AAA April 2018 – Page 6

Corporate venturing deal net: 16-20 April 2018

Automotive manufacturer FAW Group has agreed to provide a “significant amount of money” in return for a minority stake US-based smart electric vehicle developer Byton, Reuters reported today. Byton’s past investors include internet group Tencent, contract manufacturer Foxconn and car dealership owner China Harmony New Energy Auto Holding, and it was seeking up to $400m… Continue reading Corporate venturing deal net: 16-20 April 2018

Can governments turn engineers into entrepreneurs?

In South Korea, the saying goes that “to be an entrepreneur you have to kill two women – your mother and your future wife”. In South Korea, young male entrepreneurs would shame their mothers by not pursuing a professional career, such as doctor or lawyer, or working for a top chaebol – meaning conglomerate, such… Continue reading Can governments turn engineers into entrepreneurs?