The Evolution of DaD Asia
We are just barely into the third year of our presence in China through DaD Asia and we already have 21 participated companies. Oscar and Monica are doing excellent work from Shanghai and we are getting increasing access to better investment opportunities.
Despite the distance, we keep in close contact through Skype and we meet with them on a weekly basis, sometimes to see how they are doing and sometimes to research investments they recommend. This model has demonstrated that DaD can be replicated in any part of the world.
DaD Asia is also in its second round of capital increase (still at $7.5 million) compared to the headquarters' 20 million and, although somewhat surprisingly, we are seeing several of our Spanish investors also deciding to invest there from Spain.
In fact, with those in charge of DaD USA, DaD Neos (Latin America from Chile), and DaD-IQ-One (Eastern Europe) we are implementing the same model and, in the U.S., it has already worked for the first investments made there.