Source: Fast Company
Summary
Chi-Hua Chien, a venture capitalist with over 20 years of experience, approaches his work with a cultural anthropologist’s mindset. He is the co-founder and managing partner of Goodwater Capital, a VC firm focused on consumer technology investments. Chien has invested in companies such as Facebook, Twitter, and Spotify. He believes in understanding the cultural context and human behavior to identify successful investments.
Our Reading
The launch follows a familiar script.
Chi-Hua Chien’s approach to venture capitalism sounds like a rebranding of good old-fashioned market research. He’s just really into understanding people and culture, which is what every successful company claims to do. His firm, Goodwater Capital, invests in consumer tech, because who doesn’t love a good consumer trend? He’s got a portfolio that includes Facebook, Twitter, and Spotify, because who hasn’t invested in those? Chien’s secret sauce is just paying attention to human behavior, which is what every successful business claims to do, but somehow he’s the one who gets to call it “cultural anthropology”.
Author: Evan Null
