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He also knew how prominent the Jiang family was, and it seemed to be quite a sizable clan.
In reality, the Xu family was equally significant.
Specializing in the jewelry industry, the Xu family was a renowned jeweler with assets worth at least several billion, not to mention their cosmetics company, which was also highly esteemed.
There were families in Xiahai City larger than the Xu family, but they could be counted on two hands at most.
Xu Mo couldn’t be bothered to speculate on who the Jiangs might invite. Since they had invited him, he would simply prepare himself accordingly.
Coincidentally, they had already drafted their proposal in these past few days and were in the process of submitting it.
With several batches of bicycles being deployed consecutively, Xu Mo had now placed over 150,000 bicycles in operation. The user base had exceeded 60,000 people, and the rate of increase was extremely rapid.
With such a user base, raising fifty million in investment shouldn’t be a problem.
Of course, if they could pull in a hundred million or even several hundred million, that would be even better.
As long as his funding remained sufficient, expansion would accelerate even further.
Xu Mo immediately went to Tang Lei and Gu Huanxi with the good news, intending to rewrite a new proposal.
When Tang Lei and Gu Huanxi heard that Xu Mo had been invited to the banquet, they couldn’t help but exclaim in surprise.
“Many investors will be there! It’s just a chance to meet people and make connections!” Xu Mo remarked.
“Jiang Pingting may not be able to help us much; we need to rely on ourselves to seize opportunities!” Tang Lei added.
“However, the opportunity she’s giving us is quite good!” Xu Mo smiled.
Tang Lei exclaimed excitedly, “Just being able to meet them in person is already great! Even if it’s just to make connections!”
Gu Huanxi calculated in his mind, “How much equity should we offer this time? And how much investment should we seek?”
“We’ll offer ten percent equity in exchange for over fifty million in investment! As long as the financing is successful, the valuation of our entire project could surpass five hundred million!” Xu Mo grinned.
Upon hearing this, Tang Lei and the others couldn’t help but get excited.
“Can we offer even more?” Li Banzhuang asked. “Ten percent for one billion!”
“It depends on the situation! If we’re lucky and there’s bidding, naturally we can go higher! Right now, we’re just estimating ten percent of fifty million!” Xu Mo chuckled.
“If we can reach one billion, that would be impressive!”
“Super impressive!”
“Haha, let’s strive for it! Let’s rewrite the proposal, making it simpler, more direct, and more apparent! We need to showcase our advantages and ideas!” Xu Mo grinned.
“Alright!”
Everyone got busy, starting to rewrite the proposal.
…
On the other side, Xu Shuying finished work, returned home, took a shower, changed clothes, and prepared to attend a banquet.
In the end, Xu Deming and Xie Bingyan went abroad with Xu Junzhe for a trip. Along with them were Xu Manni, the third sister, and Xu Pandi, the fourth sister.
The eldest and second sister were both busy with their own matters and were not at home, leaving only her at home.
She heard from the eldest sister that when their mother left, she didn’t inform Xu Mo at all and had no intention of taking him abroad, she is still resentful.
But Xu Shuying didn’t think much of it.
The family didn’t like Xu Mo anyway, so it would be strange to take him along!
If they did take him, Xie Bingyan and the others would probably not have a good time.
As for informing him or not, it didn’t matter; Xu Mo wasn’t at home anyway.
The eldest sister even said that when their mother left, she didn’t bother asking what Xu Mo was doing or where he was. There was a lot of resentment.
Xu Shuying also found it quite normal.
Xu Mo’s words during his interview really hurt Xie Bingyan’s feelings, causing her to be extremely angry. Her anger hadn’t subsided yet, and she was waiting to see him make a fool of himself. It would be strange for Xie Bingyan to reconcile with him!
For Xu Shuying, Xu Mo was simply reaping what he sowed!
She didn’t dwell on it much, instead, she changed into a beautiful outfit and happily went to the banquet.
As the fifth miss of the Xu family, Xu Shuying had quite a reputation and held a respectable position in Xiahai City. Her ride was a two-million-dollar black Bentley, which she drove straight to the Jiang family estate.
This banquet was hosted by the Jiang family, who were primarily involved in real estate and tobacco industries and were quite renowned in Xiahai City, not much inferior to the Xu family.
The guests invited were all prominent figures and entrepreneurs from various sectors of Xiahai City, mainly for networking, cooperation, and development purposes.
Handing her car over to the security, Xu Shuying, dressed in a black evening gown and high heels, elegantly entered the lobby of the venue.
Here, many other socialites and young ladies like her had also been invited. Xu Shuying knew quite a few of them and quickly followed the servant upstairs, where she exchanged greetings with them.
She arrived a bit late, and the banquet had already begun. Some people were performing on stage, while downstairs, most people were eating and chatting.
Jiang Pingting hadn’t shown up, and Xu Shuying wondered where she could be.
Xu Shuying didn’t bother looking for Jiang Pingting. She came here mainly for networking, meeting with friends, or perhaps getting to know some young talents in Xiahai City, maybe even fishing for a wealthy husband.
Many scions of prominent families would also appear at this banquet.
