At eight o'clock, Master Lei went to the hotel alone to meet with Li Mu. This time, he also brought good news - Kingsoft and Lenovo had decided to accept Taobao's acquisition offer and sell Joyo.
Hearing the news, Li Mu didn't feel particularly happy. Originally, Joyo.com was a turtle in the urn in his eyes. It would either be caught or killed by him. There would be no second possibility. Now they are willing to take action, too. Wanting to stop losses as much as possible is almost the same as cutting stocks.
So, Li Mu said to Leader Lei: "Mr. Lei, regarding Joyo.com, I will send someone to handle the follow-up acquisition work with you. Let's talk about our affairs today. I heard Mr. Liu say that you are interested in joining Taobao. ?”
Leader Lei nodded calmly and said, "I think Taobao is more suitable for me than Jinshan right now."
Li Mu smiled slightly: "It's such an honor for you to think so."
With that said, Li Mu first set out his conditions: "Mr. Lei, I personally hope that you can serve as the chief operating officer of Taobao and be responsible for the entire operation of Taobao. I wonder if you are interested."
When Leader Lei heard that he was the chief operating officer, he felt a little excited.
He never thought that Li Mu would let him be the chief operating officer. For an e-commerce website, the chief operating officer's status was very high and the importance was also very high. This really gave him face.
Later, Leader Lei couldn't help but ask: "Mr. Li, I would like to know if I have options in the company, or in other words, do I have the opportunity to subscribe for options?"
For Leader Lei, it is meaningless to talk about annual salary now. He is not short of this money. What he wants is greater development prospects, so he is more concerned about options, which is the top priority.
Li Mu nodded and said to Leader Lei: "We can provide you with 5% of Taobao shares. You don't need to pay for some of the shares, but you need to sign a five-year agreement and cash in 20% every year. If you cash in all in the middle For financing, 5% of the total amount will be diluted in equal proportions with other shareholders, but the diluted equity will still have to be equally divided and cashed out year by year based on the number of remaining years.”
5%, no more, no less.
If it's too much, Li Mu and Liu Gaodong won't be happy; if it's too little, Leader Lei won't be happy.
Leader Lei is at least a shareholder of Jinshan and Zhuoyue. Not only is he not short of money, but he is also very rich. If the offer is too little, it is impossible for him to agree to join.
Therefore, Li Mu and Liu Edong weighed it and decided to give him 5%, divided into five years.
Leader Lei also agrees with 5%. After all, Taobao is too big and has a lot of room for future development. 5% already has a lot of room for imagination, but it is not easy to get these 5% shares. At least the future must be taken. Five years dedicated to Taobao.
Thinking of this, Leader Lei asked: "What will happen if there is a breach of contract?"
Li Mu smiled slightly: "If we have the opportunity to do things together, it is fate. If the fate is over, we can separate. There is no need to talk too much, so you can leave your job at any time, just follow the normal process. If you have already obtained We will never ask you to replenish your shares, and the company will not force them to repurchase them."
Almost all companies will sign a several-year contract to bind people when giving equity, but the tightness of the bundle varies. Although it is said that the contract is for five years, Li Mu's idea is that you will get it every time you work for one year. One point, you have to leave after one year of service, OK, one point belongs to you, and the remaining four points will stop cashing in. Let's get together and part ways. After all, you have served our company for one year.
But some companies are not like that. When some companies sign an option agreement, it is also for five years, but there are very harsh conditions. If the five-year period is not expired and the option owner wants to leave, OK, the company will not give you the option. If you have the opportunity to win rights, the company will only buy back your shares according to the company's registered capital. There are too many tricks like this. Sometimes the company's valuation has exceeded 100 million, but the registered capital is only one or two million. In this case , the employees had no reason to explain at all.
Leader Lei is also very aware of the traps and routines in these contracts. Now when he heard Li Mu say this, he was amazed in his heart. Li Mu was really neat and tidy in doing things, and his reputation for not cheating his own people was not built on it. Trap, this is really a rare practice in the industry.
At this time, Leader Lei felt that since Li Mu was so straightforward, he had nothing to hesitate about. He reached out his hand without hesitation and said to Li Mu: "Mr. Li, I hope to fight side by side with you on Taobao. Make Taobao even better."
Li Mu shook hands with him and smiled slightly: "Mr. Lei, welcome to Taobao."
As he said that, Li Mu asked him: "I wonder when Mr. Lei will be able to come out of Jinshan?"
Leader Lei said: "I can resign at any time, because Jinshan will be fully taken over by Mr. Qiu, but I promised Mr. Qiu that I will wait until Joyo.com is sold before resigning."
Li Mu nodded and asked him: "Does this mean that your last job now is to complete the acquisition of Joyo.com by Taobao?"
Leader Lei nodded and said, "Yes, except for this, all other tasks will be directly taken over by Mr. Qiu."
