Event: "Is Thailand digital-ready?"
Host: True digital_park
Speaker: Ben King, Country Director, Google Thailand
Speaker: Thanasorn Jaidee, President at True Digital Park
Venue: Stone & Star (BTS Chitlom)
Date: Thursday, February 1, 2018
Number of people attending: about 75 people
How I learned about the event
Facebook plays very big role in promoting events, meet ups, and activities in the Bangkok, startup ecosystem. When you're friends with people in different industries you can see what events they are attending, or interested in attending, and based on your interests (mine startup events) Facebook algorithm will recommend events (I get a lot of recommendations to attend RISE Conference in Hong or apply for the Betatron Accelerator in Hong Kong). So I saw one of my Facebook friends were attending this event, and I checked out the Facebook page, and the link to learn more, and thought, this looks like an interesting event to attend!
About True Digital Park
True Digital Park is an open lab experience centre with the vision to be a global startup hub. The official opening of the campus will be later this year (October 2018 I was told), and is located near BTS Punnawithi, and will have condos, retails spaces, an urban garden (30% greenery), co-working spaces, office spaces, and so much more (read on the website HERE). This is quite impressive, actually this is very impressive. Finally Bangkok will have a central place for it's startup ecosystem and entrepreneurs like myself (who very much enjoy socialising) don't have to play "hopscotch" all over the city to attend events and meet people :)
People at the event
Before the presentation began I had a small chat with Ben King, who by the way has great hair (which I complimented him on), he asked me where I was from, and for those that don't know, I'm from Massachusetts, he said he was a big Patriots fan and loves Tom Brady! (This was a surprise because American football is not really popular outside the US, and he's from Australia), anyways really nice guy, and he suggested I apply for Google Launchpad accelerator program. Other interesting people at the event was power couple, Paul Ark and Nichapat Ark, who I met last year at Startup Grind Bangkok, and from then on see each other at many startup events :) Also I saw new faces and met other interesting people in the Bagnkok startup community, SME, private equity, and corporate world.
Key Take Aways of the presentation
So it was a 45 minute presentation and I just jotted down some interesting notes :)
Users Opportunities in SE Asia
2015: 260 million people online
2020: 480 million people online
(Increase 37 million users/month)
2015: 38 million users
2020: 59 million users
(85% of the Thai population)
SE Asia Internet economy value
2025: $200 billion
Online: $20 billion
Travel: $60 billion
Ecommerce: $88 billion
Ride hailing: 13 billion
Thailand internet economy
2020: $37 billion (1.3 trillion THB)
GDP comes down to affordability, about 90% of people have 3G/4G data
Funding for SE Asia: $13 billion since 2015
Big investors include: JD.com, Alibaba, and Tencent
$40-$50 billion required (2015-2025) to build a $200 billion SEA internet economy
I won't bore you with more numbers, but it was a very insightful presentation about the internet economy of SE Asia and Thailand. I look forward to the next True Digital Park presentation :)
As always, thanks for reading!
Event: A Conversation Pariwat Wongsamran
Organizer: Startup Grind Bangkok
Venue: Learn Hub (BTS Siam)
Speaker:Pariwat Wongsamran, Project Manager,
National Innovation Agency (NIA)
Moderator: Chawisa (Wendy) Chen,
Thailand Startup Association
Date: Tuesday, February 6, 2018
How I learned about this event
I go to many networking events, not only because I'm a sociable person, but because I like to write and share my experience and knowledge of the BKK startup ecosystem. If you read my last post about Startup Grind Bangkok with aCommerce founder Paul Sivorakul you may know that I'm already familiar with Startup Grind from my time living in Israel, and since attending that first Bangkok Startup Grind event in December, I would be back for the next talk. What I didn't anticipate from this talk was the venue of choice, Learn Hub, a co-working space that I was immediately impressed with, and convenient location (right near BTS Siam), cozy atmosphere, built-in cafe, spacious rooms, and friendly staff.
People at the event
Power couple Pau Ark and Nichapat Ark, the Chapter Director and organiser of Startup Grind Bangkok were there to greet attendees, encourage all to socialise and connect, and gave a warm introduction of the moderator, Chawisa (Wendy) Chen, Thailand Startup Association and speaker, Pariwat Wongsamran, Project Manager of the NIA . During the networking session I met entrepreneurs, investors, a bank worker, and many other interesting people that came to hear a very interesting perspective of the NIA's role in developing Thailand's startup ecosystem.
Key take aways of the talk
National Innovation Agency (NIA) of Thailand has a vision to develop innovation in Thailand by being the "invisible hand" non-governmental hand to help SME's, startups, and corporations.
Challenges for the Thailand ecosystem include: language, culture, and education
To further develop the startup ecosystem: it wants to help create jobs for the future, help local entrepreneurs, attract foreign entrepreneurs (and make it easier for them to build their startup in Thailand), and collaborate with other international startup hubs.
Overall, it was a great event, and I look forward to attending the next Startup Grind Bangkok :)