PANews reported on April 3 that in response to a user's letter to Zhao Changpeng about a proposal for an asset tokenization model, Zhao Changpeng responded: "I am not interested in fancy models. And I never buy ideas. Ideas are worthless. Execution is the key. This is a passage I wrote before: My investment philosophy contains three key principles: 1. Focus on fundamentals: Focus on the essence, that is, products, user growth, revenue/profit, and the strength of the team. 2. Bet on the long term, enter the market early and hold: Early adopters often get disproportionate returns, and the best way is to hold investments for a long time, because major successes like Amazon or Google develop over time. 3. Invest in founders with a sense of mission: Invest in founders and teams with visions beyond profits. Great companies come from mission-driven thinking, because founders who only focus on money often waver after achieving moderate success."
Changpeng Zhao: I am not interested in fancy models. Ideas are worthless. Execution is the key.
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