Wednesday, 23 September 2020

Venture Capital Indonesia

This post first appeared on Venture Capital Indonesia
For Startup Investments check out https://www.nexea.co

This article talks about the Venture Capital Indonesia ecosystem where it answers the basic questions of what is venture capital, why do companies require a venture capitalist to listing down venture capital companies in Indonesia. Lastly, we provide several tips in helping you find the right venture capital firm for your company.

What is Venture Capital?

A venture capitalist or VC is an investor who either gives funding to startup ventures or supports small organisations that desire to expand but do not have access to equities markets. Venture capitalists are willing to invest in companies that fit in those criteria because they have the potential to earn a huge return on their investments if these companies end up being successful.

Some of the aspects that venture capitalists look for are strong management team, large potential market and a unique product or service with a strong competitive advantage. Also, they seek for opportunities that they are familiar with, and the opportunity to possess an enormous stake of the business so that they can influence its direction. Here at NEXEA, we are interested in tech start-ups as this is our expertise.

Why do companies require a Venture Capitalist?

You may be thinking, “Why do I need a VC? or What kind of value can a VC bring in to my business?” Well, it is true that not many Venture Capitalists are able to bring in much value. This is because they are too busy managing 10-20 companies per partner as well as managing their Limited Partners (investors).

Nevertheless, any VC is more than just providing funds. Since they will become part the owner of your business, they would want to see the company grow as well by providing any necessary help succeed a startup. At NEXEA, we offer to our invested startups ex-entrepreneurs who can guide young entrepreneurs with their business as well as provide some advice to avoid making the mistakes that they have made in the past.

For entrepreneurs and CEO of rapidly growing companies, most of them are inexperienced and they do not always know what to look out for. That is why a lot of startups need venture capitalist and in order to lessen the risk for a venture capitalist, it is important that startup founders are being connected to industry experts.

“You will need to do the due diligence in order to really understand if a VC is going to add value in addition to capital. This value can be introductions for potential partnerships, their network of other successful founders or the infrastructure the firm brings.”

Venture Capital Indonesia – Environment

Currently, the ecosystem of venture capital Indonesia is the second-largest in Southeast Asia, with Singapore maintaining its position as the leading market and Malaysia is in the third position. According to Deal Street Asia, Indonesian venture capital companies has raised up to US$582 million in 2019 which is a 79% increase from the previous year.

Being a country that has a large population, Indonesia has the potential to become the fourth-biggest economy in the world, surpassing Singapore. McKinsey noted that Indonesia’s e-commerce sales are expected to rise around 17%-30% within the next five years. With such potential for technology disruption and growth especially in the focused industries, such as e-commerce, fintech and halal lifestyle, the Indonesian tech story is just beginning.

venture capital indonesia

Very Early Stage Investment Firms in Venture Capital Indonesia (<US$1m)

Later Stage Investment Firms in Venture Capital Indonesia (>US$1m)

Finding the right venture capital firm for your company

The first step to finding the right venture capital Indonesia firm for your company is to know what stage your company is at right now. After figuring out the stage of your business, you can start applying to venture capital. Remember to prepare an informing pitch deck so that you have a higher chance of getting funded when pitching your company. Here are some examples of how a pitch deck should look like made by other successful companies.

Secondly, in order to find the best VCs, you should look out for their infrastructure and “speciality”. It is best to find VCs that specialised in the industry that your company is in because you will then be provided with the best support tailored to your needs. Venture Capitalists like First Round Capital, Y Combinator or 500 Startups have a dedicated team of marketers, recruiters, experts and other necessary resources to bring into the company that they invest in. At NEXEA, we have dedicated lawyers, regional level CFOs, a lot of world-class CEOs that mentor and invest in startups as well as other supportive infrastructure in place.

Lastly, it is important to set some boundaries for yourself. If your company are one of those companies that are founded by multiple people, it is very important that there is a mutual understanding between each other on what you are willing to give away. Giving away is not only in terms of equity but in time as well. When a venture capitalist invests in your firm the whole working dynamic can change as you hopefully transition your company into a fast-growing firm.

Steps to finding the right venture capital firm

Besides that, here are some additional tips on how to find the right venture capital firm for your company. We’ve made it into several easy steps where you can easily implement through the list of companies in Venture Capital Indonesia to see which ones that fit well with your firm’s needs.

