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Ep 43: Selling in APAC is Different w/ Chirayu Wadke
Chirayu Wadke, partner from Seedplus joined us in a two part conversation to discuss the most important trends in smartphone, internet of things (IoT) and mobility landscape and why the recent Broadcom acquisition of Qualcomm failed. In the second part, we discussed why the recent Broadcom and Qualcomm deal fell apart and its implications to Asia Pacific companies making acquisitions in the US market.
Chirayu Wadke, partner from Seedplus joined us in a two part conversation to discuss the most important trends in smartphone, internet of things (IoT) and mobility landscape and why the recent Broadcom acquisition of Qualcomm failed. In the first part, we discussed his current role and coverage as a venture capitalist with Seedplus and his central investment thesis and branched into a deeper conversation on smartphone, IoT and mobility (autonomous vehicles) landscape and how it shifts the calculus of putting investments into those emerging technologies.
Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. [00:05] Welcome Chirayu Wadke to Asia Tech Podcast Stories! He's an Early Stage Technology Investor and Operator, and Partner at SeedPlus. [02:00] What's an un-VC? Chirayu Wadke talks traditional expectations for people in the investment game and how modern technology is changing all of that. [06:10] Chirayu Wadke and Graham discuss a recent visit to a watch-maker Geneva and the challenges of launching a new product in the modern world. [13:00] Apple is outselling every single Swiss watch brand out there. What should traditional Swiss Watch brands and startups learn from Apple? [18:45] Leaving Google in Silicon Valley and returning to Asia was not a difficult decision for Chirayu Wadke. [29:00] The reference customer has traditionally been a Western consumer, this dynamic is chancing [32:30] If you're in tech, consider moving your engineering teams to Asia. Proximity brings more empathy for the users and affects cost decisions. [37:45] If you're in Silicon Valley, there are many reasons why you should consider expanding to Asia. [42:45] We are moving further away from one central authority towards peer-to-peer type of business models. This movement benefits the lie of the land in Asia. [47:00] Discussing Smart Cities in Asia and their business potential. [53:30] What kind of advice does Chirayu Wadke have for those interested in moving their business to Asia? [55:40] Thanks for tuning in! Find out more about Chirayu Wadke and his work on www.seedplus.com or contact him directly at chirayu@seedplus.com.
[00:05] Welcome Chirayu Wadke to Asia Tech Podcast Stories! He's an Early Stage Technology Investor and Operator, and Partner at SeedPlus. [02:00] What's an un-VC? Chirayu Wadke talks traditional expectations for people in the investment game and how modern technology is changing all of that. [06:10] Chirayu Wadke and Graham discuss a recent visit to a watch-maker Geneva and the challenges of launching a new product in the modern world. [13:00] Apple is outselling every single Swiss watch brand out there. What should traditional Swiss Watch brands and startups learn from Apple? [18:45] Leaving Google in Silicon Valley and returning to Asia was not a difficult decision for Chirayu Wadke. [29:00] The reference customer has traditionally been a Western consumer, this dynamic is chancing [32:30] If you're in tech, consider moving your engineering teams to Asia. Proximity brings more empathy for the users and affects cost decisions. [37:45] If you're in Silicon Valley, there are many reasons why you should consider expanding to Asia. [42:45] We are moving further away from one central authority towards peer-to-peer type of business models. This movement benefits the lie of the land in Asia. [47:00] Discussing Smart Cities in Asia and their business potential. [53:30] What kind of advice does Chirayu Wadke have for those interested in moving their business to Asia? [55:40] Thanks for tuning in! Find out more about Chirayu Wadke and his work on www.seedplus.com or contact him directly at chirayu@seedplus.com.
