Following of Chapter 1318 Potato Clause

  Wang Wei left in despair, Xia Jingxing was more understanding and agreed to give him a week to think about it.

   After watching Wang Wei leave, Zhang Yong, who had been watching, was completely convinced.

   President Xia understands it with reason, moves it with emotion, and pays attention to convincing people with virtue in everything.

  To tell the truth, first lay out the cruel facts, break Wang Wei's psychological defense, and then reward him with a sweet jujube, draw a big cake, and add the halo bonus of Asia's richest man, how will Wang Wei choose? It's not hard to guess.

   "Mr. Xia, where is Yang Lei?"

   Zhang Yong looked at Xia Jingxing, and hinted that there was a backhand buried.

  Xia Jingxing waved his hand, "Yang Lei don't move, let's see how Wang Wei chooses."

  Xia Jingxing sighed and looked at the Oriental Pearl TV Tower opposite.

  Yang Lei is one of the top ten beauties of Dragon TV and the ex-wife of Wang Wei.

   At a party, a talented entrepreneur with a successful business meets a beautiful woman who combines talent and beauty. The two are passionate, passionate, and fall in love at first sight.

   On their way to travel in Tibet the year before last, Wang Wei proposed to Yang Lei with a one-yuan note folded into a ring, and Wenyi opened the door to Wenyi, and Wenyi came home.

  The wedding of the two was also held in 2007, and it was specially chosen for the Qixi Festival.

  Because the wedding venue was far away in Bali, Xia Jingxing did not go to congratulate in person, but gave each of them a Fuxing FX1 mobile phone and a Tesla Roadster as their wedding gifts.

But the good times didn't last long. After only ten months of marriage, Wang Wei, who had been married once before, showed his true character as a scumbag and moved away from "Chinese Ballet Light" Tan Yuanyuan, so he unilaterally proposed to Yang Lei divorced.

  The matter is here, and what’s more, Wang Wei is only willing to divide Yang Lei 100,000 yuan as the divorce property, and Tudou’s shares are not willing to divide at all.

   Yang Lei paid for the renovation of the house where the two lived for more than 100,000 yuan. Wang Wei's move was a bit ruthless.

   At present, the divorce lawsuit between the two has not officially ended, because the court has followed the customary decision that the divorce is not supported in the first lawsuit.

   Before the two were officially married, Vision Capital asked Wang Wei and Yang Lei to jointly sign the "Potato Clause".

  It is stipulated in the potato clause that the founder and his spouse divorce and need to notify the board of directors.

   Originally, this article required the approval of the board of directors, but the domestic "Civil Code" does not support it. The right to marriage is free, and outsiders cannot interfere, so it was slightly improved and became a notification to the board of directors.

   At the same time, Rao Lei, who served as the director of Tudou for Envision Capital, also acted as a marriage mediator, persuading the two not to divorce, especially Wang Wei, but it didn't work at all. Wang Wei insisted on divorce.

There are also several different solutions in the    potato clause for founders and spouses to choose from.

  The first plan is the "Spouse Statement". The founder's spouse signs an agreement to give up all claims to the company's shares. Once divorced, it will be judged as non-marital joint property.

   The second plan is to divide the voting rights, dividend rights, and appreciation rights of the shares held by the founders, and the spouses give up the voting rights of the shares, and only retain the dividend rights and appreciation rights.

   In other words, once divorced, the spouse can share the company's shares, but it will not have an impact on the company's control, and then affect the company's listing, financing, mergers and acquisitions and other capital operations.

   The specific approach is to create a limited partnership for the couple, just like building an employee stock ownership platform, with the spouse as the LP and the founder as the GP.

   The third plan is to require the couple to sign a prenuptial property agreement to solve all the hidden dangers that divorce may cause to the company.

   These three schemes take into account the founder’s unmarried and married status, and also give the founder a variety of choices.

   Hundreds of companies invested by Vision Capital, Mobile Phone Industry Fund, and Renaissance Industry Fund have all signed the potato terms.

   But among the three major solutions involving property, the choices of Chinese and American founders are very different.

  The unmarried founder of the United States basically chooses the third option and signs a prenuptial property agreement.

  The married founders in the United States have their own personal lawyers because many of them have signed prenuptial agreements.

   Most of the unmarried founders in China chose the second option.

  For example, Wang Wei chose to give half of his shares to Yang Lei, as long as he had all the voting rights.

   However, this does not mean that Yang Lei can get half of the 27% stake held by Wang Wei.

  Tudou, founded by Wang Wei in 2005, got married in 2007.

   Equity appreciation during the marriage, this part needs to be divided into half.

