PANews reported on April 3rd that in response to a proposal about an asset tokenization model from a user, CZ stated: "I'm not interested in fancy models. Moreover, I never buy ideas. Ideas are worthless. Execution is key. Here's what I previously wrote: My investment philosophy contains three key principles: 1. Focus on fundamentals: Pay attention to the essence, which includes product, user growth, revenue/profit, and team strength. 2. Long-term betting, enter early and hold: Early adopters often receive disproportionate returns, and the best method is to hold investments long-term, because major successes like Amazon or Google develop over time. 3. Invest in founders with a mission: Invest in founders and teams with a vision beyond profits, as great companies originate from mission-driven thinking, because founders who only focus on money often waver after achieving moderate success."
CZ: I am not interested in fancy models. Ideas are worthless. Execution is the key.
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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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