to appear. ”

After Deng Shuang became the assistant to the president, this M&A transaction was a huge test for him, because there were too many miscellaneous places, and he had to participate in even business negotiations.

After speaking, he was about to leave, and suddenly thought of something, "Alas, actually, you look at those listed companies, employees watch the market every day, pondering when to sell the company's shares, looking at the excitement, it's not good at all, it's not as good as this kind of pleasure." You can talk to each other about it. ”

Leaving a room full of people chattering and discussing, Chu Yuanxi glanced at Yu Wenhui, who was waiting at the door. Yu Wenhui originally belonged to the Ba people game, but because he was transferred out by Chu Yuanxi, this realization has nothing to do with him.

But there is nothing to complain about, because Zhao Jie screamed, and was taken out by Chu Yuanxi in a daze, and told him that it was better to eat dividends.

So the question is, is it better to cash out or eat dividends? Yu Wenhui really wants to ask the president for advice.

He was waiting to confirm the new game company plan with Chu Yuanxi.

Entering another small conference room, I saw Chu Yuanxi slowly open the memo on his mobile phone first, and wrote down in it on the afternoon of Monday, October 28, go back to school to make a report, and then look at Yu Wenhui.

By this time, Angel had already rejected his invitation. After all, Anqi is not desperate, only to the road of Ba people to earn DKP can take the road of investors, he has mixed all these years and has some money in his hands, when he runs around the relationship to endorse various companies, he has also obtained some dry stocks and options, and has been the CEO of the fruit network, with some contacts and conditions.

So Chu Yuanxi can only bless him, and even once he really wants to recruit limited partners to set up an investment company, Ba Ren can also invest a little money to see, but the rebirth plan of the game company here currently has only two talents who can take on big responsibilities, Zhao Jie and Yu Wenhui.

Yu Wenhui has been in a state of snow hiding for several months. After Chu Yuanxi took "Enemy of Rome" out of the Ba Ren game, VR development did not stop, and the project team was collectively transferred to the direct subsidiary of the Ba Ren Group, and Yu Wenhui has always been in charge, and the current VR dedicated development environment has been built to half the extent.

The mobile game part of "Enemies of Rome" was really suspended, the version and code were sealed, and the personnel stayed in the Ba Ren game to do the mini-game for a few months.

The current situation is that these employees must not be able to continue to stay in Ba Ren, and they must transfer the relationship with the merger and acquisition, and before leaving, Chu Yuanxi needs to clear the reward according to the prior agreement, and some of the options obtained by Zhao Jie in the mini game plan are also handled in the same way, but the previous options still follow the old process.

Therefore, although the M&A process has not yet been completed, the handover of the mothballed version must start in advance, otherwise after the restart of the "Enemies of Rome" project, the version and code of the mobile game part will be unusable.

Compared with the code, what makes Chu Yuanxi even more headache is the handover of the planning case, because the planning of the Ba Ren game also has to follow the past.

For programmers, taking someone else's code is torture, and it is better to rewrite it, and the same is true for planning. Although planning generally has no status in the game industry, just like the literati, looking at other people's cases is also a very uncomfortable thing for planning. The execution of the plan is okay, there is not much that can be changed, but the system plan is not, different people have different understandings of the gameplay and values, and the cooperation with the program ape also has a significant impact.

()