Chapter 17. Shares require capital
"Three thousand dollars...we can probably take out so much."
When Sandy said this in a low voice, her heart had completely fallen to the bottom.
In fact, as early as the night of meeting with Alice, she had a fierce quarrel with her husband on the way back to Stanford.
According to Sandy, even though Alice was very lucky to develop a router, the couple were real professionals after all. The so-called famous family, as a teacher in the computer department of Stanford University, just putting this name out is enough to attract many customers. In comparison, a little girl who is only twelve years old is nothing.
God knows that it is just an ordinary Chinese middle-class family. Maybe he doesn’t even know what the patent is!
According to Sandy, although it was a great achievement for the girl's father and James Wang to become a professor at UCLA, he was nothing more than an ordinary teacher.
Yes, how many teenagers in the United States are interested in history? They don’t even know this. Then, as a Chinese, he chose American cowboy culture as the research direction. Typically, they are just flattering actions of new immigrants trying to integrate into American society.
There is really no need to be polite to such a partner. If you can take down the other party's skills and let yourself take over the power, that would be the best!
Although her husband repeatedly objected to her views, Sandy did not waver her mind, but instead had an idea to test the other party.
So, on the day when Alice's family was invited to visit, after Sandy's repeated insistence, Posack changed into a straight suit, and the BOSS brand was specially bought for 400 US dollars. She also wore a rented Chanel suit and prepared to welcome the guests with a neat spirit.
As expected, when Alice's family arrived, they did not recognize the style of clothing they had.
No, Sandy still discovered that Sophie Wang, who married a Chinese, recognized it, but her yellow-skinned husband and the little devils completely ignored this!
So, when Alice asked for 70% of the technology to invest, Sandy almost opposed it without hesitation. It was because of the qualities of middle-class university teachers that she could not be greedy for the girl.
Even the Chanel suit she rented, worth thousands of dollars, was so embarrassed to ask for such a high stake!?
But what Sandy didn't expect was that Alice's logical and dialectical thinking was quite good. When the series of words were spoken erraticly, she was completely stunned!
What made Sandy even more angry was undoubtedly Alice's smile-like expression after saying this string of words.
What's so funny?
Didn’t you just have luck in making products a while ago?
But when Alice finally asked how much money the couple could invest, the embarrassment came.
"Three thousand dollars?"
Alice blinked and looked at Sophie and James, and saw that her parents were also stunned.
"Santi, are you sure you are not talking about 30,000? Although the oil crisis is still raging, it will not make the income of university teachers low... so low, right?"
She looked at the Posacks with a strange look: "Did you have a lawsuit not long ago and paid all your savings to lawyers? Even if our country advocates advanced consumption, you won't have only such a small amount of savings, right? No, can't you apply for a loan?"
Sandy's mouth twitched uncontrollably, and no matter how hard she tried, she couldn't make a sound.
Finally, Posack spoke: "James should also have an understanding of this. Not all projects can be supported by university teachers when conducting research. We and Iger did not receive support when studying the field of Internet communications because the school is not optimistic about this achievement, so we have always paid advances with our own salary."
After the words came to his voice, Sandy seemed to have found her backbone and hurriedly said, "Yes, yes, so we couple have already started to spend money on this product. Although we couldn't compare with you in the end, this is also an early investment. We spent tens of thousands of dollars to purchase various experimental equipment. If we count this capital, we can also offset 5 to 10% of the shares, right?"
Alice laughed silently, Sandy Lerner, no, Mrs. Posack, who is not divorced, has a striking desire for control and power.
Sophie smiled confidently: "This is not very reasonable. Madam, your so-called early investment is only a pure personal behavior and has nothing to do with the company. And we are now preparing to establish a business in partnership, so how can we pay for it?"
Alice continued her mother's words, "Yes, if your early investment has achieved results, you can indeed directly invest in technology, but now the results are mine. If you also invest in technology, it would be too unfair, right?"
At this time, James also spoke.
"Technical investment, capital investment, or fixed assets are measured in cash, but these three ways. The development of the company cannot be without financial support. Alice has already invested in technology. If you also want to acquire shares from a technical perspective, then no one will pay the part of the investment?"
After James finished speaking, the only thing the Posacks could do was look at each other.
