The person that publish: Translate from Google (Gu Ge) global website
The high level administers the part of personnel
Gu Ge embraces core of a 3 people to administer a group. In the past 8 years, cloth forest and I am cooperating closely. Our CEO Schmidt joined Gu Ge 3 years ago, cloth forest and I hold the position of a president. We 3 people govern a company together. This kind of structure is not a tradition, but came true to cooperate successfully through such means namely.
To be made in time decision-making, schmidt, cloth forest and I am met every day face, communicate the newest case that business develops each other, and concentrate energy at the most important go up with pressing topic for discussion. Decision-making often be make by one of 3 people, other two people receive brief report in after the event. This kind of means effective, because,be mutual between adequately accredit and esteem, and train of thought agrees basically. As a result of the relation of long-term and close cooperation, 3 people often can foretell the opinion difference between each other. We know, once our hold is different opinion, so correct decision-making impossible so make easily. To great and decision-making, we are met and a bigger group that suits to execute specific mission spreads out discuss. Through discuss and be being analysed, final close difference, reach consistent. Schmidt, cloth forest and I am nonexistent in company operation any remarkable internal conflict, have healthy controversy only. Emerge in endlessly in view of the problem of different respect, we realized decision-making division of labor between 3 people.
The affiliation of Schmidt is the strong complement that pair of cloth forest and I administer field experience in business. Schmidt once held the position of the chief technology officer of company of sun small system. He ever still held the position of presiding apparitor in Novell company, have computer science doctor’s degree, considering Gu Ge’s science and technical culture, we think he is the company is different from common main component. We the concern of this kind of partner between 3 people is very significant, we expect it can hold together goes down. The collective make a decision of 3 people and abundant energy had brought remarkable profit to the company.
The legal duty of Schmidt is to hold the position of CEO, administer the vice-president of the company and sale organization technically. Cloth forest is dedicated at the project development and business are managed, and my criterion is dedicated at the project development and product are administered. We the integral processing that 3 people spent a large number of time to reply a company and a few otherer the need of as one falls. The company has an outstanding board of directors, undertake supervisory to Gu Ge’s processing. The company still has a brilliant administrator group, be in charge of governing the day-to-day operation of each domains, for example general affairs of resource of development of financial, sale, project, manpower, public concern, law and product processing. Gu Ge is very lucky, can have a such predominant processing groups, they and company grow together, till now, it is they are running a company, everything should be attributed to them.
Company structure
Company structure of Gu Ge aims to realize long-term stability. You are a long-term development to Gu Ge’s investment ” treasure ” detain was in on whole group, it is cloth forest and I and innovation means extremely go up.
It is important that we hope Gu Ge can become influential orgnaization. Achieve this target to need time, stability and independence. Gu Ge wants a bridge since the form of a Chinese character in media industry and technology, these two industries are full of an orgnaization to incorporate buy an activity with ill will.
Be in up in the process that city firm transfers, gu Ge adopted structures of such a kind of company, make the outside is bought hard perhaps affect Gu Ge, we say for ” two class vote ” . It makes processing group of Gu Ge more delay what with us hereinbefore emphasizes easily ” attention is long-term ” and abound the means of innovation. About the specific description that two class vote, what refer to manual of this raise capital by floating shares please is other and paragraphic. Among them be about to the A of put on sale kind common stock has a piece every to vote ticket; The B of hold of company existing shareholder kind common stock has 10 pieces every to vote ticket.
The main effect of this kind of structure is, in cereal song share in the process of a large number of easy hands, make our group, it is cloth forest and me extremely, what can hold a firm firmlier is decision-making with the destiny. After IPO, cloth forest, Schmidt and my general controls Gu Ge the right to vote of 37.6% , and the right to vote that high-level processing group and other director regard a whole as to will control 61.4% . New investor will be OK the long-term economy foreground that shares Gu Ge adequately, but what the right to vote that carries them without ability almost will affect a company is strategical decision-making.
Although this is planted company structure is not common in technical company, but similar structure often applies at media business however, and have far-reaching sense. ” new York Times ” company, ” Washington Post ” company of company and Dow Jones (namely ” wall street daily ” publish square) waited to be adopted similar ” two class system of ownership ” structure. Media observes the home points out, although the outstanding achievement of company each quarter is put in wave motion, but ” two class system of ownership ” the structure can let these enterprise with a view to their long-term in the core in severe press interest. Stem from similar reason, berkshire Hathaway also was used ” two class are made ” structure. Look from the value of further business core, angle that achieves long-term success, we believe this kind of structure has shown its advantage to be in clearly.
A few learning consider to also make clear, look from the angle of pure economics, “Two class are made ” the structure does not have negative effect to the price of company stock. Of course, a few otherer research thinks ” two class are made ” the structure will be right stock price brings negative effect, we cannot assure this to Gu Ge is absent to you. Of all kinds stock of Gu Ge is completely equal on economic interest, just differ somewhat on right to vote.
Gu Ge is to serve as company of battalion of one family property to grow rise. We believe, “Two class are made ” vote the structure will conduce to Gu Ge appearing on the market as a lot of positive factors when the company maintains him to regard privately owned as the company at the outset. We understand, a few investor are not admired ” two class are made ” structure. A few people think probably of Gu Ge ” two class are made ” the structure will make we can be adopted certain only benefit and our oneself, the action of partner of collectivity of song of cereal of and rather than. Gu Ge considered this issue already carefully, we and board of directors never are done blindly absolutely piece any decision-making. We believe, every person that concerns with Gu Ge, also include new investor among them, will indebted at this kind of structure. However you also ought to understand, gu Ge and its partner have not realize these expect an increase probably.
In addition, gu Ge enlarged the board of directors of the company recently, have brought into 3 members. John Hennessy is Stanford university president, have computer science doctor’s degree. Art Levinson is the presiding apparitor of Genentech, have biochemical doctor’s degree. The president that Paul Otellini is an Intel company holds presiding operation official concurrently. The capacity that these new director bring to the company and experience make us extremely excited.
We believe, gu Ge has the processing group of a world-class, it is under the impel of cereal song mission, bearing the responsibility that achieves a success. We believe, “Two class are made ” the stability that structural place brings will let us be able to preserve our distinctive company culture, continue to attract and hold a talented person - the life that they are Gu Ge and blood. Our colleague also can believe, dedicated at stabilizing the company that grow for a long time to will cherish certainly their oneself, their laborious is moved with one’s shoulder to collar and their love and creativity.
As an investor, you be about to brushstroke entrust of long-term venture capital investment gives this group, it is cloth forest and me extremely. We two people, plus Schmidt and the other personnel that administer a group, be familiar with soberly, the new investor that individual and collective interest will choose support Gu Ge to develop with those people what the interest keeps deep is consistent. Cloth forest and I devote oneself to long-term development of Gu Ge. All member of cereal song group also confirmed with his action he grows the clinging pursuit of far success to the company. Pass as always tough effort and good luck, this one acceptance is sure abiding and flourishing.
I am mixed when cloth forest founds Gu Ge at the outset although hope, but do not have expect to be able to be achieved to Gu Ge such dimensions is mixed now influence. We have at that time intense and up to now also the end that a bit did not change, can help people seek information effectively namely. We are certain, the information of search and integrated whole world is one is different from common main task, and the company that must be worth to trust and hope to seek welfare for the masses by will finish. Accordingly, cereal song bear is worn the mission to the whole world. This kind ” two class are made ” the structure ensures the help to we perform our duty; And the partner that we believe to the procedure that performs duty will give Gu Ge brings greater value.
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