October 22, 2009

• those evil finance guys...

  That was my common sentiment until i was 25.  I graduated at 2001, right after the bursting of the Internet Bubble, I was out of college and there were no jobs on wall street.  Ever since that, I possess a "sour grape" mentality towards bankers and what not.  I envy their access to the castle of fortune and secretly pity myself own misfortunes of the bad timing.

  Since then, many cities and many many startups after, I appreciated the fact that I was not in banking from the beginning.  I don't see businesses and growth as merely numbers, but I see the sweat and tears that people put into them.  That was real, instead of just simply black ink on a piece of white paper.

  Mind you, I have my fair collection of bankers that I deal with.  PEs, VCs, Private bankers...etc, Some of them have absolutely no idea what they are doing or what they are selling to me. Some of them are brilliant, absolutely top notch geniuses that thinks beyond the scope of just current businesses. However, the reality is that 99% of them are only thinking about the short term, and anything beyond 5 years is unthinkable. 

  Yet, I have realised that in the end of day, everything and anything always comes down to one commodity, money. Either in forms of currency, gold or what not, everything always comes down to cold hard cash.  As such, I am setting up my own fund in the next 6 months, a small fund that would serve my own long term interest; an investment holding entity of all my equities in companies, and to take interest and invest into angel level companies and projects. The fund will have zero outside capital, but rather it will be limited to only a few of my close friends that have made their own fortunes and industry influences.

  It will be a great adventure

  So it seems that while I have tried much to escape from the finance world, but ultimately I will still be a part of it.

  • 10:19 pm
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