25-Year-Old Genius Geek Valued at $250 Million After 7 Months of Entrepreneurship

Ruan Yubo, a genius geek born in 1996, has demonstrated extraordinary technological talent since he began self-learning computer programming at the age of 6. During his middle school years, he had already won 13 science invention awards and obtained 5 patents, including significant awards such as the first prize in the Microsoft Imagine Cup and the first place in the Nuremberg Inventors' Competition in Germany.

At the age of 17, Ruan Yubo founded his first company while still in high school, focusing on the development of financial education hardware for children. At 21, he established Bawei Capital in Silicon Valley, USA, an investment institution specializing in cutting-edge technology with assets under management exceeding 60 million USD, and was rated as one of the top ten blockchain investment funds.

Ruan Yubo's academic background is equally impressive. He studied computer science, finance, and economics at Boston University, the University of Pennsylvania, and Stanford University, showcasing his diversified development in both academics and career.

Today, 25-year-old Ruan Yubo has once again entered the public eye as the founder of Parallel Finance. Parallel Finance is a DeFi parachain built on the Polkadot ecosystem and is considered a leading project in the Polkadot ecosystem. In November 2021, the project secured strategic financing led by well-known investment institutions, with a post-investment valuation reaching $250 million, a remarkable achievement given that Parallel Finance had only been established for 7 months at that time.

Investors are optimistic about Ruan Yubo and his team's platform established in a short period, believing it makes DeFi more accessible to institutional and retail investors, and has taken the first step towards penetrating the traditional financial sector. They believe this project has the potential to realize the vision of bringing DeFi to billions of people in the future.

Ruan Yubo's views on blockchain technology are quite forward-looking. He believes that blockchain is the next generation of the internet and may even bring about a transformation in social cooperation on a scale larger than the internet. He predicts that, in the next decade, most companies will exist in the form of decentralized collaboration or will establish their own applications on blockchain networks.

In Ruan Yubo's view, blockchain technology will reshape existing business models and empower users with more rights. In traditional models, users are merely recipients of services, while in the blockchain model, users will become part of the platform, having voting rights and sharing more benefits through smart contracts.

Despite the ups and downs the blockchain field has experienced, Ruan Yubo still firmly believes in its potential. He thinks that the current development of blockchain is mainly restricted by regulation and technology, and it may take 5 to 10 years to overcome these challenges. He predicts that the financial industry will be the first to be affected, followed by other internet industries that will integrate with blockchain in some form.

Starting his entrepreneurial journey at the age of 17, Ruan Yubo has faced tremendous pressure and challenges while achieving success. He admitted that he had thought about giving up, especially during his first venture, where he had to deal with company management and operational issues in addition to technology. However, he stated that he feels a sense of accomplishment throughout the journey, and he is now fully enjoying it.

Ruan Yubo believes that the two things he is most proud of are entering Stanford University to study and starting his own business during high school. He stated that his idol during high school was Steve Jobs, who inspired his entrepreneurial ideas. Ruan Yubo greatly admires the profession of entrepreneurship and gained immense inspiration from the biography "Steve Jobs".

In the future, this young genius geek will continue to pursue his dreams in entrepreneurship, investment, and technology, contributing his strength to the development of blockchain and DeFi.