When I had dinner with the core members of the Manus team in January, I found out that the acquisition had already been completed and delivered in December. Both the team and investors had received the money and were working on asset allocation I also know that a good friend joined Manus last year and was responsible for a sub product before Meta's acquisition As a friend, I am genuinely happy for them and have achieved good results after years of entrepreneurship Unexpectedly, things have become like this now. The Chinese government is demanding the cancellation of this transaction, and the team will face a huge amount of mental energy consumption and tedious affairs to handle. It's overwhelming to think about it, and I hope they can smoothly overcome this hurdle From the first day of Manus' birth, to laying off its domestic team and moving to Singapore, to obtaining Benchmark investment, being acquired by Meta, and now being banned from trading, every step has been the focus and discussion of the entire industry. There is no doubt that this team is excellent. Before launching Manus, their thinking on AI was also very cutting-edge. I was in the office of ZhenFund and listened to Hidecoud's sharing about AI twice We used to be used to building VIE architecture and taking VC money in US dollars. Seeking to go public overseas again, this model has been adopted by companies such as Sina, NetEase, and Alibaba, and is now nearing its end. Without the vitality of USD VC, signing RMB funds with unlimited joint and several liability is another tight spell for entrepreneurs Many aspects of the entire Manus process are worth considering for entrepreneurs. I am not an entrepreneur now, just a small individual entrepreneur who has learned a lot from observing. Crypto is the last completely international small track, and having Bitcoin is our luck.