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Changpeng Zhao

๐Ÿ‘ค Speaker
2157 total appearances

Appearances Over Time

Podcast Appearances

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Yeah, I think so.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

So things started growing.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

And then how long did it take you guys until you got the billion dollar valuation?

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

I don't know when the valuation is, but we're probably one of the fastest companies to reach $1 billion in profits.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

I think that took about a year.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Profits took one year?

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Yeah.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Not REV?

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Not REV, not REV.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

So it's profits.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Yeah.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Well, at the time, profits and REV is pretty similar.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Because your margins are so... Because our team is small.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Our cost is low at that time.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Our team is very small.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

And so, yeah, that's when, yeah, that's about a year.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

So at that time, who are the major, who are the top five biggest players in crypto, Bitcoin in 2017, 2018?

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

There was Polar Next, which was the biggest.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

And then later on, Bittrex became the biggest by the time we launched.

PBD Podcast
The $110 Billion Dollar Man - Binance Founder Opens Up | PBD #797

Who else?