silicon straits group (public)_english
TRANSCRIPT
10 January 2017
Southeast Asia’s leading Early-stage Investments & Venture Builder platform
investing in the convergence of design, hardware & software; operating at the intersection of ideas, talent & capital
James Chan, Founder & Executive Chairman
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Silicon Straits GroupActivities include early-stage tech-focused investments, fund management,incubation, venture building and consulting
Silicon Straits (SS)Investment holdings & group operations, as wellas tech strategy, financing and go-to-market.
Silicon Straits Foundry (SSF)51% subsidiary, revenue/profit centre, has team of 80+ in Ho Chi Minh City for design, engineering
SmoothOps (SO)30% affiliate that provides the group with admin,finance and ops support while also serving other clients across industries
Silicon Straits Group / overview• Founded in Nov 2012, the Silicon Straits tribe is Southeast Asia focused with
operations in Singapore, Vietnam and Indonesia. Its 4 key business activities include (1) early-stage investments (SEA, India, USA), (2) incubation, (3) venture building(joint venture, internal) & (4) product development and go-to-market partnerships.
• Prior to Silicon Straits, founder & Executive Chairman James Chan took agovernment overseas scholarship in ‘02 to study in USA, returned in ‘06 and servedin roles in technology policy and industry development, before breaking his bondand joining his partner Joichi Ito to cofound Neoteny Labs, which raised andmanaged a US$5M seed fund that actively invested between years of ‘10 to ‘12.
• The tribe has 2 mantras; “operating at the intersection of ideas, talent and capital”,and “investing in the convergence of design, hardware & software”.
• Silicon Straits Pte Ltd raised S$512,500 in Apr ’13 from angels and started offices inSingapore and Ho Chi Minh; today, the tribe counts over 90+ people with operationsacross Singapore, Ho Chi Minh and Jakarta with investments in SEA, USA and India.
Kent Nguyen, CTO (Vietnam)VN tech & special projects, co-founder of SiliconStraits Foundry
Andy Bui, COO (Vietnam)VN operations, sales, marketing &business development, co-founder ofSilicon Straits Foundry.
Jonas Eichhorst, CEOSales, marketing and business development, groupoperations, venture builder, special projects.
陈亮宏 (James Chan), Founder & Executive ChairmanGroup management, SEA business development, strategy,financing, go-to-market, venture builder, investments.
Sandra Toh, VP (Finance)Group finance operations, co-founder of SmoothOps
+ angel investors
JoichiIto
TeruhideSato
Kia Hong Lim
IvanLee
Dileep Nath
Silicon Straits Group / management team
NEOTENY LABS / track record Raised US$5M in May ’102% fee, 30% carry
JamesChan
Joichi Ito
$1,937,971
$3,724,419
$4,147,384
$301,166
$740,309
$1,050,000
$0.00
$500,000.00
$1,000,000.00
$1,500,000.00
$2,000,000.00
$2,500,000.00
$3,000,000.00
$3,500,000.00
$4,000,000.00
$4,500,000.00
FY2015 FY2016E (Jan forecast) FY2016E (Jun forecast)
AM
OU
INT
(SG
D)
REVENUE V.S. NET PROFIT
Revenues Net Profit
16%
20%25%
• Silicon Straits Foundry (SSF), a subsidiary of Silicon Straits, serves as the primary tech arm for the group.
• SSF was founded by James Chan, Kent Nguyen and Andy Bui in Jun ’13, with initial revenue and business model being software development and consulting. SSF owns 100% of its Vietnam subsidiary, Silicon Straits Sai Gon, Ltd. (SSS), with operations in Ho Chi Minh City.
• SSF underwent rapid growth between ‘15 and ‘16; more than doubling in revenue as we shift models towards strategic projects & venture building.
SILICON STRAITS FOUNDRY / 财务业绩
E-commerce store for design-inspired products for everyday living (SG) Seed→Series A
F&B O2O on mobile/ web (SG/KL); Seed→Bridge→A
Mobile e-book store (ID) Seed
Auto Dealership B2B SaaS (SG)Seed→Acquired
E-groceries for local & cross-border e-commerce (HK)Seed→Series A
US$10M angel fund syndicate for US early-stage investments led by Joichi ItoLimited Partner
SILICON STRAITS / post-Neoteny investmentsInvestments Summary Investments Summary
Warehouse robotics for e-commerce & logistics (IN/SEA/JP/CN) Market entry
Mobile C2C marketplace for used cars workshops & accessories with warranty and financing (SG/ID) Seed→Series A
B2B BaaS platform to last-mile operatorsto enable triple-play (IN) to consumers;Seed
B2C mobile-first insurance for SEA (SG/IN);Seed
B2B bio-inspired big data, dataaugmentation with vertical focus (USA); Seed
B2B parking automation and IoT forreal estate industry (SG/ID); Seed
Mapping the world around consumers tosolve local news and information discovery(USA); Series A
Product Design & Dev. / case study (consulting)
End-to-end architecture, development & maintenance; consulting for SGX-listed client; white-labeled by SingPostto 8 other postal office clients around the world.
Product and interface design anddevelopment; consulting for SGX-listed ‘triple-play’ telecom operator’s new in-house OTT product.
Consulting / case study: IDX:BIRD
End-to-end design, architecture, development; consulting for IDX-listed taxi operator incumbent of Indonesia, to ”Uberize” its business.
Venture Builder / case study: 7-Eleven Vietnam
End-to-end design, architecture, development; consulting + majority equity ownership of next-gen retail ERP (HQ/store) platform for deployment in 7-Eleven Vietnam & Indonesia.
kiosk OOH advertising E-lockers
Venture Builder / case study: AdsBox (adsbox.io)
Inspired by FocusMedia & Screenly, built for emerging markets.Deployed in >100 screens in Jakarta with 7-Eleven, and signed deal for 1000 screens in Vietnam.
Venture Builder / case study: TankFind (tankfind.com)
The “AirBnB” of liquid bulk storageindustry - we match cargo owners withstorage terminals over an integratedweb platform and iOS/Android apps.
Venture Builder / case study: ParcelPerform (parcelperform.com)
Improvingcustomer
loyalty
Empoweringe-commercemerchants
B2C B2B