股權(quán)設(shè)計(jì)聽(tīng)起來(lái)很高大上，其實(shí)股權(quán)設(shè)計(jì)的核心是解決誰(shuí)投資,、誰(shuí)來(lái)管,、誰(shuí)收益以及誰(shuí)擔(dān)責(zé)的問(wèn)題,。

Equity design may sound fancy, but in fact, the core of equity design is to solve the problems of who invests, who manages, who benefits, and who takes responsibility.

股權(quán)設(shè)計(jì)要做到將創(chuàng)始人、合伙人,、投資人,、經(jīng)理人及其他利益相關(guān)方綁定在一起，從而將股權(quán)價(jià)值作為企業(yè)發(fā)展的戰(zhàn)略目標(biāo),，建立競(jìng)爭(zhēng)優(yōu)勢(shì)獲得指數(shù)級(jí)增長(zhǎng),。

Equity design should bind founders, partners, investors, managers, and other stakeholders together, thereby making equity value the strategic goal of enterprise development, establishing competitive advantages, and achieving exponential growth.

具體而言，一個(gè)設(shè)計(jì)好的股權(quán)架構(gòu)可以起到以下幾個(gè)方面的作用：

Specifically, a well-designed equity structure can serve the following purposes:

①,、合理的股權(quán)結(jié)構(gòu)可以詳細(xì)明確各個(gè)股東之間的權(quán)力,、責(zé)任、利益體現(xiàn)各股東之間對(duì)公司能管理哪些方面,，有哪些責(zé)任,，以及能享受到哪些利益，比如將股權(quán)按人力股,，技術(shù)股,，資金股來(lái)保證提供實(shí)際管理的老板和促進(jìn)公司發(fā)展技術(shù)層面的股東的利益；

① A reasonable equity structure can clearly define the rights, responsibilities, and interests of each shareholder, reflecting which aspects of the company they can manage, which responsibilities they have, and which benefits they can enjoy. For example, equity can be divided into human resources shares, technology shares, and capital shares to ensure the interests of the boss who provides actual management and the shareholders who promote the technological development of the company;

②,、避免出現(xiàn)公司股權(quán)僵局或股權(quán)爭(zhēng)議,、糾紛

② To avoid equity deadlock or disputes in the company

很多企業(yè)創(chuàng)業(yè)初期都不是一帆風(fēng)順的，前期有些股東會(huì)打退堂鼓,，中期又有可能會(huì)同床異夢(mèng),，到分配利潤(rùn)的時(shí)候，還有可能因?yàn)榉峙洳痪[起來(lái),；本來(lái)沒(méi)合伙之前,，還是好哥們，合伙之后成仇人的事不在少數(shù),，那合理并且穩(wěn)定的股權(quán)結(jié)構(gòu),，有助于維護(hù)公司，保證每個(gè)股東的利益,，以及創(chuàng)業(yè)項(xiàng)目的穩(wěn)定,；

Many companies do not have smooth sailing in the early stages of entrepreneurship. Some shareholders may give up in the early stage, and in the middle stage, they may have different dreams in the same bed. When it comes to distributing profits, there may also be conflicts due to uneven distribution; Before we formed a partnership, we were still good friends. After we formed a partnership, many people became enemies. A reasonable and stable equity structure helps to maintain the company, ensure the interests of each shareholder, and ensure the stability of entrepreneurial projects;

③、有助于確保創(chuàng)業(yè)團(tuán)隊(duì)對(duì)公司的控制權(quán)

③ Helps ensure the control of the startup team over the company

在未來(lái)引資時(shí),，股權(quán)要稀釋,，合理的股權(quán)架構(gòu)，有助于確保創(chuàng)業(yè)團(tuán)隊(duì)對(duì)公司的控制權(quán),；

When attracting investment in the future, equity should be diluted, and a reasonable equity structure can help ensure that the entrepreneurial team has control over the company;

④,、有利于企業(yè)順利走向資本市場(chǎng)

④ Beneficial for enterprises to smoothly enter the capital market

做老板的最終理想肯定都是上市，走向資本市場(chǎng)；那無(wú)論是主板,、創(chuàng)業(yè)板還是新三板,，均會(huì)要求上市標(biāo)的股權(quán)結(jié)構(gòu)是否明晰、清楚,、穩(wěn)定,。

The ultimate ideal of being a boss is definitely to go public and enter the capital market; Whether it is the main board, the ChiNext board, or the New Third Board, they will all require whether the equity structure of the listed target is clear, clear, and stable.