Finding the right path to profitability in Southeast Asia’s digital landscape
In recent years, the startup business landscape has experienced a challenging time, a so-called “tech winter,” a period when startups are facing a tougher fundraising climate and persistent inflation. This phenomenon has prompted startups to pivot towards building more sustainable business models focused on driving profitability.
“We never intentionally look for unicorns”: Willson Cuaca
Since East Ventures was established in 2009, we never intentionally look for unicorns. The statement came from East Ventures’ Co-Founder and Managing Partner, Willson Cuaca during the panel discussion titled ‘Finding the Next Unicorn’ in OCBC NISP Business Forum 2023.
‘Investors are becoming more selective, especially when it comes to risks and valuations’: Roderick Purwana
With the threatening global economic condition that overshadows the tech industry, keeping one’s optimism is not an easy feat. This, which also stems from the COVID-19 pandemic, has resulted in multiple layoffs within the tech industry, both globally and domestically.