The slow down and the correction has finally hit the trade numbers. The bad news is that compared to the previous month, December exports fell by about 14% in dollar terms. The good news is that imports fell by 22% and the balance of trade is now down to only 800 million US dollars. Foreign…
Day: January 18, 2009
Funding for dummies…four
And finally no financing deal ever goes through without relationships and credibility. Relationships open the door and get you time; credibility gets you to the term sheet. The sooner you build up your stock of these two elements the faster you can get to capital – debt or equity.
Funding for dummies…three
We met Wilson Tan on a trade trip across China. In just over a week, thirty technology companies from the Asia Pacific region covered 3 cities and one hundred Chinese partners, trying to understand the opportunity that was China. Wilson was the President of the organizing body, (the outgoing President of Mercury interactive and on…