Xia Jingxing estimated that Wang Wei's equity assets of Tudou before marriage were about 90 million US dollars, and the equity assets of Tudou after marriage were about 135 million US dollars. More than this price.

   Even so, Yang Lei can share half of the husband and wife's joint property of 45 million US dollars.

  Wang Wei is definitely going to bleed a lot this time, 100,000 yuan can't get a divorce.

   The divorce of the two people in the previous life caused a storm in the capital circle, and then gave birth to the potato clause.

  Yang Lei launched a fatal blow on the second day after Tudou submitted its listing prospectus. She disobeyed the first-instance judgment on the division of divorced property and filed an appeal.

   This directly led to Tudou’s equity being frozen for more than half a year, lagging behind Youku’s listing. After listing, it caught up with the European debt crisis and the trust crisis in Chinese stocks. As soon as it went public, it broke and was eventually annexed by Youku, which was once far behind it.

   This case of losing his wife (divorce) and losing his army (giving Yang Lei $7 million to settle) made the capital circle realize the importance of the founder’s marriage and began to pay attention to the founder’s spouse.

  Another company invested by Vision Capital, Ganji.com, one of the founders, Yang Haoran (Yang Haoyong), the elder brother cheated on his marriage two years ago. Recently, he and his wife are fighting lawsuits in California, Beijing, and Yecheng’s hometown.

   But the problem is not troublesome and will not affect the listing of Ganji.com.

  Because the couple also signed the potato clause, Yang Haoran's wife gave up all claims to the equity of Ganji.

   This matter is somewhat unfair to the lady who has never met.

   But Vision Capital invited the couple to meet together, and under the witness of a lawyer, explained three different plans in detail.

   Yang Haoran's wife followed him to the United States, and has been at home with her husband and children, treating her husband as her own god.

   After listening to the interpretation of the agreement, without saying a word, I chose the first option, giving up the equity of a newly established company.

   If you are facing the equity of a quasi-listed company, you may have different choices.

   Because this has also been verified in the practical work of Vision Capital.

  It's fine in foreign countries. The prenuptial property agreement is signed clearly, but in China, it's not very important.

   When Vision Capital suddenly threw out such an agreement, I was still a little unhappy and uncomfortable.

   But there is nothing you can do if you are unhappy. If you do not sign an agreement, you will not invest.

   Most of the founders are also more conscientious, and they are the second option chosen, and the company equity is counted as the common property during the marriage.

   There are also a small number of people, because the company is relatively small, and because they want to prove that their love is stronger than Jin Jian, they choose the first plan.

  Xia Jingxing also didn't want to make these troublesome agreements, but the current society is too impetuous and needs to be prevented before it happens.

   There is no potato clause, but there will also be terms such as Youbao and Kunlun Wanwei.

  Investment is a rational job, and the emotional side can only be left to life.

   After coming to the Magic Capital two days ago, Xia Jingxing sent Liu Xiaoduo to contact Yang Lei.

   She is very willing to sell Tudou, but she has no voting rights.

  According to Xia Jingxing's arrangement, Yang Lei could temporarily not sue for the division of property, but first take Wang Wei's 100,000 yuan to numb the other party.

   However, if Wang Wei is unwilling to sell the company and insists on an independent listing, when the court allows the divorce in a few months, Yang Lei will launch a fatal blow on the eve of Tudou's listing as in her previous life and demand that the equity be split.

   Once the two filed a divorce property lawsuit, which in turn affected the company's listing, Xia Jingxing would contact other major shareholders to expel Wang Wei and complete the acquisition of Tudou.

   This is a second-hand preparation, and it is a bit dark, and it is also a way that Xia Jingxing is unwilling to use.

   But no matter which way it is, Wang Wei will definitely have a lawsuit, and he will lose 100% of the case.

The    potato clause helped Yang Lei, but hurt Yang Haoran's wife.

   From the perspective of the founder and his spouse, it is difficult to say whether it is good or bad, it depends on personal choice.

  Even with or without this clause, those who should get divorced still have to get divorced, and those who should have property disputes will still make troubles.

   However, with such a property-like agreement, there will be fewer disputes between founders and their spouses, and lawsuits will be quicker, which is the greatest effect for investors.

   Filled in the holes of more than 200 chapters, and the book friends with a strong sense of justice lightly sprayed it. The writing is a bit realistic and cruel. In fact, in reality, you need your spouse to sign every loan.

   In addition, there was one chapter missing before. Today is considered to be a supplement. I will try to start adding it tomorrow. Recently, the whole person is in a better state.

  

  

   (end of this chapter)