坐标Snow
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"Mai Gang: Pop Mart, Bitcoin, and the Man Who Was 'Kicked Out of the Group Chat'"
Pop Mart's market value has surpassed HKD 300 billion, Wang Ning has become the richest man in Henan, and Labubu is popular worldwide.
Behind this feast, there is a name that is often overlooked - Mai Gang.
He was the first angel investor in Pop Mart and one of the earliest evangelists of Bitcoin, as well as a co-founder of OKCoin (later known as OKX).
In 2013, because he talked about Bitcoin in a WeChat group chat, he was 'kicked out of the group chat' by the mainstream VC circle. Today, Bitcoin has surpassed $100,000, and the market value of Pop Mart, in which he once invested, has increased twenty thousand times. This marginalized investor has defined the super growth of two eras.
Mai Gang has never raised funds from LPs, insisting on using his own funds for 'counter-cyclical' investments. His investment logic is simple but clear: What problem does a company solve? Who are its competitors? Why will it win? With this approach, he recognized the overlooked Pop Mart and understood Bitcoin, which was still being incubated in 'computer labs'.
Even more remarkably, his few 'casual matchmaking' efforts have influenced the entire landscape of the crypto industry. He was the one who introduced the host He Yi to OKCoin; he was also the one who facilitated Zhao Changpeng's entry into OKCoin; and all of this eventually led to the rise of Binance and the transformation of the crypto realm.
Mai Gang is a contradictory person: he once won the Silicon Valley Startup Competition but does not chase trends; he is an angel investor but does not form groups or expand; after graduating from Renmin University, he has been an entrepreneur yet always emphasizes that character is more important than strategy.
He said, 'Ultimately, what is left on your tombstone is not CEO, but 'Compassionate Father', 'Generous Friend'. You cannot take fame and wealth with you; what you can leave behind is only emotion and memories.'
Now it seems that this is not only the copy on his website's homepage but also a footnote to his life investment portfolio.
Pop Mart's market value has surpassed HKD 300 billion, Wang Ning has become the richest man in Henan, and Labubu is popular worldwide.
Behind this feast, there is a name that is often overlooked - Mai Gang.
He was the first angel investor in Pop Mart and one of the earliest evangelists of Bitcoin, as well as a co-founder of OKCoin (later known as OKX).
In 2013, because he talked about Bitcoin in a WeChat group chat, he was 'kicked out of the group chat' by the mainstream VC circle. Today, Bitcoin has surpassed $100,000, and the market value of Pop Mart, in which he once invested, has increased twenty thousand times. This marginalized investor has defined the super growth of two eras.
Mai Gang has never raised funds from LPs, insisting on using his own funds for 'counter-cyclical' investments. His investment logic is simple but clear: What problem does a company solve? Who are its competitors? Why will it win? With this approach, he recognized the overlooked Pop Mart and understood Bitcoin, which was still being incubated in 'computer labs'.
Even more remarkably, his few 'casual matchmaking' efforts have influenced the entire landscape of the crypto industry. He was the one who introduced the host He Yi to OKCoin; he was also the one who facilitated Zhao Changpeng's entry into OKCoin; and all of this eventually led to the rise of Binance and the transformation of the crypto realm.
Mai Gang is a contradictory person: he once won the Silicon Valley Startup Competition but does not chase trends; he is an angel investor but does not form groups or expand; after graduating from Renmin University, he has been an entrepreneur yet always emphasizes that character is more important than strategy.
He said, 'Ultimately, what is left on your tombstone is not CEO, but 'Compassionate Father', 'Generous Friend'. You cannot take fame and wealth with you; what you can leave behind is only emotion and memories.'
Now it seems that this is not only the copy on his website's homepage but also a footnote to his life investment portfolio.
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