28 April 2017. A New Day. You can start a new day whenever you want. The middle of the day could be your start of the new day or in my case 4am in the morning as I go out to cycle before the Singapore heat starts to kick in. Today is a New Day for me because I have revamped my newsletter using Revue and I am personalizing the content a bit more. Besides sharing what’s happening on the M&A side of venture, I also want to share more personal experiences from my day to day job.
Mastering M&A in South East Asia
One the most eye-opening things said to me in the last few days came from a European based corporate in a very traditional industry. The CFO of this company told me he would love to “acquire 20 companies a year if he would see at least 500 deals a year…”. THIS made me realize that we’re aren’t close to fulfilling the need of traditional corporates when it comes to building the right companies for the right industries. It also made me realize how difficult it is for these corporates to identify and find these startups.
Ride hailing apps are increasingly starting to look more like platforms for various services than anything else. Will users in for instance Indonesia use GoPay (GoJek’s payment platform) for everyday payments?