在業(yè)內(nèi)有一種這樣的說法，投資=投人=投股權(quán)架構(gòu)。由此可見股權(quán)結(jié)構(gòu)對(duì)一家公司發(fā)展的重要性。作為公司的創(chuàng)始人 ，首先應(yīng)該考慮公司未來的經(jīng)營(yíng)，模式與核心業(yè)務(wù)的節(jié)點(diǎn)，其次就是要考慮支撐商業(yè)模式的合伙人團(tuán)隊(duì)組成，在這兩方面想明白了，那么股權(quán)架構(gòu)也相對(duì)的出來了。今小編就為大家詳細(xì)介紹一下以下內(nèi)容。

 

There is a saying in the industry that investment = investor = equity structure. This shows the importance of ownership structure to the development of a company. As the founder of the company, we should first consider the future operation of the company, the node of the model and core business, and then consider the composition of the partner team supporting the business model. If we understand these two aspects, then the equity structure is relatively out. Now I will introduce the following in detail.

 

一、股權(quán)比例與公司管理公司決策

 

1、 Equity ratio and corporate management decision making

 

股權(quán)是一種基于投資而產(chǎn)生的一種權(quán)利，公司的管理權(quán)來源于股權(quán)或基于股權(quán)的授權(quán)，公司決策來源于股權(quán)，同時(shí)又影響公司管理的方向與規(guī)模。

 

Equity is a kind of right based on investment. The management right of a company comes from equity or equity based authorization. The decision-making of a company comes from equity, and it also affects the direction and scale of company management.

 

有些投資者僅僅是投資而不參與公司管理，有些投資者同時(shí)參與公司管理，而股東只要投資,那么就會(huì)產(chǎn)生一定的決策權(quán)利，差別在于決策參與程度和影響力。所以，股東的意見能否形成影響公司管理運(yùn)作的決策意見是非常重要的，而取得決策權(quán)的首要基礎(chǔ)是股權(quán)比例，取得決策權(quán)的股東就是法律上的控股股東。

 

Some investors only invest but do not participate in the company management. Some investors participate in the company management at the same time. As long as shareholders invest, they will have certain decision-making rights. The difference lies in the degree of decision-making participation and influence. Therefore, it is very important for the opinions of shareholders to form the decision-making opinions that affect the management and operation of the company. The first basis for obtaining the decision-making power is the proportion of equity, and the shareholders who obtain the decision-making power are the controlling shareholders in law.

 

二、合理設(shè)計(jì)股權(quán)架構(gòu)的意義

 

2、 The significance of reasonable design of equity structure

 

1、合理的股權(quán)結(jié)構(gòu)可以明晰股東之間的權(quán)責(zé)利，科學(xué)體現(xiàn)各股東之間對(duì)企業(yè)的貢獻(xiàn)、利益和權(quán)利；

 

1. Reasonable ownership structure can clarify the rights, responsibilities and interests of shareholders, and scientifically reflect the contribution, interests and rights of shareholders to the enterprise;

 

2、有助于維護(hù)公司和創(chuàng)業(yè)項(xiàng)目穩(wěn)定；

 

2. Help to maintain the stability of the company and start-up projects;

 

3、在未來融資時(shí)，股權(quán)要稀釋，合理的股權(quán)結(jié)構(gòu)，有助于確保創(chuàng)業(yè)團(tuán)隊(duì)對(duì)公司的控制權(quán)；

 

3. In the future financing, the equity should be diluted. A reasonable equity structure helps to ensure the entrepreneurial team's control of the company;

 

4、融資時(shí)，投資人會(huì)考察創(chuàng)業(yè)團(tuán)隊(duì)的股權(quán)結(jié)構(gòu)是否合理，以避免重蹈“真功夫”投資人的覆轍；

 

4. When financing, investors will examine whether the equity structure of the entrepreneurial team is reasonable, so as to avoid repeating the mistakes of "real kung fu" investors;

 

5、進(jìn)入任何資本市場(chǎng)，無論是新三板、IPO，也會(huì)考察股權(quán)結(jié)構(gòu)是否明晰、清楚、穩(wěn)定。

 

5. Entering any capital market, whether it is the new third board or IPO, will also examine whether the ownership structure is clear, clear and stable.