Viki has been acquired for 200M by Rakuten apparently.
This is great news for our industry as it is the first 9 digit
acquisition and not investment. I met the CEO Razmig once at a Jungle
Ventures and he was a smart guy.
And best of all Viki is a classic
example of a platform play that can scale globally! Hopefully of the
guys who made millions, some are SG funds and SG investors/founders.
Then they can set aside some $$ and brains to give back to SG
eco-system.
Thoughts on startup scene in South East Asia. While effort is made to be accurate in terms of numbers, i may sometimes get the data wrong. My purpose is to share what i know and what i have learned over the past 23 years. Feel free to leave comments or to email me. And if you are keen to learn more about Angel Investing pls visit https://www.angelcentral.co/investors/membership
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1) Share what you know freely to all who are able to listen with no expectation of reward.
2) If you make big bucks, donate some of that to charity and give back to tech by becoming an angel investor or LP. You can learn more about AngelCentral at https://www.angelcentral.co/investors/membership
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Would there be a case study on Viki soon in the future?
ReplyDeleteThanks.
Hi Jason, Viki is incorporated in Silicon Valley with the SG office Viki Pte Ltd as wholly owned subsidiary. Will take a while to dig out the numbers.
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