Starting From The Internet Shenhao

July 11, morning.

On the top floor of the Huya headquarters building, the large conference room was full of people, and the company's high-level meeting was about to begin.

This time, all the executives attending the meeting were beaming.

Because everyone has been notified, the theme of today's meeting is to announce the company's equity incentive policy for senior executives!

They are all working as workers, and they rush to work in the company day and night, not just to make more money.

Especially for companies like Huya that are about to go public, for executives, equity incentives are even more salivating.

It is not easy to live a decent life in a big city like Yangcheng based on monthly salary alone.

Only by getting enough equity incentives can we "fish over the dragon" and completely change the destiny of ourselves and the whole family!

Why did Vice President Zhou not hesitate to kneel for Brother Meng, and also ask for Brother Meng's return?

In fact, it is not Brother Meng that he is kneeling, but the equity incentive he is about to get...

Today's meeting was chaired by Chairman Li himself, who also represented the board of directors to announce to the senior executives of the company the equity incentive policies that have been determined on the board of directors.

The meeting officially began. At one end of the long conference table, Li Dong said with a smile: "Thank you all my colleagues for your hard work. The company’s listing process is progressing very smoothly. The Starck stock market is up."

There was a burst of fierce applause in the conference room.

Vice President Zhou sat on Li Dong's left hand with a bright smile and clapped his palms vigorously.

My hard work has not been in vain, the company is finally going to go public, and it is time for me to harvest "rich fruits"!

According to the conditions negotiated by Vice President Zhou with the board of directors at the end of last year, when the company goes public, as long as he can complete the objectives and tasks assigned by the board of directors.

Then, he will get at least one million original shares!

At that time, Huya's total share capital was 100 million shares, and the company's valuation was one billion U.S. dollars.

Then the original shares per share are worth ten dollars, and the one million original shares acquired by Vice President Zhou will be worth ten million dollars!

These shares, according to the agreement, will allow Vice President Zhou to cash out in batches within three years.

Of course, if Vice President Zhou is optimistic about the company's development for a long time, he can hold it without cashing out.

"In addition, let me tell you another good news! In view of the recent outstanding performance of our platform, our company will be listed at least half a year earlier than our neighbors next door! To be able to achieve this step, our Chief Zhou is indispensable."

Li Dong announced with a smile, reaching out and patted Vice President Zhou on the shoulder, expressing his admiration for him.

He said that the neighbor next door naturally refers to the funny fish platform.

The two live broadcast platforms are actively preparing to go public, and Huya has already had NASDAQ listing experience because of the previous parent company's happy era.

Therefore, from the beginning of Huya's establishment, it was ready to go public, and Huya's revenue and financial statements have always been much more beautiful than that of Douyu!

Therefore, in the listing competition this time, Huya also defeated its competitors!

Vice President Zhou showed a reserved smile on his face, as well as a burst of pride in his heart.

Huya can achieve the current results, not to mention more than half, at least 50%, it is my own credit!

This point will not be ignored by the board of directors.

Well, this time equity incentives, you may get more incentive shares...………………

After the scene was finished, Li Dong turned to the topic.

Seeing everyone's eagerly anticipated expressions in the conference room, he smiled and opened the folder in his hand.

"The development of the company is inseparable from the efforts of everyone present! Then, the success of the company will inevitably be fed back to every employee who has made contributions! After the board of directors has discussed and decided, the company will put out 20 million shares to establish employees Equity incentive pool! All the company’s senior executives and core employees will receive generous equity incentives..."

Some impassioned words made everyone excited.

Vice President Zhou was taken aback when he heard the words, the company is quite generous.

wrong!

It is surprisingly generous!

Because the company’s total equity is only 100 million shares, 20 million shares will be used to build an employee incentive pool?

Distribute 20% of the company's shares to employees!

But he didn't say anything, just listening to Li Dong continue to talk in silence.

"Xiao Liu, you send those agreements to everyone, read the names clearly, don't send them wrong." Li Dong beckoned, his secretary Xiao Liu quickly got up and took out a stack of documents.