  1. Geography: The location of your startup should be in the region which the VC is operating in. At NEXEA, we invest in tech startups in the SEA region. However, for some programs, we prefer companies that are based in Malaysia as our HQ is located in Kuala Lumpur. Thus, do some research on the VC to know if your location is applicable to them.
  2. Sector: Usually VC’s only invest in companies that operate in fields of business where they have a lot of experience in. That goes to show why at NEXEA we invest in tech startups because we have a lot of expertise in tech-related companies. For us, a company which has a traditional business model would not be applicable.
  3. Portfolio conflict: A VC will typically not invest in a company which is a direct competitor of a company in their portfolio. So before applying to a VC, you should find out about their portfolio and see if you can identify any direct competitors to your company.
  4. Involvement: There are two types of VC firms. The first group are the VCs that are very involved. These type of VCs typically do not invest in a lot of companies as they do not have the time to be highly involved in all the companies that they invest in. The second group of VCs are the opposite where these firms are not very involved in the companies they invest in. This is usually due to the number of startups they invest in. They simply don’t have the time to have a meeting with each startup every week.
    At NEXEA, we are highly involved with each startup due to our startup mentor network. For a startup, it is essential to know from each founder whether they prefer a highly involved VC or less involved VC.
  5. Fund size: A startup has to know beforehand what series a VC invest in. It does not make sense to apply for a pre-seed startup while you are doing your A-series. Furthermore, if you plan beforehand that you want to do your B-series and A series with the same VC to ensure good collaboration, you should check whether or not they invest in both series.

Venture Capital Indonesia Summary

The number of venture capital firms in Indonesia has been growing rapidly which is reflected by the growing number of startups that are starting and growing in the region. For startups wanting a venture capital, it is crucial to first identify the stage of their company is as well as setting boundaries for the company in order to find the right expertise needed for the company.

We hope this article has provided you with a head start on what you should be looking for in a venture capitalist. Let us know in the comments section if there is anything else that you would like to know more about venture capital Indonesia.

If you’d like to know more about venture capitalists in other Southeast Asian countries such as Malaysia, Singapore, Thailand, Vietnam and the Philippines, check out the Southeast Asian Venture Capital article.

Learn More About NEXEA Venture Capital & How We Provide More Than Just Money

References:

For more, check out NEXEA
For Startup Investments check out https://www.nexea.co



source https://www.nexea.co/venture-capital-indonesia-nexea/

source https://nexeaaccelerator.blogspot.com/2020/09/venture-capital-indonesia.html

Venture Capital Thailand

This post first appeared on Venture Capital Thailand
For Startup Investments check out https://www.nexea.co

This article talks about the Venture Capital Thailand ecosystem where it answers the basic questions of what is venture capital, why do companies require a venture capitalist to listing down venture capital companies in Thailand. Lastly, we provide several tips in helping you find the right venture capital firm for your company.

What is Venture Capital?

A venture capitalist or VC is an investor who either gives funding to startup ventures or supports small organisations that desire to expand but do not have access to equities markets. Venture capitalists are willing to invest in companies that fit in those criteria because they have the potential to earn a huge return on their investments if these companies end up being successful.

Some of the aspects that venture capitalists look for are strong management team, large potential market and a unique product or service with a strong competitive advantage. Also, they seek for opportunities that they are familiar with, and the opportunity to possess an enormous stake of the business so that they can influence its direction. Here at NEXEA, we are interested in tech start-ups as this is our expertise.

Why do companies require a Venture Capitalist?

You may be thinking, “Why do I need a VC? or What kind of value can a VC bring in to my business?” Well, it is true that not many Venture Capitalists are able to bring in much value. This is because they are too busy managing 10-20 companies per partner as well as managing their Limited Partners (investors).

Nevertheless, any VC is more than just providing funds. Since they will become part the owner of your business, they would want to see the company grow as well by providing any necessary help succeed a startup. At NEXEA, we offer to our invested startups ex-entrepreneurs who can guide young entrepreneurs with their business as well as provide some advice to avoid making the mistakes that they have made in the past.

For entrepreneurs and CEO of rapidly growing companies, most of them are inexperienced and they do not always know what to look out for. That is why a lot of startups need venture capitalist and in order to lessen the risk for a venture capitalist, it is important that startup founders are being connected to industry experts.

“You will need to do the due diligence in order to really understand if a VC is going to add value in addition to capital. This value can be introductions for potential partnerships, their network of other successful founders or the infrastructure the firm brings.”

Venture Capital Thailand – Environment

Thailand is the second largest ASEAN economy with an expected GDP of 528 USD billion by the end of 2020. Having relatively skilled labor force as well as cheaper business and living costs in comparison to established venture capital ecosystem like Singapore, the Kingdom is in a transition from an industrial and export-oriented economy to a service and knowledge-based economy.

The Thai government has enforced their Thailand 4.0 strategy back in 2018 in order to encourage future growth industries ranging from next-generation automotive, food for the future to digital, developing highly skilled labour force as well as promoting innovation. With such a strategy, the government hopes that it will provide the economy with a comprehensive push towards digitalisation through its 20-year national Digital Economy Masterplan – boosting the ecosystem of venture capital Thailand even more.

venture capital thailand

Very Early Stage Investment Firms in Venture Capital Thailand (<US$1m)

Later Stage Investment Firms in Venture Capital Thailand (>US$1m)

Finding the right venture capital firm for your company

The first step to finding the right venture capital firm for your company is to know what stage your company is at right now. After figuring out the stage of your business, you can start applying to venture capital. Remember to prepare an informing pitch deck in order for you to have a higher chance of getting funded when pitching your company. Here are some examples of how a pitch deck should look like made by other successful companies.

