How Singapore's GIC spots tech unicorns in their infancy

“We are almost at the point where every company is a tech company.” The sovereign wealth fund's co-heads of technology investment outline their approach to the sector.

More and more investors are clamouring to identify technology unicorns’ ahead of the game by pouring money into early-stage venture financing in what is a particularly notable trend among sovereign wealth funds.

But Singapore’s GIC already has a huge head start on most of its peers, having expanded into private venture capital investment by opening an office in 1986 in California's tech mecca, Silicon Valley. Other state investors are increasingly following suit.

Chris Emanuel and Jeremy Kranz, San Francisco-based co-heads of GIC’s technology investment group, are better placed than most to track how the venture capital landscape is shifting and to adapt accordingly.

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