Reborn As The Billionaire National Husband, The Boss Of Populus Euphratica!

Chapter 116 Convince Zuckerberg! (3, Please Subscribe Automatically)

"Convince me, woof."

Zuckerberg looked at Wang Cong and said seriously: "Give me a reason to sell you the shares.

obviously.

He was a little moved, but Wang Cong's caution still made him a little hesitant.

Wang Cong said calmly: "I understand what you mean, Mr. Zuckerberg, you are worried that the continuously diluted shares will make you lose control of the company. After all, when selling shares, you are also losing voting rights. Right?"

Zuckerberg did not answer Wang Cong, but silence already represented the answer.

This is a fact.

As the founder of the company, although he holds the most shares and voting rights, how to ensure that he has complete control over Face is something Mark Zuckerberg has always been worried about.

Silicon Valley and Wall Street investment companies such as Sequoia, The Washington Post, Gray Rock, Merrittek, and Axel are almost all staring at this piece of fat, waiting for a piece of the pie.

He can even be sure that if he relaxes even a little bit, the website he has worked so hard to create will be taken away from them.

so.

Zuckerberg is worried.

Seeing his look, Wang Cong chuckled a few times and said calmly: "In order to prepare for possible IPOs in the future, I propose to redivide the equity structure of the board of directors and start a super voting rights plan."

"What?" 633

Zuckerberg looked at Wang Cong in surprise. It was obvious that he did not understand what the super voting rights plan was.

Wang Cong said calmly: "In order to prepare for future initial public offerings, if I acquire face shares, I will suggest that the board of directors redefine equity. We will internally structure the three equity forms of ABC [Class A shares all have the same market capitalization.”

"It's just that each share of Class A stock has only one voting right. Each share of Class B stock has six voting rights. And each share of Class C stock has sixty voting rights.

"In short, the stocks in the hands of all our investors, except you, will all be converted into B shares, including the current employee stockholdings within the company."

"In the future, small shareholders who enter after the listing will use ordinary A shares for weighting. And the shares in your hands, Mr. Zuckerberg, will be converted into C shares."

"As the CEO of the company, the shares you own have sixty times the voting power of common shares. And relative to the internal shareholders holding B shares, you have ten times the voting power of them. w

After Wang Cong finished speaking, he looked at Mark Zuckerberg and said calmly: "How is it, Mr. Zuckerberg, are you satisfied?"

!!!!

!!!!

Mark Zuckerberg looked at Wang Cong with shock on his face.

Three levels of equity!

He really never expected that Wang Cong could think of using this method to help him consolidate his control over the company.

In fact, dual-class share structures are not uncommon among technology companies.

Such as Google, such as Baidu.

Management has ten to one voting power of common stock.

However, such a structure is still risky and cannot guarantee the entrepreneur's absolute control over the company, because equity dilution will always occur during the financing process. Once the founder's stock is diluted to a critical value, other shareholders unite against the founder. It is still very likely that the founder will lose absolute control.

But this crazy Easterner in front of me actually suggested that he adopt a three-tier shareholding structure!

Under this ratio, no one can control the face beyond themselves

This is absolute control!

Foolproof!

Zuckerberg sat there, looking at Wang Cong in front of him.

There was no expression on his face, nor in his eyes, but he just looked at Wang Cong.

Like a lonely walker waiting for the dawn to rise.

He didn't understand how this oriental man could read his own heart.

Inexplicable,

Although it was their first meeting, Zuckerberg actually felt like he had met his soulmate.

After a long time, he finally said: "Wow, I didn't expect you to be so crazy!"

Talking.

He said calmly (ahde): "I loved playing war games when I was in high school. I even wrote a program to fight against Julius Caesar, which made many people comment that I have imperial tendencies."

Subsequently.

He looked at Wang Cong and said seriously: "I have to admit that this three-tier equity structure is as cool as I have ever seen in my life. I believe that no investment company would have thought that I would have such a solid structure." If I control my power, if I face a country, then this structure is the soul and system, and it will be implemented and followed forever."

"I've thought about using a dual-class share structure before."

Facing Mark Zalberg's gaze, Wang Cong said calmly: "But the dual-class share structure does not guarantee that you can absolutely hold shares and control the company forever, so we adopted three-tier shares. "

After a pause, Wang Cong continued: “However, this is also very risky. Even dual-class shares cannot be allowed on Hong Kong Island or our country’s stock exchanges because it is suspected of harming the interests of public investors.

"Although U.S. trading markets such as Nasdaq allow the existence of dual-class equity structures, it seems that this is the first time in history that three-tier equity structures exist."

"Importantly, the reason why external investors are willing to sign unequal treaties with disparity in voting rights in the three-tier equity structure is entirely because of the company's rapid growth and huge and inflated market value."

"If one day the company's performance deteriorates, or it encounters another crisis, investors will sell their stocks one after another."

Zuckerberg laughed when he heard Wang Cong tell himself so frankly about the problem with the three-tier shareholding structure.

He looked out the window in the distance, and the pupils of his light blue eyes shrank, even sharper than the hawks in the California sky: "If this is the case, then I will let face continue to grow at this speed. I will make him Become a company with a larger market capitalization and a more profitable company than it is now!”

After saying this, he looked at Wang Cong: "Wang, my friend, are you willing to join the board of directors?"

obviously.

Being able to say this sentence means that he has recognized Wang Cong and hopes that Wang Cong can become his collaborator.

Otherwise, according to Zuckerberg's character, he would not say that.

Wang Cong laughed, nodded and said: "It's an honor."

It's just a director position. What Wang Cong cares more about is that through this matter, he successfully persuaded Zuckerberg to integrate himself into the American investment circle.

After all, Wang Cong knows very well that this is the most important thing.

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