Secondly, in order to find the best VCs, you should look out for their infrastructure and “speciality”. It is best to find VCs that specialised in the industry that your company is in because you will then be provided with the best support tailored to your needs. Venture Capitalists like First Round Capital, Y Combinator or 500 Startups have a dedicated team of marketers, recruiters, experts and other necessary resources to bring into the company that they invest in. At NEXEA, we have dedicated lawyers, regional level CFOs, a lot of world-class CEOs that mentor and invest in startups as well as other supportive infrastructure in place.

Lastly, it is important to set some boundaries for yourself. If your company are one of those companies that are founded by multiple people, it is very important that there is a mutual understanding between each other on what you are willing to give away. Giving away is not only in terms of equity but in time as well. When a venture capitalist invests in your firm the whole working dynamic can change as you hopefully transition your company into a fast-growing firm.

Steps to finding the right venture capital firm

Besides that, here are some additional tips on how to find the right venture capital firm for your company. We’ve made it into several easy steps where you can easily implement through the list of companies in Venture Capital Thailand to see which ones fit well with your firm’s needs.

  1. Geography: The location of your startup should be in the region which the VC is operating in. At NEXEA, we invest in tech startups in the SEA region. However, for some programs, we prefer companies that are based in Malaysia as our HQ is located in Kuala Lumpur. Thus, do some research on the VC to know if your location is applicable to them.
  2. Sector: Usually VC’s only invest in companies that operate in fields of business where they have a lot of experience in. That goes to show why at NEXEA we invest in tech startups because we have a lot of expertise in tech-related companies. For us, a company which has a traditional business model would not be applicable.
  3. Portfolio conflict: A VC will typically not invest in a company which is a direct competitor of a company in their portfolio. So before applying to a VC, you should find out about their portfolio and see if you can identify any direct competitors to your company.
  4. Involvement: There are two types of VC firms. The first group are the VCs that are very involved. These type of VCs typically do not invest in a lot of companies as they do not have the time to be highly involved in all the companies that they invest in. The second group of VCs are the opposite where these firms are not very involved in the companies they invest in. This is usually due to the number of startups they invest in. They simply don’t have the time to have a meeting with each startup every week.
    At NEXEA, we are highly involved with each startup due to our startup mentor network. For a startup, it is essential to know from each founder whether they prefer a highly involved VC or less involved VC.
  5. Fund size: A startup has to know beforehand what series a VC invest in. It does not make sense to apply for a pre-seed startup while you are doing your A-series. Furthermore, if you plan beforehand that you want to do your B-series and A series with the same VC to ensure good collaboration, you should check whether or not they invest in both series.

Venture Capital Thailand Summary

The number of venture capital firms in Thailand has been growing rapidly which is reflected by the growing number of startups that are starting and growing in the region. For startups wanting a venture capital, it is crucial to first identify the stage of their company is as well as setting boundaries for the company in order to find the right expertise needed for the company.

We hope this article has provided you with a head start on what you should be looking for in a venture capitalist. Let us know in the comments section if there is anything else that you would like to know more about venture capital Thailand.

If you’d like to know more about venture capitalists in other Southeast Asian countries such as Malaysia, Vietnam, Indonesia, the Philippines and Singapore, check out the Southeast Asian Venture Capital article.

Learn More About NEXEA Venture Capital & How We Provide More Than Just Money

References:

For more, check out NEXEA
For Startup Investments check out https://www.nexea.co



source https://www.nexea.co/venture-capital-thailand-nexea/

source https://nexeaaccelerator.blogspot.com/2020/09/venture-capital-thailand.html

Venture Capital Vietnam

This post first appeared on Venture Capital Vietnam
For Startup Investments check out https://www.nexea.co

This article talks about the Venture Capital Vietnam ecosystem where it answers the basic questions of what is venture capital, why do companies require a venture capitalist to listing down venture capital companies in Vietnam. Lastly, we provide several tips in helping you find the right venture capital firm for your company.

What is Venture Capital?

A venture capitalist or VC is an investor who either gives funding to startup ventures or supports small organisations that desire to expand but do not have access to equities markets. Venture capitalists are willing to invest in companies that fit in those criteria because they have the potential to earn a huge return on their investments if these companies end up being successful.

Some of the aspects that venture capitalists look for are strong management team, large potential market and a unique product or service with a strong competitive advantage. Also, they seek for opportunities that they are familiar with, and the opportunity to possess an enormous stake of the business so that they can influence its direction. Here at NEXEA, we are interested in tech start-ups as this is our expertise.

Why do companies require a Venture Capitalist?

You may be thinking, “Why do I need a VC? or What kind of value can a VC bring in to my business?” Well, it is true that not many Venture Capitalists are able to bring in much value. This is because they are too busy managing 10-20 companies per partner as well as managing their Limited Partners (investors).

Nevertheless, any VC is more than just providing funds. Since they will become part the owner of your business, they would want to see the company grow as well by providing any necessary help succeed a startup. At NEXEA, we offer to our invested startups ex-entrepreneurs who can guide young entrepreneurs with their business as well as provide some advice to avoid making the mistakes that they have made in the past.

