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In focus
- How Southeast Asia can do corporate ventures better
- Cult.fit feels the pump of fresh Temasek investment ahead of IPO
- Could Chinese regulators put a spanner in the Manus-Meta deal?
Hello reader,
Take it from a writer like me – as well as the Roman philosopher Cicero – that more is lost by indecision than wrong decision.
The opening lines of this very newsletter are Exhibit A. I spent far too long agonizing over how to begin and wasted precious time in the workday. But when I eventually proceeded with an imperfect intro, the work moved forward.
While a little delay on a writeup is easy to fix, it’s less simple in the world of building corporate ventures, as today’s first Top Story dives into.
Guest writer Ziv Ragowsky explains why promising bets across Southeast Asia stall or shut down despite early traction, not because of weak demand but because internal approvals arrive too late. As the article explores, speed of action isn’t the only thing a corporate venture needs to succeed, but it sure helps.
One company no longer waiting for an important sign-off is Cult.fit. The Bengaluru-based fitness-tech company has raised a fresh US$50 million from existing investor Temasek, as our second story dives into.
Peter Cowan, engagement editor
Top Stories
1️⃣ The execution gap killing corporate ventures in Southeast Asia
Image credit: Timmy Loen
What happens when a corporation approaches innovation through the lens of consulting? Not a lot of innovation, at least according to today’s Insights writer.
He argues that learning through action beats slide decks, even if the latter do have their uses. The piece also includes four actionable tips that corporations can take to bridge the gap between consulting and true innovation.
2️⃣ Cult.fit flexes $50m Temasek raise as IPO workout begins
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