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Chapter 6 A few families are happy and a few families are sad

The news cannot be hidden, especially the things like option incentives.

Before the domestic equity incentive legislation was completed, there were few Internet companies that made employee options, and the time choice was relatively sensitive, and most of them were before listing.

Kangsheng's performance is obvious to all, and some people have discussed the possibility of a company listing in private.

The situation is the same as Chen Qiaoshan expected. Stimulated by employee options, external financial audits did not attract too much attention.

The whole process from option incentives to equity monetization is actually quite long.

When a company gives options, it must have something to ask. First of all, it is to win over the core level. Options also have restrictions. For example, if an employee resigns, the company has the right to repurchase shares, or it is also possible to issue restricted equity to employees.

Options are usually accompanied by the wealth myth, and companies often go public, and a large number of employees can achieve financial freedom.

In the Internet industry, there are few companies that cheat their employees.

Of course, there are exceptions in everything.

For example, after Youku went public, there was a 18-share integrated stock.

As a result, except Boss Gu, the value of the stocks in his hands, whether they are executives or employees, has dropped by more than 95%.

What's even more scam is coming. At the critical moment when the ban on sale is about to end, Youku played another additional issuance, causing the stock price to plummet.

This does not include the cost of exercising and income tax deductions. You should know that although the US stock market does not have stamp duty, capital gains use differential tax rates. Unless they are held for a long time, the tax rate is extremely high.

Now, I have been busy for several years. The equity I have originally valued in Yanjing, but in the end it is only enough to buy a toilet. Youku employees can imagine the mood.

Capital is ruthless, Youku is not the ugly one in terms of food, but it has become a bad role model.

The boss plays tricks with employees, which is naturally unpopular. Because of options, a large number of core employees of Youku left, and Boss Gu's personality collapsed instantly.

For start-ups, stability at the core level is very important.

The reason why Chen Qiaoshan chose to use option incentives at this time was to stabilize the morale of the army.

The storm is approaching, and the ballast stone is not enough, so the ship will overturn.

…………

After a few days of calm, things have come to light.

On May 21st, Yanjing finally got rid of the sandstorm weather in recent days and ushered in a rare sunny day.

As noon approached, three police cars suddenly came in the small square in front of Building A of Rongke Information Center.

In addition to the security guards, it is rare to see the in and out of uniforms nearby. Suddenly, seven or eight policemen came, which immediately attracted a lot of attention.

These people entered the elevator and went straight to the floor where Kangsheng Technology was located. After revealing their identities, with the assistance of the company's legal affairs, they took away the financial director, general ledger accounting and fund manager.

The three of them were handcuffed on the spot. The whole process didn't work for too long, but the movement was quite serious.

The incident happened so suddenly that the company was panicked.

The matter did not end there. Shortly after the police left, Chen Qiaoshan took Liu Chang and others to the company and summoned relevant persons in charge of the company's product line, operation line, marketing line and administrative department in the conference room.

The heads and minds of each department were called in one by one, so the news was naturally difficult to hide.

The company quickly understood the cause of the matter. The people who came to arrest the people were the Economic Investigation Office. The Finance Department used their position to embezzle the company's assets, and the huge amount constituted an embezzlement.

The matter is extraordinary, because embezzlement is a criminal case, once sentenced, the three of them may be imprisoned.

Chen Qiaoshan took a heavy move this time. After auditing, Ding Ju has clarified the financial situation of Kangsheng Technology, and the problem is much more serious than expected.

The company has developed too fast in the past year, lagging management, and lacking necessary supervision. These people have privately divided nearly 600,000 public funds by falsely reporting and concealing financial revenue and expenditure, accounting for more than one-tenth of the company's revenue.

After knowing the specific amount, Chen Qiaoshan's nose almost became crooked.

Liu Chang also made a shameless move. She set up Kang Sheng’s financial department and has been under her supervision. Now that such a big problem occurs, she cannot refuse to blame.

You should know that Kangsheng has been investing so far in order to seize the market. Except for Dai Zhikang, he received partial compensation when raising funds, and the other shareholders have never received a dime dividend.

