Jim Kim, Joe Lonsdale, and Brian Koo in San Francisco
Formation 8, a new group of young VCs, is pursuing a fresh take on the location-is-everything mantra. Its investment focus is in Silicon Valley, but it is pouring resources into Asia from the outset. The twist is that Formation 8's Asian outposts aren't meant to beat the bushes for investments but to help U.S.-based entrepreneurs advance their businesses there.
|How to bet against the bitcoin megabubble|
|Where should you put your money now?|
|The surgeon who gave Steve Jobs a new liver - and two more years - faces new questions|
|Social Security payout: How long do you think you'll live?|
|The shared genius of Elon Musk and Steve Jobs|