Jimmie has tremendous experience in investment banking, with a focus on direct investments and mergers & acquisitions. He is currently the Managing Director at LehmanBush, a China focused investment company. Jimmie is based in the firm’s Beijing office and oversees LehmanBush’s early stage investments in China and their developments.
- Tell us about your background.
My background is in the convergence between law and technology. However, I very quickly got intrigued about entrepreneurship and the challenges of building something new. After starting and successfully exiting two companies within the space of 5 years, I found myself in China advising and investing in non-Chinese early stage companies looking to get access to the vast Chinese market. Early 2016 I got heavily involved in blockchain investment and advisory, eventually having my firm merge with LehmanBush, the Asian investment arm of the Bush family. With this next level platform, I continue my work to be on the forefront of technological development.
2. How do you feel about blockchain’s future development?
Bright. Especially given that on an enterprise level, Fortune 500 companies are storming to get involved across the entire industry spectrum, and the traditional financial regulatory system is slowly and steadily making sure that the bridge between the old and the new is as stable as can be. Whether it be in this iteration or the next, DLT is a force to be reckoned with.
3. Can you see any potential impacts that blockchain will have on your industry?
Our particular industry is quite undefined. That being said, I believe that there will be a much improved version in the way we decide on our investments, the way we transfer said investment funds, and the way we can monitor what the funds are being used for.
4. How did you first meet AlphaNu team?
Through a fellow investor/advisor
5. What motivated you to become an advisor?
The business model itself is very tantalizing and a potential prime money maker; utilizing blockchain makes it even more so. Furthermore, the team had a clear attack plan laid out for penetrating the Chinese market, and given my expertise and familiarity with China it was an easy choice. Lastly, the sector is fairly unexplored at this point, making AlphaNu a very good contender for market leader.
6. How do you think AlphaNu will create change?
China’s securities market is controlled largely by 5 companies holding roughly 60% of the business. Furthermore, algorithmic trading is almost non-existent. The way I see it, AlphaNu can allow the small to midsize firms an edge by arming them with high-end ammo, thus increasing profitability and, eventually, allowing larger degree of fair competition on the market.