Blake left Penguin Apple, and Su Mu quietly became the new CEO of the company, and he had no plans to stay in this position for a long time, so the CEO added the word "temporary" in front of it.

After the company was listed, it was not Su Mu's company alone, and it was normal to get a return for his efforts, so he designed an equity incentive plan for himself on the premise of an annual salary of one dollar.

Many people were dumbfounded when they saw this strange option plan.

Penguin Apple's documents with the Securities and Exchange Commission show that they will not pay him any form of salary, no cash incentives, and no equity as he spends more time as he is the CEO.

Su Mu's income at Penguin Apple in the next ten years is all directly linked to the company's market value and performance, and the stock options are divided into ten tiers, and each time he "unlocks" a new level, he can get the corresponding option reward for free, from 1% to 1.1% of the total share capital...... It has been increasing to 1.9 percent, and if the total market value of this company reaches $300 billion within 10 years, the shares he will get will be equivalent to about $43 billion!

This outlandish option reward made people talk about it, no one thought he was black-hearted, only that Su Mu was full of ambition, if the company's market value could really reach $300 billion, then even if he was given so many option awards, investors would be happy.

In the current bleak market background, Su Mu himself is not optimistic about him, at least he does not believe that he can get the tenth layer of option rewards in just ten years, the major media have given enough face, in fact, they generally think that Su Mu is hype.

Considering various factors, such as market, sales channels, scientific research, technology, etc., Su Mu came up with a compromise solution, solicited the advice of the board of directors, and decided to let Penguin Apple invest 200 million US dollars and himself 210 million US dollars to jointly establish a mobile phone manufacturing company.

I thought it would be easily passed, but I didn't expect that as soon as it was proposed, some people objected, and a representative of the director of an investment institution with a shareholding ratio of more than 4.0 percent shook his head and said: "Lyon, our company's computer business is very good, and Apple's personal computer sales have just improved a little, so why do you want to sell mobile phones in one more move?"

I know you want to make the company's performance rise quickly, but it's not good to take it slow and be safe, $200 million is not a small amount of money, selling mobile phones can increase turnover, but profits and market value may not necessarily rise. At the beginning, Apple didn't because it was involved in too many fields that its brand image declined. I think it's possible to do a joint venture, but our company can invest up to $100 million. ”

Probably because of Su Mu's strength, he spoke so politely, and even his employer, the CEO of Morgan Stanley, needed to show respect to Su Mu, give this little director a few guts, and dare not offend Su Mu, the chairman of the board of directors, otherwise, most of the next meeting will not be used.

Su Mu didn't bother to explain to them, whoever pays for it is the same, he wants to take more shares of the new company, his eyes swept over the directors on the scene one by one, and asked: "Is there anyone else who thinks the same as Mr. Stanley, I abstain from voting this time, even if I don't want to buy shares, I can do it myself."

But I'll tell you in advance that I'm going to use some of the company's patents and technical talents, so I'm going to give half and half of the advice today, and I'll see that I've made a fortune in the future, so don't forget what happened today. ”

"Penguin Apple's $100 million accounts for 25 percent of the shares, plus 5 percent of the shares in technology patents, for a total of 30 percent of the new project, Chairman Lyon, do you have any opinions?"

"It's high, 100 million US dollars plus technology patents, at most 25 percent of your shares, if you only use technology patents as shares, I can give 7 percent.

I'm going to the toilet now, you have enough time to discuss, and the recorder should take a break, thank you. ”

After Su Mu finished speaking, the young girl who was sitting next to her with a laptop to record the content of the meeting was so shy that her face turned red and smiled to express her gratitude.

A detailed report on the mobile phone industry and market outlook data were compiled into a document and placed in front of the directors in the room.

Representatives of major shareholders, representatives of minority shareholders, shareholders themselves, etc., including Su Mu, these shareholders represent more than 70% of the shares of Apple Penguin Company.

Directors are elected by shareholders and are the managers of the company, the chairman of the board of directors is the head of the board of directors, more often, the shareholders are the directors, and for investment institutions, they will send people to participate in the management of the company.

There are not many founders like Su Mu, who like to restrain other companies in the form of weighted voting rights of the same shares, and if it weren't for his ability to make money for all to see, and there were no big mistakes in managing the company, it would definitely cause a lot of internal conflicts in the company.

It is both a good thing and a bad thing for one person to have a voice, the advantage is that the company can be managed more effectively, and the disadvantage is that the interests of minority shareholders may be damaged.

For example, the major shareholder wants to give the chairman, that is, the major shareholder himself, luxury cars, even private jets, luxury yachts, etc., and also carry out all kinds of luxury consumption under the banner of official expenditure, and spend all the company's money, and this money can be used as the company's operating funds, and no matter how bad it is, it can be directly returned to the shareholders.

In other words, the majority shareholder contributes only 51 percent or less of the capital, but if he controls the board of directors of the company, he can dispose of 100 percent of the company's money, which is very unfair to the minority shareholders.

However, because the minority shareholders are very scattered, and there are very few who can hold up to one percent of the shares, they cannot compete with the major shareholders at all, so they can often only let the major shareholders make their own decisions.

Su Mu's reputation is not bad, people are willing to believe him, take this stock market crash as an example, shareholders clearly understand his willingness to help the company, and are willing to believe that Su Mu can lead the company to continue, in the stock price of the Nasdaq Internet stocks, which generally fell by more than 15 percent, the stock price of his companies fell by about 30 percent lower than other companies.

Obviously, he can make decisions on behalf of the board members, but Su Mu chose to give up voting, this is the performance of being a man, as soon as he left, someone immediately jumped out and said: "Isn't it good to use 200 million dollars of idle funds to gamble on a market with him, if it succeeds, then we will all get rich!"

Opponents said: "But we don't have any experience in making mobile phones, and the market has been carved up, by companies such as Motorola and Siemens, and there are countless small enterprises." ”

"Fart! If the market is carved up, then why is the market size above 10 percent every year!? I suggest accompanying him to go crazy once, don't you know that even if Su Mu says something casually on Wall Street, there are people rushing to send money to invest in him?"

The middle-aged man who said this continued: "I don't know about other companies, but we are definitely interested in Goldman Sachs, he is a well-known king of high technology......" ()

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