Winning the new financial era

Chapter 631

After Ma Jun went to India, Zhang Yida completely gave up on Ah San's IQ, and put the "spare tire plan" on the agenda again.

Before, the client was helping to find the second or third generation of an Indian political family. The ability can be weaker, as long as they are willing to cooperate.

But for so long, no suitable candidate has been found.

There are quite a few suitable candidates for Silicon Valley technology companies, and there are a lot of Indians who serve as middle and high-level companies.

As usual, Zhang Yida arranged for interviews one by one.

An Indian-American in his 30s named Kumar met Zhang Yida's selection criteria.

Kshatriya caste, graduated from an Ivy League university, his parents' family is still in India, and has some influence in the local area. Kumar also married a white wife and served as a middle-level manager of a unicorn company in Silicon Valley.

Modi has been calling on overseas Indians to return to China to build their hometown in India, but unfortunately there are very few responders.

Even Indian netizens themselves said that Indians in European and American countries will not give up those superior medical and educational conditions to return to China.

It is possible for Indians in the Middle East to return to their hometown in India to save their lives in order to avoid the flames of war.

Zhang Yida felt that returning to China with Kumar's condition and identity, and doing some operations, would definitely move Indian internet celebrity entrepreneurs.

Abandoned the high-paying position of the American unicorn company, and brought his white wife back to China to build a poor and white hometown.

That sounds inspiring!
However, Zhang Yida still decided to clarify some things to Kumar first, so that he would not be confused.

"BBPay, do you know?" Zhang Yida was going to make an issue of this company.

Kumar nodded, "I am concerned. This is India's second largest financial technology company with a valuation of nearly US$[-] billion, second only to Paytm."

Zhang Yida smiled and said, "Then do you know who are the shareholders of BBPay?"

Kumar usually also pays attention to the news of the Indian venture capital market, and has also thought about returning to China to start a business, but he has not been able to make up his mind.

Kumar said with a smile: "The specific shareholders are not very clear, but I know a general idea. There are Ruixiang Group, Goldman Sachs, Morgan Stanley, etc."

"Yes, the composition of BBPay's shareholders is very similar to that of Ruixiang Group, but the shareholding ratio is slightly different."

Zhang Yida continued, "We plan to launch another short video app in India, and the product positioning is slightly different from Musical.ly.

We are looking for a CEO and are willing to give a 20% stock incentive.

I don't know if you are willing to take on this burden? "

Kumar almost understood what this meant, and thinking that Musical.ly was taken off the shelves in India, he probably wanted to be the spokesperson for himself, and behind it was a consortium of sharp shareholders.

This is a bit different from the entrepreneurship I imagined, should I accept it?

“I would venture to ask, how much can shareholders invest in this short video app?”

Kumar thinks it is better to ask clearly before making a decision.

"The initial investment is 5000 million U.S. dollars, and we will decide whether to add more depending on the subsequent development."

Kumar frowned, not because he thought the amount was too small, but too much.

Is there any trap in this?Just hit yourself with tens of millions of dollars?
"Of course, you also need to invest part of it. It doesn't take much. Can you make up a million dollars?"

When Kumar came back to his senses, he felt a bit of a headache when he heard $100 million.

Although his salary is not low, he still has a family to support, and he still lives in the colorful world of the United States.

After so many years, I really didn't save much money.

Let alone 100 million US dollars, even 50 US dollars is a bit difficult.

Zhang Yida didn't want his $100 million, but paid for it, so the sense of participation was different.

Any gift is cheap and not worth cherishing.

Asking an ordinary middle-class family to contribute 100 million U.S. dollars, it should be quite painful to lose money.

Only in this way can the enthusiasm of the spokesperson be fully mobilized.

Seeing that his expression was not right, Zhang Yida secretly thought something was wrong, he didn't even have 100 million US dollars, right?
He has investigated Kumar. He has worked for more than ten years, and the salary he received must have been 500 million US dollars.

Isn't it hard to save $100 million?

Kumar hesitated for a while, but decided to confess, and smiled wryly, "Mr. Zhang, $100 million... I may not be able to get it out."

"What about company options?"

Zhang Yida was convinced, and asked him about the options. If he is a middle-level executive in a unicorn company, should he have options?

