CZ shares his investment experience in his new book: focus on fundamentals, long-term bets, and investing in founders with a sense of mission

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On April 3rd, CZ shared investment insights on the Reachme platform:

"I stay away from fancy models. I never buy ideas. Ideas are worthless. Execution is key. This is something I wrote before: My investment philosophy includes three key principles:

1. Focus on fundamentals: Forget those fancy business models. Instead, focus on the essence: product, user growth, revenue/profit, and team strength.

2. Long-term bet, get in early and hold: Early adopters usually get disproportionate returns. There will be many failures along the way, but a few successes are enough to compensate for these failures. The best approach is to hold investments long-term, because major successes like Amazon or Google develop over time. Setbacks and temporary failures, such as Terra, are part of the journey.

3. Invest in mission-driven founders: Invest in founders and teams who have a vision beyond profits. Great companies stem from mission-driven thinking, because founders focused on money tend to waver after achieving moderate success. Those committed to greater causes create more sustainable and impactful enterprises."

CZ stated that the above content is excerpted from his upcoming book.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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