Chapter 6 A few families are happy and a few are sad

The news cannot be hidden, especially the option incentive. [With_Dream]

Before the completion of the equity incentive legislation in China, there were still very few Internet companies that made employee options, and the time selection was relatively sensitive, and most of them were before listing.

Kangsheng's performance is obvious to all, and there have been private discussions to discuss the possibility of the company's listing.

The situation was the same as Chen Qiaoshan expected, and the external financial audit, stimulated by employee options, did not attract too much attention.

From option incentives to equity realization, the whole process is actually quite long.

First of all, it is to envelop the core layer, and options also have restrictive clauses, such as when employees leave their jobs, the company has the right to repurchase shares, or it is possible to issue restricted shares to employees.

Options are often associated with wealth myths, often with companies going public and a large number of employees achieving financial freedom.

In the Internet industry, there are still very few companies that cheat their own employees.

Of course, there are exceptions.

For example, Youku, after going public, directly came to 18 shares in one share.

As a result, except for Boss Gu, the value of the stocks in their hands, whether they were executives or employees, directly shrank by more than 95.

What's even worse is still to come, and at the critical juncture when the lock-up period is about to end, Youku has played an additional issuance, causing the stock price to plummet.

This is not counting the exercise cost and income tax deductions, you must know that although there is no stamp duty on the U.S. stock market, capital gains use differential tax rates, unless held for a long time, the tax rate is frighteningly high.

This is good, I have been busy for several years, and the equity in my hand was originally worth a suite in Yanjing, but in the end it was only enough to buy a toilet, and the mood of Youku employees can be imagined.

Capital is ruthless, and Youku is not the most ugly look, but it has become a bad example.

The boss played routines with employees, which was naturally unpopular, because of the options, a large number of Youku's core employees left, and the character of the ancient boss collapsed instantly.

For start-ups, the stability of the core layer is very important.

The reason why Chen Qiaoshan chose to do option incentives at this time is just to stabilize the morale of the army.

The storm is coming, the ballast is not enough, and the ship will capsize.

…………

After a few days of lull, things came to an eyebrow.

On May 21, Yanjing finally got rid of the dusty weather for several days and ushered in a rare sunny day.

Near noon, three police cars suddenly came to the small square in front of Building A of the Rongke Information Center.

In addition to the security guards, it is rare to see uniformed people entering and exiting nearby, and suddenly seven or eight police officers came, which immediately attracted a lot of attention.

These people entered the elevator and went straight to the floor where Kangsheng Technology was located, and after revealing their identities, with the assistance of the company's legal counsel, they took away the financial director, general ledger accountant and treasury director.

The three of them were handcuffed on the spot, and the whole process didn't take long, but the movement was not small.

The change came too suddenly, and the whole company was panicked.

The matter did not end there, not long after the police left, Chen Qiaoshan took Liu Chang and others to the company, and in the conference room, they summoned the relevant persons in charge of the company's product line, operation line, marketing line and administration department.

The heads of various departments were called in turn, and the news was naturally difficult to hide.

The whole company quickly understood the cause of the incident, and it was the economic investigation who came to arrest the people, and these people from the finance department took advantage of their positions to embezzle the company's assets, and the huge amount constituted embezzlement.

The matter is not trivial, because embezzlement is a criminal case, and once the sentence is handed down, the three of them may be imprisoned.

Chen Qiaoshan made a heavy hand this time, and after auditing, Ding Ju has clarified the financial situation of Kangsheng Technology, and the problem is much more serious than expected.

The company has developed too fast in the past year, the management is lagging behind, and there is also a lack of necessary supervision, these people have privately divided nearly 600,000 public funds by falsely reporting financial income and expenditure, accounting for more than one-tenth of the company's revenue.

After knowing the specific amount, Chen Qiaoshan's nose was almost crooked.

Liu Chang also made a fuss, Kangsheng's financial department was set up by her, and it has been under her supervision, and now she is to blame for such a big problem.

You must know that Kangsheng has been investing in order to seize the market now, except for Dai Zhikang, who has been partially compensated when financing, and the rest of the shareholders have not received a dime in dividends.

