一個股東對公司出資成為股東，公司按照出資額的多少劃分股權比例，并按照這個比例享有股東權利，按照這個比例享有管理權，按照這個比例分紅。通常情況下，也就是出錢多的大股東說了算。

When a shareholder contributes to the company to become a shareholder, the company divides the equity proportion according to the amount of capital contribution, enjoys the rights of shareholders according to this proportion, enjoys the management right according to this proportion, and pays dividends according to this proportion. Usually, the big shareholders who pay more money has the final say.

這種企業，也就是資金多少決定話語權和分紅權的股權的運行方式，對應的是在互聯網大規模應用之前的生態。

This kind of enterprise, that is, the operation mode of equity in which the amount of capital determines the right to speak and dividend, corresponds to the ecology before the large-scale application of the Internet.

那個時候，連接的能力不足，每個大大小小地方的企業，都還可以憑借地緣優勢、信息不通暢、物流不發達，或者社會關系等優勢，獲得不錯的業績和盈利。

At that time, the ability to connect was insufficient. Enterprises in large and small places could also obtain good performance and profits by virtue of geographical advantages, poor information, underdeveloped logistics, or social relations.

那個時候的公司的組織模式，大多是老板+雇員構成。

At that time, the organizational model of the company was mostly composed of boss + employee.

后來，互聯網的出現和應用，逐漸改變了公司的組織模式。決定公司發展和話語權的，不再僅僅是出資的多少。那些具有各種資源和能力的人才，有了更多的話語權，決定了企業的發展。資本反過來競相追捧這些人才和資源。

Later, the emergence and application of the Internet gradually changed the organizational model of the company. It is no longer just the amount of capital contribution that determines the development and voice of the company. Those talents with various resources and abilities have more voice, which determines the development of the enterprise. In turn, capital competes to pursue these talents and resources.

一個企業，如果股權設計做得好做得科學，能夠吸引資本的投資。那么，這個企業的「股權」本身，就是一種產品，公司能夠從股權的升 值中獲利。因此，從以上幾點來看，股權設計，對于一個公司的發展有著重要的作用和意義。企業要良性發展并壯大，一定做好股權設計。

If the equity design of an enterprise is done well and scientifically, it can attract capital investment. Then, the "equity" of the enterprise itself is a product, and the company can profit from the appreciation of equity. Therefore, from the above points of view, equity design plays an important role and significance for the development of a company. If an enterprise wants to develop and grow healthily, it must do a good job in equity design.