Wednesday, November 22, 2006

The Heckler




Just watched the video where Kramer (Michael Richards) basically ends his career. The video isn't bad. It's very very bad. You know when your just absolutely shocked and your jaw just drops to the floor in amazement? That pretty much sums it up.

I know its hard to apologise after the event as he did on Letterman. But I don't think we should crucify the man. We all make mistakes, and he made a big one in public. He flipped out. Cracked under pressure. Couldn't hack it when someone heckled him. Yeah, he probably should have retorted with a smart ass comment without resorting to angry racist remarks.

I mean far out, he didn't even attempt to be funny - he just ripped those two black guys to shreds. I was waiting for the punchline, but there wasn't any! It is disgraceful behaviour. However, I don't believe that deep down he is racist. He just lost the plot.

Maybe, i'm a bit more lenient towards him cause I love Kramer on seinfeld. But should I separate the character from the man?

I'm out like Kramer's comedy career

or

I'm out like the Thorpedo

Monday, November 20, 2006

If it ain't broke, don't funk with it.


"I know you got soul!" - Eric B & Rakim

Last Friday night, when the rest of y'all were either drinking, clubbing in the city, crashing into bed after a long day in the office, or catching Borat at the cinemas, I ventured out into the white elephant formerly known as Fox Studios.

I rocked up at 9.45pm hoping to be entertained for the night. Damn, I'd been working 12 hour days for the past week or so and needed a break. Something to look forward to. What better way than to spend it watching a live funk/soul band called Breakstra?

I must admit I've never heard of Breakstra before last Friday. In fact, I was just hoping to not be ripped off after spending $45 on a group I've never heard of. Hailing out of Cali-for-ni-a, they brought the funk (and loads of it).

Performing live, they used a mixture of electric guitars, saxophones, keyboards, and drums. There actually wasn't much singing, though they did have female vocalist who was mediocre at best. But Breakstra brought it, playing song after song continuosly for about 1.5 hours. There wasn't a break inbetween songs, and seamlessly floated into the next song. It was a just a fusion of live instruments, funk (that's right funk, not crunk), solo performances, riffs, breakbeats, and some crazy renditions of classic songs.


I think the best part was when they played classics like James Brown and The Incredible Bongo Band's "Apache". There were even a few beats I reckonised from the Roots - I've actually read that the ?uestlove of the Roots sampled some of their stuff so I'm not surprised. It really was like James Brown meets the Roots while jamming to George Clinton. In short Breakstra was off the hook!

Interesting sidenote, I must have been the only Asian in the whole club. Ok, Ok, there were a few other token Asians, but it was a predominatly white (Caucasian) crowd. I reckon that the people that truly appreciate true soul/funk music in Australia are predominatly white.
Anyhow, awesome band though some of their stuff did start to sound repetitive but they broke up with some vocals and nice solo jams. And the saxophonist (if that's a word) was just amazing. He did an excellent vesion of DJ Kool's "Let me clear my throat" and the crowd went off!

DJ Ho rating: 9 outta 10.

I'm out like token asians at Breakestra,

DJ Ho

p.s. for an awesome rnb and soul podcast check out Chromegat's (obifromsouthlondon) playlist. Where you at dude?

Friday, November 10, 2006

Dunk you very much

It's a Saturday morning, and I've been up since 7Am on youtubes checking out the top 30 NBA dunks of all time. After this, I'm going to my mates house to watch game of the week: Miami Heat v New Jersey Nets.

The Dunkoff by DJ Ho

Perhaps your into the classics like Jordan and Domnique
The newer versions are Kobe and J-Rich who are a lil more sleek
Bringing the ball between the legs for a dunk
But the original was the East Bay Funk
Perfected by none other than Isiah Rider
However, the purists say there's nothing finer
Than a reverse dunk by Harold Miner
Cedric ceballos and Dee Brown did it blind
Little guys like Spud Webb and Nate Rob blew my mind

I can't choose between a 360 degree pump by T-Mac
Versus the rocket explosion of Franchise to the rack
How did Nique get 45? The judges must be on crack
Bring an extra backboard if Shaq attacks
The Reign Man comes down with the raw power
But I prefer the finesee of Stanbury's 360 tower

Dr J defied gravity by taking off from the free throw line
23 then wowed us with his hang time
So I didn't think mankind could jump any higher
Until I saw Josh Smith a frequent flyer
He elevates and gets up so quick
Like Neyo said, he's "so sick"

However, the greatest dunker in my mind
Has a combination that is one of kind
Strength, vertical, finesse, footwork and flair
More than just hanging in the air up there
Taking a lil bit from Jordan, Dr J and Dominque
Adapting it with his own style making it unqiue
It's Vince Carter, just ask Federic Weis.

Wednesday, November 08, 2006

I want.......

