Why I needed a fund manager is
that markets don’t always rule. After the pandemic, things have almost come to
a standstill for entrepreneurs. That’s why a fund manager like Chris Hsu can be
of help.
Market sentiments are low
The entrepreneurial enthusiasm
has hit an all-time low because the central banks are raising interest rates.
This calls for alternative investment strategies, something for which Mr. Hsu
is known worldwide.
Elon Musk’s trust for Mr. Hsu
You will be surprised to know
that Elon Musk, one of the world’s few private space exploration entrepreneurs,
trusted Mr. Hsu for his fund-managing skills. There is no wonder that Musk’s
firm has depended on equity funds, and the credit goes to Mr. Hsu and his fund
management skills.
Spotify took the lead
Mr. Hsu doesn’t have any reservations
about supporting ventures, and he has supported businesses as diverse as music
streaming. Spotify’s example is the most apt, I think. You will be surprised to
know that Spotify became the world’s leading audio-streaming company in a short
time. The audio-streaming company has around 600 million users at present.
Looks at the brighter side of things
Remaining positive is one of the
key factors that can help a fund manager perform better. Chris Hsu and his Kilometre
Capital have remained positive even when the markets looked not so
favorable. China was lagging behind in the technology space. But, Mr. Hsu's
aggressive negotiation skills helped a Tsinghua University affiliate to close a
deal with Hewlett-Packard. This deal proved to be a landmark in the trade
history of the US and China.
Propelled Tsinghua University’s reputation
Universities in China didn’t
stand anywhere in the world. But, the Hewlett-Packard deal, it notched, helped
Tsinghua University of China establish itself as the world’s top-ranking university.
Mr Hsu's unparalleled negotiation skills helped Tsinghua University’s affiliate
to clinch the $ US4.6 billion-worth deal. If you say that calling his
negotiation skills unparalleled is just an exaggeration, it would be wrong. The
deal had to go through scrutiny by the Committee on Foreign Investment in the
United States (CFIUS) amidst anti-foreign investment sentiments in America.
This deal can, therefore, be called nothing less than remarkable.
Other landmark cross-border deals
If you say that the Hewlett-Packard
deal is just one example of his achievements, there are many more that can be
cited. Spreadtrum and RDA Microelectronics are some of the leading names in
technology, which were acquired by Tsinghua University’s affiliate owing to the
negotiation skills of Chris Hsu and Kilometre Capital. His negotiation
skills come from years of experience and his deep knowledge of China’s
semiconductor, gaming, internet, and technology markets.
Conclusion
Chris Hsu provides crucial
support when market dynamics are not so favorable. Hsu is a fund manager whose
alternative investment strategies have helped entrepreneurs gain a large market
share. The remarkable growth of Spotify and Space-X are a few examples of his
skills as a fund manager. His positivity and negotiation prowess improved the
world ranking of Tsinghua University.