"Let's Take Our Chips Off The Table"—Riding the Venture Downcycle: Investing in Southeast Asia with Dmitry Levit, Cento Ventures (Part 2)

TIMESTAMPS

00:00 - Intro

02:50 - What Dmitry is excited by in 2023: the future of digital

04:50 - How founders are building in 2023

06:11 - Trade exits getting dicey?

08:49 - The disappointment of Grab?

11:29 - Rocket Internet "burned the region for many investors for the next 10 years"?

16:47 - The future of the food delivery space

18:06 - How has Ukraine-Russia played out in Southeast Asia?

25:46 - What next for Dmitry after more than a decade with Cento?

27:17 - Billion Dollar Questions

Really power-packed, you need to be taking notes for these two episodes if you want to understand SEA; you don’t want to miss it.

I'm actually probably one of the most loyal followers of the theory of the 'Time Machine'. Having said that, the great irony and the great miracle of this is that Masoyoshi Son and his investment style effectively broke the very model he pioneered. If you give an idea that shouldn't work a few billion dollars, it actually starts to work. And vice versa." — Dmitry Levit, Cento Ventures

ABOUT DMITRY LEVIT

Dmitry Levit | Cento Ventures Dmitry is the Founder of Cento Ventures. He is responsible for overseeing all investment and fund activities in Southeast Asia. Dmitry formerly served as an advisor to several investment groups and corporations pursuing technology and media opportunities across developing Asia, with Media Development Authority of Singapore, Singtel, ru-Net, IDG Ventures Vietnam, SUP Media, Livejournal.com, Chinese Founders Fund, VIVA Media and Nusantara Ventures among his clients.

In 2008-2009, Dmitry was part of the investment team at IDG Ventures, where he provided extensive operational support to portfolio companies in Vietnam and was in charge of sourcing and assessment of investment opportunities in Indonesia and Singapore.

Prior to that, Dmitry spent several years in business development roles with Yahoo! Southeast Asia, negotiating a series of content, distribution, monetization and technology deals for Yahoo! in Singapore, Vietnam, Indonesia, Thailand and the Philippines. Dmitry also acted as a business strategist for the regional Managing Director, working on vertical strategies for e-commerce, gaming, travel, finance, telecom and other sectors.