3 Essential Lessons For Startup Founders From A Top Hong Kong VC

There’s an old investing joke that goes something like this: “If you want to make a million dollars, start with ten million.” This is most certainly the case when it comes to angel investing in early stage startups. I myself can vouch for the validity of this saying by the sheer amount of angel investments I’ve made personally which have all gone to zero. Sure, it’s fun looking at companies and calling yourself an “angel investor” but if you really want to make money investing in startups you are better off putting your money with professionals who do it for a living.

Alan Chan is the founder and managing partner of Vectr Ventures, one of Hong Kong’s “rising star” early stage investment funds which in a matter of just a few years (he only launched in 2013) has proven to be one of the savviest investors on the block. Chan won the notable Asia Investor of the Year award in 2015, along with Sequoia and GSR Ventures.

Continue Reading: https://www.forbes.com/sites/kimjay/2017/08/16/three-lessons-for-startup-founders-from-one-of-hong-kongs-top-vcs/#89c5119492f0

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