My Age of Investment

  Chapter 188 M Sequence and E Sequence

   "Hello, Darren!"

  Only two hours after Xia Jingxing and Blackburn finished talking on the phone, Bezos asked the secretary to dial Xia Jingxing's phone, and it came up with a hello.

  Xia Jingxing didn't expect Bei Tu to talk to herself personally. She was a little surprised, but after thinking about it, she found it normal.

  In the past, Facebook was just a humble small company, and it only completed an angel round of financing of 500,000 US dollars.

  Now Facebook, which has completed the A round of financing, is valued at nearly 600 million US dollars, and the size of the gap with Amazon is not so big, and it is barely in the eyes of this e-commerce giant.

   "Hello, Mr. Bezos!"

   "Congratulations on your completion of the A round of financing. I heard that the entire Silicon Valley is now discussing your deeds."

"haha, thank you!"

  ...

  After a while, Bezos talked about the topic.

  "If Irving wants to join you, I have no objection in principle."

  Xia Jingxing smiled and said thank you, but did not relax because of this, knowing that the other party must have something to say.

as predicted!

  Bezos continued: “In the past six months since Amazon and Facebook have been cooperating, Facebook has recommended us more than 400,000 new users.

  After these young students have experienced online shopping, they are very satisfied, and most of them continue to shop on Amazon.

  But as Facebook's growth in the campus market has slowly reached a bottleneck, you have opened registration to all people, which has brought our cooperation into a stagnant stage.

  I hope to continue to strengthen the cooperation between our two companies. "

  Xia Jingxing asked: "What does Mr. Bezos mean?"

  Bezos said directly: “Facebook has users on hand, and Amazon has a complete e-commerce solution.

  In my opinion, it is better to add a store function to Facebook, and we will provide you with technical support solutions and logistics, warehousing and other support.

  And you can do C2C mode, let users sell each other on Facebook. "

  Xia Jingxing now understands, Bei Tianzi has a good calculation, and wants to make Facebook an e-commerce distribution website for Amazon. At the same time, he can also engage in C2C. Maybe he can share part of eaby's business.

  But what happened to Facebook?

Social networking site? Or an e-commerce website?

  If the development orientation is not clear, we can only wait to die.

  And now the social battlefield is not over yet, where dare to open up a second battlefield?

   Therefore, he can only refuse Bei Tianzi's "kindness".

  "Mr. Bezos, I think your plan is very good, but considering that Facebook's position in the social market is not yet stable, this plan can only be postponed.

  After Facebook has completely stabilized its position in the social market, it is not too late for us to discuss this plan. "

  Bezos laughed on the phone: "If you are worried about funding, Amazon can invest in you!"

  "It’s not a financial issue, but a development strategy. Just like Amazon started to operate solely on its own and later opened up to third parties, we also need to stabilize our basic market."

Seeing Xia Jingxing's resolute attitude, Bezos also gave up the abetting plan.

  He originally wanted Facebook to explore the way for Amazon to see if the "social + online shopping" business model could work well.

  If he can run through, he can acquire Facebook and add a new general to Amazon to inject new growth momentum.

  If it fails, Amazon will lose a little investment money.

  Unfortunately, this young man did not listen to him.

   Facebook is currently a cooperative relationship with Amazon. Even if the scale of cooperation is not large, it is also a partner. It is impossible for him to command Facebook as his own subsidiary.

  Xia Jingxing was unwilling, and he couldn't force it.

  As for Owen, the vice president, who was about to join Facebook, he didn't use it to threaten Xia Jingxing, and just let him go.

  It's not that he is soft-hearted, but that he has insufficient chips, and failure to threaten will bring negative effects. It is better to give a favor.

  Xia Jingxing wanted to dig them, and took the initiative to discuss with them. This matter still gave them some good impressions.

  If he doesn’t say hello and starts to dig people, then he has a different attitude.

  ……

  ……

  After obtaining Amazon’s consent, Owen successfully joined Facebook and took the post of CFO.

  Luo Li serves as CHO, plus COO babes, CIO Dogs, CTO Evans, and Xia Jingxing himself as the CEO, the executive team of Facebook's six O's is officially set up.

  Six people discussed the company’s “employee incentive plan” and “middle management introduction plan” in the meeting room on Facebook.

  Employee option incentives, which Xia Jingxing promised, will be carried out after the company completes the A round of financing.

  The employees had been looking forward to it a long time ago, and Xia Jingxing postponed it for a while.

  It's not that he doesn't want to keep his promises, but that he wants to make a fuss with this matter.

  As for employee option incentives, no one has any problems. Dogs, Babes, and Evans are all very supportive.

  But when it comes to the introduction of middle-level management, everyone has different opinions.

  "Dalun, I am not opposed to introducing some experienced middle-level management, but should we choose to promote a few grassroots employees who have joined the company earlier and have outstanding performance?"

The meaning of   Yang Niu is very clear, a bowl of water is smooth, and it should not chill the heart of the company's veterans.

  After thinking about it for a while, Xia Jingxing said, “Didn’t you raise a few places before? Now if you promote a few more, there are no more positions left for the foreign middle class.

  After all, the scale of the company is so large and there are so many locations.

  Even after completing the new recruitment plan, the number of employees will increase to a hundred. "

  Luo Li, the new official who took office, spoke, and she said gently: "Kristina, I understand your emotions very much.

  Many grassroots employees have accompanied the company from the weak stage to today, and have made a lot of credit for the company's growth.

  But it does not mean that you have made a contribution to the company in the early stage, so you are suitable for a management position.

  Some people are not suitable for management by nature and are more suitable for technical research.

  The "E-Sequence" currently launched by the company is specially designed for engineers who focus on technical positions.

  There are a total of nine levels from E1 to E9. As long as E6 is reached, salary and option incentives correspond to the most basic management M1.

  They do not need to be the management, they have been working on the technology, and they can get the income that is not inferior to the management. "

  Xia Jingxing nodded and smiled.

   Facebook's upcoming "E-Sequence" and "M-Sequence" are similar to those of major domestic Internet companies.

  In fact, this set of levels was passed from abroad to China.

  It’s just that there are not so many levels on Facebook. There are nine levels for technical posts and four levels for management posts.

  Too many levels are not conducive to flat management of the company.

  In fact, as far as the current situation is concerned, so many employee levels seem a bit bloated.

  A few of their CXOs are all M2 sequences, and the middle management below is M1 sequence.

  If the enterprise becomes bigger in the future, the level before E3 should not be recruited. There will be a total of seven technical levels plus four management levels.

   "I am afraid that some key employees will have emotions."

Christina is not a stubborn person either. Seeing that Xia Jingxing also supports the reform of the company, she had to express her concerns.

   "Don't worry about it, I'll be this villain!"

  Luo Li smiled. The founders didn’t want to do this dirty work, and only her, the chief human resources officer, came.

  She had been mentally prepared for this.

  (End of this chapter)