What does an international state of mind look like in a world where the majority of us no longer travel? And what does it indicate to be local when everyone is linked?
Those are the first questions we had in mind when we read GGV Capital’s Twitter bio, which asserts that the investing store with offices in 5 cities is a “global venture capital company that purchases local founders.”
Some of its financial investments are far from home, consisting of Khatabook (based in Bangalore), Keep (Beijing), Coder, (Austin) and Slice (New York City City). And those are simply GGV deals from the last few months.
What constitutes a regional investment in a world where, up until just recently, no deal was more than an aircraft trip or 2 away? Hans Tung and Jeff Richards, managing partners at GGV Capital, are swinging by Extra Crunch Live next week, and we’re going to dive into the above to figure it out.
Obviously, we’ll likewise ask crucial, founder-focused concerns about their present investing pace, check sizes and how they are adapting to the COVID-19 age. However after that, there’s a lot of work to do.
We’ll contact Tung to share a few of what he’s gained from his time investing in China’s tech landscape, with a specific focus on what he sees in the future that might show encouraging. The other GGV partner signing up with, Richards, also has international experience working in Asia and Latin America, so the discussion must be interesting.
In February, the company released a mom-and-pop shop investment thesis. GGV Capital wants to invest in start-ups that help small retailers digitize operations and deal with better supply chains. It is also thinking about start-ups that want to develop online and logistic payment infrastructure. (Certainly Shopify can’t be this entire market, right?)
The thesis depends upon consumer shopping practices and retailers open for organisation, so we’ll see how Tung and Richards are changing their cravings, or even more forming it.
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Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.