"Human wants are limited only by one’s imagination. Through human development, the more an individual sees and learns, the more their curiosity is awakened. This leads to the desire for different objects to rapidly intensify and multiply. Effectively, this causes human wants to be unlimited in number.................... "

- Gide

------------------------------------------------------------------------------
I want my own car
I want to move out of home
I want to go travelling overseas
I want a masters qualification without doing the study
I want Boris Diaw to put up decent stats
I want to be able to cook
I want to dive into a pool
I want to work in the NBA
I want to be able to speak Mandarin fluently
I want a Grant Hill throwback jersey
I want to dominate in a basketball game
I want an arcade pinball machine
I want to be a kung fu master
I want $$$ and lots of it
I want it all

---------------------------------------------------------------------------

".........However, wants are limited in capacity because a fixed quantity of resources can satisfy these wants. If one is thirsty, a certain amount of water can satisfy that need" - Gide

Sunday, November 05, 2006

Black Donnellys v Dirty Pop

Been introduced to this new TV series by Rahul called the "Black Donnellys". I've only seen the pilot episode but its an interesting twist on the typical mob genre with these 4 Irish brothers (pictured above):

"The Black Donnellys follows the exploits of four young, working-class Irish brothers. Their involvement in organized crime in New York City will put their life at risk and they will do anything to protect each other from the hostility between them and the others New York families who want their territory. The series is produced by NBC Universal Television Studio in association with Blackfriars"


The first episode shows three brothers getting into deep do-do by robbing a truck of Hawaiian shirts, kidnapping a mob boss's nephew and then indirectly taking over the neighbourhood by killing the Italian and Irish mob boss.

DJ Ho @ Dirty Pop, Tank Nightclub



Checked out Tank Nightclub for the opening of their new night Dirty Pop. Went with Ed, Chuck, Rahul, Jen x 2, and a host of Sydney Techers. It was pretty good. The top level is the back of the Establishment and the bottom level is the basement of the Establishment. They had two rooms going downstairs, new/old skool rnb in one room, and 80's/90's pop in the other room.

I didn't realise at the time but that there was a second entrance at the back of the basement. When I eventually arrived downstairs the main area was empty, but everyone had filtered into the 80's/90's pop room from the back entrance.


Highlight of the night would have been this impromptu break dance battle. These guys decked out in semi-break dance gear were doing their thing. They started krumping, popping and locking, doing headstands, etc... A mate of mine, Ian couldn't stand it any longer, and jumped in and battled one of them wearing his work clothes - suit and all! He actually was pretty good. But then these guys who were obviously pros, didn't want to be embarrassed in public by some guy from an accounting firm, decided to blow everyone away with windmills and an inverted hollowback (I checked with my bro for the proper term, see pic below).



My chiropractor doesn't recommend this

Overall it was a good atmosphere, diverse crowd, expensive drinks (but all clubs are), excellent music.

Tuesday, October 31, 2006

il rated v shiekn & stirred


Il Rated (The Kim Jong remix)

Kim Jong Il, the North Korean dictator is a huge............Chicago Bulls fan? Get out of here, I hear you say! Well according to the San Diego Union Tribune:

"While the rest of the world watches Kim Jong Il, fearful of North Korea's nuclear threat, the dictator often can't take his eyes off the NBA......."

"By most accounts, Kim is a totalitarian despot who is hell-bent on developing nuclear weapons to gain diplomatic leverage against the rest of the planet and who may or may not sell that technology to raise cash for his impoverished nation. But he also is an avid basketball fan, experts on North Korea say, so much so that he is said to have regulation courts at most of his palaces plus a video library of practically every game Michael Jordan ever played for the Bulls."

“Kim doesn't want to die,” Sen. Rick Santorum, R-Pa., said a few years ago after one of Kim's missile tests sent waves of fear across the globe. “He wants to watch NBA basketball.”

Think the Miami Heat will win again this year? I might get Kim Jong to nuke you!

Shiek(n) and stirred


Yes, I'm glad Shiek Hilaly stood down (DJ Ho edit: Apparently he hasn't stepped down, only because of his illness). You can't blame women for getting raped for wearing skimpy clothing. In the one speech he said the following stuff below. I've paraphrased but if you want the full english translation click here.

"But in the event of adultery, the responsibility falls 90 per cent of the time with women not men. Why? Because the woman possesses the weapon of seduction."

No! Men and women are equally responsible for their actions. Men also posses the weapon of seduction (well, we think we do!). That statistic is hugely skewed.


"She is the one who takes her clothes off, cuts them short, acts flirtatious, puts on make up, shows off and goes on the streets acting silly. She is the one wearing the short dress, lifting it up, lowering it down, then a look, then a smile, then a word, then a greeting, then a word, then a date, then a meeting, then a crime, then Long Bay Jail (laughs), then comes a merciless judge who gives you 65 years... "

I'm not even going to comment on this one. That is just wrong. I can't even fathom how he could even say that stuff.

"If one puts uncovered meat out in the street, or on the footpath, or in the garden, or in the park, or in the backyard without a cover and then the cats come and eat it, is it the fault of the cat or the uncovered meat? The uncovered meat is the problem. If it was covered the cat wouldn't have... it would have circled around it and circled around it, then given up and gone."

