Aug 21, 2018
David Ying is a Senior Consultant at the Systex Corporation in Taipei since 2012. David Ying holds a bachelor degree in Economics from National Taiwan University, along with an MBA degree, and an Executive MBA degree in Business Administration.
In 1982, David started his career as a banking officer at Continental Illinois National Bank (CINB) located in Taipei City, where he was promoted to loan officer. He has more than 35 years of experience working for a dozen companies, including 5 years at International Investment Trust Company Ltd in Taiwan, 4 years at Dow Jones Telerate and the last 20 years at Systex Corporation.
In this episode, David Ying shares his big dreams during the DotCom era leading to a painful start-up venture that brought his years' worth of salary into the bubble.
“Investment pretty much at that time [dotcom era] is driven by your behavior and driven by the environment. Lots of people around you say, ‘Yeah, I make a lot of money because I invest in the internet’. ”
What do you want to hear from the My Worst Investment Ever Podcast?
00:56 – David Ying’s professional background
02:09 – David as a risk-averse investor
03:01 – The circumstances that lead to David’s Dot.Com investment
05:01 – What persuade him to venture into internet business during the Dotcom era
06:09 – The type of start-up cosmetics business that he ventured in dreaming it to be as big as Amazon and Yahoo
08:33 – How big of an investment was it relative to the money he had
09:11 – Andrew summarizes the critical learning point from David’s experience
10:37 – Jack Ma’s experience when he visited Taiwan for venture funding
You can also check out Andrew’s books
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