My Age of Investment

  Chapter 689 Change of generals

  The next few days, it has been calm.

   Murdoch did not call again, and News Corp did not initiate any action.

  Xia Jingxing knew that the old guy couldn't just leave it alone, he was mostly brewing some conspiracy against him.

  In view of this, he was not idle and accelerated the pace of splitting the tubing.

   Soon, the split of the oil pipeline in terms of equity structure and affiliation was completed quickly.

After the   oil pipe is split, the shareholding structure will become exactly the same as that of Facebook.

  He personally holds 31.64% of the shares, and indirectly holds 20% of the shares through the Chushu Fund;

  Yang Niu holds 14.74% of the shares, and Little Dog holds 4.74% of the shares;

  Other shareholders, such as Microsoft, DST, Reid Hoffman, Mark Pincus, etc., each hold shares ranging from one thousandth to a few percent.

   "Boom~"

  The foreign girl knocked on the door and brought a woman in her thirties with dark brown hair into a small conference room. Xia Jingxing was sitting in the office with a computer on the desk, and the layout was very simple.

  Recently, he has been staying on Facebook and was involved in the splitting of the tubing, so he changed him out of a temporary office.

  Xia Jingxing looked up and said, "Kristina, Luo Li, you are here, please sit down."

  The foreign girl and Luo Li found an empty seat and sat down casually.

  Xia Jingxing glanced at Luo Li, “You will be the CEO of the oil pipeline next. You have a heavy burden, and you must be mentally prepared.”

   "Darren, thank you and Christina for giving me this opportunity. I am ready to "fight"."

  Luo Li looked a little excited all over, and she shook her fist, so she looked like a female fighter, making Xia Jingxing and the foreign girl amused.

  Luo Li has previously served as the Chief Human Resources Officer of CHO on Facebook, and has made great contributions to the global expansion of this start-up.

  Along with the expansion of the scale of Facebook users, the size of the workforce is also rapidly expanding, and branches and offices have been established in dozens of countries and regions around the world.

  And Luo Li takes care of all this in an orderly manner, and has recruited many outstanding talents for Facebook.

  At the same time, it has also retained many outstanding employees for Facebook.

   Facebook has performed well in the social field, and naturally it has become a thorn in the eyes and corners of various competitors, including Yahoo and Google have tried to dig the corner of Facebook.

  However, the effect of digging corners is not very good, and the success rate of people who dig them is far inferior to that of Facebook.

  On the one hand, Facebook is a star startup company that is not listed and has many locations and options. On the other hand, it is Luo Li's credit, which has made great contributions to the company in terms of human resource management.

  With her general stabilizing the company, Facebook can do its best to expand.

  In view of Luo Li’s performance, at the beginning of this year, she was promoted by the board of directors to Facebook’s senior vice president and COO and entered the core management.

  In the past six months since taking office, she has been responsible for the company's sales, marketing, cooperation, personnel, public policy and liaison, and has achieved good results.

  Achieving such results is related to her having served as executives at Disney and Yibei, and she has also started a business and has little relationship with her.

  In the words of Xia Jingxing, this is an all-rounder. Although she is a female, her abilities are by no means inferior to the male executives of many top companies.

  The three of them talked and laughed for a while, and made a few jokes, and Xia Jingxing started talking about the topic.

   "You know what the tubing might face next, right?"

Luo Li straightened up, smiled away, and her face became serious, "Daren, I know everything, don't worry, I have worked at Disney, I also got a master's degree in public policy from the Kennedy School of Government, and I have dealt with the media a lot. ."

  Xia Jingxing nodded, this is also a place that he and the board of directors value Luo Li.

  The following troubles in the oil pipeline are destined to be many. Maybe Murdoch will also launch its media machines to incite public opinion to attack them.

  At this time, there is a great need for someone who understands the media to take the helm of the oil pipeline, and the oil pipeline itself has media attributes. In a comprehensive assessment, Luo Li is the most suitable CEO candidate.

  Originally, Evans and Irving could also compete for the position of YouTube CEO, but the skills of the two are too single, one is the CTO and the other is the CFO.

  After deliberation, Luo Li is a more suitable candidate.

  Xia Jingxing asked the foreign girl: "How are the emotions of the employees below?"

The foreign girl frowned, "The employees don’t quite understand the decision to split up and go out independently. After all, from the beginning, everyone was one company, but suddenly they became two companies. Many people’s ideas couldn’t change for a while. . Moreover, the employees are still holding Facebook options."

   "The option issue is a problem."

  Xia Jingxing nodded, and then said: "Is it acceptable to employees to replace all Facebook options with tubing options?"

   "Accounting is a systematic and complex task, which also involves a series of issues such as the assessment of the exercise price and the change of the salary system."

  While speaking, the foreign girl was also very angry. The company was suddenly taken apart, causing a lot of trouble.

  And this kind of trouble will affect the mentality of employees and the operation and expansion of oil pipelines.

