After Ma Jun went to India, Zhang Yida was completely dead set on Ah San's IQ and put the "spare tire plan" on the way again.

In the past, the client was helping to find the second or third generation of the Indian political family, and the ability can be poor, as long as they are willing to cooperate.

But for so long, I haven't been able to find the right candidate.

There are quite a few suitable candidates for Silicon Valley technology companies, and there are a lot of Indians who serve as middle and senior executives in the company.

is still the old rule, Zhang Yida arranged for people to interview one by one.

An Indian-American in his thirties named Kumar also met Mr. Zhang's selection criteria.

A Kshatriya caste, an Ivy League graduate, and his parents are still in India with some local influence, Kumar is married to a white wife and works as a middle manager at a unicorn company in Silicon Valley.

Modi has been calling on Indians to return to China to build their homeland, but unfortunately there are very few responders.

Even Indian netizens themselves said that Indians in European and American countries would not give up those superior medical and educational conditions to return to China.

It is possible that Indians in the Middle East will return to their hometowns in India to escape the war and save their lives.

Zhang Yida feels that returning to China with Kumar's conditions and shares and operating it is definitely an Internet celebrity entrepreneur who moved India.

gave up the high-paying position of the American unicorn company, and brought the white wife back to China to build a poor and white hometown.

Sounds inspiring!

However, there are some things that Zhang Yida still decided to make clear to Kumar first, so as not to be confused.

"BBPAY, do you know?" Zhang Yida was about to talk about the company.

Kumar nodded, "I have a concern, this is the second largest fintech company in India, with a valuation of nearly $10 billion, second only to Paytm. ”

Zhang Yida smiled and said, "Then do you know who the shareholders of BBPAY are?"

Kumar usually pays attention to the news of the Indian venture capital market, and has also thought about returning to China to start a business, but he has never been able to make up his mind.

Kumar said with a smile: "The specific shareholders are not particularly clear, but I know a rough idea, there are Ruixiang Group, as well as Goldman Sachs, Morgan Stanley and so on." ”

"Yes, the shareholder composition of BBPAY is very similar to Ruixiang Group, but the shareholding ratio is slightly different. ”

Zhang continued, "We plan to launch another short video app in India, with a slightly different product positioning.

We are looking for a CEO who is willing to give a 20% share incentive.

I wonder if you're willing to take on this burden?"

Kumar almost understood what this meant, and then thought that he was removed from the shelves in India, which probably wanted to make himself a spokesperson, and behind it was a consortium composed of Ruixiang shareholders.

This is a little different from the entrepreneurship I imagined, should I accept it?

"I would venture to ask, how much can shareholders invest in this short video app?"

Kumar thinks it's better to ask a little more before making a decision.

"The initial investment is 50 million US dollars, and it will be decided whether to add it depending on the subsequent development. ”

Kumar frowned, not that the amount was too little, but that it was too much.

Could this be a trap? Tens of millions of dollars just hit yourself like this?

"Of course, you also need to invest some, you don't need too much, can you make up $1 million?"

Kumar came back to his senses and felt a little headache when he heard about $1 million.

Although his salary is not low, he also has a family to support, and he also lives in the fancy world of the United States.

After so many years, I really haven't saved any money.

Not to mention $1 million, it's a bit difficult to get $500,000.

Zhang Yida didn't want him to pay for the $1 million, but gave money, and the sense of participation was different.

Any gift is cheap and not worth cherishing.

Let an ordinary middle-class family pay $1 million, and it should hurt if it loses.

Only in this way can the spokesperson's work be fully mobilized.

Zhang Yida saw that his face was not quite right, and he secretly said that it was not good, he wouldn't even have $1 million, right?

He's been investigating Kumar, he's been working for more than ten years, and he's been paid a salary of three to five million dollars.

It's not hard to save $1 million, right?

Kumar hesitated, but decided to confess and smiled bitterly, "Mr. Zhang, $1 million...... I probably won't be able to take it out. ”

"What about corporate options?"

Zhang Yida was convinced, and asked him about the option, as a middle-level employee in a unicorn company, should there always be an option?

