Chapter 753 Equity Incentive List
In the final analysis, Facebook's valuation of $15 billion is still supported by Facebook's main business, and Facebook Entertainment has not contributed much to the company's valuation.
But it doesn't matter, the entertainment business will shine sooner or later, which Yu Wenfei is very confident about.
At that time, I am afraid that Facebook Entertainment will have to be spun off separately again, or even listed separately.
But don't worry now, Facebook Entertainment still has to rely on Facebook to give it continuous "blood transfusion", otherwise, where will the money come from every year to buy film and television copyrights in the future.
This kind of video website should belong to a heavy asset company, whether it is to buy film and television copyrights or produce their own film and television dramas, it requires a large amount of real money investment!
Therefore, when there is no copyright resolution in China, or when video websites are not yet "outlet", let's raise them under Facebook first.
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Once Facebook's valuation is determined, it will operate at $15 billion, and then the next step is to discuss the listing and issuance of shares.
At present, the total share capital of Facebook is 110 million shares, and a part of the shares will be issued for investors to buy when it is listed, that is, the market outstanding shares.
After the discussion of the shareholders, it was decided to issue another 40 million new shares, to make up the company's total share capital of 150 million shares, and the company's valuation is 15 billion US dollars, so the price per share is 150 US dollars!
For this price, some shareholders have raised objections.
Mr. Wang of Modu International Trust frowned and said, "One hundred and fifty US dollars per share, this is still the listing price, will it be too high." Everyone has speculated on stocks, and you should know that the lower the stock price, the more investors will buy. ”
Cai Congxin also nodded and echoed: "Yes, this stock price is really high, and I'm a little worried that it won't rise after listing." ”
This price is indeed not low, and the opening price of more than 100 US dollars is rare on the NASDAQ.
In comparison, the stock prices of NetEase, Sina, and Shanda, when they were listed, were priced at a few dollars or more than a dozen dollars, and they didn't dare to set it too high.
However, Xue Chunlai had a different opinion.
He said with a smile: "High prices also have the advantage of high prices, in the American securities market, the vast majority of institutional investors, when they buy stocks, they don't look at the stock price, only look at whether the company is worth the valuation." Moreover, if Facebook's stock price can continue to rise, there is still hope that it will become the most expensive stock, which is also a kind of publicity for the company. ”
Indeed, the securities markets in Europe and the United States are very different from those in China, and the vast majority of the domestic stock markets are retail investors, and leeks are stubble after stubble.
However, in Europe and the United States, ordinary people do not buy stocks by themselves, and they all hand over their money to professional institutions to take care of, so those who gamble in the stock market are professionals.
For professionals, they don't care about the price of the stock, the main thing they look at is whether the stock can continue to rise.
Representatives of Citibank agreed, saying that there was nothing wrong with pricing the shares.
Since the two most professional people have said so, Mr. Wang and Cai Congxin will no longer question it and start the last question.
That is how to distribute employee incentive shares, and which employees are eligible to get incentive shares!
This time, no one rushed to speak, and everyone looked at Yu Wenfei, because he was the major shareholder, the one who was most qualified to make the decision.
"Didn't you reserve 10 million shares before, and half of them will be given to employees in this listing. Yu Wenfei said without thinking.
This is not a big deal, although five million shares will be distributed to many people, which does not seem to be much.
But know that Facebook shares are priced at $150!
Five million shares is 750 million US dollars, which is enough to cover the total market value of many medium-sized companies, and now Yu Wenfei took it out and distributed it to the company's old employees with a light sentence.
It's very bold and generous.
"Five million shares? Yes, or Mr. Fei is generous, as soon as he makes a move, it is hundreds of millions of dollars, and those employees can enter Facebook and follow Mr. Fei, which is really their luck. Haha......" Mr. Wang laughed heartily.
"Then I want to thank Mr. Fei on behalf of the employees, after the news is announced, everyone will definitely be happy. Facebook is also about to become a millionaire per capita, a wealth machine!" Cai Congxin also said with a smile on his face.
It is a bit of an exaggeration to say that there are millionaires per capita, but after the implementation of this employee incentive plan, a large number of millionaires will definitely emerge on Facebook, and the number will never be less.
$750 million, that's 6 billion yuan, and Facebook now has more than 8,000 employees.
Of course, it is impossible for all of these 8,000 people to get equity incentives, because there are many interns among them, and these people will definitely not get equity incentives.
As for the backbone core employees, the number is about 3,000 at most, and these people are the real pillars of the company and the object of equity incentives!
3,000 people to divide 6 billion yuan, if it is evenly distributed, that one person is 2 million!
The emergence of thousands of millionaires in one company is indeed a bit exaggerated......
"Is the list drawn up, let's take it out and discuss it. Yu Wenfei turned his head to look at Cai Congxin and asked.
Now that Cai Congxin is the CEO of Facebook, who can be selected for the equity incentive plan, of course, he needs to hold a meeting with the current executives of Facebook, and come up with a list for the board members to discuss.
"It's ready, you can take a look at it, and if you have any different opinions, please put forward, and we will discuss it on the spot. ”
As he spoke, Cai Congxin took out a few documents and distributed them to shareholders, which was a list of employee equity incentives that he took out after discussing with Facebook executives.
Except for Yu Wenfei, a few other people just opened it and took a few casual glances, they didn't care about this.
Because the five million incentive shares have already been taken out, and they don't need to give them out, these shares were taken out of his personal shares by Yu Wenfei during the first two financings. So who is it assigned to now, and what does it have to do with them.
Yu Wenfei took a serious look at it, and the list that Cai Congxin took out was basically distributed according to the positions and levels of employees.
Because Facebook has a very complete employee grading system, employees are graded according to different positions, different educational qualifications, different contributions, etc. And all subsequent benefits are determined according to the level of the employee.
Of course, this equity incentive also mainly refers to the level of employees.
For example, when two employees are at the same level, but only one of them can be incentivized, it depends on the position of the two, and the manager has a certain advantage in this regard.