Analyse Asia with Bernard Leong

In this episode, Carol Yin and guest host Deng Yuying, CEO of Esevel continues their conversation on the COVID-19 coronavirus and examines its impact from China to Asia Pacific. They discuss the latest updates on how the coronavirus has now spread to Korea, Japan, Italy, Iran and US, while examining how different industries from tourism, airlines ,ecommerce, pharmaceutical and health supplies are affected by the COVID-19 outbreak. Last but not least, they analyzed the short, middle and long term impact of the virus and break down the different scenarios on where this may lead in the upcoming months in 2020. Here are the interesting show notes and links to the discussion (with time-stamps included): Carol Yin (@carolyujiayin, LinkedIn), Host of Analyse Asia and guest host Deng Yuying, CEO of Esevel (@yuyingdeng, LinkedIn) [0:55] The Wuhan Coronavirus and its impact to Asia Pacific Part 2 [1:00] What has been the recent updates in China with respect to the COVID-19 virus? [1:07] Since our last conversation, what has happened with the Coronavirus globally? (US, Italy, Korea and Japan) [2:35] Which countries have closed their borders to China now in both flights and immigration? [3:25] Business Impact of COVID-19 in China and Asia Pacific How about the foreign multinationals such as Tesla, Foxconn and Apple where they are highly dependent on the Chinese supply chain? (Reference: Apple) [5:00] Can you talk about the countries in Asia Pacific which are affected? [7:21] Japan: Schools are closed and the likelihood of cancellation of the Tokyo 2020 olympics  Korea: How Korea has suddenly reported a surge in cases Southeast Asia: Indonesia and Thailand [11:02] Let’s examine the short, middle and long term impact for industries in detail [12:35] Tourism [12:55] Airline Industries: There is a possibility of airlines going bankrupt as Cathay Pacific and Singapore Airlines have announced paycuts for their staff. [15:30] What are the industries benefited from the coronavirus? [16:30] Technology industry: Gaming industry (Tencent), Ecommerce (Alibaba), Zoom - remote working [16:50] Pharmaceuticals and medical supplies (shortage of masks and sanitizers) [18:50] What should we expect in the next couple of weeks and months? [19:30] McKinsey Report: COVID-19 - Implications for Business Report on 27 Feb 2020 Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong, Linkedin).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

After a long hiatus, in Episode 319, our host Carol Yin takes the seat to discuss the recent COVID-19 coronavirus and examine the impact of the pandemic to the rest of Asia Pacific and globally in two part series. In the first part of the series, together with the guest host, Yuying Deng, Carol related her experience living through the challenging times in China before and after the COVID-19 virus broke out. We discuss the origins of the virus, the measures in how the Chinese government are dealing with the outbreak, the outpour of grief from the Chinese over Dr Li Wenliang's death and broke down the major misconceptions perpetuated by media outlets. Here are the interesting show notes and links to the discussion (with time-stamps included): Carol Yin (@carolyujiayin, LinkedIn), Host of Analyse Asia and guest host Deng Yuying, CEO of Altizen (@yuyingdeng, LinkedIn) The COVID-19 Coronavirus (WHO site) and its impact to Asia Pacific (Reference: Nikkei Asia Review) A view of how the pandemic with the COVID-19 virus started before and after the outbreak made public and during Chinese New Year from Carol's perspective [0:52] To start, let’s take a chronological approach to the whole incident, how did the coronavirus originated in Wuhan and started spreading across Asia Pacific and other parts of the world? [8:49] Wuhan is a major transportation hub and the city is of the size of Pittsburgh in the US. Did the Chinese New Year holidays catalyse the spread of the virus due to the large scale movement of people within China? [12:58] How about the virus? Where did it originate? How does it compare to the SARS situation in 2003 or similar outbreaks? [14:54] What are the symptoms for someone who contract the coronavirus and how do we know if we suffer from flu or the coronoavirus? [17:15] What has the Chinese government done so far in China? [19:10] How are the small and medium businesses in China coping with the outbreak? [26:21] What is the situation within Wuhan itself and the rest of China? [27:15] What are the misconceptions that the rest of the world have with regards to the coronavirus? [30:46] What is it like now