Chapter 483: People Go High
"I'm convinced! Fei is really ...... How bold are the masters!"
Cai Congxin shook his head and smiled bitterly and stretched out his thumb.
"That'...... Isn't Mr. Cai moved?Come and do something big with me!" Yu Wenfei leaned forward and stared at Cai Congxin's eyes and said.
By now, Cai Congxin has to admit that he is a little moved.
That night, after receiving a call from a headhunter, he told his wife that he might have to live in a different place.
That's just a possibility, he didn't decide to go to Facebook, and he couldn't have decided so easily.
He is doing a good job in Ali, he has shares and status, and Ali's prospects look good, so why give up everything he already has and go to an unfamiliar company.
But Cai Congxin is Cai Congxin, just like he gave up his lucrative foreign investment banking job a few years ago and resolutely came to Hangzhou to get Ali's 500 yuan salary.
Facebook and Yu Wenfei's "legend" attracted him, and he faintly felt that after he met Yu Wenfei, he might change his life again, so he said that to his wife.
After Facebook is about to get a huge amount of venture capital, and Yuwenfei promises future performance, it seems that the future of Facebook is much brighter than Alibaba.
From the chief financial officer of Alibaba, to the CEO of Facebook, this is indeed a good choice.
Well, there's only one problem......
"Mr. Fei, if I go to Facebook, what will I gain? Cai Congxin asked meaningfully.
For this question, Yu Wenfei was prepared, he turned his head and signaled, Hu Jingjing immediately took out a folder from the briefcase he was carrying and handed it to Cai Congxin.
What is in this, Cai Congxin can roughly guess, but I don't know what the specific conditions are.
He took out a tissue from his pocket and carefully wiped the table in front of him before placing the folder on the table and opening it.
This document is what Yuwenfei will pay to dig Cai Congxin, or a promise.
If Tsai Congxin goes to Facebook, then he will take the position of CEO, that is, CEO. The right to speak in the company is second only to the chairman of the board of directors, that is, Yu Wenfei.
He is in charge of all aspects of Facebook's work, and has the right to appoint, dismiss, and hire all positions below the level of vice president.
This is just a normal condition, and Cai Congxin is more concerned about other aspects.
For example......
Equity incentives!
In order to make up for the possible loss of equity due to Cai Congxin's resignation from Alibaba, Facebook will provide corresponding share incentives, you can get one percent of the shares in the first year of employment, and if you can successfully bring the company to the market and achieve the expected goals, you can get up to five percent of the shares!
As for the salary, Yu Wenfei is obviously not as stingy as Lao Ma, and directly offered a salary that is enough to match this position, with an annual salary of eight million!
This has exceeded Cai Congxin's salary level when he worked in investment banks before, and it is definitely the first tier among professional managers in China.
Finally, there is a very intimate supplementary clause, if Cai Congxin's already held Ali shares are more difficult to handle, then Yu Wenfei can personally pay to buy his shares, and the valuation will be calculated according to the current valuation of Ali.
This is not taking advantage of Cai Congxin, the Internet winter has just passed, and many companies want to raise funds and transfer shares, and no one is willing to take over.
Even Ali was in the transition stage at that time, and it was not easy for Cai Congxin's shares to be sold at a good price.
............
After reading it, Cai Congxin closed the document and fell into thought.
He is in Alibaba, and now holds two percent of the shares, which is not low, you must know that Ali is a partner system, and there are 18 partners alone. In addition, it has already raised two rounds of financing, and SoftBank is already the earliest Goldman Sachs, and it also holds a large number of shares.
Two percent, among individual shareholders, that is, second only to Lao Ma, is the second largest individual shareholder.
According to the contract he signed with Alibaba, he will bring in investment in the future, and operate the company to the market, and he can get a part of the shares at each stage.
In fact, a secret that most people don't know, when Ali was listed, Cai Congxin had more shares in his hands than Lao Ma!
According to Alibaba's public information, Lao Ma holds 7.4% of the shares, and Cai Congxin's personal shares are 3.6%.
But few people know that there is a word called "STOCKPOOL", which is translated into Chinese as "equity concentration"!
The 7.4% shareholding in Lao Ma's hands is actually STOKPOOL, the "Eighteen Arhats" who originally started the business, and the shares held by those people are all attached to Lao Ma's name!
That's why Lao Ma has so many shares in his hands, but in fact, he doesn't own it alone.
If only personal shares are counted, Cai Congxin should surpass his.
