25-year-old genius programmer founded Parallel Finance, valued at $250 million

Ruan Yubo, a genius programmer born in 1996, has shown extraordinary programming talent since childhood. He taught himself computer programming at the age of 6 and had already won multiple technology invention awards and patents during his middle school years, including the first prize in the Microsoft Imagine Cup and the championship at the Nuremberg Inventors' Competition in Germany.

At the age of 17, Ruan Yubo founded his first company, focusing on the development of financial education hardware for children. He then continued his studies in the United States, attending Boston University, the University of Pennsylvania, and Stanford University, majoring in subjects such as computer science and financial economics.

In 2017, 21-year-old Ruan Yubo established the investment firm Bawen Capital in Silicon Valley, focusing on venture capital in the field of cutting-edge technology. The fund manages over 60 million USD and has been recognized as one of the top ten blockchain investment funds in the industry.

However, Ruan Yubo's entrepreneurial journey did not stop there. In 2021, he founded Parallel Finance, a DeFi parachain project built on the Polkadot ecosystem. Polkadot is considered a major competitor to Ethereum, founded by former Ethereum co-founder Gavin Wood.

Founded just 7 months ago, Parallel Finance has secured strategic financing led by a well-known investment institution, with a post-investment valuation reaching $250 million. This achievement has garnered widespread attention in the industry, as investors are optimistic about the platform built by Ruan Yubo and his team in a short period of time, believing it has the potential to promote DeFi to a broader user base.

Ruan Yubo is full of confidence in the future of blockchain technology. He believes that blockchain will become the next generation of the internet and may even bring about a scale of social collaboration larger than that of the internet. He predicts that in the next ten years, most companies will exist in a decentralized form or build applications on blockchain networks.

Regarding the development prospects of blockchain, Ruan Yubo pointed out that it is currently mainly limited by regulatory and technological aspects. He expects this process may take 5 to 10 years, with the financial industry being the first to be affected. With technological advancements, other internet industries such as O2O, social networks, and shared mobility will also combine with blockchain.

Since starting his business at the age of 17, Ruan Yubo has faced immense pressure while achieving success. He admits that he has thought about giving up, especially during his initial entrepreneurial phase. In addition to technical challenges, he also had to deal with company management and operational issues. However, after years of hard work, he now fully enjoys the process and derives great satisfaction from it.

Ruan Yubo stated that his idol during high school was Steve Jobs, who inspired his entrepreneurial ideas. He really likes the book "Steve Jobs: A Biography" and believes it has had a profound impact on his worldview, making him aspire to become an entrepreneur.

In the future, this young and accomplished entrepreneur will continue to explore the fields of entrepreneurship, investment, and technology, believing that he will bring more innovations and breakthroughs to the blockchain and DeFi industries.