What an idiot! This analogy is degrading to women. He is squarely putting the blame on women that get raped, not the sexual predators themselves. A woman should be able to wear whatever she wants without feeling a shred of guilt. They should not be held accountable for the reactions of men. Being "uncovered" does not invite the unwanted sexual advances of men. It might encourage it but a woman should be able to refuse it if she so desires.

I am suprised that the Muslim community has put up with his views for so long. The current comments outlined above have marginalised and divided the Muslim community. And I would think, based on what I have been reading in the newspaper by other prominent Muslims, that the majority do not agree with what he has said.

I'm out like Kim Jong Il's Michael Jordan video collection,

DJ Ho

Saturday, October 28, 2006

Music Recommendations

Yo, what up punks?! I haven't blogged about music in a while or gone to any concerts recently. Been caught in the 9 to 5 work game for too long. Here are two music recommendations for y'all.


Dance with Me debuts on 96.1FM

A good mate of mine Bosco aka 2Bsharp is a fledging producer and has made his first radio debut. The Edge 96.1 FM featured his hot new track "Dance With Me" in its rotation yesterday. The track features 2bsharp laying down a soulful speedup beat with OnlyKC supplying the buttery smooth vocals. You can check out his music on his myspace page. The song has a really catchy chorus and we'll soon be singing "What up Ma, come and dance with me " in da club.


Jesus Signs

Wow, this a piece of genius right here. It's an excellent parody of the Snoop Dogg/Justin Timberlake song "Signs" remixed into a Christian song. When you first hear it, it sounds a bit lame but trust me its really good. Even if you ain't religious, you should check it out cause its funny and just amazing how they actually put it together. Props to Howard for giving me the heads up. The video is produced and features a dude called Joseph Smith, who was a few grades above me in high school and might have been the school captain.

Wednesday, October 25, 2006

What's your fantasy? (NBA)

It's NBA season soon and of course that means Fantasy NBA season is on. I'm in 2 Fantasy NBA drafts at the moment. These are my random points for this season:

- I hope Darko Milic becomes the player we all want him to be. To realise his potential and put to bed those ideas that he was a bust. Redemption baby. I believe this guy has talent but didn't have the confidence or opportunity with the Pistons. In a way, I'm rooting for him cause he's kinda reminds me of myself.

- Rajon Rondo v Sebastian Telfair: Unfortunately, I didn't stay up for the 11pm fantasy draft on sunday so i got auto picks. I didn't get a decent point guard, so I had to take a free agent gamble. I picked up Rondo and I know this sounds bad - but I'm banking on Telfair going to jail over his involvement in shooting the rapper Fabolous.

- Somehow I managed to pick up 3 triple double threats: Lebron James, Lamar Odom, Boris Diaw. Luck or genius in letting the computer pick for me?

- J.R. Smith: Again, I hope he does well. The Hornets traded him, and the Bulls basically gave him away to the Denver so they could acquire Adrian Griffin. You never like to see a young player with loads of talent get labelled with a attitude problem. Play some D son!

- The darkhorse this year I reckon will be the Orlando Magic. Dwight Howard is low post monster and is a beast. Once he refines his offensive game and meshes with Darko Milic - who complements him quite well with his shooting, they will be unstoppable. Add in the improving Jameer Nelson and the so called "best shooter in the world" JJ Reddick, they should make some noise. And they have this guy called Grant Hill on the team?

- Will the three headed monster of Jason Maxiell/Nazr Mohammed/Dice be enough to replace Ben Wallace?

- Will the game change with more uptempo style with skilled smaller players ala Phoenix Suns/Mavericks? I reckon its awesome how the Suns force other teams to go with smaller lineups by using Boris Diaw at centre. Now with Amare back will that change their style?

Only time will tell.

I'm out like the NBA off season,

DJ Ho.

Saturday, October 21, 2006

I wonder where my life will take me. What is to be and what is to come. At the moment I have some idea where I want to go. No definite ideas, perhaps a few dreams. Are they real, will they ever come to fruition?

I just want to be successful in life. Is that asking too much? Perhaps we should be striving to be satisfied in life. Not meaning that we should be content to be happy with what we have (and that's perfectly fine) but looking to obtain a good quality of life. It's hard to express what I really mean, but I don't need to be filthy rich (though that'd be nice!) or the CEO of a fortune 500 company (yet!)

I want to be satisfied that I've achieved the goals that I've set for myself, have a healthy work/life balance, to grow as a person, to have good friends that I can laugh with and occassionally bitch to when things aren't going so well.

My career is important to me, and a lot of times I put this above everything else. I've worked my whole life for this. Or perhaps its that my parents worked their whole life for my career. Everything has been a stepping stone and a sacrifice. From the moment I entered primary school, then high school, uni and now the workforce. Working is just the next phase of my life - well for about 40 years or so.

I gotta find some things that I'm really passionate about and to really go after it. Unfortunately, there aren't many jobs for full-time bloggers. Or basketball players that are 6 foot that are slow, unfit and don't have a consistent jumpshot.

