We are unsure when the Financial Times became the Enquirer but we would like to believe that there are more important things to report on when it comes to the state of financial innovation than the personal lives of our company’s executives who are private citizens and principals at private companies. They are key members of the team working mostly behind the scenes to operate and grow the business. Like many other successful entrepreneurs who have come before them, they have led several smaller businesses before ultimately building companies in a brand new industry. They are now at the forefront of an ecosystem that many observers have described as the second coming of the internet.
The recent Financial Times story highlights the challenges of doing business in China, and despite this, JL was able to build positive relationships with his business constituents. This only further demonstrates the character and dedication of our company’s executives to problem solving and their ability to navigate through complex situations and environments.
As entrepreneurs who have ventured into different endeavors throughout the decades, it saddens them to see this genre of journalism taking over at the Financial Times. It is detrimental to the growth of a booming industry and serves as a distraction from the bigger problem that publications like the Financial Times are grappling with: how a legacy publication can best serve a readership that’s stuck in a prehistoric era.
Rather than taking the effort to truly learn and understand the significance of blockchain technology and the Web3 revolution, reporters such as the ones who penned this article for the Financial Times have chosen to go down the road of tabloid journalism to sustain readership for the once well-respected publication house.