"There are options, but the company is not yet listed. If you leave now, you will lose a lot. If the company buys back... it is barely worth $100 million."

Kumar's face was tangled, and he said it out of his heart, "I plan to use this money as an education fund for my children, so I can't use it."

In Zhang Yida's eyes, Kumar's performance is quite a plus. It can be seen that at least the third brother still cares about his family.

"Mr. Kumar, you are embarrassing me a bit!"

Zhang Yida spread his hands and said helplessly, "You have to know that we and you are equivalent to founding shareholders, and we pooled money to start a business together.

If you don't invest, don't you become a professional manager? "

Kumar nodded, indicating that he understood everything.

This Indian man was caught in a tangle at this time, and he started a business with the richest man in Asia. Not everyone will encounter such a good thing.

But if the venture fails, the $100 million will make their small family, which is not well-off, even worse.

"I invest $100 million for 20% of the stock?"

Zhang Yida shook his head and laughed, "Haha, Mr. Kumar, do you think it's possible?"

Kumar blushed and whispered, "Didn't you just give me 20% of the shares?"

"Correct, it's equity incentives, including options."

Zhang Yida couldn't bear to tease the third brother anymore, and explained: "You can directly own 100% of the shares with the 2 million US dollars invested, don't think it's too little, you've already taken advantage of it.

Musical.ly will transfer a technical and operational team to join the new company, and at the same time bring some successful experience and means of Musical.ly.

And this part is not included in the capital contribution, so I say you took advantage of it. "

For this remark, Kumar neither nodded in support nor shook his head in refutation.

In his view, the success of Musical.ly is indeed a priceless treasure, including the algorithm recommendation technology behind it, which is an artifact that even Facebook wants to spy on and imitate.

Although the company's initial stage has not shown its power, but in the growth stage, it will see its explosive power.

From this point of view, I really picked up a bargain.

But don't forget that he, Kumar, hasn't given a valuation yet.

However, he knew that he was just a small person and hadn't done any outstanding results. It was normal for the big bosses to ignore him directly.

However, he himself firmly believes that he is capable, but lacks a platform to display his talents.

Zhang Yida continued: "The remaining 18% equity is included in the employee stock ownership platform. If you perform particularly well, you can sell all the 18% equity to you at a low price by means of "option exercise".

For employee options, I will discuss with other shareholders, and it will be fine for all shareholders to dilute them.

If the performance is not as expected, I'm sorry, you won't get much of this 18% option, and it will be rewarded to other better Indian employees or executives. "

Kumar finally figured it out. It turned out that he didn't just give himself 1000 million US dollars.

There is nothing so good in the world!

"I don't know what kind of excellence is the so-called outstanding performance?" Kumar began to ask about the assessment criteria.

Zhang Yida replied: "It's nothing more than daily activity, monthly activity, playback volume, user usage time, market share, and revenue, net profit and other indicators may be added later."

Kumar nodded, he basically understood.

The consortium headed by Zhang Yida claimed to be the founding shareholder, but in reality it was only a minority shareholder.

If you want to earn more equity, you still have to work hard like a professional manager to create value for the company.

Is this a good condition?Probably not.

He, Kumar, can go back to India to start a business by himself, holding 100% of the shares, and maybe he can even pull an angel round of investment.

But he has also learned about the Indian market. Now, if he goes back to start a business, if there is no strong capital support behind him, even if he is a sea turtle, he will still be trampled to death by a growing unicorn.

Of course, there is also the possibility of success, but it is very small.

It was almost five or six years ago when I returned to China to start a business, and the time window has been missed.

"Mr. Zhang, I can promise you!"

Kumar decided to take a gamble, as long as this start-up company becomes a unicorn, whether it is acquired by Sharp, or sold to other companies or listed independently, he should also be free of wealth.

And if you don't work hard, you may only be able to stay in Silicon Valley as a salted fish for the rest of your life.

Zhang Yida thought that Kumar would go home and think about it for a few days, but he didn't expect to agree so soon, which surprised him a bit.

"The one million dollars?" Zhang Yida asked.

"I'm going home to find my dad!"

　Thank you for your reward!

　　
　
(End of this chapter)