Digital News Asia
Quest Ventures managing partner James Tan, in his capacity as Chairman of the Business Angel Network of Southeast Asia (BANSEA) – Asia’s oldest angel network – was on the panel at the ASEAN Angel Summit held in Kuala Lumpur, Malaysia.
“Angel leaders from eight of the 10 ASEAN nations shared the state of angel investing in their countries. Bansea chairman James Tan sees that there is a lot of opportunity in Southeast Asia and angel investment is actually getting more sophisticated these days. Many are viewing Singapore as a viable launchpad into the region. He did, however, point out that entrepreneurs often fail as they don’t raise enough funds in time. “Some don’t understand finance and are unable to handle their own finances,” he pointed out.”