Chapter 1711 Sitting and waiting for the money
"High salary, only recruiting teachers and students from Harvard, and they will automatically resign half a year after 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 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 currently using are limited and cannot meet their needs, users will never change software easily.”
Qin Feng nodded.
"Today there is no other social software like FACEBOOK. 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 for a Harvard campus company!" Dimon said.
"As for the software, I am confident. Apart from that, are there any other questions?" 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, there is very little that 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 is mainly aimed at Nasdaq and is the bursting of the bubble of technology stocks. Qin Feng has no idea how much he can make.
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 doesn't want to be taken a piece of the pie anymore when it comes to making money.
Previously, it was to avoid trouble from the U.S. Department of Commerce in the future. Therefore, Britney and Gisele were introduced. Of course, this is also because both of them are beautiful women. Britney is one of them, and Gisele,
Qin Feng has ambitions, so let’s tie him 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, 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 salary. After I go public, I will be allocated according to the group's profits.
salary. This is my salary scale."
With that said, Dai Meng handed Qin Feng a salary class table.
The above lists Dimon's future salary in detail. There are detailed salary divisions at what level the company operates and how much profit it makes.
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 company's CEO."
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.
Although he has 15% of the shares in the previous one, it does not mean that he has 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 profit as my salary." Dimon said.
One thousandth is used as salary. In other words, if the company can earn 10 billion, then its salary is US$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 very reasonable. On Wall Street, if a person can help the company earn tens of billions of dollars, then the salary will have exceeded 100 million US 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 in the 5% of the shares in cash. At that time, I will participate 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.
This is such a good 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
Redistribute and introduce relevant administrative personnel of the company to you," 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 person under the 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.
Chapter completed!