今天，我与NGC董事总经理蔡彦讨论了她最近在《DeFi 估值之差异》一文中提出的思维框架，并将一些实例，例如MPH88，SUSHI和ALPHA，放在该框架中进行了探讨。我们还谈到了最近的COVER事件。 蔡彦分享了一些她喜欢在评估和项目时看待的指标，并解释了她自己的投资策略和风格。总的来说这期播客非常有趣，我很享受这个聊天！ Today I sat down with Yan Cai, Managing Director at NGC. We discussed the valuation framework that she proposed in an article recently, and fitted a few examples, such as MPH88, SUSHI, and ALPHA, in the framework. We also talked about the recent incident of COVER. Yan shared a few metrics she liked to look at when evaluating and project, and explained her investment strategy and style. Over all it was a very fun chat - I enjoyed it a lot!