"If we have to calculate according to the time and plan just now, it should be inconvenient." Meng Fanqi declined politely, "At this rate, Baidu's press conference will be on the 6th and 7th, and I still have to go there during that time. I’m attending the International Computer Vision Conference and I can’t go to the press conference.”
"Okay. I forgot about this." Li Yanhong was stunned for a moment, then smiled, "You have released new technologies one after another. After DreamNet, first came the generative adversarial network, and then the real-time detection algorithm. I even forgot about DreamNet. Nothing has been officially announced yet.”
In Li Yanhong's instinctive feeling, the results based on DreamNet have reached the point where a technology conference can be held and officially put into commercial use. This residual network must have been a long time ago, right?
After Meng Fanqi finished speaking, he realized that this year's IMAGENET-2013 competition seminar had not yet started.
"Okay, then you can get busy. Showing the algorithm in Australia is actually a kind of publicity for us." Robin Li thought for a while, and this was not bad. "I won't talk to you any more. I'll contact you if anything happens."
"Mr. Li, wait a minute, I have something to ask you." Seeing Robin Li preparing to leave, Meng Fanqi suddenly thought of autonomous driving, so he asked.
"you say."
"If it's convenient, can I advance part of my income?" If you want to enter the market and disrupt autonomous driving, you must rely on your own technical understanding and technical influence to make money. At this stage, what Meng Fanqi lacks most is principal. “This part of the money can be deducted from the profit sharing later.”
The hundreds of thousands I spent on BTC before were really not enough. Even if I borrowed money from various places, it was still far from enough.
"Are you in urgent need of money now?" Li Yanhong was a little surprised.
"It's not particularly urgent, but I have some investment insights and really need to start the capital." Meng Fanqi originally planned to integrate the two quarters of Baidu's share and the income from Google to re-enter the business in the middle of next year.
But now that he heard Robin Li's information, he concluded that he would make a lot of money by buying some self-driving-related stocks first.
The money is not urgently needed, but it will be a big loss if you can't get it.
"How much do you need?" Li Yanhong thought for less than a second before deciding to agree. However, the amount of the advance needs to be discussed further.
"The more the merrier, preferably no less than eight figures." Meng Fanqi probably knew the situation of Baidu at this time.
Revenue in the fourth quarter was more than 9.5 billion, and net profit for the year was more than 10 billion. Li Yanhong invested more than 40 billion in technology research and development this year.
It is no exaggeration to say that judging from the actual harvest of Robin Li's investment of more than 4 billion this year, there is no problem that this real-time detection algorithm is worth several hundred million.
It's just that research and development and technology purchase are not calculated in the same way, and Meng Fanqi is not easy to open his mouth.
"Let's do this. I'll give you an advance of 20 million in the next two days, and I can also advance you between 15 million and 20 million by the end of the year." Robin Li has been prospering in the past two years. Because he focuses on technological research and development, his funds The chain has always been very conservative and there are no problems.
Due to the high quality of Meng Fanqi's research results, Robin Li is even willing to allocate hundreds of millions to him for research and development every year. If Baidu could develop several residual networks to generate confrontation or real-time detection results of this level, he would be completely happy.
It's a pity that Meng Fanqi insisted on joining Google and went to Stanford for further study.
Even so, Robin Li was still willing to do this convenience. "Baidu will send you a formal email every quarter based on the financial report to inform you of the current quarter's share. After these two advances, the share will be deducted here first, and normal payment will not resume until all deductions are made."
"No problem, I understand." Meng Fanqi was satisfied with the situation, "Thank you, Mr. Li, for your understanding."
"How to do this specifically? Are there any other precautions? Or do you have any other requests? You can check with Secretary Liu later." Li Yanhong warned before leaving, "I will tell her about this matter when she arrives." I will contact you when the time comes. But please don’t tell anyone about this matter and keep it as confidential as possible.”
Robin Li has the full power to do this, but if it really gets spread, it will be quite troublesome internally.
Meng Fanqi nodded in agreement, expressing understanding.
He does have some additional needs. First of all, he does not want to get this part of the money at home.
Regardless of whether there is a boom in self-driving entrepreneurship or large-scale capital inflows, the pace in the United States is faster than that in the first half of the year, and the U.S. stock market does not have a daily limit, making it even more exciting and exaggerated.
For people like Meng Fanqi who have technical insider knowledge and can release technologies that affect some industries, the operating space is much larger.
The second reason is that if Meng Fanqi had to handle the large-scale domestic capital flows, it would be quite cumbersome and inconvenient.
In addition, now that he is in China, it is more inconvenient for him to apply for a bank card or account in the United States. This also requires some help from Baidu.
Later that day, Meng Fanqi received a call from Secretary Liu, which showed that Li Yanhong was quite concerned about matters related to Meng Fanqi.
After taking away many of Meng Fanqi's documents, Secretary Liu promised that he would handle it for Meng Fanqi within two days.
This is also thanks to Meng Fanqi's cleverness. When he applied for an Australian visa before, he also applied for a US visa at the same time.
This makes it much easier for Baidu's staff in the United States to operate.
In this case, although you cannot get the physical bank card quickly, you can first send the card number and security code to Meng Fanqi.
Most of the basic payment and consumption functions can be used.
In the short term, since this matter is handled by Robin Li's secretary, there is no risk. However, Secretary Liu still reminded that after Meng Fanqi leaves for the United States in a few months, he should quickly open a new bank account to transfer this Baidu. Transfer the money from the temporary account given.
To avoid any unnecessary disputes in the future.
At the same time, Meng Fanqi also asked Baidu to open a US stock account for himself.
In this way, Meng Fanqi can quickly use the advance funds.
"In the future, we should prepare early and get things done." Meng Fanqi reflected on it. He had never thought about opening a U.S. bank account and a U.S. stock account before, but he found it too troublesome and always procrastinated.
With Robin Li helping him this time, the management and security of the account will not be a problem. He can just transfer the money in a few months.
If it had been anyone else, Meng Fanqi would really not be able to let go.
"Opportunities are reserved for those who are prepared. I almost missed this best bargain hunting opportunity."
Meng Fanqi shook his head and sighed, and then began to search for corporate information related to autonomous driving on the Internet.
