Monk's Hill Ventures

We’re excited to host our first SEAConnect event in the region, following multiple successful engagements in the US. If you’re about to start your program, visiting #Jakarta for the summer, or returning after your studies in the US, join our Partner, Susli Lie, and Angsana Council Trustee, Pak Gita Wirjawan, for an evening of insightful discussions and networking to learn more about the region and the tech ecosystem. Apply here: https://lu.ma/zjjibyap

A just-in-time weekend read inspired by Peng T. Ong's conversations with many founders: How can I be a better #leader? How do I lead stronger teams? The answer may be counterintuitive: "Do Less, Be Lazier." This thought piece by Peng and the Monk's Hill Ventures team explores the value of 'Lazy Leadership' and how to avoid leading unconsciously. Fundamentally, it hinges on nurturing your mental maturity as a leader to recognize your limitations, understand the context within which you and your teams operate, and have the tenacity to see things through. If you are in this headspace, have a read, and let us know what you think in the comments. https://lnkd.in/gTUP8gCv Andit Intasworo Gullnaz Baig Phong T. Winnie Wang Shiyun Bea Ramos Cheryl Liew

🔔 Job Alert! Our portfolio company, Radiant1, is expanding their team and looking for a Head of Engineering. Radiant1 is an innovative early-stage company in the hotel industry, specializing in big data and revenue optimization. Operating across Indonesia, Malaysia, and Thailand, they are on a mission to transform hospitality with cutting-edge technology.   Send your resume to [email protected] and be part of Radiant1's journey to revolutionize the hospitality industry. Check out our website for more roles: https://lnkd.in/gbn_ps2k Gessica Putri Cheryl Liew

(1/5) Stay tuned for this brand new 5-part series, where we unveil more about the selected startups of the Visa Accelerator Program 2024. Meet Damien Dugauquier, CEO and Co-founder of iPiD. Spanning approximately 6,000 banks and 3 billion accounts worldwide, iPiD’s innovative global money movement solutions provide a single API to access account validation services globally. From preventing failed payments, reducing fraud risks, to improving customer experience, iPiD’s team of experts strive to create a payment-rail agnostic global platform that capitalizes on the interoperability of existing systems. 🚀If you are a fintech or financial institution interested in the Visa and iPiD POC, reach out to us at [email protected]. If you are a startup, register your interest for the Visa Accelerator Program here 👉 https://lnkd.in/g__t9Vjd to kickstart your startup’s journey with Visa! #plugandplayapac #pnptcapac #tech #innovation #startups #partnerships #emergingtechnologies #visaaccelerator2024 #AIInnovation #GenerativeAI #EmbeddedFinance #GlobalMoneyMovement #FutureLoyalty #DigitalAcceptance #RiskManagement #SocialCommerce #Faas #Einvoicing #CustomerLoyalty #DigitalSolutions #Fintech #payments #growth #asiapacific #opportunities #digital #callforstartups

Our Principal, Arun Pai, speaks with The Asian Business Review about blitzscaling, a growth strategy that prioritizes speed over efficiency. He highlights the concept of negative blitzscaling, which occurs when a company massively scales its operations and aggressively subsidizes its products (at a loss) to outbid competitors for market share, without having a sound business in place. The focus on valuation building instead of value creation creates a false sense of progress that would prove fatal to many startups. Arun emphasizes that startups can achieve sustainable growth only if built on a strong foundation. This entails having the right people, the right culture, and a solution that truly solves a problem. Read more about negative blitzscaling and the dangers it brings in this article by Peng T. Ong and Phong T.: From Unicorns to Unicorpses: The False Promise of Negative Blitzscaling https://lnkd.in/g8fp4Hzx

Jason Tan, CFO and Co-Founder of our portfolio company Rainforest on good corporate governance.

The first of our MHV Breakfast Series brought together seasoned finance leaders with our portfolio CFOs and founders to discuss their top-of-mind concerns around fundraising, capital preservation, and strategic capital allocation. A few takeaways from our panel featuring Allen Shim and Juliet Zhu, CFA, moderated by Monk's Hill Ventures Head of Talent Cheryl Liew: 📈 Growth in context: While often celebrated, growth must be evaluated against cost structure, margin potential, and market position to truly understand competitive advantage. 💡 Value creation vs. valuation: Regularly stress-testing your business model is crucial for sustainable growth and strategic refinement. 🤓 Navigating imposter syndrome: Even experienced leaders face self-doubt. The antidote? Developing unparalleled expertise in your industry and business. Our gratitude goes out to Stripe for their partnership, to our portfolio founders and CFOs for their participation, and to the seasoned finance leaders who gave us their mornings: our Head of Corporate Development, Ali Darwish, Rahmat Budiardjo from Kopi Kenangan, Justin C. from Circles, Leigh Gui, CFA from SHEIN, Dominic Ong from Endowus, Cho Weihao from Una Brands, and Sabrina Ng from CXA Group and Hummingbird Bioscience. If you're interested in contributing to future sessions in our MHV Breakfast Series, do drop us a message 📩

We're honored to be nominated for Startup of the Year 2023 in the Asean Startup Awards. With just days left until voting closes on July 8th, I invite you to watch our impact video and consider casting your vote for Dagangan. Our journey to empower rural communities has been remarkable, and your support would mean the world to our team. If you believe in our mission, please take a moment to vote at: bit.ly/gsa-dagangan Together, we can continue to drive positive change in rural areas across ASEAN. Thank you for being part of our story. Global Startup Awards

Join our portfolio company, iPiD, for an exclusive webinar on Verification of Payee (VoP) Strategies for Seamless Compliance tomorrow, July 2, 2024. Listen to experts Alain Raes, Founding Partner & CCO at iPiD, Jeroen Hölscher, VP and Global Cards & Payments Practice Lead at Capgemini, and José M (Chema) Buey, Director and Global Head of Client Account Services at Deutsche Bank as they discuss VoP regulations and their impact, effective strategies for liability management, and real-world solutions from industry leaders. Register here: https://lnkd.in/gQUycjGw

Last month, AppWorks hosted our Co-Founder and Managing Partner, Peng T. Ong, in Taiwan. It was a fantastic opportunity to engage with and learn from their incredible community of founders. Peng enjoyed sharing his insights and experiences on a range of topics with the AppWorks Mafia, from the advent of AI to strategies for Taiwanese startups to consider Southeast Asia. We look forward to the next gathering!