A small number of venture capital funds with a lean focus have been around for a while. Now there’s another one – in
Mekong Capital (based in
Like most venture capital firms, its goal is to find private companies, buy part of them and make money by taking them public.
The companies sought will generally be two to four years away from going public on
What kind of improvements? That’s the interesting part. The fund says it will focus on companies involved in manufacturing, branding and distribution. According to the news release, this focus “leverages Mekong Capital’s strengths relating to manufacturing – such as lean manufacturing, six sigma, activity based costing, as well as Mekong Capital’s experience working with manufacturing companies to improve operational procedures and strengthen management teams.”
Equally interesting is that this fund, unlike
This kind of
But my culture shock aside, it’s important for lean devotees to keep in mind that lean is just as global as today’s markets. As more and more companies worldwide adopt lean philosophies, a lean strategy becomes less of a competitive advantage and more of a basic requirement to stay competitive.
So as you keep an eye out for new competition, be aware that it may be coming not just from across the street, but from across the ocean.
Incidentally, the first