This article was first published on Robb Report Singapore, written by Justin Choo.
Change is the only constant in life. This is something that Aaron Tan, co-founder and CEO of Carro, knows all too well. In his youth, he had more than his 15 minutes of fame as a young entrepreneur, having founded two tech start-ups. And that’s long before start-ups became a buzzword. Despite his early success, he chose to pursue higher education, earning himself a scholarship and winding up at Innov8 as a venture capitalist.
It was then that during a fateful meeting with LinkedIn founder Reid Hoffman, who urged him to look at the up-and-coming Tesla, Tan saw the potential of an impending change in the automotive industry. He decided to take a plunge into the deep end. “You know what, I can come back to doing venture capital anytime. Why don’t I go and start something new?” he reasoned. And the seeds for Carro were sown.
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