Kevin Yeung
Kevin Yeung is the co-founder of startup incubator Archangels Access, which funds and grows startups in Asia. The 40-year-old ex-banker also co-founded Feeding Hong Kong, the city’s largest network of food banks. He talks to Yannie Chan about the Hong Kong startup scene and the secrets to successful businesses.
I grew up on Tai Hang Road. My father was a policeman and my mother was a teacher. They divorced and my mum raised us.
One tough decision I’ve had to make was turning down Columbia Law School. The debt was too much. It would have wiped out whatever savings my mother had.
Banking taught me how to look at companies, evaluate situations, how to do deals and negotiate.
Bankers don’t have power; they have influence. Bankers couldn’t walk into Steve Jobs’s office and tell him: “do this.”
A good banker can say, “I think you should consider doing this.”
These guys who think that they’re powerful bankers: they’re drinking too much of their own Kool-Aid.