The annual salary of US$500,000 and the original options of 30,000 shares were the salary package Li Mu gave Ben. Clarkson. The stipulation for cashing out the options was that a maximum of 10,000 shares could be cashed out in a year.
According to the employee option rules formulated by Li Mu, as long as Ben. Clarkson does not resign, these original shares can be held until the company is listed and automatically converted into shares of equivalent value. Once he leaves within three years, the remaining unexpired shares will be lost. The options will be automatically withdrawn; if he leaves the company after three years and the options are not fully exercised, the remaining options must be paid back by the company at the valuation of the company's last financing or the market price of the stock price after listing before leaving the company. purchase.
Li Mu's option agreement is the most open and transparent in the industry, and it is also the most reasonable. It does not set any traps for employees, and it does not force the repurchase of options based on registered capital like some unscrupulous companies. Li Mu's The purpose is: it is best for suitable talents to stay in the company for a long time and work together. The company will never treat them badly. However, if they want to leave midway, the company will also have objective and reasonable methods to protect their vested interests. It is easy to get together and part ways. Li Mu’s expectations for departing employees.
At this stage, Ben. Clarkson's salary as a magazine editor-in-chief is about US$200,000 a year, which is considered a standard high-income group in Silicon Valley.
The salary Li Mu gave him more than doubled on the existing basis, and what was really worth looking forward to was the 30,000 original stock options.
According to the current valuation, the total value of the 30,000 original stock options is about one million U.S. dollars. And with the development speed of Makino Technology, the actual value of this option may double next year, reaching two million U.S. dollars. By that time, he can exercise just one-third of his rights, which is an income of hundreds of thousands of dollars. If he is not in a hurry to exercise his rights and waits for Makino Technology to go public, he may even be able to turn over three to five hundred dollars without any problem.
After receiving this clear treatment, Ben. Clarkson and his wife decided to accept the offer without much hesitation. In order to ensure that nothing would happen again when he joined Makino Technology, Li Mu asked Lin Qingya to sign a guarantee with him first. The contract, this guarantee contract, clarifies many of the salary benefits that Makino Technology will give him. At the same time, Makino Technology will provide him with a house with an area of no less than 120 square meters in an area within three kilometers of the Yanjing Makino Technology headquarters. house and a private car worth not less than 500,000 yuan.
The house and private car were provided to Ben. Clarkson for free, not as a gift. However, this was far beyond his expectations. The company provided him with such meticulous and considerate living benefits, which made him and his wife particularly special. surprise.
When Ben Clarkson started the resignation process at the magazine where he worked, Li Mu decided to return to China.
Although there are still many important things in the United States right now, he still decided to prepare to return to China.
Lin Qingya did not understand Li Mu's sudden eagerness and obsession to return to China. She approached Li Mu many times and pleaded with him in the hope that he could stay in the United States until the middle of next month, but Li Mu refused.
Lin Qingya felt that her reasons for begging Li Mu to stay were very good.
First of all, Sequoia has begun to understand the company's flow situation. According to the "unequal treaty" Li Mu reached with them, after they understand the company's general flow situation, they must immediately transfer US$3.3 billion to Makino Technology's account. Chi Dao said that at the beginning of December, the money should have come down. Li Mu left at this time. She was worried that the financing problem would change unexpectedly. After all, the venture capital industry is a very fucked up industry. All due diligence and financial work may be done today. Even after the signing work was completed, the capital side would still regret it if they turned around. Makino Technology had raised US$3.3 billion. Without Li Mu, she was not sure she would be able to control it.
Secondly, Thanksgiving is coming soon, and the Thanksgiving global competition event of "Paradise Town" is coming to an end. This event has aroused the crazy pursuit of hundreds of millions of players around the world. In the final sprint stage, it will definitely trigger an even greater number of If Li Mu is paying attention, the team will have more confidence and confidence;
Thirdly, the competition for the top school beauties in the United States has been advancing steadily. This event is also very influential. Everyone hopes that Li Mu can continue to stay in the United States and take control.
But Li Mu never let go.
What he told Lin Qingya was that two Makino Impression movies were going to be released one after another, and they involved the online ticketing system, so he wanted to go back and watch. In addition, Taobao Logistics has been developing rapidly, and he really wanted to go back and watch it. one look.
As for the financing here and the two major events of "Paradise Town", Li Mu is not worried at all.
He told Lin Qingya that there would be no changes in Sequoia's financing. Without this foresight, Sequoia would not be able to become the world's top investment bank; and for those two events, the entire plan had already been set, and the remaining The next step is to proceed according to the planned plan. Even if I stay in the United States, I will not do any actual implementation work. Everything still has to be controlled by the team in the United States.
