- David Yin, Partner, GSR Ventures
- Wally Wang, Founding Managing Director, Scale Asia Ventures
- Jianggan Li, Founder & CEO, Momentum Works
- Conrad Tsang, Founder & Chairman, Strategic Year Holdings Limited
- Edith Yeung, General Partner, Race Capital (Moderator)
Over the past two years, Singapore has been becoming a magnet attracting Chinese VCs, wealthy individuals, and professionals, a trend that will likely influence SE Asian startup and venture capital ecosystems.
In Asia – where the billionaire population increased by 16.5% in 2021 to account for over a quarter of the global rich – Singapore has seen its family offices grow five-fold from 2017-2019.
As of 2020, the country has hosted 400 family offices. Chinese VCs are flocking to Singapore on the heels of global LPs ranging from HNWIs and family offices, who increasingly view the country as an ideal base to access SE Asian opportunities.
As China’s interest and investment in the region continue to grow, this panel will explore how China’s growing influence on Southeast Asia’s startup and VC ecosystem could be a double-edged sword. While it presents many opportunities for growth and innovation, it could also bring new challenges and risks for local startups and investors.
