VCs and large tech companies spent the last decade looking to my part of the world for less regulated environments, major capital and user growth. That largely hasn't happened.
-
VCs and large tech companies spent the last decade looking to my part of the world for less regulated environments, major capital and user growth. That largely hasn't happened.
Companies for whom 'souls' are the product (like Meta) have done well (but the region hasn't done well with that exchange)
Companies who need to monetize are struggling to do so.
An early booster VC has some thoughts on a reflective deck
https://lsvp.com/wp-content/uploads/2024/10/Southeast-Asia-Resetting-Expectations-1.pdf
-
@skinnylatte this is a good deck but i see that folks are still missing the very key takeaway: the buying power is in non-Singapore SEA countries is insanely low. china/japan/korea seems to get this and fare much better w/ their startups entering our markets
-
@atsuzaki they only allude to it once: that Singapore is 1% of SEA but 25% of Grab's revenue
that should definitely be fleshed out more
