radical candour from a deep generalist
Been sitting on this news for a while. Congrats to the HXC team for going public!
The fund is backed by Apollo Hospitals, Jungle Ventures, Eight Roads Ventures, the proprietary investment arm of Fidelity International, and other private investors.
— Read on www.dealstreetasia.com/stories/healthxcapital-healthcare-fund-sea-india-108533/
It’s still too long to wait…
— Read on sg.asia-city.com/restaurants/news/we-officially-have-confirmation-shake-shacks-arrival-singapore
I am biased in my love for CardUp:
FinTech Awards – Singapore FinTech Festival 2018
— Read on fintechfestival.sg/festival-line-up/fintech-awards/
Thanks to all who came out to support Project Alpha yesterday.
Also a big thanks to our speakers from Homage, Kudo and Grab!
We couldn’t do this without the amazing support from AWS.
Well done SeedPlus team!
Stay tuned for more.
I mentioned this when Jon first announced it :: https://seedvc.blog/2018/09/03/12-startups-in-12-months-jon-yongfook/
#1 is out the door.
Wrote about this yesterday :: https://seedvc.blog/2018/09/27/stripe-to-open-singapore-hub-following-245m-fundraise/
Saw this on LinkedIn today :: https://www.linkedin.com/feed/update/urn:li:activity:6451084223817310208
1) Stripe’s fourth global engineering hub will be in Singapore
2) This hub will build completely new products, and further develop the underlying infrastructure powering Stripe
3) 200 million Southeast Asians will come online in the next two years
Gotta love those SEA stats but what really interests me is #2. New products.
People have been chatting about PayPal and Stripe competing but that has been going on for a while. What is more striking for me is where is Square when it comes to Asia? As of today – completely non-existent.
Stripe to open Singapore hub following $245m fundraise
From the Stripe Blog :: https://stripe.com/blog/singapore-eng-office
If this doesn’t put Singapore on the map in the global tech arena – then not much will.
Stripe is huge and they have chosen Singapore as an engineering hub.
This continues my hypothesis of why Singapore has already won the hub if SEA region and has vaulted past Hong Kong.
Why? Look at all the global companies with their hubs here and more and more will come and probably do more engineering than just sales and marketing.
Singapore is safe, fair, family friendly and the government is pro tech.
This also helps bolster one the trends I am have been trading on – the TTS. Trailing Tech Spouse.
Companies like Google, FB, AirBnB and now Stripe – move executives to Singapore and with them comes their spouse who often is also in tech. Thus bringing more experiences talent to the region but primarily Singapore.
Super exciting.
Also:
We did Kuala Lumpur, then Jakarta and finally Bangkok.
City #4 is next week – Singapore!
http://alpha.seedplus.com/#singapore
Hope you can make the event.
Pitch Submissions are open!
Awesome addition to Singapore and the SEA funding scene.
Opening our Singapore office | Eight Roads
— Read on eightroads.com/en/
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