Plus League
I want to first talk about why I love basketball and why all of us love basketball, whether playing it or watching people play.
I think beyond the team work, the leadership, the athleticism, I think it touches upon us something deeper.
And that is that people are equal and on the basketball court, and this game allows for us to be equal on the court.
It doesn’t matter if you’re aboriginal or if you’re local, it doesn’t matter if you’re rich or poor.
If you have a pair of sneakers you can go out and compete.
Work to get better, and understand your place within the context of team.
And so much of basketball teaches us about life. The game of life. How life works.
Show me how a person plays the game of basketball, and I’ll show you how they live, how they negotiate at work, and how they treat people, their friends and their family.
But today is about plus league and my friend and brother blackie.
My background is in venture capital. I primarily invest in Silicon Valley. And previously I was in HK working for Lee Kai Shing and his venture capital fund.
I got the chance to meet the best entrepreneurs in the world, including the founders of zoom which Horizons invested in back in 2015 I believe.
Blackie often jokes among us that he is from 體育班
He’s sort of making fun of himself as someone who is not good with books or academics, something Taiwan culture puts a huge premium on.
But in venture capital, in innovation and entrepreneurship, we talk a lot about what makes someone successful. often it’s not what university they went to.
There are so many difficulties in life to do something big and great, that the tests and university context doesn’t prepare you for.
what I’ve seen blackie do, is that he has the wisdom from the streets. He knows how to work with the corporate, the government, and also just the kid off the street with no background that just wants to play basketball and even the hater that continues to attack him on social media.
The other thing people ask me about what i see in an entrepreneur when i make a decision about investing or not, is what i call the persistence index.
I look at entrepreneur when they’re pitching this dream they have. And i ask myself, at what point, when the shit hits the fan, will this person give up.
I see blackie and the conviction in his eyes and the difficulties he faced in life. And i say to myself, I’m scared for whoever is trying to stop him because this guy will never give up.
This line 二十年磨一劍 means he’s worked for the past 20 years to do this.
I think all of us here that invested. Chris wang, sold his company to disney. Jameson, sold his company to facebook. Steve, who is not here, sold his company to google. Kai, sold his company to Activision all get really excited when we meet an entrepreneur that can execute, that has deep domain knowledge, and finally, has the opportunity to go beyond Taiwan.
Taiwan has so many things to share to this world. And watching blackie how he works with people from corporate, to government, and also through his experience at ABL able to work with people from other countries, show how much of a team player he is on both the basketball court and also in the game of life.
I’m excited to be a part of this journey. I think there will be many difficulties ahead. But Blackie has this cross tattooed on his leg, which means he’s ready for a lot of suffering and challenges ahead. And while he faces these challenges ahead, I’ll be right there with him on this road.
Thank you. Phil Chen P.League+ #是時候了
「what is corporate venture capital」的推薦目錄:
what is corporate venture capital 在 Anchor Taiwan Facebook 的最讚貼文
【 Be part of the solution | #以大帶小 #威朋創投 】
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Remember Vpon, the big data startup that bagged $40m Series C last month? They just launched an evergreen fund for the big data ecosystem! 📣🥳
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"US$10 million is not a big number, and #Vpon is not a big company. Even so, we are willing to run a corporate venture capital fund. We hope that Taiwan's five tech powerhouses (#電子五哥), banks, or other well-known startups such as Appier and KKday can follow suit, co-creating a startup ecosystem," Victor Wu, CEO of Vpon, said.
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What an exciting kick-off. Kudos to co-creation!
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📍 Bring the World to Taiwan
🎯 Tech x Culture x Venture
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#corporateventuring #cvc #corporateinnovation
what is corporate venture capital 在 ลงทุนแมน Facebook 的最讚貼文
ข่าวประชาสัมพันธ์..
แสนสิริ เสนอขายหุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ ดอกเบี้ย 5 ปีแรก 8.50% ต่อปี
บริษัท แสนสิริ จำกัด (มหาชน) หรือ SIRI มีแผนเสนอขาย Subordinated Perpetual Bond หรือ หุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ โดยการเสนอขายหุ้นกู้ด้อยสิทธิที่มีลักษณะคล้ายทุนฯ ครั้งนี้ เป็นการวางแผนด้านการเงินเพื่อรองรับการเติบโตในระยะยาวของบริษัท เพื่อให้เป็นไปตามเป้าหมายของการรักษาความเป็นเบอร์หนึ่งในเรื่อง “แบรนด์อันดับหนึ่งของคนอยากมีบ้านในวงการอสังหาริมทรัพย์ไทย” อย่างต่อเนื่...
Continue ReadingPress Release..
Sansiri offers to sell inferior loan shares with similarities. Interest 5 first 8.50 % per year.
Sansiri Public Company Limited or SIRI has a plan to offer Subordinated Perpetual Bond or Unintelligible Equity Equity by proposing to sell inferior equity equity with similarities. This is a financial planning to support the long-term growth of the company. To meet the goal of maintaining the number one in ′′ the number one brand of people who want to have a house in Thai real estate industry ′′ and maintaining a stable business growth.
Offer to the average investor worth not more than 3,000 million baht. Minimum booking of 100,000 baht and multiply 100,000 baht per time. Interest rate in the first 5 years equals 8.50 % per year. Pay interest every 3 months.