Thursday, October 19, 2006

Bob's Your Uncle

From Wikipedia, the free encyclopedia:

"Bob's your uncle is a slang expression in British English meaning "no problem" or "the solution is simple", as in: "insert the plug, press the switch, and Bob's your uncle."

Is it not an outrage that Bobby Flynn has been kicked out of Australian Idol?

With a voice that is so calm, relaxing and soulful. A voice that hails back to an era long gone. The guy that stunned the nation with his remake of the Rick James classic "Superfreak". Bobby is just so easy to listen to. If he releases an album, i'll be the first to download it.....oops I meant buy.

It's typical of these so called fans that vote on Australian idol to go for the hot guy, the young girl that they can identify with, rather than someone with true talent. Yeah, he has an afro. He can't dance. He's been called a "full mong" by one of the judges. He's not your conventional pop star. His hand shakes uncontrollably when he sings.
BUT HE'S GOT TALENT!!!!! HE CAN SING!!!!
Bobby Flynn should be in Australian Idol. And Bob's your uncle.

Tuesday, October 17, 2006

Hot Off The Press

Didn't I tell you two weeks ago? Yes, Aleks you read it here first!

------------------------------------------------------------------------------------

Private equity squeezes $202bn profit from an increasingly sceptical world

The Australian
Tom Bawden, New York
October 17, 2006

PRIVATE equity firms have earned worldwide profits of $US152 billion ($202.5 billion) in disposals made in the past year, a figure that will fuel the backlash against the industry's rapidly growing economic power.

Firms including Permira, Blackstone and Kohlberg Kravis Roberts (KKR) jointly returned $US130 billion of profits to investors and retained a further $US22 billion themselves from sales, floats and refinancings, according to Private Equity Intelligence, a research group.

Bain Capital, Texas Pacific and Goldman Sachs are expected to net about $US2 billion in profits by the time they finish divesting their stakes in Burger King, which they floated in May after three years' joint ownership.

Debenhams, the chain store, which also floated in May, is on course to yield CVC Capital Partners, Merrill Lynch and Texas Pacific more than pound stg. 500 million ($1.24 billion).

The bulk of private equity profits are made from the sale of investments that are between three and seven years old - the typical period of ownership. (DJ Ho - I quoted approximately 5 to 10 years)

Last week, the US Department of Justice launched an investigation into possible collusion among leading private equity firms to keep down the prices they pay for companies. The buyout firms KKR, Carlyle Group and Silver Lake Partners are understood to be among firms from which the department has requested information.

Institutions have argued that management buyouts - as distinct from those private equity deals not involving the target company's executives - are an area of particular concern to institutions because, they say, these deals pose significant conflicts of interest.

The managers had a fiduciary duty to get the best possible price for their company, but, on a personal level, the lower the price the greater their potential payout when the business was next sold.

Saturday, October 14, 2006

Survivior: Race Wars

I've had a really busy week. Been putting in the long hours. Went to work on Saturday, clocked in at 11.30am and left at 11pm. Then went to Martin Place Bar and went clubbing til 3am in the morning. Was going to leave at 1am but then I met M* (see footnote).


Outwit, outplay, outlast , ............outrace. This year's Surivor: Cook Island series is very interesting because they included players reppin' 4 different races and divided up the tribes into racial groups. It's sparked a whole new level of interest in the show. And controversy. But hey, controversy has always been good for ratings right?

It's no longer just a match of brains v braun, young v old, male v female. It's race against race, player. African-American. Asian. Caucasian. Latino's.

So far, the Asians have been kicking ass. REPRESENT! But honestly though, I think it's good how they have done this way. It's a social experiment so see how people perform when they are put into their own racial groups and unite against other races. And it's also interesting seeing how even within the racial groups, there are similarities and differences. Take the Asian group for example, you've got Koreans, Chinese (I think), Viet, and a Filo.

Sure it creates controversy and I'm sure the viewers make a lot of inappropriate racial comments when watching the show - it's a natural reaction. But who cares? It's entertaining TV!

Do people perform better when they work with others of similar racial backgrounds?

I work with a lot of Asian people but I'm not sure how to answer this question appropriately. I believe that some people would feel more comfortable working with others of similar cultural/religious descent. Sometimes at work, I might be more comfortable bringing up a issue with another person of the same background. But that's just natural. You are going to more likely click with people of the same race because you have something in common.

Maybe an alternative question could be put this way: If you could choose to work with people of the same race, would you choose that option?

$64 million dollar question: Where did they get those Asian guys in the show from?

These guys are like....really built. Cut. With 6 packs. I've never come across any Asian guy that have bodies like them. Of course, these guys are not representative of the stereotypical asian male. I'm sure there was some underlying factor why they chose them i.e. to assist the Asians to win some of the more physical challenges.

I'm out like Surivior race wars,

DJ Ho.

*You'd like to know more wouldn't you?

Sunday, October 08, 2006

Sneaker Pimps

Air Jordan 11

"The first thing people notice about you is your shoes"
- Anonymous

There's something about walking into a sneaker store. Scanning your eyes from the top to the bottom of the racks to check out the latest kicks. You grab one off the wall, check out its exterior, rotate it, flip it, peer inside, examine the price tag, and admire it in all its glory.

