scaling a global saas company in singapore
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Singapore. Startup City.
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Founder of a global startup based in Singapore
● SaaS product for SMBs commerce companies● Founded in 2012● Raised US$8.2m● 1100% growth Yo● 60+ employees● Customers in over 100 countries
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Global companies need to serve customers everywhere...
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The question? To move or not to move.
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We raised here. We raised there. (I don’t advise it)
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Decision time. What truly matters to success?
1. A Global SaaS leader
2. The #1 Customer Company
3. The face of commerce Globally
4. Developing and supporting entrepreneurship
5. Solving large problems
6. Building a Unicorn (50,000 customers @ $200 / month = $120M ARR)
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Singapore is a great place to do business
How Singapore and comparator economies rank on the ease of doing business
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A really great place to do business
● Singapore is ranked first worldwide for the ease of doing business by the World Bank for 2012, consecutively for 7 years.
● Singapore is ranked first in the Global Enabling Trade Report.
● Singapore is ranked the 3rd most competitive country in the world.
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The Gov’t support is mind-boggling (if you know how to get it)
IDA
EDB
NRF
Spring
and the PM
… seriously
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Growing access to capital
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Huge amount of growth in this region
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And we’re literally living on a tropical island...
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Singapore has created some amazing local businesses
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So how do we build Singaporean global leader?
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Building a global tech leader.
1. HQ in Singapore2. Investing in world-class employee development3. Hire amazing people into Singapore4. Integrate and scale an international team5. Build a Global Network 6. 2 weeks / Quarter in the Valley
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A world-class self-perpetuating tech eco-system