Chapter 2004 Trust Funds
Melissa is a little incredulous, this 3G has not yet been popularized, and 4G is about to come out?
It's too fast.
Qin Feng shrugged.
"3G has been developed for so long, and it has not been popularized because the device does not support it. And now, once the device supports it, it is bound to spread quickly. And if you can support 3G signal, you will definitely be able to support 4G signal soon. At that time, in order to distance itself, it will inevitably be implemented quickly. Qin Feng said.
At this time, Melissa also reacted.
"Then it's a pit. Deliberately tricked me!" Melissa was a little annoyed.
Qin Feng shrugged.
That's for sure.
It still costs a lot of money to build a 3G signal tower. Although, for the three major operators in the United States, this is not a lot of money.
But if you can save it, someone will be wronged, so why not do it.
At that point, their profit statements will look better and their bonuses will be higher.
At this point, why not.
"These bastards!" Melissa indignant.
"That's not signed. Melissa pouted.
"I thought I could sign a contract. Qin Feng said.
"Ahh
This said that it was Qin Feng who quickly popularized 3G signals, and now he has to sign a contract again?
When you are wronged, do you give people a pit?
Not so silly.
That's stupid, isn't it?
"But the contract has to be changed slightly, and we want this signal tower. Qin Feng said.
"What do you mean?" Melissa asked.
"Sooner or later, it's going to have to be a signal tower. It can't be done without a tower. Qin Feng said, "That's for sure. In the future, whether it is 3G or 4G, cell towers will inevitably be needed. Let's fix the key points of the signal tower first. Occupy the main road. When the time comes, they will popularize it, that's okay, give money!"
Melissa immediately understood what Qin Feng meant.
Although it is said that the signal tower can be repaired anywhere, in the city, it is not that you can build it wherever you want. Because it involves a question of whether the owner agrees or not.
Of course, most of the time, it's on the rooftop.
However, if the roof of the building is already there, and you come to repair it, theoretically as long as the owner agrees, you can still do it.
However, there may be problems with each other.
Once there is interference, then everyone has a poor signal.
At that time, it will naturally be a situation where users pay money but do not get services.
At that point, the user will in turn complain about the operator.
Then the operator will have a lot of fun.
Naturally, when the time comes, he will inevitably come over to negotiate with Qin Feng.
As long as you negotiate, you will have the money to take.
"I see!" Melissa's eyes lit up, "I know what to do!"
Qin Feng grinned.
However, this also gave Qin Feng a wake-up call.
After that, we have to do everything we can to develop 5G.
And early.
However, it takes money.
"Boss, you'll still have to pay for it!" said Melissa.
Qin Feng nodded.
"I'll still give you 500 million. You've snatched the towers of major U.S. cities. It must be the key point. Because the density of 4G towers is a bit denser than that of 3G. So, we need to preempt some key points. When they don't agree, we use it as our WiFi tower, causing mutual interference. Qin Feng reminded.
Melissa nodded.
Of course, there may be some legal issues involved. However, as long as you consult with a lawyer in advance and determine the relevant laws, then the follow-up will be easier to say.
If you have a lawyer to lay the foundation in advance, you will naturally not be afraid of it later.
"Alright, let's go. Qin Feng waved his hand.
"Boss, then I won't send you. Melissa waved her hand and went straight into the company.
Qin Feng pursed his lips.
Qin Feng was also resolute. The next day, the money was transferred to the company's account.
Of course, this also gave Dimon a headache.
Qin Feng kept injecting capital, but the company couldn't let the equity completely belong to Qin Feng, which was a real headache.
In terms of Qin Feng's capital injection, it can be said that most of the company's equity basically belongs to Qin Feng.
But Qin Feng was worried that the U.S. Department of Commerce would make trouble in the future, so he had to let most of the equity belong to Britney. You can't surpass Britney, you can't become a major shareholder.
How is this equity structured?
Although it can be attributed to Britney, Dimon still has to think about it, what if Britney doesn't trust Qin Feng so much in the future, and wants to take away the equity?
That's trouble.
Although it is said that the relationship between the two parties is now that of master and apprentice, Britney is also very dependent on Qin Feng, and Qin Feng also trusts her.
The problem, however, is that some things change over time.
Once Britney was bewitched by the outside world in the future, she turned back.
Then the situation is troublesome.
It's not impossible.
Once it happens, the consequences are unimaginable.
Everything now will make wedding dresses for others.
In this case, Dimon had to take into account.
How to make equity more stable.
Eventually, Dimon set up a model for trust funding.
Dimon found an American trust and put the money into the trust in Britney's name. SUB-AUTHORIZE THE TRUST FUND TO INVEST IN FACEBOOK, AND SPECIFY THAT THE VOTING RIGHTS ARE OBTAINED BY QIN FENG.
At the same time, it is determined that the principal will not be withdrawn in the future, and no shares held by it will be sold under any circumstances. Of course, if the normal business development of the company, equity dilution, that can be carried out reasonably.
However, the equity held by the trust fund cannot be actively reduced, and will always be held. The annual profit dividends and the like will be distributed to Britney Spears by the trust fund.
The result of this operation is that no matter what happens in the future, the equity invested in exchange for the $500 million will always be in the trust fund, which is protected by law.
No matter what happens, such as Britney Spears going bankrupt, even if hundreds of billions of dollars are owed outside, creditors will not have the right to use the equity in the $500 million. Debts can only be paid through the dividends that Britney Spears receives each year.
At the same time, even if Britney herself wants to change her equity, or resell her equity, it is useless.
Because it's a contract. When you sign, you determine the shareholding interest. Then, it will always be protected by U.S. law. Unless the U.S. government collapses.
At the same time, Qin Feng's status was also determined.
No matter how it changes, even if Britney stands on the opposite side of Qin Feng in the future, Britney can get equity dividends at most, but she can't interfere with the voting of equity. This right to vote is in Qin Feng's hands.
Qin Feng can decide the direction of the company. Even if Britney is really going bankrupt, then Qin Feng can completely adopt the method of not paying dividends, so that Britney's creditors can't get a penny.
That's the benefit of trust fund delegations.
This is also the way that many large families have always adopted to protect the rights and interests of their children in the future.