Chapter 234 Options
Ding Lei was speechless in astonishment, this investment amount can be said to be a huge investment in the Chinese Internet industry in those years, and 15 million yuan was used to build a website! Why don't you use this money to build an ISP? Now more than a dozen non-governmental ISPs in China can count on a single finger if they can have this investment amount.
And lose 20 million in three years!? What is this concept? Burning money, can this website really be sustainable?
In the face of Ding Lei's question, Zhang Chen only explained, "ICP is the future of entrepreneurship, and the infrastructure of ISP can only be the country in the end, not the individual." As for the profit problem you mentioned, the current user base of the domestic Internet is too small, and it will not be profitable to do anything. I expect that domestic websites will not be profitable until at least 2000 or later. ”
After Ding Lei listened to Zhang Chen's words, he had both joys and worries, and the good news was that IDG was rich, and tens of millions of investments were thrown into it without blinking, and he did not seek profit within a few years. Prove that IDG is long-term and will not make some short-sighted behaviors. In this mindset, there is a high probability that the website will be successful. The worry is that IDG has invested so much money, the team is definitely not small, and there must be a lot of cattle, and it is unlikely that he wants to become a high-level person.
But I was just a technical support engineer before, and if I joined this company, with such a high investment from IDG, it would definitely set off a monstrous wave in the domestic Internet circle. Being able to join at the beginning of the establishment, no matter what position it is, is a good exercise and accumulation of qualifications for yourself.
No! Ding Lei suddenly reacted, if he was just recruiting a position like a technical manager, how could Zhang Chen personally go out in person? Thinking of this, Ding Lei began to feel apprehensive again.
Ding Lei asked tentatively, "Zack, what is the structure of the team now?"
Zhang Chen glanced at Ding Lei and took a sip of tea: "In this network company, I will personally serve as the CEO and chairman of the board." ”
Ding Lei was slightly disappointed in his heart, but he felt funny when he thought about it, he was just a little shrimp, what was he disappointed about?
Zhang Chen continued: "I am going to transfer Li Zhigao, the current deputy editor-in-chief of the computer newspaper, to be the COO, that is, the chief operating officer, responsible for the overall operation of the company, and coordinate the content exchange between the computer newspaper and the website. And I'll give you the position of Chief Architect. ”
"Chief Architect?" Ding Lei was a little confused, what is this?
Seeing Ding Lei's ignorant expression with his small eyes, Zhang Chen smiled secretly in his heart, who told you to pretend to be forced in the future? If you are not the chairman or CEO, you have to make yourself an inexplicable chief architect. Since you're willing to do this, I'll let you do it enough.
Zhang Chen's expression was serious: "Chief architect, the main content of the work is to consider the overall strategic deployment of the website and the adjustment of the business direction. In a short period of time, he must also be responsible for the overall technical construction of the website, and also serve as part of the CTO's function. It can be said that it is a very important position, so this position will report directly to me, and any strategy proposed will have a very big impact on the overall development of the company. ”
Ding Lei was ecstatic in his heart, he had not yet cultivated to the peaceful state of mind that his later life would not be able to be happy and angry, and his face was red with excitement. "Zack, how embarrassing is this, I... ”
Zhang Chen said: "There's nothing to be embarrassed about, you are now the number one person in the domestic Internet circle." I gave you this position because I value your ability and believe that you can make achievements in this position. But the ugly thing to say is ahead, if you don't have enough ability at work, or you have a problem with your attitude, and you can't meet my requirements, then you can only say sorry. ”
Ding Lei nodded again and again, "Of course, this is normal, I understand." Saying that, he looked at Zhang Chen with hopeful eyes, "Zack, in terms of work location and treatment?"
Zhang Chen said with a smile: "The university you went to in Rongcheng is not unfamiliar to the southwest region. Within a year or two, because the website needs the resources of the computer newspaper to do the support, you will definitely need to work in Yuzhou. But in terms of treatment, you can rest assured that the company will give you a rent in the local area or give you a rent subsidy of 1,000 and a half a month. The monthly salary is 5,000, and at the end of the year, depending on the completion of the performance, there is a bonus of up to 10 months' monthly salary. ”
"Performance, isn't there no profit requirement?" asked Ding Lei.
Zhang Chen said: "There is no profit requirement, and the company will not set KPIs, we will use a new assessment system - OKR to evaluate your work." The assessment method is the same as that currently implemented by IDG, and someone will be sent to you for special training at that time. ”
Ding Lei didn't know what OKR was, and since he said that there would be training in the future, he didn't ask again. Although the 10-month year-end bonus is nothing in the Internet industry in later generations, relatively large Internet companies such as BAT can achieve it. But today, in the nineties, there are only a handful of companies that can give this kind of treatment.
But Ding Lei doesn't pay much attention to salary, if it's just to earn a salary, then he won't leave Sybase to join Feijie.
Ding Lei said implicitly: "I heard that foreign Internet companies will give employees options, what do we think about in this regard?"
Zhang Chen said with a smile: "I thought you wouldn't ask this question. ”
Ding Lei wrung his fingers embarrassedly, and Zhang Chen said: "Don't be embarrassed, I do have plans to give some options to the management, including the management of the current computer newspaper, there will be a part of the options, depending on the size of the employee's contribution, the number of shares obtained is also different." At present, the company will take out 15% of the shares, that is, 3.75 million shares of the stock as an option pool, before the listing, this part of the stock is held by the company, after the listing, employees can sell the options in their hands, the company will repurchase at the market price. ”
Ding Lei's eyes widened and asked, "Then how many options can I get?"
Zhang Chen said calmly: "We will divide employees into management posts and technical posts, the highest of both positions is level 10, but the lowest level of management posts is level 5." The minimum level of technical posts is level 1. The technical post has 2,400 shares from level 7 onwards, and your position is a management position, and the current level is level 8 with 6,400 shares. After the end of the annual assessment, in addition to the year-end bonus, you will be given another 6,400 shares, and after four years, you will get 25,600 shares. If the company issues additional shares, it will additionally issue shares to employees. ”
Ding Lei was a little disappointed when he heard this, and he only had more than 20,000 shares in four years. Obviously, now Zhang Chen is set according to one dollar per share. Even if the time comes to the market, the value of the stock will increase tenfold, and it will only be more than 200,000 yuan.
In disappointment, I heard Zhang Chen say again: "However, if any employee has excellent performance at work, the company will also give a certain share award as appropriate, for example, under your leadership, the website is successfully listed on the NASDAQ, you will receive a 1% equity award." ”
(End of chapter)