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 Ifeng Technology Ifeng Technology official account will take you directly to the truth  Text | China Entrepreneur Magazine (ID: iceo-com-cn) Comprehensive Editor｜Gao Huanhuan Photography | Shi Xiaobing Yuval Harari said in "A Brief History of Humankind" that "the reason why humans can stand out from all animals and become the spirit of all things is because humans have mastered the ability to tell stories." Obviously, Sun Yuchen is well aware of this. He wrote in this open letter that as an entrepreneur, regardless of gender, he should use all the effective tools available to achieve success. The 20th Buffett Charity Lunch Auction came to an end recently. Justin Sun, the founder of TRON born in the 1990s, bought the "Buffett Charity Lunch" for a record high price of US$4,567,888 (approximately RMB 31.53 million), becoming the final winner of the auction. Justin Sun will also become the world's first entrepreneur born in the 1990s to have lunch with Buffett. From 2000 to 2019, the price of Buffett’s lunch also increased from US$25,000 to US$4.56 million, an increase of more than 180 times. However, the high price has not stopped its fans from flocking to it. According to media reports, after learning that Sun Yuchen had won this year's lunch, the ever-victorious general "Stock God" Buffett sent an email through his assistant saying that he was "looking forward to meeting Sun Yuchen." In the early morning of June 4, on his certified Weibo, Justin Sun wrote, “I officially announce to everyone that I successfully purchased Warren Buffett’s 20th anniversary charity luncheon for a record-breaking $4,567,888. I have always been a long-term believer in Buffett's value investment philosophy. At the same time, I hope to invite well-known figures in the blockchain industry to communicate with Buffett, so as to enhance the understanding and friendship between top traditional investors and digital currencies, and truly benefit the entire industry! ” “"Jack Ma's Disciple" VS "Jia Yueting in the Coin Circle"” Public information shows that Sun Yuchen, who was born in July 1990, has many auras such as the "post-90s entrepreneurial leader", the first GPA in the History Department of Peking University, and the first batch of students at Jack Ma Hupan University. But there are more controversies: he is the so-called "coin circle boss", the founder of TRON, the founder of the TRON Foundation, and the CEO of Bittorrent. Questions surrounding his "cash out", "plagiarism" and "air currency" are endless, and some people even gave him the title of "Jia Yueting in the currency circle". Justin Sun dislikes this title. He is proud of being among the first batch of students at Hupan University. "Jack Ma's first post-90s disciple" soon appeared in the Baidu Encyclopedia entry after being admitted to Hupan University. According to Chain Catcher, if any cooperation article does not use this title, Justin Sun feels that the positioning of him is "inaccurate" and needs to be changed. But the "90 Disciple" was stripped of the label after Alibaba allegedly issued a warning to him. The sky-high price of Buffett's lunch seems to be not far away from him labeling himself "Buffett's disciple". In addition, Justin Sun was also on the 2017 Forbes China 30 Under 30 list. Justin Sun said in an open letter in the early morning, "This is not only the highlight of my personal career, but also a momentous day for TRON and BitTorrent, and it also symbolizes the victory of the entire blockchain community. ” Obviously, for Sun Yuchen, the sky-high price of Buffett's lunch was not only his own highlight moment, but also a sky-high promotion for his company. Justin Sun has always been familiar with the benefits of having his own topics, traffic and endorsements for entrepreneurs, and he has tried and tested it repeatedly. At about 4 o'clock in the morning on June 4, Justin Sun forwarded a report saying that Buffett expressed that he was very much looking forward to meeting with Justin Sun and his friends. Secondly, in the Weibo promotion on June 4, Sun Yuchen added hashtags such as #SunYuchen took a sky-high price lunch##SunYuChen shot for 4.56 million US dollars# on his Weibo.  Source: Sun Yuchen Weibo screenshot In the early morning of the 4th, Wang Feng, the founder of Mars Finance, "proposed to elect Sun Yuchen as the chief charity guru of the currency circle" in his circle of friends. The profound meaning is self-evident.  Source: Screenshot of Wang Feng’s circle of friends Interestingly, Binance founder Changpeng Zhao publicly criticized Justin Sun. He posted on social media on the 4th, saying, “I think Buffett will eventually have a lunch funded by ‘rat poison’. Furthermore, will the crypto entrepreneur pay for his lunch for the next 10 years? With a valuation of US$50 million (this time Justin Sun’s lunch price for Buffett was US$4.56 million), a fairly large ICO... maybe this wish will come true. It's nice to be famous, people spend millions of dollars educating you. ” Unlike most winners who publish short messages anonymously or in a low-key manner, Sun Yuchen made high-profile and detailed marketing arrangements for winning Buffett's lunch: On June 1, Sun Yuchen said on Weibo that he had "done something big and will announce it three days later." On the same day, netizens commented: "Three days later, everyone will know that you took a photo of Buffett's lunch. ”On June 2, he said, "Let the bullets fly for a while." In a previous media interview, Sun Yuchen, who claims to be more like "warrior" Wang Xing, bluntly said that "the one I admire most is Jack Ma" because he feels that "Jack Ma is a person who is so far-sighted that it makes people feel terrible". He also said that he "will switch opportunities and tracks at any time." After all, he believes in the value of "people's positions can change at any time according to interests." It is also reported that Justin Sun has expressed his hope to fully communicate with Buffett about cryptocurrency and its underlying blockchain technology, and Buffett also expressed that he is very much looking forward to meeting with Justin Sun and his friends. But in fact, Buffett, known as the "Stock God", and his long-term business partner Munger have always been skeptical of decentralized cryptocurrencies such as Bitcoin. At the Berkshire Hathaway shareholder meeting in May, Buffett said that Bitcoin speculation is like gambling in Las Vegas. As early as 2014, Buffett commented that Bitcoin is just an illusion, and later reminded many times that Bitcoin is more toxic than rat poison. Munger once jokingly called trading Bitcoin "the equivalent of trading feces." The 20th Buffett Charity Lunch Auction was announced on the U.S. e-commerce website eBay at 10:30 am on June 1, Beijing time. The transaction price reached a record high, reaching $4.567888 million, setting a new high. It is worth noting that the auction record shows that this year’s auction only started for 2 days, and it broke the records set in 2012 and 2016 with a price of 3.5001 million US dollars.  Source: Screenshot of CCTV Finance Early auction prices were relatively affordable. In 2001, two winning bidders paid only $18,600 for the opportunity to have lunch with Buffett. But as auctions were held on eBay, the price kept rising, peaking at $3,456,789 in 2012 and 2016. Public information shows that in the past 19 Buffett lunch auctions, a total of three Chinese people have won the first place, and the three people contributed a total of approximately 5.07 million U.S. dollars, namely:
Yuval Harari said in "A Brief History of Humankind" that "the reason why humans can stand out from all animals and become the spirit of all things is because humans have mastered the ability to tell stories." Obviously, Sun Yuchen is well aware of this. He wrote in this open letter that as an entrepreneur, regardless of gender, he should use all the effective tools available to achieve success. Or, as he puts it in his autobiographical book, "This is the world of difference in mental maturity and spiritual freedom between winners and losers." If you want to see in-depth reports, please search "ifeng technology" on WeChat. For more first-hand news, please download the Phoenix News client and subscribe to Phoenix Technology.  I knew you were watching!  |
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