On Today’s episode, we dive into the world of Family Office Investing with Ronald Shon from REDDS Capital.
We talked about to him the beginnings of his family's real estate empire, the Shon Group, which flourished in Vancouver since 1954. Following his education at Stanford and Wharton, Ron took the helm of the business after his father's untimely passing, eventually diversifying into technology and venture capital investments, driven by a pivotal investment in Apple stock that revealed the limitations of real estate compared to institutional investing.
Today, as the head of REDDS Capital, Ron emphasizes their distinctive approach to startup assessment, not only providing financial backing but also offering strategic guidance and networking support to foster innovation and growth within their portfolio companies.
About Ronald Shon:
Ronald Shon Chair & GP of REDDS Capital in Vancouver. He has investments in technology, education, real estate, natural resources, fashion, private equity, and venture capital primarily in North America and Asia. He was a founding shareholder of Salman Partners Inc. an independent boutique investment banking firm that has raised over $20 billion CDN.
In this episode, we discuss:
(01:11) News Round-Up with John Ruffolo
(18:32) Ron Shon's Journey into Real Estate and Investment
(21:14) Transition from Real Estate to Technology and VC Investments
(23:50) How Ron’s international worldview impacted his perspective in Vancouver
(25:18) Insights on Real Estate Development and Challenges
(31:09) Investing in Technology and Venture Capital
(34:50) Assessing Potential Startup Investments
(39:06) Impact of Investments and Future Plans
(47:50) Advice to his children and the next generation of investors
🎙- Favorite Podcast: Fast Money
📲- Favorite Tech Gadget: iPhone
📈- Favorite New Trend: AI
📚- Favorite Book: The Fourth Industrial Revolution
🤔 - Favorite Life Lesson: Always have a plan