When I was in primary school, I was one of the first kids to be rocking a pair Nike Air Force. Kids would be staring at my kicks and whispering "where did you get them from?". I was quite lucky - a relative in Hong Kong had sent me a pair as a gift. I had no idea the ripple they would cause in the ashphalt playgrounds of primary school.

Soon I graduated to High School and also graduated to Converse. Although Nike was dominating at the time, a kid had to roll differently. Somehow I convinced my mum to buy me a pair of Kevin Johnson Converse React's. Black with blue wavy stripe down the side, the sole contained a yellow blob of react juice. It was supposed to make you jump and play like KJ (that obviously didn't happen).
After the react juice blob fell out of the shoe's sole, I desperately took it to the shoe tailor and pleaded with him to repair it. Unfortunately, I was told it was too expensive to repair and was better off buying a new pair.

Sole to Sole

Distraught from the Converse experience (How could a shoe made in China fall apart like that?), my love affair with Nike was rekindled as I remained loyal to the brand for the next decade. The Nike Air Max shoes had come back into vogue and I must have gone through 3 or 4 pairs of them in high school. You see a kid had to upgrade each year. With each pair, the bubble extended further to encompass the length of the shoe.

Graduating high school, I then moved onto uni and my Nike collection again expanded to include my first pair of casual low cut Nike sneakers: Nike Air Cortez which I still wear today. I could have gone with the Adidias Superstars, but hey I was a Nike man and I was going to stick with them.


Only recently, I have bought my first pair of sneakers that haven't been Nike. A flashy pair of And1's, the new shoe for wannabe ballers.

Even though I don't have an extensive collection of sneakers, I still love the smell of fresh sneakers, reading about them, visiting the old Nike factory at Petersham (RIP), and now the one in Auburn. There's nothing like the feeling of walking into a store searching for a pair of cheap kicks.

Pimp my sneaker

I've spent most of this Sunday afternoon checking out various sneaker websites. I started watching a couple of videos of the top sneaker stores in New York (if you click on the link - scroll down to the bottom and click on the picture of Flight Club, Dave's Quality Meats or ATMOS). The Dimemag crew go to Flight Club in New York, which is a store that sells sneakers on a commission basis. Members of the public bring in their shoes and split the proceeds 80/20 in favour of the seller, so the store keeps 20% of the sale price. The sell their shoes through the vintage kicks website.
Air Jordan 1 Retro

Then there's Dave's Quality Meats, which is a store in New York modeled on a butcher shop style concept. The sneakers are like the prime Cuts, and the t-shirts are on a meat rack. Just watch the video, it explains it better. Of course, Japs do it better with ATMOS. I also came across this store in Boston called Bodega, which is just unreal. The shop front is like a convenience store but hidden in the back is a state of the art sneaker store complete with DJ Booth!

Keeping with the food concept, check out Pharrell's Reebok Ice Creams. You know that line in Drop It like It's Hot where Pharrell says: "Uh! I'm a nice dude, with some nice dreams/See these ice cubes, see these Ice Creams?". And I gotta mention the BAPE shoes (A Bathing Ape). It's a popular Japanese streetwear lable and now mainstream in the US. All the shoes look like they are very similar to Nike Air Force 1's - check'em out.

I'm out like Ice Creams,

DJ Ho.

Wednesday, October 04, 2006

Barbarians at the Gate

It's Private

One thing that I've been interested in lately is an industry known as "private equity". I must say that its been in the news a lot lately. Especially after the biggest private equity deal in Australia with Kohlberg Kravis Roberts (KKR) buying a part of Brambles. There has also been rumours that the Coles supermarket might also be bought by KKR.

Everytime I pick up a financial newspaper or a business magazine, the phrase "private equity" is coming up more often. I'm not sure why I'm interested in it, but its definently more than a trend. It's becoming a lot more prominent in the business world.


I guess the starting point is - what is private equity?

A lot of people get it confused with the term "venture capital" and perhaps even "hedge funds".

I would argue that private equity is a form of financing. It is commonly used when a company (typically an unlisted company) is seeking finance but might not be able to go down the traditional route and obtain a loan from a bank. What happens instead, is that a private equity firm would provide the finance in exchange for a controlling stake in the business. It might even buy 100% of the business and gain control of it.

The private equity firm would seek to shake things up in the company by streamlining operations, making the business more profitable, installing more appropriate management, basically restructuring the business.

The aim of all this is simple: it is to invest in the business for the medium term and exit in 5-10 years. Exit typically happens via:

- IPO (initial public offering),
- sale of the business to someone else e.g. management, another company, or even a another private equity firm.

To analogise, private equity (PE) is similar to a property investor who buys a bargain house and renovates it, hoping to resell it at higher price in 5-10 years. The difference is that your buying a business instead of a house. Private equity houses usually seek to buy an underperforming business at a discount, pump it full of debt finance, renovate and resell.

The reason that they have to resell in 5 to 10 years (or a similar approximate timeframe) is that they raise the money via funds from investors and must return the money to the investors in 5 to 10 years. Hence they must "unwind" all their investments after 5 years.

