Tiang Lim's guest appearances

Tiang Lim

Analyse Asia with Bernard Leong

Asia Tech Podcast

The Masters Of Cashflow

Elliott Zaagman

Bernard Leong

Bay McLaughlin

Holly Harrington

Zennon Kapron

Tim Romero

Edith Yeung

Benjamin Joffe

John Artman

Kiren Tanna

Magnus Grimeland

Michael Smith

Casey Lau

GRAHAM BROWN

Chirayu Wadke

OwlTail

"As a seed fund, we will always be small. ... and that's done with the intent of building towards product market fit. we talk a lot about product market fit in startup land. We don't really talk about it enough and in venture land, It's really hard to deploy a billion dollars in capital if you're focusing on seed. Intentionally is a feature. It's not a bug. And if we're doing our job right, we'll continue to raise the same fund size, relatively small speaking, and just be great at pattern recognition at seed pre product market fit and staying really focused that way to be the best in our niche is the way we think about it. " - Tiang Lim Foo   Fresh out of the studio, Tiang Lim Foo, co-founder and partner of Forge Ventures shares the story of how he started the seed stage venture firm and his perspectives on early stage investing in Southeast Asia. He dived into a deeper discussion of the rise of early stage investors within the key countries in the region and how the whole venture investing space is transforming with web2 and web3 in transition.   Podcast Information:The show is hosted and produced by Bernard Leong (@bernardleong, Linkedin) and Carol Yin (@CarolYujiaYin, LinkedIn). Sound credits for the intro and end music:  "Run it" by DJ Snake, Rick Ross and Rich Brian and the episode is mixed &amp; edited by Geoffrey Thomas Craig (LinkedIn).

"As a seed fund, we will always be small. ... and that's done with the intent of building towards product market fit. we talk a lot about product market fit in startup land. We don't really talk about it enough and in venture land, It's really hard to deploy a billion dollars in capital if you're focusing on seed. Intentionally is a feature. It's not a bug. And if we're doing our job right, we'll continue to raise the same fund size, relatively small speaking, and just be great at pattern recognition at seed pre product market fit and staying really focused that way to be the best in our niche is the way we think about it. " - Tiang Lim Foo Fresh out of the studio, Tiang Lim Foo, co-founder and partner of Forge Ventures shares the story of how he started the seed stage venture firm and his perspectives on early stage investing in Southeast Asia. He dived into a deeper discussion of the rise of early stage investors within the key countries in the region and how the whole venture investing space is transforming with web2 and web3 in transition. Podcast Information:The show is hosted and produced by <a href="https://bernardleong.com/" rel="nofollow" target="_blank">Bernard Leong</a> (<a href="https://twitter.com/bernardleong" rel="nofollow" target="_blank">@bernardleong</a>, <a href="https://www.linkedin.com/in/bleongcw/" rel="nofollow" target="_blank">Linkedin</a>) and Carol Yin (<a href="https://twitter.com/CarolYujiaYin" rel="nofollow" target="_blank">@CarolYujiaYin</a>, <a href="https://www.linkedin.com/in/carol-yin-b2a2491b/" rel="nofollow" target="_blank">LinkedIn</a>). Sound credits for the intro and end music: <a href="https://open.spotify.com/track/282R6Lvm9nLtpx8AzUwJe0?autoplay=true" rel="nofollow" target="_blank"> "Run it" by DJ Snake, Rick Ross and Rich Brian</a> and the episode is mixed &amp; edited by <a href="http://gthomascraig.com/" rel="nofollow" target="_blank">Geoffrey Thomas Craig</a> (<a href="http://linkedin.com/gthomascraig" rel="nofollow" target="_blank">LinkedIn</a>).