[00:05] Welcome Chirayu Wadke to Asia Tech Podcast Stories! He's an Early Stage Technology Investor and Operator, and Partner at SeedPlus. [02:00] What's an un-VC? Chirayu Wadke talks traditional expectations for people in the investment game and how modern technology is changing all of that. [06:10] Chirayu Wadke and Graham discuss a recent visit to a watch-maker Geneva and the challenges of launching a new product in the modern world. [13:00] Apple is outselling every single Swiss watch brand out there. What should traditional Swiss Watch brands and startups learn from Apple? [18:45] Leaving Google in Silicon Valley and returning to Asia was not a difficult decision for Chirayu Wadke. [29:00] The reference customer has traditionally been a Western consumer, this dynamic is chancing [32:30] If you're in tech, consider moving your engineering teams to Asia. Proximity brings more empathy for the users and affects cost decisions. [37:45] If you're in Silicon Valley, there are many reasons why you should consider expanding to Asia. [42:45] We are moving further away from one central authority towards peer-to-peer type of business models. This movement benefits the lie of the land in Asia. [47:00] Discussing Smart Cities in Asia and their business potential. [53:30] What kind of advice does Chirayu Wadke have for those interested in moving their business to Asia? [55:40] Thanks for tuning in! Find out more about Chirayu Wadke and his work on www.seedplus.com or contact him directly at chirayu@seedplus.com.
Discover more tech podcasts like this: Tech Podcast Asia. Produced by Pikkal & Co - Award Winning Podcast Agency. [00:05] Welcome Jon Tanner to Asia Tech Podcast Stories [00:45] What are the big changes in the Asian talent market? [03:10] What are the reasons why people are coming to Asia now? San Francisco, New York and London are potentially both pricing themselves out of the market and offering less opportunity for the most talented of employees. [05:25] Bali Green School in Bali and Bali House in Canggu - mix, co-working, incubator, hospitality space. People are making some serious choices about their lives and careers today beyond their benefits package [06:45] The Asian talent Market is "equalising" says Jon Tanner. What does this mean? [10:25] Talented employees aren't focused on taking the highest-paying job in San Francisco anymore. A new generation of talent is seeking out something riskier, that makes Asia an interesting option [12:20] Silicon Valley leads with regard to stories about role models which inevitably attracts people to the West Coast but the gap with Asia is closing fast. Asia is slowly discovering its own role models [16:05] Could Jon see the situation where he could run Mitchell Lake from Bali and send his kids to Green School? We talk about the backstory of Steve Monroe coming into Ubud to found co-working space Hubud. Career paths are changing [19:30] Do large IT companies need to rethink how they work with talent? Are they sending departments out into coworking spaces such as Hubud for the right reasons? [24:00] Would this kind of remote work for a bank? What would the benefits of HSBC setting up in a coworking space be? [27:20] Why did Jon suggest to his clients the idea of coming across and working in the same coworking space? What's it actually like sharing a coworking space with clients? [29:20] Are coworking spaces the future model of work? Still an ongoing social experiment but it certainly benefits the movement of talent in Asia [33:30] Which IT companies does Jon admire with regards to digital transformation? We look at who is leading the way in decentralizing the workspace [36:25] The success or failure of digital transformation comes down to its mechanics: The backstory of Innovation Director of Intel China - Kapil Kane - and his battle in getting Intel to agree to build the accelerator outside their office. We also look at the Virgin group example [40:50] Talented employees want to build something, solve a problem, make a mark in some way - we refer to the case study of Chirayu Wadke from SeedPlus ex Google Silicon Valley talking about working on 10x projects [42:30] The sharing economy combined with changing attitudes towards the "stuff" of life means talented people who have choices aren't necessarily motivated by the things which our parents sought out like cars, job titles etc. [44:55] Jon's thoughts on frontier markets such as Vietnam, Indonesia and Thailand [47:05] Does Jon see a lot of interest in recruitment coming from that Asia-to-Asia market? [49:40] Thoughts on Asia as frontrunning global trends in the curation of workplace culture and talent [54:00] Check out Jon Tanner at www.mitchellake.com