Private equity firms sometimes concentrate on a particular industry sector while the bigger ones simply buy any kind of business from health care, transport, consumer goods, etc... Half the time is spent looking after their current investments and the other half in originating new deals (e.g. scouring for new investments).

Venture Capital

Private equity is to be contrasted with venture capital (VC's) which typically seek to fund businesses in the earlier stage of the life cycle. You often hear about entrepreneurs going to VC firms to finance new business. I guess you could say that venture capital is a form of private equity aimed at start up businesses.

Usually these businesses backed by VC firms are in IT companies, biotechnology, health care or have higher risk profiles than your normal mom and dad type business. The reason is that your normal bank is not going to touch these types of businesses with a 10 foot pole. Financial institutions typically look for stable businesses with predictable returns. VC's and private equity houses are have a bigger appetitie to take on more risk for higher returns.

What makes VC's and PE finance attractive is the people that supply these finance offer more than just money. They are willing to get involved in the business and offer their expertise in finance, strategy, marketing or general business nous. That is why you find VC's and PE houses stocked with ex-investment bankers, strategy consultants and people with expertise in the fields that the houses specialise in (i.e. health care business managers in health care VC's).

The Major Players

The big US firms (i.e. the major players) in private equity are Kohlberg Kravis Roberts, Carlye Group, Blackstone, Texas Pacific Group and Bain Capital. In Australia, we have firms such as Ironbridge Capital, Allen & Buckeridge, Private Equity Partners, and Champ Ventures.

The biggest and most famous private equity buyout was by Kohlberg Kravis Roberts, who paid $33 billion dollars for the biscuit company RJR Nabisco. It is by far the biggest amount of debt paid by a private equity firm which is never to be repeated again. They even made a book and a movie about it titled "Barbarians at the Gate" to emphasise the corporate greed of the 1980's.

Sunday, September 24, 2006

A Hip Hop Snapshot

Mobb Deep @ Metro


Havoc and Prodigy rapping at the Metro @ Town Hall.
I can clearly say that this is one of the worst hip hop concerts I've been to. It was an hour of performing all their new stuff from their latest albums before they finally did their classic songs like Shook Ones and Quiet Storm. Meanwhile they kept screaming out "G-Unit" every chance they could.


The Alkaholiks @ Gaelic Club


J-Ro (White hat) and Tash (Blue shirt) rocked the Gaelic Club.

The GZA @ Home

The Genius rapping til the sun came up.

Monday, September 18, 2006

Racism still alive they just be concealing it

Racism still alive they just be concealing it/
But I know they don't want me in the damn club/
They even made me show I.D to get inside of Sam's club/
It really pisses me off when I get refused entry into a bar or a nightclub. It hasn't happened to me that often (I struggle to recall the last time), but last Friday was really something. A work friend was having her farewell drinks at The Loft @ King Street Wharf.

I arrived at 7pm, rocked up to the door and said "Hi, How's it going?". The door bitch didn't sound so excited so see me there. There were two bouncers also at the door. The one carrying the "Black book" asked me if we were on the guest list. I was thinking "What? Oh, we are with A from work". I knew that our friend wouldn't have any guest list being a last minute decision. And I knew by the way that he looked at me, he wasn't going to let me in.
"You are not on the guest list and we are full tonight. Perhaps you should try next door at Bungalow 8?"

That really annoyed me, the fact that he probably didn't even check the guest list which we both knew we were not on and his excuse that it was full. Me and my two companions trudge to the sidewalk, and call up our friends inside. Their response "It's not even full!? That's BS!!"


This picture is taken from a website which orginally took it from the Loft website. How's this for publicity?

As soon as we hang up on our phones and turn around, the bouncers let in a flood of (let's be politically correct) here, a bunch of white females. Then an Australian couple rock up and they have no problem getting in. And to really top if off, one of our friends rocks up by herself. She happens to be another Australian white female. Just out of earshot, they gave her the preliminary question "are you on the guest list"? She says "No, but my friends are upstairs" and points inside. The bouncers motion at her, and again, the magic door opens for her.

I think out of all the people they let in, the last person who we knew, that really made me mad. Here we are, going to the same bar to meet the same people. She was allowed in essentially with no questions asked.
My only crime? Being an Asian male.

Crime by association? I was with another Asian male and Asian female.

Victim of fashion perhaps ? The fact that I was dressed casually but they let in a whole bunch of other people in casual clothing.


More pictures of the dungeon known as the Loft

I could have walked up to the bouncers and the door bitch and given them an earful. But I was too mad, too worked up, too embarrassed, too ashamed, too pissed off.

I could have called up some of our friends to help us get in but I guess I wasn't in the mood to go into a place where the staff are giving me attitude.

The fact is the three of us were there to farewell a good friend of ours and simply looking for a good time. And that just ruined it.



We tried our luck at Bungalow 8, and again we were refused entry. Apparently we were dressed too casual, the bouncer pointing at me and my other friend. But the funny thing was, there were other people inside that we dressed casually. I have never had a problem going there but usually I've been in work clothes.

