Eternal Youth Is the Next Big Bet for Singapore Venture Capitalist


Photo: Bloomberg

Baidu Inc. is often referred to as China’s Google with a market value of more than US$60 billion. But in 2000, it was an upstart struggling to get any attention from investors—except from a guy named Finian Tan.

Tan, then head of Asia at DFJ Eplanet Ventures, began investing in the search engine, betting that 1.3 billion Chinese would eventually embrace the internet. When it went public five years later, Tan’s firm emerged as the bigger beneficiary with a stake larger than the 22 percent held by Baidu co-founder, and now billionaire, Robin Li. He’s making a similar bet on San Diego-based regenerative medicine company Samumed LLC, which is valued at $12 billion.

What attracted Tan was Samumed’s approach to treating arthritic knees, hair loss, scarring of the lungs and degenerative disc diseases. The company is pursuing novel therapies for those conditions and cancer with drugs that target a cell-signaling pathway that offers promise in reversing the biological processes of aging.

Read more on Bloomberg.


Author and website owner Steven Ooi, a First Class Honours grad from NUS, retired from a distinguished 14-year career as an English and GP tutor at the age of 42.

To view tutors recommended by him, click here.

English or GP tutors keen to be listed on this website (consistently ranked  top 10 on Google for GP tutors) as a Recommended Tutor, please email stevenooi18 @ (remove the spaces). Those interested in having links to their website can also contact him.

Read GP model essays here.

About gptuitionsg

A dedicated English and GP tutor with First Class Honours from the National University of Singapore, Steven Ooi retired from the profession after a 14-year career during which he was one of the most sought-after private tutors in Singapore. He is the recipient of the Minerva Prize from NUS, which is awarded to the top English Language honours student of each cohort. This website, which has consistently ranked among the top 10 on Google and has received over 530,000 hits, has now been converted into a GP resource site cum listing of recommended tutors. If you are a GP or English tutor who wishes to be listed here, please email Steven Ooi at stevenooi18 @ (remove the spaces). Interested parties will be assessed and interviewed by him, and qualifications will be checked. These procedures are necessary to uphold quality standards. DISCLAIMER: While every reasonable effort has been made to assess the competence and verify the qualifications of recommended tutors here, no guarantees are made and you engage them at your own risk. By using this website, you agree that you will not hold the webmaster Steven Ooi responsible for any consequences — direct or otherwise — that occur in relation with your use of this website.
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