Only 2,716 deals completed globally in Q1 2017 compared to 3,201 in Q4 2016.
After eight long years of easy money policies, normalcy is returning to financial markets, bringing a dose of reality to tech startups. By refocusing away from valuations, capital raising and expansion and returning to business basics, startups able to marry the old and new economies are best-poised for success
Mavcap & 500 Startups expect more follow-on funding from the US$50 mil 500 Durians II fund
KWAP has travelled up the risk curve in its search for yield with a US$30 million investment in Uber. But it’s far from a shoo-in, thanks to bubble-like valuations at the ride-hailing giant and an IPO market that may not have the ammo – or temperament – for a unicorn this size.
Anthony Tan tells DNA “anything is possible” in regards to an IPO, no investors exited in current round.
So Grab raises a record breaking US$750mil. Is an IPO option the only path available with a trade sale not likely?
Looking at raising funds via IPO to expand regionally, boost R&D and marketing Sees growing trend in virtual teller machines, hopes to have bigger presence in financial services
KL-headquartered Frontier Digital Ventures (FDV), an investment company focused on the online classifieds business in emerging markets, ended its debut on the ASX on Aug 26 marginally higher.
HK-based DateTix focuses on face-to-face interactions, and believes it is now ready to take on the world, including South-East Asia.
Malaysian tycoon Vincent Tan revealed that most of the new businesses he invested in 2000 for RM200 million (about US$50 million at current rates) have failed.