The Web3 Journey of a 25-Year-Old Genius Entrepreneur

Ruan Yubo, a young entrepreneur born in 1996, has emerged in the tech industry with his extraordinary experiences and achievements. From self-learning programming at the age of 6 to founding a company at 17, and then becoming a prominent Web3 project founder by the age of 25, Ruan Yubo's growth trajectory is astonishing.

As a genius geek, Ruan Yubo had already won multiple technology invention awards and patents during his middle school years. At the age of 17, he founded his first company, focusing on the development of financial education hardware for children. By the age of 21, Ruan Yubo established an investment institution in Silicon Valley that focused on cutting-edge technology, managing a fund size of over $60 million.

In 2021, Ruan Yubo founded Parallel Finance, a DeFi parachain project built on the Polkadot ecosystem. Within just 7 months of its establishment, Parallel Finance secured strategic financing led by well-known investment institutions, with a valuation reaching $250 million. Investors are optimistic about the platform established by Ruan Yubo's team in a short period of time, believing it has the potential to promote DeFi to a broader user base.

Yuan Yubo is passionate about blockchain technology. He believes that blockchain is the next generation of the internet and may even bring about a larger-scale transformation in social collaboration than the internet. In his vision, most companies will exist in the form of decentralized collaboration or build applications on blockchain networks in the next decade.

However, the development of the blockchain industry also faces two major challenges: regulation and technology. Ruan Yubo predicts that this process may take 5 to 10 years, with the financial industry being affected first, followed by other internet industries integrating with blockchain in some form.

Despite achieving remarkable success, Ruan Yubo also faces immense pressure and challenges. He admitted that he had considered giving up, especially during the early days of his entrepreneurship. However, as time went on, he gradually began to enjoy the sense of accomplishment that entrepreneurship brought.

Ruan Yubo considers his learning experience at Stanford University and his entrepreneurial experience during high school as the two most fulfilling achievements in his life. He stated that the biography of Steve Jobs he read during high school had a significant impact on his worldview and sparked his entrepreneurial enthusiasm.

In the future, this young entrepreneur will continue to explore in the fields of entrepreneurship, investment, and technology, contributing to the development of Web3.