Produced | Odaily (ID: o-daily)
Produced | Odaily (ID: o-daily)
Sun Yuchen is on the hot search again, number one.
In the early morning of July 23, the person who took pictures of Buffett's lunch today announced that he would cancel Thursday's Buffett's lunch due to a sudden kidney stone.
On June 5, this person in the currency circle bought Buffett's lunch at a sky-high price of 31 million, and used this hotspot to successfully link with Trump, Wang Sicong, and Wang Xiaochuan, and successfully entered the public eye.
Originally thought that the cancellation would make him miss an opportunity to catch hot spots, but unexpectedly, it made him earn a new wave of traffic.
After all, Buffett hasn't canceled a lunch in 20 years.
"This wave of operation is too slick, the Oscar statuette is awarded to you." After the Weibo was posted, some people even said: "Maybe Sun thinks that eating is not as good as not eating, so he just stopped eating."
Netizens who quickly occupied the comment area directly called Justin Sun to mock the public again: "I like to mention hot searches again", "A marketing expert, he did it for himself again. You can enter leeks again", "Since then, Justin Sun has one more Title: The first man to dove Buffett".
In the comment area, not many people seemed to believe that he really had sudden kidney stones. More rumors that are difficult to verify are still coming one after another, for example, they have been investigated by the public security organs.
Surprisingly, at 11:00 p.m., Caixin’s report confirmed the rumors of “border control (restriction on leaving the country)” and further stated that the Mutual Fund Rectification Office has suggested that the public security organs investigate Sun Yuchen’s alleged illegal fundraising. Sina Finance even stated that the reason why regulators paid attention to Sun Yuchen was precisely because of the sensation caused by Buffett's lunch. The report was subsequently denied by Justin Sun.
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Twelve hours after Buffett's lunch announcement was canceled
Three and a half hours after Justin Sun announced this news, the price of Tron TRX hit the lowest point at that time of 0.025USDT, and fell by 11.86% at one point.
Wan Jiu howled. This currency price, which was perfectly linked to the news, caught many speculators who wanted to make a fortune from this Buffett lunch.
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(Screenshots circulated on the Internet)
Sun Yuchen in the screenshot said: "I have emphasized many times that making money is the most important thing. Everyone thinks that Buffett will teach me lunch, so I will teach Balao first before eating."
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(Internet screenshot)
Some netizens even took advantage of Sun Yuchen's "kidney stone" attack, and turned the avatars of the male and female protagonists in the advertising video of Shenbao into Sun Yuchen and Buffett's avatars, with a spoof text: Kidney deficiency, sometimes after excessive cutting of leeks, it seems that the body has been injured. Empty, want to make up for the overdrawn kidney? Never miss a dinner party with beauties again.
There are also people who wrote doggerel in the circle of friends: "Liu Qiangdong who doesn't know the beauty of his wife, Ma Huateng from an ordinary family, Jack Ma who regrets creating Ali, Wang Jianlin who has nothing, and Sun Yuchen who suddenly became stoned..."
It can be said that as soon as Sun Ge was listed on the hot search, netizens became enthusiastic about poetry and inspiration.
After several hours of ridicule, a report suddenly turned the style of painting into suspense.
At 11:30 in the morning, the 21st Century Business Herald published an article "Exclusive Blockbuster! Justin Sun, who canceled Buffett’s lunch, is suspected of illegal fund-raising, money laundering, pornography and gambling.”
The article directly points to Sun Yuchen's several crimes: his "accompany me" app is involved in pornographic transactions; the wave field project is mainly a gambling application, and domestic users can directly access it. Professor Li Aijun, dean of the Internet Finance Law Research Institute of China University of Political Science and Law, pointed out that as a financing channel, ICO has constituted illegal fundraising or contract fraud, and there is a risk that token issuers will break through legal restrictions and rob investors of their legal property. Sun Yuchen also raised a large amount of illegal funds through similar methods.
The sentence in the article about "Sun Yuchen is still in the country" has aroused heated discussions among netizens: "Sun's illness is only because of illegal activities and he has been restricted from leaving the country." Odaily reporters have received condolences from many circles of friends: "Boss Sun Did something really happen?."
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(Screenshot of Justin Sun Weibo)
At 11 o'clock in the evening, the plot once again had a major reversal.
According to Caixin, justin Sun has been restricted from leaving the country amid the ongoing crackdown on Internet financial chaos. "The Office of the National Internet Financial Risk Special Rectification Group has suggested that the public security organs investigate Sun Yuchen's suspected illegal fundraising, money laundering, involvement in pornography, and gambling."
