Qualgro Partners’ General Partner Weisheng Neo, featured in The Business Times, shared Qualgro’s outlook on Southeast Asia’s venture capital environment, highlighting the strategic and disciplined approach that venture capitalists are taking amid challenging macroeconomic conditions.
He noted that while investment activities have not ceased, there is a prudent recalibration among investors who are now more focused on optimising returns and carefully selecting new opportunities that align with long-term growth potential.
Weisheng underscored the importance of three main criteria which contribute to a strong exit: favourable conditions in stock prices, balance sheets, and market sentiment on growth outside of the US and Europe. This forward-looking approach ensures that investments are made in businesses that have the potential to thrive in various market conditions.
Despite the stringent approach, Qualgro remains optimistic. Said Weisheng: “The community of founders who put their head down and are working to build their companies at an early stage will continue to be vibrant.”
Read the full article here: https://www.businesstimes.com.sg/opinion-features/features/s-e-asias-startup-ecosystem-continues-brave-funding-drought
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First published on The Business Times on 9 Aug 2024
