Diversity in Asia's Startup Scene
Japanese VC firm Global Brain brought together Japanese angel investors and tech startups at the 6th Global Brain Alliance Forum to discuss the potential for growth in Asian venture companies. Several entrepreneurs highlighted Asia’s market diversity. Mark Hsu pointed out how countries in South East Asia are not easily comparable since they differ in GDP, population, and standard of living. This puts Thailand ahead of Myanmar and Vietnam in terms of potential, but the latter two offer new, untapped markets that Asian startups should focus on. Willis Wee talks about “non-laptop” Asian countries where mobile usage is high, but there are other technological gaps that startups need to take note of. Read the full discussion here.