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Chapter 119 Translation Translation What is a Capitalist?

Chen Changan couldn't understand Yu Cheng's words from his own perspective. After all, he had never been in contact with investment banks and did not understand these investment banks' personnel ideas.

But seeing Yu Cheng's true feelings, he felt that they should be true.

However, he asked a little curiously: "Since that's the case, why didn't Mr. Yu start his own business? I believe that in the past ten years of working in investment banking, you should have accumulated a lot of personal resources. If you want to start a business, you should be able to bring together a group of backbones, right?"

Indeed, an old investor who has worked in an investment bank for ten years has some connections in all walks of life. If you want to start a business, you still have a very advantage.

Many excellent entrepreneurs are from investment bankers, especially in the Internet industry, and many investment bankers are engaged in Internet entrepreneurship.

With Yu Cheng's qualifications and connections, and he is not old, he can try to start a business by himself. At that time, Chen started his business only when he was 37 or 38 years old, and he never feared being too late!

Yu Cheng smiled awkwardly and said embarrassedly: "The things involved in entrepreneurship are very complicated. It is not just about understanding financial operations and being able to run companies to start a business successfully."

"We are very clear about the investment banking industry. If an entrepreneur wants to succeed, he must have a good project!"

"If I were asked to be an Internet company, maybe ten years ago, I might have had the chance to succeed, because Internet companies mainly focus on how to obtain traffic and how to monetize traffic. In this regard, I have done financing for many Internet companies, so I still have some experience."

"But the current Internet industry environment has stabilized, and the 20-year entrepreneurial hike period has passed. Now, the three major BTA giants have built a complete Internet ecosystem chain in the domestic Internet market, and it is difficult for any unicorn companies to appear again."

"The Internet projects that can be done are basically all involved in these three giants. I really can't think of any good projects to try."

"And emerging industries, such as artificial intelligence, the Internet of Things, and intelligent robots, have a high risk of entry now, and I have no experience and don't have enough capital to enter the market. The cost of entry in emerging industries is too high."

"As for industry, I have never done industry. A product has to go through dozens of steps from purchasing raw materials to delivering to consumers. I don't understand these, and it is not suitable to start a rash business."

"So finding a large enterprise that needs financial talents is the most suitable choice for my future career path!"

Yu Cheng said it very well, and Chen Changan listened very seriously. After Yu Cheng explained, he nodded in agreement.

I won’t talk about whether the reason Yu Cheng said is right or not. At least Chen Changan thinks he is very rational and has a very good plan for his career. Without the passion, he will start a business.

But then I thought about it, Yu Cheng was all thirty-seven or eight years old, carrying the burden of the whole family on his shoulders, and obviously he would no longer be as impulsive and passionate as a young man in his early twenties.

It is already awesome to be able to resign from an investment bank for his ideals, step out of this comfort zone, and enter a new industry.

If Chen Changan himself was replaced by himself, he would give up a stable job with an annual salary of more than one million for a little ambition and ideals, and choose to start over with another industry, then he would definitely not do it.

How much is the ideal value?

But Yu Cheng did this and did it very decisively. He did not resign after finding a next home, but instead quit naked.

Chen Changan admired him very much because of this alone.

Since you have understood the job search situation, you naturally need to examine Yu Cheng's work ability.

Chen Changan needs a talent who is proficient in financial operations so that he can formulate a complete plan for the subsequent financing and subsequent business operations of the parent company.

So he first raised a test question: "Mr. Yu, I have roughly understood your ideas. Next, I want to ask you some questions about company operations. I hope you can give me a satisfactory answer to prove your outstanding work ability."

"Of course." When it comes to serious business, Yu Cheng immediately straightened his back. He was still very confident in his work ability. The ten years of hard work in investment banks were not a waste of money. He was very proficient in the financial operations of a commercial company in all aspects, but he had always lacked a platform to show it.

Chen Changan smiled and asked the question he had troubled these days: "If you were asked to set up an employee option pool for Ruikang Medical, what would you do?"

Yu Cheng didn't hesitate at all. It seemed that he had guessed that Chen Changan would ask this question and said clearly: "If I were asked to do it, I would refer to Huawei's option plan."

"Ruikang is not a listed company. Generally, the share option granting plan established by listed companies is not necessarily applicable to Ruikang Medical. However, as a company that is also not listed, Huawei's option incentive plan should be considered one of the best in China!

Even compared with some listed companies, it is not inferior at all, and even more attractive!

In most mature listed companies, every employee with a certain working life can spend money to buy a quota of shares. Although most of these shares cannot be bought and sold at will after the exercise, and if you want to sell, you can only sell them back to the company at the share price on the same day.

However, we can give these option shares dividend rights, so that the profits of participating in dividends will be very rich every year. If you want to get a large amount of money at one time, you can also choose to sell the option shares back to the company after the exercise is completed.

When employees of options joint-stock companies spend money to buy, they buy at an internal price that is far lower than the market price. Generally, they can get a return rate of three to five times when sold! This money is not a small amount!

We can even learn from Huawei, and deliver a certain proportion of options every year based on the positions, levels, performance of different employees. This option does not require money to be purchased, and the cycle is generally 5 years.

There is no dividend when you purchase it in the year. You will receive 1/3 of your dividend every year in the first three years, and you will receive all the dividends in the fourth year.

At the same time, the stock appreciation settlement was obtained in the last year, and the stock amount was cleared. The plan not only alleviates the cash pressure on employees to purchase stocks, but also strengthens employees' enthusiasm for work through options.

And then give some option shares purchase amounts to the management at a certain level or above, and sell them to the management at a price of 1 yuan per share or 10 yuan per share.
Chapter completed!
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