This is good, the owner hasn't moved the chopsticks yet, a bunch of moths have started first, Chen Qiaoshan's mood can be imagined, he originally wanted to solve it internally, and after learning the seriousness of the matter, he directly reported the case.

In contrast, Cheng Liang's question is not so important.

Although this guy is also greedy for money, he still knows the severity, except for taking kickbacks and privately deducting the advertising shares of alliance members, he did not start with public funds, otherwise he should have been taken away at this time.

Even so, Chen Qiaoshan was not ready to let it go, the so-called grasping and letting go, it was completely non-existent for him.

After emergency communication with various departments, the first staff meeting was held in the open office area of Kangsheng.

Everyone thought that the company would give an explanation about the finance department, but everyone thought about it.

The first thing announced was a list of personnel appointments and dismissals, and the first one was to remove Cheng Liang from the post of vice president of the company.

All the employees present were surprised, the relationship between Cheng Liang and Dai Zhikang is not a secret in the company, the two have a close relationship, and no one thought that they would be the first to attack him.

Cheng Liang is at the scene, because he needs to be responsible for customer relations, he has always paid attention to his appearance, and today is no exception, but anyone with a discerning eye can see that Cheng Liang's face is very bad, not only that, but there is even a little horror on his face.

Not long ago, Chen Qiaoshan met with Cheng Liang alone, and no one knew what the two talked about, but when Cheng Liang came out, the whole person was depressed.

Looking at Chen Qiaoshan, who was standing not far in front of him, Cheng Liang didn't feel a good feeling, just now, he signed an audit material and wrote a letter of commitment on the spot.

Within one month, he was required to repay the profit share of the ad network members and the interest accrued therefrom.

In addition, Cheng Liang also signed a two-year non-compete agreement, during which he was not allowed to engage in work related to the Internet and advertising business, and the key thing is that he did not receive a penny of non-compete compensation.

From the bottom of his heart, Cheng Liang was unwilling, and the process of meeting Chen Qiaoshan just now could even be called humiliating, but no matter how unwilling he was, he didn't want to enter the class room.

Seeing that the people from the finance department were tortured on the spot, Cheng Liang became vigilant in his heart, and by the time Chen Qiaoshan put the relevant evidence in front of him, Cheng Liang had completely lost the courage to resist.

He knows that even if he has Dai Zhikang's relationship, it may not work, if he really annoys Chen Qiaoshan, maybe he will be the next one to be tortured.

Cheng Liang compromised, in addition to spitting out what he swallowed, he also had to pay an additional "interest".

Thinking of the numbers above, Cheng Liang almost burst into foul language, the amount of compensation is enough to hollow out his family, all these years have been in vain, he is the real overnight return to the liberation.

Immediately after that, it was time for today's event.

The company's finance department was formally reorganized, with a financial manager under it, who is directly responsible to the director.

Liu Chang will temporarily serve as the financial director of Kangsheng Technology, and the new manager is not selected from within, but is an airborne trooper, and Ding Ju is appointed as the first financial manager after the reorganization.

People sit at home, happy from the sky, Ding Ju can be described as a spring breeze today, from the deputy manager to the manager, it sounds just a step away, but the difference in the middle is many times.

Although he still does financial work, in the risk control department of Tsingshan Capital, he can only conduct a risk assessment of the financial status of the project party, regardless of the money, and there is no money to manage, while in Kangsheng, the finance department is the real core department.

Although Liu Chang is the boss, Ding Ju is also very satisfied.

What he is holding in his hand is the option incentive plan that will be announced soon, as a new employee, in addition to the salary increase, he can also enjoy this wave of equity dividends.

Although he had to wait for a year before he could exercise the rights, Ding Ju was not worried at all, because at the end of the option plan, the company promised that if Kangsheng Technology could not complete the equity realization within two years, Chen Qiaoshan would repurchase the equity in the hands of employees at five times the exercise price.

Ding Ju knows that this equity back-up agreement may be a trick.

For example, equity realization does not necessarily have to be listed, and corporate mergers and acquisitions can also be realized, but this does not affect his good mood, because the income of four times in two years, no matter where it is placed, it is a business that makes a steady profit without losing money.