Zhao Changpeng: Not interested in flashy models, ideas are worthless, execution is key
ChainCatcher message, in response to a proposal on asset tokenization model sent to Zhao Changpeng by a certain user, Zhao Changpeng stated: "I am not interested in fancy models. And I never buy ideas. Ideas are worthless. Execution is key. Here is a passage I wrote before: My investment philosophy includes three key principles: 1. Focus on fundamentals: Pay attention to the essence, which includes product, user growth, revenue/profit, and the strength of the team. 2. Long-term bets, get in early and hold: Early adopters often reap disproportionate rewards, and the best approach is to hold investments for the long term, as significant successes like Amazon or Google develop over time. 3. Invest in mission-driven founders: Invest in founders and teams with a vision beyond profit; great companies stem from mission-driven thinking, as founders who focus solely on money often waver after achieving moderate success."