"There are options, but the company has not yet been listed. If you leave now, you will lose a lot, and if the company buys back...... It's barely $1 million. ”

Kumar looked confused, but he still said it in a heart, "I plan to give this money to my children as an education fund, and I can't use it." ”

Kumar's performance is still a plus in Zhang Yida's eyes, and it can be seen that the third brother at least cares about the family.

"Mr. Kumar, you're embarrassing me!"

Zhang Yida spread his hands and said helplessly, "You must know that we and you are equivalent to founding shareholders, and we all pool money to start a business together."

If you don't invest, won't you become a professional manager?"

Kumar nodded, indicating that he understood.

This Indian man is in a tangle at this time, and he is partnering with the richest man in Asia to start a business, but not everyone will encounter such a good thing.

But if the business fails, the $1 million will make matters worse for their small family, who are not wealthy.

"I invested $1 million and 20% of the shares?"

Zhang Yida shook his head and smiled, "Haha, Mr. Kumar, do you think it's possible?"

Kumar's face turned red and he whispered, "Didn't you just say to give me 20% of the shares?"

"To correct, it's equity incentives, including options. ”

Zhang Yida couldn't bear to tease the third brother anymore, and explained: "Your $1 million invested in it can directly account for 2% of the shares, don't feel that it is less, you are already very advantageous."

A technical and operational team will be transferred to join the new company, and some successful experience and means will be brought at the same time.

And this part is not included in the amount of capital contribution, so I said that you took a big advantage. ”

Kumar neither nodded in support nor shook his head in rebuttal.

In his opinion, the way to success is indeed priceless, including the algorithm recommendation technology behind it, which is an artifact that even Facebook wants to spy on and imitate.

Although the company has not yet shown its power in the initial stage, it will see its explosive power in the growth stage.

In this respect, I did pick up the bargain.

But let's not forget that he Kumar hasn't been valued yet.

However, he knew that he was just a small person, and he didn't do anything outstanding, and it was normal for other bigwigs to ignore him directly.

However, he himself firmly believes that he is capable, but he lacks a platform to display his talents.

Zhang Yida continued: "The remaining 18% of the equity is included in the employee stock ownership platform, and if you perform particularly well, you can sell all the 18% equity to you at a low price in the form of "option exercise".

Employee options, I will discuss with other shareholders, and all shareholders will dilute them.

If the performance is not as expected, then sorry, you can't get much of this 18% option, and it will be rewarded to other better Indian employees or executives. ”

Kumar finally figured out that he didn't just give himself $10 million.

It's not that good in the world!

"I don't know what kind of excellence method is the so-called excellent performance?" Kumar began to ask about the evaluation criteria.

Zhang Yida replied: "It's nothing more than live, monthly activity, playback, user duration, market share, and other indicators such as revenue and net profit may be added in the later stage." ”

Kumar nodded, he basically understood.

The consortium headed by Zhang Yida said that it regarded itself as a founding shareholder, but in fact it was only a small shareholder.

If you want to earn more equity, you still have to work hard like a professional manager to create value for the company.

Is that a good condition? Not necessarily, I'm afraid.

He Kumar can go back to India to start a business by himself, hold 100% of the shares, and maybe pull a round of angel round investment.

But he also learned about the Indian market, and now when he goes back to start a business, if he doesn't have some strong capital support behind him, even if he is a turtle, he will be trampled to death by a growing unicorn.

Of course, there is a possibility of success, but it is very small.

It's almost the same as returning to China five or six years earlier to start a business, and the time window has been missed.

"Mr. Zhang, I can promise you!"

Kumar decided to take a gamble, as long as the startup became a unicorn, and then whether it was bought by Ruixiang, sold to other companies or independently listed, he should also be wealthy.

And if you don't work hard for this, it is estimated that you can only stay in Silicon Valley as a salted fish for the rest of your life.

Zhang Yida thought that Kumar would go home and think about it for a few days, but he didn't expect to agree so quickly, which made him a little impressed.

"What about $1 million?" Zhang Yida asked.

"I'll go home to my dad!"