Chapter 106 If you can't walk, then run! (Complete)
On the fifth hour after the fixed-point test began, Sun Baoyin keenly discovered serious flaws in the project engineering through a series of bugs.
Now it is not considered as an invitation for closed beta testing. According to the process, it will have to go through a round of public testing without deleting files before it will be officially released. It is normal for there to be many bugs.
This does not make Sun Baoyin, the oldest, most mature and gentlest among the original eight-member founding team, so anxious.
Under the surface that the mobile game cannot be launched on time, there are a series of problems such as Bolang's immaturity and disorder in project engineering.
Not only that, this time Sun Baoyin immediately saw the crisis in Bolang's current stable development.
This cannot be solved by recruiting more part-time outsourcing developers.
The key point is that Bolang needs to work on his internal strength.
To sum it up in one sentence:
Bolang's current scale and internal integration situation cannot support operating two or more products at the same time.
That is to say: just launching a new mobile game business is already considered a big deal for Bolang.
If we look at it from the surface, according to the idea that "fast is slow, slow is fast" that Wen Liang has emphasized many times to everyone, there is only one solution to this problem:
slow down.
Don't rush to develop.
Obviously, this is impossible and is no different from bullshit.
Taking it one step at a time does not mean that.
After sorting out the issues Sun Baoyin mentioned, Wen Liang made a decision: "Let's not work behind closed doors. We will hold a regular meeting next Monday to brainstorm and see if there is a proper solution."
Hearing this, Sun Baoyin hesitated: "Isn't it an office meeting?"
"This does not involve core interests and can be expanded into a regular meeting." Wen Liang said calmly, "I will send an email right away to give everyone some time to think."
Bolang has two main meeting formats. One is an office meeting, which is limited to co-founders and specially invited people with everyone’s consent.
The other is a regular meeting, which covers department managers, general assistants, etc.
The former is currently attended by all 11 co-founders.
Except for Chen Jiaxin, Sun Baoyin, Li Ze, Tang Pu, and Wang Wanyu, the other co-founders of the latter did not participate.
There are also shareholders' meetings.
It mainly discusses the overall profit distribution and is generally not arranged to be discussed in the company.
So far, only one shareholders' meeting has been held, and the next one is estimated to be at the end of 2012. After all, general dividends and the like are not considered total profit distribution.
Sun Baoyin drank the glass of water, stood up and left the general manager's office.
Although it involves a relatively in-depth matter, it will not stop eating because of choking, and even program bugs will not be solved.
What's more, today Sun Baoyin led all the staff of the R&D department to work overtime just to deal with the bugs that emerged during this fixed-point internal test.
…………
Not many managers came to work overtime today. For example, Wang Wanyu didn't come. She took Li Rang to the children's playground.
Wen Liang doesn't like to deal with official work at home. He comes to the company when there is official work. Anyway, he gets overtime pay for working overtime.
That's great.
Wen Liang continued to deal with the matter at hand.
The main matter is the first batch of employee option distribution plans.
This time the scope is very small, it serves as a benchmark and inspires the passion of all employees.
The total number of options to be allocated is only 1 million shares.
Based on a valuation of 0.03 yuan per share, the total price that employees need to exercise for these 1 million options is 30,000 yuan, a figure that is better than nothing.
According to the financial model analysis results of Wang Wanyu Construction, the current internal valuation of Bolang has also increased to 200 million yuan, and the actual valuation per share has reached 0.2 yuan.
Compared with December last year, it increased by 6.66 times!
The company's total assets have exceeded 100 million yuan.
Of course, based on the highest valuation of 1.9 billion yuan that venture capital can give, that is 1.9 yuan per share.
That is: assuming that the exercise period has passed and Bolang has also started financing, employees only need to spend 0.03 yuan per share and can choose to sell the shares, and then sell them at a high price of 1.9 yuan per share.
The company's options are the rights granted by the company to the incentive objects to purchase a certain number of shares of the company at a predetermined price and conditions within a certain period in the future.
