27 May '13, 5am

SeedAsia lets startups in China, Southeast Asia receive angel investments online

SeedAsia lets startups in China, Southeast Asia receive angel investments online May 27, 2013 by Terence LEE The notion that Asia is an attractive place to do a startup is nothing new. What’s changing is how much easier it has become to raise money or receive an investment. Take SeedAsia.co as an example. Started in Shanghai by Tom Russell and Yelena Sedykh , the online platform connects angel investors with startups and greases the wheels for an investment deal. The premise is that having a web entity to aggregate startups and investors would lead to greater efficiency in information sharing, administration, standardized documentation, and deal discovery. SeedAsia pulls individual investors together, allowing a minimal investment of USD 2,000. It charges a 5 percent fee to angels for its services, which also includes curating startups based on investability. Individuals w...

Full article: http://sgentrepreneurs.com/2013/05/27/seedasia-co-lets-st...

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