Teenage Golfer Lydia Ko Turns Professional Via Social Media

Teenage Golfer Lydia Ko Turns Professional Via Social Media

Lydia Ko, the world’s top-ranked woman amateur golfer, said she’s turned professional and plans to play for cash for the first time at next month’s season-ending LPGA Tour event in Florida. Ko, a 16-year-old New Zealander who became the youngest winner of an LPGA title last year, made the announcement today via a YouTube video posted on her Twitter account in which she features in a skit with All Blacks rugby player Israel Dagg. “She was reluctant to hold a traditional press conference,” New Zealand Golf Chief Executive Officer Dean Murphy said in a statement. “She has also been very busy studying for exams and wanted to make this announcement in a different way.”As an amateur, the South Korean-born Ko won four professional titles, including back-to-back victories at the LPGA’s Canadian Women’s Open, the first of which made her the youngest winner of an LPGA event. She was 15 when she won that first title. Her ineligibility to accept prize money because of her amateur status kept her from earning about $660,000 in winnings from those tournaments.

Ko’s runner-up finish at last month’s Evian Championship, the fifth women’s golf major of the year, would have earned the Auckland high school student another $298,000 had she been pro.

During the YouTube clip, Dagg asks Ko if she’s ready to shed her amateur status as they finish off a round of golf.

“Well if you can beat me, you can definitely handle the pressure of going pro. It must be time now?” says Dagg, a Rugby World Cup winner with New Zealand in 2011.

“Okay, I’ll do it,” Ko, the No. 4 player in the Women’s World Golf Rankings, replies. “Right now, right this second.”

To contact the reporter on this story: Dan Baynes in Sydney at dbaynes@bloomberg.net

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment