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Hello reader,
I have a weird relationship with statistics. On one hand, as a “purist” creative, it occurs more naturally to me to go with the flow rather than write what the data says catches the most eyeballs.
(Note: I’ve long since recognized the value of data in content creation and – rest assured – always look to give the people what they want and/or need.)
On the other hand, I’m more than happy to delve into basketball and European football stats, whether from real-life matches or from fantasy games like Football Manager and Basketball GM.
People talk about being left-brained or right-brained – I don’t know what I am. Maybe just harebrained.
Anyway, today’s premium article is stat-heavy. It takes a look at how fundraising in Southeast Asia plays out, including specifics such as how time spent at a funding stage can inform startup failure rates and the median number of months between funding stages. Read on to find out more.
Today we look at:
- How timing can play a role in fundraising – and startup – success and failure
- The US$11 million series A round of a Bangalore-based fintech firm
- Other newsy highlights such as GoTo’s encouraging financials and edtech acquisition news from India
Premium summary
The importance of timing and momentum
Image credit: Timmy Loen
As part of my personal growth over the past couple years, one thing I’ve internalized is to only worry about and work on the stuff that I can control. Anything not within my sphere of influence shouldn’t take up too much space in my head because what’s the point?
However, there’s no denying that external factors do influence one’s success or lack thereof. Imagine graduating from university into this economy – you’re obviously going to have a rougher time than those who entered the job market a few years ago.
Timing and momentum are forces that we only have a certain measure of control over. Within that, we should do what we can and not worry too much about what we can’t.
Funding to enable more spending
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