darius billpin @ startup asia
TRANSCRIPT
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