I had enough of this attitude from the bouncers at King St Wharf and went to O'Donoghues and an Irish pub nearby. One of the few places in that part of the city that don't question what you wear or what nationality you happen to be, as long as you produce evidence that your over 18. then it was off to a high class joint like Scruffy Murphy and Pavillion, where all they want to check is if you are carrying weapons.

Charlie Murphy! Scruffy Murphy! An uber high class bar in the Chinatown precint

Hey, I'm Asian, we all must be carrying machetes, knives and guns. That's why they don't let me into places like The Loft.

I'm out like racist bouncers at the Loft,

DJ Ho.

Thursday, September 14, 2006

To Live and Die A Rap Immortal


I hear the doctor standing over me/
Screamin I can make it/
Got a body full of bullet holes layin here naked/
Still I, can't breathe, somethings evil in my IV/
Cause everytime I breathe, I think they killin me /
I'm having nightmares, homicidal fantansies/
I wake up stranglin, danglin my bed sheets/
I call the nurse cause it hurts, to reminisce
How did it come to this? I wish they didn't miss/
Somebody help me, tell me where to go from here/
Cause even Thugs cry, but do the Lord care?

Only God Can Judge Me - 2pac

I didn't realise it at the time when Nate sent around this article about 2pac yesterday, but it was 10 years since the very day that 2pac passed away.
He was a great rapper - in my top 5 of all time. Admittedly all his songs aren't that great, but he's definently got some really good songs in there. I first heard 2pac on his All Eyez on Me album, he just seemed like some glorified thug. To some of us he still is. It wasn't really until I got his older album "Me Against The World" and the album released 13 days after his death "Makaveli" that I really started to appreciate his work.
He had the deep lyrical songs like "Life Goes On", "Only God Can Judge Me", "Brenda's got a baby", and "Dear Mama" which made you sit up and think. Switching it up he had the songs with the party vibe like "California Love", "How Do You Want It" and "Toss It Up". And who could forget the straight up angry Pac with "Hit'em up"?

To live and die in LA, where everyday we try to fatten our pockets/
Us niggaz hustle for the cash so it's hard to knock it/
Everybody got they own thang, currency chasin/
Worldwide through the hard times, warrior faces/
Shed tears as we bury niggaz close to heart/
What was a friend now a ghost in the dark, cold hearted bout it

- To Live and Die in LA by Tupac Shakur


Sunday, September 10, 2006

Did the world change on September 11, 2001?

Today's date probably doesn't mean anything. It's September 10, 2006. In a few hours tomorrow will come and mark the anniversary of one of man kind's most tragic days. The day that the skies of New York were filled with smoke, ash and the smell of death in the air. The day that the world trade centre came crumbling down (for the second time), and with it the lives of thousands of people. The day that New York, America and the world was never the same again.

It's one of those moments in history, where we all remember where we were. Like how old folks recall when JFK was shot, when the Berlin wall came down, when DJ Kool Herc had his first block party, when Jordan hit that jumpshot in the 98 Finals.

Some of us were up late at night on September 11 watching the news before The Mother Of All Exclusive News break came on. Me? I was sound asleep! I woke up the next morning to the shock of the photograph on the front page of the morning newspaper. I still remember that image. The image that became synonmous with that date:

I come now to the crux of my post: Did the world change on September 11, 2001? Without a doubt it did. The loss of life and the destruction of one of New York's icons shook the Western world to its core. I mean it was New York that was being attacked! America's homeland became the new doorstep of terrorism activity. American lives would never be the same again.



The fact that it could and DID happen in the backyard of the world's most powerful nation. The image that was so symbolic of American capitalism and everything that it stood for had just been torn down into a pile of melted steel and ash. The land of the free lost their sense of security and their ability to move freely without intense scrutiny.

But it was more than that. It affected people in other nations. We came to the stark realisation that a terrorist attack could happen anywhere, anytime. Suddenly New York and major tourist destinations didn't become such "hot" destinations. In the back of our minds, plane travel became a lil different. We became suspicious of people of Middle Eastern appearance. Fear and hatred develped a heightened sense of racism towards anything associated with Arabic people.

September 11 created a butterfly effect. It set off a chain reaction of events. The war on terror. The attack on Afghanistan. The Madrid Bombings. Bali Bombings. London subway bombings. The invasion of Iraq. The countless bombing plots that were thwarted. And many more lives were lost along the way.


Although the world did change since that fateful day, I'm not sure if my own life really changed as a result. I didn't lose anyone due to any of the bombings. I still went to uni, work, in the same way I did pre-September 11. Maybe in Australia we were too remote from the situation, being halfway around the world from New York, New York. But I recognise that the world around me did change and it changed the lives of many people, for the worse.


I'm out like September 11,

DJ Ho.

Saturday, September 09, 2006

W.O.R.K State Of Mind

Stressed Out

Over the last couple of weeks I have been overly busy. Two weeks ago was one of my busiest and most stressful I've had in my life. Dealing with uni and exam pressure was one thing but juggling multiple tasks and meeting work deadlines are another. The thing is, you have to come through. And I feel like I did. I delivered time and time again, like when Guru raps!

