How to hunt unicorn in SEA

Interesting to read the insight of an outsider.

https://kr-asia.com/how-to-hunt-unicorns-in-southeast-asia-explains-a-venture-capitalist

Two years ago, at some Chinese investor sharing conferences in Singapore, investors were generally disappointed with the speed of development of Southeast Asian projects, especially in comparison with the speed of domestic projects. This gap is particularly evident. After a discussion, the big men sighed sighed: Southeast Asian entrepreneurs are not wolf.

He who doesn’t delve into the history of a market is not a good investor