After a good day of shooting the promotional video material, Meng Fanqi got his wish and got his own U.S. bank account and stock account.

Looking at the 3.26 million US dollars in the account, Meng Fanqi was in a daze, feeling very unreal.

Previously, although Google's letter of intent had given a higher figure, it was still just a letter of intent.

It takes a very long process to negotiate, sign a contract, produce research results yourself or sign a contract for two or three years, and then transfer the money to your account.

But now the 20 million yuan that I had advanced has actually turned into 3.26 million US dollars based on the exchange rate and is lying in my account.

He can use the money any way he likes without any burden.

"Well...it can't be said that there is no burden at all." Meng Fanqi calmed down. After all, the advance is an advance. If the subsequent income sharing does not reach this amount, there will still be certain risks.

But this possibility is very slim. Not only is Meng Fanqi, who knows the power of the YOLO real-time detection algorithm, full of confidence in it, but even ordinary researchers at Baidu Research Institute can understand its power.

Because of this, at this moment, Meng Fanqi’s first investment in his account was Baidu’s stock.

Baidu's stock price at this time was approximately US$165. From June 2013 to November 2014, in one and a half years, Baidu's stock price soared from 96 to 246.

At this moment, it is in the midst of the spring breeze.

Under this trend, Baidu focuses on promoting the YOLO algorithm and holds technology conferences, which will definitely increase the price by about 20% in a very short period of time.

Meng Fanqi naturally does not intend to hold too many Baidu stocks for a long time, although he knows very well that the real-time detection algorithm two years in advance will help Baidu a lot.

But in new directions such as autonomous driving, the return on investment is even more exaggerated.

However, since he is very aware of Robin Li's actions in the past two weeks, there is no problem in using Baidu as a short-term target of no more than ten days.

According to Meng Fanqi's estimation, Baidu's stock price has risen from 165 to about 200 after experiencing the promotional video and press conference of this technology, which should not be a big problem.

The market will continue to be optimistic about Baidu in the future, so it will not be difficult for him to quickly sell off these stocks.

For a large company like Baidu, the daily trading volume of stocks is often in the billions. If I put this little money into it, I won’t make any splash, and there won’t be any abnormalities or arouse too much attention.<

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But even so, Meng Fanqi still divided the operation into multiple operations when buying stocks, just to be on the safe side.

Normally, such a move would not attract anyone's attention. But this time it was an exception. The money Meng Fanqi used to purchase shares was originally part of the advance payment, and it was handled through Baidu's personnel in the United States.

Account.

It would be weird if whiteness cannot be noticed.

Meng Fanqi bought shares worth approximately five million in batches, and Secretary Liu had already conveyed the situation to Robin Li.

Baidu's experience of going public that year was actually not smooth. In 2005, it suffered a hostile takeover by Google.

At that time, Google was determined to enter the Chinese market. The acquisition of Baidu was a shortcut at the time. Google's acquisition momentum was very strong. President Schmidt personally came to Yanjing to visit Robin Li.

Robin Li was facing tremendous pressure from many shareholders at the time. He believed that Baidu's benefits from its own listing and development were far greater than being directly acquired by Google.

But the road to listing is full of thorns, and many shareholders are attracted by the large sums of money promised by Google.

Robin Li spent a lot of energy and time in this regard, and finally blocked the Google acquisition.

In the same year, Robin Li officially submitted a prospectus to the U.S. Securities and Exchange Commission and implemented Baidu's "Niu Ka Plan."

The "Niuka Plan" is an anti-hostile takeover plan. Baidu calls the stocks issued in the public market Class A stocks, with 1 voting right per share, while all original shares are Class B stocks, with 10 voting rights per share.

Once there is an external transfer of Class B shares, the shares will be immediately converted into the same number of Class A shares. Among the Chinese companies listed in the United States, Baidu is the first to adopt this equity setting plan.

This behavior is generally considered by the outside world to be Baidu’s declaration that he hopes to develop independently.

Under the constraints of the "Niu Ka Plan", Google had to sell 2.6% of the Baidu shares it already held. At this point, Google's dream of acquiring Baidu was shattered.

After Google's acquisition of Baidu was hopeless, it clearly established Baidu as its biggest competitor. This also shows that Baidu's search business had a bright future in China at that time.

With such historical experience, Robin Li is very sensitive and concerned about the transfer of shares in his company.

Looking at the report summarized by Secretary Liu, Li Yanhong smiled helplessly.

"This kid came to me and advanced tens of millions, and ended up buying my company's stocks." Li Yanhong knew that Meng Fanqi was just a college student and had no other ideas, so he didn't pay too much attention to it and just thought it was a bit funny.<

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"This also shows that he is still very optimistic about our company." Secretary Liu answered with a smile.

"I don't think so. If he really wants to hold our stocks for a long time, he can just mention it directly in the agreement." Li Yanhong shook his head. If Meng Fanqi only wanted the shares, he would be extremely happy.
p>

You don’t even need to spend money, you can win him by evenly dividing the shares.

"He didn't ask for any shares, and he asked us to help him open a U.S. stock account with Bank of America. I'm afraid he wanted to invest in a start-up." Robin Li is indeed an old fox in the mall, and he can see through Meng Fanqi's ideas at a glance.

"Maybe he never thought before that the response to autonomous driving would be so good. After hearing what I said today, he wanted to play in the U.S. stock market."

Li Yanhong didn't care that Meng Fanqi didn't tell him too much. In his opinion, as long as it's not harmful to Baidu, there's no need to ask more questions.

"It's okay. If he wants to buy it, let him buy it. Don't worry about him." Li Yanhong told Secretary Liu, "He only has a million dollars in total and has no other ideas. He just wants to take advantage of our promotion period to become a

In the short term, just make a few cents. The technology was originally made by him, so let him make the profit."

Even if all the two advances, a total of six million US dollars, are paid in, it will only be about one to two ten thousandths of Baidu's market value, which is far from worthy of Robin Li's attention.

As long as he is informed, everything is under control.

"Hahaha, this kid is brave enough." Secretary Liu also found it interesting that this student suddenly got such a large sum of money, and he really dared to throw it all in, so he was not afraid of being manipulated by a deliberate boss.<

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Chapter completed!