However, Yoo was skeptical of the craze of investing in the sleek New Economy venture start-ups, preferring instead the traditional brick and mortar companies in need of funds as an object of investment. Investment in venture startups is like giving money to newly born kids. They have a vision, but often there is nothing else. As you know, it takes a long time to succeed with a new technology, because the technology sector is evolving so fast. Unlike venture start-ups, no matter how ambitious their plans are, manufacturers with track records are far more compelling.
Track records are crucial to diagnosis of viability and investment decisions.
He added that no investment is safer than this type of investment based on a thorough analysis of track records and related industries. Of course, Q Capital Partners is not alone in the market, but it has real specialist partners whom he is proud of for their wealth of experience in restructuring companies. Furthermore, it has something that foreign investment bankers cannot emulate in the domestic corporate restructuring market. He pointed out that chief executives of financial institutions should discard their easy-going approach toward the settlement of bad loans. Chief executives of financial institutions need to take the bad loan problems more seriously.