Chapter 69 Equity Incentive System!

On April 30, the top domestic news media and even some well-known foreign media all focused on the Hangzhou Stadium.

Countless people with flashing lights couldn't open their eyes, and the shutter pressed as if their hands were twitching.

In full view of the public and the media, several top capitals and Chinese Internet giant Neutron Star Pan Entertainment Group signed financing agreements here......

SoftBank of the island country, Sequoia, KPCB, DFJ, IDG, five of the world's top capitals valued Neutron Star Pan Entertainment Group at a valuation of 20 billion US dollars, and invested 5 billion US dollars to account for 25% of the shares!

Among them, SoftBank alone won 10% of the shares, and the remaining 15% was divided equally by Sequoia, KPCB, DFJ, and IDG!

IDG and KPCB each won 5%, Sequoia, which obtained the highest rate of return with a small investment, won 2.5%, and the last 2.5% was pocketed by DFJ!

An Internet company founded less than a year ago, its valuation has surpassed many old giants, and it has begun to chase Teng Xun, the largest Internet company in China!

When the financing agreement was signed, the shocking news spread around the world in an instant with the departing media, and countless technology, finance, gossip newspapers, and online media spread the news like crazy.

In the afternoon of the same day, everyone who saw the news was shocked, including the three giants of BAT!

With 25% of the shares and $5 billion in financing, at the current exchange rate of 6.9, Neutron Star Pan Entertainment Group instantly got nearly 34.5 billion yuan of development funds!

The financing amount of 34.5 billion yuan is simply astronomical, and many people will never see such a huge amount of money in their lives!

According to BAT's public financial report for the whole year last year, the three giants together were less than 30 billion, not to mention Baidu and Ali Baba, and Teng Xun, who had the best revenue, was less than 10 billion.

If such a huge flow of funds arrives, it will allow Neutron Star Pan Entertainment Group to enter the super fast lane, and the development speed will not stop for several years.

Constantly burning money, coupled with a good profit, entering a well-formulated strategic field, the pan-entertainment plan will definitely be realized in advance!

$5 billion, may be the largest single financing in the entire 2009, and it cannot be surpassed for a long time, this is just the A round of financing of Neutron Star Pan Entertainment Group......

In the next few years, in the era of the complete explosion of the mobile Internet, there will be countless tens of billions of dollars in financing, but no company has ever been able to obtain a valuation of $20 billion in Series A and raise a huge amount of $5 billion!

It can be imagined that when the IPO of Neutron Star Pan Entertainment Group comes, it will be a terrifying event, and it may become the largest fundraising in history!

With the 34.5 billion yuan of funds obtained today, it far exceeds the current market value of many companies!

It may not take many years for the pan-entertainment group, which is controlled by Neutron Star Technology Group, to become one of the world's top 500 companies.

Such a crazy situation can only occur in the technology industry, and only in the ever-changing technology field......

The speed of technological development is obvious to all!

Some people say that the fastest way in the world to make money without breaking the law is to buy lottery tickets.

The value of the tech tycoons on the Forbes list is enough for you to win five million a day, and you won't be able to see their backs until you die!

......

Neutron Star Pan Entertainment's sky-high financing! β€”β€”Yicai!

In-depth revelation of why Neutron Star Pan Entertainment Group has such a terrifying valuation! β€”β€”Wangyi News!

In the surging tech industry, will you be the next neutron star? - Science and Technology Daily!

The crazy reports of the media have made the news of Neutron Star Pan Entertainment Group fly all over the sky and become more and more intense!

Jealous, envious, and dismissive netizens abound!

"What about high valuations? Not yet making money for foreigners? Garbage ......"

"Obviously the development is good? Why bother to raise money to divide the shares? ”

"What I learned is this knowledge, and I have calculated several times in private, the normal valuation of Neutron Star Pan Entertainment should be around 10 billion US dollars, how can there be so much 20 billion? This news can't be fake! ”

"Not to mention the number of users of Weibo, music platforms and game platforms will definitely explode next, maybe Boss Zhong has drawn a big pie for the capital side?"

"What kind of pie can make the capital that eats people and does not spit out bones pay an extra $10 billion? Are they all stupid? ”

"Retarded! Have you seen the press conference of the neutron star a few days ago? If that awesome game platform can't dominate the game market in the future, I'll screw my head off and kick you as a ball! Stand up as proof!! ”

"34.5 billion yuan, if you give it to me, I won't be able to spend it in ten lifetimes!!"

"What about a lot of money? Without entrepreneurship, Lao Tzu would never touch anything from the neutron star in his life! ”

......

People who hate the rich have a reason to spray people everywhere, and for a while, such news was noisy......

Zhong Zixing didn't have time to care about others, and after the financing agreement was signed, he immediately returned to the company.

After sitting in the office and thinking for a while, I decided to start issuing the equity incentive plan according to the agreement!

After the completion of the financing, Zhong Zixing has changed from the original 100% stake to 75% of the shares of Neutron Star Pan Entertainment Group, with Softbank accounting for 10%, IDG accounting for 5%, Kleiner Perkins Huaying accounting for 5%, Sequoia accounting for 2.5%, and Defengjie accounting for 2.5%!

Six people who hold the shares of Pan Entertainment Group set up a board of directors, and in the agreement, each company must take out one-tenth of the shares and put it into the option pool to implement equity incentives!

The so-called equity incentive system is a long-term incentive mechanism implemented by an enterprise in order to attract, motivate and retain core talents.

The enterprise conditionally gives part or all of the shareholders' rights and interests to the incentive object, so that it can form a community of interests with the enterprise, so as to achieve the long-term development goals of the enterprise.

This is not unusual for a world-class company, and almost every company has an option pool to reward employees and attract talent.

Zhong Zixing didn't have anything to agree with, and he signed his name on the spot when he signed the agreement.

Taking out a tenth of the shares, he went from 75% to 67.5%, Softbank to 9%, IDG 4.5%, KPCB 4.5%, Sequoia 2.25%, and Defengjie 2.25%!

Exactly 10% of the stake in the option pool!

Zhong Zixing owns 67.5%, which is just the absolute controlling ......

Because the financing is in accordance with the AB equity system, even if he does not have 67.5% of the shares, he still has more than 90% of the right to speak.

Even if the absolute control of this subsidiary is lost in the future, the technology of the technology group is still there, and the authorization can be stopped at any time.

After the company's employees get the shares from the option pool, if they want to sell them, Zhong Zixing has the right to give priority to recovering the shares at the market price!

The agreement also mentions that after the completion of the financing of Neutron Star Pan Entertainment Group, it needs to be listed at a valuation of at least 50 billion US dollars in the next five years.

Everything is ready, the company can speed up its development with a huge flow of funds, and a $50 billion listing is nothing at all.

Zhong Zixing made a pot of tea and sat quietly in the office alone and pondered.