Pursuing capital excessively can easily lead one into a trap. Capital can foster a speculative attitude. Therefore, I maintain a respectful distance from financial capital and hope to return to the essence of business operations, where the product is king and integrity is fundamental.
One must maximize commercial value before seeking financing to be able to sell at a higher price.
Too many entrepreneurs are focused on financing, valuation, and cashing out right from the start. Ding Lei's logic is the opposite—first, perfect the product, increase the number of users, and enhance value; then the money will naturally come.