investment

Perspective: Blockchain Competitive Advantage — A 2019 Thought Experiment.

Perspective: Blockchain Competitive Advantage — A 2019 Thought Experiment.

Thoughts on the future of blockchain:

- The Internet Will Continue Evolving: Digital Monies & Assets Needed
- Most Blockchain Projects Will Fail
- The Bad News Comes First
- A Few Potential Winners Will Begin to Emerge
- Potential Winners Will Start to Play Hard With Each Other
- Most Surviving Projects Will Move Beyond Their Start Up Phase

Read my Blockchain Competitive Advantage for more.

Perspective: Blockchain Competitive Advantage — A 2019 Thought Experiment.

Perspective: Blockchain Competitive Advantage — A 2019 Thought Experiment.

#Blockchain and #Crypto hold the promise of bringing digital monies and assets ‘into’ the Internet. Blockchain based payments, digital registries, security tokens, accounts and exchanges will drive the next phase of the Internet’s evolution and so this is where the traction will be. 

Read all 10 inevitable truths from my competitive strategy work.

Research: Harvard/MIT Research Shows Angels Outperform VC's

A new paper by Josh Lerner of the Harvard Business School and Antoinette Schoar of the MIT Sloan School of Management explores the rise of angel investing and compares it to venture capital. Using data from two large angel startup groups, the authors were able to show results that should encourage attention to this mode of financing. First, they find that during the period of study, “the angel group outperformed the venture capital industry overall.” Second, they found that “Startups funded by angel investors are 14% to 23% more likely to survive for the next 1.5 to 3 years and grow their employment by 40% relative to non-angel funded startups. Angel funding affects the subsequent likelihood of a successful exit, raising it by 10% to 17%.”

Lerner and Schoar explain the positive outcomes of angel investors by arguing that they provide “value added and hands-on improvement … rather than just access to funds.” Often angel investors include “some of the most sophisticated and active investors in a given region, which might result in superior decision-making.” The paper makes a good case for the use of angel investing as a way of improving the entrepreneurial ecosystem in a region.

Press: SG Advisors Spotlight on Investing in China & Hong Kong

China, on track to be fully merged with Hong Kong in 2047, is poised to overtake the U.S. as the globe’s largest economy. Or is it? Investors who want to explore this as an investment opportunity need to understand not just the Chinese economy, but the market mechanics of China and Hong Kong and what type of access they offer. As China travels the road to world leader status we examine whether investors are welcome to join in the journey. The Chinese and Hong Kong governments are significant owners in most Chinese and Hong Kong stocks. Those that partner with these governments by owning stocks of companies based in China and Hong Kong should expect a bumpy ride impacted by politics, currency risk, and a changing investment landscape.

Click link for report