Last week's "The Economists" had an article about the resurengence of venture capital activities. It specifically mentioned two hot areas: healthcare and "Linux".

On a side note, the highly anticipated IPO (initial public offering) of Google should generate a lot of attention. As we all know, Google's two founders, two Stanford dropouts who discovered that huge business opportunities can be developed based from Linux when they were still working on their Ph.D. dissertations at Stanford's "Bill Gates Computer Laboratory," are already among Forbe's 500 richest billionaires (even b4 Google goes public).

Our VC activities are definitely not nearly as vibrant as those in the Bay area or even in Shanghai. But because our island is so small, the probability of running into someone who is associated with a VC is actually higher than most other places. wayne

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