The last meeting was just a brief summary, and today's communication was considered specific. After some preliminary exchanges, Liu Lu basically got the heavy responsibility she needed to shoulder. Not only should she be responsible for recruitment, salary, bonus system and talent promotion system like ordinary personnel, but more importantly, the design and internal control of the company structure. In particular, internal control, Chu Yuanxi emphasized for a long time.

But Liu Lu doesn't feel it too long-winded at all. Because internal control is a problem for large companies, and it has a very great impact on the company's culture and atmosphere.

It is said that the personality of a company leader determines the company's culture. In fact, as a senior elite who has worked in human resources for more than ten years, Liu Lu has a much simpler view, and the company's internal control system is the most influential to the corporate culture.

An overly strict system seems unhuman, and the process is long, giving people the feeling that it is like setting up obstacles, but a loose system can easily make people take advantage of loopholes. It is easy to say for grassroots employees, but what about management? The most lively thing to hit the internal control board on the management, but it is not possible to not hit.

Take the weird cases she had seen, a management team signed an external payment contract with an amount of 1 million. He didn't come to the company on the day of the contract, but the contract was a small one, so the name had been signed in advance, and the process was just sent. As a result, when he thought of looking at the contract for a long time, he found that the amount was 5 million.

The management team made a quick decision and immediately applied for resignation, saying that they would not take the blame for anything. This is a typical cause of inadequate internal control.

Don’t think that only Celestial enterprises will have weird things. The famous Facebook and Google are even more weird than this.

It has been 2013. One day, Facebook and Google received a letter of payment, signed by TSMC. The email complained that the goods from the secret door of TSMC had been signed for a long time, and the boss quickly accepted the money. After today, the final payment was overdue.

The email contains a list of purchases of goods, invoices, heads of both companies, seals and executive signatures. Everything should be complete, and the detailed payee information is stated. How to "read" is a serious debt collection notice.

The problem is, you are in charge of finance. Two world-class large companies have transferred money without asking each other. There are a total of $122 million, which is nearly 8 small targets...

That's all, in the next two years, Google and Facebook also paid the final payment for this account, making the Lithuanian who sent the letter awesome. This internal control caused a sensation in Silicon Valley. The two giants left a classic case for global companies. Maybe they didn't expect to receive the money when sending the letter, and they could receive it for two years.

Therefore, there are many aspects of internal control problems, whether it is human factors or internal structure of the enterprise. Why is Google and Facebook so stupid? If the communication cost is very low, they will definitely ask, but what if the deadline is soon overdue? You can imagine what the internal structure and process of Google and Facebook are complicated.

The structure of Baren Entertainment is simple because its business is relatively simple. Even if all aunts and aunts have to do it, it is still "simple", but Xiaokang is not. The capital flow is like mountains and seas, flowing in a spider-web-like pattern, and the cost of internal control errors will inevitably be painful.

So these tasks are a whole, and internal control and enterprise structure complement each other. Liu Lu recorded all these needs one by one, and then... it was time to get the situation where you must first get started.

Liu Lu cannot talk about specific business without joining the company. Chu Yuanxi needs to keep the Xiaokang plan confidential. However, if he does not understand the specific business structure, he cannot develop an enterprise structure. The company's planning is closely linked, but fortunately, he still has plenty of time.

Therefore, Chu Yuanxi planned to raise multiple-choice questions according to the convention: "About Xiaokang, my personal idea is to imitate the composition of Baren Entertainment. I invest half of the angel round myself, about 100 million..."

Yuan Lu immediately screamed: "Wait, where did you get the money?"

Chu Yuanxi looked deep and said, "If I had no money, would you lend it to me?"

Yuan Lu: "I borrow it—"

Chu Yuanxi was very pleased.

Yuan Lu gasped: "I'll lend you a ghost!"

"Then you lose money. I will lend you Bridge Co., Ltd. to you." Chu Yuanxi was not under any pressure: "But don't worry, you don't have to borrow money. By next year's Spring Festival, Baren will have at least 400 million to 500 million in cash in his account, and just take a part of it to pay dividends."

"Are you sure "Come to the Mountain in Troubled Times" will make so much?" Yuan Lu was in a complicated mood.

"You have to believe that a product manager's vision for many years is the least. The monthly turnover of 200 million yuan is the minimum. The month of online and the Spring Festival are both high-income months. I have included the channels deductions of 400 million yuan. It is definitely a conservative estimate, and it is only a lot." Chu Yuanxi thought to ask if he wanted to bring Yuan Mu in now? It seems not suitable because Zheng De still needs investment. Now, it has become an affiliated transaction that is unclear. Unfortunately, Yuan Mu can be liberated in finance when he comes. It hurts so much that this strong labor force is not used.

He continued to say to Liu Lu: "This is how Baren's equity is. I have cash in the angel round. This part is paid-in capital, so I take the equity, and then the entrepreneurial team + employee stock ownership platform accounts for half of the options, and there is also a part of the options. When the angel round is done, I will look at the results and raise funds from the A round, and then the external financing will be raised."

Liu Lu had already learned about it before and nodded: "So, mine..."

"I'll give you a choice. A monthly salary of 30k and a 3% option, or a 1 million annual salary of 3% option, but a Class B stock. Xiaokang I'm going to use the structure of A stocks, voting rights of A stocks 10, and B stocks 1."

Chu Yuanxi said and exhaled. The double-layer structure of A-share stocks in the original world made him miserable, but after several months of thinking, he still couldn't find a better way. Unless Baren Entertainment can continue to have a well-off milk all the way and not raise funds to the outside world, ab-share stocks are still the best tool to balance investors and entrepreneurs for such companies that are destined to carry out huge financing.

Of course, Chu Yuanxi made up his mind to learn from the lessons from the original world this time and set the liquidation conditions a little more ruthless.

He knew that what had ruined him in the original world was not the double-layer equity, but the liquidation conditions that assisted this structure. In the end, he was also worried that he had no money to do liquidation. Therefore, as long as he firmly controlled the initiative of liquidation this time, the double-layer structure was not a problem.

The question is how to control the initiative? In fact, it is very simple. If a company does a good job, it can have a higher voice when talking about financing. This voice is not only reflected in valuation, but other financing conditions will also be affected.

.m.
Chapter completed!