I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Since our last meal together, Ma Ge and I have exchanged WeChat accounts.

Jiang Hao can communicate with Ma Ge through WeChat.

But what’s interesting is that Ma Ge himself doesn’t reply quickly to messages on WeChat, and sometimes he even misses a reply.

At first Jiang Hao thought that he was not famous enough and the boss didn’t have time to chat with him.

It was not until later that Brother Ma replied to my WeChat message and specifically reminded me that if there was any situation, I could email him to communicate.

After trying it once or twice, Jiang Hao discovered that Ma Ge was much more active on email than on WeChat.

He sent an email to Ma Ge early in the morning about the idea of ​​investing in an e-sports stadium.

It was only over an hour, and the three or four hundred word email reply had already arrived in my mailbox.

What was written above were Ma Ge's opinions and comments on the e-sports stadium, and he also expressed his desire to communicate with him further.

Since Ma Ge still had time to reply to emails, Jiang Hao simply called him directly.

"Jiang Hao?"

Ma Ge's familiar voice came from the phone. Although it was a little distorted, it was still very recognizable.

"Brother Ma, it's me."

“I read the email you sent me.”

"Well, your idea for the e-sports stadium is great. I'm interested in investing in it."

"But regarding the specific scale of the e-sports stadium, do you have a tentative plan?"

The two sides went straight to the point in their communication. For Ma Ge, the scale of this investment was not large, but it was quite meaningful.

Especially for the group's gaming industry, it can be regarded as a disguised improvement and promotion.

Now let’s make a trial investment to see the returns in this area.

"The funding is tentatively set at 100 million yuan, and the venue will roughly meet the standards of a Class B gymnasium."

"The audience capacity is between 4,000 and 6,000 people, depending on the design institute's plan later."

"Okay, I'm interested in this project. How much share can you give me?"

The boss is the boss! In this project, we don’t talk about price, but directly talk about share.

"I have temporarily brought in the LMG club, and they will take up half of the share."

"If it's our own company, I plan to take half of it, and you'll take the rest, Brother Ma?"

"No problem, it's settled then!"

"When the project is finalized, I will ask Vice President Qu to come over and meet with your company. He will also be more familiar with you."

For Ma Ge, an investment of tens of millions of dollars was a no-brainer.

However, he seems to have never heard of this Vice President Qu. Logically speaking, shouldn’t he know Director Qu of the Investment Strategy Department?

Is it possible?

"Brother Ma, Vice President Qu is the former Minister Qu, right?"

"Oh! I forgot to tell you, haha!"

"That's Minister Qu. He was recently appointed as vice president at the board meeting."

What are you talking about the board of directors? You arranged it.

Jiang Hao couldn't help but complain in his heart that he was the only one who had the final say in the board of directors of his Totoro Company.

The directors are either their own friends or representatives of the capital company, and there is no one to restrict their exercise of power.

Although Tencent Group is a listed company, its board of directors is certainly much more formal than the makeshift board of directors of Totoro Company.

But in the final analysis, it is not up to Ma Ge himself to decide.

Thinking back to Minister Qu's attitude towards him, Jiang Hao was still very happy.

At least his promotion to the top proves one thing, that is, the earliest chief financial officer, Vice President Qi, was probably only able to stick to his small field in finance.

"Okay! Then I will communicate directly with Minister Qu, no! Vice President Qu."

"There's one more thing! Brother Ma, let me discuss this with you in advance."

"You said."

"It's about the development of our Totoro Company. The option pool originally set by the company is not enough."

“I wonder if we can set up a new options pool?”

Brother Ma, who had originally responded quickly, now fell silent.

Fortunately, I made the decision quickly and didn't really think about it for long.

“Since there is a need for an option pool, it must be established. But shouldn’t this be discussed and established before the Series C round of financing?”

For Tencent, the option pool established before the C round of financing will at least prevent the shares acquired thereafter from being diluted.

Now, Jiang Hao brought up this matter more than two months after the financing was finalized, which is actually a disguised way of damaging Tencent's current interests.