For entrepreneurs and CEO of rapidly growing companies, most of them are inexperienced and they do not always know what to look out for. That is why a lot of startups need venture capitalist and in order to lessen the risk for a venture capitalist, it is important that startup founders are being connected to industry experts.

“You will need to do the due diligence in order to really understand if a VC is going to add value in addition to capital. This value can be introductions for potential partnerships, their network of other successful founders or the infrastructure the firm brings.”

Venture Capital Vietnam – Environment

The ecosystem of Venture Capital Vietnam has been developing since 2004. With the new surge of Vietnamese companies from industries ranging from trucking to fintech and facial recognition has attracted an exponential number of venture capital money, making Vietnam one of Asia’s youngest and fastest-growing economies. According to the World Bank, Vietnam’s per capita GDP has increased tenfold over the past 30 years.

Currently, one of the big themes that Vietnamese and other Asian venture capitalists are attracted to is the regional expansion of Vietnam’s growing companies as well as acquiring any business idea that revolves around young consumers or digital transformation. It is no surprise that Vietnam is pulling ahead of Thailand, its more developed regional neighbour at the rate that the country is growing.

venture capital vietnam

Very Early Stage Investment Firms in Venture Capital Vietnam (<US$1m)

Later Stage Investment Firms in Venture Capital Vietnam (>US$1m)

Finding the right venture capital firm for your company

The first step to finding the right venture capital Vietnam firm for your company is to know what stage your company is at right now. After figuring out the stage of your business, you can start applying to venture capital. Remember to prepare an informing pitch deck so that you have a higher chance of getting funded when pitching your company. Here are some examples of how a pitch deck should look like made by other successful companies.

Secondly, in order to find the best VCs, you should look out for their infrastructure and “speciality”. It is best to find VCs that specialised in the industry that your company is in because you will then be provided with the best support tailored to your needs. Venture Capitalists like First Round Capital, Y Combinator or 500 Startups have a dedicated team of marketers, recruiters, experts and other necessary resources to bring into the company that they invest in. At NEXEA, we have dedicated lawyers, regional level CFOs, a lot of world-class CEOs that mentor and invest in startups as well as other supportive infrastructure in place.

Lastly, it is important to set some boundaries for yourself. If your company are one of those companies that are founded by multiple people, it is very important that there is a mutual understanding between each other on what you are willing to give away. Giving away is not only in terms of equity but in time as well. When a venture capitalist invests in your firm the whole working dynamic can change as you hopefully transition your company into a fast-growing firm.

Steps to finding the right venture capital firm

Besides that, here are some additional tips on how to find the right venture capital firm for your company. We’ve made it into several easy steps where you can easily implement through the list of companies in Venture Capital Vietnam to see which ones that fit well with your firm’s needs.

  1. Geography: The location of your startup should be in the region which the VC is operating in. At NEXEA, we invest in tech startups in the SEA region. However, for some programs, we prefer companies that are based in Malaysia as our HQ is located in Kuala Lumpur. Thus, do some research on the VC to know if your location is applicable to them.
  2. Sector: Usually VC’s only invest in companies that operate in fields of business where they have a lot of experience in. That goes to show why at NEXEA we invest in tech startups because we have a lot of expertise in tech-related companies. For us, a company which has a traditional business model would not be applicable.
  3. Portfolio conflict: A VC will typically not invest in a company which is a direct competitor of a company in their portfolio. So before applying to a VC, you should find out about their portfolio and see if you can identify any direct competitors to your company.
  4. Involvement: There are two types of VC firms. The first group are the VCs that are very involved. These type of VCs typically do not invest in a lot of companies as they do not have the time to be highly involved in all the companies that they invest in. The second group of VCs are the opposite where these firms are not very involved in the companies they invest in. This is usually due to the number of startups they invest in. They simply don’t have the time to have a meeting with each startup every week.
    At NEXEA, we are highly involved with each startup due to our startup mentor network. For a startup, it is essential to know from each founder whether they prefer a highly involved VC or less involved VC.
  5. Fund size: A startup has to know beforehand what series a VC invest in. It does not make sense to apply for a pre-seed startup while you are doing your A-series. Furthermore, if you plan beforehand that you want to do your B-series and A series with the same VC to ensure good collaboration, you should check whether or not they invest in both series.

Venture Capital Vietnam Summary

The number of venture capital firms in Vietnam has been growing rapidly which is reflected by the growing number of startups that are starting and growing in the region. For startups wanting a venture capital, it is crucial to first identify the stage of their company is as well as setting boundaries for the company in order to find the right expertise needed for the company.

We hope this article has provided you with a head start on what you should be looking for in a venture capitalist. Let us know in the comments section if there is anything else that you would like to know more about venture capital Vietnam.

If you’d like to know more about venture capitalists in other Southeast Asian countries such as Malaysia, Singapore, Thailand, Indonesia and the Philippines, check out the Southeast Asian Venture Capital article.

