Yubo Ruan is the Founder of Parallel Finance, a leading multi-chain decentralized finance platform.
A driven entrepreneur, developer, and investor, Yubo founded Parallel Finance in 2021. Prior to that, Yubo was also the founder of 8 Decimal Capital, one of the pioneer blockchain funds with over $60 million AUM. With a track record of 40 startups across 5 countries, the fund was recognized as a top fund in the crypto space. In addition, Yubo co-founded Skylight Investment, an early-stage tech investment firm, backed by education giant New Oriental (NYSE: EDU). Yubo has accepted 13 scientific and technological invention awards and 5 patents in high school and launched and sold Ali Simba Technology Co., Ltd. Yubo received the “30 under 30” award by the LA Post and the Hurun US Innovation Outstanding Award.
Yubo's organizations have been backed by top-tier investors, including Sequoia Capital, Polychain Capital, Peter Thiel’s Founders Fund, and LightSpeed Venture. Parallel Finance is supported by a growing team of talented developers and professionals from organizations including Stanford, MIT, Facebook, Google, JP Morgan, and Polygon.
Yubo is a two-time Stanford University dropout, where he studied Computer Science and Economics. He went on to Wharton at the University of Pennsylvania, where he served as a member of the Executive Education Advanced Finance Program. He dropped out of Stanford in 2014 to pursue 8 Decimal Capital, he dropped out again in 2021 to pursue Parallel Finance. Bilingual in English and Mandarin, Yubo has extensive experience in both the American and Chinese markets.
Links:
https://parallel.fi/
https://twitter.com/ParallelFi
https://twitter.com/Yubo_Ruan
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