Thoughts on Internet Entrepreneurship & Investing

Thoughts on startup scene in South East Asia. While effort is made to be accurate in terms of numbers, i may sometimes get the data wrong. My purpose is to share what i know and what i have learned over the past 23 years. Feel free to leave comments or to email me. And if you are keen to learn more about Angel Investing pls visit https://www.angelcentral.co/investors/membership

Sunday, November 6, 2022

Back to the 2000s for startup valuations?

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Have been watching and analyzing the public tech markets and broader markets for the year. Like everyone else, I have been taken by surprise...
Thursday, June 23, 2022

Recent angel investment exit during market crash

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We recently exited one of our earliest angel investments in an animation company. Return was about 11-12% IRR over a period of 10 years. On ...
Wednesday, April 27, 2022

How will the current stock market rerating affect our startup scene?

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A fellow angel asked us the above question. Ning and i discuss this a fair bit as we have both public and startup equity. I actually summari...
Wednesday, January 26, 2022

Thoughts about SEA limited (& other plunging listed tech stocks) and implication on tech startups

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Was discussing SE today with Shao-Ning Huang. We were lucky to spot it in 2017/8, and bought our usual bite. The position quickly grew to be...
Saturday, January 8, 2022

Startup Portfolio Report for 2021 - Liquidity trumps covid

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2021 has turned out to be a banner year in spite of Covid. As I mentioned in my life review of 2021 , Covid has resulted in greater inequali...
Thursday, January 6, 2022

Purposeful Life - 2021 in review

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I had hoped that 2021 would be a year where life got back more to normal. But instead it just felt like a re-run of 2020 . Quite tough year ...
Tuesday, April 13, 2021

Lessons from a $1+M write down of a startup investment

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Frequent readers, friends who know us or fellow members of AngelCentral will know that Shao Ning & I are careful risk takers. We are del...
Tuesday, February 9, 2021

Temasek under new CEO.

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 Temasek is getting a new leader to help grow our SG champions and invest strategically worldwide on the PE side. Let’s hope the new Mgmt sh...
Tuesday, January 19, 2021

Startup Portfolio Report for 2020 - Impact of COVID

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It has been a good 5 years since we started being a whole lot more active on angel investing. We now have now invested in 35 startups in our...
Thursday, January 14, 2021

Purposeful Life - 2020 in Review

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This year was a tough year due to many many adjustments for COVID. But in terms of purpose and the philosophical breakthrough i had in 2019...
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