Asia Startup Pulse
In this episode, we talk about all the business fundamentals of building a marketplace: from the advantages and challenges of building a marketplace to how to manage or control it, to the importance of timing in expanding to multiple markets. As someone who has built a successful e-commerce marketplace himself and invested in several more, James also shares the most innovative marketplace models in the market and how he believes the business model can be innovated. For early-stage VCs, the due diligence process tends to be more focused on the founders than businesses, he said, and added that he would focus on signs of grit, fund-raising charisma and the individual’s networks as part of his assessment.
