If you don’t already follow Suster on snapchat then I’ll give you a chance to go get that done now – that is if you use snapchat. 😉
I always appreciate when he writes though – here is one of his latest posts.
There is so much in it to dissect. Much of it I think is a phenomenon unique to the USA given the startup climate there and the proliferation of funds. When I look at Singapore and the regions I am focusing on, this type of frenzy doesn’t really exist yet except for a few deals. However there is a lot to learn from what Mark is saying.
I am going to pause here for a few disclaimers. I am totally new at what I am now working on which means I approach it with a beginner’s mind and with the realization that going slow is perfectly acceptable. I have a new craft to learn and it would seem that being in a hurry would just amplify my mistakes
I plan on blogging more as I share lessons from my new craft and as I try and explain what it is we hope to accomplish at SeedPlus. I am also not speaking for my team here since SeedPlus is a team effort.
Just a reminder on our launch here.
Another post here on my personal journey.
Given all these disclaimers, I would like to share some of my own personal beliefs. When we launched SeedPlus the initial reaction was that this is just another seed fund. I have been hesitant to retort this much since I believe that actions speak louder than words. I am also trying to listen more, learn more, speak less and perfect my craft.
Yes – there are a lot of seed funds in the region. Is there room for more? Sure. Simply put – the region has so much growth in store for it that there is no end to the need for capital or for more successful startups to take the region to new levels. I feel there is no better time to work on global startups from Singapore starting from their seed stage.
Our goal at SeedPlus is to invest with conviction, bring our operating experience to the problem, and think about the long term potential of the startup. I know this a long game and it will take time to bear fruit. Therefore anything I say at this point is just sharing since the only proof of our work will come later. Given this, I feel quite strongly that we offer something unique to the region but again time will tell.
So just as the startups should choose wisely, at SeedPlus we also feel the same way about how we choose who to invest in. It’s a long game for anyone truly serious about creating a successful enterprise.
Enjoy your Sunday!