Blame liquidity when unicorns set up their venture-capital funds

When unicorns start setting up their own venture-capital (VC) funds, you know the tech world is getting frothy.

In June, Singapore-based ride-hailing app GrabTaxi Holdings launched Grab Ventures, shortly after its Indonesian rival Go-Jek Indonesia set up its own Go-Ventures. 

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on November 19, 2018, with the headline 'Blame liquidity when unicorns set up their venture-capital funds'. Print Edition | Subscribe