When it comes to professional and technical fields, they can definitely defeat James and Sophie with eloquence. But if they were in any other aspect, such as the tricks of establishing a company, such as the relevant provisions of the Enterprise Law, or even eloquence, would be far from what they are good at.
"We will borrow money, you can rest assured of this!"
Sandy gritted her teeth and said in a silence: "We have a good reputation in all banks, so it is not difficult to borrow a loan. Stanford can also fund a part of it, about 20,000 US dollars can still be collected!"
Alice and Sophie looked at each other again, and they smiled silently.
"Twenty thousand yuan is enough as the initial fund. After all, the production process of the router is not complicated. The focus is on programming, that is, the purely technical requirements are very high. This money is more than enough to register a company, rent an office, and purchase the parts required for the first batch of goods."
Alice said loudly: "So, as we all know, I am still young and I am not involved in business operations. So after submitting the relevant technologies, including product production and the promotion and marketing of the first batch of customers, we will give them to you?"
She looked at Sandy with a smile: "Mrs. Stanford University can be the first customer, right? With the relationship between you and your wife at school, it is not difficult to get the first order for our new company, right?"
Sandy nodded silently. Alice's words were said by themselves. It was true. Alice was still young and she had mastered the first batch of customers...
Suddenly, an extremely awkward feeling came to my face, which made Sandy stunned.
What is the current situation?
The company is about to be established, so you should be happy, but the current share allocation and responsibility allocation...
"Then I'm the marketing manager?"
Sandy was a little confused. Who is she? She is a teacher and senior engineer in the Stanford Computer Department. Shouldn’t she be a technical director? How did she become such a role!?
"Yes, I can't do this kind of work, right?"
Alice was even more innocent: "Although I can't go door to door to sell, it's not as good as your innate advantages. Besides, I have to go to school, upgrade and update the router time-consuming and laborious, go out with my friends, and complete those damn homework. Do you know that I have to prepare for my graduation performance in June? So, you must do this marketing position."
"Besides, if you don't take action, let a little girl go door to door and lobby... This... I won't talk about the issues of the Minor Protection Law and the Labor Law. Do you have the heart to bear it?"
Alice blinked her big eyes quickly as she said the last sentence.
The whole family was having fun secretly, and even though Oscar wanted to roll his eyes, he couldn't help but laugh.
Seeing what his wife was going to say, Posack held her wrist.
"Then let it be. Alice Technology invests shares, and we invest funds. The amount we can take out is about 20,000 US dollars, but only 30% of the shares are still too few, right?"
Posack smiled softly, not as aggressive as his wife, which made the Alice family feel relaxed: "Just Alice herself said, she still has daily life to deal with, and we as adults can focus all our energy on the development of the company."
"Customer promotion, product production, management accounts, and capital investment, not to mention that we are still engineers after all. So, if we, a couple, only account for 30% of the share... it is too small? Unless... Mrs. Wang and Mr. Wang are also planning to get involved in the company's operations?"
When Posack finished his last sentence, he looked at James cautiously.
It's really too few.
If it were Bill Gates when he founded Microsoft, only Paul Allen was around, then it would be no surprise that the four or six distribution would be. But now, the minimum number of investors is also three, and Alice will theoretically only provide technology. Unless James and Sophie also have to work in the company, "her side" should not account for 70%.
Otherwise, it would be too bullying!
Even if intellectual property rights are important, you cannot just be a 70% share by being a hand-off manager!
What's more, collaborators are also intellectuals, okay?
Is it good to respect intellectuals?
Since we all respect knowledge, how can we disrespect intellectuals?
Besides, if the entire Wang family really holds the company's shares and accounts for 70% of the shares...
Then wouldn’t Cisco become a family business?
He and Sandy have really become purely high-level workers!
"Then reduce the proportion."
Alice smiled.
Only by being willing to give up small profits can you win big profits. At this moment, it is actually meaningless to be entangled in equity distribution.
You know, as long as she doesn't deliberately die, according to the normal historical trend, the founder couple will be kicked out sooner or later.
However, it would not be so easy to let Alice give up the initial stake in the company.
So, just as the Posacks showed joy, her eyes turned weirdly.
Chapter completed!