50-year old Terrie Lloyd runs two groups of six companies in Japan and has investment interests in a number of others. Terrie has spent the last 25 years in Japan, having established 15+ firms there in that time and taken 6 to successful earn-outs. He has notched up a number of firsts in the Information and Communications technology sector. In the 1980’s, his company was first to import non-Japanese IBM-compatible PCs into Japan, in the early 1990’s the first to recruit and employ Indian network technologists and to provide PC network outsourcing services; and in the late 1990’s first to establish a bilingual (English-Japanese) recruiting website for foreign companies.
Rather than IPOs, Terrie’s business model is arranged around trade sales. Terrie’s first earn-out came in 1995, when he sold LINC Computer, a Systems Integration company with US$18m in sales, to the EDS corporation. His second earn-out came when he sold the web division of his LINC Media business to Chinadotcom Corporation for cash and stock a short time before that company went on to do US$450m of primary and secondary offerings on the NASDAQ. Other deals followed in 2003, 2004, 2005, and the most recent in January 2008.
Concurrent to his technology businesses, Terrie is also deeply involved in publishing both on paper and online. He owns Japan’s largest English-language lifestyle magazine, Metropolis, which he acquired in 2007, and Japan’s only publicly available English-language business magazine, Japan Inc., established in 1999.
Born and raised in NZ, Terrie’s Japanese wife and children currently live in Doubtless Bay, Far North, and Terrie commutes between his Shibuya, Tokyo home and NZ monthly to see them and to spend time with NZ companies he is invested in. His investments are primarily in the IT, media, and functional foods sectors.�
