Ardent Capital Director and Venture Partner Tee Suraphongchai is one of the rising VCs in the Asia region right now. Her expertise in the finance and retail industry has helped her navigate a region that has been seeing a lot of growth in the ecommerce sector. Startup Insider got to chat with Tee during the Echelon Asia Summit.
Since the recession, and at least partially sparked by it, I'm seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. I believe the days of the "job work" mentality are thankfully waning, with more people looking to get satisfaction by making the world a better place, rather than just tolerating brain-numbing work to fund enjoyment elsewhere.
Nirav Tolia, the CEO of neighborhood social networking site Nextdoor, has always been passionate about community. In fact, he said he has always sought it offline and online, believing that that it is always more powerful to be part of a group: "We can all achieve greater things as part of a collective," he said.
Venture capitalism has a disproportionate impact on the economy. It helps to ensure that technological innovation enriches the few and sustains jobless economic growth. Industrial policy in the hands of the government ideally creates wealth and spreads it around. Venture capitalists pick a handful of winners as part of a process of concentrating wealth in fewer and fewer hands.