Analyse Podcast

"So there's a tremendous amount of friction that exists there because I think we're still at the point where we're. We're using traditional insurance products that have been invented in the 1970s and trying to add this digital layer on top of it. So where InsureTech has struggled, I would say, is unless there is a significant amount of product innovation. It's very hard to really optimize the prod...

"The vision is to future proof global real estate. Now why real estate? One thinks that it's just one industry, right? Well, it's 300 trillion dollars. There is no asset class, no industry that is remotely as valuable. Not all the treasury bonds in the world, not all the stock exchanges in the world, and not all the real GDP of the economies of the world add up to the value of global land and prop...

"Yes FTX was a very large institutional player, Genesis whatever happens out there was a very large institutional player and so it'll take a lot of time for the fallout to fully play out. But just taking a step back and looking at the big picture, none of this has any impact on crypto's multi-year arc towards enabling innovation. Ethereum as a trustless, decentralized digital asset set on one laye...

"If you look at over 30 years, China equities have returned zero, basically gone up and gone back down to where it was 30 years ago.  It was shocking. So the other thing that is hard to believe, I think we're entering a period of even greater uncertainty now than where we were six months to a year ago. Opening up is a huge gamble. the markets are rallying right now -- 'yay China is opening!'...

"What we did instead is we did not. The market rallied. We were just clouded in our judgment and we were not scaling the firm the way we should have. So that was probably one big one. The other one was after the liquidation I should have just had blinders on to the media and focused on creditors only and probably just had a round table and said these are what I think the options are. What do you t...

"For me, it's only about daily active users. I feel in the next five years, especially for the whole ecosystem. I'm not talking about Polygon first - let's say for the whole blockchain ecosystem… In [the] next five years, if we don't reach somewhere between 50 to 100 million users, I think we would've failed very badly. So all apps. I'm talking about all apps in all ecosystems, layer one, layer tw...

"Because of the pandemic, we all became patients. We all became aware of diagnostic tools [and] therapeutic interventions.  The level of awareness that exists now around this specific topic is very high, but it also translates into us being more aware of why it's important to be preventative. The mask is preventative, exercise in the post-pandemic world is preventative for heart conditions, a...

"If you think about a modern digital business, what does that mean? Well, it translates to personalized, proactive service and support. At a minimum, it's also the ability to deliver and provide access to self-service. It's about eliminating all of the mundane and repetitive tasks that are required to drive great engagement and customer loyalty and where a process or a workflow is required to be e...

"Because you can learn the hard skills, but if you don't know what holds you back, you don't know who you are, you don't know what your triggers are, you don't know what motivates you, what upsets you. How do you bring the best version of yourself every single day to what you do and get better? ... We need to pay attention to that because the whole idea is you cannot anticipate change ahead of you...

"My version of success here is to build the most valuable data set in web3. Hopefully, if we do our jobs right, it'll probably be just one of the most valuable data sets in the world, period. When we look at Google Street View, this is an ecosystem, a platform, where there is probably so much low-hanging fruit - gems that can be extracted to build really great businesses, unlock new experiences, t...

"So, because I think the way I've always been thinking about this podcast is (as) a brand, I think we talked about it just now, the quality of the guests we curate is now a challenge for everyone who wants to get onto the show as well. And I've been very methodical about the selection of guests. I would rather have no episodes, but the quality of the guests must be there. And I'm very mindful of t...

"And so we see the private market as a very interesting space because as I said, if everybody had 20% of their portfolio in private markets, we're moving from almost zero in a mass affluent hand to 20%. That's a lot of wealth, but that wealth requires a lot of thinking, a lot of platforms, a lot of technology innovation to solve. Because private markets are very complex. If you think about simple...

"It's impossible today for any country to do it all on their own. And even if you looked at the United States, which is still the biggest player in the supply chain by far, it's still the case that the US can't do it all on its own. As you mentioned, it imports lithography equipment from the Netherlands. It imports chemicals and materials from Japan. And then the most advanced fabrication of proce...

"First forecasted back in 2016, we had anticipated the 200 billion by 2025. It also stands out to us that the digital economy grew 20% year on year. And the reason that stands out is that we expected things to slow down somewhat as we came out of the pandemic because we saw incredible acceleration over the last two to three years, and to see that people have returned to so-called normalcy, at leas...

"So people don't mind going back to the office. But in Asia, the people who wanna go to the office the least are the people who are working in Northeast Asia. So in China, Taiwan, Hong Kong, Japan, Korea, those are ones that have more of a tough environment to work in, more of a bullying culture, the strict 9-9-6 in China (which I know is going away) but people are still expected to work a lot. .....

"I'm actually not a believer of the web 2.0 turning into web 3. So these days a lot of companies are basically turning non-profitable web 2.0 companies and adding token elements into that and turning it into a web 3 company - and think issuing a token can flip the whole picture differently. I'm not a believer in that, the reason is that the user is coming on board with a different purpose. These p...

"I think one of the things that TSMC does is that they tend to hit their targets. When they say they're gonna build something, they're gonna do something, they do it. I think that when you contrast that with other companies in the industry like for example, a particular company in America that says and sets a certain deadline and misses it repeatedly, that affects your credibility. TSMC has always...

"China's vision is basically to use the big data that it's harvested to enable its government to be just more nimble and more reactive to the demands of its citizens. So China's idea is, you know, if we collect enough data, we can spot problems and nip them in the bud even before they occur. Or we can spot, for example, a national security threat and nip that in the bud even before a terrorist is...

"More generally, this air of crisis is just going to force companies to look again at the wisdom of supply chains, which crisscross Asia in a way that didn't take account of geopolitical boundaries. You already see a move by many companies to try and create more robust and resilient supply chains to geopolitical shocks,  and so that might mean companies like TSMC or Global Foundries building...

"Strategy wise. This is the path that we went through. We started looking at options because we wanted to possibly buy options to hedge our balance sheet. But when we looked at it, we were like: this kind of volatility, very difficult to buy. If it's very difficult to buy means selling is good. So in this case, I think low control leverage volume selling tends to be a very good strategy because of...

"Without nodes, there's no blockchain. Without blockchain, there's no cryptocurrencies. Without cryptocurrencies, there's no web3. So nodes are the key core fundamental architecture and infrastructure for this ecosystem. Whether you are a persona just trading around the tokens, you need nodes to be performing. So that when you do a trade, read-write transactions happen, you verify how many tokens...

"So these three things, continue the digital transformation, the business networks and the supply chain resilience, both of those underpinning solving for scope three [carbon emissions], circular process and a more sustainable future for Asia. The opportunity we have ahead of us, to solve for what I think, are really profound problems that the planet needs to obviously solve." - Paul Marriott &nbs...

"China is doing exactly what you said, it is trying to basically have backups for choke point technologies, so that in the case of sanctions, it is not left not being able to do anything. Because that's a very real risk for China right now. Whether or not, it needs to have a complete supply chain. Well, it actually has a lot of the more lower value add components than in the really more advanced p...

"Look, I think this is a long game. A lot of times you don't see the results until you're a few years out. At the same time, the fundraising game is a very short game, which means you want the short results very quickly. So the LP sees that you are ahead of the pack in fundamentally what is a very long game. So there's a huge disconnect there. and I think the pressure has always been there to show...

"I think from an investor perspective, the biggest misconception would be to buy into a high score and think the company is truly sustainable because the reality with ESG is the data is self-reported. The data often is limited in terms of the range of disclosures. It's very selective. It's very manipulative because large companies with big CSR or sustainability departments, Can often manage the na...