According to online reports, according to an interview video with Delphi Digital, Pump.fun co-founder Noah (@sapijiju) said when sharing his entrepreneurial experience that the team had experienced eight or nine failed attempts before successfully launching Pump Fun. Noah revealed that the team had tried multiple projects before, including NFT launch platform, NFT automated market maker (AMM), content creator financing tokenization model, cryptographic auditor revenue sharing mechanism, and forked FriendTech and other projects, but they all ended in failure. Due to the lack of large financing support, the team could only rely on the funding of a small number of angel investors to continue to try. "It wasn't until the ninth time that we successfully 'hit' the market with Pump," the co-founder said. He pointed out that Pump Fun is actually the result of integrating elements from all past failed products. In addition, the co-founder expressed criticism of the current state of the crypto industry, believing that there is no truly successful crypto company, and called Coinbase a failed company, believing that its founder Brian Armstrong's contribution was only to commercialize the Bitcoin wallet.