Learn More About NEXEA Venture Capital & How We Provide More Than Just Money

References:

For more, check out NEXEA
For Startup Investments check out https://www.nexea.co



source https://www.nexea.co/venture-capital-vietnam-nexea/

source https://nexeaaccelerator.blogspot.com/2020/09/venture-capital-vietnam.html

Venture Capital Singapore

This post first appeared on Venture Capital Singapore
For Startup Investments check out https://www.nexea.co

This article talks about the Venture Capital Singapore ecosystem where it answers the basic questions of what is venture capital, why do companies require a venture capitalist to listing down venture capital companies in Singapore. Lastly, we provide several tips in helping you find the right venture capital firm for your company.

What is Venture Capital?

A venture capitalist or VC is an investor who either gives funding to startup ventures or supports small organisations that desire to expand but do not have access to equities markets. Venture capitalists are willing to invest in companies that fit in those criteria because they have the potential to earn a huge return on their investments if these companies end up being successful.

Some of the aspects that venture capitalists look for are strong management team, large potential market and a unique product or service with a strong competitive advantage. Also, they seek for opportunities that they are familiar with, and the opportunity to possess an enormous stake of the business so that they can influence its direction. Here at NEXEA, we are interested in tech start-ups as this is our expertise.

Why do companies require a Venture Capitalist?

You may be thinking, “Why do I need a VC? or What kind of value can a VC bring in to my business?” Well, it is true that not many Venture Capitalists are able to bring in much value. This is because they are too busy managing 10-20 companies per partner as well as managing their Limited Partners (investors).

Nevertheless, any VC is more than just providing funds. Since they will become part the owner of your business, they would want to see the company grow as well by providing any necessary help succeed a startup. At NEXEA, we offer to our invested startups ex-entrepreneurs who can guide young entrepreneurs with their business as well as provide some advice to avoid making the mistakes that they have made in the past.

For entrepreneurs and CEO of rapidly growing companies, most of them are inexperienced and they do not always know what to look out for. That is why a lot of startups need venture capitalist and in order to lessen the risk for a venture capitalist, it is important that startup founders are being connected to industry experts.

“You will need to do the due diligence in order to really understand if a VC is going to add value in addition to capital. This value can be introductions for potential partnerships, their network of other successful founders or the infrastructure the firm brings.”

Venture Capital Singapore – Environment

It is no secret that Singapore originates hundreds and thousands of new startups as a result of their government policies. This makes the venture capital landscape in Singapore is densely populated. Singapore is popular for being one of the largest tech hubs in Southeast Asia (SEA) in terms of VC investments.

According to a study by MDI ventures, Finc Capital and Dealroom.co, VC investments into the sector has grown seven-fold since 2015 and the value of all fintech startups in Singapore is currently US$108 billion in the year 2020. With that much said, Singapore is still one of the top Southeast Asian countries to have headquarters because of the standardised processes, high quality of human capital as well as the educated workforce in the region.

venture capital singapore

Later Stage Investment Firms in Venture Capital Singapore (>US$1m)

Finding the right venture capital firm for your company

The first step to finding the right venture capital firm for your company is to know what stage your company is at right now. After figuring out the stage of your business, you can start applying to venture capital. Remember to prepare an informing pitch deck in order for you to have a higher chance of getting funded when pitching your company. Here are some examples of how a pitch deck should look like made by other successful companies.

Secondly, in order to find the best VCs, you should look out for their infrastructure and “speciality”. It is best to find VCs that specialised in the industry that your company is in because you will then be provided with the best support tailored to your needs. Venture Capitalists like First Round Capital, Y Combinator or 500 Startups have a dedicated team of marketers, recruiters, experts and other necessary resources to bring into the company that they invest in. At NEXEA, we have dedicated lawyers, regional level CFOs, a lot of world-class CEOs that mentor and invest in startups as well as other supportive infrastructure in place.

Lastly, it is important to set some boundaries for yourself. If your company are one of those companies that are founded by multiple people, it is very important that there is a mutual understanding between each other on what you are willing to give away. Giving away is not only in terms of equity but in time as well. When a venture capitalist invests in your firm the whole working dynamic can change as you hopefully transition your company into a fast-growing firm.

Steps to finding the right venture capital firm

Besides that, here are some additional tips on how to find the right venture capital firm for your company. We’ve made it into several easy steps where you can easily implement through the list of companies in Venture Capital Singapore to see which ones fit well with your firm’s needs.

