Startup Success Formula, featuring Co-founder of Match.com & MHV
Startup Success Formula, featuring Co-founder of Match.com & MHV
Startup Success Formula, featuring Co-founder of Match.com & MHV
AUG
AUG
31
31
Thursday, August 31, 2023
Thursday, August 31, 2023
4:00 pm
4:00 pm
to
to
6:00 pm SGT 🇸🇬
6:00 pm SGT 🇸🇬
Location is only visible to approved guests
Registration
Registration
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Location
Location is only visible to approved guests
Location is only visible to approved guests
Host
Monk's Hill Ventures & Learning Loop
About Event
About Event
*Founder-only event*
Event Overview
We're hosting Peng, an industry veteran with over 25 years of industry experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia, to share about a mental model that he and Monk's Hill Ventures have developed and held onto for the past 10 years:
"R+K>1 is startups' formula for success."
R is retention, K is the viral coefficient. 2 years ago, Peng wrote a blog post about this and argued R+K>1 is a far more reliable measure of growth than LTV/CAC.
The blog post and mental model are pretty underrated but recently resurfaced in our VC-backed founder community, triggering deep conversations about the implications of R+K>1 for building and operating a startup.
Peng will be joining this founder-only event to go deeper in the topic and answer your questions.
Agenda
4:00PM: Registration, snacks & networking
5:00PM: Welcome by Learning Loop & MHV
5:05PM: The discussion begins
5:35PM: Q&A
6:00PM: Closing, networking
Panel
Peng T. Ong
Peng is the Co-Founder and Managing Partner at Monk’s Hill Ventures, a leading early-stage tech venture capital firm in Southeast Asia. Peng is an industry veteran with over 25 years of industry experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia.
Prior to Monk’s Hill Ventures, he was a Venture Partner at GSR Ventures in China. The firm is known for its successful investments in companies like Didi Chuxing, Eleme, and Qunar. As an entrepreneur, he co-founded a series of successful companies including Match.com, Interwoven and Encentuate, whose products today combined generate over USD$1 billion in revenues annually.
Peng was awarded Singapore's Public Service Medal, P.B.M. (Pingat Bakti Masyarakat) in 2012. He formerly held statutory board directorships in: ACE, IIPL, SUTD, NRF, IE Singapore, IMDA. Peng is currently the Chairman of SolveEducation! and serves as a member of the International Advisory Board for the University of Texas at Austin.
He earned a B.S. in Electrical Engineering from the University of Texas and an M.S. in Computer Science from the University of Illinois. Peng was inducted to the University of Illinois Urbana-Champaign, Grainger College of Engineering's Alumni Hall of Fame in 2016.
Moderated by Sina Meraji, founder of Learning Loop
About the organisers
Monk's Hill Ventures
Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, MHV is a venture capital firm investing in early-stage tech companies, primarily Pre-Series A and Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region.
People at Monk's Hill Ventures are entrepreneurs backing entrepreneurs. This runs in their DNA. With the utmost respect for the founder, the firm is led by entrepreneurs and operators, CEOs, and CTOs of successful tech companies both in Asia and in Silicon Valley.
MHV's investment team is on the ground in Singapore, Indonesia, Vietnam, Thailand, and Malaysia, looking for great founders to back. Additionally, they have offices in Singapore, Jakarta, and Ho Chi Minh.
Learning Loop
Learning Loop is a peer-to-peer coaching software for startup founders, loved by founders in 8 countries, backed by investors of Reddit, Udemy, Stripe and all-star Southeast Asian founders and angel investors.
We host structured live weekly conversations between small sub-groups of founders, learn what’s top of mind for them in a privacy-respectful way, and use that information to host online and offline events that grow them.
Learning Loop is on a mission to help 100 million ambitious people fulfil their potential globally, starting with founders.
*Founder-only event*
Event Overview
We're hosting Peng, an industry veteran with over 25 years of industry experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia, to share about a mental model that he and Monk's Hill Ventures have developed and held onto for the past 10 years:
"R+K>1 is startups' formula for success."
R is retention, K is the viral coefficient. 2 years ago, Peng wrote a blog post about this and argued R+K>1 is a far more reliable measure of growth than LTV/CAC.
The blog post and mental model are pretty underrated but recently resurfaced in our VC-backed founder community, triggering deep conversations about the implications of R+K>1 for building and operating a startup.
Peng will be joining this founder-only event to go deeper in the topic and answer your questions.
Agenda
4:00PM: Registration, snacks & networking
5:00PM: Welcome by Learning Loop & MHV
5:05PM: The discussion begins
5:35PM: Q&A
6:00PM: Closing, networking
Panel
Peng T. Ong
Peng is the Co-Founder and Managing Partner at Monk’s Hill Ventures, a leading early-stage tech venture capital firm in Southeast Asia. Peng is an industry veteran with over 25 years of industry experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia.
Prior to Monk’s Hill Ventures, he was a Venture Partner at GSR Ventures in China. The firm is known for its successful investments in companies like Didi Chuxing, Eleme, and Qunar. As an entrepreneur, he co-founded a series of successful companies including Match.com, Interwoven and Encentuate, whose products today combined generate over USD$1 billion in revenues annually.
Peng was awarded Singapore's Public Service Medal, P.B.M. (Pingat Bakti Masyarakat) in 2012. He formerly held statutory board directorships in: ACE, IIPL, SUTD, NRF, IE Singapore, IMDA. Peng is currently the Chairman of SolveEducation! and serves as a member of the International Advisory Board for the University of Texas at Austin.
He earned a B.S. in Electrical Engineering from the University of Texas and an M.S. in Computer Science from the University of Illinois. Peng was inducted to the University of Illinois Urbana-Champaign, Grainger College of Engineering's Alumni Hall of Fame in 2016.
Moderated by Sina Meraji, founder of Learning Loop
About the organisers
Monk's Hill Ventures
Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, MHV is a venture capital firm investing in early-stage tech companies, primarily Pre-Series A and Series A, in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in the region.
People at Monk's Hill Ventures are entrepreneurs backing entrepreneurs. This runs in their DNA. With the utmost respect for the founder, the firm is led by entrepreneurs and operators, CEOs, and CTOs of successful tech companies both in Asia and in Silicon Valley.
MHV's investment team is on the ground in Singapore, Indonesia, Vietnam, Thailand, and Malaysia, looking for great founders to back. Additionally, they have offices in Singapore, Jakarta, and Ho Chi Minh.
Learning Loop
Learning Loop is a peer-to-peer coaching software for startup founders, loved by founders in 8 countries, backed by investors of Reddit, Udemy, Stripe and all-star Southeast Asian founders and angel investors.
We host structured live weekly conversations between small sub-groups of founders, learn what’s top of mind for them in a privacy-respectful way, and use that information to host online and offline events that grow them.
Learning Loop is on a mission to help 100 million ambitious people fulfil their potential globally, starting with founders.