8.1.13

Why Southeast Asia is the most exciting region for startups and tech in 2013

Excellent article on why the tech sector is growing in SE Asia. No real surprises but certainly in line with what I see doing business development for Google in this region. The interesting part is that commentators outside Asia-Pacific are finally beginning to see the hype.

The last section around challenges resonates well with me based on my experiences doing partnership deals in this market. It does take a long time to get things done and the results can be volatile...but the potential for growth and change is massive and is being realised. 


Summary:
1. SEA is being noticed as a market
2. Smartphone and Broadband growth are rampant ->  more internet users
3. Startups are thinking regional rather than national
4. Better institutions, accelerators and organised finance/investment