[00:05] Welcome Jon Tanner to Asia Tech Podcast Stories [00:45] What are the big changes in the Asian talent market? [03:10] What are the reasons why people are coming to Asia now? San Francisco, New York and London are potentially both pricing themselves out of the market and offering less opportunity for the most talented of employees. [05:25] Bali Green School in Bali and Bali House in Canggu - mix, co-working, incubator, hospitality space. People are making some serious choices about their lives and careers today beyond their benefits package [06:45] The Asian talent Market is "equalising" says Jon Tanner. What does this mean? [10:25] Talented employees aren't focused on taking the highest-paying job in San Francisco anymore. A new generation of talent is seeking out something riskier, that makes Asia an interesting option [12:20] Silicon Valley leads with regard to stories about role models which inevitably attracts people to the West Coast but the gap with Asia is closing fast. Asia is slowly discovering its own role models [16:05] Could Jon see the situation where he could run Mitchell Lake from Bali and send his kids to Green School? We talk about the backstory of Steve Monroe coming into Ubud to found co-working space Hubud. Career paths are changing [19:30] Do large IT companies need to rethink how they work with talent? Are they sending departments out into coworking spaces such as Hubud for the right reasons? [24:00] Would this kind of remote work for a bank? What would the benefits of HSBC setting up in a coworking space be? [27:20] Why did Jon suggest to his clients the idea of coming across and working in the same coworking space? What's it actually like sharing a coworking space with clients? [29:20] Are coworking spaces the future model of work? Still an ongoing social experiment but it certainly benefits the movement of talent in Asia [33:30] Which IT companies does Jon admire with regards to digital transformation? We look at who is leading the way in decentralizing the workspace [36:25] The success or failure of digital transformation comes down to its mechanics: The backstory of Innovation Director of Intel China - Kapil Kane - and his battle in getting Intel to agree to build the accelerator outside their office. We also look at the Virgin group example [40:50] Talented employees want to build something, solve a problem, make a mark in some way - we refer to the case study of Chirayu Wadke from SeedPlus ex Google Silicon Valley talking about working on 10x projects [42:30] The sharing economy combined with changing attitudes towards the "stuff" of life means talented people who have choices aren't necessarily motivated by the things which our parents sought out like cars, job titles etc. [44:55] Jon's thoughts on frontier markets such as Vietnam, Indonesia and Thailand [47:05] Does Jon see a lot of interest in recruitment coming from that Asia-to-Asia market? [49:40] Thoughts on Asia as frontrunning global trends in the curation of workplace culture and talent [54:00] Check out Jon Tanner at www.mitchellake.com
[00:05] Welcome Jon Tanner to Asia Tech Podcast Stories [00:45] What are the big changes in the Asian talent market? [03:10] What are the reasons why people are coming to Asia now? San Francisco, New York and London are potentially both pricing themselves out of the market and offering less opportunity for the most talented of employees. [05:25] Bali Green School in Bali and Bali House in Canggu - mix, co-working, incubator, hospitality space. People are making some serious choices about their lives and careers today beyond their benefits package [06:45] The Asian talent Market is "equalising" says Jon Tanner. What does this mean? [10:25] Talented employees aren't focused on taking the highest-paying job in San Francisco anymore. A new generation of talent is seeking out something riskier, that makes Asia an interesting option [12:20] Silicon Valley leads with regard to stories about role models which inevitably attracts people to the West Coast but the gap with Asia is closing fast. Asia is slowly discovering its own role models [16:05] Could Jon see the situation where he could run Mitchell Lake from Bali and send his kids to Green School? We talk about the backstory of Steve Monroe coming into Ubud to found co-working space Hubud. Career paths are changing [19:30] Do large IT companies need to rethink how they work with talent? Are they sending departments out into coworking spaces such as Hubud for the right reasons? [24:00] Would this kind of remote work for a bank? What would the benefits of HSBC setting up in a coworking space be? [27:20] Why did Jon suggest to his clients the idea of coming across and working in the same coworking space? What's it actually like sharing a coworking space with clients? [29:20] Are coworking spaces the future model of work? Still an ongoing social experiment but it certainly benefits the movement of talent in Asia [33:30] Which IT companies does Jon admire with regards to digital transformation? We look at who is leading the way in decentralizing