ArkStream Founding Partner: I had discussed investment with Li Bojie, but later found his contract to be very unprofessional, and he hadn't even figured out how to unlock it.
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Du Jun: Metagent founder Li Bojie refuses to fulfill investment agreement and has gone missing.
According to Odaily Odaily, Du Jun, co-founder of ABCDE Capital, wrote that Li Bojie, founder of Metagent, is "the founder with the least sense of contractual obligation" he has ever worked with. Du Jun stated that Li Bojie founded Metagent in 2024 and received investment from ABCDE Capital, but subsequently refused to fulfill the basic obligations stipulated in the investment agreement, including updating investors on business progress and financial status, and later even disappeared. Du Jun said that venture capitalists can accept project failures, but cannot accept fraudulent behavior such as founders "running away" after receiving investment.
Huawei's "genius youth" Li Bojie responds to Du Jun's accusations: Investment funds not fully received, resignation approved by the board of directors.
According to Odaily Odaily, Du Jun, co-founder of Web3 venture capital firm ABCDE, previously publicly accused Li Bojie of lacking a sense of contract and sued Li Bojie and his partner Zhuang Siyuan for refusing to fulfill their contractual obligations to synchronize financial and business progress after receiving investment from ABCDE during the founding of Metagent in 2024, and subsequently disappearing without a trace. In response, Li Bojie stated, "The investment agreement stipulated that ABCDE Capital would invest $1.5 million, but only $500,000 was actually received, with the remaining $1 million still outstanding. The company's cap table still records the institution's equity based on a $1.5 million share. Due to the delayed investment, he and his co-founders voluntarily reduced their salaries, and the company faced difficulties in recruitment and R&D. In October 2024, due to personal family reasons preventing him from leaving mainland China, and because Web3 projects were non-compliant, he resigned from Metagent, with board approval. He stated that until his departure, as CTO and co-founder, he had consistently fulfilled his responsibilities by disclosing the cap table and business status on time, and in accordance with the non-compete clause in the agreement, his subsequent entrepreneurial projects intentionally avoided areas such as Web3, AI infrastructure, and image generation."
Li Bojie responded to the Metagent investment dispute, stating that ABCDE Capital only received $500,000.
On July 7th, PANews reported that Li Bojie, co-founder and former CTO of Metagent, responded to accusations from Du Jun, a partner at ABCDE Capital. Li stated that of the $1.5 million stipulated in the investment agreement, only $500,000 had been received, with the remaining $1 million unpaid. However, the cap table still calculated ABCDE's equity based on $1.5 million. Li Bojie stated that due to the prolonged delay in funding, he and his co-founders voluntarily took pay cuts, hindering the company's recruitment and R&D. He resigned in October 2024 due to family reasons and Web3 compliance issues in mainland China. Before leaving, he disclosed the cap table and business progress as required, and stated that subsequent entrepreneurial projects avoided areas related to non-compete clauses, such as Web3, AI infrastructure, and image generation.
After criticizing DeepSeek for disrespectful interviewing practices, Huawei's "genius youth" Li Bojie is accused by a former investor of "taking money and disappearing."
According to Beating's monitoring, Li Bojie, one of Huawei's first batch of "genius teenagers," complained about his DeepSeek interview experience on social media, claiming that he was accused of cheating during a coding interview and therefore terminated the interview on the spot. This complaint quickly sparked a new controversy, with former investor and co-founder of Web3 venture capital firm ABCDE, Du Jun, publicly accusing Li Bojie of "lacking a sense of contract." Du Jun alleges that Li Bojie and his partner Zhuang Siyuan, after receiving investment from ABCDE to found Metagent in 2024, refused to fulfill their contractual obligations to synchronize financial and business progress, and subsequently disappeared. Du Jun stated that he can accept various project failures, but cannot accept the fraudulent behavior of founders taking the money and running away. Li Bojie resigned from Huawei in 2023 and co-founded Logenic AI (later renamed Pine AI), and has not yet responded to these allegations.
Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a wave of new partnerships.
Former Hack VC partner Hsin-Ju Chuang found dead at 37
The crypto executive and Dystopia Labs founder previously held senior roles at Stellar and Solana before joining venture capital firm Hack VC.