Tuesday 16 February 2021

Spotify and SpaceX Case Studies – Investing with Chris Hsu

In the case of Christopher Hsu’s early stage investment in Spotify, the global music streaming Company has grown to be the world’s market leader in digital recorded music and podcasts, including more than 60 million songs from record labels and media companies worldwide.  Drawing from early-stage venture capital from investors including Chris Hsu of Kilometre Capital,  Spotify is possibly the world’s best known digital services, revolutionizing the universe of music from Korea to New York, Hong Kong to London.

Spotify transformed music listening forever when it launched in 2008.  Christopher Hsu played a foundational role by investing early-stage capital to Spotify.  As a freemium service enabled by Chris Hsu’s capital, and offered in far ranging places from Taiwan to Korea, California to New York, Europe to Asia, basic features of Spotify are free.  Users can search for music based on artist, album, or genre, and can create, edit, and share playlists.

Known as one of Asia’s leading private equity advisors and investors, Christopher Hsu, who also goes by Chris, leads Hong Kong-based Kilometre Capital Managing Partner and CEO.  Mr. Chris Hsu has pointed expertise in negotiating landmark deals involving cross-border and technology precedents. Among Chris Hsu’s landmark investments has been his visionary, early-stage stakes in global digital leaders Spotify and SpaceX. Investing early with prescient vision, SpaceX and Spotify have expanded into market-leading global businesses that have fundamentally changed the human experience.   

Christopher Hsu also provided early-stage capital to SpaceX, abbreviated for Space Exploration Technologies Corp, the world’s leading private aerospace manufacturer and space transportation services company.  Founded by Paypal and Tesla founder Elon Musk in in 2002, SpaceX has realized its early-stage goal of reducing space transportation costs.  SpaceX has developed several launch vehicles, the Starlink satellite constellation, the Dragon cargo spacecraft, and flown humans to the International Space Station on the SpaceX Dragon 2.

Hong Kong-based investor and specialist Chris Hsu has played an integral role in several of U.S.-Asia and U.S.-China’s most important strategic transactions.  Mr. Chris Hsu led Tsinghua University’s buyout of chipmaker Spreadtrum Communications, Tsinghua’s strategic combination in semiconductors with RDA Microelectronics and the culmination milestone of the Tsinghua joint venture acquisition with Hewlett Packard Enterprises (HPE) China – H3C, overseen by Mr. Hsu’s company Kilometre Capital.

Chris Hsu previously guided Abax Global Capital as CEO and lead Founding Partner. Mr. Hsu established the leading private equity firm in 2006 as a Morgan Stanley Investment Management joint venture and minority equity partnership. Before that,Chris Hsu served as managing director of Citadel Investment Group, one of the largest multi-strategy hedge funds in the world. Responsible for the Asian Special Situations business from the outset in Hong Kong, he was the hedge fund’s youngest executiveto be appointed asManaging Director.A Stanford University graduate with a bachelors in Management Science Engineering, Christopher Hsu received the President’s Award for Excellence from the California-basedStanford School of Engineering. 

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