Open business day-to-day

Chapter 418 New Headquarters
Time flies, and September has entered in the blink of an eye.

In the early morning, the sky was twilight, and Lin Rui opened his eyes as usual.

Looking at Sun Yutong who was sleeping soundly next to him, he kissed his snow-white cheek, got up, dressed and washed.

When I came to the living room, my heart moved, and the system emerged.

System: The company under the user's name is developing smoothly, all businesses are progressing in an orderly manner, with outstanding achievements and good performance.

According to the salary model deduction, the reward amount for this month is 49 billion.

Not bad, Lin Rui smiled, basically meeting his expectations.

Next up are rewards for daily quests.

System: The user's daily task completion rating is 54, and 50.00% of the reward will be obtained as an additional reward, and the reward amount is 26 billion.

The total reward amount is 75.46 billion, do you want to receive it?

Of course it is received.

After thinking about it for a while, the funds in Xingkong Technology Group's account are pitifully small now.The first is to inject 60 billion yuan into Huizhong Mall to support the establishment of the mall and the laying of the logistics system.

Then, according to the shareholding ratio, 12 billion was injected into Weiyue Culture Media Company and [-] billion into Shangdong Music Platform.

Including the company's other expenses, the total amount of funds in the Xingkong Technology Group's account is now only more than 20 billion.

Thinking of this, Lin Rui directly transferred all the 75.46 billion funds rewarded this time to the Xingkong Technology Group company account.

Now, let the funds in Xingkong Technology's account reach tens of billions again.

I came to the company in the morning and held a meeting to discuss the issue of equity incentives.Seeing everyone's excitement, Lin Rui was also in a good mood.

Subsequently, under his decision, the company launched a vigorous relocation business.

In the next month, Weiyang Technology will slowly move to the new headquarters building.

As the boss, Lin Rui was the first to start moving.

His office area in the new headquarters has already been renovated.

The office area is located on the top floor of the Gemini Tower, occupying thousands of square meters of space.There is not only an exclusive luxurious office area of ​​more than 200 square meters, but also bedrooms, bathrooms, gymnasiums, study rooms, collection rooms, etc... all kinds of luxurious layouts are available.

It doesn't sound like an office at first glance, but it looks like a top-notch mansion.

Lin Rui is also very satisfied with the new office, not to mention the various luxurious layouts and the super large area.Being on the top floor of the Gemini Tower, at a height of hundreds of meters, overlooking the city under your feet is very impressive.

Today, this twin star building, under the aura of Weiyang Technology, is already a landmark building in Los Angeles.

Countless people who come to Los Angeles for tourism will turn here to have a look.

The renovation of the Jiangnan Garden on more than 100 acres of commercial land next to it is also coming to an end, and it has also become a beautiful scene in Los Angeles.

It's a pity that it's not open to the public, it's only for employees of Weiyang Technology and Xinghai Technology to relax inside, which makes people envious.

As Lin Rui took the lead in relocating to the new headquarters, various departments of Weiyang Technology also moved over one after another.

As for the blue ocean building, what to do when it is vacant?Naturally, it is impossible to let him be free.

Recently, the preparations for Huizhong Mall have gradually improved, and the time to go online is getting closer and closer.

During this period of time, Lin Rui's 60 billion funds were spent, and the number of employees in Huizhong Mall also increased sharply.Especially in the area of ​​warehousing and logistics, the total number of employees has reached 8000 in a short period of time.

Lin Rui once suspected that to do this kind of direct e-commerce, even warehousing and logistics have been done in one go.If it really develops, the number of people in the company in the future will be extremely terrifying, reaching an astonishing hundreds of thousands.

It has not yet developed, but there are already signs of this.

Thinking of the large-scale increase in employees after the rapid expansion of Huizhong Mall, Lin Rui assigned the Blue Ocean Building to Huizhong without hesitation.

In the future, Lanhai Building will be the headquarters of Huizhong Mall.

Lin Rui's former office is also preserved as the office where he concurrently serves as the CEO of Huizhong.

However, his main focus is still on Xingkong Technology Group and Weiyang Technology.

With the financing reached, there are many things that need to be dealt with, such as the board of directors.

After this financing, there are a total of 7 board seats. According to the agreement, Lin Rui took out two and gave them to Goldman Sachs and the National Pension Insurance Fund, one for each, and he has the right to nominate the remaining 5 directors.

