I came to Asia in 99. Looking highly likely that I will live in Asia the rest of my life but who knows exactly where.
My only regret is not coming earlier than I did.
The children of many Asians who emigrated to the U.S. are seeing more interesting opportunities in their parents’ home countries.
— Read on www.fastcompany.com/90321591/my-parents-moved-to-the-us-for-a-better-life-and-im-returning-to-asia-for-jobs
Add the Saudi mess in and the vision fund and strategy looks flawed:
As interest rates rise, the venture-capital model pioneered by SoftBank and followed by the likes of Tencent is breaking down.
— Read on www.bloomberg.com/view/articles/2018-10-17/asia-tech-stocks-are-still-risky-after-outpacing-u-s-decline
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
Stripe to open Singapore hub following $245m fundraise
From the Stripe Blog :: https://stripe.com/blog/singapore-eng-office
If this doesn’t put Singapore on the map in the global tech arena – then not much will.
Stripe is huge and they have chosen Singapore as an engineering hub.
This continues my hypothesis of why Singapore has already won the hub if SEA region and has vaulted past Hong Kong.
Why? Look at all the global companies with their hubs here and more and more will come and probably do more engineering than just sales and marketing.
Singapore is safe, fair, family friendly and the government is pro tech.
This also helps bolster one the trends I am have been trading on – the TTS. Trailing Tech Spouse.
Companies like Google, FB, AirBnB and now Stripe – move executives to Singapore and with them comes their spouse who often is also in tech. Thus bringing more experiences talent to the region but primarily Singapore.
“Crazy Rich Asians,” which has topped U.S. movie charts, gives a brazenly self-confident view of the continent’s moneyed elite. Drenched in brand-name
— Read on asia.nikkei.com/Opinion/Crazy-rich-Asia-risks-running-into-trouble