Michael Arrington Praises Binance CEO, Says ‘Bet On CZ if You Can’ 🚨 This article is 6 years old...
Michael Arrington Praises Binance CEO, Says ‘Bet On CZ if You Can’
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Updated: Nov. 24, 2020 at 3:38 pm UTC
Photo by Sime Basioli on Unsplash
If there were any questions about Changpeng “CZ” Zhao’s leadership abilities, TechCrunch founder and Arrington XRP Capital partner Michael Arrington has put those thoughts to rest, describing Binance’s CEO as the “real f**king deal” in a decidedly unambiguous character appraisal.
Published in a blog post on Arrington XRP Capital’s website, “Binance CEO Changpeng Zhao is the Real Deal” fulfills Arrington’s pledge to write a “long blog post” on the industry “titan.”
I’m going to write a long blog post about @cz_binance this week. I’ve met most of the great business titans of our time. He’s right up there with the best of the best. https://t.co/Whuky9m52O
— Michael Arrington (@arrington) August 18, 2018
Arrington’s post also hints that his digital asset management firm will, in an undisclosed manner, support the recently announced Binance LCX crypto-to-fiat exchange; however, Arrington maintained that the post’s true purpose was to “say a few words about the CEO of Binance,” now that the two have met in the flesh.
Musing on his recent encounter with CZ in Liechtenstein, Arrington appears to recognize star qualities in the Binance founder and chief whip–qualities he identified in some of the world’s most influential business magnates during his tenure at TechCrunch. He wrote:
“Steve Jobs, Eric Schmidt, Larry Page, Jeff Bezos, Bill Gates, Mark Zuckerberg and many others. I don’t know if CZ will reach the same level of success as these other people, but I do think one thing–he’s right up there in that group of titans in terms of personality, drive, charisma, etc.”
With a gentle intimacy, Arrington goes on to peel back the layers of the Chinese executive’s winning attributes, describing him as “thoughtful,” “quiet” and “deeply human.”
Arrington, a former lawyer and 2008 recipient of TIME’s “The World’s 100 Most Influential People” award, may himself appear as a judicial judge of character. The post goes on to cite compatriots’ impressions, most of whom sing the same song according to the California native.
He noted:
“Still, after I tweeted about him people I know started reaching out to me to (mostly) agree. One of those people is David Lee, who formerly ran SV Angel and is currently at Refactor Capital. After meeting CZ he was so impressed he wrote a note to his limited partners.”
Furthermore, Arrington included several of CZ’s aspirations, sourced from David Lee’s notes, including the goal of 1.2 billion Binance users and the revelation that Zhao “doesn’t think we’re in a bear market and nowhere near the bottom.”
As “deeply human” as CZ may be in the eyes of Arrington, he may make for an undefeatable rival. The post concluded:
“Bet on CZ if you can. Don’t bet against him if you can avoid it.”
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Binance
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies.
Arrington XRP Capital
Arrington XRP Capital is a digital asset management firm in blockchain-based capital markets..
Changpeng Zhao, popularly known as “CZ,” is a notable figure in the cryptocurrency world, primarily for founding and leading Binance, the world’s leading cryptocurrency exchange by trading volume.
Michael most recently Co-Founded CrunchFund after leading TechCrunch to a successful exit with AOL.