{"id":3605,"date":"2022-10-03T08:49:45","date_gmt":"2022-10-03T00:49:45","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3605"},"modified":"2022-10-03T08:49:46","modified_gmt":"2022-10-03T00:49:46","slug":"daily-markup-601-khailee-ng-on-how-500-global-picks-out-diamonds-in-the-rough-to-reveal-the-global-potential-of-southeast-asian-startups","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3605","title":{"rendered":"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh5.googleusercontent.com\/hW0yG9C3JUm6J4sySNpbx_svMDsHULHhUMyndPoqIeSjwI006_II8JeXmLr3K-Tfm_TVtr3Z3JQK4HGKPYfqB0Imp_MH2n-lH0QAsp4Xz8pisqxYSMEcQuqTzCrWFvXiat1pPE69ZVEGLrEZ9kS6lhu1rDvIrnqrhFCyq4M7t0mFgPLsMNL6kLZiaw\" alt=\"\" \/><figcaption>Credit: VulcanPost<\/figcaption><\/figure>\n\n\n\n<p><strong>An eye for diamonds in the rough<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>What\u2019s the secret formula for spotting Southeast Asian startups with global potential? Khailee Ng, Managing Partner of 500 Global, advised investors that the work that these startups do may not seem glamorous, but they are tackling hyper-localized problems.<\/li><li>That\u2019s why 500 Global got in early with Bukalapak \u2014 the company\u2019s market penetration was only 2-3% when we backed the team. Another example is Indonesian aquaculture startup, eFishery.<\/li><li>\u201cThese startups can find it very difficult to raise money because the problem is so niche and only applied to people on the outskirts of the cities,\u201d Khailee highlighted. \u201cToday [eFishery is] making hundreds of millions of dollars in revenue and they\u2019ve been profitable for the past three years.\u201d<\/li><li>Being an early believer has paid off for 500 Global, which counts unicorns like Grab, Carsome, and Carousell as portfolio companies.\u00a0<\/li><li>Amid ongoing unstable economic conditions, some may opine that investments are slowing down and venture capital firms are cutting fewer checks. Khailee pointed out that companies like Apple and Microsoft were funded during down cycles.<\/li><li>\u201cThere are lots of entrepreneurs building great companies, and those who stayed alive amidst the pandemic are the fittest of the fit,\u201d he added.<\/li><li>Read the full coverage in <a href=\"https:\/\/bit.ly\/3C9WpZt\">VulcanPost<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>An eye for diamonds in the rough What\u2019s the secret formula for spotting Southeast Asian startups with global potential? Khailee Ng, Managing Partner of 500 Global, advised investors that the work that these startups do may not seem glamorous, but they are tackling hyper-localized problems. That\u2019s why 500 Global got in early with Bukalapak \u2014 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3606,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[473,467,489],"class_list":["post-3605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-500-global","tag-500-southeast-asia","tag-khailee-ng"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=3605\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups - Markup\" \/>\n<meta property=\"og:description\" content=\"An eye for diamonds in the rough What\u2019s the secret formula for spotting Southeast Asian startups with global potential? Khailee Ng, Managing Partner of 500 Global, advised investors that the work that these startups do may not seem glamorous, but they are tackling hyper-localized problems. That\u2019s why 500 Global got in early with Bukalapak \u2014 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=3605\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-03T00:49:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-03T00:49:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/10\/IMG_0993.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ching Yee Ho\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3605#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/10\/IMG_0993.jpg\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2022\/10\/IMG_0993.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3605#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=3605\",\"name\":\"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3605#primaryimage\"},\"datePublished\":\"2022-10-03T00:49:45+00:00\",\"dateModified\":\"2022-10-03T00:49:46+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=3605#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=3605\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=3605#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/519b865263ce8210988e9676b536923f\",\"name\":\"Ching Yee Ho\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2a65dd4b61125a19ff989c4d621a9a0a8f9e7d34b0118d60e00ecec7fd41e330?s=96&d=mm&r=g\",\"caption\":\"Ching Yee Ho\"},\"url\":\"https:\/\/dailymarkup.com\/?author=5\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=3605","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #601: Khailee Ng on how 500 Global picks out diamonds in the rough to reveal the global potential of Southeast Asian startups - Markup","og_description":"An eye for diamonds in the rough What\u2019s the secret formula for spotting Southeast Asian startups with global potential? 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