Yi Lihua: The core of investment is investment, and most startups in the currency circle are ultimately paid by investors
2025-09-19 14:27:58
Yi Lihua, founder of Liquid Capital (formerly LD Capital), wrote that first-rate entrepreneurs always innovate and make progress, second-rate entrepreneurs encounter difficulties and complaints every time, and third-rate entrepreneurs often run away or change their shells (most startups in the currency circle are ultimately paid by investors). The hardest part of investing is investing in the wrong person, and the core of investing is investing.
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