PANews reported on March 25th that Ella Zhang, head of YZi Labs, stated in an article on the X platform that YZi Labs invests broadly in Web3, AI, and biotechnology, with the majority of investments being in equity rather than token form. For portfolio projects that haven't yet found product-market fit, YZi Labs advises founders to focus on achieving product-market fit rather than rushing to issue tokens, as tokens lacking sustainable utility will eventually lose value, and issuing tokens often becomes a distraction and a burden.