headphones
CZ shares investment experience in the new book: Focus on fundamentals, long-term betting, and investing in founders with a sense of mission
徐冲浪
徐冲浪
authIcon
数字货币大师
20h ago
Follow
Focus
Bot is not available
Helpful
Not Helpful
Play

On April 3, CZ shared its investment experience on the Reachme platform:


"I stay away from fancy models. I never buy creativity. Creativity is worthless. Execution is the key. Here is what I have written before: My investment philosophy includes three key principles:


1. Pay attention to fundamentals: forget those fancy business models. Instead, focus on the essence: product, user growth, revenue/profit, and team strength.


2. Bet for a long time, buy and hold as early as possible: Early adopters usually get disproportionate returns. There will be many failures along the way, but a few successes are enough to make up for them. The best way is to hold investments for a long time, as major successes like Amazon or Google have evolved over time. Setbacks and short-term failures, like Terra, are all part of the journey.


3. Invest in founders with a sense of mission: Invest in founders and teams who have a vision of exceeding profits. Great companies are derived from mission-driven mindsets, as founders who focus on money tend to shake after moderate success. Those who work for greater causes will create more sustainable and impactful businesses. "


CZ said the above is taken from his forthcoming book.

Open the app to read the full article
DisclaimerAll content on this website, hyperlinks, related applications, forums, blog media accounts, and other platforms published by users are sourced from third-party platforms and platform users. BiJieWang makes no warranties of any kind regarding the website and its content. All blockchain-related data and other content on the website are for user learning and research purposes only, and do not constitute investment, legal, or any other professional advice. Any content published by BiJieWang users or other third-party platforms is the sole responsibility of the individual, and has nothing to do with BiJieWang. BiJieWang is not responsible for any losses arising from the use of information on this website. You should use the related data and content with caution and bear all risks associated with it. We strongly recommend that you independently research, review, analyze, and verify the content.
Comments(0)

No comments yet

edit
comment
collection
like
share