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Tron founder Justin Sun praises Binance’s Changpeng “CZ” in latest comment
“The second lesson I learned from Jack Ma and Changpeng Zhao is to always do the right thing, not the easy thing,” said Justin Sun. In addition, the Tron founder elaborated on the values that Jack Ma taught during his time at Lakeside University. He also noted that Jack Ma emphasized that the ultimate value of a company comes from the value it provides to its users.
“It is critical to do the right thing for users, rather than focusing solely on profit itself,” wrote Son. Furthermore, he emphasized that profit should be a byproduct of the value provided to users, rather than the primary focus. In addition, he also compared his experience with CZ’s entrepreneurial journey.
The Tron CEO observed that a good company earns substantial profits by always prioritizing user value. “A good company earns substantial profits by fundamentally winning user value by consistently doing the right thing,” commented Justin Sun.
Earlier, Son also shared another lesson he learned from Jack Ma and Changpeng Zhao. In addition, he emphasized the importance of protecting users. "When I was studying at Jack Ma's Lakeside University, he repeatedly stressed the importance of protecting users. At Alibaba, users take precedence over investors, partners and employees," Son wrote.
Son has applied this principle to his own business activities. In his 11-year entrepreneurial career, he believes CZ is a model of user priority. "Users should always be put first in all profit distribution," Son said. He admitted that this is not easy to achieve and requires constant reminders.
It has been more than six months since Zhao Changpeng pleaded guilty, and Binance also paid a $4.3 billion settlement to the U.S. Department of Justice. After Zhao Changpeng stepped down as CEO, he waived his right to appeal his sentence of up to 18 months in prison. However, his legal battle with regulators continues to intensify.
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