living in Shanghai and dealing with the COVID-19 outbreak? [33:00] When are things likely to go normal in China such that the Chinese government will stop the pause button currently with their response to the situation? [36:03] Dr Li Wenliang's death and why the Chinese were outraged by his death. (Source: Financial Times) [37:00] As of today (and recording is accurate as of 9 Feb 2020), how many cases are confirmed in China and the rest of the world? [40:40] The impact of COVID-19 on groceries deliveries [45:25] Misinformation in the Internet across the world with tech platforms struggling to deal with them (Wechat, Twitter) [46:40] Wechat fact checking platform against Twitter's no fact checking. Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

Shai Oster, the Asia Bureau Chief from The Information reviews the year of 2019 on how the technology giants in China and SoftBank have fared and offers his annual predictions to what will be happening in 2020. Shai reviewed his 2018 predictions and ranked how each of them have gone for 2019. In addition, he offered his perspectives on how Huawei and ByteDance will face constant challenges in their overseas expansion and whether SoftBank will raise their 2nd fund and the downstream impact from their debacle with Wework trickling down to Oyo, Didi and Grab in 2020. Last but not least, Shai throws forward what he thinks will happen in 2020. Here are the interesting show notes and links to the discussion (with time-stamps included): Shai Oster (@beijingscribe, LinkedIn, TheInformation Profile), Asia Bureau Chief in The Information  So since your last appearance on the show, what have you been up to? 2018 predictions  Didi to IPO in end 2019. ByteDance will continue to grow and fight Facebook in Southeast Asia, but will not IPO.   Ant Financial’s path to IPO is not clear. What will happen to Xiaomi with their overseas expansion? First-quarter of scary growth in China and followed by the wave of government stimulus in China. State of China and SoftBank for 2019 What are the few events which you feel that 2019 has shifted the trajectory for SoftBank and Chinese tech giants? Event 1: The US and China Relationship: There is obviously a lot of tension between the two countries, and a display of that tension can be seen in what has happened to Huawei in the last year. There was the trade ban that is forcing US companies like Google & Qualcomm to stop providing to Huawei & also the FCC ban that stops the use of government fund to purchase equipment from Huawei. It seems like Huawei is always in the news these days, from their product launches, to their lawsuits, and also the recent employee detainment allegations. How has Huawei been doing and coping with all the challenges they’re facing in the U.S.?  Do you think that the Huawei CEO has been responding well to the critics? What is the future of 5G for Huawei across the world?  Event 2: The SoftBank debacle with Wework and Vision Fund 2 We all know that WeWork is not what used to be, so has Vision Fund 1 reached the peak with Wework’s collapse? How has that changed the way how the public markets have perceived the startup unicorns given that Uber have not performed well for their IPO and Wework failed to even go public?  Will Oyo in India be the next on a similar trajectory with Wework?  Will SoftBank be able to raise the 2nd Vision Fund in 2020? Are the other unicorns backed by SoftBank in danger, for example, Bytedance and Grab?  Event 3: The public markets for Chinese Tech Startups Alibaba has just popped in the Hong Kong Stock Exchange, after Xiaomi and Meituan-Dianping, do you think that HKSE will be the Chinese tech startups’ port of call for IPO? With the chaos in Hong Kong and investors moving their assets from Hong Kong to Singapore, do you foresee that the HKSE will lose its pole position as a financial hub and what it means for chinese tech giants planning to go IPO? Other long term implications & effects to businesses & tech companies?  Event 4: Bytedance Will Bytedance end up in the same predicament similar to Huawei? Bytedance is also getting pushback in India, does that mean that the overseas growth potential for this company will end?  Event 5: Overseas expansion for Chinese Tech Titans Will the Chinese Tech Titans focus on Southeast Asia, India and the rest of the world instead of continuing its trajectory to put a foothold in the US? Can they compete with Google, Amazon and Facebook in these nascent markets?  What will be your predictions for 2020 and what are the key things you will be watching out for? China & US relationship in 2020  China economy Tiktok will retreat from US, scale back & renew their focus on China, India, Southeast Asia & Africa Huawei  Shift of Money out of China and US into Southeast Asia and India from VCs and PE funds. Closing How do my audience find you? Check out the Information's new app: "Tech Top 10"  Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

