Tiago Alves brings close to a decade of experience of fund-raising, go-to-market strategy development and product innovation to advance the firm’s FirstIN strategy to build the region’s next unicorn
SINGAPORE, May 3, 2022 /PRNewswire/ — Golden Gate Ventures, a venture capital fund in Southeast Asia founded by Silicon Valley natives, today announces its first Entrepreneur in Residence, Tiago Costa Alves, as the firm deepens its portfolio growth strategy for what is calls the ‘1.5 – 2nd generation’ of founders emerging in Southeast Asia.
As the Southeast Asia startup ecosystem enters a new decade, attracting more sources of capital as it gains global recognition for its status as an innovation hub, there will also be a sharp rise in startups vying for the attention of investors and partners in the next decade. While the attention was focused very much on funding support in the last decade, the next decade will be about VCs providing more holistic support to the ‘1.5 – 2nd generation founders’. Golden Gate Ventures’ appointment of its first Entrepreneur in Residence is aimed precisely at providing a deeper level of support for this new breed of founders.
A part of the firm’s portfolio services platform strategy, which it bolstered with the announcement of Partner Angela Toy last year, the Entrepreneur in Residence role has been structured to help entrepreneurs win in a new environment that has both increased opportunities but also greater pressures and threats.
“The Southeast Asia startup ecosystem has come into its own in the last decade. But with that maturity comes different expectations: first, for founders to lead innovation and create new business models; second, for founders to build startups that will grow into the next generation of multi-nationals; third and most importantly, the world is looking to SEA to create a global game-changer. This requires a different level of support altogether. We have redesigned our portfolio growth strategy grounded…
