What does a world mindset appear to be in a world the place most of us now not journey? And what does it imply to be native when everyone seems to be linked?
Those are the primary questions we had in thoughts after we learn GGV Capital’s Twitter bio, which asserts that the investing store with workplaces in 5 cities is a “world enterprise capital agency that invests in native founders.”
Certainly, a few of its investments are removed from residence, together with Khatabook (based mostly in Bangalore), Keep (Beijing), Coder, (Austin) and Slice (New York City). And these are simply GGV offers from the previous few months.
But what constitutes an area funding in a world the place, till lately, no deal was greater than a airplane trip or two away? Hans Tung and Jeff Richards, managing companions at GGV Capital, are swinging by Extra Crunch Live subsequent week, and we’re going to dive into the above to determine it out.
Of course, we’ll additionally ask vital, founder-focused questions on their present investing tempo, examine sizes and the way they’re adapting to the COVID-19 period. But after that, there’s quite a lot of work to do.
We’ll name on Tung to share a few of what he’s discovered from his time investing in China’s tech panorama, with a particular concentrate on what he sees sooner or later that may show encouraging. The different GGV companion becoming a member of, Richards, additionally has worldwide expertise working in Asia and Latin America, so the dialog ought to be fascinating.
In February, the agency printed a mom-and-pop store funding thesis. GGV Capital desires to spend money on startups that assist small retailers digitize operations and work with higher provide chains. It can be fascinated with startups that wish to set up logistic and on-line cost infrastructure. (Surely Shopify can’t be this complete market, proper?)
The thesis hinges on client purchasing habits and retailers open for enterprise, so we’ll see how Tung and Richards are altering their urge for food, or additional shaping it.
Details are beneath for Extra Crunch subscribers; should you want a cross, get an inexpensive trial right here.
Chat with you all in every week!
When, the place, Zoom
- Thursday, June 4
- 12:30 p.m. PDT/3:30 p.m. EDT/7:30 p.m. GMT
- Add this occasion to your calendar