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As startups go through their different stages of growth, founders are invariably posed with the question of how to not only retain but also develop their most prized talents.
Financial incentives such as employee stock ownership plans, increased salaries, and better perks are one way of achieving this. However, it may not be the most sustainable strategy, given most startups are strapped for cash.
Others may instead focus on strategies that don’t burn their pockets. One example is a program focused on putting “workers in the center” by prioritizing personalized learning, leadership experiences, and growth, which is being touted as a way to keep hold of talented employees.
It appears that Sea Group has led the way on this front.
For our premium story pick today, Tech in Asia spoke with several Sea Group alumni who waxed lyrical about its workplace culture. For instance, the word “hungry” comes up more than once to describe Sea employees’ desire to solve problems.
Entrepreneur Keren Wang spoke glowingly about her holistic experience at Shopee, Sea’s ecommerce platform, while ShakeDeal co-founder Akash Hegde shared that he had a front-row seat to how a company could be scaled up, having worked at Shopee in its early days.
Today we look at:
- Sea Group’s nascent, but booming alumni network
- The series A round of an Indian textile supply chain firm
- Other newsy highlights such as Nio eyeing HK, SG secondary listings, and MAS placing Capital Match on an investor alert list
Also, if you’re an entrepreneur looking for funding, fill out this form to get your company featured on our list of fundraising startups.
Premium summary
Building on Sea’s success
Image credit: Timmy Loen
Sea’s steady growth provides a handy reminder to its alumni network that they’re well-equipped to scale and build successful businesses. Perhaps that partly explains why it’s been a busy time for some of Sea Group’s alumni, who have launched new startups despite the Covid-19 pandemic.
Sewing India’s fragmented textile market 🧶
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