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Betty Chum · · 3 min read

The intricacies behind VCs’ investment plans

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Hi readers,

Every journalist loves the thrill of “chasing a big story.” It takes you from being a fly on the wall to being in the driver’s seat. As your words unfold new developments, it almost feels like you’re making history.

Real life, of course, isn’t so romantic or simple. What goes on behind the scenes is a lot of back-and-forth conversations and the careful choosing of words. Working on the “Vickers’ Envy misstep” story, I realized two lessons: clarity is key, and don’t fudge the nuances.

Clarity is not just about good writing, but it’s also about getting the story right. In this case, Vickers had not invested directly in nickel nor had an equity stake in Envy, but they backed a receivable financing product offered by Envy instead. Saying otherwise doesn’t do justice to the source.

When so much discourse today is tainted by extremes, it’s easy to overlook the nuances of a conversation. Some VC firms may appear to have greater leeway than others, but that doesn’t imply any wrongdoing as long as everything that’s done is agreed between limited partners and the VC firm.

Sniffing out big stories and “making history” is what makes journalists good. Good journalists, as all should be, tell stories with impartiality.

Tay Tian Wen, journalist at Tech in Asia


TOP STORIES THIS WEEK

1️. Will the Envy misstep tarnish what could be Vicker’s ‘best year’?
Vickers says that the Envy-related deals are not part of its core activities, and the rest of its portfolio is expected to do well.

2️. The CEO of Singapore gaming chair maker Secretlab buys 2 properties worth $38m
Secretlab’s valuation has reached US$1.5 million. Its CEO, Ian Ang, purchased the two luxury properties in the past seven days.

3. Temasek’s general counsel, other leading lawyers duped in nickel trade scam
New charges filed against Envy Global Trading’s Ng Yu Zhi revealed that some of Singapore’s top legal professionals also fell for the investment trap.



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Community Writer

Betty Chum

That person from Tech in Asia who sends you emails everyday