I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Generally speaking, brokerage firms charge fees based on the proportion of funds raised in the IPO.

When a company goes public, most of the time it will not choose just one securities firm.

Instead, multiple brokerage firms work together to sell the company's stocks.

As long as there is no problem with the securities firm, the IPO project can be carried out even if the level of the accounting firm and the law firm is slightly lower.

After all, the essence of a company’s listing is a financial business!

"Director Jiang, I will try to start the communication with the brokerage firm in the next few days."

Hu Sen naturally attaches equal importance to this area.

Now that Totoro Technology is about to reap the rewards, several of the people present are holding options worth sky-high prices.

Only if the company can be successfully listed can the options in the hands of these people be successfully cashed in, and even become worth hundreds of millions.

By then, the company will have a large number of middle-level leaders who are multi-millionaires, as well as old employees who have made a fortune.

This is also the case even though Totoro Technology's working hours have been adjusted to flexible working hours from 10 am to 6 pm.

But in reality, the average working hours of employees in the company is around 10 hours.

All of this is done to help the company go public.

Once the company goes public, even ordinary employees can work less for a few years as long as they can buy original shares.

"For financial brokerage institutions, I will contact Tencent, Hillhouse, Sequoia, IDG and others, and I will not put all the pressure on you."

"We allowed them to participate in the financing back then, and now it's time to give them a return."

Naturally, Jiang Hao didn't intend to fight alone in the securities business.

During the A and B rounds of financing, several top capital companies were allowed to participate because we valued the resources they could bring.

Tencent and Hillhouse Capital have always poured a lot of resources into their Totoro.

Now is the time for the remaining Sequoia and IDG to play a role.

Otherwise, Totoro would not have lacked separate funds for investment back then.

"In addition to these tasks, are there any specific additions?"

"Anyway, starting today, the company's next work, apart from hosting the S-League, will focus on going public."

Jiang Hao looked at Hu Sen. The other executives were mainly responsible for specific business logic blocks.

Hu Sen was the most experienced in the overall listing work, which was why he brought Hu Sen in to serve as CEO early on.

Many of the excellent benefits that were given out in the past are now facing listing and require feedback from all parties.

"Director Jiang, do we still need to hire an IPO consultant for our company?"

"We won't hire anyone specifically for this. You will be the main person, and Vice President Lu will be the assistant."

General IPO consultants are mainly financial experts, and most of them will let the secretary of the board of directors be responsible for this area. Of course, there are also those who directly hire institutions.

However, Jiang Hao did not plan to hire anyone else for this part of the work, and would mainly rely on Brother Hu.

“What about the appraiser?”

"Isn't the accounting firm responsible for this assessment?"

Jiang Hao began to have difficulty understanding many of the details of the listing, or the remaining work besides the key ones.

At the moment, I don’t quite understand this assessment issue.

“The accounting firm will do the evaluation, but we are going to list overseas.”

"My suggestion is to find a third-party evaluation agency overseas to do an asset and credit assessment."

"Since you suggested it, let's add this part of the work as well."

When it comes to the listing work, Jiang Hao trusts Hu Sen unconditionally.

He is clear about some money that can be saved and some money that cannot be saved, and he also has to make trade-offs.

He will never be stingy when it comes to getting money for a better listing.

"What about the IPO consultant..."

"Stop, stop!"

How come there are so many other jobs that he doesn't quite understand?

Seeing Hu Sen mentioned the specific work again, Jiang Hao quickly interrupted him.

"Before going public, how many specific tasks need to be communicated? Please briefly tell me about it."

“Fund raising and investment consulting consultant, industry consultant, IPO information service provider, internal control consultant, IT audit agency, equity incentive consultant, financial public relations…”

One after another, the required work came out of Hu Sen's mouth.

Jiang Hao then realized that even though he had anticipated the complexity of going public, his thinking was still too superficial.

It solves the big jobs for brokerage firms, law firms, and accounting firms.

There are more than twenty detailed tasks to be completed, and they are still waiting for Totoro Technology.

Jiang Hao would not be willing to skip these steps that could improve the chinchilla technology.

This money is spent now and can be recovered in the future as long as the company can be successfully listed.

He really didn't think there would be so much specific work.

It is somewhat unrealistic to hold meetings for these tasks now. He has not heard a lot of things and is unable to give opinions or make decisions.

“I didn’t expect there would be so much work.”

"How about this, let's make a list of all the work you think is needed after the meeting."

"Then we'll have another small meeting in two days to finalize these matters."

Jiang Hao didn't pretend to be a wise guy, and he didn't get to where he is today by pretending.

What he should do is admit his shortcomings and let professionals do professional work.

And it wasn't just him. Chen Peng, Zhan Liang and Zhang Jing beside him were also looking at each other in confusion.

Even for them, it was the first time that they had such a specific concept of listing work.

It is no wonder that many companies take several years to prepare for listing, especially small companies. Trying to complete these tasks in a short period of time is no different from fighting a war.

"How is everyone's work spirit in the company recently?"

"Director Jiang, Vice President Chen's colleagues in the technical department, Vice President Zhan's operations and marketing, and Vice President Lu's finance department have all been very busy recently."

"As for their mental outlook, they are all good! They are all very motivated!"

Technology and operations are always busy, and he understands that without him saying it.

As for finance, I guess we were too busy with acquisitions in the first two months.

“The preparations for the listing can be disclosed to the employees.”

"After a few firms are finalized, some of the options remaining in the company's option pool will be distributed to some ordinary employees."

"Of course, the number is not large. The upper limit of the share is set according to the length of service, and the subscription is mainly voluntary."

The company has retained the last part of the option pool options, and its valuation has actually exceeded 100 million.

The bulk of the money will be given to several firms and some of Jiang Hao’s classmates and friends.

Then, the equity purchase shares given to ordinary employees with long experience and old employees will not be too much.

That is, when the company goes public, you can get a large bonus for free, which is considered a small fortune.

As for senior executives and middle-level management, they will no longer participate in the option distribution this time. After all, their options were signed individually after the C round.

The number of shares is several times or even dozens of times more than the options that old employees can get!

The meeting finally ended around 11 o'clock, and Jiang Hao and several senior executives began to fully devote themselves to the listing work.

It didn't take long for the employees at Totoro Technology to start freaking out.

On the computer, the number of emails, including internal Feiqiu, and other communications such as WeChat increased rapidly in a short period of time.

As for the topic under discussion, it was naturally about the news of preparation for listing.

No matter what people outside say, this is the first time that the company has received official news from within.