Rakuten Capital's Ahn Se-min Pessimistic on Southeast Asia Venture Capital Investment Outlook
GRAB Grab Holdings Limited
$3.35 -2.62%
View chart & analysis → - 1Ahn Se-min, Head of International Investment at Rakuten Capital, stated that he is quite pessimistic regarding the venture capital investment outlook in Southeast Asia.
- 2The $10.7 billion in venture capital that flowed into Southeast Asia in the first nine months of this year accounts for slightly more than 1% of the total $679 billion venture capital volume during the same period.
- 3Grab's stock price has fallen approximately 75% since its Nasdaq listing at the end of 2021.
So what's the key point?
A Rakuten Capital executive holds a negative view on the venture capital investment outlook for Southeast Asia. The funds flowing into Southeast Asia represent just over 1% of the total global amount.
Source Fortune · View original ↗
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