I was working til 10pm or 9pm each night. Other nights I took work home to do. And when the weekend came, I spent nearly all of Saturday night and sunday working on three different things. I handled my biz.

The X.O experience with the Likwit Crew
And to top if off, they had Tha Alcaholiks concert on a Thursday night! Got home at 1.30am. Can't believe on a work night, I was bumping to DJ Ticklez spinning Wu-Tang's Triumph @ Gaelic Club, then the Liks came out and the crowd went bananas. I don't know if I can handle going to concerts on a weeknight, especially when I've had such a busy week. Getting too old for this! I promise I'll stick up some photos.

The concert was good, and true to their name, J-Ro ended the concert in a drunken stupor and was kinda unconscious, and about 20 girls from the audience on the stage. Tash on the other hand, with his raspy distinctive voice was off the heezy.

Kebab Shop conversation @ Thursday 10pm

Before the Lik concerts Nate, Plunk, Kris and I hit up a kebab shop near the Gaelic club for a pre-concert snack. I'm not sure how it started but we started throwing up hip hop questions. My recollection isn't 100% (and it never would be before an ALCAHOLIKS concert and if you were under the influence like everyone else). Peep the following:

Best record label?

DJ Ho: Loud (unanimous nods).

Kris: Rawkus records

Nate: Deathrow. They got Dre, 2pac, Snoop.

Nate: Ruthless (DJ Ho laughs). Def Jam (a few nods).

DJ Ho: Sony!

Nate: BMG! Mushroom! Universal! (Group cracks up laughing)

Best Producer?

DJ Ho - DJ Premier. Dr Dre. Timbaland. Swizz Beats (I think someone mentiond them).

Best Hip hop Beat?

I went for the early answer knockout blow with "Shook Ones" by Mobb Deep. Mutual agreement. That's a mad beat. There were some other good nominations like I got 5 on it by Luniz. If I had my time, I would have also gone for some DJ Premo beats and "Guess Who's Back" by Rakim (I think that's the name of the song).

Best Wu-Tang Member?

The conversation then took a heavy slant towards one of hip-hops all star groups - the Shaolin clan. I let the others have their say, but my man Raekwon wasn't getting his due props. I argued that Raekwon's Only Built for Cuban Linxs was superior to any Ghostface Killah album. However, I hadn't heard Rae's followup effort which apparently flopped and the counterargument was that Ghost had two really bangin' albums. Still I went down fighting!

Rankings (Almost unanimous): Ghostface Killah, Method Man, GZA, ODB, Raekwon.

Biggie or 2pac?

Like I was on autoplay - I quickly said Biggie. Ain't no way 2pac matches his lyrical content. Nate took his time and anwered 2pac. I asked him to justify how 2pac comes close to Biggie. Hit'em UP. Changes. I was like no way, if you look at Biggie's whole body of work (Ready to Die, Life after death) which is still relatively short, its quality over quantity. Biggie out trumps Pac in every way. Lyrical flow, beats, content, etc....

The final question as we walked out the shop......

Should the Source be allowed to re-adjust their rankings for 5 mic albums?


Bit of background. The Source was the hip hop bible. The magazine for hip hop heads. Their reviews were critical and to some extent did influence sales of hip hop albums if you took them seriously. I really didn't but I read them like every one else. They ranked albums out of 5, with a mic for each rating. One mic out 5 meant it was garbage. 3.5 was average, 4 was defintnely worth a listen. 5 mics meant it was an instant classic - one of the greatest of all time.

The thing is, a while ago, The Source went back and readjusted some of their rankings including bumping up Biggie's "Ready To Die" from 4.5 mics to 5. Ready to Die is one of the greatest albums of all time and most hip hop fans would agree. Some would even say that changing the ranking to 5 mics was justified.

However, I believe that you have to judge an album at its time of release. In its context. You have to judge it against whatever is out there and in the past. You can't go back, and say, "hey that WAS a classic". Of course you can do that but to legimately review an album you have to make that call then and there. That is what makes the review good, if it can pick out an instant classic.

A lot of this is irrelevant now since The Source's standards went out the window. The founder ordered that a group which he managed, called Mademen be bumped up from 4 mics to 4.5 mics. Benzino, a rapper in the group also had ownership in the Source. Corruption I tell you. Then they gave Lil Kim 5 mics and The Source became garbage.

I'm out like 5 mic classics,

DJ Ho.

Sunday, September 03, 2006

Hova comes to Sydney!


I'm makin short term goals,wonder whether foes/
Just put away the leathers and put ice on the gold/
Chilly with enough bail money to free a big willy/
High stakes, i got more at stake than philly/
Shoppin sprees, copin three, duece fever i guess its fully loaded,/

- Jay-Z on Can't Knock The Hustle

Just found out that Jay-Z is coming to Sydney on October 25th with Ne-Yo and Rhianna. Tickets go on sale soon, can't wait.