Chapter 17 The First General Meeting of Shareholders Next
"According to the current company law, technology can account for up to 70% of the shares, so I think Duke's software can be evaluated as a 70% of the shares, and the remaining 30% will be divided according to the amount of capital contribution.
Cai Siqiang's new plan made Duke and Dong Feng startled, this jump is too big, just now Duke proposed to divide 100% according to the amount of capital contribution, Cai Siqiang pulled it like this, good guy, and suddenly it became only 30%.
"This is not appropriate, you guys will suffer too much in this way" Duke shook his head and said, Cai Siqiang did this, which means that he has become the absolute majority shareholder, and Duke feels as if he has taken advantage of everyone.
"We're not at a loss, Duke, let's put it this way, once this company is set up, and if it puts the software out there, as long as it has more than 10 million downloads within six months, I'm sure I'll sell the company to VCs for at least $100 million to get the first round of investment. Think about it, how much is this thirty percent worth? For $30 million, I promise to make those venture capitalists cry and shout for us to take a stake! Cai Siqiang said categorically.
"Caicai, it seems that the position of CEO of this company is the most suitable for you, none of us is more proficient in business operations than you, if you don't do it, there is no reason, for the billionaire dream of a few buddies, you must support this company, I will take care of the technical things, and you will preside over the operation. Crazy, you just resign and do it together, let's cooperate well and make a name for ourselves together. Duke invited sincerely.
Although this Cai Siqiang usually looks unreliable, but from today's performance, Du Ke is completely impressed, and his ability to start a company seems to be more than ten times stronger than himself and Dong Feng. It is really good for his own fortune plan in the future.
To paraphrase a common saying, what is the most expensive in the 21st century is not talent. In order to earn tens of billions of wealth in the future, Duke must have the help of talents in all aspects to complete it, otherwise no matter how clever the technology is, the business operation will not be successful and the results will not be great. If this company can really develop rapidly under the management of Cai Siqiang, it proves that Cai Siqiang is indeed a business material, and Duke will definitely be a comrade-in-arms who can rely on this kind of knowledgeable talent, and strive to create a new business legend together.
Duke knows that the biggest difficulty in converting the technology mastered by Kerry, an artifact, into real products and then into wealth, is not in technology, but in business operations, and Kerry can't help at all in this field, everything depends on his own talent and hard work, but unfortunately through more than 20 years of experience, he is too mediocre in this regard.
In the face of Duke's invitation, Cai Siqiang was moved, but Dong Feng was a little hesitant. So sometimes the vision determines your world, Cai Siqiang not only saw the great prospects of Duke's current product, but also found that Duke showed an almost genius side in technology, but what is the reason why Duke did not show it before, but as soon as the voice input method came out, Cai Siqiang knew that at least in the field of speech recognition, Duke was already a world-class expert.
The most important thing for a technology-based enterprise is to have one or two genius-level technical experts to lead, so Cai Siqiang is willing to give up everything and work hard together;
Dong Feng is a little uncertain about the prospects of this product, maybe this product will be a big hit as Cai Siqiang said, and it will rise like a comet in a short period of time, but if it is not successful, his current job salary is good, and it will not be easy to find such a job once he gives up, so Dong Feng is really difficult to choose in the face of this opportunity.
"I did it. Duke, my brother is relying on you to make a fortune this time. Cai Siqiang immediately said, "Crazy, did you resign or only buy shares?" Don't blame my brother for not reminding you, this is a promising thing and worth doing. Cai Siqiang turned his head to Dong Feng and asked.
Dong Feng hesitated a little, and thought about it for a while before saying: "I'll still buy shares, Duke, since Caicai said so surely, then I will buy shares, but my money is not too much, I will invest 50,000 shares." The money will have to wait for me to pay my salary in installments. Dong Feng was ruthless, ready to smash in half a year's income, anyway, he was still young, and if he lost 50,000 yuan, he would lose it, and he could afford it.
The voice input method developed by Duke is really magical, in case you really want to sell hundreds of millions of dollars as Cai Siqiang said, the 50,000 you invested is several times dozens of times.
In this way, it can be attacked, retreated can be defended, and it is more secure. To be honest, Dong Feng is actually very satisfied with this job now, after all, he also passed five levels and cut six generals at the beginning, and it was really painful to give up like this.
"Okay, call Brother Wu and ask him what he means." Cai Siqiang was not reluctant, and immediately called Zhao Jianwu's phone, Zhao Jianwu on the other side of the phone did not see the very shocking demonstration on the scene, but still happily said that he invested 50,000 yuan, but he still had to pay wages to be able to make money, in Zhao Jianwu's mind, the 50,000 yuan was just a friendship sponsorship to pull a brother, and basically did not think much about the income.
As for resigning and coming to work together, it's too early to talk about this, after all, his work is not easy, and he can barely be regarded as a gold-collar family, so it's not easy to say that it is easy to give up now, let alone listen to Cai Siqiang on the phone.
After such a circle of negotiation, the new company developed four shareholders, of which Duke was ready to invest 500,000 yuan, Dong Feng and Zhao Jianwu invested 50,000 yuan respectively, Cai Siqiang originally wanted to take more money from his family to invest in it, but in the end, considering the cutting of the shares of the entire investment, he finally invested 400,000 yuan to become the second shareholder.
Under Cai Siqiang's proposal, the cash shares were converted into 30 percent of the shares, so the cash part, Duke accounted for 15 percent of the shares, Cai Siqiang 12 percent, and Dong Feng and Zhao Jianwu each 1.5 percent.
The voice input software developed by Duke originally accounted for 70% of the shares, and Duke took out 20% of them as non-voting preferred shares for management incentives, which was specially designed by Cai Siqiang for the shares given up by Duke, the purpose of which was to use the management as an incentive for the work performance of the management on the one hand, to participate in the company's profit dividends, and on the other hand, to avoid the management from using these shares to encroach on the interests of shareholders in disguise, or even to oppose customers.
Don't look at Cai Siqiang is now the CEO, but in terms of the company's structure, he has considered preparing for a rainy day in the future era of professional managers. Of course, Duke and Dong Feng and others don't understand these things. As for the name of the company, it is called SoundAIltd, referred to as SAL
In this way, Duke's first company appeared, and Duke, as the founder and CTO, was the largest shareholder of the company, with 65 percent of the voting shares and 5 percent of the preferred shares.
Cai Siqiang is the second largest shareholder, with 15% of the voting shares and 5% of the preferred shares, and Dong Feng and Zhao Jianwu each have 1.5% of the voting shares.
The company's cash contribution reached 1 million, but it was all received in installments, with Duke investing 50,000 yuan in advance and Cai Siqiang investing 200,000 yuan. The remaining 10 percent of preferred stock is reserved for future executives such as CFOs.
Cai Siqiang basically did not hold any important things in the original company, so after submitting the resignation report, the company quickly approved the departure, the company name, drafting the articles of association, registering the company, registering software copyrights, evaluating the value of software, finding an office, etc., should be established related affairs naturally became the glorious responsibility of Cai Siqiang, the CEO of the light pole.
And Duke as CTO,Concentrate on the final transformation before the release of the software,Mainly to add an advertising module to the voice input method,In Cai Siqiang's profit model,This is the main source of income for the free version of the public,As for the mobile phone version and the commercial pre-installed version,It is easy to operate after the free version of the public opens the market。