Juan Roig, one of the richest men in Spain, just surpassed El Corte Inglés in sales. Mercadona is now the leading Spanish distributor. I am struck by his call to arms: "We must imitate the culture of effort of the Chinese bazaars." Someone who, in a year as bad as 2011, hired 20 new employees a day, deserves everyone's attention.
His complaint that "Spaniards don't pick oranges" brings to mind the memory of a recent conversation with one of our investors. On his small farm next to a town with some 80% unemployment, the manager left and no one wanted to fill the vacancy, despite the fact that, as he tells me, "there could not be a more attractive job for anyone in the town." Are we as a country losing the desire to w
Having a presence on three continents gives us a unique perspective on what's going on in the world. Suddenly an innovative company with a first-rate entrepreneurial group rises up in Santiago, Chile and you see an opportunity to help them grow, first in Latin America and then in the rest of the world. Or the opportunity appears in China and, even though you know that they will be entirely occupied with their own gigantic country for years, yet you research the possibilities for their idea in other environments.
Like Oscar and Monica, our partners and CEOs in DaD Asia, if I were 30 I would be in China and, like them, I would have learned Mandarin; something that our Director General Enrique Barreira, now partner and CEO of Da
I am going to share with you how I see our consulting in DaD Asia. Oscar and Mónica, in already almost 4 years in Shanghai, have accumulated a knowledge base of the Internet in China that few Westerners have ever achieved. Since our focus in DaD Asia, just like in all other DaD offices, is selecting Internet companies for investment, this knowledge has been confined to our own investments.
Now, with the creation of the DaD Asia Consulting Firm, directed by Luis S Galan, we want to take advantage of this knowledge to offer consultation in China on all types of companies with a special focus on the Internet sector, which we know so well.
How can we create a consulting firm that is naturally digital and firmly planted
I encourage you to visit Baquía's themed mini-sites. You can access the mini-site dedicated to cloud computing here; this site has reached almost 150,000 page views in only a couple of months.
We tested out this type of publication on FICOD last year and the response directed Baquía to focus on specific issues that have a great need for information. There is also a site dedicated to Smartphones.
But the new security site is taking over the articles read by more than 10,000 people. Well, I want to encourage you to read them and, over all, participate in them. If you have any special knowledge on these topics or if you want to propose another theme, you can do it yourself with Baquía approval.
They are alway
One of our first investments in Chile through DaD-Neos, led by Enrique Barreira, our ex-General Director and current CEO of the Chilean participated company as a partner, has been Upgrade 3D. Their flagship product Xtention is dedicated to promoting real estate in any part of the world so that they can have their buildings well-positioned on Google Earth.
Now, already well-rooted in Chile, they are beginning their international trajectory in Latin America and Europe, starting in Spain and wherever we can quickly get their products in the hands of various advanced real estate agencies interested in promoting property with particularly weak demand.
The system allows one to superimpose buildings -not yet built- onto Google E
We are at the close of the year and we can already say it has been a good year. For the number of new investors who have trusted in DaD as a vehicle to diversify their risk and to find Internet investment opportunities, as well as the new participated companies that, counting Chile, have reached almost 10 around with world with the year-end push.
Every day a greater number of individual investors becomes interested in investing in 21st century companies and, curiously, December was a great month for new investors, some of which have already invested in several participated companies as well as made direct investments.
The global vision and the opportunities on different continents are very attractive for investors who want, little
Here is the promised link. It's the story RTVE reported on about entrepreneurs in China -Entrepreneurs and Innovators- starring Oscar Rubio, CEO of DaD Asia, and Mónica Muriel, General Director, in which you can see the great efforts and achievements of our "Chinese" partner.
Both are also promoting an Association to support Spanish entrepreneurs in China and an SME, which is being created at the hands of Spaniards who have emigrated, and are ready to carve out a future in the Asian giant.
Recently, they have created DaD Asia Consulting, oriented specifically toward giving consultative support to Spanish companies -not just Internet- that want to set up there. So, now you know, if you are thinking about launching in China
It surprises me when an entrepreneur from other provinces asks me: Does DaD invest outside of Madrid and Barcelona? The answer: Of course, but that has to be clarified. We invest, but not a lot. The reason is that there are too many projects in Madrid and Barcelona that attract our interest, but, above all, it is because entrepreneurs in the provinces live well and don't travel much to Internet events of reference in Madrid and Barcelona.
However, as I give more talks outside of these cities, I am starting to see opportunities. Entrepreneurs who are already billing more than a million euros, who have a good business model and, in general, who don't speak English and lack the contacts to go from a good SME to a big business. DaD can
Each day the impact of social networks on what companies and individuals do is greater and, with it, the number of companies dedicated to social environment managing software is growing. These companies are developing software from the standpoint of social network users as well as from the potential impact that online brand development has for companies.
We bought into Shotools a couple months ago, which just published its platform and is now offering its services to Internet users. There is a free version and then several pay per use versions in a SaaS (Software as a Service) model that looked really good and that we wanted to try.
Led by Alex Puig, the Shotools team is making themselves in a big gap between the companies
We don't invest in projects that have already been functioning for months. Our focus is on projects that are just beginning, when we can contribute to the improvement of the business model, complete the team, and provide the first clients. When the company has already launched, it is too late for us.
We invest on average 150,000 Euros for a 15-20% share and we never invest ONLY money. If an entrepreneur is only looking for a financial partner, DaD is not the place for them. We love projects with a big trajectory in their initial stages where we can bring knowledge, contacts and initial clients.
