“Every generation laughs at the old fashions, but follows religiously the new.”

― Henry David Thoreau, Walden

In my last post, we talked about why AI automation is the new industrial revolution. …

“Money” and “Wealth” are two simple concepts that people often say interchangeably. Growing up, I have always thought these two are the same. That turns out to be a mistake. They are two different things — i.e., money is a medium of wealth, but wealth is not all money.

Let’s…

For a long time, I’ve had this old poster that illustrates the mechanics of the first steam engine in my office. One might wonder what does a steam engine has to do with the “groundbreaking” technology companies a VC gets to interact with. The answer is “drastic productivity improvement.” The…

Burpee challenge

This started with something silly. I ran into some click-bait youtube videos with dramatic thumbnail photos (of course!). They showed the drastic differences of “before v.s after 30-day burpee challenge.” It was at the beginning of the lockdown, so I thought to myself, “why the hell not? …

This is the article I had long intended to write. My last (2018) post on US-China became quickly dated because of the trade war in 2019 and then the pandemic outbreak in 2020. The situation is changing so fast that the whole world is merely trying to catch up. …

Like everyone else, I’ve been spending a fair amount of time trying to understand the length and impacts of this pandemic. (I will try to write COVID19’s impact on the new world order in a separate post)

The “hammer and dance”

First, let’s talk about duration. I will be the…

My grandmother and I were really close together. She raised me mostly and had made me who I am.

She was diagnosed with late-stage liver cancer in late December 2019, and we had been told there is not much time left. Mom called me and was weeping on the phone…

I just returned from a two-week long business trip from China. It felt like it has been two months. In a good way.

A lot of activities were jammed in those 14 days. Starting with speaking at SLUSH conference in Shanghai to meeting many China entrepreneurs, the trip was packed…

You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. — Steve Jobs

I’ve been thinking about the past a lot lately. …

It’s quite common to hear startup founders say: “I just want to finish fundraising quickly so that I can get back to building.” Understandable and I would probably have said the same thing if I were in their shoes. However, there is a fine balance between raising capital too…

Jay Zhao

Partner at T Fund. Blog first at https://www.amisfit.vc/

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