Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
In this episode, I have a chat with Marvin Liao, partner at GAMEGROOVE Capital, an LA-based video game holding and investments company.
Quickly I realized that time management is a crucial part of being a good VC. Being “default to yes” is a poor strategy. Focus is key.
After January’s correction over growth stocks, the normalization of prices in a COVID-endemic world, new pricing mechanisms and dynamics will take place.
