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"So that's why if you have 1 billion to invest, we're not expecting the same return as if you invest 10 million. At that time, when all this money flowed to Southeast Asia, people there thought, "Oh, we made it. Now the world is looking at us. We're finally a good ecosystem.' Everyone was ready to invest in us, but that was just the tide, right? And when the tide recedes, the first place the money will leave is Southeast Asia because it's not offering the best returns. So, the money is going out, and I don't think it's coming back anytime soon. People shouldn't expect investors to be as aggressive as they were. Lastly, great companies will always raise capital. The top ones will always find their way, so there's no issue for them. The challenge is for the ones just below them. It will be very difficult for those companies. Some will have to become much more capital-efficient, for sure." Fresh out of the studio, Arnaud Bonzom, founder of Black Mangroves and angel investor, engages in a lively discussion with our host about the entrepreneurial and venture capital landscape in Southeast Asia for 2024. Arnaud shares his insights on the evolution of late-stage funding and the resetting of expectations in the region's venture capital scene. He also offers valuable advice to founders on how to navigate the challenging fundraising climate and what success could look like for the region in the coming years. You can find Arnaud Bonzom at LinkedIn: https://www.linkedin.com/in/arnaudbonzom/ and X (formerly known as Twitter): https://x.com/ArnaudBonzom? Audio Episode Highlights: [0:44] Quote of the Day by Arnaud Bonzom #QOTD [2:09] Arnaud's Reflections on Southeast Asia Since 2018 [5:28] Southeast Asia's Economic Challenges [6:15] New Outlook for the Region's Startup Ecosystem [10:37] Lessons from India's B2B Market [14:31] How Venture Capital Works in Southeast Asia [16:52] Over-Optimism in Southeast Asia's VC Landscape [24:27] Challenges in Attracting Foreign Investments [27:38] The U.S. as the Biggest Accessible Market [30:29] Market Segmentation in Asia Pacific [35:44] IPO Slowdown and M&A Challenges [37:59] Zombie Companies in Southeast Asia [39:14] The One Thing Arnaud knows about the SEA ecosystem that very few do [41:28] Explaining DPI (Distributions to Paid-In Capital) [47:48] Timing in Venture Capital Investments [51:48] Advice for Founders in 2023-2024 [53:33] Bottlenecks in Southeast Asia's Startup Ecosystem [56:40] What does great look like for the Southeast Asia ecosystem? [58:45] Crypto Companies in Southeast Asia [60:44] Final Thoughts and Future of Southeast Asia's Startup Ecosystem [61:10] Closing Podcast Information: Bernard Leong hosts and produces the show. Proper credits for the intro and end music: "Energetic Sports Drive" and the episode is mixed & edited in both video and audio format by G. Thomas Craig Analyse Asia Main Site: https://analyse.asia Analyse Asia Spotify: https://open.spotify.com/show/1kkRwzRZa4JCICr2vm0vGl Analyse Asia Apple Podcasts: https://podcasts.apple.com/us/podcast/analyse-asia-with-bernard-leong/id914868245 Analyse Asia YouTube: https://www.youtube.com/@AnalyseAsia Analyse Asia LinkedIn: https://www.linkedin.com/company/analyse-asia/ Analyse Asia X (formerly known as Twitter): https://twitter.com/analyseasia Analyse Asia Threads: https://www.threads.net/@analyseasia Sign Up for Our This Week in Asia Newsletter: https://www.analyse.asia/#/portal/signup Subscribe Newsletter on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7149559878934540288
People keep asking when we'll get out of this downturn in venture. The truth is: It's not a downturn—only a reset. For the people who haven't been raising capital or haven't seen this side of things since, say, 2018, they'll probably think this is a terrible time. Black Mangroves Founder and Managing Director Arnaud Bonzom, and SaaStr Founder and CEO, Jason Lemkin answer some of the bigger questions about venture investing in 2023. This episode is an excerpt of Jason and Arnaud's AMA at SaaStr APAC 2023. You can watch the full session on YouTube: https://youtu.be/JPEo8r2d3Oc ***** SaaStr Annual will officially be back in 2023. Join 12,500 SaaS CEOs, Founders, Revenue leaders, and investors. Annual 2023 will take place September 6-8, 2023 in the SF Bay Area. Podcast listeners can use code FAVE100 to save 100 off tickets. Use FAVE100 when you buy your tickets at saastrannual2023.com ***** Want to join the SaaStr community? We're the
Arnaud Bonzom, Founder and Managing Director @ Black Mangroves moderates a panel with Carmen Yuen, General Partner @ Vertex, Jenny Lee, Managing Partner @ GGV Capital, and Piruze Sabuncu, Partner @ Square Peg Capital on what founders should look out for when raising a Series A. In this panel, Carmen, Jenny, and Piruze will discuss the lessons learned at Vertex, GGV, and Square Peg on the common pitfalls to look out for when you are raising your Series A. For each pitfall, they will provide tips and tactics on how to overcome them. This episode is an excerpt of the VC session. You can watch the full video: https://youtu.be/nFUUTXlnaa0 ***** What if you could prospect in a single click?And what if that click came with accurate, intent data you need to meet your goals? Meet Klarity with One-Click Prospecting by DemandScience. Let's make your job easier. Visit demandscience.com Sage Intacct is a powerful cloud-based financial management system that delivers automation around billing, accounting, and reporting. Voted market leaders by G2, Sage Intacct is the ideal Finance Solution to scale your business. Visit us at sage.com/uk/intacct. SaaStr Annual will officially be back in 2023. Join 12,500 SaaS CEOs, Founders, Revenue leaders, and investors. Annual 2023 will take place September 6-8, 2023 in the SF Bay Area. Podcast listeners can use code FAVE100 to save 100 off tickets. Use FAVE100 when you buy your tickets at saastrannual2023.com Want to join the SaaStr community? We're the
