intro to southeast asia startup ecosystems
TRANSCRIPT
Intro to SEA Startup Ecosystems
Isaac SouweineHead of Product @ Frank & Oak
Presented at the October, 2014
I. Startup ecosystems
Startups are a specific species of business organization
But like any species, they exist in an ecosystem
Silicon Valley is considered the ultimate startup ecosystem
But there’s tons of other highly functioning ecosystems
Source: http://techcrunch.com/2012/11/20/startup-genome-ranks-the-worlds-top-startup-ecosystems-silicon-valley-tel-aviv-l-a-lead-the-way/
Here’s one way to think about the elements of a startup ecosystem
REGULATIONCULTUREMARKET INFRAST.
PRESSTALENT*CAPITAL* EVENTS
STARTUPS!!GOVT
+ NGOS
II. Ecosystem Case Study - Singapore
Building Blocks
● Market - small, wealthy, hyper-connected● Culture - narrow-minded, driven, global● Regulation - extremely business friendly● Infrastructure - excellent but anomalous
Capital
Source: http://mengwong.com/sg/capital/mapofthemoney.pdf
Accelerators
Dev Support
Angel Investors
Early Stage Venture Capital
Later Stage Venture Capital
Govt Investment Schemes
NGOs
Co Working Spaces
Talent (Founders)
Press/Conferences
Events
Startups
Singapore ecosystem themes
● Everything is connected!● Government as a crucial player● Global startup culture● Global flows of talent and capital● Products - local vs. global● SG as a launching pad
III. SEA Ecosystem Potpurri
Kickstart (PH)
Ardent Capital (TH)
Tokopedia (ID)
Grab Taxi (MY)
Vinagame (VN)
Catcha Group (SEA)
Rocket Internet (SEA)
SEA ecosystem themes
● Global capital vs. local capital● The role of corporates● Products - local vs. global● Products - original vs. “clones”● Infrastructure challenges● Cultural challenges● Building an ecosystem is hard!
