Clarify the rights, responsibilities, and benefits of partners

親兄弟都要明算賬,，所以合伙人之間的分工與回報(bào),，在早期是一定要明確分配好的。合伙創(chuàng)業(yè)講究情懷沒錯(cuò),，但終也是要實(shí)現(xiàn)實(shí)際利益,，怎么能夠體現(xiàn)你的利益和價(jià)值，很重要一點(diǎn)就是股權(quán)股比,。后者是你在這個(gè)項(xiàng)目中的作用,，以及利益的重要體現(xiàn)。

Both brothers and sisters need to have clear accounts, so the division of labor and rewards between partners must be clearly allocated in the early stages. It is true that partnership entrepreneurship emphasizes emotions, but ultimately it also aims to achieve practical benefits. How to reflect your interests and value is very important, which is the equity to equity ratio. The latter is an important manifestation of your role and interests in this project.

有助于創(chuàng)業(yè)公司的穩(wěn)定

Helps stabilize startup companies

的公司因?yàn)楣蓹?quán)分配而出問題,，終因?yàn)楣蓹?quán)問題導(dǎo)致創(chuàng)始人間的矛盾不斷,，從而影響企業(yè)的發(fā)展,。

Our company encountered problems due to equity distribution, ultimately leading to ongoing conflicts among the founders and affecting the development of the enterprise.

影響公司的控制權(quán)

Affects the control of the company

一個(gè)穩(wěn)定發(fā)展的公司不可能有很多控制權(quán)，只能有一個(gè)老大,。比如真功夫,，一會(huì)兒是蔡達(dá)標(biāo)，一會(huì)兒又是潘宇海獨(dú)攬大權(quán),，方針策略不同,，對(duì)企業(yè)的發(fā)展勢(shì)必會(huì)有很大影響。如果他們的股比能形成一個(gè)核心的控制權(quán),，爭議完全可以避免,。

A stable and developing company cannot have much control, it can only have one boss. For example, true kung fu, sometimes it's Cai Guanda, and sometimes it's Pan Yuhai who monopolizes power. Different policies and strategies will inevitably have a significant impact on the development of the enterprise. If their stock ratio can form a core control, disputes can be completely avoided.

進(jìn)入資本市場的必要條件

Necessary conditions for entering the capital market

理想狀態(tài)下，創(chuàng)業(yè)公司會(huì)經(jīng)歷五個(gè)階段：起始——天使投資——風(fēng)險(xiǎn)投資（通常不止一輪）——Pre-IPO融資——IPO,。每一個(gè)階段都需要尋找新的投資人融資,，也必然會(huì)被問到股權(quán)架構(gòu)分配問題。如果你的股權(quán)架構(gòu)是五五分,，不會(huì)有資本方愿意進(jìn)來的,。相信每個(gè)創(chuàng)業(yè)者的創(chuàng)業(yè)項(xiàng)目都有IPO這個(gè)目標(biāo)，只要IPO,，資本市場就一定要求你的股權(quán)結(jié)構(gòu)要明晰,，合理。

In an ideal state, a startup company will go through five stages: initiation - angel investment - venture capital (usually more than one round) - Pre IPO financing - IPO. At each stage, it is necessary to seek new investors for financing, and it is inevitable to be asked about the allocation of equity structure. If your equity structure is fifty-five percent, there will be no capital willing to come in. I believe that every entrepreneur's entrepreneurial project has the goal of IPO. As long as an IPO occurs, the capital market must require a clear and reasonable equity structure.