Pretty good – lots to glean from this:
Month: July 2018
How Gokul Rajaram from Square defangs difficult decisions
This is good.
SeedPlus Partner Tiang Lim Foo: 90% of startups don’t prepare, refine and follow up – KrASIA
My Partner at SeedPlus, Tiang, dropping some advice.
Good stuff.
SeedPlus Partner Tiang Lim Foo: 90% of startups don’t prepare, refine and follow up – KrASIA:
Yahoo Co-Founder Jerry Yang Recalls Meeting Alibaba Founder Jack Ma | Fortune
Jerry is such a cool dude.
I will never forget my lucky chance to meet him, filling in for another Yahoo exec who couldn’t attend the meeting, and suddenly finding myself on a Jerry special project. It never went anywhere but I got to have regular meetings with Jerry. That is all that mattered.
Love his honesty about luck as well – so many successful people like to pretend luck is not a factor. Right…
Yahoo Co-Founder Jerry Yang Recalls Meeting Alibaba Founder Jack Ma | Fortune:
“In retrospect, what are the chances” of having Ma assigned as his tour guide, Yang asked. “I’ve always thought of myself as the luckiest person in the world because of the timing of my investment in Alibaba.”
Project Alpha City #2 – Jakarta
Recap of our first city here :: https://seedvc.blog/2018/07/06/project-alpha-city-1-recap/
Next up is Jakarta and super stoked to have this one at GoJek’s HQ.
Sign ups are open – get in there before we are forced to close them.
We will have speakers from GoJek, GoLife and bizzy.
Hope to see you there!
Ten things I learned about venture capital in twenty-four years of trying to do it | LinkedIn
Ten things I learned about venture capital in twenty-four years of trying to do it | LinkedIn
The whole article is good. Hat tip to Chirayu for liking this so I saw it.
When people as me how are things going as a VC I usually answer with #1.
However the whole list is quite spot on.
I don’t think I want to do anything else but ask me in five years how I did.
1. Venture Capital is hard
All investing is hard, because the market, as the investor Ken Fisher says, is the Great Humiliator. Venture capital is harder than most. There are 12MM small businesses in the US with more than one employee but less than one hundred employees. Most will stay small. The venture capital job is to pick from that 12MM companies the rare company that can grow to a 1,000 or even 10,000 employees, go public and remake an industry. Identifying an entrepreneur, an idea and a company with that potential is not an easy task.
A Startup Journey Of Ups And Downs From Fave Co-Founder Chen Chow
So awesome when an event of ours can highlight a founder and kick-off a whole separate thread around a founder and his advice.
Super cool!
A Startup Journey Of Ups And Downs From Fave Co-Founder Chen Chow
Project Alpha City #1 recap
First off – I want to say thanks to all the folks at AWS and SeedPlus that pulled this off. You all know who you are.
Another thanks to our awesome speakers, Chen Chow of Fave, and Emmanuel of iFlix, They were amazing and stuck around to chat with everyone.
KL is done but more cites to come and pitch submissions are open – go here for more :: http://alpha.seedplus.com
We had a great turnout in KL:
Hope to see folks at the next city!
Focus
This post from Fred really smacked me hard :: https://avc.com/2018/07/keeping-your-blinders-on/
Best to read the whole thing for yourself.
In this age of social media it’s always a barrage of seeing whatever everyone else is doing and generally only seeing the good stuff – the stuff that makes you jealous.
In the startup world, when I was a builder, this would happen a bit when I would see another company getting funding or another competitive product doing better than my product.
As a VC, since I have already done more deals than I have shipped products, the pressure feels worse at times. There are tons of deals done per day, there are announcements of deals continuously and there is a feeling that all of them are better than mine.
However, just like social media, I don’t get the details on all the failures, the hardships and the short term pain.
No matter what you do one must focus on the task at hand. Any craft takes time and you have to slog it out day by day.
As Fred says, put your blinders back on and get to work.
Singapore’s Homage, which matches patients and caregivers, raises $4.15M for expansion | TechCrunch
Singapore’s Homage, which matches patients and caregivers, raises $4.15M for expansion | TechCrunch:
The goal of Homage is to make it easier for caregivers and patients to connect, whilst also keeping their families updated.
“We’re realizing how much of a need there is for personalized one-on-one care,” Tee told TechCrunch in an interview. “A lot of what we do is actually non-medical, and it’s even more clear that need to help people be mobile, be functional and have the choice to live with dignity as they age.”
First off let me say congrats to the team and leaders at Homage. Amazing milestone but obviously this is just the beginning. I am super excited for the team and their future.
😀
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