PE Class Notes – July 2019

Hey. Here are the final paper instructions. PE Investment Committee – Final Paper Outline – 2019 Here examples of good papers. Group 19.great.use as example.public PayPal Holdings Inc_.excellent example-pages.public Here are the class notes. I will upload as we go along. Class 1. PE Investment Committee_1_07.19.public Class 2. PE Investment Committee_2_07.19.public Class 3. PE Investment […]

My 10 Favorite Business Books (Video) – pt 2 of 2

This is Part 2 of my favorite business books. Plus some fun stuff from around Rio de Janeiro. Youtube link is here. Part 1 is here. —— I write and speak about digital China and Asia’s latest tech trends. Music is Longing by Joakim Karud http://youtube.com/joakimkarud    

I Applied Warren Buffett’s 25-5 Rule to My Career – And It Totally Worked (Video)

Hey. I applied Warren Buffett’s 25-5 rule to my career and it made all the difference. Here’s some on that. And some fun stuff from around Peking University. Here is link for Youtube. And for those in China at Tencent Video. Music is Boost by Joakim Karud http://youtube.com/joakimkarud —– I write and speak about digital […]

From Didi to Mobike to Luckin: How Money and Hype Are Distorting Digital China

Digital China has arrived. It has unicorns, huge market opportunities and a pervasive cultural impact. Everything is now at world-class scale. Unfortunately, the distorting impact of hot money and hype has also scaled up. And this appears to be increasing. Ride-sharing was the first big escalation in venture-type behavior. In 2015-16, in both China and […]

How Tsingtao, CR Snow and the Other Beer SOEs Won Big in China (Pt 1 of 2)

The Chinese beer market looks similar to beer markets in the rest of the world – mostly regional markets mostly dominated by a few giant beer companies. But take a look at the below chart from 2013. You’ll note that China evolved with one big difference with the rest of the world: The dominating beer […]

How Tsingtao, CR Snow and the Other Beer SOEs Won Big in China (Pt 2 of 2)

In Part 1, I asked how Chinese State-owned beer companies won in a business with no real government interests. That’s an unusual outcome and I wanted to figure out how it happened. My explanation is that Chinese beer SOEs won mostly by being early to market and by being better at acquiring small, legacy State-owned […]

Private Equity Investment Committee Course: Lectures 1-4

Before class, please watch the below videos and complete the questions. Class 1A: Introduction and 9 Questions Video Watch 1A below, on Youtube or on Tencent Video Class 1B: Competitive Advantage Video (3 Parts) Watch 1B1 below, on Youtube or on Tencent Video Watch 1B2 below, on Youtube or on Tencent Video Watch 1B3 below, […]

How Alibaba.com Is Turning SMEs into Multinationals (Pt 2 of 2)

In Part 1, I argued that Alibaba.com is attempting to both digitize and democratize global trade – and to dramatically expand it from large companies to small and medium enterprises (SMEs). That’s a pretty big idea. And in Part 1, I laid out a bit of the theory behind this. But let me get back […]