Silicon Valley Talent Vortex, Southeast Asia Time Machine & Sea Turtle Migration with Adriel Yong - E493
Description
Jeremy Au and Adriel Yong discussed whether Southeast Asian founders should move to Silicon Valley, and why "sea turtle" professionals are returning from America (and China) to Singapore, Indonesia and Vietnam. San Francisco and New York are global tech talent vortexes, where non-American founders are attracted to their deep VC funding pools and a multi-generational legacy of founder support since the 1950s, e.g. the "father of VC" Georges Doriot of America Research & Development Corporation (ARDC). America's large ecosystem also holds transformative appeal for deep tech and frontier tech founders, as well as higher pricing power for both SaaS and consumer brands. In contrast, Singapore has the same GDP per capita (US$88K) as America, with a better quality of life for families looking for healthcare, public safety, education and housing. Southeast Asian diaspora returning to their home countries should be realistic about Asia's higher number of working hours compared to America and EU, fragmented markets, regulatory challenges and less mature economies. Savvy international founders have a "time machine" mindset: visualizing the country's future in 10-20 years, seeing the industry as it actually is and then building the companies that make sense for this decade and geography.
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