Now, the owner had not moved his chopsticks, and a bunch of borers started first. Chen Qiaoshan's mood was imaginable. He originally wanted to solve the problem internally, and after learning about the seriousness of the matter, he directly reported the case.

In contrast, Cheng Liang’s problem is not that important.

Although this guy is greedy for money, he still knows the importance of it. In addition to taking kickbacks and privately deducting the advertising share of alliance members, he did not attack public funds, otherwise he should have been taken away at this time.

Even so, Chen Qiaoshan was not ready to let go. The so-called "grasping" big and letting go is completely non-existent in him.

After urgent communication with various departments, the first employee meeting was held temporarily in Kangsheng's open office area.

Everyone thought the company would explain the matters of the Finance Department, but everyone was wrong.

The first thing to be announced is a list of personnel appointments and removals, and the first part is to remove Cheng Liang from his position as deputy general manager.

All the employees present were surprised. The relationship between Cheng Liang and Dai Zhikang was not a secret in the company. The two had a close relationship. No one expected that if they were not clear, they would be the first to attack him.

Cheng Liang was on the scene. Since he had to be responsible for customer relationships, he had always paid great attention to his instruments, and today was no exception. However, anyone with discerning eyes could see that Cheng Liang's face was very bad. Not only that, he even had a little horror on his face.

Not long ago, Chen Qiaoshan met Cheng Liang alone, and no one knew what the two had talked about, but when Cheng Liang came out, he was depressed.

Looking at Chen Qiaoshan standing not far away in front, Cheng Liang felt uncomfortable. Just now, he signed an audit material and wrote a letter of commitment on the spot.

Within one month, he will be required to repay the profit share of the ad alliance members and the interest resulting from it.

In addition, Cheng Liang also signed a two-year non-compete agreement. During this period, he was not allowed to engage in jobs related to the Internet and advertising business. The key is that he still received no penny of restricted compensation for the restricted competing.

From the perspective of his original intention, Cheng Liang was unwilling to accept it. The process of meeting Chen Qiaoshan just now could even be called humiliation, but no matter how unwilling he was, he didn't want to enter the class room.

Seeing that the people from the Finance Department were tortured on the spot, Cheng Liang felt alert. When Chen Qiaoshan put the relevant evidence in front of him, Cheng Liang had completely lost the courage to resist.

He knew that even with Dai Zhikang's relationship, it might not work. If he really annoyed Chen Qiaoshan, he might be the next one to be tortured.

Cheng Liang compromised, and in addition to spitting out the swallowed ones, he had to pay an additional "interest".

Thinking of the numbers above, Cheng Liang almost swears. The compensation amount was enough to empty his family. It was a waste of time for these years. He was the real night to return to before liberation.

Immediately afterwards, today's highlight came to the year.

The company's finance department was officially reorganized and had a financial manager under it, who was directly responsible to the director.

Liu Chang will temporarily serve as the financial director of Kangsheng Technology. The new manager was not selected from the inside, but was an airborne soldier. Ding Ju was appointed as the first financial manager after the reorganization.

People sit at home and are happy from the sky. Ding Ju is full of spring breeze today. From the deputy manager to the manager, it sounds like a step away, but the gap is many times different.

Although he is still doing financial work, in Qingshan Capital's risk control department, he can only conduct risk assessment of the project party's financial situation. No matter how much money is, he has no money to manage. In Kangsheng, the Finance Department is the real core department.

Although Liu Chang is the boss, Ding Ju was also very satisfied.

What he is holding is the option incentive plan that will be announced soon. As a new employee, in addition to the increase in salary and benefits, he can also enjoy this wave of equity dividends.

Although the right has to be exercised for a year, Ding Ju is not worried at all, because at the end of the option plan, the company promised that if Kangsheng Technology cannot complete the equity monetization within two years, Chen Qiaoshan will repurchase the equity in the employees at a five-fold exercise price.

Ding Ju knew that there might be something wrong with this equity guarantee agreement.
Chapter completed!
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