Chapter Sixty-Eight: Ma Feng Can Do This, You Can't

In another time and space, in August 2005, Ye Weilun finally left Microsoft China, gave up his position as vice president, and moved to Trend Micro, a security and software company with a much lower scale and status.

Trend Micro in 05 is also an international giant in the field of professional security. After all, it is a veteran software killing company founded in Silicon Valley in 1988, which can be said to have the same life as the Internet.

However, domestic netizens have basically never heard of this company. Even if there was no-stirring stick like 361 at that time, the Chinese people used products such as Jiangmin, Jinshan, Norton, and Kaba.

The first reason is that Trend Micro stuff is too expensive, and the cost of technical support is also high. Second, because Trend Micro's marketing strategy has always focused on corporate customers and professional customers, and it is somewhat dismissive of ordinary Internet users. This also explains why ordinary people have never heard of this product, and only the engineers in the information centers of large enterprises know about this brand.

But Ye Weilun jumped ship and went there, and the reason, according to the later decrypted statement, was that the boss of Trend Micro felt the pain of the transformation of the times: he felt that he had reached the turning point of the era in 05, and the era of maintaining the company by deeply cultivating professional customers and large enterprise customers was almost over.

With the explosive growth of the proportion of ordinary non-professional Internet users among Internet users, the future era is to win the world.

This idea coincides with the hidden pain point that Ye Weilun felt at Microsoft. After the two sides had a deep talk, they hated each other late, which contributed to Ye Weilun's job hopping.

Unfortunately, it backfires, and it's easy for a person to know that the path they are taking is problematic and needs to be reformed. But it is another matter to be truly determined to succeed in reform, and it is much more difficult.

There are so many dynastic empires in the past dynasties, knowing that their political power is full of shortcomings and needs to be reformed, but in the end, even if it perishes, it cannot be changed, because it is anesthetized by the benefits of vested interests.

After Ye Weilun went to Trend Micro. found that in addition to the boss and him, the rest of the departments were full of resistance, and they couldn't make a name for themselves for a year, but Zhou Hongyi, who had no historical burden on the other end, went into battle lightly and directly sacrificed the big killer of "forever free". Kill all the opponents who are still hiding there and ready to play the discount.

People are directly free, your discount and woolen appeal?

This is a person who already knows that he should change his own life, but he just hesitates and can't make a poisonous move; The tragic story of being finally killed by the enemy.

Not all leaders in the world have the determination to "use fierce medicine to cure scabies, re-enforce chaos and control chaos, scrape bones to cure poison, and break the wrists of strong men".

Since then, Ye Weilun has been disheartened again. Jumped ship to Blizzard and became the president of Blizzard China, of course, those are all later.

……

History cannot be assumed, but some coincidences can be subtly set aside: what if the historical Zhou Hongyi was born a year or two earlier? What if before Ye Weilun jumped to Trend Micro, Zhou Hongyi entered the software and security industry, and took out the banner of "forever free", which is a firm position and always stands on the position of deeply cultivating ordinary netizen users?

Will Ye Weilun still choose to go to Trend Micro? Or would you rather endure the decline in income and status in a short period of time and go directly to 361 as president?

It is impossible for Zhou Hongyi to be born a year or two in advance, but Gu Mojie in this time and space can.

Last year, Tang Jun jumped ship to become the president of Shanda and the senior management of Microsoft China. Gu Mojie gorgeously entered the field of free security software, and a beautiful combination of punches knocked down the combination of Hou Yantang and Zhou Hongyi, and the cutting-edge spirit was fully displayed for a while.

Ye Weilun, who has always paid attention to the transformation model of the security market, cannot fail to notice Gu Mojie's movements. Combined with his behavior model of switching to a game company after being unsuccessful in the future, Gu Mojie's series of developments since then are simply customized for what Ye Weilun wants.

If he works under such a person, then even if the boss is 20 years younger than him, even if the company's current equity incentive policy is still vague, Ye Weilun is willing to put down his body and try to get in touch.

To know. Chen Tianqiao, who is one of the shareholders of the "Jiangnan Club" with Gu Mojie, spent a full 1 billion market value of Shanda stock options to move Tang Jun from the president of Microsoft China to the position of president of Shanda.

Although Ye Weilun was only Tang Jun's deputy when he was at Microsoft, his worth was not as high as Tang Jun. But he is directly responsible for the enterprise business unit. It's the biggest part of Microsoft's revenue in China, so Ye Weilun is also the top three in terms of value among the vice presidents.

To dig Tang Jun, you need 1 billion shares, and to dig Ye Weilun, according to the original market rules, you can get two or three hundred million. If the brand of the company itself is not hard enough, it needs Ye Weilun's fame and connections to support the field. Four or five hundred million is not impossible.

