My rebirth is different

Page 557

Is Yu Wenfei so confident in Facebook?

Cai Congxin began to doubt his own judgment...

…………

"Yes, if these two VAM agreements are added, and the goals are broken down by stages, the corresponding goals will be achieved every year. So does Mr. Cai think Softbank will approve my valuation of Facebook?" Yu Wenfei smiled.

"That should be fine!" Cai Congxin blurted out.

He himself was a venture capitalist before, so of course he understands the style of venture capital firms.

Although the current valuation of more than 30 billion US dollars given to Facebook is high no matter how you look at it, as long as Yu Wenfei dares to make such a promise and make a reasonable breakdown.

Then the venture capital firm will be happy to bet with him!

Taking a [-]-step back, if Facebook really fails to achieve it in three years, let alone [-] million, it will not even reach [-] million, and it will maintain the current level.

Then, triggering the corresponding penalty clauses, the venture capital company gets, for example, 50.00% or more of the shares, takes control of Facebook, and even drives Yu Wenfei out of the company.

Spend [-] million U.S. dollars to get more than half of Facebook shares, is it a loss?

Not bad at all!

Even make a little money.

Of course, there may be a worse situation, that is, Facebook will become worse and worse, just like Yitang back then, it will go bankrupt...

Now the [-] million US dollars of venture capital investment is basically in vain, and it is useless to take more shares.

But don't forget one thing, what is venture capital!

Venture capital is the abbreviation of venture capital. If there is no risk, what is it called venture capital?

The greater the risk, the higher the reward!

People who are venture capitalists are very gamblers...

Cai Congxin is sure that if SoftBank dare not accept the VAM terms Yu Wenfei gave, then big investment banks like Sequoia, Goldman Sachs, IDG, DTS and the like will flock to sign this agreement with Yu Wenfei!

Three hundred million US dollars is not a small amount, but there are still quite a few investment banks that can afford it.

But a unicorn company like Facebook may only come out in a few years.

How could an investment banker miss such an investment opportunity?

Chapter 483

"I'm convinced! Mr. Fei is really...a man of high art and courage!"

Cai Congxin shook his head and smiled wryly, holding out his thumb.

"Then... isn't Mr. Cai not interested? Come and join me and do something great!" Yu Wenfei leaned forward, staring into Cai Congxin's eyes and said.

Now, Cai Congxin has to admit that he is a little moved.

That night, after receiving a call from a headhunting consultant, he told his wife that he might have to live in another place.

That's just a possibility, he didn't decide to go to Facebook, and he couldn't make a decision so easily.

He has done a good job in Ali, has shares and status, and Ali's prospects look good. Why give up everything you already have and go to a strange company.

But Cai Congxin is Cai Congxin, just like he gave up his lucrative foreign investment bank job a few years ago and resolutely came to Hangzhou to get the 500 yuan salary from Ali.

Facebook and Yu Wenfei's "legend" attracted him, and he had a faint feeling that after meeting Yu Wenfei, his life might change again, so he said that to his wife.

After Facebook is about to receive a huge amount of venture capital and Yu Wenfei has promised future performance, it seems that the future of Facebook is much brighter than that of Ali.

From the chief financial officer of Ali to the CEO of Facebook, this is indeed a good choice.

Then, there is only one problem...

"Mr. Fei, if I go to Facebook, what can I gain? Compared with what I will lose in Ali." Cai Congxin asked meaningfully.

Regarding this question, Yu Wenfei had been prepared for a long time, he turned his head to signal, and Hu Jingjing immediately took out a folder from the briefcase he was carrying, and handed it to Cai Congxin.

Cai Congxin could roughly guess what was inside, but he didn't know the specific conditions.

He took out a tissue from his pocket and carefully wiped the table in front of him clean, then put the folder on the table and opened it to read.

This document is what Yu Wenfei will pay for digging Cai Congxin, or a promise.

If Cai Congxin goes to Facebook, he will be the CEO, that is, the CEO.The right to speak in the company is second only to the chairman of the board of directors, that is, Yu Wenfei.

He is in charge of the overall work of Facebook, and has the right to appoint, remove and hire all positions below the vice president.

This is just a normal condition, Cai Congxin is more concerned about other aspects.

E.g……

Equity incentives!

In order to make up for Cai Congxin’s possible loss of equity after resigning from Ali, Facebook will provide corresponding share incentives. You can get 5.00% of the shares in the first year of employment. After three years of employment, if you can successfully bring the company to the market, and Achieve the expected goal, you can get up to [-]% of the shares!

As for the salary, Yu Wenfei is obviously not as stingy as the old horse, and directly offered a salary that is enough to match this position, with an annual salary of 800 million!

This has surpassed the salary level of Cai Congxin when he was working in an investment bank. Among professional managers in China, it is definitely the first rank.

Finally, there is a very considerate supplementary clause. If Cai Congxin’s already held Ali shares are more difficult to deal with, then Yu Wenfei can personally pay to buy his part of the shares, and the valuation will be calculated according to the current Ali’s valuation. .

This is not taking advantage of Cai Congxin. The Internet winter has just passed, and many companies want to raise funds and transfer shares, but no one is willing to take over.

Even Ali was in the transition stage at that time, and it was not easy for Cai Congxin to sell the shares in his hands at a good price.

…………

After reading it, Cai Congxin closed the file and fell into thought.

He is in Ali, and now holds [-]% of the shares, which is not a low amount. You must know that Ali has a partnership system, and there are eighteen partners alone.In addition, two rounds of financing have been raised, and Goldman Sachs, the earliest Softbank, also holds a large number of shares.

Two percent, among the individual shareholders, is second only to Lao Ma, and can be regarded as the second largest individual shareholder.

According to the contract he signed with Ali, he will attract investment in the future and operate the company until it goes public. At each stage, he can get another part of the shares.

In fact, a secret that most people don’t know is that Cai Congxin had more shares than Lao Ma when Alibaba went public!

According to Ali's public information, Lao Ma holds 7.4% of the shares, and Cai Congxin's personal shares are 3.6%. It seems that Lao Ma's shares are twice his.

But few people know that there is a word called "STOCKPOOL", which is translated into Chinese as "equity concentration office"!