Alexander Jarvis
Alexander is Operating Partner at Jungle Ventures. He build stuff, mentor promising entrepreneurs and advise institutional investors on internet companies in Asia Pacific. He used to be an M&A banker in London.
This is a quick presentation I churned out the night before the Premoney Asia conference we organised with 500Startups.
People seem to have a lot of preconceptions about the startup opportunity in Asia, in particular South East Asia. We wanted to touch on some of the obvious ones we hear.
There are a lot of challenges in Asia, don’t get me wrong, but the opportunity is commensurately larger.
Myth #1 – You need to be in valley to build a big consumer company.
Myth #2 –Definitely need to be in Valley for enterprise startups!
Myth #3 – Internet penetration in Asia is too low.
Myth #4 – Asians just copy they don’t innovate
Myth #5 – You can’t get a exit in Asia
Myth # 6 – Asians aren’t entrepreneurs
Myth #7 – There is too much seed funding in Asia
Myth #8 – There is no smart money in Asia.
