While SE Asia’s strong macro story stays strong, the global economic headwinds will test the resilience of fund managers, founders and investors betting on the region’s growth potential. The buzz has shifted from vanity metrics and unicorn tags to sustainability, unit economics and path to profitability as businesses and investors align to the new context. How long will this phase last? Which sectors/verticals and business models will ride the storm and which sectors will see pivots and consolidation? How will fund managers reset their investing strategies? What is the outlook on exit events?