Mingcheng nodded vigorously: "Don't worry, wife, you will see a completely new Su Mingcheng in a year."
Julie wiped away her tears: "This time, I really owe you a lot to my brother and Mingyu. Otherwise, I really wouldn't know what to do."
Mingcheng looked at Li Mu: "Brother, thank you. I've done a lot of stupid things in the past, and I'm sorry to have troubled you."
Li Mu walked over and patted him on the shoulder: "Who hasn't been young? Who hasn't made mistakes? As long as you can correct them, it's never too late. You can still achieve something in the future."
“I hope you can reform yourself properly inside, and when you come out, I hope to see a completely new Su Mingcheng.”
Mingcheng nodded vigorously: "Big brother, don't worry, I will try my best to improve."
He looked at Mingyu again, opened his mouth, hesitated for a long time, and finally walked over.
"Mingyu, I was too naughty and immature before. I'm sorry."
He then bowed deeply.
Mingyu was stunned. She never imagined that her second brother, who had been a nightmare in her childhood, would one day apologize to her.
She tried her best to appear calm, but her trembling fingers betrayed her true feelings.
Taking a deep breath, Mingyu looked at Su Mingcheng, who was dressed in prison clothes and bowing deeply. A ray of sunlight shone down, turning Mingyu's face golden.
She sighed softly, as if the childhood trauma no longer mattered.
"It's all in the past, it doesn't matter anymore."
She said this, but tears welled up in her eyes. Mother Su was gone, Mingcheng was in jail, what else could be done? Let it all pass.
Once she understood all this, she felt a sense of relief. She knew that the shadows of her childhood would no longer affect her.
However, some things cannot be made up for with an apology. As for Su Mingcheng, she felt neither hatred nor any affection.
Let's just maintain a casual relationship. She doesn't have high expectations for anyone, nor does she harbor deep resentment. Let things be as they are.
……
As his visiting hours ended, Mingcheng bowed once more before leaving.
"Big brother, Mingyu, I'll be leaving while I'm away. If Lili encounters any difficulties in the future, I'll have to rely on you."
Li Mu sighed, "Don't worry, Mingcheng, just focus on your rehabilitation inside. Mingyu and I will take care of Lili."
Mingcheng glanced at the tearful Julie again, then turned and went inside.
Chapter 31 Three Billion Dollar Valuation
After several days, Li Mu and Wu Fei finally chose their target.
In the core area of Taihu Lake Scenic Area in Suzhou, a top-notch villa complex developed by a well-known domestic real estate company meets his requirements in terms of environment, supporting facilities, and the villas themselves.
In the end, Li Mu spent 85 million yuan to acquire this 1,200-square-meter detached villa with beautiful scenery, nestled against the mountains and by the water.
Just as he was busy with the procedures and renovations of the villa, an investment firm in the United States offered Olkus a high valuation that was hard to refuse, forcing him to interrupt his trip in Suzhou and return to the United States immediately.
The matters in Suzhou, as well as the renovation work of the villa, could only be handled by Wu Fei, who was quite enthusiastic and happy about it.
……
The investment institution that gave Olkus such a high valuation was one that Li Mu was very familiar with; it was Goldman Sachs, which he had entrusted to invest in and acquire Olkus shares a few months ago.
In recent times, the concept of the metaverse has become increasingly popular, and VR virtual reality technology has received more and more attention from investors.
However, this type of company and technology cannot be formed in a short period of time, and there are not many that can truly be considered high-quality; Olkus is one of them.
Other companies quickly secured funding, but Olkus kept dragging its feet.
Goldman Sachs understood Olkus's situation and capabilities, and in order to seize the opportunity, they acted swiftly and decisively, offering an irresistible high valuation.
After considering it for a while, Li Mu accepted the offer.
The high valuation is one aspect, but the resources and influence provided by Goldman Sachs also allow Olkus to develop more smoothly.
On the third day after Li Mu returned to the United States, the two parties officially signed a financing agreement.
Olkus raised $600 million by offering 20% of its equity at a valuation of $3 billion, with investment from three institutions including Goldman Sachs.
Goldman Sachs led the investment with $5 million, while the other two institutions each invested $5000 million.
Following this round of financing, Olkus's equity structure is as follows.