Of course, that is also the equity incentive that Cai Congxin obtained after helping Ali pull a round of ** investment, and now he is sitting opposite Yu Wenfei, and his shares are not as many as Lao Ma's.
This is a very smart man, a man with extremely good skills, and likewise, a man full of ambition!
On the surface, he and Lao Ma are "close to each other" and work together to make Ali prosperous, but in private, the relationship between the two may not be as harmonious as outsiders see.
............
Cai Congxin raised his head and looked into Yu Wenfei's eyes, trying to find some answers from there.
Yu Wenfei looked at him calmly, smiling.
"I, accept Mr. Fei's invitation!" Cai Congxin said word by word.
The smile on Yu Wenfei's face became brighter, and he picked up the teacup, "Then, I wish us a happy cooperation!"
"Happy cooperation!" Cai Congxin also smiled, also picked up the teacup, and gently clinked glasses with Yu Wenfei.
Among smart people, there are some things that don't need to be picked out, they all understand.
The condition given by Yu Wenfei was not to say it to Cai Cong orally, but to give it to him in a very formal document, which already represents an attitude.
That is, I sincerely invite you.
However, the conditions are such that there is no room for bargaining!
Similarly, Cai Congxin understood Yu Wenfei's meaning and attitude, and after consideration, he thought he could accept it, so he didn't say any nonsense and directly stated his attitude.
This time is the second major decision in his life!
The first time was when I chose to go to Ali.
Cai Congxin believes that this choice will bring him a brighter future.
At heart, he is also an adventurous person......
............
"What! You're quitting! Are you crazy!"
At Ali's headquarters, Lao Ma looked at the polite man in front of him with a shocked face.
"Yes, Mr. Ma, after careful consideration, I made a difficult decision. It was definitely not an easy decision for me, but I had to do it again because I am a person who always likes to challenge higher difficulties and yearn for a bigger stage. Mr. Fei of Facebook, invited me to be the CEO of Facebook. ”
Cai Congxin said frankly and did not hide it.
He has signed a non-compete agreement, but he is a legal expert himself, so how can he impose too many restrictions on himself on that kind of clause.
Therefore, his non-compete agreement is limited to the e-commerce industry, and the agreement stipulates that if he leaves Alibaba halfway, he will not be allowed to engage in the e-commerce industry for two years.
It just so happens that Facebook, including Facebook's parent company, Star Technology, has nothing to do with e-commerce, and naturally will not trigger the non-compete clause.
"That'...... Then you're gone, what should Ali do?"
The old horse, who has always been confident, is a little panicked, Cai Congxin is really too important to Ali!
"Mr. Ma, now that Ali is on the right track, the company's foundation has been laid, I am gone, you can also hire a professional enough CFO, it will not have much impact. Cai Congxin said calmly.
"Don't you want your equity incentives? Mr. Cai, you don't want to think about it seriously, my old horse is not thin on you. Mr. Ma persuaded bitterly.
"Mr. Ma, I've known each other for so long, and you know my character, and I will definitely make up my mind to do what I recognize. Just like when I left IAB and joined Alibaba. Even if I go to Facebook, we are all in the same circle, and maybe there will be a time to help each other in the future. Cai Congxin smiled.
Seeing that he had made up his mind, the old horse sighed and shook his head helplessly.
He knew in his heart that compared to Facebook, Ali was not enough to watch now.
The current Ali is not the A in the BAT more than ten years later, not to mention the world, just in China, a large number of websites seem to be much better than Ali.
What Sina, Sohu, NetEase, China.com, Yahoo China, Tencent, Shanda, etc., etc......
If you take any one out, you will be better than Ali.
Facebook is a domestic Internet upstart, in just half a year, it has been among the first echelon, and Sina is all about you and me.
It is said that the company's valuation is billions of dollars, which makes Lao Ma envious.
People go to high places, water flows to low places, and now Cai Congxin has a better opportunity, compared with the CEO of Facebook, and Ali's CFO, which one is better, fools know how to choose.
What's more, since the CEO position has been given over there, the corresponding equity incentives must also be indispensable!
When Ali will be able to go public, there is still a long way to go.
But Facebook, if this speed of development is maintained, the listing is really not far away.
Maybe next year, the year after next at the latest, it will be able to go public in the United States.
If he were Cai Congxin, he might have made the same choice......
Thinking of this, the old horse was also calm, he couldn't stay when he should go, so let it be.
"Okay, Mr. Cai, I wish you all the best! When you are free, come back often. ”
He stood up and stretched out his palm, smiling.
Cai Congxin also calmly stretched out his right hand, and the two hands were tightly clasped together.