“No、No...... Xu, this proposal of yours is terrible. White waved his hand repeatedly, "The formal process of a startup is to set up an option pool before venture capital enters. ”

Mr. White is right, we are the "official" venture capital of Green, and you original shareholders can be considered the "founders".

The setting of the option pool must be solved by you first. ”

Hamilton was also very resolute, and he calculated that after this round of funding, the option pool would be diluted to only 3.2%.

By adding the option pool to 10% at this time, their share of Uber would be reduced by 7.456% from 8%, resulting in a loss of $6.8 million.

I have to say that these Silicon Valley investors are all better than monkeys, and they immediately noticed the flaws of the option pool.

Howard was also very happy in his heart, and the option pool was replenished back to 10%, even if it was diluted to 8% after the A round of financing, according to the post-investment valuation of 1.25 billion, there was an additional $60 million in options all of a sudden.

He, the CEO, has also benefited immensely!

However, Howard's facial expression was very restrained, and he knew that he was not suitable to express his position at this time, so he had to be modest.

Since coming to Green, I know that in order to have a good relationship with Zhang Yida, the Chinese boss, I have to learn Chinese and Chinese culture well.

He has "read" Chinese historical classics and knows that there is a cultural custom in China, that is, "when others give you gifts, you must be humble at all, and then others will still resolutely give you gifts." ”

He has also watched Chinese New Year videos, where when someone sends you a red envelope, you must show a strong refusal, and then someone else will forcibly stuff the red envelope into your clothing pocket.

Howard wondered if he would have to pretend to excuse himself when they set up the option pool later.

Xu Xiaoming also tried his best, and two foreigners, White and Hamilton, did not agree to dilute their shares to set up an option pool.

Xu Xiaoming looked at the other investors and hinted that they were talking! Just Lao Tzu went up to fight alone, and you sat firmly on the Diaoyutai?

"It stands to reason that this option pool should be set up by the founder!"

Some investors have set their sights on Zhang Yida's representative, Huang Xiaofeng.

Huang Xiaofeng was resolute, "Didn't Mr. Hamilton just say that our shareholders can be regarded as the founders.

If you want to replenish the option pool, you should make it up together, how can there be any reason for Mr. Zhang to make it up alone?"

"Yes, we have nearly 20 investors combined, and a little dilution of one side is enough. ”

Xu Xiaoming also came out to help, "How can it be possible to let Yida out alone? With a full 6% of the shares, it is very unfair to let a certain party come out."

Huimin Travel under the leadership of Yida has developed so smoothly over the years, and the book return of the big guy is not bad!

In this case, not to mention rewarding the founder, I have never heard of a founder filling in the hole. ”

"6%, that's not much, let's all share proportionally!

It's not too early, so let's get this done as soon as possible, so that Green's Series A financing can end smoothly.

Rest assured, Green is favored by so many investors, and it will definitely give everyone a good return in the future. ”

Shen Beipeng also spoke, and set the tone in one fell swoop.

Other investors no longer objected and nodded in support.

In this way, the original investor diluted a part of the equity proportionally, and made up 10% of the option pool.

Zhang Yida accounted for the most shares and sacrificed the most, and the equity ratio decreased from 35.74 to 33.6%.

Green then raised $250 million in Series A financing, and the stake was diluted by 20% again, and Zhang Yida's personal shareholding dropped to 26.88%.

Because there are 20 votes for 1 B share, the voting power of Zhang Yida's shares is still very high, with 88.03%.

After completing the financing, Huang Xiaofeng made a transatlantic call to Zhang Yida and reported the process and results of the financing.

The matter of the option pool was a little surprising to Zhang Yida, and he really didn't take this issue into account.

Zhang Yida is still very supportive of the re-replenishment of the option pool to 10%. For some senior talents, in addition to high salaries, they also have to give a lot of options.

Without a "dream of wealth and freedom" hanging, it will not attract the Golden Phoenix.

In particular, the existence of options can also save some wages in disguise, making the company's cash flow more abundant.

The matter of the option pool diluted about two points more shares is just a drop in the bucket for Zhang Yida, and what he cares about most is the stability of the company's structure.

Subsequently, Howard also made a phone call to Zhang Yida and reported to him, the chairman, about the Series A financing and the establishment of the option pool.

"Mr. Zhang, this option pool is really not what I want. It was at the strong request of investors in Google and Uber and the consent of other shareholders that I reluctantly agreed. ”

Howard really played this game of humility in front of Zhang Yida.

Zhang Yida was a little surprised when he heard this, what kind of operation is this? Europeans and Americans still have this virtue?

"Howard, do a good job, you deserve it. Zhang Yida asked again: "What are your plans for the next step?"

"Exploring the European market," Howard confidently says, "no one can stop Green from going global." ”

"It's good that you have that confidence. Zhang Yida praised and then asked, "I heard that Lime and Bird are looking for financing and plan to launch products?"

Zhang Yida heard the news from Huang Xiaofeng, who also heard White mention it at the financing meeting.

