“Always be raising.”

Because in the world of startups, if you don’t raise big amounts, you often die before you can exit.

But there might still be a way, as founders in Southeast Asia are learning. With more caution to fundraising, and a more calculated approach to finding an exit. There’s the practice of bootstrapping—the process of self-funding a business—or simply raising capital in smaller amounts.

A report A report Strait Up by The Ken Southeast Asia Covid rocks Southeast Asia's key exports Read more published by Singapore-based venture capital firm Cento Ventures found that the number of trade sale exits in Southeast Asia during the first half of 2020 fell to 26 from 50 in the first half of 2019.


Jon Russell

Jon Russell is Southeast Asia editor for The Ken based in Bangkok. Originally from the UK, Jon moved to Thailand in 2008. He’s passionate about telling thoughtful business stories, and tracking the impact of the internet in his adopted home of Southeast Asia.

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