Completed Salted Fish's Self-help Strategy
Chapter 141
Xue Ming was greatly moved, because Li Zhaokai didn't even mention this kind of thing. He has always been "looking forward to your coming to work after the festival".
"If you dare to recruit me, I'll dare to enter. Are you not afraid that I'll give you a few days' salary in vain and say goodbye to you after the festival? If I cheat you, the money will be paid according to the labor law. "
"It's OK. I can afford to pay ten or twenty thousand yuan. You don't care about fame. What am I afraid of? Let's talk about salary and terms. "
"Salary? Pengfei is willing to give me 95k per month, 13 salary per year and other bonus."
"What about options?"
Xue Ming scratched his head. The issue of options is very embarrassing because Li Zhaokai's current financing situation is very embarrassing. He has no courage to issue options, and may activate all kinds of terms unfavorable to Li Zhaokai at any time.
"Let me talk about my conditions. As a we media company, the angel round is 10 million yuan. At present, the valuation of round a given by Daxia fund is 50 million yuan, but I don't agree. If I agree, I can get it at any time. However, I am ambitious and the company is in a good situation. After watching the video, I really think our round a valuation should be one billion. I'm serious. "
Xue Ming had to laugh politely but awkwardly.
But Chu Yuanxi didn't feel embarrassed. He first briefly explained the development strategy of we media company, including the playing method and expectation of gone with the wind. After Xue Ming understood it, he said, "the financing terms I can accept in the future are basically like this: one round of financing, multiple incentive conditions for gambling."
Xue Ming laughed at himself: "I also have some common sense about financing. After all, I also have the possibility of starting a business."
This means that Chu Yuanxi does not have to try to explain, but Chu Yuanxi still has to explain, because in general, there will be no clauses envisaged by Chu Yuanxi.
"Suppose the company's round a valuation is 1 billion, investors invest 200 million in cash, and the par value of each share is 1 yuan. After financing, there will be a total of 1.2 billion shares. Then, when the average annual profit of the next three years reaches 400 million, 600 million and 800 million, the company's share capital will automatically expand to 2.1 billion, 3 billion and 3.9 billion. The expanded shares will be used to motivate the company's shareholders before round a financing, which is called the original equity option. That is to say, after the completion of gambling, investors will automatically dilute. Of course, we also need to compensate investors for their equity and options. "
This clause is very difficult for ordinary investors to sign, because it greatly squeezed the profit space of investors. But chuyuanxi is confident to sign it.
"I Shit! Wait. " Xue Ming had to take out his calculator and press it again, which he had never seen before.
"What's the specific amount? I'll talk about it later. I made up the number just now, but the logic is this logic. The most options I can promise you are: the original options with a value of 5 million yuan, no matter what the total valuation of the original equity options is at that time. That is to say, if the valuation and financing are completed according to my assumption, and the incentive conditions are all completed, it will expand to about 30 million in the future. "
Xue Ming nodded solemnly, he understood, it seems very fair and reasonable, even he is likely to earn. Because what chuyuanxi said was not percentage, but amount.
In short, the future valuation is floating, but the part given to Xue Ming is fixed. If chuyuanxi finally blows the bull's hide and fails to make a billion level valuation, assuming that only 50 million yuan will be used to complete round a valuation and finance, the 50 million Li will also have to give Xue Ming 5 million yuan of original options. If the total amount of employee options reserved is not so much, chuyuanxi will have to pay out of his own pocket to supply Xue Ming, who is guaranteed by drought and flood.
This gambling is very big, but also shows chuyuanxi incomparable confidence, Xue Ming finally understand chuyuanxi billion valuation plan is not a joke! It made him confused.
"Well, in the end, I'll give you two options. First, the salary conditions are the same as Pengfei's, and then I'll give you an option as a bonus, which is about 5 million yuan after financing. It's not the original option and will not expand in round a. Or 50K per month, 14 salaries, and 5 million original options. By the way, there are bonus for game projects. Of course, you know that no matter how you choose, options have incentive conditions. For others, how many years of service you have, and for you, not only the length of service, but also the completion of the task. "
"Can this task be quantified?"
