Chapter 373: Poaching from one's own company
Chapter 373: Poaching from one's own company
It is very convenient to register a new company overseas.
Fan Wumian named this company "Myth".
The registered Chinese name is "Myth Game Studio", with its headquarters in Hong Kong. It is currently arranging to bring all gaming businesses under the umbrella of this studio, with its logo designed as a fat rabbit.
Don't ask why I chose rabbit.
The answer is that Fan Wumian thinks it is cute, and when he was thinking about it, he first thought of the big rabbit in the animated movie "The Secret Life of Pets".
According to the mainland's tax policy, it does not mean that if a company is registered overseas, it does not have to pay taxes in the mainland.
As long as you set up a company and do business legally in the mainland, you will have to pay taxes. Many companies are registered overseas mainly for the convenience of listing overseas.
Countless Internet companies and real estate companies are blocked by the strict review system of A-shares. If they want to raise funds publicly and go public, they can only choose to flee overseas and become what others call "red chips."
Otherwise, when it comes to the difficulty of cutting leeks, those bosses obviously prefer to list in the mainland. The advantage of listing on the A-share market is that short selling is not allowed, the listing fees are relatively low, it is convenient to push up stock prices, and they can enjoy official tax incentives, financial subsidies and other policies for listed companies.
Internet companies like Penguin Group, although registered in a tax haven, still have to pay a large amount of taxes to the mainland every year.
The reason why Fan Wumian chose to register the Myth Game Studio in the Cayman Islands was mainly to avoid taxes generated by overseas income and to make long-term plans for possible listing or acquisition in the future.
Games like "Dungeon & Fighter", "League of Legends", "Desolate Emperor", and "Cross Fire" have the opportunity to bring in huge revenues in other Asian countries and regions, as well as Europe and the United States. Placing the company in a tax haven can facilitate the free flow of funds and use the profits to invest in overseas projects.
I still remember when I first registered the company and started business, Fan Wumian had no one available under his command, so he had to communicate with the agent in person.
Now, as soon as he gave the call, the employees took action immediately. While registering the company, they also cooperated with a consulting company, paid people to sort out the management structure of the Myth Game Studio, and hired headhunters to poach people from outside.
It would be a bad thing to poach people.
After Yang Mi and Xiao Yang came to the crew, some scenes that had been temporarily shelved could finally start filming.
what is interesting is.
Sing Zai actually particularly admired Xiao Yang and was full of praise for the police captain he played. When he acted out the lines "Who in Chinatown doesn't know that Tang Ren is my henchman", "I have an incompatible relationship with the evils of gambling and drugs", and "You never mention the word dirty", Sing Zai even laughed out loud.
Even Fan Wumian was surprised. After all, when Xingzai was giving him acting lessons, he kept muttering like Tang Seng. At most, he was relatively polite, and there were very few smiles from the heart.
I originally thought that this was just his personality and Fan Wumian had already adapted to it.
But after seeing his different treatment of Xiao Yang, Fan Wumian couldn't help feeling a little uncomfortable and began to reflect on his own acting skills in private.
Fortunately, Xiao Yang didn’t know, otherwise he would be more or less worried about his future.
The crew is busy all day long and spends money like water.
In order not to lose large orders, several restaurant owners often give away fruits such as mangoes, papayas, and coconuts for free.
Fan Wumian knew all the loopholes that could be exploited in the crew. In order to avoid being shortchanged on food, he made a rule that he had to find three restaurants to cooperate with each time. The quantity of orders for the next week would be determined based on the quality and taste of the lunch boxes. If the quality of the food was too poor, the order would be cancelled.
This trick alone prevents lunch box suppliers from going too far, and the meals are quite rich every day.
At this moment.
Fan Wumian had just finished the scene of blackmailing Xiao Yang and was drinking mineral water while preparing to return to the RV to enjoy the air conditioning.
The other actors enjoyed the RV alone, like they were being VIPs.
As the boss of the crew, he doesn't need to care too much about these things. Everyone depends on him for a living. If Fan Wumian is too down-to-earth, it will be difficult for him to manage the crew.
As soon as I got back to the car, I saw Pu Jiajing eating durian, and the whole car was stinking.
Fan Wumian's eyes twitched, and he said jokingly, "Sister Jing, you are very cool."
