SM: What percentage of your deals are China or Asia deals? DC: Today it’s 40% to 45%.
Media companies are in for an expected bad run. Advertising spending is down as much as 11% in the US alone, and is not expected to recover to pre-recession levels when the economy improves. Additionally, the market for content services and DVDs continues to be depressed, with consumer spending falling 4% during the quarter. I
This week’s Zero In assesses new targets which, along with the recently acquired Zappos, could help Amazon create a strong portfolio of high-margin vertical offerings. Read What Amazon Should Buy Next.
SM: What was your next step after deciding that you could not stand on the railroad tracks any longer? DC: I immediately resigned from McKinsey and started a company called Japan Communications Inc with three other co-founders. It is the first and largest mobile virtual network operator in Japan.
Note that you can still win a free e-book copy of “Entrepreneur Journeys, Volume Two: Bootstrapping: Weapon of Mass Reconstruction” even if you did not win the first copy. All who retweeted before midnight Pacific time on Wednesday, July 15, 2009 are qualified to enter the draw as long as they write a review of
In case you missed Sramana discussing value creators vs. speculators on the “Gary Allen On Business” radio show this past weekend, you can find the recording here. And here’s part of the excellent review Craig Newmark posted on his blog, “Newmark’s Door”: “I recommend ‘Bootstrapping: Weapon of Mass Reconstruction’ to my MBA students and to
David Chao is the co-founder and general partner of DCM. He has been active in the information technology industry since the 1980s. At DCM, he guides portfolio companies in formulating corporate and product marketing strategies, developing strong management teams and implementing domestic and international partnerships. SM: Let’s start by talking about your background. What experiences
Last week I wrote Yahoo! Going Nowhere, “So far, I have seen absolutely NOTHING from Carol Bartz on a compelling strategy.”