Made a last min trip to KL for an important meeting (very fruitful). Closed 2 deals while traveling. Unfortunately, I cannot say what it is here yet but I am very excited! Still have 2 pending transactions, one looks like will have to close next week (during CNY) and one will definitely be after CNY. […]
Tag: investment
The End of Wall Street’s Bloom
Stuck with day-to-day fire fighting, I finally got around to read the excellent article by Michael Lewis. It is a wonderful article of how the whole financial sector breakdown, to the world we have today, in simple terms of how CDO and CDS adds to the mess we are in. (I understand CDO, but I […]
Deal Flow Is Dead, Long Live Thesis Driven Investing
This flow-centric business model made a tremendous amount of sense when the venture industry was relatively small and immature. Back then, there were only a handful of competitors and funds were relatively modest in size. For example, in 1980 there were only 183 venture capital firms and each firm had an average of only $41.6M […]