East Ventures tally: In 26 investments, 2 got acquired, 10 received follow-on funding, 6 died
January 4, 2013 by Terence LEE
It’s been three years since East Ventures, an early stage fund based in Jakarta, Singapore, and Tokyo, launched. To mark the milestone, the firm released an infographic detailing its performance so far. It has invested in 8 or 9 startups annually in each of the three years. A small number of these startups are based in Singapore, with the rest coming from Indonesia. Majority of its investments are in the e-commerce space, followed by online publishing.
Willson Cuaca, co-founder and managing partner at East Ventures, tells me that the firm has invested between USD 50K and USD 500K in each startup. Its accelerator program, East Ventures Alpha, has invested about USD 10K per startup.
He is unable to disclose the firm’s returns for the exits of its portfolio companies.
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Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE