"We sold more shares to Jiangyan before, and I considered taking the opportunity to buy back some shares. Zhao Ping said.

"Do we still have money to buy back shares?" Wei Dixuan thought it was ridiculous, they did not hesitate to destroy the platform's creative environment to make a profit in order to upgrade their products, and they hadn't saved enough money.

"Jiang Yan Company made a quick move, the price should not be too expensive, try to buy back some. It's a shame to look at such a good opportunity. Zhao Ping said.

"What about product upgrades?" Wei Dixuan asked.

"Press it back, with the current number of users of eating and broadcasting, you can earn it back soon after opening up the order. Even if it affects the ecology of eating and broadcasting, when we have money, we will reorganize it in a big way. Zhao Ping plans to take the path of making money first and then governing, he thinks that eating and broadcasting will not be finished immediately because of more advertising content. If you want to talk about platform problems, Baidu, Tencent and even Jiangyan Company have them, and I haven't seen them have an accident immediately.

Especially Baidu search, there are many problems, and it is not alive like Xiaoqiang.

When Penguin reached the middle of its development, in order to make money, it also paid for projects and received advertisements, and it did not become a top social platform in China.

If it weren't for the emergence of Weibo, the penguins would still be very chic.

Zhao Ping believes that before Jiangyan launches a new short video platform, he still has a lot of room to operate. Even if Jiangyan Company completes the copy, it may not be successful.

"Are you sure?" Wei Dixuan thought his idea was bold.

"You just do what I say, except for the money to maintain the operation, all of it will be used to buy back shares. The more shares I have, the more dividends I will pay, and I will put all the dividends back into the company. Zhao Ping said.

Hearing Zhao Ping's ambitious idea, Wei Dixuan hesitated at first, and thought about it carefully: This plan seems to be very feasible, but it has already reached this point anyway, so why not give it a try.

Seeing Wei Dixuan's hesitation, Zhao Ping said: "Do you think I'm stingy, so I gave you so many shares." Actually, it's not that I don't want to divide it, but I don't want to spread the funds at this stage. I have studied the history of Hang Yu's fortune, and the reason why he succeeded without financing, in addition to the windfall profits of purchasing agents, is that he does not divide shares. Isn't it very contradictory, in fact, it is very simple, because there is no share split, Hang Yu can invest all the profits back into the company. On the contrary, if the shares are dispersed, a large part of the dividends will be taken by shareholders, and the result is that the profit is not enough to upgrade the product, and the share distribution will continue. It's a vicious circle, and I don't want to get into it. ”

Wei Dixuan suddenly realized that he finally understood Zhao Ping's hard work.

Even Yang Kele and Sun Quanying, who were already dead, were quite moved, they hadn't thought about this problem before.

"If we do it properly, we can complete the product upgrade with profits, I can ignore personal gains and losses, but can other shareholders do it? I don't distrust you, I just want to guarantee 100% that there are no accidents, I hope you can understand me." Zhao Ping said.

"You should have told us earlier, maybe Zhou Qun wouldn't have left. Wei Dixuan had been persuaded by him.

"It's okay, this kind of person who turns his face faster than a book is also a scourge to stay. Zhao Ping didn't care.

Why did Zhao Ping say that he didn't care about personal gains and losses? This is because if he owned 100 percent of the shares and he continued to invest money in the company, the shares would not increase.

Hang Yu was like this at the beginning, he invested all the money he earned back into the company, and the shares have been maintained at 100%. What seems to be a reasonable approach is actually unreasonable if it is placed in a company with multiple shareholders.

After multi-shareholder dividends, if you invest your profits back into the company without increasing your shares, who wants to? No one wants to, so multi-shareholder companies are more likely to face the problem of lack of money.

Don't say 100%, as long as a person owns more than 90% of the shares, he can invest all his profits back into the company without increasing his shareholdings, regardless of personal gains and losses.

The reason is very simple, holding 90% of the shares, this company is basically equal to his alone, and naturally he will not worry too much about other small shareholders.

If there are three shareholders, each holding 50%, 30%, 20%, the shareholder who holds the most shares, will he invest all his profits back in the company without asking for an increase in his shareholding?

As a result, individuals holding more than 90% of the shares can better concentrate funds to develop the company. Even if the funds are tight, as long as the profitability is relatively good, it is completely possible to upgrade the product without financing. On the contrary, because the profits are dispersed in the development process, the company lacks capital, and the founders need to constantly use their shares to raise funds until the product profitability reaches a high level.

There is another situation, that is, Huawei's equity model.

Although Huawei's shares are very scattered, most of the shareholders are futures shares, and their shares are very small, so they have no power. In this case, as long as a dividend system is formulated, for example, the company's development budget must be completed first, and the rest will be dividends, then normal development can also be guaranteed.

Jiangyan Company can be said to have combined the two, not only with a high degree of concentration of equity, but also with a dividend system, requiring that the company's budget must be met first, and the rest will be dividends.

If this is not done, how can Jiangyan Company get so much money to engage in science and technology.

"What should we do next?" Wei Dixuan was moved by Zhao Ping's plan and regained his spirits.

"In the case of ensuring the ecology of the product, try to increase profits, at this time can not engage in perfectionism, to develop must have money, to have money must be accepted. The faster the process, the better, and as soon as the product upgrade is completed, we immediately restore the ecology. Zhao Ping said.

"Okay, just do as you say. Wei Dixuan said.

"Coke, Jeoneng, you two are fine. Zhao Ping noticed that their eyes were wrong, and suspected that they had other thoughts like Zhou Qun.

Yang Kele and Sun Quanying glanced at each other, and it was difficult to answer this question.

Zhao Ping guessed right, the two of them did have different hearts, if it weren't for Zhao Ping's rare sincerity and said his thoughts, it is estimated that Yang Kele and the others would directly refuse.

Zhao Ping's plan, although risky, is indeed tempting.

Compared with taking refuge in Jiangyan Company, it is more stable.

Yang Kele and the others know Jiang Yan's welfare system very well, if they become the founding person in charge of a product, they can get a little share after the success of the product, which is similar to Zhao Ping's current share. The difference is that Jiangyan Company is strong, and if you go there to start, the success rate is higher.

"You just said that the reason why there are few shares is to concentrate equity and capital development. If the product is developed to the first line, how many shares can we get?" Yang Kele asked.

"It depends on how much you contribute. Zhao Ping said.

"At the moment our contribution is not small, I hope you can give a bottom line. Yang Kele said.

Zhao Ping thought for a while and said, "I can guarantee that each of you will not be less than 5%, and if you have more, 10% should be about the same." "This condition is not low, because the market value of first-tier products is usually very high.

Like Jack Ma, he also has less than 10% of the shares in Ali. In fact, the founders of most domestic Internet companies have a stake of about 10%. Zhao Ping dared to offer this condition, based on the premise that he would no longer raise funds and repurchase some shares.

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