In a recent interview, Richard Liu sat down before an audience to discuss his past, his present and future as head of Qiangdong. His professional beginnings were humble and far from the tech innovation we see from the company today. He and his wife opened a restaurant as Liu had a passion for the culinary arts growing up. After the restaurant failed, he opened a small electronics store in the 90’s that sold CD’s, DVD players and the popular tech of the late 90’s. The store eventually expanded in the early 2000’s to 11 stores, all with just a few employees so it was still known as a small, local chain.
In 2005, the avian flu catastrophe put a stranglehold on China’s economy and workforce as more and more people got sick. Liu sent all of his employees home and closed up shop to keep his employees safe. Then sparked the idea for Qiangdong. Now a revolutionary provider of on demand goods, Richard Liu discussed how the company began using shipping methods like that of Amazon and built upon that model to become China’s number one distribution company. Flash forward to today and the company uses autonomous means such as self driving vehicles, drones and robots to deliver top quality goods, same day throughout the country.
Facial recognition technology, tech that understands traffic patterns have all been implemented. Liu joked about wanting to be more well known and widely used internationally than Walmart and Amazon combined; friendly competition. When asked about his financial wealth, Liu stated that much of it can be a burden but he’s also been able to give back to causes he finds important as well as help those near and dear to him personally. He joked that many close friends of his were now very well off. Richard Liu will continue to strive for that international successful person and to be the best.
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Richard Liu is an American businessman who has found success if a diverse set of industries. Richard Liu was born and raised in New Hampshire. His father was an otolaryngology specialist and his mother a dentist. He made school his priority and strove to learn all that he could. After earning his bachelor’s degree he attended the Harvard School of Dentistry. His first job was at Evergreen Dental Care which is a full-service dental practice. Richard Liu helped patients by doing crown restorations, tooth fillings, restorative dentistry, dental implants, and veneers.
He worked as a dentist for five years. During this time he also lectured about restorative dentistry at his alma mater. Although his successful career as a dentist, Richard Liu wanted to enter the financial industry. He was interested in business development, investing, and introducing technology into startups. He had always been interested in venture capital and had made money as a small-scale investor. He decided to pursue this passion and, just like he had attended dental school so that people would have confidence in him as a dentist, he attended MIT to earn an MBA so people would have confidence in him as a financial manager.
After MIT, he joined CRT Capital as an analyst. He worked in this same position at FTV Capital. It was at this point that he felt confident enough to launch his own firm which is Morningside Venture Capital. Richard Liu acquires startups in technology, consumer services, artificial intelligence, and media sectors. He focuses on companies that will change the global economy for the better.His company now has $1.7 billion in assets under management. Richard Liu takes an active role in the day to day operations of his company. Richard Liu says that the soft skills he learned as a dentist, such as bedside manner, have helped him immeasurably as a venture capitalist.
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The video game industry has evolved a lot since the advent of the internet, and multiplayer online gaming has added a new dimension to gaming that players didn’t use to get to experience back before the internet. Jin Oh begin his working career in 2006 with the release of League of Legends, which was a game that utilized attributes of the other popular massively multiplayer online games at the time.
Jin Oh specializes in making games that are both fun to play and add a teamwork aspect, where players need to work as a team to excel in the game. Jin Oh has built a team at Riot Games that design some of the most memorable mobile games of our time, and his work in the mobile gaming industry continues to be a pleasant surprise for gamers everywhere.
Jin Oh will continue to innovate with his stellar gaming products and innovate the Riot Games company to the next level, a company that’s known for producing stellar products that keep gamers on the edge of their seats. The massively multiplayer online gaming industry will continue to flourish and Jin Oh will be at the forefront with new and interesting technology to offer.
Sheldon Lavin is currently the chief executive officer and the chairman of OSI Group. He holds his highest role in the food and meat processing industry. He is also the president of OSI International Foods Ltd. Even at his current age, Mr. Lavin is still actively engaged in various operations of the company. He was not originally a part of the company. However, in the 1970s he arranged the financing of the first food processing facility of the company in West Chicago, Illinois. This is the first one that the Kolschowsky family built in that area. The company was originally named Otto & Sons and was later changed to OSI Industries. Mr. Lavin’s constant involvement with the OSI Industries resulted in him becoming its owner.
Because of Sheldon Lavin’s leadership and his business vision, the OSI Group dramatically grew and evolved from being a domestic food processing company to a worldwide leader in the industry. Currently, the company is operating in over 60 locations in 60 various countries all over the world. In one of his recent interviews, Mr. Lavin shared that right from the start, he envisioned the company to be a world-class food processing business. The company has over 70 food processing facilities all over the world.It continues to produce protein products as well as vegetable items, sauces, and baked goods.
When asked about the company’s culture Mr. Lavin shared that OSI is not like the typical company with someone at the top doing all the orders. Sheldon Lavin says that while there are strategies and rules to be observed, budgetary limits, and levels of responsibility, OSI functions more like a family. The president added that their culture has evolved because they found out that it was the best way for them to do business. Sheldon Lavin also said that he loves innovation and claimed that it is in every strand of his DNA. However, he revealed that innovation is given great attention to OSI. As parting words, Sheldon Lavin said that he envisions OSI Group to achieve profitable growth. OSI Group is equipped to be one of the leaders in the food industry all over the business world, the president said.