Yi Lihua, founder of Liquid Capital, emphasized that Web3 should be viewed as a financial industry rather than a Web2 product space. In a social media post on April 23, Yi criticized past crypto ventures for misallocating funds towards developing Web3 products that mirrored Web2, leading to failures. He argued that the most successful crypto companies have been financial products like stablecoins and exchanges. Yi highlighted the potential of combining AI with finance, suggesting that this represents a significant opportunity for early-stage investments. He believes that a small team of elite talents, rather than large-scale funding, is sufficient to build successful companies in this evolving landscape.