"It's the AI mission system, nothing else."
"That means that once I finish this AI, I can lie on the credit book and wait for options? That's not reasonable! " Xue Ming's doubts are even greater.
"Why not? Do you play games or not? After completing the task in the game, do players want to give rewards? However, it doesn't mean that a game has only one task, and the reward game is over. You are willing to lie down, but our company will continue to launch a large number of new tasks, and you can get more options after completing the new tasks.... "
Xue Ming patted his head, "dry! That's it It's not that Chu Yuanxi's conditions are very good. He knows very well how popular his technicians are in the era of AI. Even if Pengfei technology offers 95k monthly salary, it doesn't make him fluctuate.Relatively speaking, even if Chu Yuanxi's option incentive reaches the best state, the upper limit is expected to be less than 20 million, while the base is only 5 million, which is not the most attractive of all the conditions he faces.
Despite the fact that the counting units are all millions, this is an entrepreneurial option. It's worth money only if you succeed. It's worthless if you don't succeed. Even if you succeed, it will take several years to get it. So for technical cattle, without a large amount of options, they must give attractive salary and bonus, otherwise they are not attractive at all.
However, chuyuanxi made him feel very fair from beginning to end, which he had not seen for a long time. Xue Ming doesn't want his boss to be subservient to others. That must be a good fart. What he wants is this kind of fair environment, so that a technician can give full play to his talents, and then get the share that he should get, no more, no less.
Chu Yuan Xi got up and stretched out his right hand, his eyes filled with joy. He has a feeling of being hit by luck. It's amazing that Li Zhaokai can find a calf like Xue Ming in one night. I don't know what channel he found it through.
You should know that the circle of technological bulls is very difficult to enter. For small companies, they usually can't go to the temple with a pig's head. Academic bulls who want to enter the industry are monopolized by big capital. Small companies even don't want to think about it. Only the calf can occasionally be a fish in the net.
Therefore, this kind of opportunity is a must. Xue Ming's contacts alone are very valuable. He can lure other cattle.
"If you dare to recruit me, I'll dare to enter. Are you not afraid that I'll give you a few days' salary in vain and say goodbye to you after the festival? If I cheat you, the money will be paid according to the labor law. "
"It's OK. I can afford to pay ten or twenty thousand yuan. You don't care about fame. What am I afraid of? Let's talk about salary and terms. "
"Salary? Pengfei is willing to give me 95k per month, 13 salary per year and other bonus."
"What about options?"
Xue Ming scratched his head. The issue of options is very embarrassing because Li Zhaokai's current financing situation is very embarrassing. He has no courage to issue options, and may activate all kinds of terms unfavorable to Li Zhaokai at any time.
"Let me talk about my conditions. As a we media company, the angel round is 10 million yuan. At present, the valuation of round a given by Daxia fund is 50 million yuan, but I don't agree. If I agree, I can get it at any time. However, I am ambitious and the company is in a good situation. After watching the video, I really think our round a valuation should be one billion. I'm serious. "
Xue Ming had to laugh politely but awkwardly.
But Chu Yuanxi didn't feel embarrassed. He first briefly explained the development strategy of we media company, including the playing method and expectation of gone with the wind. After Xue Ming understood it, he said, "the financing terms I can accept in the future are basically like this: one round of financing, multiple incentive conditions for gambling."
Xue Ming laughed at himself: "I also have some common sense about financing. After all, I also have the possibility of starting a business."
This means that Chu Yuanxi does not have to try to explain, but Chu Yuanxi still has to explain, because in general, there will be no clauses envisaged by Chu Yuanxi.