the workspace [36:25] The success or failure of digital transformation comes down to its mechanics: The backstory of Innovation Director of Intel China - Kapil Kane - and his battle in getting Intel to agree to build the accelerator outside their office. We also look at the Virgin group example [40:50] Talented employees want to build something, solve a problem, make a mark in some way - we refer to the case study of Chirayu Wadke from SeedPlus ex Google Silicon Valley talking about working on 10x projects [42:30] The sharing economy combined with changing attitudes towards the "stuff" of life means talented people who have choices aren't necessarily motivated by the things which our parents sought out like cars, job titles etc. [44:55] Jon's thoughts on frontier markets such as Vietnam, Indonesia and Thailand [47:05] Does Jon see a lot of interest in recruitment coming from that Asia-to-Asia market? [49:40] Thoughts on Asia as frontrunning global trends in the curation of workplace culture and talent [54:00] Check out Jon Tanner at www.mitchellake.com
Smart cities: How do cybersecurity loopholes and data marketplaces exist in harmony to create value for both the public and private sectors? Even as IoT matures and develops, is its full potential still dependent on something as basic as human trust? Regulations and standards: Are they necessarily a good thing for IoT adoption? How can agile start ups scale in fragmented environments? We discuss these two issues surrounding the future of IoT With Chirayu Wadke, Partner at SeedPlus.SeedPlus is a seed stage VC firm aiming to invest in and partner with the best and brightest to build global disruptive start-ups. SeedPlus is backed by Jungle Ventures, Cisco, Accel Partners, IFC, Fidelity, Ratan Tata, Tata Communications Limited and the Singapore Government. Learn more at http://seedplus.com IoT ONE is an online platform devoted to accelerating adoption of Industrial Internet solutions. We are mapping the global ecosystem of IoT vendors, use cases, case studies, and technologies. We leverage this data to help companies source technology, research competitors, and enter new markets. Learn more about IoT One: http://iotone.com Twitter: @IotoneHQ IIoT Resources: http://www.iotone.com/guides IIoT Case Studies: http://www.iotone.com/casestudies IIoT Glossary: http://www.iotone.com/terms
How to address the growing need for simplified solutions that solve complex problems? Should you challenge the ecosystem fundamentally? What is the best location to start an IoT startup and how should you scale your startup? What are the differences between Asia and Europe/US? Should you move to Asia? Chirayu Wadke, a partner with SeedPlus, tells us about his proteges and what he would do if he would start his own business. SeedPlus is a seed stage VC firm aiming to invest in and partner with the best and brightest to build global disruptive start-ups. SeedPlus is backed by Jungle Ventures, Cisco, Accel Partners, IFC, Fidelity, Ratan Tata, Tata Communications Limited and the Singapore Government. Learn more at http://seedplus.com IoT ONE is an online platform devoted to accelerating adoption of Industrial Internet solutions. We are mapping the global ecosystem of IoT vendors, use cases, case studies, and technologies. We leverage this data to help companies source technology, research competitors, and enter new markets. Learn more about IoT One: http://iotone.com Twitter: @IotoneHQ IIoT Resources: http://www.iotone.com/guides IIoT Case Studies: http://www.iotone.com/casestudies IIoT Glossary: http://www.iotone.com/terms
What does a VC look for when they evaluate a product’s viability? Is there a difference between a hardware and software startup? How do you build the right team to develop a coherent IoT solution that differentiates and delivers real outcomes? Understand from Chirayu Wadka of SeedPlus on what makes a startup scale, and why Ofo and Mobike succeeded despite the failure of other bike sharing companies. Plus, we hear his thoughts on starting a VC fund, and the landscape of tech VC in South East Asia. SeedPlus is a seed stage VC firm aiming to invest in and partner with the best and brightest to build global disruptive start-ups. SeedPlus is backed by Jungle Ventures, Cisco, Accel Partners, IFC, Fidelity, Ratan Tata, Tata Communications Limited and the Singapore Government. Learn more at http://seedplus.com IoT ONE is an online platform devoted to accelerating adoption of Industrial Internet solutions. We are mapping the global ecosystem of IoT vendors, use cases, case studies, and technologies. We leverage this data to help companies source technology, research competitors, and enter new markets. Learn more about IoT One: http://iotone.com Twitter: @IotoneHQ IIoT Resources: http://www.iotone.com/guides IIoT Case Studies: http://www.iotone.com/casestudies IIoT Glossary: http://www.iotone.com/terms