Don’t think too much about investment or valuation. Focus on the product.
“Traction + team is more important than vision/dream,” says Henry Chan, the co-founder and CEO at ShopBack.
We visualize just how stunning Oyo’s valuation rise is.
The numbers for March may not pick up, either.
The sheer growth potential of Grab and Gojek has catapulted the companies to dizzying valuations of US$14 billion and US$9.5 billion, respectively.
The move didn’t inspire confidence from investors.
The company landed US$18 million in funding through the deck.
The deck – made up of 14 slides – helped the company raise US$9 million.
The pitch deck helped Airbnb raise $600K from one of their major early investors Sequoia Capital.
Grab topping the list isn’t surprising. What’s more surprising is how far ahead it is.
Despite the economy being in the doldrums, there are still plenty of buyers hunting for a good deal, especially at the late stages.
Here’s a visualization of the short-video platform’s rise to app superstardom.
The company has gone on to net a total of US$180.3 million.
The deck helped the company raise US$600,000 – a modest amount compared to its US$125 million series D fundraise with Google Ventures in 2018.
Many of Singapore’s consumers expect Covid-19 to die down in a month. But its economic impact might be felt for the rest of the year, at the very least.