In anticipation for Slush Singapore & Monk's Hill Ventures’ report on Southeast Asian tech, startup and funding ecosystem, we are holding events in Singapore, Kuala Lumpur and Jakarta!
Join us for the launch of The State of Southeast Asian Tech report and panel discussions discussing respective countries' tech startups and ecosystems. What could be a better way to mark the countdown to Slush Singapore!
Today, data is an important competitive advantage for companies. Companies use it to understand their customers, decide on a business strategy, and optimize their business.
As an operating advisor at Monk’s Hill Ventures, I talk to startup founders on how they can do that. These startups range from early-stage companies, to more mature companies in the pre- or post-IPO stage. Some companies already have established data science teams and are keen to scale that out, while others are figuring out how to hire their first data scientists or even decide what kind of data they should be collecting. Nevertheless, there are a few common themes that keep coming up, and I hope to address some of them here.
Everywhere I look these days I see cranes. Not the kind that fly, but construction cranes. While some look at them and see ugliness, I see something else: the towers reaching skyward symbolize Vietnam’s striving ambition, Vietnam’s promise.
As Dimitra Taslim prepares to head off to Harvard Business School, he reflects on the 10 important lessons he learnt as a VC at Monk's Hill Ventures.
In the world of startups, there is a schism between real value creation and the irrational funding market. Strange as it is, these two things can co-exist without much correction for a sustained period of time.
What is this schism?
On one hand, there is an ecosystem of startups hard at work, disrupting incompetent, traditional models of business, whilst making markets more efficient and creating real economic value. This faction works for the long-term and is completely rational.
On the other hand lies the venture capital industry. It thrives on opacity and is driven by egos and primal instincts. It is fearful during bad times and greedy during good times. It is an almost dysfunctional utopia where valuations could shift by the billions in a day, even when the needle hasn’t moved on value creation. This faction is emotional and largely irrational.
What is the truth that everyone knows?
By Peng T. Ong
"Excellence is not about balance, it's about extremes." I can't find the source of this quote now, but I think it was Tom Peters quoting someone else.
If you look at any area in which "the world" defines as excellent, and you will see extremes. The divorce rate of US Navy SEAL is 90-95%. Look at the lives of corporate CEOs, for example. [...]