"One main thing is that just don't expect things to happen in the short term. It's definitely a long-term game here. And I think if you can just be consistent and focus on execution you should do pretty well because I think execution is probably the main risk for why any business succeeds here. It's not competition or capital. I would say in general, if you find a business that you can work at that has the potential to be a good executor in their sector and you're working alongside some great human capital, you should have long-term end up in a great position, I would say, but from what I see, it's all about finding those companies that are at that point of stronger execution than their peers." - Max Thornton
"It feels like a lot of the light is shone on the countries that are around Cambodia. Think about Vietnam, Indonesia, and some of these bustling ecosystems where you have tech startups coming out and being reported on, and on Cambodia's side, it is very much flying underneath the radar in terms of general news that is getting out more in the broader world. So one of the things that we did was to organize an event in Cambodia and bring together investors, creatives, and entrepreneurs who have been working on projects and businesses for the past couple of years, taking on that risk and wanting to grow to the next level. It's something where when you bring in outside participants to come join the conference, it takes a bit of a push to be able to really show the opportunities in the country, and you have to be boots on the ground to be able to realize that these of opportunities exist." - Dom Kalousek
"Some statistics on the VC space here are that the valuations are still very reasonable. If you're coming in as a pre-seed or seed investor, it's rare to see a startup valued at more than a million in those two rounds, so you're probably looking at only about 20 active VC investors gere, and then some angels. FinTech and e-commerce are the only two crowded sectors, but beyond that, the landscape is pretty wide open for startups launching in other sectors. There are probably less than 10 SaaS businesses that have recently been founded. Edtech is just getting going. There's only one company in the entire sector that's had more than a few hundred thousand in investment. There's really only been a handful of crypto companies that have launched here. So it goes in stages. There are only so many participants, so the market does get interested in a few different sectors, and you see that focus and then those valuations going up, but it hasn't broadened to how many sectors you'd be looking at in Singapore, for example." - Max Thornton
In this episode, Jeremy Au speaks on Cambodia market dynamics, local partnerships nuance, and Khmer population and industry.
Keywords: Cambodia Market Dynamics, Local Partnerships Nuance, Khmer Population, Industry, Cambodia, Thought Leadership
