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‘Champions League’ mindset drives more SEA founders to US
With funding in South-east Asia declining for three straight years, it’s no surprise that more founders in the region are chasing other markets
Published Tue, Aug 5, 2025 · 01:35 PM
FELIX Lee still keeps his diary from the one-month solo trip he took to San Francisco in 2018.
Then 19 and fresh out of pre-university, the Singaporean entrepreneur had just sold his trip-planning startup, Packdat, to an Indonesian-listed SIM card provider.
Meeting at least three new people each day on that trip, Lee jotted down everything he saw, heard, and learned. His goal? To answer one question: Why do amazing ideas seem to be born only in Silicon Valley?
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