Why did the founder of Hyperliquid refuse any VC? This video is sourced from Colin Wu's interview with Hyperliquid founder Jeff Yan on his podcast. Please do not reproduce it casually; infringement will be pursued. Jeff stated that the project has relied entirely on self-funding from the beginning and was not created for profit. He believes that what matters more is creating things of value for the world. In his view, traditional VC funding often creates an "illusion of progress" by continuously inflating valuations, while true progress is when users can derive value from the product. Hyperliquid's vision is to encourage people to understand and use finance in new ways, making the community, rather than capital, the beneficiary, which is the biggest difference between Hyperliquid and other platforms. Video source: