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  • The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The 2017 Global Award for Entrepreneurship Research goes to Hernando de Soto

    The Global Award for Entrepreneurship Research is the most prominent international award in entrepreneurship research with a price sum of EUR 100,000. De Soto’s analyses have had tremendous influence on policy throughout the world and were a main source of inspiration for the World Bank’s Doing Business program. Read More
  • 2017 Award Winner

    2017 Award Winner

    Hernando de Soto Peru  Institute for Liberty and Democracy For developing a new understanding of the institutions that underpin the informal economy as well as the role of property rights and entrepreneurship in converting the informal economy into the formal sector.   Read More
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Bill Tai is a venture capitalist and a kite-surfing fanatic who combines the two whenever possible. In addition to being a partner at Charles River Ventures, he co-founded nonprofit MaiTai Global, a professional networking group that merges work, play and philanthropy.


What do you actually do all day in your job?

My days are spent primarily advising and funding entrepreneurs who are bringing new products to market. I spend a lot of time meeting with new startups each day, as I am introduced to well over 100 each month seeking advice and capital. In addition I have several dozen companies I have already funded, some of which I am very active in building. The two keeping me busy at the moment are a Big Data company called Treasure Data where I am a co-founder and chairman, and BitFury, the world’s largest cryptocurrency infrastructure operator, where I am a director and head the strategy committee of the board.

What are you reading right now?

I'm re-reading The Mystery of Capital by Hernando de Soto, which is a book about the fundamental roots of capital formation and its role in the development of economies. The book has new relevance to me, as I’m helping the author think through ways to implement his economic theories using a modern technology called Blockchain.


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