Now, it is necessary to consider how the five board seats are allocated?
Of course, first of all, he himself, as the chairman of the board of directors of Weiyang Technology, occupies one, leaving four.

So, with so many executives in the company, who should be nominated!

After thinking about it for a long time, as the co-president of Weiyang Technology and the director of Weiyang Research Institute, Li Yaqin can occupy a place.

As the vice president and chief financial officer of Weiyang Technology, Zhao Yan, who has made great contributions to the company, can also occupy one.

There are still two board nominations left, and Lin Rui doesn't know who to choose.

Li Yaqin and Zhao Yan occupy two seats on the board of directors, it can be said that there is no dispute.

The rest of these executives, Xu Zhe, Liu Heng, Li Xueming, Han Yunsong, Tan Yuanming, Shang Yansong, Liu Wei, Song Zhixing, Zhou Wenfeng...etc.

There are too many who meet the conditions, and Lin Rui can't make up his mind for a while who should be elected as the director of the company.

Just let it go and think about it!
Next, there is one more important thing, about the implementation of the company's options and equity incentives.

At the beginning of the financing, for the sake of the company's future, Lin Rui took out [-]% of Weiyang Technology's equity and established an option pool.

For this financing, the total share capital of Weiyang Technology is one billion shares, and Lin Rui took out 98 million shares to raise US$98 billion, which is equivalent to US$[-] per share.

For another [-] million shares, an option pool was set up, and a special employee stock ownership platform was established to manage these options.

Lin Rui had 8 million shares left.

Now that the financing is completed and the option pool has been set up, it is time to implement a round of equity incentives.

This equity incentive is the first and possibly the largest since the establishment of the company.

Not only to mobilize the enthusiasm of employees, but also to give back to the group of people who followed him to start a business.He can't become the richest man in China, and others can only get a salary.

The targets of this equity incentive are the company's senior management, business backbone, core technical personnel, and the company's elderly.

The employee stock ownership platform is used as the main party of equity incentives.

The specific exercise price, exercise time, conditions for employees to be granted and exercised, incentive management mechanism, adjustment mechanism, etc., have been planned by professionals.

However, the specific incentive target and amount are still determined by Lin Rui, and it is difficult for others to intervene in this kind of matter.

For this equity incentive, Lin Rui set four principles: "Seniority, ability, position and contribution."

The amount of equity granted to each person should be made with reference to these four principles.

Needless to say, "seniority" is understood by everyone. It represents the length of time a person has joined the company, whether he has just joined or is a veteran of the company.

Depending on the length of time you have joined the company, the equity issued is different. After all, the elderly who have grown up with the company cannot be treated badly.

"Ability" is more straightforward. It depends on your personal ability. The stronger your ability, the more attention you will receive and the more options you will be granted.

"Position" is more clear at a glance. It depends on your position in the company. According to the position, the number of options to be granted is determined.

"Contribution" is simpler. It depends on your contribution to the company. The greater your contribution, the more options you will be granted.

After so many days of thinking, Lin Rui communicated in many ways, and he has a rough standard for how many options should be granted to each executive of the company.

This equity incentive is divided into five tiers, the first tier has two people, Li Yaqin and Zhao Yan.

Needless to say, Li Yaqin is a world-recognized IT guru, and an industry leader coveted by many technology companies.

Currently, as the co-president of Weiyang Technology, the company's No.1 other than Lin Rui is not only the dean of Weiyang Research Institute, but also in charge of the research and development of the operating system.

The above four principles, in addition to qualifications, position, ability and contribution perfectly meet the standards.

Regardless of the considerations, Li Yaqin is the first tier of equity incentives.

Next is Zhao Yan. It seems that Zhao Yan's status in the financial world is not comparable to Li Yaqin's status in the technology world, but Zhao Yan's contribution to Weiyang Technology is by no means smaller than Li Yaqin's.

As the company's chief financial officer and the company's first vice president, Zhao Yan has made great contributions to the company since he joined the company in January 11.

Not to mention managing the company's finances in an orderly manner, Weiyang Technology's various loans and credits are all negotiated with the bank.

This is the guarantee for the rapid development of Weiyang Technology.

Besides, the Weiyang Technology Investment Fund he is in charge of has invested in many good projects and unicorns for the company in the past two years.

Weiyang Technology Investment Fund, relying on the company's own resources, has now completely overwhelmed the major domestic venture capitals and has become the largest source of funds in the domestic Internet field.

At present, among the various potential technology companies in China, few have escaped the vicious hands of Weiyang Technology Investment Fund, and more or less have shares.

