How an Airbnb renter’s horror story taught the company’s CEO his greatest leadership lesson: “A consensus decision in a moment of crisis is very often going to be the middle of the road, and they’re usually the worst decisions. Usually in a crisis you have to go left or right” – Bamboo Innovator Daily: 30 Jun (Tues)
June 30, 2015 Leave a comment
Life
- How an Airbnb renter’s horror story taught the company’s CEO his greatest leadership lesson; “Usually in a crisis you have to go left or right.”: BI
- Who Will Succeed Warren Buffett as CEO of Berkshire Hathaway?: Bloomberg
- How Martha Stewart lost her $2 billion empire: WaPo
- Where does the money go? Auditor-General to investigate private school funds: TheAge
- Turning Envy into a Positive Force: Insead
- How To Negotiate With Chinese Companies, Part 3: Forbes
- How Katy Perry Became America’s Top Pop Export: The Forbes Cover Story: Forbes
- A mathematical formula reveals the secret to lasting relationships: BI
- Grow big without growing dumb: BT
- To pick a know-all chief executive is just plain dumb: FT
- A boot camp for billionaires anxious to stay ahead: FT
Investing Process
- Charlie Munger on “Loading Up,” Tracking Error, and Value Investing: AA
- Using Tax Havens Secretly Is Bad for Shareholders: Insead
- Short-sellers target AirAsia amid questions over accounting: Star
- China graft probe uncovers falsified revenues at large SOEs, including well-known names such as State Grid, China Ocean Shipping Co (Cosco) and China Southern Power Grid: FT
- Share Price Tumble Puts Tycoon Linked to Fallen Officials, Businessmen in Spotlight; Che Feng, owner of a majority stake in troubled special effects firm Digital Domain, said to be detained: Caixin
- Cracks appear in ‘cash shell’ SPAC strategy: FT
Greater China
- China’s Debt Bomb; Stock volatility is the latest sign of the economy’s excessive leverage. WSJ
- MSCI Says China Faces Complex Process to Join Index; Comments come after index provider decided not to include mainland-listed shares on widely tracked index: WSJ
- Lenovo’s Next Showdown And Why It Will Be A Fight: Forbes
- Saab Owner To Build $400 Million Electric Car Factory In China: Forbes
- A Shortage of Tools for Betting Against China; Even after the selloff, valuations of some China shares remain sky-high. So where are the short sellers?: WSJ
- China’s Magic Tricks Can’t Save Its Stock Market: Bloomberg
- Hon Hai’s Gou announces spin-off listings for 100 subsidiaries: WCT
- The next ‘tiger’ in Xi’s purge: Prince Qing: Nikkei
- Why Xiaomi Can’t Succeed Without India: HBR
- How’s that Zhou put working out for ya?: FT
- This Driver in China Explains How He Is Helping Rip Off Uber: Bloomberg
- China’s Economy Not Immune to Market Sickness; It would be a mistake to assume that China’s broader economy will shrug off this market meltdown.: WSJ
- China’s growing ambition to acquire auto technology is set for a boost as a state-run aviation giant has agreed to buy U.S. car-parts supplier Henniges for $800m: WSJ
India
- Indian e-commerce market bitten by a new bug: Cashback: e27
Japan & Korea
- Abe Tackles World’s Heaviest Debt Burden: Bloomberg
- Japan weighs ‘almost suicidal’ pension squeeze for growing band of seniors: JT
- How Korean car makers beat out the Japanese: Fortune
- Samsung’s Cheil Industries Promises Better Dividends if Merger Approved; Cheil Industries’ offer appears to target hedge fund Elliott’s allegations of weak minority shareholder protection at Samsung C&T: WSJ
ASEAN
- Thai auto industry struggles to end 2-year slump: Nkkei
- “When it comes to F&B, Singapore is the toughest market to crack,” declares Sebastian Low, Singapore CEO of Malaysian restaurant chain PappaRich: BT
- Najib’s supporters don’t understand 1MDB’s ‘shady business’, says Dr M: TODAY
- Indonesia households feel pinch amid search for new growth engine: FT
Macro
- Hedge Funds for Masses Lose Shine as Goldman, Pimco See Outflows: Bloomberg
- Loads of Debt: A Global Ailment With Few Cures: NYT
- Private equity sees shades of 2007 — and sells: FT
- Debt clouds hang heavy over emerging Asia; Export route to economic growth also blocked as world trade slows: FT
Energy & Commodities
Healthcare
- Can big data help you get a good night’s sleep?: Fortune
- Turning the immune system on cancer: AsiaOne
TMT
- Uber Bonds Term Sheet Reveals $470 Million in Operating Losses on $415 million in revenue and a $50 billion valuation: Bloomberg
- The Current State of Uber’s Global Challenges, Mapped: Bloomberg
- Virtual Reality’s Real-World Obstacles; Facebook, Sony and Microsoft are creating buzz, but investors may struggle to share in the excitement: WSJ
- How Television Won the Internet; Digital media has rediscovered a very old business model. Make your customers pay: NYT
- In turmoil again, music industry once more looks to Apple to save it: WaPo
- How To Sell Tea To China: A Lesson In Tech Entrepreneurialism: Technode
- Selling groceries online is tough: Localbanya COO: Forbes
- If any one of these 3 things happen, the tech boom could end immediately: BI
- WeWork, a company that leases office space to startups, is now worth $10 billion, twice as much as it was worth 9 months ago. Is this a sign that the tech boom is turning into a tech bubble?: BI
- How Sweden became the startup capital of Europe; Stockholm is the second most prolific tech hub in the world on a per capita basis, behind Silicon Valley. How did that happen and where does it go from here?: Telegraph
Consumer & Others
- Buffalo Wild Wings no chicken about expanding in Asia: Nikkei