Chapter 1,711 Sitting and Waiting for the Money to Be Collected
Latest website: "High salary, only recruiting Harvard teachers and students, and will automatically resign within six months of graduation." Qin Feng thought.
"In this way, we can have a good relationship with Harvard, especially when it comes to paying taxes." Dimon said with a smile, "This is a hugely profitable thing. But the disadvantage is that once people leave their jobs frequently, the company will lose money." The turnover of employees is too fast, which can easily lead to instability within the company. In addition, there is another point, that is, you cannot restrict the employees who leave from working in other companies. "
"So, our company's products are required to have absolutely leading functions!" Qin Feng said.
"Not bad!" Dimon nodded, "But in the past two days, I have investigated all the more than 30 social software that have appeared in the world in the past. They have a uniqueness, that is, social software is unique in any region. . For users, unless the functions of the social software they are using now are limited and cannot meet their needs, users will never change software easily."
Qin Feng nodded.
"There is no other social software like FACEBOOK today. So, this is our advantage. If we adopt a recruitment system (for Harvard teachers and students), as long as we can maintain our advantage, we don't have to worry about being surpassed. Moreover, we can enjoy As a perk of being a Harvard campus company!" Dimon said.
"As for the software, I am confident. Apart from that, are there any other problems?" Lin Feng asked.
"The only thing is that we may burn money before we make a profit." Dimon said. "I can't calculate the specific expenses yet. I need to learn more about it later before I can evaluate it. But at least it needs to be $400-500 million!”
With US$100-200 million, little can be done, not much.
Especially high-tech companies burn money very hard.
Dimon doesn't want to fail, so he must be prepared in advance.
400-500 million US dollars! Qin Feng frowned slightly.
Although the arrival of this stock market crash is an opportunity to make money. However, this stock market crash mainly targeted Nasdaq and caused the bubble bursting of technology stocks. Qin Feng didn't know how much he could earn.
Qin Feng is not sure about US$400-500 million.
And if it's a loan, it's better to bring in external funds. That's more reliable.
But no matter what,
Qin Feng didn't want to get a share of the money-making thing.
Previously, it was to avoid future trouble from the U.S. Department of Commerce. That’s why Britney and Gisele were introduced. Of course, this is also due to the fact that both of them are beautiful women. Britney is one of her own, while Gisele and Qin Feng are ambitious. So, let’s tie it up first.
Otherwise, Qin Feng would not distribute the equity.
"No problem." Qin Feng nodded and said, "I can come up with 100 million US dollars this year, and I can come up with the rest tomorrow."
No matter what, agree first.
As for the rest, we’ll talk about it later.
"If so, then I will issue a detailed financing agreement and redistribute the equity." Dimon said.
Qin Feng nodded.
At that time, my own equity will remain unchanged, and the diluted share of Gisele will be increased to Britney.
"Then the next step is my reward." Damon said, "Boss, after I experienced the previous situation, I will give you two choices."
"Tell me about it!" Qin Feng said.
"First, I want 15% of the shares!" Dimon said, "15% of the original shares will be my reward for joining the company. As for salary, before I go public, I don't want a salary. After I go public, I will be allocated according to the group's profits. salary. This is my pay scale."
With that said, Dai Meng handed Qin Feng a salary class table.
Dimon’s future salary is detailed above. Depending on what level the company operates and how much profit it makes, there are detailed salary divisions.
To put it simply, the more Dimon makes for the company, the higher his salary will be. But there is an upper limit.
The upper limit is $100 million.
Of course, this is only possible after helping the company earn tens of billions of profits every year.
Qin Feng nodded.
"Second, I don't want 15% of the shares, but I want executive rights!" Dimon said, "I only need 5% of the shares, but I have the final say in the company's operations. No one can take my place. . As long as the company is still profitable, neither you nor the entire company's board of directors has the right to fire me. I must be the CEO of the company."
From this point of view, it is to ensure one's leadership.
Compared with the previous one, this one has fewer shares, but it has obtained absolute management rights.
In the previous one, although he had 15% of the shares, it did not mean that he had the final say. Qin Feng can still strike him out.
"Furthermore, my salary, for the same reason, I don't want any salary before going public. After going public, I only want one thousandth of the company's profits as my salary." Dimon said.
One thousandth as salary. In other words, if the company earns $10 billion, its salary is $10 million.
Compared with the previous contract, this salary is much less.
In the first contract, as long as the profit exceeds 10 billion, the salary will reach 100 million. Of course, this is also reasonable. On Wall Street, if a person can help a company earn tens of billions of dollars, his salary will have already exceeded 100 million dollars.
Of course, the salary will not be that much, but the corresponding share dividends will be.
"So, are you asking me to choose a second contract?" Qin Feng looked weird.
"That's right! I don't want to be driven away again. No matter what the situation, I don't want to make the same mistake again!" Dimon nodded, "Moreover, I will invest the 5% shares in cash. When the time comes, I will invest in the first financing , invest in cash!”
This once again shows that Dimon is interested in the company's management rights. As for money, it once again expresses his indifference to fame and fortune.
It can be said that any company on Wall Street would be stunned by this condition.
What a deal. I would not hesitate to sign with Dimon.
"Then it's the second one." Qin Feng was unambiguous at this time.
"Then we're done talking about today. I'm going to go back to sleep now. In three days, I will hold the first board meeting. At that time, I hope you and the other two shareholders will be present. Because this time, the equity will be held Reassignment. And we will introduce you to relevant administrative personnel of the company." Dimon said.
"I understand. Then put it like this!" Qin Feng grinned, "It seems that I can be a hands-off shopkeeper in the future!"
Damon smiled.
If so, that would be great.
He is the number one king of Wall Street, but his ability is far more than just a vice president. He can become the best president and the most capable president.
Therefore, he never wants to create shackles on his head.
As the chairman, Qin Feng's best choice is to sit back and wait for the money to be collected. And it's best not to get involved in company management easily.