{"id":3636,"date":"2022-10-13T10:29:38","date_gmt":"2022-10-13T02:29:38","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=3636"},"modified":"2022-10-13T22:49:02","modified_gmt":"2022-10-13T14:49:02","slug":"daily-markup-609-vishal-harnal-on-tatler-asia-trends-guiding-his-next-investments-must-have-qualities-of-vcs-and-failure","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=3636","title":{"rendered":"Daily Markup #609: Vishal Harnal on Tatler Asia \u2014 trends guiding his next investments, must-have qualities of VCs, and failure"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/E2eDGYP11bCp4ImS3wvcl3AxBWwzKwK_FnX7h3jb7bqhYlKrnjLw4JwAuvEO18PgHNAadpQqxYSSAjyS0CgtpxubMSFrcGVUzgmOY4urDW6yavJFs2z1yeU9mQ_QAitm18IRwFgRXYcvRQb7xSkiR54J5-bAoeHEIQJmOyA3VLYrqPh42yTxmX-9Ag\" alt=\"\"\/><figcaption>Credit: 500 Global<\/figcaption><\/figure>\n\n\n\n<p><strong>Stable approach, stable returns<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>500 Global recently celebrated 10 years of investing in Southeast Asia, and our <a href=\"https:\/\/bit.ly\/3EF0CWZ\">investment approach has been based on an economies-of-scale model<\/a> \u2014 cutting smaller cheques to a sizeable number of companies.<\/li><li>That\u2019s how we invested early in companies such as <a href=\"http:\/\/grab.com\/\">Grab<\/a>, <a href=\"https:\/\/www.carousell.sg\/\">Carousell<\/a>, and <a href=\"https:\/\/www.bukalapak.com\/\">Bukalapak<\/a>. \u201cOur model balances risk and reward,\u201d said Vishal Harnal, Managing Partner at <a href=\"http:\/\/500.co\/\">500 Global<\/a>. \u201cIt makes sense for us from a mathematical perspective.\u201d<\/li><li>So, what exactly is 500 Global investing in these days in the region? \u201cWe have about eight themes that will form 70% to 80% of the investments, and 20% of them would be opportunistic,\u201d he shared.<\/li><li>Some of the themes are sustainable cities, the creator economy, Web3, healthcare, education, and fintech \u2014 and not just fintech that is catered towards the wealthy, but fintech that is facilitating transactions in rural areas and other parts of the ecosystem \u2014 as well as human and machine productivity, which includes Software-as-a-Service (SaaS) companies and industrial automation.<\/li><li>\u201cThen we have rural digitization,\u201d Vishal added. \u201cI care about this a lot as the story of Southeast Asia has not been the story of countries until now. It&#8217;s been the story of cities. Entrepreneurs in the region are starting to build innovative companies outside of tier-one cities where the majority of their country&#8217;s population live.\u201d<\/li><li>When asked by Tatler about the qualities he thinks a successful VC investor needs to have, he shared that early-stage investors have to be optimists to keep an open mind; investors of later stages can afford to be more pessimistic and quantitative; both must be analytical and detail-oriented.<\/li><li>Lastly, thoughts on failure? \u201cI&#8217;m not afraid of failure,\u201d Vishal shared. \u201cThe minute you let it paralyze you, you&#8217;ll never make a decision. Failure is part of the startup ecosystem, so baking that into the way you invest is important. What I feel sad about are preventable failures.\u201d<\/li><li>Read the full interview on <a href=\"https:\/\/bit.ly\/3EF0CWZ\">Tatler<\/a>.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Stable approach, stable returns 500 Global recently celebrated 10 years of investing in Southeast Asia, and our investment approach has been based on an economies-of-scale model \u2014 cutting smaller cheques to a sizeable number of companies. That\u2019s how we invested early in companies such as Grab, Carousell, and Bukalapak. \u201cOur model balances risk and reward,\u201d [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3637,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[473],"class_list":["post-3636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-500-global"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #609: Vishal Harnal on Tatler Asia \u2014 trends guiding his next investments, must-have qualities of VCs, and failure - 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=3636\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #609: Vishal Harnal on Tatler Asia \u2014 trends guiding his next investments, must-have qualities of VCs, and failure - Markup\" \/>\n<meta property=\"og:description\" content=\"Stable approach, stable returns 500 Global recently celebrated 10 years of investing in Southeast Asia, and our investment approach has been based on an economies-of-scale model \u2014 cutting smaller cheques to a sizeable number of companies. 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