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
Would there be a case study on Viki soon in the future?
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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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