Then, according to the names marked on each document, they were sent to all the executives present.

Vice President Zhou naturally also got his share.

This document is the equity incentive agreement that everyone can get.

There are instructions on how many original shares can be obtained, the transfer, the time limit for cashing out, and the conditions, etc.

At first glance, Vice President Zhou saw that the number of share incentives he would get was "1.5 million" shares!

He breathed a sigh of relief. The company is okay. It was originally said that it started with 1 million shares, but now it has directly given 1.5 million!

The extra 500,000 shares are worth 5 million U.S. dollars!

After the listing, if the stock price continues to rise, the value will be even higher.

I finally didn't work in vain...

However, if you look more closely, Vice President Zhou feels something is wrong!

In the agreement, there is a line of not-so-obtrusive small words, "The company's total share capital is 1,000,000,000 shares..."

Most people don't know how to count this. There are so many zeros, and it's dazzling to look at it.

However, Vice President Zhou was more careful and counted several times, and found that there are one billion shares written here!

Isn't that right? Vice President Zhou remembered that the company only had a total share capital of 100 million. When did it become 1 billion.

He turned his head and asked Li Dong in doubt: "Li Dong, what is the company's total share capital now? What is the company's valuation?"

Li Dong said haha, and replied in a low voice: "In order to facilitate the listing, the company plans to expand its shares before going public. The total share capital is one billion shares, and the valuation is still one billion U.S. dollars."

The total share capital is one billion shares, and the valuation is one billion US dollars, which means that each share is worth one US dollar!

The equity incentives that Vice President Zhou received is worth 1.5 million U.S. dollars...

This is different from what was said at the time. At that time, each share was worth ten dollars!

Even if there are only one million shares, it is worth ten million dollars!

Now it has become one and a half million dollars...

This is the conscience of the company, but it is too dark!

Looking at the employee incentive pool, 20 million shares are only worth 20 million US dollars. This still requires all the executives and key employees to share together...

Vice President Zhou finally understood why the board of directors was willing to give out 20 million shares to motivate employees.

That's just because the gold content of the shares has been drastically reduced!

………………

"Dong Li, isn't it right? If I calculate after the share expansion, is my equity incentive a bit lacking."

Vice President Zhou also said in a low voice, his face a bit unsightly.

Whoever put this matter on his face, his face was so good that he could get 10 million US dollars, but suddenly it became 1.5 million.

Too much less!

Dong Li should also be a little vacant. Regarding him, he said vaguely: "Isn’t that one million shares at the time, but now I’ve given you an extra 500,000. Xiao Zhou, this is an extra 500,000." I’m fighting for the stocks on the board of directors to help you win.”

Vice President Zhou almost laughed angrily.

Feelings also want to thank Li Dong, thank the board of directors?

Thank them for giving themselves 8.5 million dollars less incentive!

He said with a sullen face: "I'm sorry, I can't sign this agreement. I ask the board of directors to honor the promise made at the end of last year. In addition, I want to remind Dong Li that at the time the company's revenue target responsibility letter, I had signed and signed it. The reserved one is still covered with the company's official seal. This will never become invalid."

The "responsibility letter" mentioned by Vice President Zhou was an agreement signed by the two parties when the board of directors gave him a revenue target.

After all, it's a formal company, these things all have articles of incorporation, and it's impossible to say casually.

Vice President Zhou has made up his mind that if the board of directors fails the account, then he really has to sue the company with the letter of responsibility!

At that point, although I may not be able to stay in the company, but if I can get an extra 8.5 million US dollars, I can almost retire.

Naturally, I don't care about anything else.

Hearing Vice President Zhou's words, Li Dong grinned and didn't panic at all.

He said: "The board of directors also retains the letter of responsibility, and when the board of directors was opened, it was deliberately interpreted by the company’s legal counsel. The letter of responsibility only stated that if you complete the company’s established revenue target, then the company is going public. The time will give you an incentive of no less than one million shares. Now you have indeed completed the task, but the company has also fulfilled its promise, a 1.5 million share incentive. I don’t understand what you can feel wronged."