Simon Kemp, founder and CEO of Kepios joined us to discuss the recent Digital 2019 Q4 Global StatShot Report and share the major observations in how Asia Pacific has shifted social media from the west to the east. Starting from the report, Simon shares the key major observations including Asia's rising, Tik Tok vs Facebook and how 5G will shape mobile and social media in 2020. Last but not least, Simon offers his predictions on the digital world as he looks forward to 2020. Here are the interesting show notes and links to the discussion (with time-stamps included): Simon Kemp (@eskimon, LinkedIn), Founder & CEO of Kepios We met during the live show in Singapore and many thanks for coming on as one of our three mysterious guests on the show. Since our last conversation, what have you been up to?  Shift to the East: We Are Social Q4 Report and Q4 2019 StatShot Report. Reference: The DataReportal library of free reports What are the key major trends that you have observed globally and then specifically to the Asia Pacific? In this Q4 report, you talk about Asia’s rising, can you break down what the key observations are? How has been the growth in social media like in Asia Pacific: is it growing, stagnating or declining? Based on the recent backlashes on Facebook, does the data show that the social media site has been on a decline? And are other platforms owned by Facebook such as Whatsup & Instagram been affected? What about Tik Tok? How has their growth in Asia Pacific like? Do you think that Tik Tok will face significant headwinds in the US similar to Huawei? Specifically, the top apps in the Asia Pacific are no longer just confined to China but also in Japan and Korea as well, is it a foreshadowing of a longer trend? What are some new social media sites/apps/networks that you are monitoring that no one else is looking at in the region? How is 5G transforming China & Asia Pacific in this quarter? What should we be looking forward to in 2020?  Closing Do you have recent recommendations of books or anything else to share? Simon's recommendations: Danny Denhard’s newsletter, How can my audience find you? Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

Rebecca Fannin, author of "Tech Titans of China" and founder of Silicon Dragon Ventures joined us for a conversation to discuss her new book and offered her perspectives on how China will reshape the world with their breed of tech giants: Baidu, Alibaba, Tencent and many more. Rebecca began with the story of her career and how she came to cover Chinese technology companies from its earliest days. She discussed the major themes of her new book, and how the current trade tensions will shape China's path in the technology space and why we need to start thinking of China as originators of technology rather than the misconceptions that they are copycats. Here are the interesting show notes and links to the discussion (with time-stamps included): Rebecca Fannin (@rfannin, LinkedIn), Author of “Tech Titans of China” and Founder of Silicon Dragon Ventures [0:16] As a young person who also works for a media company, I must ask, how did you start your career? [0:32] What advice would you give to young people looking to be a tech reporter or a media entrepreneur? [3:55] You have started covering China tech much earlier than most people with your first book “Silicon Dragon”, what are the major key misconceptions you have observed in how other parts of the world cover China? [5:30] As you have interacted with many key entrepreneurs such as Robin Li and Jack Ma, who is the most interesting entrepreneur in China who you have interviewed so far? [7:13] Tech Titans of China: “How China’s Tech Sector Is Challenging the World by Innovating Faster, Working Harder, & Going Global” [10:30] What are the main themes of the book and who are the intended audience? [10:40] We have known the Baidu-Alibaba-Tencent or BAT in short that are core key companies in China similar to Amazon, Google and Facebook in the US. How are they different? [13:20] From copiers to now originators, what are the key turning points for China to become a technology power in the world? [15:45] Is the government and their regulations the key reason why the tech giants in the US do not manage to penetrate