Chapter 111 Independent Directors

After eating the pizza, Fang Yan divided the company's equity in the most simple and crude way. He usually speaks very softly, and has never been tough, but today he rarely acted arbitrarily. The reallocated shares are listed from highest to lowest:

Fang Yan and Yuan Yuan shared 51% of the shares equally, more than half.

Lao Liu: Nameless tavern owner, 10%.

Qin Yun: Investor and technical consultant, 10%.

Qian Ning: CEO of the company, 8%.

Xiaomu: Marketing Manager, 5%.

Wang Yu: Video Manager, 2%.

Feng Lu: Assistant, 2%.

Yang Zhenyu, Yu Haiyang, Ding Bo, and Tiger: useless people, each accounting for 2%.

Xia Mo: Online store manager, 2%.

The last one is Shen Boyuan, who also has 2%.

In particular, it should be noted that there are 5 people in the Waste Wood Band and Xia Mo, accounting for 10% of the shares, but they all take options, which are issued in 4 years, and a quarter of them are issued every year. Option is the right to buy a stock, and the price of the stock is 0, which is equivalent to owning the stock for free.

Qian Ning and others took half of the common shares and half of the options.

Yang Zhenyu asked: "Then after we graduate from university, we will come to the company to start a business?"

"That's right. ”

Soon, the scrap wood band decided not to look for a job in their senior year, nor to go to graduate school. On the one hand, continue to rehearse, strive for performances, and create value for the company. At the same time, they have to develop the company's APP and do technical work.

Given that the company was valued at $10 million, Fang Yan decided to turn the company into 1 million shares of common stock at a price of $10 per share.

In the case of Channing, she owns 4% of her common stock, or 40,000 shares, worth $400,000. In addition, there are 4% options, and the ban on 10,000 shares will be lifted every year. Four years later, she owns 8% of the shares and is the super-largest shareholder.

Xia Mo has been selling T-shirts very well recently, and after calculating the account for a long time, he asked, "When will we go public?"

Qian Ning asked rhetorically: "Why do you want to go public?"

Listing (IPO) is the sale of a part of a company, the issuance of additional shares, and the turn of the company into a commodity to be publicly traded on the market. That's how shareholders get rich overnight. But if your company is not short of capital and is functioning well, there is no need to go public.

The new company was established, and everyone was excited that night, and after the nameless tavern closed, everyone got together and no one left. What no one realizes is that this is actually the first shareholders' meeting.

Fang Yan talked about the establishment of the board of directors again.

The members of the board of directors are: Fang Yan, Yuan Yuan, Lao Liu, Qin Yun, and Qian Ning. One person, one vote. Because they are all friends of Fang Yan, I can't see any possibility of intrigue for the time being, so it's boring.

Strictly speaking, the board of directors governs only one person: CEO Channing. Major decisions of the company are subject to the approval of the board of directors. With a board of directors, the small company finally takes shape.

Xiao Mu asked Fang Yan again: "What is the name of our company?"

"Nameless tavern. ”

Xiao Mu said: "It's called Fang Yuan Records, how about it? You two, one surnamed Fang and the other surnamed Yuan, together they are Fang Yuan." ”

“……”

Fang Yan and Yuan Yuan glanced at each other and shook their heads in unison. Fang Yan said: "It's too stupid. ”

Feng Lu drank iced coffee on the side, carefully raised his hand to speak, and said, "It's called Stone Records, okay?"

"Stone" is a word that He Yu came out of after his head was sick at the concert. Fang Yan thought for a while and said, "It's called the Nameless Tavern, it's decided." ”

The tavern was dimly lit, and Qian Ning sat in the dark, staring at Fang Yan with a twinkle in his eyes. This guy is weird. is usually a group of kind, like an indecisive good man, but when he really makes an idea, he is so rude and decisive. Is it a sequelae of prison life?

