As an entrepreneur myself, I can understand the problem of bad debts. Countless CEOs like me around the world are making bad debts. The uncertainty about the future prospects of digital currency, alternative energy, and artificial intelligence can push any entrepreneur to the brink. No wonder the bottom line starts suffering. Here is where I think Chris Hsu’s hedge fund will not leave an entrepreneur on his own.
Make the right decisions
Making bad bets in entrepreneurship is part of the game. But there must be a backup. SpaceX and Spotify found themselves ruling in niche areas of space exploration and music streaming because of the strong backup of Chris Hsu. Christopher Hsu of Hong Kong provided the early-stage funding for these ventures.
Investment strategies
Chris Hsu’s hedge fund implemented innovative investment strategies for growing businesses in Asia-Pacific as the youngest Managing Director of Citadel Investment Group, where he headed the special situations group. Mr. Hsu identified the most promising investment opportunities presented by the rapid growth of Asian capital markets.
Mr. Hsu also launched Abax Global Capital to provide funding for promising entrepreneurs in Asia-Pacific. He launched around two dozen alternative investment products. His achievements were soon spotted by the Morgan Stanley Investment Management division (MSIM). MSIM acquired a minority stake in Abax Global Capital.
Unlock the potential of markets
There is always a positive side to everything, and Chris Hsu’s Hedge Fund will be quick to find it. Mr. Hsu unlocks the potential of markets. He has used his deep knowledge to consolidate China’s internet, technology, and media markets. He owes his tenacious spirit to his passion for marathon running, which he has been doing since the age of 11. He helped Tsinghua Unigroup, an affiliate of Tsinghua University, acquire Spreadtrum Technologies and RDA Microelectronics.
Spreadtrum Technologies was a company committed to independent R&D of core chipsets in mobile communications and IoT. RDA Microelectronics was a leader in designing, developing, and marketing wireless systems-on-chip and radio-frequency semiconductors for cellular, connectivity, and broadcast applications.
Negotiation skills
This fund manager brings with him years of experience in negotiating deals. One of the best examples which can be cited is the HPE acquisition deal. The $US 4.6 billion has put Tsinghua University on the world map. The deal also created an IT powerhouse in China. Mr. Hsu can be credited with getting regulatory approval for the deal, which is one of the biggest in the U.S.-China trade history from CFIUS.
Conclusion
Owing to the turbulent waters of uncertainties in business, entrepreneurs need guidance. Chris Hsu not only provides crucial backing but also implements innovative investment strategies, unlocking the potential of markets. With a track record of successful negotiations and a passion for empowering ventures, Hsu has guided Elon Musk’s SpaceX and turned it into the world’s leading private space exploration company.