  1. Geography: The location of your startup should be in the region which the VC is operating in. At NEXEA, we invest in tech startups in the SEA region. However, for some programs, we prefer companies that are based in Malaysia as our HQ is located in Kuala Lumpur. Thus, do some research on the VC to know if your location is applicable to them.
  2. Sector: Usually VC’s only invest in companies that operate in fields of business where they have a lot of experience in. That goes to show why at NEXEA we invest in tech startups because we have a lot of expertise in tech-related companies. For us, a company which has a traditional business model would not be applicable.
  3. Portfolio conflict: A VC will typically not invest in a company which is a direct competitor of a company in their portfolio. So before applying to a VC, you should find out about their portfolio and see if you can identify any direct competitors to your company.
  4. Involvement: There are two types of VC firms. The first group are the VCs that are very involved. These type of VCs typically do not invest in a lot of companies as they do not have the time to be highly involved in all the companies that they invest in. The second group of VCs are the opposite where these firms are not very involved in the companies they invest in. This is usually due to the number of startups they invest in. They simply don’t have the time to have a meeting with each startup every week.
    At NEXEA, we are highly involved with each startup due to our startup mentor network. For a startup, it is essential to know from each founder whether they prefer a highly involved VC or less involved VC.
  5. Fund size: A startup has to know beforehand what series a VC invest in. It does not make sense to apply for a pre-seed startup while you are doing your A-series. Furthermore, if you plan beforehand that you want to do your B-series and A series with the same VC to ensure good collaboration, you should check whether or not they invest in both series.

Venture Capital Singapore Summary

The number of venture capital firms in Singapore has been growing rapidly which is reflected by the growing number of startups that are starting and growing in the region. For startups wanting a venture capital, it is crucial to first identify the stage of their company is as well as setting boundaries for the company in order to find the right expertise needed for the company.

We hope this article has provided you with a head start on what you should be looking for in a venture capitalist. Let us know in the comments section if there is anything else that you would like to know more about venture capital Singapore.

If you’d like to know more about venture capitalists in other Southeast Asian countries such as Malaysia, Vietnam, Indonesia, Thailand and the Philippines, check out the Southeast Asian Venture Capital article.

Learn More About NEXEA Venture Capital & How We Provide More Than Just Money

https://www.nexea.co/venture-capital/

References:

For more, check out NEXEA
For Startup Investments check out https://www.nexea.co



source https://www.nexea.co/venture-capital-singapore-nexea/

source https://nexeaaccelerator.blogspot.com/2020/09/venture-capital-singapore.html

Venture Capital Philippines

This post first appeared on Venture Capital Philippines
For Startup Investments check out https://www.nexea.co

This article talks about the Venture Capital Philippines ecosystem where it answers the basic questions of what is venture capital, why do companies require a venture capitalist to listing down venture capital companies in Philippines. Lastly, we provide several tips in helping you find the right venture capital firm for your company.

What is Venture Capital?

A venture capitalist or VC is an investor who either gives funding to startup ventures or supports small organisations that desire to expand but do not have access to equities markets. Venture capitalists are willing to invest in companies that fit in those criteria because they have the potential to earn a huge return on their investments if these companies end up being successful.

Some of the aspects that venture capitalists look for are strong management team, large potential market and a unique product or service with a strong competitive advantage. Also, they seek for opportunities that they are familiar with, and the opportunity to possess an enormous stake of the business so that they can influence its direction. Here at NEXEA, we are interested in tech start-ups as this is our expertise.

Why do companies require a Venture Capitalist?

You may be thinking, “Why do I need a VC? or What kind of value can a VC bring in to my business?” Well, it is true that not many Venture Capitalists are able to bring in much value. This is because they are too busy managing 10-20 companies per partner as well as managing their Limited Partners (investors).

Nevertheless, any VC is more than just providing funds. Since they will become part the owner of your business, they would want to see the company grow as well by providing any necessary help succeed a startup. At NEXEA, we offer to our invested startups ex-entrepreneurs who can guide young entrepreneurs with their business as well as provide some advice to avoid making the mistakes that they have made in the past.

For entrepreneurs and CEO of rapidly growing companies, most of them are inexperienced and they do not always know what to look out for. That is why a lot of startups need venture capitalist and in order to lessen the risk for a venture capitalist, it is important that startup founders are being connected to industry experts.

“You will need to do the due diligence in order to really understand if a VC is going to add value in addition to capital. This value can be introductions for potential partnerships, their network of other successful founders or the infrastructure the firm brings.”

Venture Capital Philippines – Environment

The ecosystem of venture capital Philippines has been growing steadily over the last three years. With the recent implementation of Innovative Startup Act or Republic Act 11337 as well as the Revised Corporation Code by the Philippine government, this shows the support of the local government towards promoting entrepreneurship.

Currently, the top successful startups are within the industries of financial technology (Fintech), e-commerce as well as medical and healthcare technology. As local regulatory are slowly changing (in-favour for entrepreneurs), the majority of venture capitalists is looking forward to the growth prospects of the Philippine startups.

venture capital Philippines

Very Early Stage Investment Firms in Venture Capital Philippines (<US$1m)

Later Stage Investment Firms in Venture Capital Philippines (>US$1m)

Finding the right venture capital firm for your company

The first step to finding the right venture capital firm for your company is to know what stage your company is at right now. After figuring out the stage of your business, you can start applying to venture capital. Remember to prepare an informing pitch deck in order for you to have a higher chance of getting funded when pitching your company. Here are some examples of how a pitch deck should look like made by other successful companies.