Forge Ventures & Early Stage Investing in Southeast Asia with Tiang Lim Foo

[06:56] People in the region seem to speak highly of the work you guys do at SeedPlus. You seem to check all the boxes for the ideal startup founder most VCs look for. -- Never referred to self as an entrepreneur. What entrepreneurs do is way, way harder than what we do as VCs. Having been in venture capital for a few years, have a greater appreciation for the dangers of stereotyping. Great founders can come from anywhere. Biases can lead to dangerous thinking and missing out on great opportunities. Empathy is probably one of the hardest skills to acquire as a VC. You need to have empathy with founders. Of course we are investing for financial gain; but at the same time we want to help build businesses that are good for human beings. An example of a company focusing on empathy is Amazon. Jeff Bezos has always been customer-first, customer-centric. This has not changed over the years.[14:53] When you're chatting with a founder, what do you look for? -- It's really about the team. At the seed stage there are a lot of unknowns. This means the founder and the team have a much bigger impact on overall outcome during this early period. We look for qualities like mental agility, understanding context, market fit, displays of leadership, and just like pure grit. It's a delicate balance. When you come across someone who has an opinion about how the world should work, even if it's not correct, this suggests it's possible to have a discussion around making ideas work. It's also relevant to consider the context in Asia. To have an opinion implies you're willing to go against the grain. Asia is more conformist than other cultures, and this is not always great for entrepreneurship.[45:29] A new generation of talent is wondering how they can be part of the Asian Century. What advice might you give? -- There's no better way than just being here. You can read and watch as much as you want, but it's not as good as seeing things for yourself. Singapore is a great gateway into the rest of Asia. It's good for families and it's safe and efficient here in Singapore. Immersion and acquiring a language are also fantastic ways to get acquainted with the region.

[06:56] People in the region seem to speak highly of the work you guys do at SeedPlus. You seem to check all the boxes for the ideal startup founder most VCs look for. -- Never referred to self as an entrepreneur. What entrepreneurs do is way, way harder than what we do as VCs. Having been in venture capital for a few years, have a greater appreciation for the dangers of stereotyping. Great founders can come from anywhere. Biases can lead to dangerous thinking and missing out on great opportunities. Empathy is probably one of the hardest skills to acquire as a VC. You need to have empathy with founders. Of course we are investing for financial gain; but at the same time we want to help build businesses that are good for human beings. An example of a company focusing on empathy is Amazon. Jeff Bezos has always been customer-first, customer-centric. This has not changed over the years. [14:53] When you're chatting with a founder, what do you look for? -- It's really about the team. At the seed stage there are a lot of unknowns. This means the founder and the team have a much bigger impact on overall outcome during this early period. We look for qualities like mental agility, understanding context, market fit, displays of leadership, and just like pure grit. It's a delicate balance. When you come across someone who has an opinion about how the world should work, even if it's not correct, this suggests it's possible to have a discussion around making ideas work. It's also relevant to consider the context in Asia. To have an opinion implies you're willing to go against the grain. Asia is more conformist than other cultures, and this is not always great for entrepreneurship. [45:29] A new generation of talent is wondering how they can be part of the Asian Century. What advice might you give? -- There's no better way than just being here. You can read and watch as much as you want, but it's not as good as seeing things for yourself. Singapore is a great gateway into the rest of Asia. It's good for families and it's safe and efficient here in Singapore. Immersion and acquiring a language are also fantastic ways to get acquainted with the region.

293: Tiang Lim Foo – SeedPlus, Venture Capital, and Southeast Asia

Tiang Lim Foo

Michael Smith Jr and Tiang Lim Foo, partners from Seedplus joined us in a conversation to discuss their recent closing of US$20M for their fund and where they are heading next. We also chatted about their daily lives as venture capitalists, how they worked with startups across Southeast Asia &amp; India from market expansion to The post  Episode 185: SeedPlus &amp; Venture Capital with Michael Smith &amp; Tiang Lim Foo appeared first on Analyse Asia.

Michael Smith Jr and Tiang Lim Foo, partners from Seedplus joined us in a conversation to discuss their recent closing of US$20M for their fund and where they are heading next. We also chatted about their daily lives as venture capitalists, how they worked with startups across Southeast Asia &amp; India from market expansion to The post <a href="https://analyse.asia/2017/06/14/episode-185-seedplus-venture-capital-michael-smith-tiang-lim-foo/" rel="nofollow" target="_blank"> Episode 185: SeedPlus &amp; Venture Capital with Michael Smith &amp; Tiang Lim Foo</a> appeared first on <a href="https://analyse.asia" rel="nofollow" target="_blank">Analyse Asia</a>.

Episode 185: SeedPlus & Venture Capital with Michael Smith & Tiang Lim Foo - Analyse Asia with Bernard Leong