[CZ Talks Investment Logic: Investing is Also Investing in People, Easier to Spot 'The Next Binance' in a Bear Market] Odaily Planet Daily News: During today's AMA, CZ responded to how many VCs missed the opportunity to invest in Binance back in the day and how Binance's current investments aim to avoid missing 'the next Binance.' CZ stated that it is extremely difficult to evaluate a project itself—it can be about investing in the project or investing in people. He prefers founders with a strong sense of mission and also favors investing during bear markets because it shows that founders are committed to staying in the space and continuing to build.