DealStreetAsia
Quest Ventures was asked to share its experience with first-time funds on DealStreetAsia.
“The COVID-19 outbreak, which continues to tighten its vice-like grip across the world, has altered the fundraising landscape for first-time managers often seen as more vulnerable compared to storied investors on the trail.
“Raising overseas capital is going to be tricky,” shared James Tan, founding partner of early-stage Southeast Asian venture firm Quest Ventures.
“It doesn’t matter how well-known we are out there, a face-to-face meeting will still be required. This isn’t just a meeting with one or two people. Our entire investment team needs to go there, say hi and shake their hands. All that is going to be impossible in this climate.””
