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H.E.R.O.’s Journey in Tech (25 January 2019) – Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire + Susan Cain – How to Overcome Fear and Embrace Creativity (#357)

H.E.R.O.’s Journey in Tech (25 January 2019) – Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire + Susan Cain – How to Overcome Fear and Embrace Creativity (#357)

Companies

  • Meituan to invest $1.7 billion in push to digitize merchant partners (Technode)
  • Michael Cannon-Brookes snr: How I raised a son who became Atlassian billionaire (AFR)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Samsung, Softbank

  • Latest WeChat update hints at its ‘operating system’ ambitions (Technode)
  • Entrepreneurs should focus on the problem, not the technology, says Alibaba’s Joe Tsai (SCMP)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • Facebook Slides After Report Claims 50% Of Its Users Are Fake (ZH)
  • AWS launches Neo-AI, an open-source tool for tuning ML models (TC)
  • The prime challenges for Amazon’s new delivery robot (Wred)
  • Amazon Can’t Fix Facial Recognition; Companies lack incentives to stop the creepiness. (Bloomberg)
  • Amazon offers cautionary tale of AI-assisted hiring (FT)
  • Apple Self-Driving Car Layoffs Are a Nod to Reality; It was never clear that Apple managed to develop the partnerships it needed. Now it should focus on the bets it can win. (Bloomberg)
  • Google’s StarCraft-playing AI is crushing pro gamers (CNN)

Asia Tech & Innovation Trends

  • Quasi-unicorn IceKredit aims to leverage AI in becoming China’s FICO (Technode)
  • Bing, Baidu and a Big Mess for Chinese Search Engines; Internet users are wondering why Microsoft-owned Bing is suddenly inaccessible in China. The sector faces some even bigger questions. (WSJ)
  • Japanese firms hopping on ride-hailing bandwagon in Southeast Asia (JT)
  • Korea is home to 6 unicorn startups: Coupang, Bluehole, Yello Mobile, Woowa Brothers, L&P Cosmetics and Viva Republica (Investor)
  • “We’re seeing $2.5b for food delivery in Indonesia alone”: Go-Jek on transaction value, international expansion, and IPO plans (KRA)
  • Go-Jek makes first close of $2 billion round at $9.5 billion valuation (TC)
  • In the business of improving other businesses: Malaysia’s game-changers in the B2B spectrum (e27)

Global Tech & Innovation Trends

  • Heathrow Turns to AI to Cut Gap Between Flights by 20 Seconds (Bloomberg)
  • Blue Prism looks to partners to expand robotic process automation with AI (TC)
  • Top 10 US subscription video apps pulled in $1.3B last year, a 62% increase from 2017 (TC)
  • How Uber Eats’ Starbucks delivery deal changes the American delivery wars (TN)
  • Are Consumers Ready To Buy And Sell Homes Online? (PYMNTS)
  • Instacart CEO reaffirms IPO is ‘definitely’ on the horizon (CNN)
  • Palo Alto Networks Stock to Rally on Rising Security Spending, Analyst Says (Barron’s)
  • Fog, Edge Networks Merge in IoT (EE Times)
  • Dutch AI Startup Wants to Reveal the Real Value of Your Property (Bloomberg)
  • Weak Intel outlook stokes fears of a chip slowdown (Reuters)

Life

  • Susan Cain – How to Overcome Fear and Embrace Creativity (#357) (Tim Ferris)
  • Billions to Bust: Lessons from the failure of some of India’s biggest business names. (BT)
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About 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.

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