Age of Legends

Chapter 159 Coming of Age Ceremony

Pony Ma holds 43% of the shares, the second largest shareholder Zhang Zhidong holds 27%, and the other three hold 10% each, so the four founders hold 57% in total. Wang Bowen intervened, with Pony Ma taking 8%, Zhang Zhidong 6%, and the others each 2%, giving Wang Bowen 20% of the shares.

The newly adjusted equity is 35% for Xiao Ma Ge, 21% for Zhang Zhidong, 20% for Wang Bowen, and 8% each for Zeng Qing, Xu Hua and Chen Dan.

There was no clear division of equity between Zhang Chen and Wang Bowen before. If we calculate based on the initial situation that Zhang Chen was responsible for planning and Wang Bowen was responsible for production, and then they shared 30% of the profits, Zhang Chen would have 7% of the shares out of the 20%.

But Wang Bowen came straight to the point with Zhang Chen, "When you told me to invest in QQ, I actually didn't think it was a good idea. 400 million, what can't we do with this money? According to the previous budget estimate, it was a Bite of China, and the filming budget was about right. We could have produced a Bite of China, right? Why spend money on this, especially when I saw that they were still losing money and their belts were tightened... Don't give the money in."

"But I see that you are very motivated, and the prospect you provided is not bad, so what else can I say? Let's invest. You are the lead investor in this investment, so I will take 7% of the shares, and the other 13% will be yours."

"In theory, the cultural festival brought in more than 600 million this time. After deducting various operating expenses, you should get 200 million in dividends. You have 60 million, so it will be automatically deducted from this investment, and you will have to make up 60. I will pay for it for you this time, and when the next dividend is distributed, will be deducted from the dividend. Do you think there is any problem?"

"No problem." Zhang Chen thought it was feasible.

In fact, it is quite interesting to reconcile and review the accounts with Wang Bowen. Many things can be discussed together, and it is more like an adult game between the two of us.

There is a term called "white gloves" in the political circle, and "white knight" in the financial circle. When things that are inconvenient to do in their respective fields, or anti-takeover protection that requires cover, they are handed over to the "person" they trust the most.

The so-called utmost trust means that even if you don’t own any shares and you don’t have any legally recognized control over it, you can still fully control the white gloves and white knights as easily as using your own arms.

The law is the minimum requirement of morality.

Of course, when starting a company, it is best for the founders to be clear about their responsibilities and duties. This is an irrefutable truth, because even fathers and sons can become enemies for the sake of interests.

But there is another situation, that is, it is possible for you to find someone in this world whom you can truly trust, and then you can communicate and do things with this person without any defense. Such a person is a "white glove."

It is just like the brotherhood of Liu, Guan and Zhang in Peach Garden, where they can back each other up at any time, even if the other party holds military power in the future and has the power to retaliate at any time.

Another example is Liu Bei, who entrusted his son and all his property to Zhuge Liang in Baidi City. There is a conspiracy theory in later generations that when Liu Bei said "he can replace me", there were assassins lurking behind him, trying to spy on Zhuge Liang's true intentions. If Zhuge Liang stopped crying to show his loyalty, he would be killed immediately.

In Zhang Chen's opinion, this is purely self-righteousness. He has studied power struggles to the core, so he is always engaged in conspiracy theories, treating others as fools, and forgetting that sincerity is the ultimate skill.

If you say Liu Bei is the best at using sincerity, I don't deny it, but if you say he is the best at studying political schemes? His IQ is definitely not as good as Zhuge Liang's. Would someone who only relies on political schemes make Zhuge Liang work hard for him before and after his death?
Liu Bei was facing a disaster. His great cause was to support the Han Dynasty. He knew that he was going to die, and the Shu Kingdom was going to die. How stupid was it to be on guard against Zhuge Liang's usurpation of power? It's like you lost half of your family property in a single bet, and two families outside are preparing to take advantage of your illness to kill you and wipe out your entire family. He was the emperor of three families, and it was a fight to the death. At this time, you were on guard against the only family protector around you, ready to chop him off if he had the idea of usurping the family property? Do you think your family members are not dying fast enough?
In every era, there are "comrades" who are worthy of your back. But can you meet them? This is probably the existence that is harder to meet than a close friend.

Most people are not so lucky.

In fact, many people have ended up with their fortunes ruined because of the wrong people. For Zhang Chen, Wang Bowen was the "white glove".

Although the two of them seem to have a clear division of profits, Zhang Chen believes that if one day, even if he sees that Tencent's stock price has reached an astronomical figure and the shares he holds have also reached a sky-high price, Zhang Chen will not hesitate to transfer all of his shares if he needs to.

Not only did all this come from Zhang Chen, Wang Bowen also had such a clear understanding.

Because he only has one son, all his kingdom belongs to Wang Shuowei. And the person Wang Shuowei can trust most for his future is Zhang Chen.

So in the final analysis, they are the iron triangle.

This is the relationship between Liu Bei, Liu Chan and Zhuge Liang.

Zhang Chen thought so shamelessly.

"This investment is made in the name of my media company, which I personally own 100%. Since we have agreed on this ratio, although you are not yet years old, you are already considered a person with full civil capacity and are eligible to register a company. The two of us will register a company, with your % and my % shareholding. When the time comes, we will transfer Tencent's shares to this company."

Wang Bowen said, "We also need to register a company where I will earn 70% and you will earn 30%. This will make it easier for us to pay for our joint projects. Or if you don't think it's necessary, we can use my media company and pay you a fee."

Zhang Chen said, "There is no need to set up this kind of equity company for now. Otherwise, the legal procedures for each account transfer will be very troublesome, which will simply increase our burden. We will talk about it later. Just give me a share in the form of contract remuneration."

This method is very good now. Wang Bowen holds 100% of the shares. The two agree on the project share. They sign a temporary contract and the money is transferred. Since the business is not big enough and it is not going to be listed, Zhang Chen thinks it is not necessary to go through so much trouble.

However, it is different if another company is established to take over Tencent’s equity. Every equity involving Tencent must be given the highest legal priority and must be perfect without any mistakes or omissions.

"I'll contact Shenzhen first. We can actually postpone the opening of our company. July 7th is your birthday. You just turned 19, so you're an adult. After that day, get your adult ID card and register your company. Think of a name. Otherwise, you won't have to make up for the 18 yuan with your future share. Just think of it as your godfather's adult gift to you!"

"Open-minded!" Zhang Chen gave Wang Bowen a thumbs up. Who in the family would understand that he had such a godfather?

Zhang Chen thought vaguely again. He didn't expect that in the future he basically didn't celebrate his birthday and he almost forgot even his birthday.

July 7. I turned 19 again. It was just right, I could treat you to a meal. I was busy with the QQ investment recently and didn’t see Shen Nuoyi. I missed him a lot.

(End of this chapter)