into China? What are the other key reasons as to why the US tech companies have so many problems entering China? [17:50] If China has not banned Google, Facebook or Twitter, would these companies have succeeded? [20:10] We are increasingly seeing the decoupling of China and the US technology sector given the current US-China trade war. Do you think that the global supply chain which powers tech companies from both countries will break apart with what happened to ZTE and Huawei? [22:17]  How does China have evolved in these three key areas [22:19]: Ecommerce [22:22] AI [25:18] Drones and robots given that they have the most established and well developed manufacturing ecosystem in Shenzhen while US manufacturing has declined over the past three decades [27:58] Where do you see the future of Chinese tech for China and will it start spilling to the rest of the world given its nascent influence in India, Southeast Asia, and Africa? [29:17] Which tech giants in China are currently interesting from your perspective? [31:20] Closing [33:42] How can my audience find you? [33:52] Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin) and originally created by Bernard Leong (@bernardleong).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

James Hull from Hullx and co-host of China Tech Investor podcast joined us in a discussion on whether we should replace Baidu with Bytedance in the BAT China. Starting with the question, James dived deep into the business structures of Baidu and Bytedance and examined whether Baidu has lost their edge as one of the three tech giants of China. In the same conversation, James offered his perspectives on how Bytedance will replace Baidu in the future. Here are the interesting show notes and links to the discussion (with time-stamps included): James Hull (@jameshullx, LinkedIn), Co-host of China Tech Investor podcast and Founder of Hullx [0:21] Since you have last appeared on the podcast, what have you been up to? [0:50] Should we replace Baidu with Bytedance in the BAT? [0:56] BAT (Baidu, Alibaba, Tencent) & TMD (Toutiao, Meituan-dianping, Didi)  Let’s start with Baidu. How has Baidu performed as a public company for the past decade? [2:08] What are the key businesses of Baidu? (iQiyi is spun off as a separate company)? [3:27] Baidu's advances in AI [4:56] and in the intelligent audio input interface and speaker sector. [5:42] Is Baidu dependent on the advertising business similar to Google in the US? [6:51] Comparison between Baidu and Bytedance in terms of user information feeds [9:30] Bytedance's advantage with user feeds and recommendations through Douyin and Toutiao [11:51] Bytedance has been growing exponentially with a 75B valuation from their recent round with SoftBank, now the most valuable startup in the world followed by Didi. How are they performing as a business? [15:09] What are the key revenue drivers for Bytedance? How are they compared to Alibaba and Tencent? [18:08] What are Baidu’s competitive advantages that you think may allow them to stay competitive within the BAT? [24:30] How Baidu's search engine competes against Google and the rest of Chinese search engines. [28:24] Should we just replace Baidu with Bytedance in the BAT? [31:09] Interesting Chinese answer on the question for this podcast (in Chinese) in Zhihu (similar to Reddit and Quora in the US) which Carol has referenced and mentioned in the discussion.  Closing [37:24] Recommendation for a book, movie, podcast, or any consumable content?[37:24] James' recommendation: "I love capitalism" by Ken Langone , "The Great Rebalancing" by Michael Pettis Carol's recommendation: Louis Cha's or Jin Yong's martial arts novels How does our audience find you? Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

Joyce Yang, founder of Global Coin Research, joined us in a conversation about the Asian cryptocurrency market in Asia with our new host, Carol Yin. Joyce and Carol discussed the recent publication by Global Coin Research (GCR) "The Small Handbook to Asia Cryptocurrency: On local ecosystems, trends & regulations" and identified the key important trends and currents in the Asian market, specifically China, Hong Kong, Japan, Korea, Indonesia and Singapore.  Here are the interesting show notes and links to the discussion (with time-stamps included): Joyce Yang (@JoyceInNYC , LinkedIn), Founder of Global Coin Research [0:40] Since our last conversation, what have you been up to? [1:03] The Small Handbook to Asia Cryptocurrency: On local ecosystems, trends & regulations published by Global Coin Research (GCR) [4:56] Joyce discuss the GCR's new advisory & venture fund.  