According to Sina Finance, Sun Yuchen was not on the watch list of the regulators before, but because of his relationship with Buffett and continued hype, he came into the sight of the regulators.
Caixin further confirmed 21st Century's report about Sun Yuchen's "accompany me" app involving pornography. The company has already applied for deregistration.
As of this time, TRON's decline has expanded to 20%.
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Who is Justin Sun?
Who is Justin Sun?
Born in a small town in Huizhou, Guangdong, he once used the rebellious writer Han Han as his idol.
He has been on the trending searches many times, and he has been a rebellious boy with great personality since he was a child.
In the report of his college classmate GQ Editor-in-Chief He Yu, "Justin Sun on the Wind" reported that Justin Sun in high school only wrote essays in the language test; In his own name: Justin Sun.
He is well aware of the need to become famous as early as possible. He went to Wuhan to learn Go in the third grade of elementary school; he devoted himself to the computer Olympiad in middle school. It's just that these last attempts failed in the end.
Han Han's road to fame at a young age became his last hope. He hoped to change his destiny through writing, but he had no choice but to vote for three consecutive years but never heard back. He finally won the first prize in the New Concept Composition Competition in the third year of high school, and thus gained extra points in the college entrance examination and was admitted to Peking University. Justin Sun regretted that this first prize did not make him as famous as Han Han.
In Sun Yuchen's own description, this is the result of the awakening of self-awareness in the third year of high school and learning to reconcile with the rebellion in the past. It is also an inspirational story of counterattacking Peking University from Sanben.
However, in He Yu's story, there is an extra layer of speculation. It is Sun Yuchen who has carefully studied the writing style of the first prize in the previous New Concept Composition Competition and wrote many articles with different styles. Shanghai, intending to increase the chances of meeting the taste of the judges.
The style of management runs through his 4 years in Peking University.
In his freshman year, in order to improve his grade point, Justin Sun chose to transfer from the Department of Literature to the Department of History. After returning from the exchange in Hong Kong, his values were reshaped, from a talented scholar to a public figure. Choosing "Southern Weekend" as an internship enabled him to successfully get an offer from the University of Pennsylvania.
During the internship, Justin Sun also opened a column of "Weekly Review" on Renren.com, and the signature of each review will indicate: Justin Sun is in the news department of "Southern Weekend", and the number of hits has skyrocketed.
Justin Sun loves to comment on current affairs. Looking back at the blog articles that were opened at that time, there is no lack of whiplash against hot spots in various industries, including Foxconn’s 10 consecutive jumps, sensitive words of the times, and the script of If You Are the One.
In March 2011, Peking University will implement a school-wide academic consultation system for ten types of "key students" such as academic difficulties, extreme thinking, psychological fragility, and economic poverty, starting from May of that year. The post denounced the consultation system as nothing more than a Nazi. And therefore on the cover of "Asia Weekly".
In July 2011, after the publication of "Asia Weekly", Justin Sun changed his Renren user name to "Justin Sun|Asia Weekly Cover Person".
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"Jack Ma's Youngest Disciple"
In March 2015, Sun Yuchen's Baidu Encyclopedia added another title: "Jack Ma's Youngest Disciple".
Previously, Sun Yuchen was selected into the first list of "Hupan University" and was the only post-90s entrepreneur among them. In his subsequent autobiography, Justin Sun said that Jack Ma shaped his business value.
Perhaps out of admiration for Ma Yun, Sun Yuchen likes to take photos with Ma Yun and post them on the Internet. This move was regarded as the popularity of the horse rubbing father. Later, Ali asked Sun Yuchen to stop using "Ma Yun disciple" to package himself.
Sun Yuchen's idol changed from Han Han and Chen Duxiu to Ma Yun; his identity changed from a high-scoring talent in the history department to a business entrepreneur. The impact of studying abroad in the United States on Sun Yuchen is not insignificant.
The experience in Hong Kong is not the first time he has been "cleansed". According to Justin Sun, after going to the United States, he read the works of the female writer Ayn Rand and experienced "a baptism of values". Since then, he believes that entrepreneurs are the core on which the entire earth revolves, and the more people make money, the more noble they are. Seeing that the annual salary of a master like Yu Yingshi whom he admired was only 100,000 US dollars, which was not as good as that of a rookie on Wall Street, he decided to all in the business world.
