Lu An continued: "In addition, if someone fails to exercise the upper limit of 100,000 shares this time, the remaining shares will be deemed to have automatically given up the exercise, and they will not be able to replenish their votes if they regret it later, unless the company launches a new round of option incentive plans, which is another matter." What? Have you considered this issue? "
Hearing this, Lu An said: "Of course I have, but it's not like all 30 people have no vision and courage, right?"
Lu An said An turned around and smiled, glanced at Meng Qiuyan and said, "If there is really no one who can exercise power, then you have to take the blame. You recruited all the people. It's not a big problem. Even if none of them are willing to exercise power, the worst I can do is find some good brothers to support me."
This is indeed not a big problem. Lu An has many ways to avoid it.
Meng Qiuyan thought for a while and said: "If there is a situation where no rights can be exercised, then we must expand the number of people as soon as possible and marginalize these people or even eliminate them. Otherwise, when the company's products are sold well, they want to exercise the rights to get shares, but if they are not given, they are likely to collude and make trouble. Without additional recruitment, the company will not be able to operate normally. We have to deal with this potential risk. Be prepared to deal with it. "
Hearing this, Lu An said in a deep voice: "If such an extreme situation occurs, it means that they have neither vision nor courage and are extremely self-interested. If we don't get rid of such people, how can we keep them for the New Year? Make a plan. If this happens, immediately expand the manpower and complete a major change."
Meng Qiuyan nodded: "Yes."
However, this should be an event of extremely low probability and is unlikely to happen. Lu An also believes that this situation is unlikely to happen. However, as the leader of a company, he must have a plan in mind and consider all aspects so as not to improvise.
The general matters were almost communicated, and Meng Qiuyan also returned to his office to handle the work.
…
The next day, around 9 o'clock in the morning.
Lu An came to the company, and now all the employees were in place.
"Everyone, put your work aside for now. I have something important to announce." He said loudly in the public office area. Upon hearing this, everyone put down their work and looked at the boss in unison.
Lu An looked around at everyone and said in an orderly manner: "The dawn is right in front of us, but the company has no money. We are all the future veterans of the company. Let me put it bluntly, the company's current book capital is only 700,000 to 800,000, and only It’s enough to pay everyone less than three months’ salary.”
“The plan for a 50% salary increase next year is entirely based on the revenue generated by our first product, but now we have an urgent problem that needs to be solved, and that is product materials. There is a gap in the required funds. "
"I thought of a solution last night, something Hua Wei has done before."
"This solution can not only solve the company's problem of insufficient funds, but also allow everyone to obtain more residual value from Metaverse Intelligent Control in the future."
The employees present listened quietly. Lu An paused for a moment, and then said slowly:
“I decided to use the company’s valuation of 500 million yuan, with a total share capital of 100 million shares, and 3 million shares as options for everyone to exercise and allot. The exercise price is 5 yuan per share. Each person can exercise up to 100,000 shares, and the minimum exercise is 20,000 shares.”
As soon as these words came out, everyone was a little confused, and they suddenly started whispering.
"Boss, do you mean that our employees invest in the company out of their own pockets?" said an employee named Li Tao.
Lu An nodded and said, "It's understandable. As for whether to exercise the option, I'll give everyone a week to consider it. If you don't exercise the option or have no reply after one week, you will be deemed to have automatically given up the right to exercise the right."
He Liang, an employee, believed very much that Metaverse Intelligent Control could be successful. When he heard that Lu An was going to allocate shares for options, he wanted to buy it, and even wanted to buy 100,000 shares.
But it would cost 500,000 yuan to complete the project, so we simply couldn’t afford that much money.
It’s not that he thinks the exercise price is too expensive, but that he lacks financial resources and cannot acquire 100,000 shares.
“Just do what you can.” Lu An glanced at He Liang and said, then looked around the crowd and said, “Don’t think that the company’s valuation of 500 million is a trick. Metaverse is worth far more than 500 million.”
“Do you know why I want to develop this option plan internally?”
"I said that I want to share the results with you, so I will give you the opportunity to exercise the rights at a very low price."
Lu An paused, and after a while, he said decisively: "Do you believe me when I say that Metaverse Intelligent Control will become a unicorn company in the eyes of VCs in one year?"
The employees present could not help but be surprised.
Unicorn?
Only companies with a valuation of more than US$1 billion can be called unicorns.
If Yuanjie Intelligent Control can become a unicorn company, and if the rights are exercised at a price of 5 yuan per share now, wouldn’t the value of these equity shares be more than ten times higher in the future?
When everyone looked shocked, Lu An continued: "You don't have to believe it. This option plan does not force you to exercise your rights. If you don't want to exercise your rights, you can work for me as an employee. I will pay you the salary as usual, and I will give you the same salary increase next year."
The employees present listened to the boss's speech without saying a word.
Lu An said in an orderly manner: "I have said everything that needs to be said. Whether to choose to work for me or for yourself, you should consider the pros and cons and trade-offs. The company will give everyone a week to consider whether to exercise the right or give up the exercise."
h "I respect everyone's choice. If the exercise is confirmed, the funds will be available in one month."
h "This decision is likely to be a fateful choice in your life. I hope everyone will consider it carefully before making a decision."
"Okay, let's break up the meeting."
After Lu An finished speaking, this speech ended here. He also left the public office area and returned to his office.
As soon as the boss left, He Liang said to Zhang Wenjie, his classmate and friend next to him: "What do you think? Do you want to use money to invest in the company?"
Zhang Wenjie asked: "What about you?"
Hearing this, He Liang did not hesitate. Hesitantly said: "Me? I'll definitely just go for it and All-in will be over. I'll find a way to make money later. Even if I borrow loan sharks, I still have to buy 100,000 stock options."
Several colleagues nearby couldn't help being surprised when they heard this and said, "Are you so optimistic about the company?"
Zhang Wenjie said: "Brother, calm down. Don't just go ahead with the boss's rhetoric. If the company doesn't survive and goes bankrupt, hundreds of thousands of dollars will go into it instead of making money, so it will be burdened with huge debts. It may take ten years to get relief from this." It will definitely sell out. And the boss is really awesome. He almost made the technology of this prosthetic limb by himself."
"None of us contributed any technical ideas. Follow the boss's request. "
"If you have the opportunity to hang out with such a giant, wouldn't you? Are you stupid? If you follow the wrong person, you may take a few more years of detours, but if you follow the right person, you will save yourself a lifetime of detours."
"This time, I'm going to take a big gamble, and the stud will be over."
Hence several colleagues heard him speak so firmly, Zhang Wenjie couldn't help but said: "You are a ruthless person."
…