Echelon 2010 is pan-Asia's biggest technology conference for startups and investors. Big VC's like Plug & Play ,Catapult Ventures, and Gambit are speaking. I hope hear their insights into Singapore as Asia's Silicon Valley and their ideas on scaling startups in this region. Ideas on scaling startups in this region are particularly interesting as we don't have a huge homogeneous (or tech-savvy) market like in USA.
I'm really pumped up to attend- although it would be a tightly budgeted trip ( I'm staying in a SGD 18/night place, in Geylang - really). And here I was thinking my backpacking days were over..
My good friend from high school will also be in Singapore on holiday. This would be our second overseas sight-seeing experience! Double Pumped! Now if only Singapore has temperatures below 20C..
Oh. Interesting things that happened since my last post :
- Lost my angel investment's business cards - now I struggle to contact them. I left my whole box in a mamak in Damansara Perdana, and they couldn't find it. Honestly, my stack of business cards has no resale value! Why steal? But if I start getting calls for insurance/credit cards/hookers, it'll all make sense.
- Wrote my first Investment Memo to be used in the investment committee. I'm feeling rather proud. It's as if I closed 25% of the deal.
- Found out online payment solutions in Malaysia has to be way less annoying (esp. in Bus Companies)
- Learned that floating valuations and harsh terms (particularly in anti-dilution) are very common. This deserves a blog post all on its own. The gist of it is: its somewhat justifiable given how deals are done in Malaysia.
- Beta works one way with small cap stocks. It correlates to the market by taking the stock down, but never back up. I propose this amendment to the CAPM :
- Re = rf + b1(rm-rf) , only if rm < 0 when Market Cap < 200m
- Profit!
Happy Wesak Weekend!
No comments:
Post a Comment