Internet 2010

In the conference room of the Science and Technology Park.

"General Manager Lu, General Manager Fang, General Manager Ding, please take a look at this document on restructuring." Wang Wenjun got up and handed the documents to the three of them.

After completing the handover of the work of Hisense Guangnan Branch, just yesterday, Wang Wenjun officially took up the post of Vice President of Menggu Advertising.

Looking at Wang Wenjun, who is a "new official", Lu Zhou couldn't help but sigh, "My career as chairman has begun."

Naturally, the president of Menggu Advertising also handed it over to the silly boy Fang Qiang as he had planned before.

In fact, Lu Zhou has hardly interfered in Fang Qiang's daily work for more than two months.

As for the advertisement of Dream Valley, he considered these interns from the perspective of "intimacy", and he still stayed in the experimental building of the School of Planning of Yat Sen University. And Lu Zhou himself, most of the working time, he was in the science and technology park, and Cheng Xuyuan and Wen Xuwei were messing with cloud computing and WeChat.

It took only a few months for Luzhou to go from scratching, supporting the Dream Valley advertisement, to fading out.

This is the moment on the tide of the times, when he made the tide. Stepping on the turning point of the times, Dream Valley advertising has now shown great vitality.

The arrival of Wang Wenjun, in Lu Zhou's view, is the first step of Menggu Advertising's official transition from a "team" to a company.

In just two days, Wang Wenjun started a drastic change after doing some investigation and understanding.

In terms of organizational structure, Dream Valley Advertising originally only had the Advertising Department, Banana Department and Marketing Department. Coordinated by Wang Wenjun, the marketing department is divided into four parts, including investment promotion, customer service, operation, and testing.

The "magic oil" of Menggu advertising, the marketing department officially entered the history, replaced by four sub-divisions with more clearly defined functions and responsibilities.

The investment promotion department assumes the main responsibilities of the original marketing department, focusing on attracting and communicating advertisers.

The customer service department is divided into technical customer service and general customer service, which solves the daily technical connection between developers and the communication problems of ordinary users in the banana market.

The operation department maintains the daily operation activities in Dream Valley advertisements, such as providing advertorial content materials for online media; connecting with online channels, and spreading the promotion of bananas online; internal specific event planning, similar to the earlier promotion of "Hundreds of Years". 10,000 cash", a water test activity, etc.

In addition to the four split departments, Wang Wenjun added a regular human and financial department, and formulated a corresponding new recruitment plan.

Under the leadership of Wang Wenjun, in just one day, the human resources department took shape. At the same time, a new round of personnel expansion began to cope with the increasingly large business scale.

In fact, both Lu Zhou and Fang Qiang know that the internal financial situation of Dream Valley Advertising is very good. And in terms of manpower, the company's expenditure in this area is actually very low because the contracts for intern are generally signed.

Before Wang Wenjun came, did Lu Zhou not want to recruit people?

No, Lu Zhou thought, and he arranged it as well. Fang Qiang did the same.

But no matter how balanced it is, with Meng Xiaoqin's recruitment, the per capita workload of Menggu Advertising has not dropped.

This is nothing more than a problem caused by the fact that the speed of business expansion is far greater than the speed of recruitment expansion, but as far as Meng Xiaoqin is concerned, Lu Zhou also feels that it is no doubt that it is just a blind problem for a little girl to accurately judge the real situation of Menggu advertising.

After all, the gap between age and work experience is not a problem that can be solved by understanding and talent.

After the readjustment of the department organization, the second thing that followed, Wang Wenjun reorganized the labor relations and salary of Menggu Advertising's existing staffing, and formulated a preliminary management performance system.

Dong Junda and Tang Xiaotong, who entered Menggu earlier, also received formal wages, and their wages were directly doubled. In the middle, it was naturally the salary increase that Lu Zhou instructed after Wang Wenjun came up with the proposal.

Although from a reasonable point of view, even a few of them should not be considered regular employees until after graduation next year. But Menggu Advertising has not just raised a million-dollar financing, and even if there is no financing, Luzhou believes that such human expenditures are within an acceptable range.

After salary, there is naturally a more important thing - the issue of options.

Wang Wenjun also sorted out Luzhou's plan for the option pool into a draft, which can be formally implemented only after the labor relationship is sorted out.

During the previous A round, Menggu Advertising raised 10 million US dollars and was valued at 100 million US dollars. A total of 100 million shares were issued, including 9 million shares in the option pool.

In the newly drafted draft, the options granted to employees by the Dream Valley Advertising Option Pool will be released linearly on a monthly basis within a four-year period from the time the employee obtains the rights. The minimum effective period for exercising an option is two years.

In this option allocation, Dong Junda, Pan Feiwen, Wang Zhengye and Zhou Wen, the four earliest technicians who came in, each got 80,000 shares. Tang Yutong, Meng Xiaoqin, and Huang Dong have 70,000 shares each.

After that, employees who subsequently joined the marketing department received options ranging from thousands to 20,000.

That is to say, Luzhou has allocated 700,000 shares to the start-up team, of which the exercise price is the fair price of the A round, and the unit price is one US dollar.

If it is set up like this, it can be regarded as a road boat, but it is a promise to everyone at the beginning.

Of course, as far as these startups cashing in on actual stock, that's still a long way off.

For example, Dong Junda and several others obtained 80,000 options with an exercise price of one dollar in this option allocation. This part of the options is released month by month, that is, they can get 20,000 shares every year.

However, subject to the shortest effective period, several of them need to work in Dream Valley until 2012 before they are officially in possession and can exercise their rights.

And if it comes to 2014, if Dong Junda wants to exercise all 80,000 shares of the option rights, they must pay $80,000 to the company at the exercise price of one dollar before they can get the real company stock.

There are naturally two situations in between. At that time, Dream Valley's shares were worth a dollar.

If it is less than one dollar, then this option is the **** blown by the road boat today, and there is no real cashing day.

Or, if the unit price reaches two dollars when all the options in the hands of an employee are released in 2014, then for him, it is equivalent to paying $80,000 out of his own pocket, and Menggu advertising sells them for ten dollars. $60,000 in stock ~ www.readwn.com~ Of course, because there is a profit in stock, the amount of tax generated must be borne by the employee.

This is just Luzhou's reward plan for these start-ups, which is rich. Equivalent to, as long as they can stay in Dream Valley for four years, no matter if the unit price of Dream Valley advertisements is two dollars or one hundred dollars in the future, they have the right to buy a stock from the option pool with a unit price of one dollar.

According to Luzhou's plan, after entering the B round next year, there is no reason for the valuation of Dream Valley Advertising to decline.

Now, out of the 9 million shares in the option pool, Wang Wenjun alone holds 500,000 shares, plus the 700,000 shares distributed this time. It sounds like there is not much left, only 7.8 million. But just to count, the total amount in this pool is still "worth" 50 million yuan.

But at that time, the exercise price of new employees entering the company will naturally not be one dollar today, but will increase with the increase in the valuation of the B round. Or the old shares of old employees are exchanged for more new shares at a certain percentage.

"Four years in a hurry, and how many years can people be wasted somewhere." He thought leisurely.