According to BlockBeats, Andrew Kang, co-founder and partner of crypto venture capital firm Mechanism Capital, said that in 2018 he had an investment portfolio worth $50,000. By mid-2021, he had developed this portfolio to a level comparable to that of many well-known cryptocurrency funds in the field without taking in any external funds. He discovered S-level teams with excellent product potential early, accumulated most of the ownership of projects through the public market, and grew them into 100 times or even 1,000 times of liquidity investment through firm support. He has been with many such projects, whose market value has grown from less than $50 million to more than $2 billion, and some have even reached more than $5 billion, including Thorchain, Pancakeswap, Frax Finance, etc.