Chapter 1108: That's it
Although a few days ago, he rejected Edgar Bronfman's attempt to take a stake in Firefly Electronics, but Eric was as generous to Firefly Electronics' equity incentive plan as Yahoo was at the beginning. Pen Fun Pavilion wWw. biquge。 info
After careful consideration, Eric finally decided to transfer 12.5 million shares of the 250 million total share capital of Firefly Electronics to the core executives and elite employees of Firefly Electronics at a low price.
12.5 million shares, equivalent to 5% of the total share capital of Firefly Electronics, according to the industry's general valuation of about $30 billion in Firefly Electronics, the value of this equity has reached $1.5 billion, which is 50% higher than the total value of the shares granted when Yahoo implemented the 20% equity incentive plan.
Firefly Electronics rose too fast, and did not sign an equity incentive contract like Yahoo in advance, and for tax avoidance and other considerations, this equity incentive did not take the form of free gifting.
However, Eric only sold the stock at a price-to-earnings ratio of about 10 times, at a price of only $32 per share, which is about a quarter of the market price of $120. Moreover, executives and employees who have the right to subscribe only need to apply for a zero-interest loan from Firefly Investment to pay for the stock subscription, and repay it through the company's dividends in the future, in fact, they still don't have to pay a penny.
Of course, it is easy to get, but this stock also comes with very strict restrictive terms.
During this time, as major electronics manufacturers have announced their entry into the field of digital music players, Firefly Electronics has also clearly shown signs of a large number of staff losses. However, with the implementation of this equity incentive plan, this trend will also be effectively curbed.
In the afternoon, I rushed to Palo Alto, San Francisco, and by the end of the meeting, it was already dark.
Caroline was invited home by Melanie, and Eric gave her a few days off to return to Los Angeles whenever she wanted.
After attending a drinking party hosted by Larry Ellison in the evening, Eric returned to Atherton's lodgings with Mayer, who had accompanied him to the reception, and it was close to eleven o'clock.
With the turbulent prosperity of the NASDAQ market, there is obviously a sense of impetuousness in the entire Silicon Valley, and the wealthy area of Atherton, which should have been quiet at this time, is still very noisy at this time.
Eric's car weaves through the Atherton neighbourhood, with men and women clearly pouring out of the road from time to time, and more brightly lit mansions where the party goes on endlessly.
Not to mention any other time, just two months after 1999, more than 100 large and small technology companies IPO on the Nasdaq market, and people who haven't lived through this period will not believe the madness at all, but it is a real fact. Some technology companies can even easily raise millions of dollars of funds through a business plan that only exists on a PPT, so they have also created a large number of millionaires or even billionaires who have become rich overnight.
The car drove into Eric's mansion in Atherton, and after getting out of the car, Eric unexpectedly heard a faint noise from the nearby mansion, and even the screams of a woman, although due to the large area of the mansion, the sound from next door was not noisy, and he believed that he could avoid it by entering the room, but he couldn't help frowning.
Mayer followed Eric, noticing his expression, explaining, "Next door is Jean-Louis Gassi, the founder of Be, who was an Apple executive and was later kicked out of Apple by Jobs. A few years ago, Apple almost adopted the BeOS operating system developed by Jean-Louis Garcy, but the other party offered too high a 15% stake in Apple, and the CEO at the time, John Scully, did not approve the cooperation plan. However, Be has recently gone public, and Microsoft's antitrust investigation has made other operating system stocks in the market very popular, and Be's market capitalization recently exceeded $1 billion. ”
Eric just nodded, not in the slightest interest in these desktop operating systems, which were destined to be obsolete. Walking into the villa with Mayer, the faint noise disappeared completely, and he took off his suit casually, pulled off his tie and lay comfortably on the sofa in the living room.
"Mary, play a song for me, see if you can guess what song I want to listen to right now?"
Mayer helped Eric hang up his suit and was going to the kitchen to pour Eric a glass of water, but he still had some drink tonight.
Hearing this, the girl turned to a digital speaker in the corner of the living room, which was a music player product developed by the R&D department of Firefly Electronics, but Eric didn't want Firefly Electronics to distract the product line other than the portable music player, so he vetoed it, but still left a very beautiful prototype in this villa.
It was only a moment later that the low, slow accompaniment of "Young-And-Beautiful" began.
* See all the prosperity and go through the vicissitudes of life.
* Tiredness.
* Drunk gold fans, cups and cups, like a passing cloud.
* Midsummer nights.
*July Weiyang.
* We are young and frivolous, and we are not afraid of the long years.
* We indulge in time until the lights come on.
*……
Satisfied, Eric moved himself on the couch, leaning on a pillow, kicking off his leather shoes, and resting his legs on the armrests on the other side of the couch, enjoying the music around him.
There was a faint feminine fragrance between his noses, and Eric opened his eyes again, and Mayer appeared next to him, holding a glass of water in his hand, leaning over and handing it over, a faint strand of blonde hair hanging down.
Eric didn't pick up the glass, but reached for the fluttering blonde hair, and then slowly climbed up to touch the girl's smooth face.
I like the feeling of my fingertips wandering over a woman, so I continue to slide.
It seems like that night a long time ago.
This time the girl didn't speak again, her eyes squinted slightly like a cat, her cheeks were still slightly sideways, as if she wanted to be closer to the man's palm, and after a while, she let go of the glass in her hand again, and knelt softly beside the sofa, allowing the man to remove the straps of his burgundy dress a little bit.
It wasn't until the man reached out and pulled her up no longer satisfied that Mayer whispered softly, "Eric." ”
Eric stopped what he was doing and looked at the crimson girl, "Huh?"
"No," the girl paused, then shook her head, leaning back against the couch, "nothing." ”
Eric smiled and said, "Why don't we go to your room?"
"No, no," Mayer hesitated, took the initiative to stand up, slowly climbed on top of Eric, and said, "That's it." ”