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Breakingviews - Sea CEO's distress call will make tech waves

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Breakingviews - Sea CEO's distress call will make tech waves

Candour is often welcome during times of distress. Forrest Li, the chief executive of Singapore's Sea , is not mincing his words as he sounds the alarm at his $26 billion e-commerce to video-games outfit. In a Sept. 15 internal memo seen by Breakingviews, he candidly admits that Sea will not be able to raise external funds and lays out a plan to achieve "self-sufficiency", or positive operating cash flow, within 12 to 18 months.

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Breakingviews - Sea CEO's distress call will make tech waves

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Breakingviews - Sea CEO's distress call will make tech waves

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