"If any of you have played Civilization or another computer game, there's something called the technology tree. You need to unlock fire, chemistry, and steel in order to make a gun. Technology requires certain things to unlock, and progression is important because when Japan was forced to open up as the British and Americans sailed in with guns and steam power, Japan was at a different point in the technology tree with samurai. That technology stack is important." - Jeremy Au, Host of BRAVE Southeast Asia Tech Podcast" - Jeremy Au
"Would an American person who grew up in the Midwest be able to succeed in China as a VC? The people who have succeeded in China venture capital were a mixture with Chinese and Western education, but they also understood the local ecosystem, politics, and dynamics. Could you expect a pure Chinese VC with no American experience to succeed in the American ecosystem? There are already Chinese VCs moving to America to try. The subversion of that is whether a Singaporean VC can invest in Malaysian or Thai companies, or whether only a Filipino VC can invest in Filipino startups. There is debate, and there is no one winning strategy or one size fits all. The edge of these VC funds competing with each other is important to understand." - Jeremy Au, Host of BRAVE Southeast Asia Tech Podcast" - Jeremy Au
In this episode, Jeremy Au speaks on Southeast Asia unicorns vs. China's time machine, golden age thesis, and fragmented markets.
Keywords: Southeast Asia Unicorns vs. China Time Machine, Golden Age Thesis, Fragmented Markets, Singapore, China, Southeast Asia, VC, Thought Leadership
