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‘Post-pandemic, SEA will see a sustainable leapfrog into the digital age’: Cathay Innovation report
How will a post-COVID-19 look like? There is no a clear answer to this question. But one thing is certain: this pandemic will force some behavioral changes — not just on the people but also industries. And those who effect the changes as soon as possible will come out successful. […]
COVID-19 & South East Asia: A Catalyst for a Sustainable Leapfrog in the Digital Age
Over the last few years, Southeast Asia (SEA), home to over 650 million people and startup unicorns like Grab, Gojek and Tokopedia, has been recognized as one of the hottest emerging startup economies to watch due to rapid growth and an increasingly mobile-savvy population — with mobile penetration growing 132% in 2019. […]
Insurtech Startup Axinan Closes Series A+ with $16 Mn
Insurtech Startup Axinan has closed its series A funding round at $16 mn. The extended series A+ funding was led by InVent, the corporate venture capital arm of asset management and investment company Intouch Holdings. […]
‘Banking in America is broken:’ The CEO of $5.8 billion challenger bank Chime wants to put the customer first during the coronavirus crisis
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The coronavirus might have changed China’s venture capital scene for good
According to a report from Beijing-based startup tracker IT Juzi, VC investment in the country’s tech sector shrank 30% in the first quarter of the year, with VCs funneling $16.8 billion into tech enterprises during the first three months, down from $24 billion in the same period last year. The total number of deals contracted too, […]
Forget Unicorns. Startups Should Be Camels
In Silicon Valley, the entire ecosystem is aligned around one thing: the cultivation of unicorns — startups valued over $1 billion. Unicorns were once a rare breed, but in recent years, the stable of billion-dollar thoroughbreds has grown to about 350 unicorns around the world. […]
How Entrepreneurs Succeed Outside Silicon Valley
Alex Lazarow, venture capitalist at Cathay Innovation, says that start-ups in cities around the United States and the world are creating their own rules for success. While Silicon Valley companies have sparked key innovations and generated huge wealth over the past few decades, not everyone should use them as a model going forward. In fact, […]
Start Up Bright Spots in a Time of Global Meltdown
Most if not all countries today are under some form of quarantine, isolation or are “sheltering in place,” and people everywhere are feeling the stress and anxiety that comes along with a global crisis that’s unlike anything we’ve experienced thus far. Yet, it’s during the most difficult and challenging times that you often see the […]
How Does Your Financial Future Change From These Unexpected Good Things That Will Come Out Of This Crisis?
One day this will all be behind us. And when it is, we may just discover some good has come of it. “Anytime you go through a once in a 100-year event you will learn things and be better for it,” says David S. Richmond, Chairman & Co-Owner, Richmond Brothers, Inc. Jackson, Michigan. […]