Monk’s Hill Ventures is a partnership of seasoned entrepreneurs who have built and backed global companies based both in Silicon Valley and Asia. We are a venture capital firm investing in technology startups that will take advantage of the fast growing Southeast Asian markets.
We are entrepreneurs. We believe that, above everything else in the startup world, it is the entrepreneur who creates value. The right entrepreneurs have the smarts to correct mis-defined products, the charisma to bring onboard expertise they themselves do not have, and the mental strength to stick through the tough times. With our operating background, we contribute more than just capital. Having built companies ourselves, we collaborate with founders as fellow entrepreneurs to make their vision a reality. Entrepreneurs backing entrepreneurs.
We are technologists. We believe deeply in the positive and increasing impact of technology on our world. Investing in technology companies has never been more attractive, as technology adoption reaches an inflection point. There are now nearly 5 billion mobile subscribers and more than 3 billion internet users globally. With quantum improvement in computing, building and scaling a technology company costs less than 10% of what it took 15 years ago. Leveraging technologies like big data, mobile, and cloud to build significant business is not only possible, but well within economic reach, especially in emerging markets. Innovation is now global.
Monk’s Hill Ventures invests in top entrepreneurs in post-seed companies in Southeast Asia. Think of us as your trusted partner in Asia.
We are driven to help companies from Southeast Asia expand globally. Relationships are important in Asia. We know this through the many businesses we have built across Asia - from Japan and China to India and Indonesia. With these relationships and experiences, we help our companies navigate the nuances and specifics of various countries in the region.
Our home bases are Singapore and Jakarta. We are bullish on the attractiveness of Southeast Asia as a region in Asia with rapidly growing opportunities. Singapore has proven to be a great strategic location for expanding to the rest of Asia, while Jakarta is at the heart of a booming consumer economy in one of the most populous countries in the world.
We are excited with the rapid rise of entrepreneurial talent in Southeast Asia over the last ten years. We have seen great companies born in the region built by world-class entrepreneurs. Southeast Asia, with a population of over 600 million, represents enormous potential on a global scale. With some of the most social and mobile users in the world, the region presents fertile ground for the emergence of technology startup winners.
Over the past decade, we have also become trusted advisers and partners to leading VCs in Silicon Valley. We have helped leading growth-stage startups tap the growth veins across Asia. We have helped companies overcome the challenges presented by the region and take advantage of the opportunities. If you are thinking about Southeast Asia, you should talk to us.
This is a short list of the most frequently asked questions regarding "Investments" and "Employment". A click or tap on the questions reveals the answers.
Do keep us in the loop as you build out the business over the next year or two.... we typically get to know the entrepreneurs way before we invest in them. And do let us know if you need any assistance.
If you have no idea how big your market is, or who the major players are, etc.... and if a VC seem to know more about your market than you, you're absolutely not ready to talk to VCs for investments. The moral of the story here is that you need to do your homework.
Hopefully, it is clear why we do this. We believe the early stage venture business involves a very active and close relationship between the investor/advisor and the entrepreneur/company. Your home city, being 8 hours flight away, makes that relationship difficult to build up. If we can't provide the level of service that we think our clients (founders) deserve, we'd rather not "sell" the product.
Also, consumer electronics is a difficult business to grow (there are exceptions--e.g. Nest), because the gross margins tend to get squeezed, distribution and inventory tends to get challenging at scale, etc. I trust you have thought thoroughly about the scalability of your business and the alignment with your personal goals before jumping in.
1. We invest in software/Internet-driven startups in post-seed stage
2. We look for this trifactor in the business: scalability (potential size of target market, typically >US$1B), repeatability (repeatable revenue model) and profitability (high gross margin, typically >50%).
Also, you might to do some research as to what minimum top line potentials of startups are before they fall into the VC-investible category.... and have an analytical answer to yourself that satisfies you that your business has that possibility.
However, as I look at your resume, I do not see any startup or operational experience. It looks like you have only been in a fund. We at Monk's Hill Ventures believe that if you are to be successful as a VC, you would need a few years of deep experience running parts of startups, or better yet, having founded your own startup. I'd encourage you to get involved in a startup if your hope is to become a world-class VC.