In our episode 300, our host Bernard Leong will be interviewed on everything under the sun on Analyse Asia. With the interview conducted by Carol Yin, co-producer of the podcast, Bernard started with a couple of major announcements for Analyse Asia. Next, Bernard answered many interesting questions posed from the audience of the show such as: (i) the evolution of the entrepreneurial ecosystem in Southeast Asia, (ii) who will win the race between Grab and Gojek, (iii) fun and interesting facts about the podcast from how Bernard selects his guest to getting a prominent guest on the show via a business deal. Last but not least, we discuss where the Analyse Asia podcast is going and an upcoming premium content project. Here are the interesting show notes and links to the discussion (with time-stamps included): Welcome Carol Yin, the co-producer of the show as the host of Episode 300. [0:37] Major Announcements on Analyse Asia podcast [1:29] We will make a significant change in the title of the podcast from “Analyse Asia with BL” to “Analyse Asia”. We are also dropping the episode number from our title starting from this episode. The title change will take some time as we need to make changes on different sites. Our current host, Bernard Leong will be taking at least 3-6 months break but you will still see every episode from now to the break ends. The reason is that he is currently in personal transition and his family expecting third kid to the family in August 2019. If there are some major news happening from July to Sep 2019, Carol will be stepping in to host on Bernard's behalf. Our premium content project relating to Tencent and we are likely to do a Kickstarter program. BL and Carol will co-produce the show and the voices for the show will be announced later. 1st Live Show - Wework Singapore on 5 Sep 2019 and need help for Hong Kong live show: We will be charging for the live show and we hope that you can help to bring down some of the costs. AMA with Bernard Leong (@bernardleong, LinkedIn, personal site) [6:12] (Colin Charles): You’re relatively well travelled. How do your travels shape your lens when it comes to analysing Asia? I will presume travel gives you an edge, but what top 3 things have you noted from travels that permeate from or diffuse to Asia? [6:49] (Uri Wolfovitz) What are the three likely outcomes of the US-China trade war ? Please indicate the winner and loser together with the timeline. [12:30] (JJ Chai): How would one assign weights to the factors that result in startups' success levels? What share is business model vs sector vs founder(s) vs luck (including externalities)? [16:29] (JJ Chai): What patterns do you see in successful founders in terms of personality traits? [19:34] (Hian Goh): Who’s going to win, Grab or Gojek? [20:21] (Arnaud Bonzom) How was the startup ecosystem in Singapore and Southeast Asian when you were involved at SGentrepreneurs.com? (Period is between 2005-2013) [23:03] (Lisa Enckell) Please share a story on how the tech scene had changed in this part of the world since you launched the first episode. (Period is between 2014-2019) [24:57] (Arnaud Bonzom): Why did you decide 5 years ago to launch a podcast? [28:33] (Arnaud Bonzom): What’s your secret sauce for shipping one episode each week? [30:10] (Arnaud Bonzom): How do you build your deal flow of guests? [31:37] (Arnaud Bonzom): How do you reach out to them? How do you identify the best channel, time, blurb to convince them to join? [32:00] (Arnaud Bonzom): How do you select them (heuristics and due diligence)? [34:34] (Arnaud Bonzom): How do you decide if you should invite one more time a guest? [35:51] (Arnaud Bonzom): Who are the 5 people you wish to have one day on your show? [36:50] (Arnaud Bonzom): Where do you see Analyse Asia in 5 years except releasing the 600th episode? [38:00] (Arnaud Bonzom) Would you like to make your podcast a full-time business? [39:00] (Arnaud Bonzom): 3 fun facts about Analyse Asia? [39:27] (Arnaud Bonzom): What are the 3 podcasts on startups you love listening? [42:00] BL's recommendation: Acquired Podcast, Startup by Gimlet and Recode Decode, and Carol's recommendation: How I build this? (Wynthia Goh) Through 5 years of interviewing the insiders, disrupters, innovators, founders and investors, what has changed over the years and what has stayed the same? [42:38] (Wynthia Goh) Which guests left the strongest impression (for better or worse) and why? [43:48] (Wynthia Goh) If you are to summarize what you have learned from all the people you have interviewed, what would it be? [45:00] 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 Bernard Leong (@bernardleong & weibo) 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 both hosted and edited by Carol Yin, and co-produced by Carol Yin and Bernard Leong.
