In a February 2021 podcast, Three Arrows Capital co-founder Zhu Su stressed the importance of risk management, cautioning investors against being "blown out" in a supercycle. He suggested that Bitcoin could reach a valuation of $50 trillion to $100 trillion, equating to $2.5 million per coin, and advised against market timing. Ironically, shortly after this advice, Three Arrows Capital collapsed, leaving $3.5 billion in debt. Zhu Su's subsequent imprisonment highlights the critical lessons in risk management from this period.