Sansiri is the leading real estate company in Thailand. It has been in business for more than 36 years. There is a project in Bangkok (90 %) and other provinces (10 %) covering all groups of single, townhouse and condominium. Niams include the price level that drilled Mass Market group from 1.2 million baht to Luxury items that drill high-income groups, including joint venture for condominium projects with big business groups such as venture. With BTS group and Tokyu Corporation from Japan
As Sansiri has a comprehensive project, all products help to diversify risks of companies. For example, if any cartel or product level is affected by the economy or popularity, companies are capable of having products that respond to a product or a price level of product. Another product group has made it not to lean on the income from the product or one customer group.
In addition to the main income from property development, the company also has income from other businesses to distribute risks.
1. Project management income and representative in buying, selling and renting through the company. Plus Property Company.
2. In 2017, the company expanded its business to foreign countries by acquisition of Hotel Chain named The Standard with hotels under international management such as New York, LA and London.
3. Investing in technology businesses through the Corporate Venture Capital of a company called SIRI Ventures to find investment opportunities in new technologies around the world.
Income and profit of Sansiri
Year 2017 Income 31,757 million baht. Profit 2,824 million baht.
Year 2018 Income 27,146 million baht. Profit 2,046 million baht.
Year 2019 Income 26,291 million baht. Profit 2,392 million baht.
Sansiri's results may be going up and down each year, depending on the delivery of the project each year.
In addition, the past investment started to make some profits to Sansiri for the first quarter of this year. The company recorded the profit of Co-working Space shares called JustCo by record profit of over 700 million Baht.
What is the plan for future Sansiri growth?
Sansiri has announced its goal to be 1th in the Plains (House and Townhome) project, which proceeds from Plains are relatively stable in comparison with condominium project to help fluctuate income. Less in the future
Including Expansion of The Standard Hotel and International Investments to continually expand the revenue base and distribute the company's risks.
In addition, Sansiri has a plan to push sales to grow to 120,000 million Baht within 3 years with strong proactive business plan. 3 ways include:
1. Plans to launch a new project that is tightly transformed to any situation. In half a year after assessment of scenarios, Sansiri has a business plan to move forward to launch 14 new residential projects to support 14 single houses. 6 Townhome and mix project 6 more projects worth 15,200 million baht, including 2 condominium launch plan. Total value of 2,500 million baht.
2. Good stock management. Now Sansiri has ready-to-sell products worth around 7,000 million baht, which is a balanced amount in the market.
3. Strong cash flow management and good liquidity allocated Cash Flow. The company's turnover is up to 10,000 million Baht. It's ready to run the business and is strong in every Council. The company has also scaled the 2563 sales target. Increased to 35,000 million baht, up to 76 % from the last year with total sales of 21,000 million Baht. Due to the result of the business just 5 months ago, it generated sales of over 22,000 million Baht. Growing to 168 % from the same period of the year before
For Sansiri's underlying loan, Sansiri will be reserved between 22-25 June 2563 The company's credibility ranks at BBB +/ Negative and the trust of the loan. At BBB-Ranked by Tris Rating on April 1, 2563
Important terms of inferior loan. The right that resembles the capital comprises.
1. The age of the stock loan is the loan. This time is the loan. No age of the shareholder has no right to give the loan to redeem the lender before the due to redemption. But the lender has the right to redeem 5 years.
2. How to get a refund. If the company finishes the business, this loan will have a decrease in debt after the general creditor, but before the ordinary shareholder.
3. The loan issuer has the right to postpone the interest. This loan, the loan shark can delay the interest by flattering to pay any day. No time and number of times. But if delayed the interest of the loan, the lender will be paid. Cannot announce or pay dividends to shareholders.
4. Interest rates will be fined every 5 years based on 5 years of government bond yield.
Interested people can ask for more information from 6 top financial institutions:
Bangkok Bank. Call 1333
Krungthai Bank. Call 0-2111-111
Kasikorn Bank. Call 0-2888-8888 Press 819
Siam Commercial Bank. Call 0-2777-6784
CIMB Thai Bank. Call 0-2626-7777
And the Bor. Finn cuddle p.m. Cyrus call 0-2658-9500
Or www.sansiri.com; call. 1685
Or more details can be found from the listing, bidding, and prospectus at www.sec.or.th
< Important Warning >
1. Understands of the right to resemble capital. High risk product. Investors should study and understand the product characteristics, conditions, returns and risks before making investment decision. Investment is risky. Please complete the information before making investment decision. Investors can be able to. Discover details from the listing and draft of prospectus at www.sec.or.th
2. Bond market in Thailand has low liquidity. Selling instruments in secondary market could be reduced or increased by depending on market conditions and demand.
Top 3. credibility of a regulator is just an investment decision-making data. Not an introduction of trading on a proposed bond and not a guarantee of the ability to pay the debt of an instrument and when the loan issuer stops paying interest. (In case the company is not informed. Postpone the interest of loan) or early money is default to pay the loan debt (default). If the loan issuer declares bankruptcy or defaults to pay the debt, the shareholders, and other creditors of the company, the loan will have the right north. Common shareholder of the company, issuer in the assessment of the credit risk of lenders, investors can see the results of the credibility ratings of the lenders or lenders (credit rating) provided by institutions. Risk rankings, making investment decisions if credit. Rating of low borrower or lender shows that credit risk of lenders or lenders is high. Returns of investors should be high to compensate for the high risk of lenders.Translated
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