Thoughts on East Ventures and Penn Olson

Willis Wee
10:18 pm on Apr 22, 2011

It’s Earth Day and Good Friday. But things are still running busy at Penn Olson. East Ventures invested in our Asian tech blog and there is a common goal which both parties will work hand-in-hand to reach.

We’d like to take this chance to thank East Ventures for their guidance and faith.

But still there are a lot of things to explore, learn and achieve. Hopefully over the coming years we can continue to develop at a pace that’s both challenging and fun.

Like any other start-ups, Penn Olson pivoted several times before finding the right direction. The journey has taught me a lot and made me into a better person.

A little history…

All these things wouldn’t have happened if I had not left my previous start-up back in 2009 (picture above). It was an education business which concept I strongly believed in. We were profitable within 8 months and things were running pretty well. Unfortunately, growth slowed and so was my passion for the business. I left and started this blog and it became one of the best decisions in life so far.

I could still remember the fear I faced when I first left as a co-founder. After all, I did spend a good 5 years of my life building my previous business… there were a lot of emotions involved. But to achieve a different result would require a different strategy and path.

Now, with my university life ended, I finally can stay focused on growing the blog. It will be a fun ride.

P.S: Thanks to all who have helped and mentored me. You know who you are.

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(And yes, we're serious about ethics and transparency. More information here.)

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