(LINK) Mongolia needs allies to withstand China’s looming threat – Nikkei Asian Review

Solid read.

From the author of one of my favorite books this year :: https://amzn.to/2p25zUQ

Mongolia needs allies to withstand China’s looming threat – Nikkei Asian Review

(LINK) Libra Cryptocurrency: Facebook set to bet high on Libra crypto

Libra Cryptocurrency: Facebook set to bet high on Libra crypto:

Blockchain enthusiasts are also questioning whether Libra truly hews to the spirit of decentralized technology represented by crypto currencies worldwide. Facebook’s plan to comply with common regulatory requirements mandated by central banks like information about the user and usage of government backed securities, is in order to drive initial adoption of the cryptocurrency and the wallet according to Ramani Ramachandran, cofounder and CEO of ZPX, a Singapore-based blockchain startup.

“This is the opposite of true crypto. It is completely KYC-driven, regulated by local laws and influenced by anyone who wants to pay up to $10 million and be a validator node,” he said.

Nice quote from Ram of ZPX.

Walmart International spent $16 billion to go big in India. CEO Judith McKenna has to make it work – CNN

Walmart International spent $16 billion to go big in India. CEO Judith McKenna has to make it work – CNN

Was talking to a friend about India and VC – one thing we all agree on is that the monster exit of Flipkart has done wonders for the scene. Lots of people made money and it is going to new firms and new startups which helps to compete with the old guard. More foreign funds will pay attention now knowing exits can and will happen.

However – making investors, founders and employees rich has nothing to do with Walmart turning Flipkart into a money machine.

On this part -I think they will struggle long-term against Amazon.

Get the popcorn.