Taking Bolang's current operations as an example, throughout 2012, Bolang will grant some employees the right to purchase a certain number of shares in the future at a determined value of 0.03 yuan per share.
According to the rules set by Bolang, you can exercise this purchase right and become a shareholder of the company only after serving two years and three years;
No matter whether Bolang is listed or the internal valuation has risen to tens of billions of dollars, the number of options granted will still be purchased at 0.03 yuan per share.
If the awarded party resigns within the next two or three years, it will be deemed as giving up the rights, and Bolang will reclaim the options at a value of 0.03 yuan per share.
If you exercise your right to purchase and become a shareholder and then choose to resign, Bolang will reclaim the shares depending on the circumstances.
For example, forced recovery of shares at the then internal valuation per share price.
For example, if the company is listed, some operations such as market value recovery will be followed.
The core is share recycling, and the difference is the recycling price.
Finally, these ancillary terms vary from company to company. Some allow you to continue to hold shares and enjoy dividends after resignation, and some allow free trading after listing, etc.
Bolang is different. Bolang has resigned, and the shares must be forcibly recovered at any cost.
Anyway, the option plans popular in many companies are also the distribution system implemented by Bolang at this stage, and are not static. As the company grows, Wen Liang will sort out more appropriate distribution systems time and time again.
As a side note, Xiaocheng Shu can be recognized by the market as having such a high value, especially thanks to the veteran Sina Weibo.
If Weibo hadn’t put so much effort into launching the Starlight Project to dig up the roots of Little Orange Book, Little Orange Book wouldn’t have been able to ride on the wind so quickly. Until now, it has reached a scale that is not afraid of any challenges.
…
Wen Liang looked at the list form in his hand. His thoughts were a little far away. Now he calmed down and signed his name at the end of the plan with the word 'agree'.
After the document is signed, the option grant will be made public next week, and the shares held will not be disclosed in accordance with the confidentiality agreement.
There are not many people on the first batch of lists.
There are only 4 people, namely: Duan Yi, Powan, R&D department and two employees who came from training institutions.
The new legal department manager with a master's degree, the experienced public relations manager, and Li Xia were not on the first batch of option grant lists.
The first batch of four people are all ordinary employees, and their work performance is worthy of granting options.
It will also give all current employees hope and realize that what Wen Liang said, "Management and technology are just different divisions of labor" is not a slogan.
After handling this matter, Wen Liang focused his thoughts on the problem reported by Sun Baoyin: "The lack of employees is definitely the root cause, but it is not just this problem."
"Right now, we are just running a small orange book online and incubating a mobile game internally. There are all kinds of big problems. If we want to fundamentally solve them, we probably have to start running."
In the end, Wen Liang gave himself a halo of Ah Q-level deceptive hints.
"As long as your thinking doesn't slip, there are always more solutions than difficulties."
Then continue to clarify your thoughts.
"..."
…………
…………
Monday the 20th.
At ten o'clock, Wen Liang and Chen Jiaxin, who had just finished class, rushed to the company.
Subsequently, Wen Liang presided over a regular meeting.
Participants included Wang Wanyu, Chen Jiaxin, Sun Baoyin, Tang Pu, Li Ze, Li Xia, legal manager Lin Hong, human resources manager Yuan Shiya, and public relations manager Xin Dai.
Li Xia took over the task of Chen Jiaxin's meeting minutes.
His eyes swept over everyone, and Wen Liang spoke in an easy-going tone: "This is the first time you have held a regular meeting since you joined the company. Let me just say a few words."
The four new members, Li Xia, Lin Hong, Yuan Shiya, and Xin Dai, each introduced themselves.
There is no need to say more about the beginning of summer.
Lin Hong, male, 31 years old, in the prime of life, has extensive experience in the field of law.
Yuan Shiya, female, 32 years old, has rich personnel experience, but based on her current performance, it will be difficult for her to make further progress in Bolang.
