Southeast Asia’s tech giants could ‘gobble up’ start-ups after going public, venture capitalist says

CNBC2021-04-26

KEY POINTSSoutheast Asia’s tech giants could buy up start-ups using funds they gain when they go public, according to Vinnie Lauria of Golden Gate Ventures.He said likely buyers would include Grab, ...

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Comments

Jj1985
2021-05-12
Jj1985
Comment and like
ReenieQuartz
2021-04-28
ReenieQuartz
Good read..
好好用手机用一
2021-04-27
好好用手机用一
Sea 會面臨很大的競爭，goto grab 和lazada開始合作
HKFoong
2021-04-26
HKFoong
Hopefully will be a good company and good earnings
DesmondChin
2021-04-26
DesmondChin
It's normal, big US tech gobble up small start-up, Chinese big tech invest into small start-up...if you can't compete, just invest or bought over it
- DesmondChin:
  like and share
- Ljoney:
  Agree, like n share
Wins888
2021-04-26
Wins888
Cool, how long will tech bulls run?

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These deals provide companies an alternative route for going public, one that bypasses the traditional initial public offering process.Sea, which is listed on the New York Stock Exchange, held its IPO in 2017. GoTo’s merger has not been finalized, and both Gojek and Tokopedia are still private companies.Lauria said his firm estimates that by 2025 there will be “a few hundred acquisitions being led primarily by these decacorns.” The term “decacorn” refers to a start-up valued at more than $10 billion.Lauria said Southeast Asia’s start-up ecosystem may also be reaching a stage where some investors want to cash out.″(They) won’t necessarily be pushing for the company to sell itself, but they’re gonna be looking for secondary buyers. They’re going to be very interested in a merger, M&A sort of deal,” he said.“The secondary markets — which have been very, very low in Southeast Asia — we expect very large pickup there,” he added.Undervalued sectorsAs for sectors with growth potential in Southeast Asia, Lauria said he still thinks fintech is “very undervalued.”“There’s huge opportunity ahead because Visa and MasterCard don’t have the same penetration in Southeast Asia, so alternative payments is going to be huge,” he explained.Health care and education are also areas of interest.“Anything related to health tech will be big,” he said, and investors should “definitely” be looking at education tech.“In Southeast Asia it’s going to evolve very differently than the Western world, and we’re going to see some really interesting innovations here,” he 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invest or bought over it","text":"It's normal, big US tech gobble up small start-up, Chinese big tech invest into small start-up...if you can't compete, just invest or bought over it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/374311554","repostId":1154900296,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4137666,"gmtCreate":1619433443820,"gmtModify":1680785658286,"authorId":3578983795474363,"author":{"id":3578983795474363,"idStr":"3578983795474363","authorId":3578983795474363,"name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374311554,"type":1,"supId":4136302,"prevId":0,"content":"like and <u>share</u>","text":"like and <u>share</u>","html":"like and <u>share</u>"},{"id":4136302,"gmtCreate":1619419759215,"gmtModify":1680785639902,"authorId":3581591015314710,"author":{"id":3581591015314710,"idStr":"3581591015314710","authorId":3581591015314710,"name":"Ljoney","avatar":"https://static.tigerbbs.com/8376cac12c1b661feac4d507eb1379e4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":374311554,"type":1,"supId":0,"prevId":0,"content":"Agree, like n share","text":"Agree, like n share","html":"Agree, like n share"}],"langContent":"EN"},{"id":374393624,"gmtCreate":1619415782068,"gmtModify":1704723501770,"author":{"id":"3573623994106312","authorId":"3573623994106312","name":"Wins888","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3573623994106312","idStr":"3573623994106312"},"htmlText":"Cool, how long will tech bulls run?","listText":"Cool, how long will tech bulls run?","text":"Cool, how long will tech bulls 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