China’s secret startup advantage: liquidity | TechCrunch:
Faster liquidity can push cycle of returns, fundraising, reinvestment
This is the struggle with the SEA ecosystem. Just not enough liquidity yet to create the magical cycle.
USA and China have it. India with some of their monster exits creating some secondary action to enrich employees is crawling towards it.
As some of the big unicorns in SEA start to make some employees rich – there will be some mini cycles around that.
One should not knock what SEA and Razor of done to help get this going as well.
Have one of our portfolio companies using this. Pretty cool way to get your product UX into multi-language:
People-powered translation at scale. Gengo provides fast, affordable and quality translations by native speakers located worldwide.
— Read on gengo.com/
Looking forward to this:
Southeast Asia’s been home to almost half of the biggest growth drivers in the past half-century. To keep investors interested, it’ll have to make the right moves across technology, education and infrastructure, according to Diaan-Yi Lin, a senior partner at McKinsey & Co.
— Read on www.bloomberg.com/news/articles/2018-09-28/southeast-asia-could-hit-5-trillion-growth-mark-mckinsey-s-lin
On my list.
Burgers: Although a simple premise, constructing a noteworthy burger is no easy feat. Here, we uncovered a few of Bangkok’s tastiest burgers…
— Read on guide.michelin.com/th/en/bangkok/dining-out/5-burgers-in-bangkok-every-meat-lover-should-try/news
Wrote about this yesterday :: https://seedvc.blog/2018/09/27/stripe-to-open-singapore-hub-following-245m-fundraise/
Saw this on LinkedIn today :: https://www.linkedin.com/feed/update/urn:li:activity:6451084223817310208
1) Stripe’s fourth global engineering hub will be in Singapore
2) This hub will build completely new products, and further develop the underlying infrastructure powering Stripe
3) 200 million Southeast Asians will come online in the next two years
Gotta love those SEA stats but what really interests me is #2. New products.
People have been chatting about PayPal and Stripe competing but that has been going on for a while. What is more striking for me is where is Square when it comes to Asia? As of today – completely non-existent.