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We're excited for you to meet our Summer 2024 batch, comprised of 15 amazing companies! This batch, we’ve raised the bar even higher, with the acceptance rate dropping to 1.8% from 2.7% in Winter 2024.
How do you get to 100 *paying* customers? We asked three of our Iterative founders, and here were their answers.
Sia is the co-founder of Tranglo in 2008, a payment processing company that powers the last-mile cross-border payout for various banks and fintechs globally. In 2021, Ripple purchased a 40% stake in Tranglo for an undisclosed amount.
Before Iterative, Sylvia was the co-founder of Omnilytics, a retail insights platform. At Omnilytics, Sylvia led Customer Success, growing NRR to >100% and serving global clients like Uniqlo, Lenzing, and Lidl.
We're excited to welcome back Jessica Chao and Shawn Low, and welcome Chinmay Chauhan, Sylvia Yin, Tessa Wijaya and YC Ng!
Shawn Low was the co-founder and Head of Operations at Better.com, a homeownership platform integrating mortgage lending, real estate services and insurance. Better.com has raised over $905M and valued at over $6B.
We've asked some of our portfolio founders on their experiences doing office hours during their time in the batch - and what they've learned.
We think it's instructive to share our rejection reasons - and hopefully it'll help founders better communicate why they are great founders with good ideas.
Kum Hong is a business leader, GM and angel investor. He spent 10 years at Airbnb, starting as the APAC General Counsel before transitioning to run business and operations as the APAC Regional Director in 2017. Three years later, he was appointed as COO for Airbnb China.
Thomas Jeng is the General Manager of Aspire, a leading fintech startup based in Singapore. He was previously the Head of Sales there, leading the firm's expansion across Singapore and Southeast Asia.
Jessica Chao is a Visiting Partner at Iterative, where she leads healthcare investments. She's also a Venture Partner at SVLC, a Latin America focused venture fund, as well as a Biotech Advisor to Berkeley SkyDeck, UC Berkeley’s official startup accelerator.
This is part 3 of a 3 part series on how to build a recruiting machine. This last part will wrap up the series with how to think through compensation and negotiations to close candidates as well as onboard them effectively.
As the government pours more money into deep tech startups, it'll be more challenging for deep tech startups to rise above the rest. In this article we'll provide 4 essential tips to make any deep tech startup pitch more attractive to investors.
This is part 2 of a 3 part series on how to build a recruiting machine. It covers the motivations for why it's important to get really good at hiring plus writing your first job description, this part will address specific tactics on sourcing and interview loops, and part 3 will dig into how to close your candidates.
This is part 1 of a 3 part series on how to build a recruiting machine. This first part will dig into the motivations for why it's important to get really good at hiring plus writing your first job description, part 2 will address specific tactics on sourcing and interview loops, and part 3 will dig in how to close your candidates.
Today it’s easier than ever to get creative and build a functional experiment with a shoestring budget. Remember, you should consider your MVP to be an experiment, not a product (I know the naming is confusing). Think of it as a throwaway thing that will end up in the trash later, not the first version of your actual product.
Working with outsourced engineers can either be a cost-effective, time-saving solution or a nightmare of communications and an expensive source of bugs/technical debt. To increase the probability of having a successful engagement, I've compiled a three step guide below.
By far, the biggest takeaway for me is: Founders are ready for primetime. A prime time founder is someone who's ready to take venture capital, grow at ungodly speeds, has the knowledge and capacity to control the organized chaos of a a startup company, and are ambitious and thinking big.
Southeast Asia is growing incredibly fast. After founding, helping, and just generally being around startups for the past 15 years of my life, I now know that growth rates are the signals you should follow. High growth rates lead to large TAMs very quickly. But why is this region growing so fast?
Founders in the Bay Area have all spent the past couple weeks putting together contingency plans for their tech startups. We want to help export some of that knowledge to SE Asia companies to make sure you're thinking about the same things for your company.
Founders of Decide.com (acquired by eBay) are starting a YC-style accelerator in Southeast Asia and investing USD $150K into every startup that's accepted.
Partner at AC Ventures, oversees the SE Asia Mobility Fund. Was the co-founder of Rukita, where he scaled the company to its first $3M revenue. He's also the Visiting Parter for Iterative's W23 batch.
Chinmay Chauhan is the co-founder of BukuWarung (YC S20). He raised $80M in funding and grew the organisation to 400 people. He's also a Visiting Partner for Iterative's W23 batch.
Tessa Wijaya is the Co-Founder and COO of Xendit, a leading payment gateway in Indonesia, the Philippines, and Southeast Asia. Xendit became a unicorn in 2021, making Tessa the only female unicorn founder in Indonesia.
We’re inviting former founders to work with and advise Iterative companies during Summer 2022. Visiting partners will host their own office hours, work with companies in group office hours and help companies prepare for Demo Day.
We are increasing the size of our investments from US $150,000 for 10% to be between US $150,000 and US $500,000 for roughly 10%.
We’re excited to be accepting applications for Summer 2022. Summer 2022 will be our 5th batch and starts on 4 July
After 3 batches, Iterative companies have raised $130M after our program and are now collectively worth over $720M. Our latest batch (Iterative Winter 2022) has large shoes to fill but we think this might be the strongest batch yet.
As Bitcoin enters its tweens as a 12-year old technology, the industry has seen exciting development—from Bitcoin being adopted as legal tender in a country, to DAOs making a dent in investment and art spaces. While it is early days yet, here are some ideas we have for the technology that we would like to see more of
$10M from Village Global, Cendana, Andrew Chen and more, to invest exclusively in early-stage startups in Southeast Asia.
We are excited to kick off our first virtual Country Tour. We'll be hosting talks with Iterative founders and partners who've built successful companies in their country.
After one full-year of running the accelerator and completing two successful batches, we're excited to announce Iterative's 3rd batch of companies for Summer 2021.
For a startup to be successful, it needs to be solving an important problem.
What do we look for when deciding to invest in startups?
The most important thing for a startup, and by extension the engineers at the startup, is iteration speed.
Here are the 3 questions I ask myself when trying to answer this question and what to do about it.
Fundraising is slow right now. My hunch is fundraising both will pick up in the second half of this year. Here's why.
Interestingly enough, 'product market fit' is a term often used by founders starting out but almost never by more experienced founders. Why?
A year ago, I wrote our first Request for Startups - and I'm revisiting the themes again to see what I got right or wrong.
A common question we get is: “Which is more important in fundraising: a strong story or strong traction?” But what is a strong story and strong traction — and why are they important?