NEW YORK, Feb. 11, 2014 /PRNewswire/ -- Tsai Capital Corporation, a leading long/short global equity manager, today announced the launch of Tsai Ventures, the seed and early stage venture capital arm of the firm.
"We look for hungry entrepreneurs with disruptive ideas and a big market opportunity," said Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation. "Having invested with a long-term outlook for 16+ years in publicly traded companies, our goal is to leverage that experience in order to identify the most promising new ventures with significant upside potential."
Mr. Tsai, along with Tsai Capital advisory committee member Justin D. Soffer, will primarily focus on investment opportunities in finance, media and travel. Additionally, they will use their extensive network to generate and foster relationships for entrepreneurs.
"Unlike many other venture capital businesses, Tsai Ventures isn't going to invest in hundreds of deals just to have one or two winners," said Mr. Soffer.
"Even if it means making fewer investments, we will opt for quality and conviction over the pressure to distribute capital," added Tsai.
For the time being, Tsai Ventures will only deploy the proprietary capital of Tsai Capital Corporation. Interested investors can contact Tsai Capital to be added to a wait list for future co-investment opportunities.
To learn more about Tsai Ventures, please visit: www.tsaiventures.com.
About Tsai Capital Corporation
Tsai Capital Corporation is a long/short global equity manager headquartered in New York City. Through original, in-depth research that digs deep into a company's operations, Tsai Capital seeks long-term investments in a limited number of high-quality, growth companies that offer significant upside potential and a margin of safety at the time of purchase. The company was founded in 1997 by Christopher Tsai, President and Chief Investment Officer. Tsai Capital is an SEC-registered investment adviser. For more information, please visit: www.tsaicapital.com
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SOURCE Tsai Capital Corporation