  Of course, she supports the split, but she completely hates the old Murdoch, the initiator.

  It's this old man who is doing things, which keeps them busy for a while.

  Xia Jingxing said: "Well, when you change options, give the employees a little profit, set the exercise price at a lower price, and grant thousands or tens of thousands more shares.

  At this stage, we cannot regenerate chaos internally. It is very important to maintain internal stability. "

When Xia Jingxing spoke, Luo Li also listened very carefully, because these are the tasks she will carry out in the next stage.

  Although Xia Jingxing no longer holds a specific position in the company, she is still the largest shareholder of Oil Pipeline. As a professional manager, the object of her reporting will also change from a foreigner to the newly formed board of directors of Oil Pipeline.

   "Lori, it's time for you to stand alone."

  Looking at Luo Li, Xia Jingxing sent a message: “Don’t think of yourself as a professional manager, but as an entrepreneur. Tubing is our common business, and you are also a business partner we value very much.

  According to the decision of the board of directors, we will set up a special "option incentive plan" for you. Every time you complete a phase of the goal, you will be granted a part of the options, all of which are completed, and you can get options that account for up to 5% of the total equity. "

  The reason for giving such a plan is not how generous the capitalists are, but the incentive plan specially formulated by Xia Jingxing and the board of directors in consideration of the development stage and actual conditions of the oil pipeline.

After   Tubing broke away from Facebook, it became a complete start-up company with serious internal losses and numerous external challengers.

  If you want a horse to run, you naturally have to feed the horse.

  This is different from many mature listed companies hiring executives. It requires the CEO to have a sense of ownership and to work as his own business.

  Taking a tubing valuation of 3 billion U.S. dollars, a 5% option package is worth 300 million U.S. dollars without considering the exercise cost. As the tubing valuation increases, the value will only be greater.

  Of course, such a big gift package is not easy to reward. The oil pipeline board of directors set many difficult goals when designing the option incentive plan.

  For example: 1 billion registered users, 2 billion; monthly active users 500 million, 1 billion; revenue 1 billion US dollars, 2 billion US dollars; profit 1 US dollar...

The difficulty of    can be seen, enough for Luo Li to struggle for ten years.

  If Luo Li is mediocre or leaves her job halfway, she won’t be able to get this gift package.

  Luo Li cherishes this opportunity very much, and she always thanks Xia Jingxing and expressing her attitude. Although she also knows that many goals are not so easy to accomplish, this does not prevent her from looking forward to a bright future.

  After drawing the pie for Luo Li, Xia Jingxing asked him to go to work first.

  Only Xia Jingxing and Yang Niu were left in the room.

   "Luo Li has left, do you think anyone will take over her job?"

  The foreign girl sighed, "Hey, I thought about it, but I didn't expect a suitable candidate, so I could only look for it outside."

   "How about your good girlfriend?"

  The foreign girl was puzzled, "Who is my best girlfriend? Oh, did you mean Marissa Mayer?"

   "Yes, that's her, isn't she known as the "Sweet Girl in Silicon Valley" and the "No.

  The foreign girl smiled disdainfully, "You are not boring, and only Marissa pays attention to these false names all day long, and she shamelessly said that she is the face of Google when the lecture is held, and represents the public image of Google.

  I still represent the public image of Facebook, did I say anything? "

  Xia Jingxing knew that the foreign girl must have been stunned, and the name of the first beauty did not fall on her.

  It's not that she is not beautiful enough, and the position is not high enough, just because she is red-haired and Marisa is blond.

  In the eyes of straight American programmers, it must be a blonde that is even more irritating, not to mention that Marissa also hits her widow sister, which has a star effect bonus.

  He mourned for three minutes of this plastic sister relationship between foreign girls. He often did SPA together, and began to scold each other secretly. Women all over the world are like this, and the elite women in Silicon Valley are not immune.

   "Did you know? She broke up with Peppa!"

  The foreign girl suddenly remembered something and couldn’t wait to share it with Xia Jingxing.

  Usually, she and Marisa have to discuss their respective men together, from the value to the career layout, to the strategic vision, everything is incomparable.

What Xia Jingxing didn't know was that he often appeared on the PK stage with Peppa.

   "Just divide it, how normal it is!"

  Xia Jingxing doesn’t care about the gossip of Silicon Valley at all, and is mainly thinking about the candidates for Facebook COO.

   "Hey, how about digging Shirley Sandberg? She is a good seller of advertising, and Google's advertising business is supported by her.

  It's okay for Marissa to type the code, and it's certainly not suitable for Sandberg to be the chief operating officer. "

  The foreign girl’s eyes suddenly brightened. She often attends gatherings of elite women in Silicon Valley, knows Sandberg, and knows this person’s ability is definitely better than Marisa’s vase.

   "Okay, leave it to me, I'll get in touch!"

  (End of this chapter)