‘Entrepreneurs Should Chase Big Markets'
Entrepreneur magazine|Autumn 2019
The right business model intertwined with right execution is what determines if a start-up is going big or sailing back home. It is pivotal to grow a company, earn revenues, raise funds, expand into geographies, run operations — and most countries are already moving in this direction.
Dipen Pradhan
‘Entrepreneurs Should Chase Big Markets'

In Southeast Asia, where more than half of the region’s GDP is driven by services verticals, there still exists a gap where technology can play a significant role to increase its efficiencies. To elaborate on such prospects, our conversation with Peng Tsin Ong, Co-founder & Managing Partner, Monk’s Hill Ventures, was influenced by what he likes to call ‘technification of services protocols’. Ong is a serial entrepreneur who has formerly co-founded companies such as SaaS-driven content management firm, Interwoven that went public on NASDAQ. Along with co-founder Kuo Yi Lim, Ong launched Monk’s Hill Ventures in 2014. The Singapore-based VC firm has invested in more than 20 tech-driven start-ups spanning across Southeast Asia. Here are edited excerpts from our interaction.

Where are investments happening in Southeast Asia?

This story is from the Autumn 2019 edition of Entrepreneur magazine.

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