204: Ramesh V.Raghavan – Startup Investor and Advisor

204: Ramesh V.Raghavan – Startup Investor and Advisor

 

Podcast highlights:

  • [18:45] Cultural differences between South East Asian and Israeli startups; being outcome versus process driven, barriers in communication and having different approaches to problem solving
  • [27:25] The inherent challenge of the South East Asian corporate innovation space compared to more developed countries; South East Asian corporates want to protect their margins by 'milking the cash cow'
  • [33:34] Does the top down approach to start-ups and wealth creation in South East Asia build sustainable ecosystems, compared to SF or Israel?

Podcast notes:

  • [00:05] Welcome Ramesh Raghavan to ATP Stories with Graham D Brown
  • [00:50] A little bit of background about Ramesh starting out as an agricultural commodity trader
  • [05:17] How did Ramesh's engineering training fit in with his work in the commodity business
  • [08:40] The move from commodity trading to the financial service industry
  • [11:30] Going to Hong Kong in December 1997 and his career in Morgan Stanley
  • [14:23] Getting involved in the venture capital start up stage in Asia in 2012
  • [14:48] Ramesh's trip to Israel to understand the success of Israel and bring back lessons from Israel to Asia
  • [16:20] Hosting the first Israeli conference in Singapore with 15 AI, big data technology, analytics, e-commerce space companies from Israel
  • [18:45] Cultural differences between Asian and Israeli startups; being outcome versus process driven, barriers in communication and different approaches to problem solving
  • [23:10] South East Asia as an agglomoration of different Chinas, a 'Greater Bay' of different countries instead of different regions. A wide variety in demographic profiles is the biggest advantage of South East Asia with big opportunities for frugal innovations.
  • [27:25] The inherent challenge of the South East Asian corporate innovation space compared to more developed countries; South East Asian corporates want to protect their margins by 'milking the cash cow'
  • [31:07] Wealth creation in South East Asia is changing from real estate to new technologies brought in by the younger generation, the real estate kids
  • [33:34] Does the top down approach to start-ups and wealth creation in South East Asia build sustainable ecosystems, compared to SF or Israel?
  • [37:10] Talented Singaporean graduates should leave to other more risk friendly South East Asian countries where there are bigger problems to be solved
  • [40:26] Can entrepreneurship in Singapore be taught, when there isn't a 'hunger' to fix things?
  • [43:45] Parallels between long term travel and entrepreneurship, from being an outsider in an unfamiliar environment to having faith that things will work out in the end
  • [45:00] Three things in common between successful start up founders: an interest in reading fiction, an interest in multi player gaming and being an immigrant
  • [47:45] The mindset shift when becoming an entrepreneur and having to do it all yourself
  • [50:00] Find out more about Ramesh on LinkedIn