MTL - Internet 2010-Chapter 375 Reissue option
Lu Zhou put down the new option allocation plan presented by Wang Wenjun, and he continued, "Well. That's it. Brother Wang, there is no problem with what you did."
The plan presented by Wang Wenjun is the latest issue of option allocation within Mengguang Company.
In March last year, Mengguang’s financing was to add a huge amount of new shares to the option pool. Now, the entire option distribution plan will grant up to 2.5 million options to all employees of Mengguang this time. The exercise price is still based on the $4 per share raised by Shimengguang in March last year.
This allocation does not involve senior executives such as Fang Qiang and Wang Wenjun, and is mainly aimed at the middle and low levels of the company. If calculated on a per capita basis, Mengguang No. 200 employees will each receive more than 10,000 options.
Of course, 10 years earlier, Mengguang also granted an option to employees. At the time, the strike price for these options was only $1. The scope of grants is also more concentrated, and the per capita availability is much higher than this time.
From this point of view, the difference between the strike price before and after is as high as 4 times! In the end, old employees also have the benefits of old employees. It was a bit hard in the early days, but the options they took were more affordable, and they could be obtained earlier.
The old employees who took the options in the early round have already unlocked parts one after another after a year. For the new round of employees who have taken options, most of them have to work in the company for 15 years before they can fully reap the benefits.
As for the strike price of $4, most employees are still quite confident. The valuation of Mengguang’s series of subsidiaries has already reached 400 million US dollars. Can the valuation of the parent company Mengguang be lower than this number in the past two years?
Lu Zhou continued to say to Wang Wenjun, "Brother Wang. Mengguang's task this year is very heavy, and you know it. Fang Qiang's side will continue to seek business growth points, while your side needs to do some restructuring for next year's listing application. and prepare."
Wang Wenjun nodded slightly, this Mengguang's plan for next year is basically clear to the middle and senior management in the company. Although the three-year listing seems a bit appalling, with Mengguang's current profitability, the basic conditions are to meet the standard. If there is a problem, it is probably because the company is too young and the market may not be willing to pay.
He said, "I have been working on the normative things here. But I think that Dream Valley payment is not so easy to deal with."
Lu Zhou naturally understood what Wang Wenjun said.
Menggu Payment is a wholly-owned subsidiary of Mengguang, but now its main business is WeChat payment in cooperation with WeChat. As far as the average daily turnover of Menggu’s payment and the accumulated capital pool are concerned, this will be a stable cash cow in the future. Even if it is too much, the valuation of Menggu after payment is higher than that of Mengguang, and most people inside will not doubt it.
At present, the financial report paid by Menggu is merged into Mengguang. But if you say it's reflected in Mengguang's valuation, that's really not much.
Lu Zhou waved his hand and said, "I understand what you mean. Demolition and reorganization are all for sure. But it is definitely not now. Before we had to make payments, only Mengguang had cash flow for several companies, so it was hanging on Under Mengguang, this is reasonable and reasonable. But if it sounds bad now, if you really want to tear it down, no shareholder will be happy.
The development momentum of Menggu Payment is there, and it is unlikely that several institutions will accept low quotations. In particular, most of the money from the last round of financing flowed into Menggu Payment. "
This is also the case, the capital gave that is to mark the price early.
Lu Zhou then added, "This, don't worry too much for the time being."
Wang Wenjun had no choice but to accept it after hearing this, "Okay, I understand this."
Lu Zhou continued, "This year, Mengguang needs another round of financing as planned. The company is not short of money, but now that the Menggu ecosystem is complete, the surrounding companies need a lot of money. Then we took the financing money to Creating a dream of blood transfusion and creating profits for yourself is also what you should do.
And Mengguang also needs this round of institutions to reset the price. In this way, you can also get better initiative before listing. "
Wang Wenjun pondered for a moment, and after thinking about Lu Zhou's statement, he said, "Okay. I will write down this first. After that, I will contact President Bao in advance to ensure that Mengguang's next round of financing can be launched at any time... "
When Lu Zhou heard it, he motioned Wang Wenjun to wait.
He said, "In the next round, the reasonable price I expect from Mengguang is around US$1 billion. If it is difficult to achieve, then a bet with business conditions or listing commitments is acceptable."
Wang Wenjun was stunned when he heard it. Mengguang's profit last year reached 400 million yuan. If you look at it more strictly, this estimate of 600 million US dollars is a more reasonable range.
In particular, if this is not a bet, then there is only one way to go to the market with bloodshed. If Lu Zhou didn't have great confidence in Mengguang, then he was really anxious to get money on the market.
Ke Li doesn't make sense, because Meng Guang is not short of money, which is really strange.
He said, "Is this too hasty?"
Lu Zhou shook his head, how could Wang Wenjun understand what Lu Zhou was thinking.
China's independent application market, the hot year is really very short, nothing more than when the smartphone market was in its infancy. Even in the future, the giants will hold their own application market channels, which is only part of the strategy.
From Luzhou's understanding, Mengguang can still rely on its main business to support the bulk in the next two or three years, but what about in the future? The "eldest son" Menggu pays for the support, followed by the profits returned by the subsidiaries of Menggu Ecology held by Menggu, and even in the end, it may depend on the investment income of Chuangmeng.
Because now is the time when the flames are everywhere~www.novelbuddy.com~ The major mobile phone manufacturers are fighting for the market. In the next few years, small and medium-sized mobile phone manufacturers will definitely die, and after the acquisition, there will be only a few big players left. Mobile phone manufacturers have a built-in application mall, and the profit logic of this banana is difficult to survive. If a second-hand mobile phone is pre-installed, the bananas can be blasted to the ground.
It is strategically important. If you really want to ravage the application market of mobile phone manufacturers in the future, then this Mengguang banana is not for sale. But that's it, if you don't take advantage of the scenery to go public, you have to wait for it to get really cold, right? At least it’s listed on the market, and the money can be added to the cash flow, and it can give money to the surrounding ecology. To be an "Internet investment bank" through Chuangmeng is much better than guarding one-third of an acre of land.
Is Mengguang short of money? That's a lack, it's really lacking.
Lu Zhou instructed, "Brother Wang. Last year, Mengguang made a profit of 400 million yuan. This year, we will achieve at least 1.2 billion yuan. My expectations for the listing are also very simple. 2 billion US dollars is my bottom line for Mengguang."
After Wang Wenjun heard this, the pressure was not much. Wouldn't it be possible to dismantle Menggu Payment? With this leg in place, even if WeChat Pay will burn money this year, the report will definitely not be ugly.
Wang Wenjun joked, "You have to say that. I'm afraid that the allocation of options in my hand will be changed! At your price, wouldn't this round have sent out several hundred million? If you don't feel bad for me, I feel bad, this pool. Not much is left."
Lu Zhou also knew that Wang Wenjun was just joking, and with this little money, Mengguang could still afford to pay it to his employees.
However, with 2 billion dollars, Lu Zhou himself is really not joking.
People 91 can sell themselves for 1.9 billion. Mengguang is now an application market, and he takes out a bunch of subsidiaries and Menggu to pay. If he really can't achieve his goal, he doesn't know whether to fight Fang Qiang or Wang Wenjun.
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