Li Mu smiled and said: "That's alright. There aren't many things you need to do personally in the acquisition. We have already reached a consensus on the price. All that's left is to sign the agreement, conduct a systematic audit, and go through the specific acquisition process. In this way If so, you should have more leisure time in the future. I think in this case, it is better to come to Taobao in advance to get familiar with it. I will be holding a large-scale promotion event in the near future and I am preparing to have a meeting. Are you interested in participating? ."
Leader Lei asked subconsciously: "Brand Day has just passed, is Taobao going to do another event?"
Li Mu nodded and smiled: "While other e-commerce companies have not yet entered the right track, I will first staking out as much territory as I can."
Leader Lei said hurriedly: "Okay, I should be quite free recently. You tell me a time, and I will definitely come over to study more."
Li Mu smiled and said: "Studying is out of the question. Let's communicate more together so that you can integrate into Taobao's team and work rhythm as soon as possible."
Leader Lei nodded: "OK, I'll be fine at any time."
"Then let's do it tomorrow. I'll be on Taobao at ten o'clock tomorrow morning. Senior Brother Liu is going to Yuzhou the day after tomorrow. It just so happens that we can discuss it together tomorrow."
"No problem, I'll come over tomorrow morning!" Leader Lei said, feeling extremely excited in his heart. This feeling was very familiar, just like the mood he felt when he first joined Jinshan.
He has worked on Joyo.com and knows how difficult it is for e-commerce to advance at the moment. He also knows that Taobao is promoting e-commerce at an outrageous speed. The Brand Day event is simply unparalleled, so he can't wait to know what Li Mu is doing. After Brand Day, what kind of promotional activities are planned
What I want to do in the future is the entire Taobao operation, and I may have to plan and promote this kind of promotional activities in the future, so I must first be very alert and learn more from Li Mu.
What Li Mu wants to do tomorrow is to give Master Lei a good show and give him a lively operation lesson. He will use his understanding of the e-commerce industry that has been leading the e-commerce industry for more than ten years to thoroughly teach Master Lei through this daily necessities department store promotion. Impressed, it made him feel awe of Taobao and himself, made him aware of his own gaps and shortcomings, and forced him to unleash more potential after joining the company.
Having decided to attend a meeting on Taobao tomorrow, Leader Lei thought about the acquisition of Joyo.com and couldn't help but ask Li Mu: "Mr. Li, can you give us a rough idea of how Taobao will arrange this if it completes the acquisition of Joyo.com?" The business, and the previous team.”
Li Mu smiled and said: "The team of Joyo.com can be integrated first, but I don't plan to keep Joyo.com itself. After the acquisition is completed and the team comes over, I will open a new channel on Taobao, a book and audio-visual channel, and at the same time establish a The new business unit, that is, the Book Audio and Video Business Department, merged Taobao's audio and video product team with the Joyo team. After the book audio and video channel was launched, an announcement was made for Joyo.com for a period of time. After the announcement period, Joyo's domain name Jump directly to Taobao’s book channel.”
When Leader Lei heard this, he nodded slightly, but he couldn't help but feel a little melancholy.
Li Mu's acquisition of Joyo.com is actually to eliminate Joyo.com. He will not retain the Joyo.com brand. In other words, once Joyo.com is sold to Li Mu, it will start the countdown to its disappearance. Once the time is up, there will be no more Joyo.com in the world. Joyo.com and Joyo.com's domain name will also become a portal that can only jump to Taobao books and videos. Thinking of this, Master Lei felt quite sad.
But this sadness is fleeting. In Li Mu's eyes, the platform he worked so hard to build can only support half a channel. It's surprising that Li Mu is willing to keep Joyo.com...
Although Joyo.com is gone, Joyo's old team is still under his jurisdiction after being absorbed by Taobao. This gives him great comfort, and he can redo the book and audio-visual business under the framework of Taobao. The business is amazing this time. Not only does it have a platform as big as Taobao, but it also has a traffic as large as Makino Technology and the full support of major record companies. The book, audio and video business can definitely be bigger and better.
Li Mu suddenly smiled and said, "By the way, it seems we haven't discussed your salary yet. I wonder what Mr. Lei's salary requirements are?"
Mr. Lei waved his hand hurriedly: "Mr. Li, I don't have any salary requirements. To be honest, I didn't join Taobao for the salary."
Li Mu smiled slightly and said, "If Joyo.com is sold for US$10 million, you should be able to get more than US$1 million, right?"
"Okay." Mr. Lei nodded. He has more than a dozen shares in Joyo.com. If he sells all of them this time, he can cash out more than one million US dollars, which is almost more than 10 million yuan.
Li Mu said: "Let's do this. After joining the company, we will get a basic annual salary of 500,000 yuan."
The annual salary of 500,000 yuan is actually just drizzle to Mr. Lei. He himself doesn't care. He nodded very readily: "Mr. Li, you can make the arrangements. I don't have any objections."
The second update is here. Thank you to the leader [37 Game Fei Ge] for the 200,000 starting coin reward, and to the leader [Big/Take] for the 100,000 starting coin reward. Thank you all! Thanks!
(End of chapter)