CZ shares his investment experience in his new book: focus on fundamentals, long-term bets, and investing in founders with a sense of mission
04-03 05:39

Odaily News CZ posted that he would share his investment experience on the Reachme platform: "I stay away from fancy models. I never buy ideas. Ideas are worthless. Execution is the key. This is something I have written before: My investment philosophy includes three key principles:
1. Focus on the fundamentals: Forget about those fancy business models. Instead, focus on the essence: products, user growth, revenue/profit and team strength;
2. Bet on the long term, get in early and hold: Early adopters often get disproportionate returns. There will be many failures along the way, but the few successes will more than make up for them. The best approach is to hold investments for the long term, because big successes like Amazon or Google are developed over time. Setbacks and short-term failures, like Terra, are part of the journey;
3. Invest in mission-driven founders: Invest in founders and teams who have a vision beyond profit. Great companies emerge from a mission-driven mindset, as founders who focus on money tend to falter after moderate success. Those who commit to a greater cause create more sustainable and impactful businesses.

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