Chapter 1166 Class Division, Li Dong's Narcissism!

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Shen Nanpeng pondered for a while, and then slowly said: "Mr. Li, do you have a detailed plan for Weibo's B-round financing plan?"

Li Dong didn't answer, he glanced at Wang Xin and said, "Director Wang, have you come up with a plan? Let's talk about it roughly, and listen to everyone's opinions, and we can't let our family decide whether it is right or not."

Everyone didn't take this seriously, and the financing plan was really decided by Yuanfang's family.

Of course, unless the plan is really difficult to accept, otherwise everyone has no opinion.

Seeing everyone looking at him, Wang Xin was a little excited.

Shen Nanpeng from Sequoia, Xiong Xiaoge from idg, he actually knows these people.

In the past, when he was looking for investment, he looked for these people.

But to put it bluntly, when he came to look for investment, these people would show up at most, and didn't even say a word.

Under normal circumstances, it is the manager below who receives him, and that is considered a face-saving gesture.

But now?

In Wang Xin's eyes, these investors who are awesome and can't be more awesome, in front of Li Dong, don't say they are like grandsons, they really don't have much say.

Li Dong said how to distribute, so distribute it in that way.

When Li Dong talked about financing, he didn’t even say hello beforehand, he started to make a plan by himself, and then he said hello casually afterwards, and he opened his mouth without being arbitrary, and everyone discussed together.

The fact is the opposite, Weibo financing is entirely done by Li Dong.

And people like Shen Nanpeng couldn't express their dissatisfaction yet.

It's not that they are cheap, everyone is a respectable person anyway, and in fact, they also want to save face.

However, for businessmen, sometimes face is not as important as profit.

What is the purpose of venture capital institutions?

It is not used for some enterprises, it is ideal and future, the purpose of venture capital is only one, to make money!

Weibo can make money, so what else?

As long as it can benefit them,

No matter what Li Dong said, unless they touched their cake, otherwise everyone will listen to you.

But once Weibo can no longer bring benefits to everyone, it is normal for these investors who are now grandsons to turn their heads and deny people.

After all, Wang Xin still didn't quite understand these things, and only saw some superficial things.

Li Dong has already seen through it.

If he can bring large profits to investors, then he will be strong. If you don’t come, some people will rush to come. I have no shortage of investors.

If the valuation of Weibo has plummeted and a large number of users are lost, then Li Dong may not be so strong.

It's just a change in the relationship between supply and demand. The so-called strength is based on capital.

Without this foundation, Shen Nanpeng and the others are not so easy to talk to.

...

A thought flashed through Wang Xin's mind.

Soon, Wang Xin came to his senses. He is now the director of Weibo's content operation department, and he actually focuses on the overall affairs of the international version.

Apart from Liu Hong, the part-time boss, Weibo now has a vice president and several directors. According to real power, he is the third person in Weibo.

Today's meeting, the financing plan was made by him.

When the mood calmed down, Wang Xin was also the founder of many websites, so it wouldn't be so embarrassing.

After exhaling lightly, Wang Xin said: "The financing this time is mainly for the expansion and platform construction of the international version.

The company intends to set up servers abroad, or even set up idc data centers abroad, to improve the experience of foreign users...

In addition, for publicity and market competition, the first goal given to us by the group is to defeat Titter's market share in foreign countries.

Many people say that Weibo is the domestic version of Titter, but this is not the case!

We are not China's version of Titter. Whether it is functions, projects, or user experience, including user stickiness, Weibo is not comparable to Titter.

So this time we want to prove to everyone that Weibo is just Weibo..."

Wang Xin talked a lot of nonsense, and Li Dong didn't bother to interrupt him.

In fact, Weibo was born out of Titter and Facebook, which cannot be denied.

Li Dong didn't bother to do the trick, but if the domestic version of Weibo defeated the original version of Titter, that would be a miracle, and it would be more challenging.

What Wang Xin said, Li Dong didn't refute or agree, anyway, he took it as his own complaints, just listen to it.

Wang Xin probably also knew that it was hard to say too much, the more he explained, the more guilty he felt, so he stopped talking after a few words.