"Ahem. ”

Lao Liu coughed twice, and his heart was a little drumming. Fang Yan gave himself 10% of the shares at once, and also let himself enter the board of directors, he was very satisfied. But he was very worried, hesitated for a long time, and finally asked, "What, this nameless tavern is still mine, right?"

"Yes. ”

"It's not a company, is it? It's my own business......

"It's still yours, Lao Liu. ”

"Then I'm relieved. ”

Fang Yan said again: "But you still have to pay Xiaomu and Wang Yu salaries." Pay me my salary too......"

"Of course, no problem. ”

Wang Yu didn't speak all the time, and then interjected: "I haven't paid my salary last month. ”

Lao Liu was very angry and said, "You still have the face to ask me for a salary? Are you so kind to meow? I can keep you until now, or to see Xiaoyan's face." ”

“……”

Since the short film "Walking Street" won the award in Cannes, Wang Yu's status in the nameless tavern has plummeted, he is always ridiculed, ridiculed, and humiliated by Lao Liu.

"Send it, send ......it," Fang Yan said. "Who else do we need to pay?"

The company hasn't started yet, there's no revenue, and everybody is a shareholder, and everybody says they don't want a salary.

"Sister assistant, how much do you pay a month on SS TV?"

Feng Lu's face turned red again, clasped his hands in front of his chest, and said, "4000." ”

"Forehead ......"

Xiao Mu was stunned and asked, "So little?"

Yu Haiyang was indignant, looked up at the ceiling, and said, "Big sister, our small restaurant downstairs recruits waiters, and it costs 3,500 a month." What are you doing?"

"Insurance, Provident Fund...... Seven buckles and eight buckles, she didn't take as high as the waiter. ”

Fang Yan asked Lao Liu: "How much money do we have in our account?"

This is talking about the money from the sale of t-shirts. After clearing accounts with Qin Yun's foundry, and deducting a large amount of taxes and fees, the store and online earned a total of more than 5.4 million. Fang Yan clapped the board, and everyone present shared an extra 50,000 yuan.

The 5.4 million, calculated according to 10% of the profit, Fang Yan decided to give Uncle Qin Yun a dividend of 550,000 yuan. The rest of the money is used as the company's operating capital.

In addition, the company decided to give Feng Lu a mopping fee of 5,000 yuan per month and Xia Mo an online store fee of 5,000 yuan per month, which will be counted as wages.

"There's a lot of money. Yang Zhenyu sighed.

Qian Ning sneered and said, "This little money is not enough at all." Next, we have to go to the high-tech park to rent an office, which is a big expense. There are also the purchase of equipment, musical instruments, speakers, computers, servers, insurance for everyone, and various taxes. It's not for nothing that China's real economy is so poor......"

"Oh. ”

Fang Yan said: "I don't rent an office. ”

"What?"

Last week, Fang Yan went to the office area of ketchup for a turn, which was an eye-opener. The office area on the first floor is close to 2,000 square meters, and the annual rent is more than 6 million, which is completely unnecessary. At this stage, it would be nice to have a meeting in a nameless tavern.

"Okay. Channing agreed. She is ready to do all kinds of tedious industrial and commercial registration, equity, official seal, finance, human resources work, when she thinks of the next days, her head is going to be big. These people in front of him don't seem to be counted on by anyone.

Fang Yan said to Feng Lu again: "Assistant sister, don't resign from SS first, wait until I finish participating in "Huaxia Singer". ”

"Isn't that okay?"

"Nothing bad. If you quit now, they will give me another assistant, it's too much trouble. ”

"I see. ”

The next morning, Fang Yan told Qin Yun about the company's plan, and Uncle Qin Yun praised Qian Ning all the time, saying that she was a rare management talent.

"But there's one more problem. Qin Yun said. "The members of the board, we all know each other, and it's a bit of a no-brainer. Although we are not a listed company, you can find two more people to be independent directors. ”

Independent directors are directors who do not have equity and are hired by the company to balance the powers of the board of directors. Independent directors are generally some people who are very good at their professions. Apple's chief executive, Tim Cook, for example, is an independent director of Nike.

