23. What Can Be Done In Asia‘s Web Scene?
‐> Biggest problem: underdeveloped ecosystems in Asia.
• low number of QUALITY startups • weak exit environment (IPOs, trade sales)
• few competent VCs firms/angel investors • political and legal problems in some
• low propensity of talents to work for South East Asian countries (IP protection,
startups bureaucracy for startups, general political
• few people with an entrepreneurial instability)
mindset • massive “brain drain”
• historically, culturally, and economically • still low Internet penetration
diverse markets • fragmented mobile landscape
• much lower online spend than in North • underdeveloped online and mobile
America or Europe payment infrastructure (if any)
• problematic role of government/ • high web access/data costs
regulations