Xindai, female, 33 years old, has a strong personality, capable style, and is vigorous and resolute.
Xindai was introduced by Wang Wanyu through a friend. She used to work for a well-known large company in Shanghai. She is senior in corporate crisis public relations and has a lot of experience. Bolang gave her a lot to come to Yangcheng.
Compared with the small temple of Bolang, these talents were considered to have very high abilities to join, which surprised Wang Wanyu for about a long time.
Because both Xin Dai, who has a strong personality, and Lin Hong, who has a master's degree in law, have tempered their sharpness after meeting Wen Liang.
Director Wen just wanted to say: It’s no big deal, just sprinkle it with water!
Then, according to the seating arrangement, Wang Wanyu, the very important financial manager of the department, spoke first: "Mr. Wen, everyone, let me announce some good news first."
"The company's actual self-operated business revenue this month was 21.09 million, and cooperative business revenue was 19.21 million, a new high compared with last month!"
After hearing this data, everyone present could not help but applaud and celebrate.
As the number of users of Xiaocheng Book has skyrocketed, the revenue from self-operated advertising business has become higher and higher, and the proportion of net profit is also quite high.
On the other hand, as soon as the scamming incident on Weibo happened years ago, coupled with the high income of brand partners and the brand dominated by Huang Xixi, more people joined the brand partner cooperation plan and cooperation area.
Module development is also changing day by day, so the revenue from cooperative advertising business is increasing.
It's just that this part of the revenue of Xiaocheng Shu only accounts for a small part, and there are also cost expenses. The net profit is not that impressive compared to the total revenue.
After Wang Wanyu, Li Ze and others spoke briefly to announce their respective businesses.
After listening to everyone present, Wen Liang made a gesture: "The main tasks of the meeting have been sorted out and sent to everyone's mailboxes on Saturday. Now let's talk about your solutions."
After the words fell, Xindai spoke first and spoke directly: "I have encountered similar problems during my work. Based on my relevant experience, I think we can appropriately expand the company's scale and carry out talent echelon construction."
Li Xia disagreed: "This method treats the symptoms but not the root cause. As long as it is like this, there will never be enough people and expansion will always be needed. We should find a root cause solution from the project.":.
Sun Baoyin, who raised the issue, has obviously also thought systematically: "This is not a problem that exists alone in large companies. I have considered a two-group R&D model."
"..."
“Project engineering solutions must also rely on scale expansion.”
"..."
The plans everyone summarized obviously took into account quite a few angles.
Combining it with his own thoughts, Wen Liang also made a decision.
Now it seems obvious that walking is no longer feasible, the only option is to run!
So, after everyone spoke one after another, Wen Liang calmly concluded: "The core is inseparable from money. Fortunately, Bolang is not short of money at this stage."
After saying this, Wen Liang continued: "I think the two-group model mentioned by Mr. Yin is still a waste of time. I think it is more appropriate to extend it into a multi-project, multi-group, and multi-generation R&D model based on this."
.”
“The R&D department is divided into project groups, and each project is divided into different engineering teams. Taking into account the life cycle of some products, it is also necessary to develop the ability of development engineers to transfer between different projects at any time;
To put it simply, it is now necessary to ensure at least one online generation, one generation for internal testing, one generation for pre-research, and even one generation that can be planned.”
As soon as these simple words came out, the expressions of everyone present changed.
Wen Liang did not give everyone a chance to speak, and directly made the final decision: "This is not only a problem of the R&D department. The company's current scale is obviously unable to operate multiple projects at the same time. We will immediately expand the scale, start building a talent echelon, and give priority to expanding the scale of the R&D department.
If it’s not enough, just divide it into two or three times!”
"!"-
PS: I have finished making up for the updates I missed before being put on the shelves. There will be three more updates today. Please give me monthly votes and recommendation votes. I will not vote for recommendations if it is not on the shelf. This thing is always useful. I will provide you with the fastest update of my Bolang life.
Chapter 106: If you can’t walk, then run! (Updated) Free reading.:.