Very good person, Fang Yan really knows him.

He called Ma Shengguang and said that he was invited to be an independent director. Old man Ma hehehe, he straightened and asked, "Are you and Yuan Yuan coming this weekend?"

"Come on, we'll be here on Saturday. ”

"Well, it's hot, be careful of heat stroke on the road. ”

Old man Ma is an idle cloud and wild crane, and he is quite willing to be an independent director, and he can easily handle it. The next suitable candidate is Cao Weiran, the CEO of ketchup. Fang Yan hesitated a little.

The last time they met, Cao Weiran and Fang Yan both gave each other a very distinct impression. But it wasn't entirely good, especially after Fang Yan refused to add the ketchup.

Fang Yan sent a WeChat message: "Teacher Cao, is it convenient to answer the phone?"

Three seconds later, Cao Weiran called him. Listening to him say a few words, Cao Weiran was speechless, and there was a feeling of indescribability. Last week, Fang Yan said that he wanted to start his own company, thinking he was joking. Unexpectedly, within a few days, the company was established.

Business is not child's play. It was the most brutal battlefield, although not as brutal as the Normandy landings and the Battle of Iwo Jima, but it was almost the same. Cao Weiran held the newly bought Samsung mobile phone, and suddenly thought, this mobile phone will not explode again, right?

"Do you know what an INED does?"

"Forehead ......"

"It's eating and drinking, drinking tea, and drinking together. Do nothing. ”

"I'm asking you to check it. ”

Lao Cao sneered on the other end of the phone, and there was a little more mockery in his voice, and said: "You can set up another quality committee, a quality committee, a supervision department, and an inspection team." Turn your company into a bureaucracy. ”

"No, the company is small, and the partners are all my friends. ”

Lao Cao felt that he was too mean. It is common for young people to start a business, and there is no need to hit it like this. His tone softened, and he said seriously: "Classmate Fang Yan, don't be too impetuous. The record industry is complex, and it's not something you can do on the fly. It is a well-established industrial system accumulated over decades and has its own rules. ”

"I know. Fang Yan estimated that this was also the result. "Okay, thank you, Mr. Cao. ”

"Please make me an independent director...... Do you have any other candidates?"

"There's one more. Martha...... Mr. Ma Shengguang. ”

"Who?"

"Ma Shengguang. ”

A black-and-white photograph came to mind more than 40 years ago, when a thin young man in an ugly suit and a violin stood on the stage smiling humbly and confidently, greeted by a tsunami of applause. A pinnacle of the classical music scene in China, a symbol.

Everyone admires the Taishan Beidou.

Lao Cao's throat was dry, and he felt that there were two possibilities, one was that he had heard it wrong, and the other was that the zombie virus had broken out and the earth was about to be destroyed. He is a pop musician and is usually very conceited, but in front of this music god, he is too far behind.

The circle is different, and he has never had the opportunity to meet Old Man Ma.

He hesitated for a long time and asked, "How do you know Mr. Ma and Mr. Ma?"

"One night, he came to the Nameless Tavern to play with me...... Fang Yan said.

"Isn't he in Yanjing?"

After retiring, he moved to Hangzhou, and they couldn't live without their daughter. He usually grows flowers. ”

"You've been to his house?"

"Well, I did. ”

The Honored Guest of the Master. Cao Weiran has always attached great importance to Fang Yan, but now he understands that he still underestimated this person. He hesitated for a long time and asked, "You also know classical music, don't you like rock 'n' roll?"

"I don't understand the classics. Now ......" Fang Yan remembered the mysterious score, the intricate counterpoint, the unpredictable, sometimes upright, sometimes ruthless and crazy motives. "I don't understand it anymore. ”

“……”

A lot of things are beyond the bounds of common sense. Lao Cao's mind was very confused, and he began to pay attention to Fang Yan's shell company. The deep suspicion subsided, and there was a hint of anticipation, and a certain fear of the unknown.

He said: "Xiao Yan, independent director, I need to think again. ”