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.CZ 🔶 BNB, hosted by Ella Zhang, shared his thesis on backing mission-driven founders with relentless execution. The X investment, beyond championing freedom of speech, was a founder bet on long-term conviction and relentless execution. Today, we're watching that conviction compound across X, xAI, and SpaceX.

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YZi Labs

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19,069 Aufrufe • vor 4 Monaten •via X (Twitter)

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CZ：If we launched a PUMP platform on BNB, I'd be in deep trouble During an interview with the threadguy channel on October 11, 2025, Binance founder CZ CZ 🔶 BNB was asked if BNB could defeat Solana and lead the meme coin market. CZ stated that blockchains are not simply in direct competition, noting that Solana made a phenomenal comeback after being severely hit by the FTX collapse. Under the Biden administration, utility tokens faced lawsuits for being classified as securities, whereas meme coins dodged regulation by claiming "no value." CZ remarked, "At that time, players on Solana basically stopped caring about all that, with the overall market leaning towards a pump-and-dump state," which led to the launch of the PUMP platform to capitalize on the meme frenzy, while Binance was battling US SEC lawsuits. CZ frankly admitted that if the BNB ecosystem also had a platform called PUMP back then, "I would definitely face a lot of scrutiny," making a similar model impossible. Currently, his focus remains on BNB Chain.

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.Bill Tai was an early backer of Zoom and Canva. At the YZi Labs Convergence Summit, Ella Zhang asked Bill what he saw in those founders before the consensus. Bill's answer: "Companies are piles of people united by culture. And in the word 'culture' is the word 'cult.' I'm looking for founders who can be the cult leader — someone who gets people to follow them on their mission." Mission-driven teams deliver incredible output that money can't buy.

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