Arnaud Bonzom, co-founder of Map of the Money joined us to review the state of Southeast Asia in 2018. We started with the conversation on the movers and shakers in the ecosystem with Grab's acquisition of Uber Southeast Asia and its quest to be the super app with Go-Jek standing in her way. We discussed how the startup ecosystems in Southeast Asia have evolved, with the venture capital firms raising their 2nd or 3rd rounds and family funds who are set to join in the fray. We discuss how the market in Southeast Asia is shifting in each country and the upcoming unicorns to watch in 2019.
This week’s special guest is Arnaud Bonzom from Map of the Money. Arnaud is a former Venture Partner at 500 Startups where he was focusing on helping Southeast Asian entrepreneurs to succeed. He is a frequent speaker at several international conferences including Slush, Tech in Asia, Rise and Web Summit. He is also the co-founder of Map the Money, an organization that helps entrepreneurs to raise funds in Southeast Asia. Arnaud explains the driving force behind Southeast Asia’s recent growth and how the VC ecosystem has evolved to fuel that growth. From his experience advising B2B startups, he shares his insights on how startups should evaluate corporate partnership and how to get the most value out from it. Hope you guys enjoy this one!
Event preparation, networking & AsiaOn this new episode of Tech Events Matter, we interview Arnaud Bonzom, co-founder of Map of the Money.You may have seen him on stage at Slush, Tech in Asia, Rise or Web Summit since he's a frequent speaker at global conferences. Music by @djlukinox See acast.com/privacy for privacy and opt-out information.
Arnaud Bonzom from 500 Startups joined us in a conversation to conclude our conversation on the state of Southeast Asia in 2017 and what is likely to come in 2018. We discussed the entry of Alibaba and Tencent in Southeast Asia and India which set up the war for ecommerce, logistics, social and cloud computing with Amazon, Facebook and Google, and the strange situation of disruptors and incumbents teaming up in consolidation or strategic partnerships across Southeast Asia. Last but not least, we discussed what 2018 will be for Southeast Asia particularly in the payment wars between major players and startups across the region.
Arnaud Bonzom from 500 Startups joined us in a conversation to review the state of Southeast Asia in a two part conversation before the closing of 2017. In this episode, we discussed the three major events that rocked Southeast Asia starting with SoftBank and Didi's investment into Grab with US$2 billion, followed by the two IPOs from Sea (formerly Garena) and Razer, followed by how the startups and venture capital firms are starting their series B journey, and the change of fundraising landscape with initial coin offerings (ICOs) dominating the region.