Hatsune Network Technology has been established for two years, and there is no clear share option plan. So far, the biggest team placement incentive happened when Zou Sheng came to take refuge, when Zou Sheng's team was valued at 5 million, accounting for 1% of Hatsune Network Technology, and it was shared by Zou Sheng and his subordinates, and Zou Sheng personally accounted for only half of them.

What's more, Gu Mojie's offshore business in the United States through Google and Jeff Hinton had nothing to do with Hatsune Network Technology Ontology, and Zou Sheng and others in that part of the newly established company did not have the slightest benefit from share options, so those people's shares were diluted halfway.

Therefore, even if Hatsune Network Technology has grown tenfold in the past year or so, except for Gu Mojie himself, Lu Wenjun and Zhou Lixin, the equity of the rest of the outsiders in the company has not exceeded the market value of 30 million.

Zou Shengshu is currently the number one minority shareholder in the company, and if the company is realized now, his equity in hand can probably be worth more than 20 million. The second is Shengwei, which accounts for about 15 million by relying on the resources in botnets and cloud security at the beginning. THERE ARE ALSO THE THREE FOUNDERS OF YOUTUBE SUCH AS CHEN SHIJUN AND HURLEY, BECAUSE THEY JOINED HATSUNE RELATIVELY LATE, AND THEY CHOSE TO PAY OFF THEIR DEBTS DIRECTLY WITH CASH, SO THEIR SHARES ARE RELATIVELY SMALL, AND EACH PERSON IS LESS THAN 10 MILLION YUAN.

Further down, Toronto-based high-achieving student Yan Lei and others. Although Yan Lei is a rare specialized talent, there are less than 50 deep algorithm experts on the earth today, but he still lives on a monthly salary of 200,000 yuan, and the company's dividends have nothing to do with him.

A company with a maximum of 20 or 30 million shares held by its management is going to suddenly be stuffed into a predator with options of 200 or 300 million. What would the original patriarchs think? How to deal with it so as not to chill the hearts of a certain faction?

These are all problems that Gu Mojie has to deal with well.

……

Gu Mojie and Ye Weilun chatted very happily, and in less than half an hour, they were all done in terms of their intention to change jobs. Gu Mojie just needs such a talent who knows how to manage the group's customer-oriented Internet enterprises, but at the same time is willing to transform, to make up for his shortcomings.

The core contradiction that remains. It's how to deal with treatment.

Ye Weilun had obviously done his homework and knew about the situation on Hatsune Network. If he asks for an option that is 10 times higher than the person who has the most options in the current management of Hatsune besides the boss, Hatsune Network will not be able to manage it.

In order to get this treatment, Ye Weilun first had to help Gu Mo make outstanding plans and come up with a reliable top-level design. As a petition for nomination.

Ye Weilun took out a plan prepared in advance and talked eloquently: "JAY, I know that when you cooperated with Google last year, you helped you run some legal measures and registered a bunch of American companies through the business relationship of Guò Tiance Law Firm. Many new businesses that did not rely on the internal resources of Hatsune Network Technology have been transferred out to avoid being overpaid by Zou Sheng and Sheng Wei lying on the credit book.

There's nothing wrong with that, but it's a stopgap measure. You are now personally holding a large number of shares, and there will be no hidden dangers exposed. Over time, there will always be strong investors to cooperate with more in-depth models. These hidden dangers must be removed. Moreover, if you are willing to do this, I naturally have a way to let me get my fair share from Hatsune Network, and I promise not to provoke the dissatisfaction of Zou Sheng, Sheng Wei and others. You can take a look at this thing. ”

As he spoke, Ye Weilun pushed the thing in front of Gu Mojie. Gu Mojie looked through it and muttered to himself.

"Registering an offshore company located outside of China and the United States? And reorganized into a multi-tier structure of the group company? Aunt Fei mentioned these to me last year, but after a series of legal operations, the cost of millions of legal expenses is still required. But at that time, I was the majority shareholder of the company. I personally hold shares in a number of parallel companies, and there is no problem, so I just put it on hold.

This is not a creative idea, is it just to register the group in the Cayman Islands. And then do a series of foreign exchange processing, I know. Several major Internet giants in China have registered their group companies in the Cayman Islands, and their subsidiaries are registered in various countries, and it seems that even Master Kong, who makes instant noodles, has learned this trick. ”

Gu Mojie was obviously trying to prove in front of Ye Weilun that he was also knowledgeable, if Ye Weilun only spit out such a little bit of dry goods, it would not be a new idea.

As everyone knows. Small offshore companies prefer to look to Hong Kong or the Marshall Islands. However, the larger ones are still the most mainstream offshore islands such as the Cayman Islands.

