創(chuàng)業(yè)公司合理的股權(quán)結(jié)構(gòu),是每一名創(chuàng)始人可以提前安排到位的。在這期間,如果遇到這4種情況,要怎么解決呢?下面
山東股權(quán)合伙設(shè)計(jì)公司為您出謀劃策。
A reasonable equity structure of a startup company is one that every founder can arrange in advance. During this period, how to solve these four situations? Next, Shandong Equity Partnership Design Co., Ltd. will give you suggestions.
1、融資主體股東人數(shù)過多,存在短期價(jià)值股東
1. There are too many shareholders of financing subject, and there are short-term value shareholders
盡量不要讓不適合或者沒有長(zhǎng)期價(jià)值的人成為股東。如果他們已經(jīng)是你的合伙人股東了,那么需要重視工具。針對(duì)長(zhǎng)期資源型股東,需要使其與公司層面進(jìn)行隔離,要么找其他股東代持,要么進(jìn)入持股平臺(tái);盡量將資源進(jìn)行量化,設(shè)定股權(quán)確認(rèn)機(jī)制,如果未到達(dá)預(yù)期目標(biāo)可以要求其進(jìn)行回購(gòu)或者補(bǔ)充投資。針對(duì)短期資源型股東,如果已經(jīng)進(jìn)行到股東層面,那么可以與合伙人商議補(bǔ)充約定回購(gòu)方式的協(xié)議。
Try not to let people who are not suitable or have no long-term value become shareholders. If they are already your partner shareholders, you need to attach importance to tools. For long-term resource-based shareholders, it is necessary to isolate them from the company level, either find other shareholders to hold shares on their behalf, or enter the shareholding platform; Try to quantify the resources and set the equity recognition mechanism. If the expected goal is not reached, it can be required to repurchase or supplement the investment. For short-term resource-based shareholders, if they have reached the shareholder level, they can negotiate with partners to supplement the agreement on the repurchase method.
2、股權(quán)比例存在僵局法律風(fēng)險(xiǎn)
2. Legal risk of deadlock in equity ratio
按照4C股權(quán)分配方法對(duì)股權(quán)比例重新分配;利用工具進(jìn)行二元股權(quán)架構(gòu)設(shè)立,如一致行動(dòng)人、投票權(quán)委托、合伙制度等;如果股權(quán)實(shí)在比較分散,則可以將預(yù)留出的期權(quán)池集中創(chuàng)始人一人代持,讓創(chuàng)始人掌握更多主動(dòng)權(quán)。
Reassign the equity proportion according to the 4C equity distribution method; Use tools to set up the dual equity structure, such as the person acting in concert, voting power entrustment, partnership system, etc; If the equity is really scattered, the reserved option pool can be centralized and held by the founder on his behalf, so that the founder can take more initiative.

3、股權(quán)分配依據(jù)不科學(xué),欠缺公平與長(zhǎng)遠(yuǎn)考慮
3. The basis for equity distribution is not scientific and lacks fairness and long-term consideration
憑借經(jīng)驗(yàn)的股權(quán)分配,可能它緩解了眼前的獲取稀缺資源的壓力,但是股權(quán)結(jié)構(gòu)不是面向未來的結(jié)構(gòu),越往后會(huì)支付很高的股權(quán)成本,后面后患無窮,因?yàn)楹竺娴娜司秃茈y再進(jìn)來了,所有人都會(huì)和這個(gè)人比,憑什么他有30%,越到后來,這是一個(gè)沒有辦法解的結(jié)。運(yùn)用4C股權(quán)分配理論重新考量。
Depending on the experience of equity distribution, it may alleviate the immediate pressure to obtain scarce resources, but the equity structure is not a future-oriented structure. The higher the future, the higher the cost of equity will be paid, and the future will be endless. Because it is difficult for the people behind to come in again, everyone will compare with this person. Why he has 30%, and the later, this is an unsolvable problem. Use 4C equity distribution theory to reconsider.
4、沒有做好控制權(quán)設(shè)計(jì)與具體約定決策機(jī)制
4. The control right design and specific agreed decision-making mechanism are not well done
要將權(quán)力分層,分為股東決策和運(yùn)營(yíng)決策。股東決策層面要有一個(gè)“拍板人”,即實(shí)際控制人。而運(yùn)營(yíng)決策更多的是需要化的分析作出決定。因此,將合伙人進(jìn)行化分工,各個(gè)合伙人擁有自己領(lǐng)域的決策權(quán),可以給CEO一票否決權(quán)。
The power should be divided into shareholder decision-making and operation decision-making. At the decision-making level of shareholders, there should be a "clapper", that is, the actual controller. However, the operation decision needs more professional analysis. Therefore, the partners are divided into professional divisions. Each partner has the right to make decisions in his own field and can give the CEO a veto.
以上是股權(quán)合伙設(shè)計(jì)的4大疑難點(diǎn),更多相關(guān)內(nèi)容,請(qǐng)?jiān)L問
http://zhenzhush.com。我們將為您提供更多關(guān)于股權(quán)設(shè)計(jì)的事項(xiàng)!
These are the four major questions and difficulties of equity partnership design. For more information, please visit http://zhenzhush.com 。 We will provide you with more information about equity design!