Actually I just want to act

Chapter 1146 Dimensionality Reduction Strike
Peng Zhengwei's mind was full: "???"

What the hell? !
What does it mean to count on the replay but not the premiere?When did TV dramas rely on reruns to eat? !

However, Peng Zhengwei was too embarrassed to ask, and just watched Fang Jiming leave.

At this time, the time points to 11:30.

After returning to the courtyard house, Fang Jiming felt a little tired.This tiredness is not physical, but mental.From the eve of Feixun's listing to after the listing, Fang Jiming has been busy. Until now, Fang Jiming was relieved.To be honest, the feeling of tense nerves is not very good.When people are tense, they can still bear it. Once the string is loosened, they may be discouraged.

Fang Jiming belongs to this category.

"I'm the boss, why am I so tired?"

Fang Jiming came up with this idea involuntarily. After Feixun went public, the team has also accumulated experience, and by following the template, any problems can be easily solved.To be honest, investors in Baidu's Bald Eagle Venture Capital and private equity funds are also eager for returns. Even if there are any difficulties, they can still provide customer service and let Baidu go public smoothly.

"It looks like I'm going to do it, but in fact, I'd better let it go..."

Fang Jiming sighed, if he continued like this, he might be exhausted earlier than in his last life.

After making the decision, Fang Jiming instantly felt much more relaxed.

This is because he only manages the three companies Feixun, Baidu, and Oriental DreamWorks.You know, he still has hao123, 360, Taobao, Panshi Records, and Shenzhou... If he manages all of them, it is not enough to divide himself into several pieces.Therefore, Fang Ji understood.Don't care too much, just be a bystander, and make the most correct decision after seeing clearly the direction of enterprise development.

Besides, with the rotating CEO policy, Fang Jiming only has one step left to make the right decision, agree or veto it with one vote.

Of course, the company should develop according to the direction set by Fang Jiming.As for other branches, as long as it is beneficial, not illegal, and not provoking public anger, it can be developed.

Fang Jiming, who had figured it out, immediately decided that he should calm down when going to Baidu tomorrow, neither saying yes nor no.As for how well it is doing, it can be based on whether it is listed or not.

The next day, when Fang Jiming stepped into the office on time, the company had already arrived.The employees who didn't show up were either to discuss business, or go on a business trip, or were on the night shift and needed a rest... Fang Zhiming didn't bother with checking attendance, because he only looked at benefits. "Fang Dong!"

Wen Liangping and Jiang Xingrui hurried out and shouted to Fang Jiming.

Fang Jiming nodded and said, "Let me see, you guys go and prepare, I need to know the latest situation of the company."

Wen Liangping and Jiang Xingrui looked at each other, is this different from the rumors?

At Feixun's meeting, Fang Jiming almost did everything by himself.

Why did you first observe it yourself when you came to Baidu?
No matter what, the boss has let go, and they have to do it.

In fact, Wen Liangping still has a bit of a grudge in his heart. This rotating CEO system has caused Wen Liangping to lose part of his previous power.However, facing the company that is about to go public, Wen Liangping takes it for granted... Even in the Bald Eagle side, apart from the founder, very few people can control the entire company.

Just because Fang was able to trust before, doesn't mean he can trust now.

After all, shares are different.

In the previous Baidu, Fang Jiming had an absolute controlling stake.In the current Baidu, Fang Jiming’s absolute holdings are only 42%, and the remaining 13% are employees’ dividend shares, and the remaining shares are used for financing.Once these employees' shares are lowered by 6%, and other shareholders can integrate, then Baidu will be in danger of changing hands.

Fortunately, Fang Jiming has always held a veto, but this is also in danger of being evaded, even if the probability is too small, so small that it is almost impossible to happen.

Then, the rotating CEO system is the best way to eliminate all hidden dangers.

You can invest in Baidu, but you want to take Baidu directly, sorry, you have no such hope.

Wen Liangping sighed and went back to prepare materials.

However, Jiang Xingrui, who is not very careful, did not see anything wrong with this.He is not a rotating CEO, but a CTO chief technology officer, a position that can hardly be changed.Therefore, Jiang Xingrui didn't feel anything wrong at all.He just needs to continue to study technology and manage Baidu's various research and development well, then there will be no problem.

Fang Jiming secretly observed what codes these programmers were typing.

Good guy, it really is all about advertising.

There is no way, whether it is Baidu or GG, as long as it is a search engine, Internet advertising revenue must account for more than half.Even Baidu has already accounted for 88% of this meeting, and the remaining 12% is other income.This is also impossible. Who doesn't want to open source, but it is necessary to find a suitable profit model!
Tieba is good, but to be honest, monetization is not good.

Although Baidu Library has cooperated with well-known research institutes such as HowNet and Wanfang, the benefits will not be much for a while.

Baidu knows that not many people charge money.After all, you paid money to offer a reward, and there may not be someone willing to type and answer your questions seriously.

Therefore, Baidu's biggest source of income other than advertising is actually maps.

The income from Baidu Maps is, to put it bluntly, advertising, but it is an advertisement for offline stores.Well, there are still some car manufacturers approaching Baidu to ask for authorization fees for authorized map applications.These incomes are not high, so that many foreign investors feel that Baidu's financial statements are false.

Advertising revenue is actually hard to predict.

Just like TV commercials, one year is good, one year is bad, and even the year is getting worse.

Who could have predicted such a situation?

Although the Internet is thriving, Chinese Internet consumers are accustomed to free things and think that the Internet is simply for sharing, which makes Baidu's advertising business blurred.Therefore, Fang Jiming's expectations for Baidu are not too high.

Although Fang Jiming knows that Baidu's status in the Internet is that it does not seem to be very profitable, but there is no way.But the problem is, not making money is the original sin!

"Why don't you imitate Facebook and set up a webpage similar to sharing based on personal accounts..." Fang Jiming knew that Facebook could rise because it didn't have a rival like QQ.If there is an opponent like QQ, which has seized most of the users, whether Facebook can rise is another matter.

On the Bald Eagle side, even if many people don't know QQ, isn't QQ the same as attracting a large number of fans with QQ games?
This is still the result of not being listed in the app store. If QQ could be listed in the major app stores of Bald Eagle, Facebook and its like would have been killed in seconds.In QQ, you can find all the similar happiness that you can find on the Internet. This is a dimensionality reduction blow to friends and businessmen, the crushing type!

(End of this chapter)