How Grab can outwit the incumbents

Singapore

VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.

"Why do you want to get money from us? We are the dumbest," the CEO of Temasek-backed Vertex Holdings recounted one response to startups that come a-knocking. "We can't even speak proper English. You should approach those who can speak Queen's English."