We are very honoured to invite Peng T. Ong, co-founder and managing partner of Monk's Hill Ventures, to join our first episode of Asia Startup Pulse today. Monk’s Hill Ventures is a venture capital firm investing in early-stage tech companies, primarily Series A, in Southeast Asia. Peng is an industry veteran with over 25 years of experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia. He is based in Indonesia and is a board member of Glints, ELSA, Finaxar, and Intelligent Video Solutions. Prior to Monk’s Hill Ventures, he was a Venture Partner at GSR Ventures in China. In this episode, we talk about Peng’s journey as an investor and how he perceives the great potential in Southeast Asia. More importantly, he summarizes a very important trend in SEA’s startup ecosystem, "Technification". We also talk about the impact that China's Internet giants have on SEA through investments and M&A.
In this episode, we talk about Peng’s journey as an investor and how he perceives the great potential in Southeast Asia. More importantly, he summarizes a very important trend in SEA’s startup ecosystem, "Technification". We also talk about the impact that China's Internet giants have on SEA through investments and M&A.
Show Notes:
1:54 Peng’s journey as an investor
3:22 Main differences btw seed round and Series A
9:15 More capital investment in SEA
10:20 The most interesting trend in SEA
10:56 “Technification” in China
12:24 The opportunities of “technification” in SEA
14:33 “There is no way for a company to grow that fast without technology”
17:31 The core DNA of a successful founding team
18:54 China’s role in SEA’s service industry
22:22 The role of Chinese and Japanese corporate venture capital in SEA
26:20 The infrastructure development in SEA
28:25 A hard push on deep technology in SEA?
Many thanks to our guest Peng T.Ong; 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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