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Malaysia looks terrible when it comes to Series B or Series C (Grab is considered a .sg company).
So we prime the pump, there is a lot of rah rah during Seed and Series A, but there is just no growth at scale.
The data doesn't lie. Botched multiple government programs? https://twitter.com/hiangoh/status/1361892106566987778
So we prime the pump, there is a lot of rah rah during Seed and Series A, but there is just no growth at scale.
The data doesn't lie. Botched multiple government programs? https://twitter.com/hiangoh/status/1361892106566987778
Is it investors saying when it comes to Series B and C, to move over to Singapore? Singapore is what the growth investors seem to be comfortable with.
"Stay in Malaysia, get liquidity, make friends with everyone in the region, and when its time to grow, head to Singapore."
"Stay in Malaysia, get liquidity, make friends with everyone in the region, and when its time to grow, head to Singapore."
Alternative data, check out these slides re: return on investments. Via Dmitry Levit.
https://www.cento.vc/southeast-asia-tech-investment-h1-2020/
https://www.cento.vc/southeast-asia-tech-investment-h1-2020/
And now we have @tianglim tell us about @piktochart and @123rf as they are bootstrapped, profitable and proud.
Is it a narrative problem?
Lapasar is on the path to profitability, hard to raise, re: growth (.in strategy? .my market seems small)
Is it a narrative problem?
Lapasar is on the path to profitability, hard to raise, re: growth (.in strategy? .my market seems small)
"I don't think we have a PayPal mafia of Malaysia. But there are a couple of guys with second time founders, ecosystem builders, an active angel investment community." @aaronsarma
Malaysia revenue based companies that are priced right: 701search, Mudah, iPay88, GHL, MOL
Malaysia revenue based companies that are priced right: 701search, Mudah, iPay88, GHL, MOL
The NYC scene from @marksbirch -- the financial ecosystem changed, after the financial crisis. Maybe we have the COVID reset?
He brings up DoubleClick which went on to do MongoDB, Business Insider, etc. and USV.
How do we attract more Chinese expats?
He brings up DoubleClick which went on to do MongoDB, Business Insider, etc. and USV.
How do we attract more Chinese expats?
Asyrique Thevendran, CTO @vaseinsights tells us that experienced operators are missing in Malaysia.
Mark mentioned that this was the case in NYC back in the day.
Everyone laughs at Cyberjaya.
Where is the focal point for Malaysian tech people to meet? .sg Blk71 equivalent?
Mark mentioned that this was the case in NYC back in the day.
Everyone laughs at Cyberjaya.
Where is the focal point for Malaysian tech people to meet? .sg Blk71 equivalent?
"Potential of the market, but no one can put the finger as to why the market hasn't taken off" -- @kristieneo of @DealStreetAsia
She talks about the *brain drain*. Totally. Even when Grab exits, how many return to Malaysia?
What are the corporate venture arms doing (see: .th)?
She talks about the *brain drain*. Totally. Even when Grab exits, how many return to Malaysia?
What are the corporate venture arms doing (see: .th)?
Why bring Singaporeans back to Singapore to stem the brain drain? Basically, @hiangoh wondering this, and Malaysia also has @TalentCorpMsia for this.
@waihonger is a returning Malaysian, politics is an issue, that contributes to brain drain amongst the diaspora. Ebbs & sways.
@waihonger is a returning Malaysian, politics is an issue, that contributes to brain drain amongst the diaspora. Ebbs & sways.
Also, @waihonger thinks the lifestyle in Malaysia is good if you're an expat. But does this really compare to Singapore?
He thinks that Malaysia just sucks at marketing.
I beg to differ. Is Malaysia remotely welcoming to foreigners? Even language is a barrier!
He thinks that Malaysia just sucks at marketing.
I beg to differ. Is Malaysia remotely welcoming to foreigners? Even language is a barrier!
