Chapter 401： Equity incentive

When the "Future" entered the Indian Ocean, Chen William's representative had already arrived in South Korea and made their first offer to Hynix, which would be an overall acquisition of Hynix at a price of 10 billion US dollars. But the debt of nearly $2.5 billion currently borne by the other party needs to be divested.

In other words, if the entire Hynix company is brought under his banner, William Chen will only pay the other party a total of 10 billion US dollars. As for how their shareholders and creditors negotiate and distribute the money, he does not care.

It is better to be able to acquire Hynix by foreign capital at this time than to let them go bankrupt on their own. For all Hynix employees, they can also avoid unemployment, which is also what South Korea values. The other party is the well-known super-rich William Chen, which also made them have a lot more expectations for Hynix to turn the corner. Therefore, the two sides began to conduct substantive negotiations.

The "Future" sailed out of the Gulf of Aden and entered the Indian Ocean. Unlike last time, the journey went smoothly and did not encounter the black uncle pirates of Somalia again. It seems that the escorts of various countries during this period of time, and Continued fight against pirates, or have some effect.

Since they have been together for a longer time this time, William Chen can have a better understanding of these ten girls.

Among them, there are still many occupations they are engaged in. There are common ones such as models, students, and waiters, and there are also rare ones such as policewomen and doctors. Among them, a girl named Melanie is quite interesting. According to She said that she is an Internet anchor, not an amateur, but makes a living from it, relying on online rewards for income, she sometimes becomes a game anchor, and sometimes sings and dances, etc. The income seems to be good.

To be honest, Chen William has now, women can only be adjusted for him. It is no longer when everything is fresh at the beginning, and after he has a huge wealth, he can still be addicted to women. Go in, but the stimulation of the senses, whether it is a woman, food or other luxury enjoyment, is almost the same after a period of time. If you continue, it is nothing more than increasing its threshold and making the conditions required for dopamine secretion higher and higher. .

Now William Chen, in addition to these enjoyments, what makes him more fulfilled is the sense of accomplishment that comes from his career and the realization of his ideals, just like when his business in the United States continued to develop at first, and then expanded to the world, Then after buying Palu Island and turning it into Atlan Island, he built it from scratch to his own satisfaction.

However, at the current stage, William Chen's career in the United States, whether it is Meta Technology Company in the Internet direction or Meta Entertainment Media Company in the entertainment industry, has reached a certain bottleneck, and can only wait for its own development. Scale it up, and it's easy to reach antitrust investigations.

Just like Meta technology company, now there is Twitter, there is, there is Siri, PayPal and Reddit, although each subsidiary is in continuous development, but mainly because of the increasing number of smartphone users, it has not reached the complete The degree of popularization of smart phones, there are still a very large number of users, and they are still in the process of transforming from the previous functional phones to smart phones. This is not something that his companies can decide. They can only wait for the continuation of the entire mobile Internet industry. Popularization and development, in order to allow their user scale to reach a certain level.

So at present, it seems that these companies can't have the same scale and market value as Google and Facebook, the giants that have been developing since the PC-side Internet era, but in the future, they will definitely be on the side of Meta Technology.

In addition, Meta Entertainment and Media Company is also in the same situation. For example, Netflix, for example, has acquired 20th Century MGM Pictures, which is owned by 20th Century Fox, MGM Pictures and other small film and television companies. After the company merged into the film group, it has made up for the shortcomings of its content production and obtained the content rights of more than 30% of the entire Hollywood film library.

Then, can you continue to acquire content production work? Like other shadow companies. Of course, it is possible, but there is not much room left. Even if it wants to acquire any of the other four of the current five, it will involve anti-monopoly review, and it will not be so easy to pass. , which is originally determined by American business rules.

Not only in film and television, but also in other music fields. Originally, EMI Music was the result of the merger of Warner Records and EMI Records. The remaining Universal Music and Sony Records are destined to be difficult to continue to be acquired by them. Yes, it's nothing more than that kind of small labels and record companies, and there's not much room left.

Therefore, whether it is Meta Technology or Meta Entertainment Media, their foundations have been built, and the rest is to develop step by step.

This is also the reason why William Chen is going to modify the incentive plan for the executives of Meta Group and turn it into an equity incentive.

At any time, in any industry, there will be no shortage of smart people, such as the original Marvel company. Although most people are not optimistic about this company, the entire Hollywood, and even the entire investment industry in the United States, have not been able to see it. Is the huge superhero copyright owned by someone that Marvel will immediately be worth exponentially once it succeeds in the movie?

Of course, it's not just Disney that sees Marvel's potential, but why hasn't anyone bought Marvel to save it?

Because even if you can see this possibility, the **** decides the head, everyone is an operator, and they will definitely only put their own interests first. Assuming you're the CEO of Universal, and you know that Marvel has the potential to succeed, that's going to be hugely profitable for Universal...

So here comes the problem. Even if the acquisition of Marvel is very likely to succeed, before that, not only did Universal need to spend a large amount of money for the acquisition, but it also needed to take on the high debt of Marvel, which would inevitably affect the Universal's recent performance, then your annual income is linked to the company's performance and gets a share. Therefore, the acquisition of Marvel is a gamble, even if Marvel can succeed, it will inevitably affect your income in the short term for a few years. .

And who knows how long it will take for Marvel's superheroes to be accepted and successful? Maybe by then you will all be fired because of persistently poor short-term performance...

So, in this case, how can you expect those executives to give up short-term interests for the company's great future? Especially when their income is tied to the company's short-term income.

When this method of linking executive income to company performance is changed to equity incentives, they will hold the entire Meta Group stock, so it is natural to hope that these stocks will continue to increase in value, so even if short-term interests are sacrificed, it can be beneficial to the company. If it is beneficial in the long run, the executives will have the motivation to do it.