By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Wish for Prolonged Tech Winter, Says Veteran Investor
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
VC

Wish for Prolonged Tech Winter, Says Veteran Investor

Osama Khalid
Last updated: February 12, 2024 1:45 pm
Osama Khalid
Share
2 Min Read
SHARE
  • Veteran investor sees startup upside in venture winter.
  • Funding drought instills focus on long-term, customer-centric growth.
  • Shift from vanity metrics builds sustainable companies.

 

Contents
The Shift to Long-term GrowthResilience and Sustainability

While the current venture capital winter has brought funding challenges, veteran investor Shailendra Singh views it as an opportunity for startups to develop healthy habits and focus.

Speaking at the recent Tech in Asia Conference, the Peak XV Partners managing director said he wished the dry spell would last longer to transform startup culture. “It’s a great time in nine other ways,” Singh remarked.

The Shift to Long-term Growth

Specifically, he highlighted how the climate forces companies to abandon the short-term “vanity” metric chase in favor of substantive, enduring growth. Singh advocated for startups to embrace a “1% mindset” – building businesses that can thrive for decades by making decisions that send ripples through industries.

 

He said this mindset manifests in heightened customer centricity and mission orientation, citing Tokopedia’s member trust and Grab and GoTo’s consumer loyalty as examples.

Singh revealed Tokopedia’s member commitment first drew Peak XV’s interest in 2014.

Resilience and Sustainability

Overall, Singh believes the venture winter pushes startups to “get creative” and trim excess to deliver core value amid scarce capital. The result, he said, is resilient companies like Grab and GoTo achieving profitability through customer focus despite economic turbulence.

 

In Singh’s view, the current climate separates sustainable startups from flash-in-the-pan unicorns. He feels the funding drought can improve startup culture by instilling healthy habits.

 

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article Spotify Testing AI-Generated Playlists Based on Text Prompts
Next Article Location-Based Social App Jagat Hits 10 Million Users

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Culture

Scott Van den Berg Revealed 10 Fastest Growing Brands in 2023

February 12, 2024
Strategy

Working for Weeks without Feedback Is Stupid

May 27, 2024
StartupsStrategy

Straight Talk from a Serial Founder, Greg Isenberg’s No-Nonsense Advice for Startups

March 18, 2024
VC

From Silicon Valley VC to Trump’s VP Pick

July 18, 2024
VC

Indonesian Game Dev Agate Levels Up with $10M Funding Quest

August 22, 2024
Fintech

Chocolate Finance Stirs Up Singapore’s Cash Management Scene

August 19, 2024
e-CommerceStartups

Indian Video Commerce Startup Swirl Bags $1.1M to Scale AI Offerings

February 12, 2024
Strategy

It’s Typically Best Long-Term If You ‘Own the Ecosystem”

December 5, 2024
Social Media

Potential Buyers Emerge as TikTok Faces US Ban

March 20, 2024
CreatorsStrategy

Anthony Vicino’s Chess Master’s Guide to Building an 8-Figure Company

April 15, 2024
Fintech

Tonik Digital Bank Seeks Profitability, Lays Off Employees

March 6, 2024
Proptech

WeWork Exits Prime Singapore Locations Amid Market Shift

November 24, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?