How did you and your team in GCR put the handbook together? [5:08] Who are the intended audience? [8:14] What are the main themes of the handbook? [10:26] Are there any common threads on cryptocurrency within Asia? For example, it seems that a lot of Asian countries have banned ICOs. Prolonged bear market, IEO. [11:22] China [13:25] China is probably the most important market for cryptocurrency whether it’s bitcoin and blockchain and have banned ICOs since 2017 and at the same time, reducing bitcoin mining towards zero, what are the key trends in 2019 which you believe that are most important? [13:46] One interesting part on China is that you have broken down the major financial institutions in the Chinese government that everyone dabbling in bitcoin and blockchain must know, which are they and why they are important to the whole ecosystem? [16:01] Are there any major differences between Hong Kong and China when it comes to cryptocurrency? [17:41] Is Hong Kong following China with respect to regulation in blockchain and bitcoin given that it has also banned ICOs now? [19:41]  Japan and Korea [20:34] How has the Japanese cryptocurrency market changed after the major theft of bitcoins from Mount Gox in 2014? [20:49] Can you briefly talk about the Japanese blockchain startup ecosystem and also the Japanese enterprises in blockchain? [22:55] Who are the key players from the startup spaces and major enterprises involved in cryptocurrency within Korea? [24:44] Korea is known for the kimchi premium: can you explain what that means in the context of cryptocurrency? [26:32] Singapore and Indonesia [28:27] Indonesia is the largest market in Southeast Asia, can you talk about how the government is viewing cryptocurrency (bitcoin + blockchain)? [28:29] Who are the key players from the startup spaces and major enterprises involved in cryptocurrency within Indonesia? [29:58] How is Singapore looking at regulation in the cryptocurrency market? [31:05] We notice a lot of major cryptocurrency players (Binance) are based in Singapore, what are its competitive strengths and weaknesses? [32:54] Other interesting Asian markets: Thailand and Vietnam. [35:02] Closing [36:14] How do my audience find you? [36:28] The Global Coin Podcast  Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted and produced by Carol Yin (@CarolYujiaYin).  Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack.

Fresh out of the studio, Chua Kee Lock, CEO of Vertex Holdings and managing partner of Vertex Ventures, Southeast Asia & India joined us in a conversation together with guest host Charles Reed Anderson of TechBurst Asia podcast about the venture capital firm and its footprint across Southeast Asia globally. We start with Kee Lock's story and how he eventually become a venture capitalist. Following on, Kee Lock discuss Vertex Holdings and Vertex Ventures and how the fund assembles and helps their portfolio of high growth startups such as Grab in the region. Last but not least, Kee Lock discuss the evolution of venture capital in Southeast Asia and India and where it is leading. Here are the interesting show notes and links to the discussion (with time-stamps included): Chua Kee Lock,  CEO of Vertex Holdings & Managing Partner of Vertex Ventures Southeast Asia & India ( LinkedIn) [0:25] How did you start your career? [0:36] In your career journey, what are the words of wisdom you can share with my audience based on your time in Silicon Valley? [2:18] Kee Lock's thoughts on why people are central to building successful technology companies. [3:30] Vertex Holdings and Vertex Ventures [5:00] Can you give a brief introduction to Vertex Holdings and its relationship with Temasek Holdings? [5:10]   What’s a typical day for you like as a VC? [11:07] Can you describe the different funds under Vertex Holdings and their current purposes? Does the different funds reflect the different stages of investment? [12:45] What are the traits of founders and startups which the investment team in Vertex seek? [14:00] What are the interesting companies within the Vertex portfolio? [16:40] Grab Licious Validus Instarem How does the Vertex network help the portfolio companies or companies who might be interested to seek funding? [21:30] Vertex has made very interesting investments globally, for example, Grab, Spacemob (acquired by Wework), Mobike (acquired by Meituan Dianping) and many others, how do you work with the founders and what help do most high growth companies need most in the early stage?  