Vice President Zhou's eyes widened, he understood...

I am still inexperienced. I was fooled by the old foxes on the board!

In the letter of responsibility, it really only wrote his own revenue target and the number of shares that he would be rewarded after reaching the target.

There is no indication of the value of the shares...

Now the board of directors gives itself 1.5 million shares, and if only the agreement between the two parties is concerned, there is no problem.

Even if you go to prosecute yourself, there is no reasonable argument.

But……

These things should be tacitly understood by everyone. The shares mentioned at the time must be calculated according to the company's total share capital at that time.

Otherwise, if the company now expands its total share capital to 10 billion shares, it will also give itself 1 million shares?

…………

Seeing that Vice President Zhou could not say anything, Dong Li smiled and patted him on the shoulder.He came over and said, "Okay, 1.5 million shares are worth 1.5 million U.S. dollars even if the company is listed on the market. This is 10 million yuan! How many people have struggled for a lifetime? You can’t make so much money. What's more, if the company continues to grow and develop, the stock price will rise. Maybe a year later, the market value of the company may be tens of billions of dollars. By then, your shares will not be worth one. It's over tens of millions of dollars. There is hope for billionaires, haha..."

Vice President Zhou looked at the other people in the conference room, everyone was smiling and happy.

Obviously, everyone except him is very happy.

This is also normal, because other people, no matter how many equity incentives they get today, it is tantamount to a surprise.

Because they did not have any advance agreement with the board of directors, so now the board of directors gives them as much.

They won't have any opinions.

But I am different...

Perhaps, among many executives, he is still the one with the most shares.

But I am also the one who paid the most for the company!

Vice President Zhou was very unwilling, but there was nothing to do.

Although he is the vice president of the company, he is still just a part-time worker. When facing the real company boss, there is no room for resistance.

After all, the company belongs to others...

He signed the agreement with a heavy heart.

What else can we do?

Anyway, this is also an equity worth 1.5 million US dollars, and I can't bear to give it up.

…………

Everyone signed the agreement and prepared to adjourn the meeting.

When Vice President Zhou got up to leave, he chatted with Li Dong again.

His face has eased, as if he didn't care about the shares.

"Li Dong, why did the company suddenly expand its share capital?"

Indeed, according to normal circumstances, if the company does not undergo major changes, the total equity will not be disturbed.

Only when new investors are introduced or when financing is to be carried out will a large-scale share expansion be carried out.

The company does not intend to expand its share capital just to cheat itself.

That's why Vice President Zhou asked.

Dong Li packed up his documents, and then replied: "Oh, this is because the company has just introduced a strategic investor. Dong Lei and I realized part of the shares before the company went public. The expansion of the share capital was also proposed by the new shareholders. When the company goes public, it will issue a portion of new shares. This time, just expand the shares. In this case, the stock price will be relatively low, and there will be more room for growth in the future."

Vice President Zhou asked in surprise: "Introduced new shareholders? Why the company hasn't issued an announcement yet, I don't know about it."

As the company's vice president of operations, he is considered to be the core management, and he didn't even know that such a big thing had happened in the company. Of course he was shocked.

Dong Li smiled and said: "What was confirmed last night, to be honest, I didn't know it before yesterday. No way, the price given by others is too high, I can't refuse it, haha...yes, new You should also know the shareholder of "Huya". He originally invested in our Huya platform."

This made Vice President Zhou even more confused. He asked in amazement: "So there is investment? I know?"

"Yes, but he originally invested in the live broadcast guild. After contacting our Huya company for a while, he felt that our company's future prospects were better. So taking advantage of this company's listing, he proposed to let me and Lei Dong part of the shares at a high price. This is also a good thing. If Dong Lei and I don’t sell part of the shares now, it will take a long time to wait until the company is listed and then want to cash out." Dong Li replied.

Obviously, the price given by the new shareholder should be quite high!

Otherwise, it is impossible for Li Dong and Lei Dong to realize that the company is about to go public, but they choose to cash out their shares at this time.

However, Vice President Zhou still did not figure out who the new shareholders are...

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