25-year-old genius entrepreneur secures top investment, achieving a startup valuation of $250 million in 7 months.

Ruan Yubo, a young entrepreneur born in 1996, has drawn widespread attention in the industry due to his extraordinary experiences and achievements. Starting from self-learning programming at the age of 6, Ruan Yubo's life trajectory has been unique. During his high school years, he won multiple technology invention awards and patents, including the first prize at the Microsoft Imagine Cup, and has been hailed as a genius geek teenager.

At the age of 17, Ruan Yubo founded his first company during high school, focusing on the development of financial education hardware for children. At 21, he established a venture capital firm in Silicon Valley, USA, specializing in cutting-edge technology, managing funds exceeding $60 million. During this time, he also pursued studies in computer science, finance, and economics at several prestigious universities, showcasing his diverse talents.

However, the most remarkable achievement of Ruan Yubo is the founding of Parallel Finance. This is a DeFi parachain project built on the Polkadot ecosystem and is regarded as one of the leading projects within that ecosystem. Polkadot was founded by Gavin Wood, a former co-founder of Ethereum, and is considered one of Ethereum's main competitors.

In November 2021, Parallel Finance secured strategic financing led by well-known investment institutions just 7 months after its establishment, with a post-investment valuation reaching $250 million. This financing not only reflects investors' confidence in Ruan Yubo and his team but also signifies the recognition of the project's potential in the DeFi sector.

Yuan Yubo holds an optimistic view on the future of blockchain technology and decentralized finance. He believes that blockchain will become the foundation of the next generation of the internet, and may even bring about a transformation in social cooperation on a larger scale than the internet. He predicts that within the next decade, most companies will exist in the form of decentralized collaboration or build applications on blockchain networks.

Despite facing technological and regulatory challenges, Ruan Yubo believes that the development of blockchain technology will have a significant impact on the financial industry within 5 to 10 years and will gradually penetrate other internet-related fields.

As a young entrepreneur, Ruan Yubo also faces enormous pressure and challenges. He admitted that he had considered giving up, especially during his first entrepreneurial venture. However, the sense of achievement he has gained along the way makes him fully enjoy the entrepreneurial process now. He regards his entrepreneurial experience during high school and his studies at Stanford University as the two most fulfilling things in his life.

Ruan Yubo stated that Steve Jobs was his idol during high school, inspiring his entrepreneurial ideas. Now, this 25-year-old young entrepreneur is moving forward with his dreams in entrepreneurship, investment, and technology, contributing to the development of the Web3 and DeFi fields.