"Yes, there are investors in Silicon Valley who are showing interest in them. ”

Howard looked unconcerned, and said, "After all, they are cheap, and they can invest millions of dollars." There are always gambler-like investors who have a gambler-like mentality of "small and big" to finance them. ”

"What about investment institutions investing in them?"

Zhang Yida is thinking quickly, these two companies are not ordinary people, they have achieved good results in their previous lives, and they have formed a two-strong parallel pattern similar to the small yellow car and the small orange car in the United States.

"Yes, shortly after we got our Series A funding, they also announced that they had raised millions of dollars.

It's just that the valuation and financing amount are dozens of times smaller than ours!"

"Howard, you can't do this kind of mentality, we can't underestimate any opponent. ”

Zhang Yida felt that Howard was a little swollen and decided to knock him.

"Boss, don't worry, I've been keeping an eye on them. ”

Howard heard the dissatisfaction in Zhang Yida's tone, and quickly explained: "Although we will enter the European market next, we will not relax in the American market."

The lobbying team is still expanding, and by the end of the year, we will be aiming to have Green in the top 100 cities in the United States. ”

"I don't know if you've heard about my bike-sharing battle in China?"

Howard hurriedly replied: "I have learned that it is necessary to quickly occupy the market with speed and form competitive barriers by scale.

I heard that Huimin bicycles are tens of millions of bicycles in China, accounting for 80% of the entire Chinese market for shared bicycles.

It's amazing that with such a low barrier to competition, Boss you achieved this achievement. This is a case study of business competition among top business schools. ”

Zhang Yida smiled, this sycophant kung fu is not weak, if he can use this mind to work, he is not worried about the fierce competition that the shared electric scooter is about to face.

"Well, I hope you can replicate the efficient launch speed of Huimin Bicycle in North America and Europe, quickly occupy the market, expand the scale and refinance. ”

Howard replied confidently: "Boss, don't worry, I will do my best!"

......

Just after 10 o'clock in the evening, a young man in an office building in Beijing smirked at the computer screen, and he was wearing a badge printed with the logo of the music symbol Shake on his chest.

The colleague sitting at the workstation next to him stuck his head over and asked, "Xiao Luo, what are you looking at? ”

When a colleague looked at the content on the screen, he said directly, ", it's so exciting!"

A little girl of five or six years old is acting out the action of learning to meow in front of the camera, which is very cute.

"Let's learn to meow together, meow together, be coquettish in front of you, and meow ......"

This is the newly popular "Learn to Meow" on Shake Vision, and users can take a screenshot of this section as background music when they shoot Shake Vision.

At the same time, the "cat ears" special effect is also available, for example, the little girl in the video that Xiao Luo and his colleagues are watching now has two special effect ears on her head.

What's so nice about a children's performance?

The attention of the two was focused on the bathroom behind the little girl, where a young woman wearing nothing was taking a shower......

And the camera of the mobile phone in the child's hand happened to be facing the bathroom, and the bathroom happened to be closed.

This 15-second short video was filmed like this and uploaded to Shake Vision.

The two watched this video several times before reluctantly forking it off, and the colleague suddenly asked Xiao Luo: "Xiao Luo, have you blocked this video?"

"Still need you to teach?" Xiao Luo raised his head, "I blocked this video in the background as soon as I found it, and users outside have long been unable to see it."

After all, after looking at other people's bodies, I still have to be responsible!"

A colleague gave Robbi a middle finger and said, "How many plays?"

"It was detected early, only 216 times, and it did not spread in a large area. ”

Xiao Luo sighed, "This kid is really ignorant, I don't know if her mother will beat her to death if she finds out." ”

"You can't blame the child, who told her to take a shower and not close the door?"

The colleague returned to his desk and replied while reviewing the backstage video.

"What good things have you found again?" other colleagues saw that Xiao Luo had made a "major discovery", and they all asked at their respective workstations.

"I found a bather, a woman, who didn't close the door, and was photographed by her own child and uploaded it. ”

"Awesome, I thought that last time the fruit ran was fierce, it seems that there is no fiercest, only more fierce!"

A colleague said that the content moderation team they looked at was like a factory assembly line worker working two shifts.

I was bored on the night shift, and I found any "interesting" videos, and I shared them with each other, which can be regarded as a bitter pleasure!

"You say, this forest is big, and there are 1.3 billion people?"

"That's for sure! If everyone follows the rules, what else do we need us to do?"

"I heard that the technology department is developing AI monitoring, and when the product comes out, we're afraid we'll have to lose our jobs, right?"

", now it's also possible to monitor the text and headlines with artificial intelligence, and the picture and video ghost knows what the user posted? ”

"That's true! This job is so hard! I stay up late every day, and my salary doesn't rise!"

"It's not cool to watch movies for free? I still want a salary, and it's okay to confiscate your seed fee. ”

"I can't go on like this, I have to buy a bottle of Nutrition Express to replenish my body!"

"Haha!"