The Securities and Exchange Commission will find any reason to file a lawsuit, the court will directly freeze the account, and then the SEC will slowly amend the indictment again and again, and it will take its time.

At the same time, various federal departments and bureaus are also investigating you, procedures, channels, operations, taxes...

Don't ask any questions, otherwise you'll just have to pray.

What to pray for?

Pray that the prison where you are serving your sentence is a private prison and that your assets will still have balance after paying the fine.

In that way, as long as you are willing to spend money, your life will be easier, and you will not be pushed down on the bed by the smelly old black people and take turns tasting flowers...

Do you understand?

Please always remember that rice money is easy to make, but it requires quite complicated preparatory and follow-up work before you can spend it.

In the short term, Han Lie will not consider making money from rice.

Basically it can only be done domestically.

But the trouble is that after so many years of development, by 2015, there are not many good companies in good industries worth investing in.

One is Internet finance where you can make a quick buck.

One is the local life that must not be mixed up.

One is health care, which is destined to make a lot of money but I don’t dare to write about it.

One is the Light of the Future new energy vehicle.

This is a mobile game where you will win only if you love to fight.

And the most important short videos.

The number one target on the list that Han Lie most wants to achieve must be ByteDance.

As early as 2017, a former financial migrant worker named Poujie Bread accurately predicted the rise of Douyin when he wrote "Watch the Little Emperor's Uncle Become a Saint". The original words were probably "This company has the best chance of brewing a

It’s a great product and has the potential to stand out in the field of artificial intelligence.”

The Jade Syndrome elements didn't make any money on it, but they still had a great time spending it...

Ahem, stop it.

To be realistic, Han Lie will most likely not be able to get too much of Byte's shares, or even not at all.

But as long as there is a gap, Han Lie can push the crowbar in.

For example, MCN organizations derived from live broadcast platforms and short videos, such as Wangting Entertainment, can easily reach a valuation of 20 to 30 billion.

In the early stage, you can rely on the show entertainment model to attract money and gain consumer experience. In the mid-term, you can support celebrities and Internet celebrities to monetize their traffic. In the later stage, you can work hard in the field of bringing goods. If you lock in one of Wei Li in advance, you can sit back and relax.

Han Lie couldn't remember any more details.

But it doesn't matter, as long as you have consumer experience, Guabi Lie can learn anything.

The details are not important at all. If you are missing something, just learn it temporarily.

Therefore, in fact, when the second pot of gold reaches more than 100 million, the future is doomed.

And the beginning of it all was private equity.

Why not do hot money or Niu San and go it alone?

The reasons will not be repeated again.

The only thing Han Lie should consider now is how to carry out the company's top-level design.

If you want to issue fund products, you must first have a private equity fund manager—this person is not a real person, but a legal company or partnership.

Then register and file, and then you can start product design.

There are many troubles involved, so let’s not mention them for now. Han Lie now needs to figure out whether to use a “company” or a “partnership.”

What's the difference?

In fact, to put it bluntly, it is how much responsibility Han Lie is willing to bear for this company.

Through clever top-level design and multi-layer nesting, Han Lie can either use 100,000 yuan of limited liability to obtain the management rights of a tens-billion company, or he can stand in front of the stage and assume unlimited joint and several liability.

For the former, for example, Jia Zhouxiao, which is now at its peak, will actually have to bear very little debt after its collapse according to legal principles.

About two strokes——

1. The bankruptcy liability of LeTV’s superior holding company totals 100,000 yuan.

2. Part of the loan is guaranteed by him personally for the company.

So in fact, the amount of money that LeTV owes its suppliers, banks, and creditors cannot be found on Jia Zhouzhou's head.

But the problem is that he made things too big and the impact was too bad.

Therefore, he very smartly stood up and said "I have no obligation to bear it, but I am willing to bear it" and tried to find ways to eliminate the impact.

But such a sentence has no legal effect, so creditors can only continue to be led by him.

I won’t mention the rest of the story, let’s just talk about his top-level design, isn’t it awesome?

In fact, if you search casually, you will find that many companies have similar structures.

But Internet startups rarely use it, because if you do this, who would dare to trust you and provide you with financing?

Jia next week is another matter, so I won’t mention it.

The problem faced by Han Lie is similar to that of a group of Internet companies. If you go too far, knowledgeable customers may have objections, wondering why you seem to want to run away with a bucket at any time?

If you don't do top-level design at all, you will definitely be in trouble when you make equity investment in the future when it becomes big.

After thinking again and again, Han Lie studied "Company Law", "Management" and other knowledge many times, and finally decided to compromise.

How to fold?

In the early stage, we simply engaged in a company-style private equity calculation.

1. Directly establish a certain investment company.

2. The company’s business scope includes securities investment.

3. The shareholders of the company are all the current customers - Pan Zi, Lao Dou, Lao Zhang, Fat Sheep A, B, Bing and Ding, and Han Lie.

The eight people allocate company shares according to their capital contribution ratio.

4. Directly open channels with securities companies in the name of the company, and use the company's funds to operate stocks.

5. Han Lie is not a legal person or manager of the company, but will become a "fund manager" and legally collect fund management fees and performance incentive fees.

The charging method, percentage, and collection account can all be agreed upon by yourself.

6. All expenses are included in the company’s operating costs.

7. The net profit after deducting costs will be distributed as dividends according to the proportion of shares.

8. If you want to expand the fundraiser, or if someone withdraws, just go to the Industrial and Commercial Bureau to re-register. It will be regarded as "increasing capital and expanding shares or reducing capital and shrinking shares."

9. The other way to exit is through private equity transactions.

This is not an orthodox private equity management method. It cannot be done on a large scale and can only be played by a few people.

But, it is convenient!

The troubles of subscription and redemption cannot offset the convenience gained in supervision and approval, as well as the freedom in investment direction and operational flexibility.

In fact, the "xx investment companies" that later appeared all over the street basically had this kind of operating model.

As long as you have a manager with sufficient skills and three to five or eight wealthy clients, you can easily open it.

Operating costs are extremely low.

A serious private equity company must be located in the CBD, in a Grade A office building in a core location, otherwise how can customers trust you?

As for corporate private equity, it is enough to have a small corner. Anyway, there is no need to raise large-scale external funds. It is most comfortable to open directly downstairs of the Foot Washing City.

The annual operating cost of the former in Shanghai starts at least 1 million, and normally costs more than 2 million. The bigger the cost, the more expensive it is.

The latter has a salary of 300,000 yuan, and can also reimburse a lot of foot-washing invoices...

But it has a big disadvantage -

Double taxation.

The company's taxes have increased, and the manager's personal income tax has increased again... It's really painful!

Therefore, we must find ways to avoid taxes reasonably.

Or register in tax havens such as the Cayman Islands and Bermuda.

Or register the company as a "high-tech enterprise" and enjoy many tax benefits.

The former was not considered by Han Lie, but the latter was completely acceptable.

In fact, as far as Han Lie is concerned, he doesn't care much about whether he can avoid taxes. Anyway, sooner or later, the stock market will become his cash machine, and no matter how much tax he pays, it will come from leeks.

But, you can't work like that.

There is obviously a solution, but if you don't do it, what will the customers who ask for cooperation think?
To be continued...