CZ discusses his investment philosophy: Investing is also about investing in people; bear markets make it easier to find the "next Binance."

In today's AMA, CZ addressed the issue of many VCs missing out on Binance's investments in the past, and how Binance can avoid missing out on "the next Binance" in its current investments. CZ stated that projects are very difficult to judge, and investments can be made on both projects and people. He prefers founders with a sense of mission and also prefers to invest during bear markets because he knows the founders will remain committed and continue to work.