After chatting with her friends for a while, Xu Shuying felt bored. She turned her head to look downstairs, intending to watch the performance, but suddenly, her expression froze as she caught sight of something.
On the ground floor, many people were drinking, toasting, and chatting. Jiang Pingting was seen conversing with several individuals while accompanied by a young man in a black suit.
After a few exchanges, the young man took out some documents and began distributing them.
It seemed he was distributing them to quite a few people, some of whom were chatting while glancing at what he was handing out, furrowing their brows.
Xu Shuying’s expression couldn’t help but stiffen.
“Why is he here?”
That young man in the black suit, who else could it be if not Xu Mo?
Unlike two months ago, Xu Mo had noticeably grown taller and more muscular during these two months.
She had never seen him wear a suit before; he used to wear his school uniform almost every day, appearing somewhat untidy. Now, in the suit, he emitted a sense of charisma.
“Oh? That top scorer!” a nearby girl chuckled. “Brought over by Jiang Pingting, quite interesting!”
“What’s so interesting about it?” Xu Shuying didn’t understand why Jiang Pingting would bring Xu Mo to such a place, and her expression darkened.
“He’s done something quite interesting; it’s just been presented to us here! It’s a pity, though, he’s an orphan!” the girl next to her laughed.
Xu Shuying frowned. “He was just here?”
“He was here! Jiang Pingting brought him up; apparently, he’s looking for investments, quite impressive!” the girl chuckled.
“I don’t know where Jiang Pingting found him! But the project he presented is quite good; it’s said to have received a ten-million investment and is now valued at five hundred million. He’s looking for an angel investment of fifty million!” another girl chimed in.
“What? Five hundred million?” Xu Shuying couldn’t help but be astonished.
The girl smirked. “Surprised, aren’t you? I was surprised too; this young man really has guts!”
Xu Shuying glanced downstairs and sneered, “What project? Valued at five hundred million? Is he bluffing? And looking for fifty million in angel investment? Who would invest fifty million in him?”
“I don’t know about that! But I think the project seems pretty good!” the girl laughed.
Xu Shuying’s face became serious.
She naturally knew that the bike-sharing venture was Xu Mo’s brainchild, and to her, it was just a wasteful endeavor.
She couldn’t understand why Xu Mo would do such a thing. She had wanted to scold him, telling him not to waste money, but Xu Mo simply ignored her, or worse, he would yell at her whenever they met, leaving Xu Shuying infuriated.
And now, he was running around seeking angel investments?
Had the investors lost their minds? Why would anyone invest in him?
Xu Shuying was suddenly angry at Jiang Pingting, feeling that Jiang Pingting had brought Xu Mo here just to embarrass herself.
“Maybe this high schooler will get the investment!” the girl next to her chuckled.
Xu Shuying turned back angrily, “A few broken bicycles, and he thinks he can get investments? Those bikes are left on the streets for others to ride away; he’s probably losing money left and right!”
The girl looked surprised, “Shuying, why are you so angry? I heard from others that this project isn’t bad! Maybe he’ll really get some investments!”
Xu Shuying fell silent, not believing for a moment that anyone would invest in such a garbage project.
She felt that Jiang Pingting was conspiring with Xu Mo to deceive their Xu family.
“Hmph! He thinks he can attract investments with a few broken bikes? I want to see how this ends! How embarrassing it’ll be! If Pingting dares to deceive our Xu family, I’ll make sure she pays for it!” Xu Shuying fumed inwardly.
…
Under Jiang Pingting’s guidance, Xu Mo distributed the proposal.
After discussing the concept of bike-sharing with several people, the response was quite positive.
Perhaps due to Jiang Pingting’s influence, several investors expressed considerable interest.
“We’ve already invested ten million! We have 150,000 bicycles spread across the Xujing District. You can see our bikes everywhere along the streets in Xujing District!”
“Our user base is also quite large, reaching 60,000 users. The feedback from users has been excellent, with glowing reviews!”
“At the current rate of acquiring two thousand users per day, we expect to have a hundred thousand users in a month!”
“These users will provide us with significant deposits and riding revenue. With our scale, we estimate our valuation to be around five hundred million!”
“It’s worth mentioning that our growth rate is extremely fast, currently increasing at a rate of three hundred percent every month…”
Several pieces of data immediately moved the investors.
Even Jiang Pingting seemed somewhat astonished.
“Xu Mo, is the scale of your bike-sharing really this large?”
“That’s right!” Xu Mo smiled. “Currently, we’re still in the development period, far from reaching our peak. I believe with the additional funds, our scale can grow to ten billion, or even over twenty billion! We urgently need investment!”
Jiang Pingting and the others were stunned, their expressions turning serious as they began to carefully examine Xu Mo’s proposal.
“Hmph! A spendthrift! Let’s see how much investment you can actually get with this wasteful venture!”
“You definitely won’t get a single cent! You’ll definitely embarrass yourself thoroughly!”
“Thinking you can succeed in entrepreneurship and show off in front of the Xu family? Impossible!”
Xu Shuying watched Xu Mo down below, feeling increasingly irritated.
She was convinced that he would only bring shame to the Xu family!