Lin Qingya felt that the things Li Mu said were not as important as he showed, but Li Mu was her leader after all, and he insisted on leaving, and Lin Qingya had no choice.
The main reason why Li Mu is anxious to return to China is that SARS is very close at hand. If he remembers correctly, there will be confirmed cases in December. After all, there is less than a month left, so he wants to return to China in advance to prepare.
In addition, the online ticketing system developed by Fang Xudong is still waiting for his personal acceptance. After the acceptance of this system, "The Girls We Chased Together in Those Years" will be released on December 7, which is just the time to test this system. It's a good opportunity, and "Crazy Stone" will also be released during the Spring Festival in January 2003. If these two movies are good enough, our own online ticketing system will surely rise quickly and occupy domestic theaters as quickly as possible. .
Therefore, Li Mu has now made the decision to return to China as soon as possible, and no one can persuade him.
It’s just that when Li Mu came to the United States this time, he still had one last thing to do, which was to meet Steve Jobs.
When Li Mu came to the United States, he asked Lin Qingya to make an appointment with Larry Page, Bill Gates and Jobs. Larry Page had already met, but Bill Gates and Jobs had not yet met, but some time ago Because of his speech at Harvard, Bill Gates suddenly didn't want to meet him, and now only Jobs has not met.
Speaking of Jobs, he didn't have any airs about Li Mu. After Lin Qingya revealed her identity and intention, he basically agreed to meet with Li Mu. However, Li Mu was running around in the background and never caught up with Jobs' time.
Before leaving this time, Li Mu asked Lin Qingya to make an appointment with Jobs again. What Li Mu didn't expect was that Jobs had just left Silicon Valley and would not be back until at least Thanksgiving.
Li Mu could only give up in frustration. He originally wanted to meet this super boss-level figure who would be worshiped by the entire world in the future, but this time it seemed that there was no chance.
So, three days before Thanksgiving, Li Mu, Li Ziwei, and Wang Yuanlang, their three personal bodyguards, took an Air China flight back to Yanjing.
At this stage, Li Mu is extremely famous and well-received in China. He has reached the stage of being a national idol. Harvard's speech is regarded as a counterattack by the Chinese people and Chinese entrepreneurs, and he signed a contract with Sequoia estimated at 33 billion. The valuable financing contract also made Li Mu famous in the country.
Because the general public pays special attention to Li Mu, the media has been paying attention to when Li Mu will return to China. However, they did not expect that there would be no news at all about Li Mu's return.
When Li Mu returned to China, no one else knew about it except his parents, Su Yingxue, Zhao Ziqiu, the absolute top management of Muye Technology and Taobao, and his friends like Chen Ze, Song Liang, and Wei Lan. Moreover, the reason why Li Mu returned to China was The news was jointly blocked by all insiders, and no media knew about it from beginning to end. Even the customs when he returned to China, knowing that Li Mu did not want to publicize it, showed full respect and strictly blocked his return. information.
After returning to China, Li Mu did not immediately appear in the public eye. The first thing he did was to work with Fang Xudong to experience the online ticketing system that had completed internal testing.
This online ticketing system is the key to Li Mu's future success in the Chinese and Hollywood film and television circles. It is a very important game for Li Mu in the future of pan-entertainment, so Li Mu pays special attention to it.
The full name of the online ticketing system is "Muying Online Ticketing System", and the real external brand is "Muying". The online ticketing system is actually owned by the independent company that was separated from the dismantling of the system - Makino Imaging, and the technology Support and daily operations are handled by Makino Technology’s team.
Muying System is the first Internet product that mobilizes all the resources of Li Mu. It is a product born with a golden key in the true sense of China Internet.
First, Muying not only has its own independent domain name:, but it is also fully embedded in YY and Taobao:
After users in China update the latest version of the YY client, a new Muying Ticketing option will be added. After clicking, it will directly open Muying Ticketing's independent second-level domain name in YY: muying.yy.com;
The Taobao homepage has added the product category of "Movie Tickets". When users click on "Movie Tickets", they will enter Muying Ticketing's secondary domain name on Taobao: muying.taobao.com;
Second, the promotional traffic of the Muying system will be provided by Makino Technology and Taobao Technology. In other words, in the future, both YY and Taobao will spare no effort to promote this system and divert traffic for it;
Third, Alipay will serve as the only online payment channel for Muying system, providing safe, reliable, fast and convenient payment support for Muying;
Fourth, all theaters acquired by Li Mu have been renovated and will all become experimental fields for the Muying system. Even in the early stages of launching the Muying system, all theaters acquired by Li Mu will terminate offline movie ticket sales. Converted to online sales of Muying system.
(End of chapter)