"Suppose the company's round a valuation is 1 billion, investors invest 200 million in cash, and the par value of each share is 1 yuan. After financing, there will be a total of 1.2 billion shares. Then, when the average annual profit of the next three years reaches 400 million, 600 million and 800 million, the company's share capital will automatically expand to 2.1 billion, 3 billion and 3.9 billion. The expanded shares will be used to motivate the company's shareholders before round a financing, which is called the original equity option. That is to say, after the completion of gambling, investors will automatically dilute. Of course, we also need to compensate investors for their equity and options. "
This clause is very difficult for ordinary investors to sign, because it greatly squeezed the profit space of investors. But chuyuanxi is confident to sign it.
"I Shit! Wait. " Xue Ming had to take out his calculator and press it again, which he had never seen before.
"What's the specific amount? I'll talk about it later. I made up the number just now, but the logic is this logic. The most options I can promise you are: the original options with a value of 5 million yuan, no matter what the total valuation of the original equity options is at that time. That is to say, if the valuation and financing are completed according to my assumption, and the incentive conditions are all completed, it will expand to about 30 million in the future. "
Xue Ming nodded solemnly, he understood, it seems very fair and reasonable, even he is likely to earn. Because what chuyuanxi said was not percentage, but amount.
In short, the future valuation is floating, but the part given to Xue Ming is fixed. If chuyuanxi finally blows the bull's hide and fails to make a billion level valuation, assuming that only 50 million yuan will be used to complete round a valuation and finance, the 50 million Li will also have to give Xue Ming 5 million yuan of original options. If the total amount of employee options reserved is not so much, chuyuanxi will have to pay out of his own pocket to supply Xue Ming, who is guaranteed by drought and flood.
This gambling is very big, but also shows chuyuanxi incomparable confidence, Xue Ming finally understand chuyuanxi billion valuation plan is not a joke! It made him confused.
"Well, in the end, I'll give you two options. First, the salary conditions are the same as Pengfei's, and then I'll give you an option as a bonus, which is about 5 million yuan after financing. It's not the original option and will not expand in round a. Or 50K per month, 14 salaries, and 5 million original options. By the way, there are bonus for game projects. Of course, you know that no matter how you choose, options have incentive conditions. For others, how many years of service you have, and for you, not only the length of service, but also the completion of the task. "
"Can this task be quantified?"
"It's the AI mission system, nothing else."
"That means that once I finish this AI, I can lie on the credit book and wait for options? That's not reasonable! " Xue Ming's doubts are even greater.
"Why not? Do you play games or not? After completing the task in the game, do players want to give rewards? However, it doesn't mean that a game has only one task, and the reward game is over. You are willing to lie down, but our company will continue to launch a large number of new tasks, and you can get more options after completing the new tasks.... "
Xue Ming patted his head, "dry! That's it It's not that Chu Yuanxi's conditions are very good. He knows very well how popular his technicians are in the era of AI. Even if Pengfei technology offers 95k monthly salary, it doesn't make him fluctuate.Relatively speaking, even if Chu Yuanxi's option incentive reaches the best state, the upper limit is expected to be less than 20 million, while the base is only 5 million, which is not the most attractive of all the conditions he faces.
Despite the fact that the counting units are all millions, this is an entrepreneurial option. It's worth money only if you succeed. It's worthless if you don't succeed. Even if you succeed, it will take several years to get it. So for technical cattle, without a large amount of options, they must give attractive salary and bonus, otherwise they are not attractive at all.
However, chuyuanxi made him feel very fair from beginning to end, which he had not seen for a long time. Xue Ming doesn't want his boss to be subservient to others. That must be a good fart. What he wants is this kind of fair environment, so that a technician can give full play to his talents, and then get the share that he should get, no more, no less.
Chu Yuan Xi got up and stretched out his right hand, his eyes filled with joy. He has a feeling of being hit by luck. It's amazing that Li Zhaokai can find a calf like Xue Ming in one night. I don't know what channel he found it through.
You should know that the circle of technological bulls is very difficult to enter. For small companies, they usually can't go to the temple with a pig's head. Academic bulls who want to enter the industry are monopolized by big capital. Small companies even don't want to think about it. Only the calf can occasionally be a fish in the net.
Therefore, this kind of opportunity is a must. Xue Ming's contacts alone are very valuable. He can lure other cattle.
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