Southeast Asia had only $200M in annual VC when Zalora launched
Magnus Grimeland · Magnus Grimeland – Day Zero Investing at Antler (EP.369) · Feb 15, 2024 · at 11:26
Antler founder Magnus Grimeland describes the nascent state of venture capital and tech in Southeast Asia when leaving McKinsey to build e-commerce platform Zalora.
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“So, in a year, when I decided to leave McKinsey, two hundred million dollars a year was put into venture in Southeast Asia, which is a population of six hundred million, very fast growing.”
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