Although Ma Ge's voice remained calm, there was obvious dissatisfaction in his words.

According to common sense, except for the first round of option pool from the founders.

After each subsequent round of financing, we will consider establishing a new option pool, which will be granted uniformly by shareholders based on dilution.

But in reality, most capital will require it to be established before financing, and it will be established with funds from the previous round of investors, and they are unwilling to reduce the dilution of equity that they are about to obtain through financing.

It is obviously inappropriate to ask investors to give part of the equity to the company's option pool after just raising funds and getting shares, and finally give it to other talents!

However, this was Jiang Hao’s first time starting a business, so not only was he not standardized in this regard, but there were also many things that were bound to be overlooked.

The options finally given to the company's executives in the B round were still the option pool that he supplemented with his own shares in the A round. In fact, it was a disguised way of setting up one less option pool.

"Brother Ma, this is my negligence. This is my first time starting a business, so I don't understand the situation very well. I only discovered something went wrong recently."

"In this way, the shares of the shareholders I hold on behalf of in the option pool will be held by the independent directors or consultants of the board of directors."

“I personally will not participate in the granting of options from the option pool.”

That’s right, the actual option pool, as long as Jiang Hao is interested in holding a position in the company, he can also obtain options from it.

After all, it is given to the company's management, and if he wants, he can even get the biggest share from the option pool.

Sometimes these options things are very flexible and can be played dirty.

Of course, he himself had never thought of competing with the executives for these benefits.

Not only will it be a loss of face, but more importantly, the team's cohesion may be lost before the product is even listed.

"Okay! Talent recruitment is still very important. Now that you say so, I have no problem with that."

But no matter what, Jiang Hao is ready to return the option pool shares he holds on behalf of others to the board of directors. His sincerity is shown here, and Ma Ge can believe that this was Jiang Hao's negligence.

Without the options held on behalf of others, Tencent is actually the largest shareholder of Totoro.

He was even more concerned about the development of Totoro and allocated stock options to the talents of his own company. He just took this loss.

……

I put down the phone and unlocked my computer's lock screen wallpaper. The time was already 10:40.

Thinking of finishing the work of Totoro Company in the morning, even though time was a bit tight, he still asked Zhang Jing to find Lawyer Dong to come up.

Soon, a young man in his thirties came to him with a report in hand.

Compared with other colleagues, the company's two legal officers have a better image.

Especially Lawyer Dong, who always wears a suit and has a slicked-back hair. The first impression he gives people is that of stability.

Of course, before coming to Totoro Live, Lawyer Dong was actually a judge at the Yihe District Court of Songjiang City. He later resigned and started his own law firm.

After earning money for a few years, I found that my law firm could not compete with other senior law firms in the city.

The partners in the law firm he led didn't have many cases, and they divided resources based on his connections in the court.

Finally, he felt that there was no need to continue the law firm, so he was poached by Totoro Live with a high salary.

In fact, salary is not the key factor that attracts Lawyer Dong. The company's options and the opportunity to go public are his main concerns.

"Mr. Jiang, this is what you said. After the option pool is replenished, we will prepare a plan to grant options."

Although I have discussed the option pool with Brother Ma this time, the options I hold on behalf of others have to be handed over to the board of directors.

But it actually had little impact on him, after all, he was completely sure before the listing.

Even if he only holds 1% of the shares, he has the final say over the entire board of directors.

After all, the entire founding team, including the company staff, was promoted by him.

Now is the most critical time for development before listing, and no one can kick him out and rebuild the team.

As a result, the time of listing will be postponed indefinitely, and even the momentum of listing will be blocked.

The only variable may be after the listing.

But after the listing, he had already achieved financial freedom.

Totoro Live was originally just a tool for him to achieve financial freedom.

Later on, I gradually felt like we were a company team and wanted to really push it to the market.

As long as the company goes public, all his tasks will be completed, and the rewards to his old team will have been paid.

If he could really sell his shares directly to Tencent at a high price and extricate himself completely, Jiang Hao felt that he would not refuse such a good thing!