How to distribute the shares of the newly-opened company?

For many start-ups, entrepreneurs don't know how to allocate equity reasonably. First, share the equity equally, which is probably the most common problem for everyone. Because China people pay attention to egalitarianism, college roommates who have just graduated or young colleagues who are under 30 years old in enterprises often come out to start businesses together, and the shares of the company are shared equally. This practice is very dangerous. At the beginning of the venture, it seems to balance the interests of several partners, but in fact, the company has no real controlling shareholder. Once the company grows, it is easy to have differences. The average distribution of equity makes no one have absolute right to speak. As a result, several partners often break up in discord, and even the company eventually falls apart. Therefore, it is best for the core founder to hold at least 565,438+0% of the shares in the initial stage of the venture, and enjoy absolute control to avoid excessive dispersion of the shares. Second, external partners hold too many shares, which is very common for early entrepreneurs who need a lot of resources urgently. For example, in a company with a registered capital of 1 10,000, the boss borrowed 400,000 from his relatives at the initial stage of raising resources, so he was allowed to hold 40% of the shares. If the company gets better and better in the future, even 1 10,000 is not a large number. At that time, it was easy for entrepreneurs to lose their mentality when they watched those who initially invested only 400,000 pay dividends according to 40% of the shares. Moreover, external partners only pay money without making efforts, which is unfair to employees who really create profits for the enterprise. In order to make the enterprise have a long-term and stable development, entrepreneurs need to consider buying back the shares of external shareholders at the right time and in the right way for the long-term incentive of core employees. Third, there is no reasonable stock withdrawal mechanism in advance. For the first two misunderstandings, if the stock withdrawal mechanism is formulated in advance, the problem can be solved to a great extent. Entrepreneurs often formulate the entry mechanism of shares for external shareholders or employees, but ignore the exit mechanism. When a company adds new shareholders, it is easier to reach a consensus on price. If no agreement can be reached, the worst result is that the company will keep its original shareholding structure unchanged. However, if external shareholders want to withdraw their capital contribution and cash out, or the employees who hold shares intentionally leave without prior agreement, it is very easy for both parties to disagree on the share price, and it is not uncommon for shareholders to break up or even go to court. Therefore, the entry mechanism of shares must be accompanied by the corresponding exit mechanism.