Li Mu's shares were diluted to 58%, but he remains Olkus's largest shareholder and retains control.
Goldman Sachs holds an 18.3% stake, making it the second-largest shareholder of Olkus.
The founding team's equity was diluted to 14%, making them the third largest shareholder.
The rest are small shareholders holding less than 5% of the shares.
……
After the funding round, Olkus had an extra $6 million in cash, and its development immediately entered a fast track.
Not only will the US headquarters expand, but regional headquarters and R&D centers around the world will also begin to be established.
Liu Qing has been officially appointed as Vice President and Marketing Director of Greater China, responsible for building the team and sales system in China.
In addition, a research and development center will be set up in Suzhou to better localize Olkus.
……
Li Mu had been busy with company affairs lately and hadn't paid much attention to things back home. That day, he suddenly received a call from Julie.
"Brother, I'm sorry to bother you."
"Oh, Julie, it's nothing. I've been quite busy with work lately and forgot to check on you. How are you doing?"
Julie hurriedly replied, "Very good, big brother, I'm doing very well here."
Li Mu said, "In that case, I'm relieved. Is there anything I can help you with?"
Julie said, "Brother, Mingcheng borrowed 100 million from you for investment, but he hasn't paid back the money he got back because he has to pay compensation."
“Now that I have some extra money, send me your account number and I’ll transfer 100 million to you.”
Li Mu was taken aback: "Julie, you and Mingcheng probably don't have much savings, right? This money?"
Julie said, "Brother, it's like this, I sold the house that Mingcheng and I were paying for. The market is good now, and I got 165 million after the loan was refinanced."
"It's no use for me to keep it; I'll return it to my elder brother first."
Li Mu frowned: "Zhu Li, Mingcheng is my own brother. I'm not short of money. Why did you sell the house?"
"If you sell the house, where will you live?"
Julie said, "Big brother, this is what I think."
“Mingcheng and I will eventually have to be independent. We can’t always rely on others. We used to depend on our parents, but now we can’t depend on you, our older brother.”
"I've sold the house, so I'm going to move back to my mom's house. I've always had a room there."
“After Mingcheng gets out, we’ll work together to buy another house to put some pressure on him and prevent him from slacking off.”
Li Mu sighed, "As the eldest brother, I promised Mingcheng I would take good care of you, but now..."
Julie said, "Brother, this is just my personality, so please accept it."
"If I really encounter difficulties, I will definitely trouble you."
Li Mu offered a few more words of advice, but Zhu Li remained resolute. He admired her personality; Mingcheng had married a good wife.
In the end, Li Mu compromised.
"Alright, Julie, it's Mingcheng's good fortune to marry you."
……
After sending the account number, Li Mu thought for a moment and realized that he couldn't just abandon such a sensible and reasonable person; he should still help.
However, we need to change the approach.
In Mingcheng's family, it's better if the woman is stronger than the man. With Zhu Li guiding Mingcheng, he won't go astray when he grows up.
He thought for a moment, made a phone call, and soon the information from Zhengcheng Accounting Firm, where Julie worked, was sent over.
Zhengcheng Accounting Firm is a well-established firm, one of the largest accounting firms in Suzhou, with a market valuation of around 1.5 million RMB.
Li Mu considered it quietly for a while, then picked up the phone again and contacted an alumnus who worked at CITIC.
Leave professional matters to professionals. For this kind of small equity acquisition, let's entrust it to CITIC.
……
A month later, Li Mu spent 3500 million RMB to acquire 21% of the shares of Zhengcheng Accounting Firm, where Zhu Li worked, making him the third largest shareholder.
After another series of operations, and then…
At Zhengcheng Accounting Firm, Julie sensed that the atmosphere at the firm was a bit strange today. The firm's usually mysterious big boss had also suddenly arrived.
Suddenly, someone notified everyone to go to the conference room, as the big boss had something important to announce.
When Julie arrived at the conference room, she was completely stunned. The big boss announced in front of everyone that she had been officially promoted to partner of Zhengcheng Accounting Firm.
Not only was she stunned, but everyone else in the accounting firm was also stunned. The partners are the highest level in the entire accounting firm and are the core of the firm.
Not to mention Julie, even those with more seniority, stronger abilities, and greater contributions were not qualified to be promoted to partners, yet she was promoted.
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