發布時間：2021-07-01 發布人：山東股章瀏覽次數：676次 來源：www.newadnetwork.com
In the process of investment, investors will pay attention to the rationality of equity structure. In the process of listing companies in the future, the capital market also requires the equity design structure to be clear and reasonable, because in each round of investors' entry, the entrepreneurial team needs to think ahead, make overall planning, and constantly adjust to make time and space for the future.
At the same time, the equity dilution brought by the entry of multiple rounds of investors will lead to the risk of the company's control right dropping, especially when there are different voices within the entrepreneurial team, the investors will often become "a straw to kill the camel".
The real problem is that investors may not want to do so. Although the founding team, as a parent, must love their own "children", there are also some confused parents. Once the founder is in charge, making a big mistake may cost the investors nothing. Therefore, in practice, whether the issue of control can be realized or not depends on which founder or investor has a higher bargaining potential. More often, both sides will reach a delicate "balance".
Start up enterprises should always set aside part of the equity pool to attract regional talents and industry talents. This kind of long-term incentive mechanism can also ensure that the running in of new and old teams does not have problems.
If not, a group of people who have entered the company early regard themselves as Yuanlao and worry that new people will take their place; The newcomers think that they are more capable. Seeing that yuanlaoli should enjoy the shares, both sides have strong feelings of rejection. Then the sprint marathon of start-up enterprises will never reach the end.