Happy New Year! May 2020 be the start of a happy, successful and prosperous decade for all of you! 

As any other startup, Momentum Works experienced its own ups and downs in 2019. And at some point of time, we are wondering why we are doing all these – especially in the venture building part. Those in the space would probably find this sentiment familiar. 

As 2019 drew to a close, things worked themselves out (probably as expected). We are completing our first venture exit by acquisition, and the stress caused by (many of you would find this familiar too) pursuing too many projects/ventures at the same time gave way to the focus on a few key initiatives. 

We would like to thank all our clients, partners and friends who accompanied us during the ups and downs of 2019. We learnt so much from all of you – and we are glad that you found our work useful. 

Part of the team will be freed up by the exit, especially product, operations and marketing. We are open for the next venture project – ideas (and investments) are welcome! It has to be big 😉 

And we are still recruiting Entrepreneurs-in-Residence, Analysts and Super Interns. If you have anyone to recommend, feel free to reach us ([email protected]). 

All the best!

Jianggan Li
CEO, Momentum Works

Thanks for reading The Low Down (TLD), the blog by the team at Momentum Works. Got a different perspective or have a burning opinion to share? Let us know at [email protected].

 

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Jianggan Li is the Founder & CEO of Momentum Works. Prior to founding Momentum Works, he co-founded Easy Taxi in Asia, and served as Managing Director of Foodpanda. The two years running Rocket Internet companies has given him a lifetime experience on supersonic implementation, and good camaraderie with entrepreneurs across the developing world. He holds a MBA from INSEAD (GMAT 770) and a degree in Computer Engineering from Nanyang Technological University. Unfortunately he never wrote a single line of code professionally - but in his first job he was in media, travelling extensively across Asia & Europe, speaking with Ministers & (occasionally) Prime Ministers. Apart from English and his native Mandarin, he is also fluent in French and conversational in Cantonese & Spanish. He tried to learn Latin (for three years) and Sanskrit (for six months) as well. In his (scarce) free time, he reads, travels, hikes and dives. Pyongyang, Tehran & Chisinau are among the interesting cities he has been to.