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Author | Lao Luo Source | Internet Technology Circle (wwwkejiquan) Five years ago in the Sohu Internet Building, Wang Xiaochuan participated in an entrepreneurial program and had a conversation with a young entrepreneur. The young man in front of him was in a suit and leather tie. He looked talented, but he was talking about "central bank", "situation" and "Bitcoin". So Wang Xiaochuan couldn't help but said: "I still don't know why you are so good. I heard it was you who said it now, I didn't see it! ”  At that time, Wang Xiaochuan did not expect that the young man would still be haunted by this conversation after many years, and even posted on WeChat Moments: "I will never forget the way he looked at the liar! ” This young man is Sun Yuchen.  “"Broken appointment" Buffett, he is the first person Justin Sun can also be regarded as an “Internet celebrity” in the venture capital industry. Opening his Baidu Encyclopedia, there are three or four lines of labels and honors: a master's degree from the University of Pennsylvania, an Ivy League school in the United States, and a bachelor's degree from Peking University. Founder of TRON . Founder and CEO of mobile social application Peiwo APP, founder and CEO of Ruibo, and the first post-90s student at Hupan University…… Bold actions, unflappable remarks, and unconventional attitude constitute the Justin Sun that the public knows.  His famous deeds include exchanging arguments with Wang Sicong, claiming to help 10,000 ofo users refund their deposits, announcing a donation of 10 million to Zhao Yu, who is brave enough to do justice, and so on. Basically, wherever the hot spots are, Justin Sun will be there. But his most famous deed is probably last month, when he bought Buffett's lunch for $4.56 million. “Words like "4.56 million" and "Buffett" fully attracted the public's attention. For a while, Weibo and WeChat Moments were all discussing this matter. At that time, he excitedly posted a Bloomberg report on the matter on Weibo, and thoughtfully added his own topic - Sun Yuchen's sky-high price lunch. This topic has 120 million views on Weibo so far.  Since then, he has been building momentum on Weibo. At first, he said that he would install a digital currency wallet on Buffett's mobile phone. Later, he asked netizens to guess who would participate in the lunch. He also "spoiled" what would be eaten at the lunch from time to time. It was very lively. Unexpectedly, early this morning, Sun Yuchen posted on Weibo again, saying that he would "cancel the lunch meeting with Mr. Buffett" due to a "sudden kidney stone."  Most of the comments on this Weibo post questioned him. Some people said, "Kidney stones can be treated in half an hour and there is no need to be hospitalized at all." Some people said, "Oscar is already preparing to award him a statuette." Others said, "I'm afraid Buffett canceled the lunch." Under the hustle and bustle, let’s not worry about whether Justin Sun is really sick. He is probably the first person to dare to "dove" Buffett. As soon as this Weibo was posted, countless traffic poured in to him. What's interesting is that Zhihu netizens discovered that Sun Yuchen's Weibo said that the lunch meeting was "cancelled", but the official account of his entrepreneurial project, Tron, said that the lunch meeting was "postponed".  It was obviously postponed, but Sun Yuchen wrote postponed. I don’t know if he wrote it wrong, or if he wanted to take the opportunity to post another Weibo "explanation". However, we may be able to wait for hot searches on Weibo such as "Sun Justin went on an appointment with Buffett", "Who else did Justin Sun invite", "What did Justin Sun and Buffett have for lunch"?  “How many points can be given to the entrepreneurial project of "Marketing Genius"? In fact, behind all these disturbances, what puzzles me most is the identity of Justin Sun. He is obviously an entrepreneur, but what people talk about is not his projects, but his resume, his outstanding remarks on Weibo, and his "marketing" talent. Does that just mean that the most successful IP created by Justin Sun is actually himself? But the key point is that Sun Yuchen’s identity is not an Internet celebrity or a star, but an entrepreneur. In the business world, heroes are judged only by success or failure. No matter how great the entrepreneur's aura is, he still has to talk about the entrepreneurial project. So how are Justin Sun's entrepreneurial projects developing? Let’s first look at the social application he made, Paiwo APP. Peiwo APP is a stranger phone chat APP, founded in 2014.  According to the Internet, its most recent financing information was a 60 million yuan Series A financing invested by Xinzhongli Capital and others in 2016. In other words, Peiwo APP has not raised funds in three years. If you are not favored by the capital market, does it mean that investors have seen some clues? Moreover, in 2018, Xinhua News Agency also named Peiwo APP and reported that the anchor provided provocative audio and video services on the platform. So far, Peiwo APP displays the words "According to relevant laws and regulations, this application is not available for download" in the application market. The official website of Paiwo APP cannot be opened either. A social APP that is not very famous, is suspected of breaking the law, and has been removed from the store for rectification. Doesn’t that explain the problem? Let’s look at the TRON project that Sun Yuchen has been thinking about.  According to the official website, TRON is the world's largest blockchain decentralized application operating system and makes profits by issuing digital currencies (ICO). However, TRON has been controversial since its birth. In 2017, the national regulatory authorities issued the "Announcement on Preventing Token Issuance and Financing Risks", stating that ICOs were suspected of illegal crimes and halted all types of ICO activities. Justin Sun had no choice but to withdraw the funds raised, refund the coins, and then take a detour overseas. According to Red Star News, a well-known person in the currency circle expressed his disapproval of TRON, saying that “DAPPs (decentralized applications) on TRON are basically gambling and capital markets. The current TRON ecosystem is still far from being truly used and commercially available by users. ” All this shows that the success of Paiwo APP and Tron seems to be far less than that of Justin Sun himself. Ten years from now, there is a big question mark as to how many people will remember these projects of his.  What is success? What is a liar? Sun Yuchen's various deeds seem to prove that what Wang Xiaochuan said in the show is true - he has a good tongue, but seems to have no real material. In today's impetuous era, there are actually not many entrepreneurial stars like Sun Yuchen. I think back then, the sex toy shop of Ma Jiajia, a post-90s girl, was a famous star project and received tens of millions of yuan in Series A financing. However, rather than projects, she prefers to show her appearance and personality, and even said: “My core competitiveness is me. ”But if her project failed, it quickly closed down due to reasons such as being unable to make ends meet. There is also the famous Wang Kaixin. Back then, Wang Kaixin became popular because of the entrepreneurial reality show "I Am a Unicorn". At only 17 years old, her flamboyant personality and confident remarks have brought her countless topics. Her project Magic Department Store also received 20 million yuan in Series A investment, with a valuation as high as 60 million.  However, soon, the myth of Magic Department Store collapsed overnight. Many employees revealed that Wang Kaixin has an arrogant personality and has a high vision but a low hand in doing things. Magic Department Store also experienced negative news such as a sudden move and suspected tax evasion, and finally announced its closure. Justin Sun, Ma Jiajia, and Wang Kaixin have all earned countless applause and flowers through self-marketing. Their entrepreneurial projects are far less famous than themselves. From this point of view, they don’t seem to be much different from those “traffic stars” on the market. In fact, this sets a very bad example. If today's young people want to gain fame and fortune, don't they just need to hype themselves up? If today's entrepreneurs want to be successful, shouldn't they just publish books and give speeches? Does down-to-earth struggle still make sense? Wang Xiaochuan has his own opinion on this:  That's right, without strength and without works as the basis for success, everything is just a castle in the air. Market value and net worth are just frivolous things. In addition to building personal IP, entrepreneurs should build a deeper foundation with socially meaningful entrepreneurial projects that can change people's lives. Copyright issues, business cooperation Please add QQ/WeChat: 2881339630        |
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