However, in mainstream media quoting Friends of Sun’s report, the reason why Justin Sun single-mindedly entered the business world is because the articles written by the online magazine “Xinxin Youth” at the University of Pennsylvania in the United States fell into “plagiarism”, so the credibility in the original circle Completely bankrupt.
When he was a graduate student, Sun Yuchen invested in Tesla, earning more than 4 times the return; later cashing out Stud Bitcoin, earning more than 20 times the return. In addition, Sun Yuchen launched the program "Threesomes in the United States". He said that this experience "made me initially adapt to the uncertainty and cruelty of entrepreneurship."
At the end of 2013, Justin Sun gave up preparing for the law school exam for more than a year, and returned to China as the head of Ripple China to start a business.
He received investment from IDG and established Ruibo Tianxia Technology Co., Ltd., a company engaged in the development of decentralized clearing system products, to join the entrepreneurial tide of the post-90s generation. At the end of 2014, Sun Yuchen's phone social software "Baiwo APP" was launched.
Regarding the reason for returning to China, Justin Sun once said that it is difficult to break through to the core of the US territory, and China is the best entrepreneurial environment in the world.
At the beginning of his return to China, "Chinese Entrepreneur" made a program for him and Sogou CEO Wang Xiaochuan. The original intention of the program was the friendly exchange between successful people and entrepreneurs, but the conversation between the two was not friendly, and the program was not broadcast in the end.
But this experience made Justin Sun engraved in his heart, and he mentioned this experience again at the beginning of this year, and posted on Moments that he would never forget Wang Xiaochuan's eyes looking at the liar.
This circle of friends became popular in June, and made "Chinese Entrepreneur" republish a video many years ago. In the video, Justin Sun talked about it. When he participated in the Wudaokou Financial Forum, the guests of the same level were Wu Xiaoling, Zhou Xiaochuan is a big guy at this level, he is confident that the project will attract the attention of the bank leaders; Wang Xiaochuan repeatedly interrupted, saying that this is not counted, this is not a success, and directly said that the question has been asked, and obviously he has no patience to continue asking .
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The slanderer of the industry or the best CEO in the currency circle
Many entrepreneurs born in the 1990s are catching up with the mobile Internet train, but not many are on board.
Perhaps Sun Yuchen clearly realized that the Internet field has no chance for him to become the number one, so he immediately switched to the blockchain.
This time, he seemed to have finally found the right place. Thanks to his call-to-order attribute, he may be the "best CEO in the currency circle" in Leek's mind.
At the beginning of the creation of Tron, Justin Sun relied on his prestigious school background, successful experience in investing in Bitcoin and Tesla, and the entrepreneurial background of Peiwo APP to attract celebrities and investment institutions.
When Binance started the first round of ICO warm-up in 2017, he used Maserati and Mercedes-Benz as incentives to promote the appreciation of tokens; even when the 94 supervision incident occurred in the cold winter of the currency circle, Justin Sun still did not forget to broadcast live to appease the community.
Tron, which was once regarded as "air" by everyone, not only raised nearly 4,000 bitcoins in private placements during the financing period, but also rose from the issue price of 0.01 yuan to about 1.87 yuan after being listed on the exchange, successfully in the last wave of bull market Become a hundred times currency.
Justin Sun, who holds most TRON coins, has successfully become a player with a billion-dollar level due to cashing out at a high level.
It was reported that on January 5th, Justin Sun sold 6 billion TRON coins and cashed out 300 million U.S. dollars, or about 2 billion yuan, which once caused the price of the currency to plummet. Until he bought Buffett’s lunch, some netizens on Zhihu satirized that he bought the lunch at an exorbitant price with “the money earned from cutting leeks”.
Although Leek suffered heavy losses, at that time, Justin Sun did not die down like other founders, but still maintained a high-profile marketing style of TRON, which kept TRON from collapsing, and even brought good news one after another.
For example, there are two major competitions against Ethereum and EOS in succession: Justin Sun listed 7 reasons why Tron (TRX) is better than Ethereum (ETH) on Twitter, and was angered by the message of V God, the founder of Ethereum; Modeled after EOS's popular super node campaign, super representatives were also created along the way.
The approach of "making money first and then doing things" allowed Tron to survive the bear market and accumulated a lot of ammunition for itself.
In the currency circle, Justin Sun has upgraded from a target of crusade to an object of ridicule and even worship, "Brother Sun".
