Low Confidence in Startup Results in Reduced Capital
Monday, May 12, 2025
Investment in startups plummets amid a crisis of investor trust. Governance guidelines are being introduced to restore confidence.
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AN initiative was launched by five venture capital associations in Southeast Asia at the end of 2024. They gathered to discuss the wave of fraud and financial misconduct that has affected startups in the past three years. The eFishery scandal that erupted last year became the loudest alarm, shaking not only investors but also the entire digital-based startup industry.
After several rounds of discussion, the leaders of the associations draft
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