Getting Sirius With Singapore SMEs
May 16, 2008 – 10:08 amIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
According to the Straits Times, Sirius Venture Consulting has announced a SGD$30 million venture capital fund targeted at helping Singapore-based SMEs to grow and expand. It aims to invest in some ten to 12 companies by pumping SGD$2-3 million into each one in return for a 20-30 percent equity stake.
3 Responses to “Getting Sirius With Singapore SMEs”
Eugene is doing a good thing. Hope its slightly earlier stage, rather than late stage pre IPO, 50% discount to IPO with virtually no value add except cashing out the promoters.
By Jeffrey Paine on Jun 11, 2008
Hi Jeff,
Maybe you can give us more inside news of the VC scene in Singapore? Lol.
By Daniel on Jun 11, 2008
Sure. What do you want to know?
Bottom line is early stage VCs are less than 5, they tend to invest in really high tech, large markets companies. Although there are quite a few in Spore, not all of them understand high tech nor can help you in strategy, hiring or securing the following round.
Ask me anything, shoot… ; )
By Jeffrey Paine on Jun 19, 2008