Next, Wang Xin returned to the topic: "According to Mr. Li's instructions, we made a simple financing plan, you can take a look."

After all, Liu Hong's secretary got up and sent a document to everyone.

Several people picked up the document and looked at it for a while. After a while, Shen Nanpeng said: "Finance of 500 million US dollars? Continue to issue 50 million additional shares?"

Wang Xin nodded and said: "500 million US dollars is actually less than 3.5 billion yuan.

At present, Weibo needs so much money if it wants to gain a worldwide reputation and expand its competitiveness.

Moreover, we are not without domestic competitors. The current Sina Weibo and Tencent Weibo are all trying to seize our market.

In order to consolidate our position and continue to increase market share, the domestic market cannot be ignored.

So 500 million US dollars is a more appropriate figure.

50 million new shares were added, bringing the total share capital to 260 million shares, and the dilution ratio is also within a controllable range. "

If calculated based on the total share capital of 260 million shares, Yuanfang maintains the original share capital of 160 million shares, diluting the original 80% shareholding to about 5%.

But don't forget, the options are still in the hands of Yuanfang's employees, and with the 10 million shares added up, Yuanfang still holds more than 65% of the shares.

Sequoia and idg were diluted to 38% of the total shares, Baidu was diluted to 85%, and Victoria Harbor was the least, directly diluted to 77%.

The shareholding ratio is so low that it obviously does not make everyone too satisfied.

Shen Nanpeng thought for a while and said: "We signed an agreement before, we have the priority, and the maximum shareholding ratio is limited to 15%.

This round of financing, we continue to increase investment, should it be within the scope of the agreement? "

Wang Xin couldn't help but glanced at Li Dong, who smiled lightly and said, "If you have money, you can invest, I have no problem with that.

However, it is better to introduce more institutions, so that everyone can earn money.

Although Sequoia and idg have a certain influence in Europe and the United States, to be honest, we cannot promote the international version alone.

Money comes second. Our main goal this time is to open up the international market.

At that time, is the time to really make a lot of money, how many people think? "

Everyone couldn't help but nodded. No matter how many shares they hold, the international market cannot be opened, and the risk will increase greatly.

If we bring in several investment institutions from other countries to help Weibo open up the local market, that would be called earning money.

However, the increase in holdings has to be increased, and the 5% stake is obviously not satisfactory to the two companies.

Not to mention them, the person in charge of the Victoria Harbor also hurriedly said: "Mr. Li, after the b round, our shareholding ratio will be less than 1%.

Our idea is to maintain a 1% ratio and continue to increase our holdings by 600,000 shares..."

Li Dong interrupted: "Wei Harbor didn't sign a priority agreement, just follow the routine.

We will announce it to the public when the plan is perfected in the later stage, and you can participate in the quotation at that time.

As for whether it is 600,000 shares or 6 million shares, you can decide for yourself, so you don't need to tell me about it.

I am not involved in the specific financing process, I only look at the results, if you have any opinions, you can discuss them with President Liu and Director Wang.

The general plan is like this. If you have any opinions, you can discuss it yourself, and I will not participate. "

He said he would not participate, but everyone was relieved.

Discussing things with Liu Hong and the others didn't feel too much pressure.

Discuss with Li Dong, it really depends on people's faces.

But just when Li Dong was about to leave, Shen Nanpeng said suddenly: "Mr. Li, have you considered Wanka for financing?"

"Wanka!"

The eyes of Xiong Xiaoge and the person in charge of Victoria Harbor lit up!

Wanka is now the focus of the Internet industry!

This is the core part of Internet finance, especially since Li Dong now releases the mobile version of Wancard, and he has opened up a new world for the mobile payment system.

There is also the emergence of balance accounts, which also made everyone smell fishy.

Once Vancard raises funds, it may not be worth much now, but when the online balance account is opened and the payment license is officially issued, there may be a tenfold or a hundredfold increase.

As soon as they spoke, Li Dong chuckled and said, "Wanka will not raise funds for the time being, it's not that I reject it, it's mainly because it's inconvenient now.

Everyone knows the situation, the research team has settled in Wanka, now Wanka and non-compliance are both problems.