Secondly, in order to find the best VCs, you should look out for their infrastructure and “speciality”. It is best to find VCs that specialised in the industry that your company is in because you will then be provided with the best support tailored to your needs. Venture Capitalists like First Round Capital, Y Combinator or 500 Startups have a dedicated team of marketers, recruiters, experts and other necessary resources to bring into the company that they invest in. At NEXEA, we have dedicated lawyers, regional level CFOs, a lot of world-class CEOs that mentor and invest in startups as well as other supportive infrastructure in place.

Lastly, it is important to set some boundaries for yourself. If your company are one of those companies that are founded by multiple people, it is very important that there is a mutual understanding between each other on what you are willing to give away. Giving away is not only in terms of equity but in time as well. When a venture capitalist invests in your firm the whole working dynamic can change as you hopefully transition your company into a fast-growing firm.

Steps to finding the right venture capital firm

Besides that, here are some additional tips on how to find the right venture capital firm for your company. We’ve made it into several easy steps where you can easily implement through the list of companies in Venture Capital Philippines to see which ones that fit well with your firm’s needs.

  1. Geography: The location of your startup should be in the region which the VC is operating in. At NEXEA, we invest in tech startups in the SEA region. However, for some programs, we prefer companies that are based in Malaysia as our HQ is located in Kuala Lumpur. Thus, do some research on the VC to know if your location is applicable to them.
  2. Sector: Usually VC’s only invest in companies that operate in fields of business where they have a lot of experience in. That goes to show why at NEXEA we invest in tech startups because we have a lot of expertise in tech-related companies. For us, a company which has a traditional business model would not be applicable.
  3. Portfolio conflict: A VC will typically not invest in a company which is a direct competitor of a company in their portfolio. So before applying to a VC, you should find out about their portfolio and see if you can identify any direct competitors to your company.
  4. Involvement: There are two types of VC firms. The first group are the VCs that are very involved. These type of VCs typically do not invest in a lot of companies as they do not have the time to be highly involved in all the companies that they invest in. The second group of VCs are the opposite where these firms are not very involved in the companies they invest in. This is usually due to the number of startups they invest in. They simply don’t have the time to have a meeting with each startup every week.
    At NEXEA, we are highly involved with each startup due to our startup mentor network. For a startup, it is essential to know from each founder whether they prefer a highly involved VC or less involved VC.
  5. Fund size: A startup has to know beforehand what series a VC invest in. It does not make sense to apply for a pre-seed startup while you are doing your A-series. Furthermore, if you plan beforehand that you want to do your B-series and A series with the same VC to ensure good collaboration, you should check whether or not they invest in both series.

Venture Capital Philippines Summary

The Philippine venture capital ecosystem is slowly growing as more and more startups are expected to increase in the succeeding years. With that said, for startups wanting a venture capital, it is crucial to first identify the stage of their company is as well as setting boundaries for the company in order to find the right expertise needed for the company.

We hope this article has provided you with a head start on what you should be looking for in a venture capitalist. Let us know in the comments section if there is anything else that you would like to know more about venture capital Philippines.

If you’d like to know more about venture capitalists in other Southeast Asian countries such as Malaysia, Vietnam, Thailand, Indonesia and Singapore, check out the Southeast Asian Venture Capital article.

Learn More About NEXEA Venture Capital & How We Provide More Than Just Money

References:

For more, check out NEXEA
For Startup Investments check out https://www.nexea.co



source https://www.nexea.co/venture-capital-philippines-nexea/

source https://nexeaaccelerator.blogspot.com/2020/09/venture-capital-philippines.html

Tuesday, 15 September 2020

Entrepreneurship Courses and Organisation for Tech Entrepreneurs

This post first appeared on Entrepreneurship Courses and Organisation for Tech Entrepreneurs
For Startup Investments check out https://www.nexea.co

Starting your own company is never easy. Most founders and entrepreneurs know that it is incredibly tough and there are no hard and fast rules in starting your own company. There are various ways you can learn when it comes to knowing how to manage your team and handle your company’s finances. These can be taught through the participation of various entrepreneurship courses, or even entrepreneurs organisation and networking groups.

Entrepreneurship Courses

If you feel like wanting to learn as much as possible within a short period of time, here are some of the popular (free and inexpensive) courses that you can find online:

  1. Creativity & Entrepreneurship from Berklee Online
  2. Financial Analysis for Decision Making from Babson Online
  3. Entrepreneurial Finance from MIT Open Courseware
  4. Startup School by Y Combinator
  5. Financial Engineering and Risk Management Part 1 from Columbia University

Or, if you are looking for something else, check out other online courses platforms such as:

Entrepreneurs Leadership Training and Development Programmes

The entrepreneurship program is designed to develop entrepreneurial skills in people that would facilitate them. You may think that this is similar to entrepreneurship courses but the entrepreneurship program involves the collaboration of high growth entrepreneurs and experienced mentors. The main objective of such programs is to impart the necessary skills and knowledge to help entrepreneurs and founders in starting and running a successful business. We have listed down several programs that we think you could benefit from.

