(LINK) Southeast Asia Tech Investment – H1 2019 – Cento Ventures

Cento taking the lead on the best “report” for VC in the SEA Region.

Article here:

Southeast Asia Tech Investment – H1 2019 – Cento Ventures

Report here:

https://www.cento.vc/wp-content/uploads/2019/08/Cento-Ventures-SE-Asia-tech-investment-2019-H1.pdf

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(LINK) What is We!? Understanding the WeWork IPO – Byrne Hobart – Medium

I used to use Regus back in the day and have always been amazed at the current co-working craze. Personally I prefer a good, old-fashioned office but maybe I am just getting too old.

Anyways – I get the notion of just needing some space and wrapping the whole tech world around it.

However I don’t get Softbank or WeWork. Just baffling to me. Stuff that is allowed to go on in deals like this would have kept a simple seed investor like me from even going in. It would not have passed basic due diligence IMHO.

Here is one of the better reads on it:

What is We!? Understanding the WeWork IPO – Byrne Hobart – Medium

(LINK) Don’t work in venture capital

Don’t work in venture capital

What a read – I don’t agree with it all but a lot of it.

Pretty much all of what I know today is from making mistakes – lots of them.

I have done a bunch of different careers – so I speak from experience more than anything else.

I always get asked should I do this gig or that gig, should I start a startup, should I do VC or should I go work for google.

I think the advice I would give to my kids is similar to the advice I would give someone asking me these same questions.

The first bit of advice I have is gain experience in your chosen field. I knew early on I wanted to be in tech and I like to travel. So my first gigs were in tech – they were not great gigs but they were in the trenches of tech and I learned. With each thing that I learned I started to come to grips with what I wanted to do and what I didn’t. 

I loved tech but I did not want to be an engineer. Too lonely for me. Then I get into sales engineering and learned how to sell and traveled a lot.

Looking back though I have done some gigs I regret and there was moments when I think I wasted a lot of time doing stuff I didn’t like or realizing the gig was going nowhere but I stayed anyway. 

So I have a few rules that might be of use and these I will most likely share with my kids:

– Nothing wrong at all with working for a big company – it will pay well and you can see how things work but you may not get a varying sense of experience across different disciplines.

– For the varying experience try a startup but either work to becomes a C level where the equity counts or just do it for a period of time to get the experience you need. More than likely if you are being underpaid due to equity, chances are the equity will be nothing and you will work many years below average pay. Not a bad trade-off for a short term goal of learning a lot but don’t camp too long.

– If you want to do your own startup just wait till the time is right. That time to me is when you have some cash to rely on so you don’t have to raise money too early and when you have a great idea. Don’t force either one of these things – you will either not be convicted enough to follow through on the idea or you will give away too much of the company in order to raise funds.

– For VC – I won’t go into it much but my view is you also want to have some money prior to going in and you want carry – otherwise it’s like the startup scene in that you are not paid well and don’t have the upside.

And remember – the grass isn’t always as green as you may think it is.

(LINK) Dark emerges from stealth with unique ‘deployless’ software model | TechCrunch

There is always the promise of a new way of building stuff.

I am always dubious of a new way that requires a new language.

I also wonder how tweakable it all is once launched – can the devops person adjust it at the GCP level or is a roundtrip needed to go from editor to launch?

Interesting times.

Dark emerges from stealth with unique ‘deployless’ software model | TechCrunch

(LINK) Parenting – AVC

This is a great post and as I only have young kids, I don’t know what it is like when they are grown up. I am excited for it though but of course I don’t want to age that quick yet and I am enjoying the baby.

One thing I like is how he describes the going all in:

I have loved all of parenting; rocking them to bed, the late feedings, changing the diapers, teaching them things, family vacations, the teenage years, leaving home, the college years, and the early adult years.

As I have an 8 month old right now the nights are rough but I also try to enjoy them. One thing I know is the state changes are fast and you miss all the moments more quickly than you associate any sort of suffering from them. I fed her at 3AM and she didn’t really want to fall asleep after that. She was just smiling and relaxing but wanted to be held. I love holding her.

Now it is 5:30AM and I got her back to sleep around 4:45AM. Of course now I am up and might as well get cracking.

Parenting – AVC