Trends in venture capital across India and Southeast Asia [24:40] What are your thoughts on the investment opportunity in India and Southeast Asia? [25:00] Southeast Asia is not a homogeneous market with different countries at different stages of economic development, how does Vertex see their investments when they do their regional expansion? Do you see India with the same challenge? [26:25] Kee Lock's comments on shortage of tech talent and skills in Asia and how entrepreneurs are solving them. [28:30] Kee Lock's thoughts on returning technology talent to Asia from Silicon Valley and its impact to startup ecosystems in Asia Pacific for the next few years. [30:50] Does the lack of exits in India and Southeast Asia deter the market opportunity for venture capital to thrive? [31:35] With more global funds entering the region, do you see the potential of an overheated market with valuations going up? [33:00] Where do you see the evolution of venture capital in the next few years? [35:30] Closing [37:40] Can you recommend a book or movie or podcast or anything which recently made an impact to your work and personal life? [37:45] Kee Lock's recommendations: Ray Dalio's "Principles" and Simon Sinek's "Start from Why" How do my audience find you? [39:00] Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted by guest host Charles Reed Anderson (@CRASingapore, LinkedIn) from Techburst Asia Podcast and produced by Carol Yin and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk (Twitter, Facebook, Medium). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack and this episode is fully produced by Carol Yin (@CarolYujiaYin). Editor's note: We thank Charles for helping us to guest host this episode before Carol starts her new role as the producer and host of Analyse Asia after the live show.

Steve Melhuish, co-founder of PropertyGuru and partner from Wavemaker VC, shares the lessons of his journey from an entrepreneur with PropertyGuru to now a partner in a venture capital firm. Steve started with the backstory behind on how he founded PropertyGuru and shared the lessons in scaling up the company across Southeast Asia and explained the thinking process and execution behind his transition out of the CEO role in the company. Subsequently, Steve discuss his current gig with Wavemaker VC, and the key traits in companies and founders which he invests on and his current thoughts on the proptech space. Here are the interesting show notes and links to the discussion (with time-stamps included): Steve Melhuish, co-founder of PropertyGuru and partner in Wavemaker VC (LinkedIn) [0:12] How did you start your career? [0:30] In your career journey, what are the most interesting lessons that you can share with my audience? [5:07] PropertyGuru [10:17] Can you talk about the backstory when you founded PropertyGuru? [10:42] From the creation of the company till you moving over to be a venture capitalist, what are the most interesting milestones that PropertyGuru? [14:07] What is the rationale for you to step down as CEO and what's the thinking and execution phase to bring in a professional CEO and make that transition happen? [22:52] How are you involved with PropertyGuru now? [29:00] Wavemaker VC [30:00] Can you introduce Wavemaker, the venture capital firm in Southeast Asia to my audience? [30:05] What’s your current role and coverage as a venture partner in Wavemaker VC? [32:31] What is a typical day for you as a venture capitalist? [35:05] What are the attributes in founders from startups that you look for before investing in them? [36:05] Which are the interesting verticals that you are now looking into startups for investment? [39:15] Can you talk about your perspectives on the current wave of startups in proptech, and what are the key opportunities there for startups to solve? [41:10] How would you advise a startup to expand into Southeast Asia? [44:49] Closing [46:30] Can you recommend a book, movie, podcast or anything else that has recently impact your personal or work life? [46:39] Steve's recommendation: "Blue Planet 2" documentary by David Attenborough and the movie "Vice", books such as "Delivering Happiness" by Tony Hsieh, "Start from Why" by Simon Sinek, "Good to Great" by Jim Collins, "Mastering the Rockefeller Habits" by Verne Harnish. Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted by Bernard Leong (@bernardleong & weibo) until 30 June 2019 and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk (Twitter, Facebook, Medium). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack and this episode is edited by Carol Yin, and co-produced by Carol Yin and Bernard Leong. This episode is recorded and produced in June 2019.