In fact, as many of the teams of entrepreneurs who have come to see us can confirm, even when we don't invest, we
Determined entrepreneurs will succeed. Maybe not the first time, but, as I always say, each time you fall get back up and learn from your mistakes and you will be successful. Entrepreneurs see daily problems with different eyes. They see them as obvious opportunities for business that no one else sees.
There is so much to do! The greatest advantage for entrepreneurs is knowing only how to move forward, though they may fall, to get up and move on. They look for companions for the journey who complement them and make the project their own - people considered travel companions, partners, guarantors of final success. You must be generous with them, though cautious until they have proven themselves; give mu
Adtriboo, the new crowdsourcing environment made up of professionals from the audiovisual sector on Cinemavip, is already online. With more than 125,000 users, it is one of the top 4 sector leaders worldwide.
My congratulations to the Adtriboo team; Jaime Sanmartínis CEO, David Lastra is CTO, Juan Ramón Moreno , and the rest of the team have worked to update the platform, which is already open to all of you and to anyone who needs a logo or a corporate video or a professional speech for any type of public or private purpose.
Brands like Vodafone or Yelmo Cines are already using the platform that, in just a few weeks, has reached over 50 projects in which its creative members can shine, earn
An internal memo from Groupon's CEO to his employees seems to be the culprit.
Tired of reading bad news about his company, he wrote to them answering to the entirety of the negative commentary they had read daily in the news, both on and off-line. Not good.
The American SEC takes what they call the pre-IPO "quiet period" very seriously and has asked them to answer a lot of uncomfortable questions. The biggest problem that GROUPON has now is answering to those accusing them of configuring a PONZI scheme that will not last.
My concern with a model that has been able to grow and generate so many jobs, rather thanprosecuting them for it, is to ask myself to wh
Belén Martí Junco and Carmen Escalona, CEOs of Charhadas, told me less than 40 days ago that they wanted to move Charhadas TV forward. I gave them all the negatives: it would be expensive, they would lose focus, it would cost them too much money and eat up their margins...
This is why CEOs don't pay attention to investors. They, being who they are, went through with the project and, in a record time of fewer than two months, they have brought Charhadas TV to almost 100 videos for a ridiculously low cost despite the quality they have been able to preserve with all of them.
The first series of audiovisual content already has a good selection of problems that affect moms, especially first-timers, an
If you see how quickly new iPhone or Android -usually both- applications appear, you will realize how necessary a specialized search engine is that will allow you to search for what you need at any time.
That is the idea for Quixey, which just achieved its first round of financing for 3.8 million dollars.
Furthermore, Quixey allows you to search through Windows, iGoogle, and extensions that give you lots of flexibility, making it a universal application search engine that has a lot to offer. Purchases from investors like US Venture Partners, WI Harper Group, Webb Investments Network and Innovation Endeavors -their first Angel Investor- demonstrates interest wit
The social network for 40-somethings, Sigojoven.com, in reality a family network, is maturing as it quickly approaches half a million (very) active users.
Today, I read their story told on ABC, "Emprender en tiempos de Facebook" [Learning in the Time of Facebook], by their CEO, Jesús Miguel Gutiérrez-Barquín, written by journalist Alvaro García, in which other less well-known social networks also appear.
I am still convinced that, between the globalization of Facebook and the local genius of Tuenti, there is a Latin American family space for those who want to enjoy their own social network, every day adding to Sigojoven's number exponentially.
Jesús and his team are workin
Apple is becoming the highest valued stock on the Market in the world and, with that, has received a valuation that eclipses the entirety of the Spanish IBEX.
The 21st Century brings technological enhancement and gives value to the best 21st Century companies -almost all American- misunderstanding the deterioration of the U.S.
The last great European software company, Autonomy, was just purchased by HP, despite its losses on the Stock Exchange. The American company announced a change in its business model, abandoning computer production. It is clearer every day that the money is in services, something that IBM used years ago to reinvent itself and which Microsoft is trying to do while ORACLE has control of the maj
We are just barely into the third year of our presence in China through DaD Asia and we already have 21 participated companies. Oscar and Monica are doing excellent work from Shanghai and we are getting increasing access to better investment opportunities.
Despite the distance, we keep in close contact through Skype and we meet with them on a weekly basis, sometimes to see how they are doing and sometimes to research investments they recommend. This model has demonstrated that DaD can be replicated in any part of the world.
DaD Asia is also in its second round of capital increase (still at $7.5 million) compared to the headquarters' 20 million and, although somewhat surprisingly, we are seeing several of our
I could not tell you before, I apologize. It is now official and EXPANSION and CINCO DIAS tell all in full detail.
We have served as founding partners of the project 24x7, providing support to Gustavo Garcia (Buyvip) and Nacho Somalo, to create a big player in online sales for select household products.
In recent months, several competitors have arisen in Spain and all of Europe but, what makes us unique? In the first place, Alice.com has been and continues to be the sector leader in the world. No competitor has a presence on both continents (Europe and the USA) and, above all, nobody has a technological development that cost millions and allows new dimensions in customer tracking and behavior reflection with ea
I hadn't accessed my XING account for a few days, but today, I went in and found it had completely changed.
They are using a new model, a lot like Facebook, to make the pages more accessible and the following better organized.
My congratulations. I believe the site has gained in usability and provides better access to all of the information. It is not easy when you have to compete with Linkedin, but they are doing better than I expected.
Will Linkedin buy them? XING is already on the stock exchange in Germany, but with Linkedin's IPO, do they have money to burn...or to use to buy competitors to grow...
What do you think is going to happen in this space? Will they consolidate or split by country?