Global Founder’s Capital, in spite of its global presence, has been a late entrant to China. However, in a very short time in the region, they’ve become a force to reckon with investing in some very promising companies. Coincidently, enterprise SaaS in China has been gaining speedy momentum in the recent past. Why is this the right time for enterprise investment in China? Is China still relevant for incoming VCs? Why is enterprise SaaS a must-watch trend for 2021 and what is driving this growth? In this episode, we invite Shao Lee, Partner at Global Founders Capital, who spearheads their China operations. We talk about GFC’s investment thesis and their unique proposition of Geographical Arbitrage. We dive deeper into understanding the Chinese ecosystem and the drivers of enterprise SaaS in China. As a leading investor in the TMT/ SaaS space, Shao shares his insights on how GFC evaluates enterprise SaaS companies in China.
Today, we invite Shao Lee, Partner at Global Founders Capital, who spearheads their China operations. We talk about GFC’s investment thesis and their unique proposition of Geographical Arbitrage. We dive deeper into understanding the Chinese ecosystem and the drivers of enterprise SaaS in China. As a leading investor in the TMT/ SaaS space, Shao shares his insights on how GFC evaluates enterprise SaaS companies in China.
Show Notes
01:19 - Introduction to Shao Lee and motivations to become a VC
04:18 - What is Global Founders Capital?
05:53 - Bringing the Rocket Internet model to Asia
10:19 - GFC’s Geographical Arbitrage
13:00 - How to discover new business models?
14:45 - Why is it time for Enterprise investment in China?
17:10 - Trends in Chinese companies overseas expansion
19:00 - GFC’s investment decision-making process
20:34 - Founder’s pedigree in the decision-making process
25:45 - Late entrant to China: Is the market still worth entering for VCs?
27:40 - China’s competitive value proposition in global market
32:24 - VC Trends for 2021: The Rise of Enterprise SaaS
35:22 - The drivers of Enterprise SaaS
38:24 - Evaluating Chinese Enterprise SaaS companies
Many thanks to our guest Shao Lee; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
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