  • Malaysia Tech Entrepreneur Program (MTEP)
  • MTEP is a program initiated by MDEC and the Malaysian Government to attract entrepreneurs and founders from all over the world to set up their business in Malaysia and to expand their business across the ASEAN region. Through this programme, tech founders are able to apply for either a 1-year or 5-year stay in Malaysia to start and run their business.

    The requirement for the entrepreneurs would be to provide a 3-month personal bank statement (minimum amount of RM50,000 but not limited to Malaysian banks). For an established entrepreneur, there is an additional requirement of supplementing the proof of your business performance.

  • CEDAR Entrepreneur Development Programs
  • Centre for Entrepreneur Development and Research (CEDAR) is a subsidiary company of SME Bank. The centre conducts research-based coaching, function-based facilitation, and entrepreneur-focused programs. Some of the Entrepreneur Development Programs that they are currently organising include Customized Grow! Coaching and SMEs Enrichment Workshops which varies from credit securing strategies to leadership skills for supervisors.

  • Entrepreneurs Programme
  • Here at NEXEA, we organise Entrepreneurs programme that is catered for CEOs of high-growth startups (potential to grow more than 100 million in market size). The Entrepreneurs Programme advocates founders and entrepreneurs to have a peer-to-peer growth mindset as they believe it allows CEOs to learn and relearn the things that they know as well as openly discuss with their peers about the challenges and failures that they face.

    NEXEA is known for its mentors who are successful ex-entrepreneurs, or C-levels who own and have sold (IPO, M&A) their businesses. The combination of experienced mentors, experts, and partners prove potent as the 35+ startups invested by NEXEA have grown 3 to 16 times per year.

    Entrepreneurs Networking Organisation

    As an entrepreneur, you must have attended numerous entrepreneurial events and joined thousands of different organisations. However, there are many out there that you don’t personally gain anything out of.

    Regardless of whether you’re hoping to network, meet mentors, or increase your knowledge on the most recent industry patterns through entrepreneurship courses, joining and taking an interest in an entrepreneur networking group has a plenitude of advantages that can make you a more grounded and successful entrepreneur. Here are some entrepreneurial organisations that you should consider joining should you want to experience more success than failure.

    By joining such CEO networking groups, here are some of the things that you can expect learning from participating in these network groups:

    • You get mentorship from people that are experts in your industry. As harsh and rough the business world can be, it is important that as an entrepreneur or the founder of your business to be surrounded by mentors that you can run ideas by. This is because these people are experts in the industry that you are in and they are able to help you reach your long-term plans.
    • You will be able to solve CEO level problems. By participating in CEO networking groups, you will be surrounded by peers who are also CEO or founders of their own business and they would most likely have experienced similar situations. Thus, you will be taught systematic ways of solving these issues together.
    • You will be trained to have a growth mindset. Having a growth mindset means you are able to speak about your challenges and failures openly and how you have dealt with them. By doing so, you are establishing an environment that allows openness, transparency and risk-taking amongst your team members, allowing ‘thinking outside the box’ solutions to occur through open discussions. It also promotes development because at the end of the day, growing your company is a continuous learning process and it is important that through such programmes, the importance of independence (in thought and action), interdependence (the value of a win-win attitude among team members and leaders), as well as continuous development (commitment to continuously grow personally and professionally), is being heavily promoted.

    If you are drawn towards the benefits mentioned above, you should check out NEXEA’s Entrepreneurs Programme where the program caters to CEO’s of high-growth startups (have the potential to grow more than 100 million in market size). NEXEA is known for its mentors who are successful ex-entrepreneurs, or C-levels who own and have sold (IPO, M&A) their businesses. The combination of experienced mentors, experts and partners prove potent as the 35+ startups invested by NEXEA have grown 3 to 16 times per year. Thus far, 30 CEOs of high-growth startups that have enrolled in the programme, where combined, they are worth more than US$50m.

    Conclusion

    Joining these entrepreneurship courses, programs and even the entrepreneurship networking organisation will give you the exposure that you need in order to stay or grow your company. Nevertheless, it is important to note that you should not exhaust all your time and energy participating in all of these entrepreneurship activities at once. You should know what you would like to focus on and start signing up to the right entrepreneurship activity at this current period.

    Here’s a summary of the different types of entrepreneurship activity that is mentioned. Entrepreneurship courses are for you to learn and understand the fundamentals of starting and running your business. Entrepreneurship programs are for those who have already started their business and would like to grow their company even further. Lastly, entrepreneurs organisation is for everyone no matter what stage you are as an entrepreneur. It is basically a gathering of every entrepreneur to help and become more supportive of each other.

    Sources

    For more, check out NEXEA
    For Startup Investments check out https://www.nexea.co



    source https://www.nexea.co/entrepreneurship-courses-for-tech-entrepreneurs/

    source https://nexeaaccelerator.blogspot.com/2020/09/entrepreneurship-courses-and.html