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Yubo Ruan (Chinese: 阮宇博[5]), born in Beijing in 1996, is a tech entrepreneur and venture capitalist.[4] He is the founder and CEO of 8 Decimal Capital,[4][6] a venture capital investment firm focusing on early stage fintech,[7] and Parallel Finance, a decentralized finance (DeFi) platform on multiple blockchains valued at $500 million.[citation needed] [8]
Yubo Ruan | |
|---|---|
| 阮宇博[1] | |
| Born | October 14, 1996[2] |
| Occupation | CEO of 8 Decimal Capital[4] |
Early life
editIn high school, Ruan started his first company Alisimba Technologies in Beijing, China while winning 13 invention awards and five patents. Alisimba was acquired by TopHacker Consulting Group in 2015.[8]
Career
editFrom 2008 to 2012,[9] Ruan developed[10] and upgraded the smart piggy bank system.[11]
In 2017, he served as the co-founder of Skylight Investment, backed by New Oriental (NYSE: EDU) and Taiyou Fund.[citation needed]
In 2017, he launched his second VC fund 8 Decimal Capital with an AUM of over $60 million.[citation needed]
References
edit- ↑ "北京中学生发明智能存钱罐 承载留学梦". Ta Kung Pao. Retrieved 2014-12-02.[permanent dead link]
- ↑ "Yubo Ruan attended the Techweek LA". Xinhuanet.com. Archived from the original on 2015-05-10. Retrieved 2014-12-02.
- ↑ "A small piggy bank "generates" a big idea". People's Daily. Archived from the original on May 29, 2015. Retrieved Mar 5, 2015.
- 1 2 3 Jeff Kauflin (Forbes Staff). "Tricks Of A Crypto Trader: Meet Asia's Hottest Crypto Hedge Fund". Forbes. Archived from the original on 2018-08-02. Retrieved 2018-08-01.
- ↑ "中国少年发明家智能存钱罐吸引洛城消费者". The China Press. Archived from the original on 2019-10-29. Retrieved 2014-11-21.
- ↑ "22-Year-Old Yubo Ruan Built 8 Decimal Capital to Advance the World of Blockchain Technology with a $60 Million AUM VC Fund". The Los Angeles Post. 17 October 2018. Archived from the original on 29 March 2020. Retrieved October 17, 2018.
- ↑ "Fintech startup SendFriend nabs $1.7 million from fresh capital". Tech in Asia. Archived from the original on February 15, 2019. Retrieved Feb 14, 2019.
- 1 2 "Stanford Dropout to $500 Million Business: How Yubo Ruan Built Parallel Finance". 2023-12-22. Archived from the original on 2024-12-28. Retrieved 2024-12-28.
- ↑ "Beijing middle school student Yubo Ruan invented smart piggy bank" (PDF). Ta Kung Pao. Archived (PDF) from the original on 2019-10-31. Retrieved 2014-12-04.
- ↑ "中国高中生发明智能存钱罐 引美国科技业者关注". People's Daily. Retrieved Dec 3, 2014.[permanent dead link]
- ↑ "2014 Zhuma Campus Innovation Marathon Event Ends". Communist Youth League of China. Archived from the original on October 29, 2019. Retrieved Jul 30, 2014.