They've got very first-hand practical experience making businesses and can offer beneficial insights, mentorship and operational help to startups,” included Niyazov, who manufactured his fortune while in the 2000s like a broker about the Kazakhstan stock exchange.
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The Southeast Asian tech startup ecosystem has produced remarkable progress recently, witnessing a surge in organizations attaining the coveted unicorn status. In spite of the inherent worries, the prospective for these startups to flourish and join the unicorn ranks remains considerable.
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“In Central Asia, the institutional investment landscape is a lot less created than in Sophisticated startup ecosystems. This is due to minimal venture money firms, underdeveloped money markets, regulatory problems and various things.”
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“A startup that stays from the country is unlikely to produce a 1,000x return,” reported Asror Arabjanov, a Stanford law grad corporate attorney from Uzbekistan.
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Sign up for us on this fascinating exploration of Southeast Asian tech startups’ journey to unicorn standing, as we delve into your driving forces at the rear of their accomplishment as well as formidable challenges that stand inside their way.
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