In this case, I have to think about investors.

For things that are not clear in the future, I will not let everyone take risks with me.

If Wanka failed the inspection this time, wouldn't it be a trap for everyone? "

Shen Nanpeng laughed dryly, but he sighed in his heart. He said it in a high-sounding way, but he still didn't want to.

There are risks, of course.

But what kind of organization are you?

Venture capitalists!

It is venture capital. The greater the risk, the greater the return.

Even if Vancard did not pass the inspection this time, in everyone's opinion, the opening up of the online payment field is inevitable.

At present, Wanka, which occupies the second market share in the online payment field of Huaxia Internet, is likely to surpass Alipay and become the number one. Even if other businesses cannot be opened, the payment business alone has great prospects.

As long as Li Dong doesn't quote randomly, the possibility of losing money is very small.

After thinking about it, Li Dong doesn't want to raise money, the money can't be sent out, and they can't force Li Dong to take the money.

Rejected by Li Dong, everyone had to discuss Weibo financing again.

Weibo issued 50 million new shares and planned to raise 500 million US dollars, which does not mean that the actual situation must be like this.

The 50 million share capital is considered fixed, but the financing result may be that it has raised 600 million US dollars, which is higher than the planned valuation, or it may be 400 million US dollars, which is lower than the plan.

These are all possible, but now the main thing is to perfect the plan, make it public, and wait for other institutions to quote.

Perhaps the final valuation of Weibo is more than they expected, and that is normal, and several institutions also hope that it will be more than expected, so that they can earn more.

A good plan and publicity method, as well as a good financial report, will cause a big change in the valuation of the company.

As for these, the experience of Yuanfang is obviously not as much as that of several venture capital institutions.

idg and Sequoia are strong players in this area. If they make a new plan, others may give hundreds of millions more than Yuanfang's own plan after looking at the data.

...

They discuss theirs, and Li Dong doesn't stay long.

Weibo is not the only one in the distance, Li Dong generally just asks, but there is no need to follow up the whole process.

Coming out of the meeting room, Li Dong went straight to Yuan Chengdao's office.

As soon as Li Dong arrived, Yuan Chengdao hurriedly got up to greet him.

Li Dong pressed his hands and said: "Sit down and talk, don't be polite to me. I came to you this time mainly because I have something to discuss with you."

Yuan Chengdao hurriedly said, "Say it."

"Yuanfang's system has gradually become clear, and the ranks of employees have gradually been fixed.

However, in many cases, the division of ranks is not very clear.

It's okay to be in subsidiaries and subgroups at ordinary times, and the unified ranks are easy to distinguish.

But after all, there is not only one company in Yuanfang, so I am going to make a change in the ranks of the entire group to make the employee rank system more clear. "

Yuan Chengdao hurriedly said, "Actually, I've been thinking about this for a long time, but..."

Li Dong frowned and said, "What?"

It's not that he insists on promoting hierarchy, nor does he insist on dividing people into different categories.

But this is a must!

Hierarchy exists at any time, and the distance is not a roadside stall. If you call big brother and I call second child, that is brotherhood.

As a large group, Yuanfang has always had a clear hierarchy.

However, because the expansion is too fast, the sub-group itself is also expanding, and now the whole system seems a bit chaotic.

Meetings with senior executives are okay, and meetings with middle management often occur. I obviously have a high position in the subsidiary, but when I arrive at the headquarters, I can sit in front of me personally. Sometimes the seat is not arranged in advance, and there are often confusions.

In fact, Li Dong didn't need to mention this matter, Yuan Chengdao should do it himself.

But up to now, Yuan Chengdao hasn't done it yet, and it seems that he has concerns. Li Dong would like to hear what concerns he has.

Seeing Li Dong frowning, Yuan Chengdao no longer concealed it, and sighed softly: "In fact, I have always wanted to do the unification of ranks, but the key point is the cost.

In fact, Mr. Li, you may not be very clear.

They are both in the management position and at the manager level. The managers of Yuanfang Supermarket all start with a basic salary of 10,000 yuan, and even the supermarket side is not very unified.