Among so many senior executives of Weiyang Technology, Zhao Yan has made the greatest contribution. In addition, his own ability is also very good, and his qualifications are also good.

It is not surprising that it is ranked first in this equity incentive.

The equity pool, or employee stock ownership platform, holds a total of 98 million shares of Weiyang Technology, worth $[-] billion.

Taking the entire shareholding platform as a whole, Lin Rui decided to grant two people, each with 2.2% options on the employee shareholding platform. In terms of stocks, each person has 220 million shares of Weiyang Technology.

Converted into the shares of Weiyang Technology, each person holds 0.22% of the shares.

At valuation, each share is worth $98. 220 million shares of Weiyang Technology, worth as much as $2.156 million.

Let these two people directly exceed 2 million U.S. dollars and become billionaires.

However, these 220 million shares of Weiyang Technology have been exercised for as long as 7 years, and the two of them have been in Weiyang Technology for 7 years before these shares can completely belong to them.

In the first year, 20% of the rights can be exercised, which is equivalent to 44 shares. From the second year to the sixth year, in five years, 2% of the rights can be exercised each year, which is a stock in the early 6s.

In the seventh year, the remaining 7 shares can be exercised.

The option can be exercised at any time within each year, but the interval between two exercise options cannot be less than 6 months.

Next, other executives of the company will also follow this standard.

Nevertheless, it will take 7 years to complete the exercise of these stocks.However, the wealth of 2 million US dollars is still very shocking.

Just like Li Yaqin, even though he has achieved the position of Microsoft's global senior vice president, the annual income he can get from Microsoft is only about tens of millions of dollars.

The equity incentive this time is equivalent to his income from working at Microsoft for 20 years, which is definitely not a small sum.

Moreover, as the scale of Weiyang Technology becomes larger and its valuation rises, it is not impossible for these stocks to be worth more than 2 million US dollars in the future, and become 5-6 million, or even 7-8 million US dollars.

For Zhao Yan, it was even more so.

Although he used to have a good income and a good social status, he was only considered a high-income middle class.

After exercising the rights this time, his net worth has increased dozens of times, to 2 million U.S. dollars, directly surpassing the middle class and being promoted to the rich class.

When Lin Rui revealed the criteria for exercising this time to the two of them, not only Li Yaqin was pleasantly surprised, but Zhao Yan was even more excited.

Recalling all the things he has done since he joined Weiyang Technology, he is very grateful for the choice he made at the beginning, and he chose the right path.Not only did he single-handedly make such a big business, but he also took a ride with Weiyang Technology and completed the class transition.

From the middle class to the rich, the freedom of wealth has been completely realized.

There are five people in the second tier of this equity incentive, Tan Yuanming, Han Yunsong, Shang Yansong, Xu Zhe, and the person in charge of WhatsApp Jane.Combe.

Compared with the vice presidents and executives who joined the company later, the abilities of Tan Yuanming and Han Yunsong were indeed inferior.

But as the old men who started with Lin Rui, the two are the absolute veterans of the company, Weiyang Technology can develop to this point, and the two are indispensable.

Especially since the establishment of Weiyang Technology in March 10, these two people have been following Lin Rui. As the only two executives of the company at that time, they worked hard and devoted themselves to the development of the company.

In the early days of the company's establishment, Lin Rui lacked experience, and the company relied entirely on the management and assistance of these two people.

In terms of qualifications and contributions, no one can question it.

In addition, with the development of the company, the two began to learn and exercise without interruption. Compared with the original ability, the current ability has changed drastically.

Although not outstanding, it is definitely qualified.

Naturally, Lin Rui would not treat them badly and put them in the second gear.

As the company's human resources director, Shang Yansong is also the third executive to join the company and has made a huge contribution to the company's development.

The company's culture, the establishment of the employee training system, various incentive policies, and many current executives of the company are all excavated and found by him.

Especially in the cultivation and selection of talents, they showed great talent and skill.

Shang Yansong has made a huge contribution to the company's development to this point.

Coupled with his own outstanding ability, and his qualifications second only to Tan Yuanming and Han Yunsong, he is ranked second in this equity incentive, and he deserves his name.

As for Jane.Koum, as the founder of WhatsApp and now the head of WhatsApp abroad, has also made great contributions to the company.

He has made great contributions to Weiyang Technology's ability to open up such a situation abroad.

In second gear, it fits nicely.

(End of this chapter)