Chapter 136: Fair Trapping

Xue Ming was greatly moved, because Li Zhaokai never even mentioned this kind of thing, and he always "hoped that you would join the company after the holiday", like this.

"Then if you really dare to recruit me, you really dare to enter. Aren't you afraid that I will take a few days' salary for nothing, and say goodbye to you after the holiday? If I cheat on you, according to the labor law, this money will have to be paid. ”

"It's okay, I'll pay 10,000 yuan or 20,000 yuan, you are such a big bull don't care about reputation, what am I afraid of? Let's talk about salary and terms. ”

"What is the salary, Pengfei Ken gives me 95K per month, 13 salaries a year, and other bonuses. ”

"What about options?"

Xue Ming scratched his head, the matter of options was very embarrassing, because Li Zhaokai's current financing status was very embarrassing, and he didn't dare to issue options, and he could activate various terms that were unfavorable to Li Zhaokai at any time.

"Then let me talk about my conditions, the company is a self-media company, with an angel round of 10 million, and the current valuation of the A round given by Daxia Fund is 50 million, but I don't agree, if I agree, I can get it at any time. However, I am more ambitious, and the company's situation is also very good, so you have watched the video, I do think that our A round valuation should be at the level of one billion, and I am serious. ”

Xue Ming had to let out a polite but embarrassing laugh.

But Chu Yuanxi didn't feel embarrassed, he first briefly explained the development strategy of the self-media company, including the gameplay and expectations of "Out of the Mountain in Troubled Times", and then said after Xue Ming understood: "The financing terms I can accept in the future are basically like this: multiple VAM incentive conditions for one round of financing." ”

Xue Ming smiled self-deprecatingly: "I also have a little common sense about financing, after all, I also have the possibility of starting a business." ”

This means that Chu Yuanxi doesn't need to explain and try, but Chu Yuanxi still has to explain, because the terms that Chu Yuanxi envisioned will not appear under normal circumstances.

"Suppose the company's A round valuation is 1 billion, investors invest 200 million in cash, the par value of each share is one yuan, and a total of 1.2 billion shares after financing. Then when the average annual profit in the next three years reaches 400 million, 600 million, and 800 million, the company's share capital will automatically expand to 2.1 billion, 3 billion, and 3.9 billion, and the expanded shares will be used to motivate the company's shareholders before the A round of financing, which is called the original equity/option. In other words, when the VAM is completed, the investor will automatically dilute it. Of course, we can't complete the bet, and we also need to lose the investor's equity and options. ”

This clause is difficult for ordinary investors to sign, because it greatly squeezes the profit margin of investors. But Chu Yuanxi was confident that he would sign it.

"I ...... Damn! and so on. Xue Ming had to take out the calculator and press it again, he really hadn't seen this way.

"I'll talk about the specific amount when the time comes, I made up the number just now, but the logic is this logic. The maximum option I can commit to you is: $5,000,000 worth of original options, regardless of the total value of the original equity options at that time. In other words, if the valuation and financing are completed according to my assumption, and the incentive conditions are all completed, it will expand to about 30 million yuan in the future. ”

Xue Ming nodded solemnly, he understood, it seemed very fair and reasonable, and he was even likely to earn it. Because Chu Yuanxi is not talking about percentages, but directly about the amount.

To put it simply, the future valuation is floating, but the part given to Xue Ming is fixed. If Chu Yuanxi finally blows through the cowhide and fails to make a billion-level valuation, assuming that only 50 million completes the A round of valuation and financing, the 50 million miles will also have to give Xue Ming 5 million original options, if the total amount reserved for employee options is not so much, Chu Yuanxi will have to pay out of his own pocket to supplement Xue Ming, and Xue Ming will be guaranteed by drought and flood.

This gamble is very big, and it also shows Chu Yuanxi's incomparable confidence, Xue Ming finally understood that Chu Yuanxi's billion-dollar valuation plan was indeed not a joke!

"Then in the end, I will give you two options, the first is the same salary conditions as Pengfei, and then give you an option as a bonus, about 5 million after financing, not the original option, and it will not expand in Series A. Or 50k per month, 14 salaries, and 5 million original options. By the way, there are bonus bonuses for game projects. Of course, you know very well that no matter how you choose, options are incentive. For others, how many years of service you have, for you, not only must you have the number of years of service, but also depend on the degree of completion of the task. ”

"Can this task be quantified?"

"It's this AI mission system, nothing else. ”

"That means that once I complete this AI, I can lie on the credit book and wait for options? You are unreasonable!" Xue Ming's question was even greater.

"Why is it unreasonable? Do you play the game or not? Do you want to give a reward after completing a task in the game? However, it does not mean that a game has only one task, and the game is over after taking the reward. You are willing to lie down, but the company will continue to introduce a large number of new tasks, you take on new tasks, and you can get more option rewards after completing them......"

Xue Ming patted his head, "It's done! I want this!" It's not that Chu Yuanxi's conditions are generous, for how sought-after technicians of his level are in the era of artificial intelligence in full swing, he knows very well in his heart that even if Pengfei Technology fires 95k's monthly salary, it doesn't make him have any fluctuations.

Comparatively speaking, even if Chu Yuanxi's option incentive reaches the best state, the upper limit is expected to be less than 20 million, and the base is only 5 million, which is not the most attractive among all the conditions he faces.

Don't look at the counting units are millions and millions, this is an entrepreneurial option, it is worth money if you succeed in entrepreneurship, and it is worthless if you don't succeed, even if you succeed, it will take a few years to get it. Therefore, for technical bulls, there is no option with a large amount of attractive salaries and bonuses, otherwise it is not attractive at all.

However, Chu Yuanxi made him feel very fair from beginning to end, and this sense of fairness was something he had not seen for a long time. Xue Ming didn't want the boss to bow to his servile face, so he didn't hold back his fart. What he wants is this kind of fair environment, where a technician can give full play to his talents and then get his share, no more, no less.

Chu Yuanxi got up and stretched out his right hand, his eyes were full of joy. He had a feeling of being hit by luck, Li Zhaokai was really magical, he could find a calf like Xue Ming in one night, I really don't know how to find it.

You must know that the circle of technical cattle is very difficult to enter, for small companies are usually carrying a pig's head to worship the temple gate, and the academic bulls who are interested in entering the industry are monopolized by big capital, and those who are intoxicated with academic and unintentional industries are not even thinking about small companies. Only the calves can occasionally slip through the cracks.

Therefore, this kind of opportunity has to be recruited, and Xue Ming's connections alone are very valuable, and other big and small cattle can be trapped through him.