MTL - Wall Street Legend-Chapter 410 Equity Award Program
Chapter 410 Equity Award Plan
It is probably the best solution for Ye Dongqing to cash out part of the money one after another to repay the debts, do what he wants to do more, and keep some shares as a guarantee.
Now the net worth is high, but the actual cash is not much. The debt accounts for about 31% of the total assets. There are both bank debts and investors' money. Overall, it is relatively stable and the risk is low.
Taking money from a third party to make money for yourself only needs to pay part of the reasonable interest. Most other capable people are also doing the same. There are very few companies with no debt at all, so it is not terrible to owe money. What is terrible is the total assets and The ratio of total liabilities is unreasonable.
In the initial stage of development, most Internet companies invest a lot, but their actual profitability is weak.
Ye Dongqing's own company is no exception. The reason why Facebook has risen to such a high valuation is mainly because it has adopted a relatively good development model, successfully achieved high profits, and its performance is still rising.
People like to invest in Internet industry stocks.
There is no room for gambling on the stocks of ordinary old-fashioned traditional companies. A fluctuation of 2% in the stock price is considered a remarkable figure. People can calculate the approximate profit or loss scale, as if the price is clearly marked, and the stock price may rise , but the cycle is relatively long, and it is difficult to have large fluctuations in a short period of time.
Internet industry stocks are different.
It is not difficult to double the stock price within one year. There are also cases where the stock price doubles several times within two or three years. Generally speaking, there is more room for gambling. High profits also come with high risks. As long as a company performs well enough, the price-earnings ratio can almost Neglected, it is also more prone to foam.
For the vast majority of investors, it doesn't matter whether there is a bubble or not, just don't blow it up in your own hands. After all, there are only a few investors who are as safe and patient as Mr. Buffett.
Ye Dongqing knows the gambler mentality of investors, so in his opinion, it takes a period of time to go public, and then sell some stocks one after another, and the return of funds should be quite good.
He holds too many shares, and the cycle of selling them back will be very long, just like when Gates decided to reduce his holdings of Microsoft shares regularly. More than ten years have passed, and he is still regularly reducing his holdings until now. Too much will impact the market, and it is not in Ye Dongqing's interest. He knows the value of these assets and there is room for improvement.
Combining these, he came to the conclusion that he could go public, so he decided to go public.
There is still work to be done before the news is announced. I have promised some employees to give equity rewards. There is no need for options.
Right now.
Ye Dongqing came to the rented floor where the Whatsapp company was located. Under the eyes of people, she pulled an empty table, stepped on a chair, stood on the table, and clapped her hands: "Everyone stop, come to my side, I will There is an announcement."
There were only three or four hundred people, and it was relatively empty, passing one by one, and the employees came here one after another.
Some executives who received the news also came out of the office. Before that, they had not received any news related to the listing.
After waiting for a few minutes, after asking again, after confirming that everyone has come.
He continued to speak, with a smile on his face, and said in a calm manner: "I think Whatsapp is already a relatively mature company, so I will arrange for this company to go public next!"
It caused a sensation in an instant, and everyone was talking about it, regardless of being polite or impolite.
Even the current CEO of Whatsapp, Mr. Deville, has a surprised expression as if he has seen a ghost. He suggested more than once that he could go public, but was rejected by Ye Dongqing time and time again. Now it seems that the boss is really more Foresight, it is correct not to go public too early.
However, today he said quietly that he would go public without notifying himself in advance. At this moment, he feels rather helpless.
Clapping her hands, Ye Dongqing then smiled and said, "Please be quiet for a while, before I go public, I decided to take out 2% of the company's shares and distribute them to all the employees who have worked hard for the company!
The specific plan will be released in the next two days. Different grades will result in different equity rewards. You should be able to handle these things in the near future. It is almost equivalent to a year-end reward of 150 million US dollars. How much it will be worth in the future depends on Look at your efforts and see how high the stock price can rise after it goes public! "
Surprised applause came instantly, and the employees on the entire floor were shocked!
Even downstairs, you can hear the movement from this floor. The Facebook staff downstairs wondered what was going on, shook their heads and continued to work.
Before.
The only time that equity and large dividends were awarded was when Ye Dongqing decided to sell Skype.
This company is developing well in Microsoft, but Gates once talked to him face to face, saying that he felt cheated, because there are more advanced alternative products on Whatsapp, so that the growth of Skype is sluggish, fortunately, Gates doesn’t care This amount of money, and not many shares in Microsoft, is just a casual statement, without the meaning of going deeper.
In fact, although there are not many contacts, there are only a few people in the circle of the same level. Ye Dongqing and Gates have a good relationship. They often like each other on Facebook and occasionally exchange ideas on the phone. Some time ago Gates also spent a few days on Ye Dongqing's private island in Fiji.
People originally thought that today was a normal day, but they didn’t expect to be able to get equity rewards suddenly. The old employees were ecstatic, because they might get or rent a house in the near future, and now they can get equity rewards again.
The newly joined employees, whose grades and working hours are average, hope that Ye Dongqing can add their names with anxiety. All of them are good at mathematics. On average, each employee has enough More than 300,000 U.S. dollars, even if part of it is allocated by the management, it is estimated that employees with older qualifications can get a share of more than 100,000 to 200,000 U.S. dollars.
Someone couldn't wait to ask Ye Dongqing: "I have just been here for four months, and now I am at Lv5 level. Can I get equity dividends?"
In the company, even the sweeping aunt can climb to Lv3 and Lv4 levels after working for three years, and then get a higher salary. There are a total of 25 positions. Graduates, the kind who just turned from interns to regulars.
Happy, it's rare to spread money once, Ye Dongqing replied: "Yes, but not too much, I will continue to work hard in the future, and get stock option rewards after listing, I can only say that your luck is not very good, sorry... "
(end of this chapter)