Binance founder Changpeng Zhao (CZ) emphasized the importance of startups for young entrepreneurs during an interview on October 11, 2025. CZ stated that real opportunities lie within startups and advised young people to join early-stage teams to gain experience and eventually lead their own ventures. However, he cautioned that this path is high-risk, and inexperienced entrepreneurs may face significant challenges. CZ recommended having a backup plan to ensure stability if initial efforts fail.