In my latest podcast, I teed up the idea that the State is not just a source of risk or uncertainty in China. It can also create tremendous economic value in companies. I referred to it as the “mother of all catalysts”. How to Profit from Politics in China Tech (Asia Tech Strategy – Podcast […]
Category Archives: Valuation (Question 3)
An Introduction to Coupang, the “Mini-JD of South Korea (Circa 2015)” (Asia Tech Strategy – Daily Update)
The latest big tech IPO out of Asia is Coupang, a likely $50B listing called the “Amazon of South Korea”. More on that annoying phrase in a moment. But first, let’s take a moment to be thankful for being in the Asia tech space. It’s just awesome. It’s just one cool company after another. Last […]
Why Revenue Scale and Operating Leverage Are Different for Software vs. AI. (Tech Strategy – Podcast 69)
In this podcast, Jeffrey Towson discusses how revenue scale and operating leverage differ for software and AI companies. He argues that software companies can achieve economies of scale more easily than AI companies, which can lead to higher profit margins. Towson also discusses the importance of data and talent for AI companies, and how these factors can affect their ability to scale.
Is Alibaba or Another Chinese Company Going to Buy Farfetch? (Asia Tech Strategy – Daily Update)
Luxury marketplace platform Farfetch has had a long courtship with JD, Alibaba and Chinese consumers. In the next update, I’ll go into my thoughts on Farfetch as a stand-alone company (basically, not good). But the more interesting questions for investors are: Is Farfetch going to get bought? What is the private market value to Chinese […]