Is South-east Asia’s startup ecosystem stalling or simply maturing?
The region is not facing an exit drought. Here’s what is really happening
“WHY are there so few exits in South-east Asia?”
This is a fair and increasingly common question from limited partners in venture capital (VC).
With disappointing initial public offerings (IPOs), struggling unicorns and a funding slowdown since 2022, it is natural to ponder whether the rewards for investing in South-east Asia still justify the risk.