Grace Park, co-founder & president of DocDoc joined us in a conversation about leadership and regional expansion of DocDoc in Asia. Grace started the conversation, narrating her background as a military officer with the US army and how she moved subsequently from a military career into a business executive in notable healthcare companies. Grace shared the backstory behind the founding of DocDoc as a leading patient intelligence company from her perspective and offered her perspectives in how she utilized her experience to expand DocDoc regionally across Asia. Last but not least, Grace offered her thoughts on leadership and the importance of how to lead teams to success in different settings. Editor's note: This interview was conducted in June 2019, and recently DocDoc has raised their series B funding of US$13M. Here are the interesting show notes and links to the discussion (with time-stamps included): Grace Park (Facebook, LinkedIn), co-founder & President of DocDoc [0:19] How did you start your career? [1:12] Before Docdoc, you have been taken senior executive roles in medical and healthcare sector with Bristol-Myers Squibb and Medtronic, can you talk about what you have done in these companies and how that experience shapes the way in how you operate in Asia Pacific markets? [4:15]  In your career journey, what are the interesting life lessons you can share with my audience? [6:34] DocDoc & Perspectives on Regional Expansion of Digital Healthcare in Asia Pacific [8:08] I am curious to know the backstory of Docdoc from your perspective given Cole has offered the same story in an earlier episode. Can you articulate the founding story from your perspective and how did that translate to founding of Docdoc? [8:24] Let's help our audience to refresh their understanding of the company DocDoc, can you describe the company and its vision and mission? [12:44] What is your current role and coverage as the President of DocDoc? [15:34] What keeps you awake at night or gets you excited every morning about DocDoc’s mission? [16:35] Given DocDoc focus on to be the leader in patient intelligence, how do you build the trust and bringing the doctors in DocDoc’s network? From your engagement with the doctors, what are the doctors’ major pain points as providers of medical care in the entire healthcare supply chain?[17:56] You have led in expanding DocDoc’s business across Asia Pacific, can you talk about how you think strategically on the go to market and build the right teams to expand into countries such as Korea and Hong Kong? [21:56] What are the most interesting lessons you have learned in working in a startup environment with DocDoc? What will you have done differently? [23:15] Leadership [25:37] I understand that you are a great student on leadership. What are the books in leadership which have inspired you and further your thinking on the subject? [26:09] Viktor Frankl's "Man Search for Meaning" Warren G Bennis "On Becoming a Leader" Ron Heifetz "Leadership without Easy Answers" You have an interesting career before Harvard Business School in the US military, and you were based in Korea as an officer, how did the experience shape you as a leader in the military and subsequently in the corporate world? [28:50] In your opinion, what are the most important traits for a leader? [32:40] Do you think that a team learn more by going thru a crisis than going thru the regular motion of the day? [33:40] Do you see a difference between a manager and a leader? [35:13] Can you talk about your style of leadership and how did it come about? [36:18] Closing [38:22] Can you recommend a book or movie or podcast or anything which recently made an impact to your work and personal life? [38:35] Grace's recommendations: Eric Topol, "Deep Medicine" and two articles: (a) Tampa Bay Times, "Heartbroken" and NY Times "Listen to What Doctors in 'times of crisis' said behind doors" How can my audience find you? [41:13] Podcast Information: RSS Feed Apple Podcasts Himalaya Spotify Libsyn Google Play Overcast FM SoundCloud Luminary Twitter Facebook Video Facebook Page Linkedin Stitcher Castbox RadioPublic Acast PodBean ListenNotes TuneIn The show is hosted by Bernard Leong (@bernardleong & weibo) until 30 June 2019 and are sponsored by Ideal Workspace (Twitter, Facebook and LinkedIn) with their new Altizen Desk (Twitter, Facebook, Medium). Sound credits for the intro music: Taro Iwashiro, "The Beginning" from Red Cliff Soundtrack and this episode is edited by Carol Yin, and co-produced by Carol Yin and Bernard Leong. This episode is recorded and produced in June 2019.