Southeast Asia’s investment ecosystem is one that is rapidly developing and growing. Over the past decade, the growth potential of SEA has become undeniable as investments flock to the region.
At a glance, a third of the population is under the age of 30, and more than 90% of internet users are on mobile. These users are young, adaptable, connected and well-versed with social media.
Unlike brick and mortar retailers and supermarkets, many of which have been forced to shut down during COVID-19, online marketplaces have enjoyed strong levels of growth over the past two months.
As consumers confined to their homes turned to the internet for necessities as well as entertainment, digital retailers across Asia noted sharp spikes in sales.
I did not start doing VC right after college. First, I must mention I was very fortunate to be in the class of 1993 at Stanford. That was the year Netscape browser was released and the world became a very different place thereafter.
I think Peter Thiel was a couple years ahead of me, and Jerry Yang (co-founder and former CEO of Yahoo! Inc.) was a year behind me, but as a graduate student. So that was the right time to be in the internet business, but I didn’t know anything about VC back then.
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