darius billpin @ startup asia

Darius Cheung@rius

Startup Opportunities in Southeast Asia

Hello. My name is ____

Founder & CEO, WaveSecure

Singapore-based startup

Acquired by McAfee (now Intel)

Founder, BillPin

BillPin.com (iOS & Android app)

Angel Investor

Silicon Valley Southeast Asia

How is Southeast Asia interesting?

600MSoutheast Asia

570M Latin America

1.2B India

1.4B China

World Population

350 M North America

GDP per capita

Pop (M) 2008 2009 2010 2011 Growth

United States 314 46,760 45,305 46,612 48,112 1.00%

Singapore 5 34,465 35,274 41,987 46,241 10.50%

Japan 129 37,972 39,473 43,063 45,903 6.55%

Korea, Rep. 50 19,028 16,959 20,540 22,424 6.47%

Malaysia 29 8,399 7,236 8,691 9,977 7.02%

China 1344 3,414 3,749 4,433 5,445 16.96%

Thailand 70 3,993 3,838 4,614 4,972 8.03%

Indonesia 242 2,172 2,273 2,952 3,495 17.64%

Sri Lanka 21 2,014 2,057 2,400 2,835 12.31%

Philippines 95 1,925 1,836 2,140 2,370 7.56%

India 1241 1,028 1,127 1,375 1,489 13.31%

Vietnam 88 1,070 1,130 1,224 1,407 9.63%

1) Blind spot opportunities

2) Build for the world

3) Back to basics

Korean drama, anyone?

Korean Drama in Arabic??

1 billion videos viewed

150 languages

200 million words translated

300M+ users 300M users(100M in last 4 months)

100M users 10M in Thailand

$2M+/mth sales in stamps

300M+ users 300M users(100M in last 4 months)

100M users 10M in Thailand

$2M+/mth sales in stamps5.5M users in 10 mths

80M users

Manga / Anime Camera

Otaku

1M Android DLs in 3mths

~$30M+ Revenue / yr

1) Blind spots opportunities

2) Building for the World

3) Back to basics

200MUniques /mth

70,000Customers

1.4B Pageviews /mth

Initial Distribution

Growth

90+% revenue from US, EU, Japan

Customers

Plugs into

Online distribution | Low-touch | SaaS

Location & Culture Agnostic | Growth

Highly scalable product | Small team

GetGood

Think Big

Go Global

1) Cultural Blindspots

2) Build for the world

3) Back to basics

SG: $2B

??

US: $220B

6.5%

$256

$1B

Source: Daily Social

1996$700M

(94)

(95)

2000$16B

2012$220B

1% of Retail Sales

2000$4M

(03)

$120B

$72B

$60B

$100B+$170B

20101% of Retail Sales

2012: $1B1% of Retail Sales

(99)

http://thegongshow.tumblr.com/post/345941486/the-spawn-of-craigslist-like-most-vcs-that-focus

http://techcrunch.com/2012/12/01/the-future-of-online-marketplaces/

Fulfillment

&

Payment

1) Cultural Blindspots

2) Build for the world

3) Back to basics

Thanks!

Twitter: @rius

Angel.co: /dariuscheung

Email: darius@billpin.com