TechFlow reports, on July 7, in response to public accusations by Huobi and ChainUP co-founder and Vernal Capital founder Du Jun, Metagent co-founder and former CTO Li Bojie (@bojie_li) issued a response.
Li Bojie stated that ABCDE Capital promised to invest $1.5 million in the investment agreement, but only $500,000 was actually received, and the remaining $1 million was never received, yet the company's cap table always recorded their equity based on the $1.5 million amount. Affected by this, he and the co-founder voluntarily reduced their salaries, and the company's recruitment and R&D also fell into difficulties.
In October 2024, Li Bojie officially resigned with board approval, citing personal family reasons preventing him from leaving mainland China and compliance risks associated with Web3 projects. He stated that during his tenure, he always fulfilled the responsibility of disclosing the cap table and business status on schedule, and after resigning, he also complied with non-compete clauses, voluntarily avoiding startup projects in fields such as Web3, AI infra, and image generation.
Previously, Du Jun publicly posted stating that Li Bojie was the 'founder with the least sense of contract' he had ever cooperated with, accusing him of refusing to fulfill basic obligations agreed upon in the investment agreement, including refusing to sync business progress and financial status to investors, and subsequently losing contact directly.