In the second episode of Josh's conversation with Arnaud Bonzom, he talked about the different approaches to innovation that he observed among the 500 corporations in their study, especially BMW. Find the full report here: http://698640.hs-sites.com/500corporations This episode also features important clips from Brian's conversation with Gregor Gimmy, founder and head of BMW Startup Garage. Gregor talked about how their Venture Client model works, what makes it different than an accelerator, and how it bridges the gaps between startups and corporations that Arnaud discussed. For information regarding your data privacy, visit acast.com/privacy
Arnaud Bonzom is the Directory of Corporate Innovation at 500 Startups. In his conversation with Josh, Arnaud shared some insights from their report on the status of corporate innovation in the world's top 500 corporations, which you can find here: http://698640.hs-sites.com/500corporations Apply for the Inside Outside Innovation Summit 100k startup pitch contest at theiosummit.com. For information regarding your data privacy, visit acast.com/privacy
In the second episode of Josh's conversation with Arnaud Bonzom, he talked about the different approaches to innovation that he observed among the 500 corporations in their study, especially BMW. Find the full report here: http://698640.hs-sites.com/500corporations This episode also features important clips from Brian's conversation with Gregor Gimmy, founder and head of BMW Startup Garage. Gregor talked about how their Venture Client model works, what makes it different than an accelerator, and how it bridges the gaps between startups and corporations that Arnaud discussed. For information regarding your data privacy, visit acast.com/privacy
Arnaud Bonzom is the Directory of Corporate Innovation at 500 Startups. In his conversation with Josh, Arnaud shared some insights from their report on the status of corporate innovation in the world's top 500 corporations, which you can find here: http://698640.hs-sites.com/500corporations Get your ticket for the Inside Outside Innovation Summit at theiosummit.com where you can also learn more about startup partnership opportunities available at the conference for corporate teams. For information regarding your data privacy, visit acast.com/privacy
Arnaud Bonzom from 500 Startups joined us for a conversation on the launch of his recent project, “Map of the Money” version 4 jointly with Florian Cornu. We discussed the ongoing trends in venture capital and fundraising across Southeast Asia from how seed stage funds have matured to series A and B funds now to The post Episode 137: Map of the Money in Southeast Asia with Arnaud Bonzom appeared first on Analyse Asia.
Future Squared with Steve Glaveski - Helping You Navigate a Brave New World
Those of you familiar with this podcast would know I’m a big fan of Dave McClure and his Pirate Metrics approach to customer acquisition - well, Dave is the founder of 500 startups, the venture capital seed fund and accelerator based in the Valley that has invested in more than 1500 companies across more than 50 countries. In this episode, I speak with Arnaud Bonzom, Director of Corporate Innovation at 500 Startups. Arnaud’s recent report on How do the World’s Biggest Companies Deal with the Startup Revolution? (goo.gl/UEmt4i) details the bullish efforts by Multinational Corporations to engage startups and leverage on their capabilities. Prior to 500 Startups, Arnaud was part of INSEAD, where he was responsible for facilitating interactions between MBA students/alumni and the Entrepreneurship ecosystem. Arnaud also developed the Asia Funding / M&A Newsletter & Singapore startup ecosystem and entrepreneur toolbox. Topics Discussed: - How large corporations are engaging startups - Challenges of corporate startup partnerships - How software companies are disrupting industries not synonymous with software - The hierarchy of needs for corporate innovation - The Singaporean and Southeast Asian startup and innovation ecosystems Show Notes: - ArnaudBonzom.com - Asia Funding / M&A Newsletter: eepurl.com/b2G18D - Singapore startup ecosystem and entrepreneur toolbox: bit.ly/SingaporeEcosystem - Arnaud on Twitter: @aurnaudbonzom - 500 Startups Report on How The World's Biggest Companies Deal With The Startup Revolution: http://698640.hs-sites.com/500corporations --- I hope you enjoyed this episode. If you’d like to receive a weekly email from me, complete with reflections, books I’ve been reading, words of wisdom and access to blogs, ebooks and more that I’m publishing on a regular basis, just leave your details at www.futuresquared.xyz/subscribe and you’ll receive the very next one. Listen on Apple Podcasts @ goo.gl/sMnEa0 Also available on: Spotify, Google Play, Stitcher and Soundcloud Twitter: www.twitter.com/steveglaveski Instagram: www.instagram.com/@thesteveglaveski Future Squared: www.futuresquared.xyz Steve Glaveski: www.steveglaveski.com Medium: www.medium.com/@steveglaveski
Arnaud Bonzom from 500 Startups continued our conversation on his two interesting reports (prior to the 500 Corporations report which we discussed earlier) that focus on the Singapore startup ecosystem and the funding trends across Asia Pacific. We discussed the key observations and funding dynamics of the Singapore startup ecosystem with the recent focus on The post Episode 115: Singapore Startup Ecosystem & Asia Funding Trends with Arnaud Bonzom appeared first on Analyse Asia.
Arnaud Bonzom, the director of corporate innovation from 500 Startups joined us in a conversation on the interesting trend in how major corporations are engaging the startups today. We began with Arnaud’s story from his early days as a trade advisor for the French government to INSEAD and finally to 500 Startups, and what he The post Episode 104: Corporate Innovation and 500 Startups with Arnaud Bonzom appeared first on Analyse Asia.