- Post 07 January 2017
2016 ended, and it came with some unexpected surprises.? Everyone has been asking, “What will happen in 2017?
1. Southeast Asia will become a bigger internet market than America
In 2017, fundraising is going to get harder for most companies. Recent news items talking about a tough VC climate, flat rounds, and a challenging fundraising environment are correct. The money is out there, but investors and VCs are going to be a lot more demanding on the caliber of companies worthy of further funding. Simply closing funding based on increases in revenue when your unit economics remain negative isn’t going to cut it. If you don’t know your CAC intimately (or even what it is), you have no chance of raising further funding (whereas 12 months ago you could, because even then, most VCs didn’t know what it was either!).
3. At least three companies will raise 9-figure rounds ($100 million+)
This is an excerpt from Tech in Asia. You can read the full article here