The biggest advantage of the Cayman Islands is that there is no foreign exchange control at all, even if billions of dollars of capital enter the country today and suddenly leave the country the next day, the official will not let go of a single fart, and the capitalists will toss it around. All foreign exchange, come as you want, go as you want, and are completely as free as a public toilet.

Of course, among the smaller countries, there are also those who have completely waived foreign exchange control rights in order to attract foreign investment, and the Cayman Islands is not the only one. At this time, the Cayman Islands' tax exemption on capital gains and the quality of judicial services have played a great competitive advantage. In the end, the Cayman Islands have more advantages than other island countries in the Antilles in the Caribbean.

Gu Mojie thought he was very knowledgeable, but Ye Weilun interrupted him.

"No, no, no, I don't think it should be the Cayman Islands - JAY, I hope you understand. Ahri Group can be registered in the Cayman Islands, Baidu can also, and your old rival Zhou Hongyi's 361 can also be, but you can't. ”

Gu Mojie finally felt that his concentration had been mobilized.

"Oh? Why? ”

"Ma Feng, Li Yanhong, Zhou Hongyi, in order to avoid taxes and facilitate management, they chose to register the group company in the Cayman Islands. But what about the subject matter of their business? They have always been Internet companies that only do the Chinese market, so they don't need to think about the jurisdiction of the overseas market, and a series of other issues that come with it.

But you're different. JAY, you have already cooperated with Google's Lali Page and Jeff Hinton last year, and in the future, your Google Cloud security products will be widely developed in overseas markets, even mainly in the US market. At this point, of course, you need to consider the jurisdiction of the European and American markets, especially the US market. Think about it: Will Microsoft register in the Cayman Islands? Will Google register to the Cayman Islands? ”

Gu Mojie understands in seconds.

Registration in the Cayman Islands is only applicable to those who "a Chinese boss wants to do business with Chinese, but is not willing to keep the capital registered in China".

This is also the case for those who go to Hong Kong.

However, Gu Mojie's heart is bigger than Ma Feng and Li Yanhong, he is not willing to only do Chinese business, he wants to go to the world. At this time, the British jurisdiction style of the Cayman Islands is a bit insufficient.

This is similar to why companies that mainly target the European market are registered in the Jersey Islands, an archipelago located between the English Channel and the United Kingdom and France. From the point of view of international law, the Jersey Islands belong neither to the United Kingdom nor to France, but are merely private possessions of the British Crown. It is the inheritance of the territory left by the ancestor of "William the Conqueror" more than 1,000 years ago when he was still the Duke of Normandy)

Or Liechtenstein.

Targeting the North American market, Grenada will be chosen, as well as several other Andelles.

Gu Mojie thought about it for a moment, and instantly became modest: "So, which countries do you think Hatsune Group's business will be in the future?" Where should I register? ”

"I think the top group should be in the Bahamas, Nassau. Secondary holding companies can only be considered for the Cayman Islands and Grenada. As for the European offshore center, it is not too late to deal with it slowly in the future when the business develops.

In addition, in this process, I need a separate shell, enough for me to operate well, I will develop a business, come to get my part of the benefits in a dignified manner, and convince the old people of the company. Of course, I need the necessary support in this process. ”

Gu Mojie agreed: "No problem, as long as it is not a pioneering business that uses the company's existing customer resources, I will not hesitate to reward the development team with heavy rewards, and it will be calculated according to 30% of the gross profit." However, for now, let's complete the top-level design of the group as you said. ”

Ye Weilun got up, shook hands with Gu Mojie, and asked confidently: "Then it's decided, but during this trial period, what is my identity?" ”

Gu Mojie thought for a while and said bluntly: "Just follow the COO first, COO, if you have any problems, report to me directly." ”

The CEO must be a person who has both the capacity of director and general manager. The absolute equity of Hatsune Network is only in the hands of Gu Mojie alone, and of course he will not directly give the CEO to others.

Giving a COO is already equivalent to the presidents of other companies who do not have a controlling stake. Ye Weilun only needs to report to Gu Mojie alone.

(The following is not counted as a word count, because yesterday I found that the pirate website would not reprint the message of the www.biquge.info of Biquge, so I had to leave it behind the text.) In this chapter, I would like to thank the book friends for the helmsman of "Next Year". In addition, it is agreed that the regulations for the addition of this book will be changed in the future, regardless of the results of this book, the cumulative completion of one hall master, ten thousand words on the same day. The helmsman tries to add more, but there is no 100% guarantee, the alliance leader has 2W words on the same day and 1W words the next day. If there is any debt, it must be paid off. (To be continued.) )