After all, whether it is the acquisition of BitTorrent at a large price or the continuous holding of developer competitions with high bonuses, Tron is considered by many people to be a project that is willing to spend money; Already launched, the DApp ecosystem is catching up with EOS, and the current market value of TRON is also ranked tenth.
In the eyes of Leek, a good CEO is one who can raise the price of currency by calling out orders.
Even though they may not respect the CEO.
Last year, Li Xiaolai's recording was exposed. In the recording, Li Xiaolai commented on Sun Yuchen as a "big fool". Sun Yuchen complained that he was shot while lying down. In the high-voicing comments, netizens said: "It's okay, everyone knows you are a liar. Li Xiaolai has no ability to give you a name", "Everyone knows you are a liar, but if you can make more money for leeks Good liar".
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The successful Sun Yuchen and the downcast Wang Xiaochuan
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(The Kardashian family is the most topical celebrity family in the United States. Through their self-made reality show, they show gossip, gossip and extravagant daily life and become popular on social networks. Although they are controversial, they do have their own traffic.)
Sun Yuchen is too good at marketing and packaging himself too much. He always seizes every opportunity to become famous, accurately appears next to every hot spot, and seamlessly connects technology, people's livelihood and entertainment news pages.
Some people hate him because of this; some bluntly said that "Justin Sun is not wrong"; some people pay attention to him because of this, and are attracted by his experience, admiring his strong execution ability.
In any case, his goal was achieved.
In 2015, he already thought of himself as a "rich, interesting, and ambitious" newcomer. Just like Sun Yuchen himself showed off in the circle of friends, and after recording the show with Wang Xiaochuan, "In less than three years, my company surpassed the market value of Sogou. In life, people who look down on you will spur you even more deeply."
However, to this day, Wang Xiaochuan still scoffs at him. He despises Sun Yuchen's success defined by his social status and market value. Seeing Sun Yuchen's irony, he responded that scientists who pursue truth with extreme rationality, artists who pursue beauty with extreme sensibility, and heroes who contribute to the world or nation with great love, can be immortal.
The currency circle has always been the epitome of society, and the tearing of values is no exception.
Among the people in the non-currency circle, there are also those who admire Sun Yuchen, thinking that he is a genius who "became rich without breaking the law at a young age", and hopes that he can become Sun Yuchen; some supporters regard him as a Idol, thinks Sun Yuchen is "smart and understands marketing", and regards every act of Sun's hype as a model for learning public relations; even Liu Ming, the former COO of Tron, exposed that "Sun entered the currency circle at the beginning, did not know what is ERC2 .0", there are still supporters defending, at least Sun Yuchen has the courage and courage.
Society is cruel to some and gentle to others.
Luo Chao Channel believes that Wang Xiaochuan and Sun Yuchen are two completely opposite types of people:
Justin Sun opportunistically participated in the New Concept Composition Contest and was admitted to Peking University with a reduced score. Wang Xiaochuan won the gold medal in the International Informatics Olympiad at the age of 18 and was "recruited" to enter Tsinghua University.
If Sun Yuchen can’t be number one in one field, he must immediately change to another; if he can’t get along well in the United States, he can go back to China to start a business. Wang Xiaochuan has been working at Sohu since graduation. He started as a technical engineer at the age of 25 and has always been with Sogou. When Zhang Chaoyang wanted to sell Sogou, he fought hard to protect Sogou.
As Luo Chao Channel concluded, the two chose two diametrically opposed "entrepreneurship" routes, and also chose diametrically different paths in life. And which is right and which is wrong, there is no answer, this is the fucking world, this is the "bad money drives out good money" in real life.
Looking at the inspirational stories written by Sun Yuchen for young people today, it may remind people whether the ambition he made to Feng Lun when he was interviewing for Hupan University was realized.
At that time, Feng Lun asked Sun Yuchen: "If you succeed in starting a business in the future, what do you want to do?"
Justin Sun replied: "The reason why I started my business is because I realized that entrepreneurs are the fundamental force to maintain the rotation of the country and society, not only creating value for consumers, paying taxes, promoting employment, but more importantly, promoting business civilization. In addition to the success of entrepreneurship, I hope to promote the development of business civilization and the cultivation of entrepreneurial spirit."
Looking back on Justin Sun's entrepreneurial path, maybe today's Justin Sun has the kind of madness that Ma Yun had back then. But obviously, there is still an Alibaba gap between Justin Sun and Jack Ma.
