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Tang Lei and Gu Huanxi weren’t particularly familiar with the concept of bike sharing, but that was alright as long as Xu Mo understood it.
Since Xu Mo was likely to provide most of the investment, with the three of them having less to contribute, following Xu Mo’s lead would quickly pave the way for the bike-sharing project.
Of course, before diving into bike sharing, some pilot testing and assessments were necessary.
To minimize potential losses, trial locations needed to be selected in densely populated areas and regions where high-quality talent congregated.
Xu Mo swiftly identified a region for this purpose: an area where universities and technology firms were clustered.
Bikes could be placed at the entrances of universities.
For the initial batch of bikes, Xu Mo planned to start with a conservative estimate of around five thousand bikes.
If the reception is positive and users pay substantial deposits, more bikes can be introduced, as university students are generally more receptive to new concepts.
Xu Mo, along with Tang Lei and the others, swiftly identified six to seven suitable locations for the bike-sharing initiative.
Additionally, they needed to find bike suppliers to customize the bikes.
This required preliminary arrangements, and once the funds were secured, they could proceed to acquire the bikes.
Lastly, they needed to register a company, hire two programmers to develop the app, as this was crucial for getting the project off the ground.
One must eat rice one grain at a time and walk the path one step at a time.
While Xu Mo and Tang Lei were busy with their bike-sharing initiative, they kept a close eye on the Bitcoin market.
As anticipated, just three days later, the price of Bitcoin plummeted once more, causing a massive capital wipeout and leaving countless individuals in distress.
There was a growing sentiment of animosity towards Bitcoin in the market, with many criticizing its lack of value.
Amidst this turmoil, Bitcoin experienced another sharp decline.
Without hesitation, Xu Mo plunged into the market, investing eighty thousand yuan, waiting for Bitcoin to rise again.
After waiting another three days, Xu Mo witnessed Bitcoin’s price rebounding and surpassing its previous high.
Seeing the opportunity, Xu Mo decided it was time to sell.
In this round, he made nearly sixty thousand yuan, increasing his funds to fourteen thousand.
For the next month, Xu Mo essentially replicated his previous actions – buying low and selling high.
His assets grew rapidly, climbing from fourteen thousand to eighteen thousand, then to twenty-three thousand, thirty-five thousand, forty-seven thousand, sixty-two thousand, eighty-one thousand, and eventually to one hundred and thirty thousand…
Upon reaching a million yuan in funds, Xu Mo’s confidence soared, prompting him to continue his operations and further increase his wealth.
On the other side, with the college entrance exam approaching, Xu Mo’s family hadn’t really reached out to him this month. Only Xu Wanting had visited twice, while Xie Bingyan and Xu Deming hadn’t shown up.
However, Xu Mo was aware of the situation where his cards and funds had been cut off by Xie Bingyan and Xu Deming, and a cold smile crept across his face.
One day after school, Xu Mo spotted Xu Wanting at the school gate, driving an Audi towards him.
Unsure why she was coming over, Xu Mo was indifferent and turned to walk away. Xu Wanting, however, got out of the car and stopped him.
She was also carrying a pot of something in her hands.
“Xiao Mo?” Xu Wanting called out, her voice gentle.
Ignoring her, Xu Mo tried to pass by her.
However, Xu Wanting hurriedly stopped him and said, “Xiao Mo, please wait a moment. I just have a few things to say before I leave!”
“I don’t understand why you’re here! If there’s nothing important, don’t come looking for me. I believe Teacher Lin has already explained everything to you!” Xu Mo responded coldly.
“I won’t come often, but Xiao Mo, please just listen to me for a few moments! Once I’m done, I’ll leave, okay?” Xu Wanting pleaded.