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Asia Tech Podcast

EP 293 - Jeremy Au - Monk's Hill Ventures - In Southeast Asia, There Is a Lot of Future to Be Built

Sep 5, 2023
Jeremy Au, an investor and the Chief of Staff at Monk's Hill Ventures, shares his experience in building companies and his transition into venture capital. He discusses entrepreneurial success patterns, challenges in Southeast Asia, the necessity of profitability for startups, and long-term optimism. He also highlights the joy of helping founders navigate challenges and build a better future.
46:23

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The ability to clearly explain the problem being solved is essential for entrepreneurial success in Southeast Asia.
  • Startups in Southeast Asia face unique challenges related to unit economics and need to prioritize profitability.

Deep dives

Exploring the Importance of Clear Problem Definition

One of the main success patterns is being able to explain the problem very well and rally capital, talent, and sponsorship for it. This is crucial in Southeast Asia, where the market is still emerging from a global perspective. Startups need to effectively translate the specific problems they are solving to audiences who may not be familiar with the local context. Success lies in being able to clearly describe the customer and the magnitude of the problem to a global audience.

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