Early-stage companies would have to seek a funding source, and it would most likely be out of family and friends. First of all, the business ideas of most early-stage companies are disruptive, and this entails risk management. So, only professionals like Chris Hsu would be able to handle the high risks associated with early-stage companies. Secondly, the funding needed is huge, and therefore, even if a family friend wants to help the entrepreneur, they would not be able to.
What made SpaceX and Spotify choose Chris Hsu
Now, let’s see why early-stage companies, Space-X and Spotify which are now world leaders in their respective domains chose Chris Hsu from Hong Kong. The answer would require the reader to know certain facts about Mr. Hsu.
Stanford University put a stamp on Chris Hsu’s ability
Chris Hsu of Hong Kong graduated from Stanford University School of Engineering with a B.S. in Management Science Engineering and a prestigious Stanford President’s Award. Stanford University nurtured Mr. Hsu’s talent for driving innovation and supporting early-stage companies. Its curriculum integrates theoretical knowledge with practical application.
Founded the leading Asian private equity fund and hedge fund
Mr. Hsu was the CEO and the founding partner of Abax Global Capital, a leading Asian private equity fund and hedge fund. He was the sole founder of Abax, a JV partner of Morgan Stanley Investment Management, in late 2006. At Abax, he oversaw a wide team and negotiated Abax’s minority equity partnership with Morgan Stanley.
Mr. Hsu was the Managing Director at Citadel Investment Group
Mr. Hsu was Managing Director at Citadel Investment Group, one of the largest hedge funds in the world. He was promoted to be the youngest managing director in Citadel’s history. He founded and managed the Asian Special Situations business of Citadel Investment Group from its inception.
Now, coming back to the question what made SpaceX and Spotify choose Chris Hsu’s Kilometre Capital. Mr. Hsu demonstrated his ability to navigate through the laws of a country. He was able to seal a deal for Tsinghua University which is widely believed to be the biggest in the US-China history. All this was achieved by him because of his negotiation skills and knowledge of the US laws.
Mr. Hsu got the approval of CFIUS
The acquisition of 51 percent of Hewlett Packard China required the approval of the Committee on Foreign Investment in the United States (CFIUS). The reason for this lies in the fact that Hewlett-Packard (HP) is a renowned American multinational information technology company. Getting the approval of CFIUS for the HP deal needed knowledge about the transfer of intellectual property. Ensuring the transfer of sensitive technologies happens in an authorized manner was a huge responsibility for Chris Hsu’s Kilometre Capital. But he dealt with those challenges and emerged victorious.
H3C is now an IT giant in China
The acquisition of Hewlett Packard China led to the creation of an IT giant. H3C is an industry leader in providing digital solutions. It has been a trusted partner of its customers offering a full portfolio of digital infrastructure products, spanning across compute, storage, networking, 5G, security, terminal and related domains.
Christopher Hsu Hedge Fund 