Pu Jiajing was caught slacking off, and immediately forced a smile and said, "Come on, come on! Boss, I bought you a durian, and I'm helping you taste it. It smells delicious!"
".I can understand if you say it's sweet, but to say it's fragrant is a bit too much."
He just sat down.
I also heard Pu Jiajing say:
"The day before yesterday you said you were in need of a general manager who could coordinate the overall situation and wanted to help Myth Game Studio recruit people. I really don't know what the headhunting company was thinking. They actually recruited people from Penguin Group."
"???"
"Well, just now when you were filming, Xiao Ma called you and told you that the business that the president of that department is in charge of is too important and he really can't give it to you."
Listen to what Pu Jiajing said.
Fan Wumian was speechless. He silently picked up his phone and called Penguin Xiao Ma Ge back to clarify that it was just a misunderstanding.
The current situation is that Xiao Ma Ge’s net worth is not as high as his.
Xiao Ma Ge manages a large company with a market value of more than 20 billion Hong Kong dollars, and Fan Wumian also has a good status in the global entertainment industry. The two are basically at the same level, so communication between them is of course easy and casual.
After clearing up the misunderstanding.
Brother Ma told me on the phone:
"Penguin's gaming business is also developing rapidly. Otherwise, I would have let you take over. If you are short of management-type gaming business talent, I can recommend a few to you. Just consider it as giving trouble to our competitors."
After hearing this, Fan Wumian laughed and said:
"That's right. To poach their talents and leave them with no one to use is a top-notch business strategy. In Silicon Valley, it's popular to sign non-compete agreements, which prohibit people from switching to other companies within a certain number of years after leaving their jobs. It seems that not many companies in the mainland adopt this management strategy."
Ma explained:
"I've known about the non-compete agreement for a long time, but he wants to leave, and even if I force him to stay, it's still a long way to go. And I need to pay a large bonus for signing the non-compete agreement. To be honest, the option incentive plan is more effective. The company is studying a new round of option incentive executives. When the time comes, I may need to trouble your non-executive director to approve it at the meeting."
"Okay, if you want the horse to run, you have to feed it first. Of course I will support it."
Penguin Group is listed on the Hong Kong Stock Exchange, which only allows "one share, one vote" and the voting rights of all stocks are the same. Fan Wumian's 10% stake gives him a lot of say, and can even play a key role in making the final decision at a critical moment.
The founding team headed by Pony Ma needs to overpower the foreign company representatives on the board of directors, so they have been trying to win over Fan Wumian. For example, they promised to develop the Penguin Weibo business, cooperate in the agency of "Dungeon & Fighter", etc. From some perspectives, these are all olive branches thrown by Pony Ma.
Fan Wumian, who is well-versed in "The Ways of the World", never makes things difficult for Xiao Ma Ge and others. He will only make suggestions to the Penguin board of directors when there is an opportunity that is beneficial to everyone.
During daily voting, the agents arranged by Fan Wumian on the board of directors all raised their hands following Xiao Ma Ge, indicating that they were in the same boat.
Xiao Ma Ge was very concerned about the newly established Myth Game Studio, and took the opportunity to ask:
"Will Mr. Fan's studio be an independent channel in the future, or will it continue to cooperate with Penguin? We are all family. I won't hide anything from you or bargain with you. If you give the developed games to Penguin for agency, I can give you a profit-sharing agreement that is far higher than the industry average. Previously, I only gave 20% to the developer of World of Warcraft. We can double it on this basis."
Previously, the agency rights of "Dungeon & Fighter" were handed over to Penguin Group, and Fan Wumian could take 35% of the total revenue instead of the net profit.
Now, Xiao Ma Ge’s intention is to further increase Fan Wumian’s share to 40%.
Since operating and managing the game also requires expenses, this 40% revenue share is roughly equivalent to a - gross profit share, with everyone taking half of the profit.
Compared with other agents, it can be said to be full of sincerity.
Fan Wumian could probably guess that this was another case of Xiao Ma Ge giving him concessions in exchange for some support in other areas.
Today's gaming business is only one of the core businesses of the Penguin Group. Compared with the profit sharing ratio of game agents, firmly grasping the right to speak in the company is what Pony Ma cares most about.
Because there was news recently that Citigroup of the United States was very interested in the shares held by the largest shareholder of Penguin, and sent a letter to ask whether the South African company was willing to sell, and sent a delegation to negotiate.
(End of this chapter)