Business & Economy · 5 views
Rakuten Capital’s Saemin Ahn thinks Southeast Asian VC needs a different model, as good startups don’t get enough ‘oxygen’ compared to the U.S.
Saemin Ahn made his name betting on Southeast Asia. Now, as the region starts to pull itself out of a years-long venture funding slump, he’s not sure the old model works for the region anymore.
Summary
Saemin Ahn made his name betting on Southeast Asia. Now, as the region starts to pull itself out of a years-long venture funding slump, he’s not sure the old model works for the region anymore. “I’m pretty pessimistic about the prospects of venture capital investment in Southeast Asia,” Ahn, who leads international investments for Rakuten Capital, the corporate venture arm of Japan’s Rakuten Group, tells Fortune .
AI summaries can be wrong sometimes—always verify important details using the source article.
How AI & Automation are usedMore from Business & Economy
Continue reading recent Business & Economy coverage
- U.S. Oil Industry Earned Over $130 Billion in Profit During Iran WarContinue reading
- They made a cruise ship their home, then got kicked off in Cambodia. Now their dream life is on hold.Continue reading
- What every CEO can learn from the collapse of law firm giant Weil GotshalContinue reading
- Inside the minds of successful business owners. 'I wake up hungry, and I will not stop.'Continue reading
Support HappeningNow
Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.
Support HappeningNow