Odaily Odaily reports that CZ responded to questions during today's AMA regarding how Binance can avoid missing out on "the next Binance" in its current investments, given that many VCs missed out on Binance's investments in the past. CZ stated that projects are very difficult to judge; one can invest in a project or in a person. He prefers founders with a sense of mission and also prefers to invest during bear markets because he knows the founders will remain committed and continue working.
CZ discusses his investment philosophy: Investing is also about investing in people; bear markets make it easier to find the "next Binance."
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