People often ask me what VC is.

Actually, this question seems simple, but not many truly understand it.
VC stands for Venture Capital, which means using money to bet on companies with high growth potential, in exchange for equity or profit returns.
These projects usually focus on technological innovation and startups, offering high returns but also carrying high risks.

But recently, I’ve noticed a phenomenon: many so-called VC projects treat getting listed on a major exchange as their only goal.
Honestly, this logic is a bit flawed.
The core should be the project's value, technology, and team—getting listed on an exchange is just the result, not the goal.

As investors, we can't change the mindset of project teams, but we can change ourselves.
This brings us back to an old topic: What is VC, and how to judge it?
The answer is quite straightforward—you need to continuously expand your knowledge base.
Research each project, build your own cognitive framework, rather than blindly following the crowd.

My advice is to follow a few reliable content creators, see how they analyze projects and think about the market.
Learn their methodology, find the track that suits you, and gradually build your own investment framework.
This is what should be done in the post-Bitcoin era.

Remember the meaning of the four letters: DYOR—Do Your Own Research.
Follow your own path and make the right decisions.
This is the essence of investing.