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All posts by Tech In Asia

Tech In Asia
Tech in Asia is an online technology news startup based in Asia, with team members all across the region. As a crew of journalists and bloggers with a passion for new ways of delivering the news, we’ve bonded together under one goal – to create a great Asia-focused tech news site to tell the world about the wonderful things that are happening here. Subscribe to our daily newsletter.
  • Shoot for the moon: how venture capitalists think

    Shoot for the moon, reach for the stars. Entrepreneurs are often the pilots of such inconceivable projects, but many times it's the cash fuel injection that gets them there. Last week at the venture capital (VC) conference Moment 2016 in Tokyo, panellists David Lee from Refactor Capital, Craig Sherman from Meritech Capital Partners, and moderator Gen Isayama of World Innovation Lab spoke about how to identify rockets before liftoff. "The impact from a society impact should be numbered into terms of a thousand 'X'," says David. While home run deals are more about making money, moonshots don't just make money,...

  • Investors agree Southeast Asia has a series B problem. Here’s what’s filling the gap

    Startups in Southeast Asia have seen an influx of funding at the seed and series A stages, but the same can't be said for series B, experts observe. "A lot of seed and series A investments have happened and many of these companies will get to series B stage, but we don't have a lot of series B funds. There's only a handful that are really dedicated to writing US$7 million, US$10 million, US$15 million checks in Southeast Asia," Stefan Jung, a founding partner at Venturra Capital, said today at the Tech in Asia Tokyo 2016 conference. Also onstage were Hanno...

  • How do I raise angel funding in Silicon Valley as a foreign startup?

    You’re an aspiring entrepreneur. You’re a hotshot startup heading for unicorn status (whatever that means). You have the next best thing that will change the world. Regardless of where you sit on the spectrum, or what your motivations are, be it the promises of riches and fortune, or driving sweeping social changes, we are all drawn by the allure of this mystical land, Silicon Valley. However, the romantic notion of this place being awash with cash, and you landing in SFO to score that golden ticket could not be further removed from the truth when faced with the reality of the...

  • How to think like a VC before asking for funding

    "Your startup is interesting, but come back to me when you have more traction." This is a common diplomatic phrase made by VCs when they are not keen on investing in you, but keeping the door open just in case you suddenly become a hot investment. Since my days of pro-bono advisory to over 600 startups, fundraising has been trying, if not vexing and complex for noob startup entrepreneurs. (Hey I have been there myself too.) Coming full circle from being an entrepreneur who raised funds, to now a VC who raises from Limited Partners (LPs) and assesses startups to invest in,...

  • Vickers Venture Partners is raising $250 million for its new global fund

    Despite fears of a slowdown that has already caused some sobering devaluations in markets like India and China, it seems that venture capital will continue to flow for a little while yet. Singapore-headquartered investment firm Vickers Venture Partners plans to pour some water into that stream with its newly announced fund with a target size of US$250 million. Vickers has already raised US$63.5 million from existing investors. Capped at US$400 million, it could become one of the largest funds by a Singapore VC so far, close to the US$600 million fund that Temasek poured into subsidiary Vertex Ventures last October. It’s...

  • A startup wants to solve India’s farmer problems with data and tech

    My family has owned a farm for years and we’ve always made our money growing and selling vegetables, but things have been changing. To sustain ourselves, we now need to sell to people in cities – customers whose faces we’ve never seen and are only talked about by the men who arrive once a week in big trucks to sift through our vegetables and throw half of them away. Some give us reasons – the eggplants we grow aren’t worth anything because they’re not popular this year, or less lumpy potatoes have become the fad – how would we know...

  • To sell or not to sell? Things to consider when someone offers to buy your startup

    Serious entrepreneurs don't build a company with an aim to sell it. They build it to solve a problem. But a startup may struggle or run out of cash. Or maybe the founders will get tired, have a fallout, or get an extremely attractive buyout offer on the table. This exit offer can come from a customer, partner, rival, vendor, or even another big company. In those scenarios, exiting becomes the end goal for several entrepreneurs. But how does one navigate that curvy road? The panel on "Exits and M&As" at the Tech in Asia Bangalore 2016 conference saw Miten Sampat,...

  • 4 things to consider if you’re prepping your startup for acquisition

    If there's one big, open secret in the world of startups -- in India and around the world -- it surely is that not every founder will live to take their company down the IPO route. For every Facebook and Alibaba, there are thousands of others that either get bought out or, if unlucky, have to shut shop. However, as the industry matures, consolidation has become a much sought-after road to exit. But how does one build a company for an acquisition? Industry experts discussed the elusive road to exits today at Tech in Asia Bangalore 2016. Here are four tips...

  • Meet Asia’s first accelerator for AI startups, founded by a Techstars London director

    There's a new startup accelerator in Hong Kong called Zeroth.ai, and it's accepting applications from artificial intelligence startups throughout Asia. It's started by Tak Lo, who was a director at Techstars London. Techstars is one of the pioneers of the startup accelerator movement. The accelerator has on its team Skype co-founder Jaan Tallinn and Jon Bradford, the former managing director of Techstars London. Zeroth will offer mentorship and US$20,000 in capital to startups for 6 percent equity. The first program will be run from November 7 this year to February 17, 2017. The accelerator is named after zero-based numbering, which is basically...

  • 9 lessons running taught me about running a startup

    Since becoming an avid runner and launching my startup, Tripovo, last year, I can't help but notice that entrepreneurship and running have a lot in common. Here's what I've learnt. 1. Start with baby steps You don't wake up one day and run 28k (well, perhaps some super-fit person could do, but I certainly didn't!). You start small, with achievable goals – you see how far you can run in 20 minutes, then 30 minutes, then set yourself bigger goals: 5km, 7km, 10km… up to my new PB (apologies for the fitness language, personal best) of 28km yesterday. You get my message...