Pump.fun Lianchuang: Success only after nine failed entrepreneurship, Coinbase is not a truly successful company

Odaily Planet Daily News According to an interview video released by Delphi Digital, Pump.fun co-founder Noah (@sapijiju) said that the team had experienced as many as nine failed attempts before successfully launching Pump.fun, including NFT launch platform, NFT AMM, creator financing tokenization, auditor sharing mechanism, and FriendTech fork project, all of which were unsuccessful. Due to the lack of large-scale financing, the team could only rely on a few angel investors to seize market opportunities until the ninth attempt. He also noted that the design of Pump.fun actually incorporates elements of previously failed products. At the same time, Noah criticized the current crypto industry for lacking truly successful companies and bluntly stated that Coinbase is a "failed company", believing that its founder Brian Armstrong's contribution is only to commercialize Bitcoin wallets.