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Photo Credit: Michael Steinberg

This blog post is adapted from a capstone project created by Aihui Ong for Springboard’s Data Science Career Track.

Is gold a good investment in general? SPDR Gold Trust (GLD) exchange-traded fund (ETF) tracks the price movement of gold and is a cost-effective and convenient way to invest in gold without buying the real gold.

I’ve owned GLD since 2011 and the price then was $151. Honestly, at that time, I was still new to investing and all I read about was to invest in gold to diversify and recession-proof my portfolio and it’s a safe haven to protect myself…


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Photo Credit: Savvas Stavrinos

I’ve been an investment partner at XFactor Ventures just over a year. So far, I’ve invested in only one company. The problem is not with the opportunities I’ve seen. I’ve listened to many pitches and met with many founders, but I’ve ended up passing on almost all investment opportunities.

At XFactor Ventures, we pride ourselves on writing feedback explaining why we pass on the opportunity. Trust me, it’s a very difficult rejection email to write because we are founders ourselves. We know how the rejection feels on the receiving end.

One common reason why I pass on investments is founder…


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#500Women Event (photo credit: Women 2.0)

The last couple of weeks have been a very heartbreaking to hear all the outcries of the very brave women who came forward to share their stories of sexual harassment by men in power, especially in Silicon Valley.

I’ve kept my silence the last few weeks because I was furious, hurt and disappointed, especially when most parties (accused, accuser, whistle blower etc) mentioned by the media were all my friends. 500 Startups led by Christine Tsai and Dave McClure were my first investors and believed in me and my company since inception six years ago. I’ve been a big proponent…


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10 Lessons Learned From Being a Startup CEO

2015 marks the third year anniversary of Love With Food. It’s surreal to think that three years ago I was a team of one, and now we are a team of 15 people. I’ve spoken at many events in the last three years, even one titled “How to Turn an Idea into a Multimillion Dollar Business.” I’ve also been in the press, here, here and here. All good news, but it has been nothing short of a roller coaster ride.

Am I glad I ditched my engineering consulting career for a risky…


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Today, I interviewed someone for a job opening at Love With Food. The first thing he did was to offer his condolences for the passing of Mr Lee Kuan Yew. I choked and held back my tears. I had to pause for a moment to regain my composure. Normally, the phone interview was an hour long but today it was only thirty minutes. After the interview, I broke down.

Mr Lee Kuan Yew is the Founding Father of Singapore. He led the country from a third world to first in less than forty years. Back in the 60s. Singapore was…

Aihui Ong (i-we)

1 cup Entrepreneur • 1 cup XFactor Partner • 1 cup Startup Mentor• 1/2 cup Swimmer • 1/2 cup Runner • 1 cup Cook • 1 bag of Smiles

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