Some awesome links in this issue!
Nice one from Nadine and Jon!
Missed this one – thank to Jon for pointing it out:
Always a fan of Jon and his writing.
We got to hang again for breakfast – always a good chat. I think we need to do a breakfast meetup. 😉
I like this part in this week’s newsletter:
And finally… on the future
Visiting Singapore always gets me thinking. This week it was triggered by Bloomberg’s ‘Sooner Than You Think Event’ – as the name implies it is focused on current companies, tech and trends that will impact the future.
It didn’t take long to notice how so many of the faces on stage for interviews were people who I had met/got to know years ago when their companies were much smaller. Now they are the big guns, and I can think of countless others who weren’t at the show but fit that bracket.
Southeast Asia and tech are on such a growth spurt that it propels founders and startups. That’s not a bad thing at all, but it is quite something to see familiar faces consistently on stage at events, on TV interviews, or managed by large entourages such has been their rise.
The last five years have seen so much growth that it is impossible to imagine what the next five or ten will bring. Putting aside the tech and business models, I can say with certainty that many of the biggest companies/founders of the future are already active in the region today. That may sound obvious, but it is easy to lose perspective. (I’m not alone in thinking this.)
A recent report from Golden Gate Ventures – an investor in tech startup, of course – predicts “at least 700 anticipated startup exits between 2023–2025.” While, in the here and now, a new report from Preqin shows an increased interest (and activity) in Southeast Asia from global investment firms.
I’m not in the business of predicting numbers, but it is clear it’ll be a heck of a ride. That applies to tech anywhere in the world, but I do think it’ll be even wilder in Southeast Asia where the region is moving upwards despite challenging global conditions.
(This is also why I joined The Ken, I believe we need more analysis and thoughtful commentary. Shameless plug over.)
I think that the growth in the SEAsian tech scene over the next 10 years, even with a possible slowdown, will be much bigger than the last 10 years.
Singapore will continue to be a factor and the center of the SEAsian growth story.
Pretty amazing to see the folks that are becoming big players in the scene.
Also fun to he hear and be a part of it all.
Cento taking the lead on the best “report” for VC in the SEA Region.
The state of investments in Southeast Asia – Tech Collective
— Read on techcollectivesea.com/2019/06/25/the-state-of-investments-in-southeast-asia/
Great newsletter on the ASEAN region.
Super excited for Jon and for the new content that will hit The Ken.
Without any doubt – this is the best website for travel info to SEAsia :: https://www.travelfish.org/
Google pretty much dominates search and their power over the internet and information retrieval is immense.
I am Stuart and crew are not the only ones suffering. At some point the world’s governments need to do something about the absolute power of big tech.
Google recently revamped its suite of travel services, a move that some in the travel industry believe will entrench its market power.
— Read on www.afr.com/chanticleer/why-google-will-own-travel-20190705-p524jf
Of course there is a lot of folks taking on this subject with most of it being regurgitated fodder from press releases or other people with some decent viewpoints but without much research.
I think Bernard takes the subject head-on and offers some history lessons in the process.
No one, and I repeat, no one knows if this is all going to work or if there is even a chance or reason to be a Super App. Don’t get swayed by the over-raising of capital or the supposed metrics since now that we see Lyft and Uber in the public markets we can assume that our local Southeast Asian version are probably not doing any better.
Only time will tell.
We examine the Super app strategy adopted by the ride hailing companies in Southeast Asia. In the same spirit, we want to validate the strategy that are adopted by both Grab and Gojek in comparison to US and China and explain the challenges which these companies has to overcome so that the strategy can succeed.
— Read on www.bernardleong.com/2019/06/09/examining-the-super-app-strategy-in-southeast-asia/