The manager of Yuanfang Technology has a basic salary of only about 8,000.

When it comes to logistics, the manager-level basic salary is only more than 6,000.

And Dongyu's side is similar to logistics.

Although everyone usually complains, the basic salary is not the only income for everyone, so it doesn't matter too much.

Now if the ranks are unified, the wages cannot be reduced, they have to be added. For this alone, the manager level has to be raised to 10,000.

There are nearly 200 managers in Yuanfang. For this alone, the monthly expenditure will be 500,000 more, which is 6 million for the whole year.

And this is only at the manager level, there are more executives at the lower level.

If we implement unification, our annual expenditure will be at least 30 million more!

I thought about it several times, and finally felt that the expansion of the group has not yet ended, and it has stabilized, but it can wait a little longer, and it will not be too late to implement it in a year or two. "

As the president of the group, Yuan Chengdao wants to save money, which is not surprising.

30 million per year doesn't sound like much, but how many large groups don't make so much profit every year!

The unification of levels is much easier next, and it also makes the enterprise more formal.

But on the premise of not affecting his work, Yuan Chengdao would rather hold back a little.

At this time, the reaction of the people below is not strong enough. If it is delayed for a year, it can save 30 million yuan. I am afraid that it will be the same if it is another person.

Yuan Chengdao didn't dare to talk to Li Dong about this, because he knew that Li Dong was used to being extravagant.

As he expected, when Li Dong heard that he was talking about money, he waved his hand and said, "Isn't it the welfare improvement?

There is no need to worry too much about these small things. They are both managers. It makes no sense to say that supermarkets and Yuanfang Technology make more money, so they are treated better than them.

Now the division of labor is different. Logistics and real estate companies are not profit-oriented for the time being.

But everyone's efforts are the same, and isn't there a gap between bonuses and commissions?

The basic salary should be higher, and it should be unified.

Moreover, it is unified, and it will be convenient to transfer jobs in the future.

You can't be a manager in a real estate company, but you can become a supervisor in another company. It doesn't make sense.

It is impossible for Yuanfang to never change jobs, and it is impossible to rely on guesswork every time you change jobs, and spend more. There is an inevitable reason for it, so don't save money on it. "

Yuan Chengdao smiled wryly, what else can I say?

This is a policy of benefiting the people, and the employees and management will be happy if they know about it.

If he blocks it now, it means making things difficult for others.

Even if he is the president, if the subordinates refuse to accept you, it will be useless for Li Dong to delegate more power.

Li Dong himself didn't care about it, and it was indeed beneficial to unify the ranks. Yuan Chengdao sighed slightly: "Then do as you said, Mr. Li."

"Well, the unification of ranks is imperative.

You can get someone to do the plan yourself, but let me talk about my general thoughts first.

Yuanfang is mainly divided into management posts and technical posts, which is also the unified division of other groups.

On the management side, there are 10 levels.

There are 10 levels of group presidents, 9 levels of vice presidents and sub-group chairmen, 8 levels of headquarters directors, sub-group vice presidents, and regional managers, and 7 levels of provincial company general managers, deputy heads of headquarters departments, and sub-group department chiefs..."

Li Dong generally mentioned the scope, how to divide it depends on the agreement between personnel and other departments.

Yuan Chengdao heard him say that there are 10 levels. At first, he thought that Li Dong had divided himself into it, but now he heard that Li Dong simply didn't count himself.

Yuan Chengdao thought wildly, does this mean that no one will ever be promoted to Li Dong's position?

Chairman of the board of directors, it seems that Li Dong will be named for the rest of his life.

Just when he was thinking wildly, Li Dong said again: "The prefix for the management post is l, and the prefix for the technical post is d, so they can be distinguished."

At first, Yuan Chengdao didn't care about it. It's normal for ranks to have prefixes. Tencent and Baidu are both t. Ali divides them into p and m. It's okay to have l and d from afar.

But if you think about it carefully, isn't this the initial of Li Dong?

Yuan Chengdao's face turned red. Such a narcissistic boss is really rare!

Li Dong didn't care, I'm in charge of my territory, what's wrong with ld, you have to admit md.