Philippine startups and developers were recently called to push for global digital inclusion by providing free access to basic internet services to millions of people worldwide through Facebook’s Free Basics powered by Globe.
Globe, through its venture capital subsidiary Kickstart Ventures, Inc., recently brought Facebook’s Free Basics closer to Philippine developer and startup communities to rally them to develop locally relevant and useful services for Filipinos through the Free Basics platform.
Jackie Chang, Product Partnerships Manager, Facebook, spoke to over 150 members of the Philippine startup community at the Raid The Fridge event hosted by Kickstart.
“We’re here to support local developers create locally relevant services and content that will make a real impact in people’s lives. This is an opportunity for the developer community in the Philippines to scale their products and bring the benefits of the internet to more Filipinos,” said Chang.
One of Kickstart’s portfolio companies, Kalibrr, which provides online job training and assessment tools to job applicants, is already one of the pioneer Philippine digital startups to be part of the Free Basics platform. To date, Kalibrr has 40,000 monthly active users on its blog advice content.
Globe Senior Advisor for Consumer Business Group Daniel Horan is equally excited with the partnership between Globe and Facebook to connect more people around the world through free internet services.
“Globe continues to share with Facebook the common goal of expanding the digital lifestyle and make it more inclusive. By opening Free Basics to developers and entrepreneurs, we see more opportunities to bring more Filipinos online and benefit from the free basic services offered. With this collaboration, Globe and Kickstart aims to bring more developers and services to the platform.”
He said that the Globe-Free Basics partnership would serve as the company’s impetus to drive existing business models, launch new and exciting offers, and make mobile internet more accessible within a safe browsing environment for Globe customers without having to worry about unexpected data charges.
With the refurbished platform, more than 60 new services are available across the 19 countries where free basic services are available. People using the app or mobile web version can navigate to a menu where they can select which services to add to the list.
Philippine digital lifestyle purveyor Globe Telecom and Facebook are working together to support the developer and startup communities in the Philippines through Internet.org.
Internet.org is a Facebook-led initiative aimed at connecting the two-thirds of the world who are not yet connected to the internet. Today, Internet.org is available to more than a billion people in 18 countries worldwide.
Jackie Chang, Product Partnerships Manager for Internet.org at Facebook, will be the guest speaker at the startup community’s Raid The Fridge event hosted by Kickstart Ventures, Inc., a wholly-owned venture capital subsidiary of Globe. Raid The Fridge draws over 150 founders, investors, and developers every last Thursday of the month.
“#raidthefridge is Philippines’ reliably recurring startup community event: its everyone-is-an-equal atmosphere builds bridges across startups and corporates, founders and investors, developers and businesses. The drinks keep things friendly and fun and the heart of each evening is the 8pm speaker slot and the candid open forum that follows. We’ve featured speakers from all over the planet – and this time, we are thrilled to welcome Facebook’s Jackie Chang who will be talking about the Internet.org initiative and how it can impact local startups and developers for a much-needed global exposure.” said Minette Navarrete, President of Kickstart.
“Globe continues to share with Facebook a common pursuit of broadening the digital lifestyle to make it more mainstream. By opening Internet.org to developers and entrepreneurs, we see more opportunities for the local digital startup community to expand their reach, propagate social advocacies, and push entrepreneurial pursuits at the grassroots level,” said Globe Senior Advisor for Consumer Business Group Daniel Horan.
We are committed to working closely with Facebook to bring more Filipinos online, and to benefit from the free basic services offered through Internet.org. With this collaboration, Globe has achieved its current position of being the purveyor of the Filipino digital lifestyle and the undisputed leader in the mobile data segment,” said Horan.
On the other hand, Glenn Z. Estrella, Globe Vice President for Digital Media said: “We are excited over this milestone since developers will now be given a voice to share their information to the internet. This will also help our local developers share their apps not only to people in other Asian countries but also to those in Africa and Latin America. By providing tools and informational web app related to jobs, education, government information and news, etc., they will be instrumental in building community awareness.”
Last May, Facebook announced the Internet.org platform aimed at supporting local developer communities. Attendees will have a chance to learn more about developing relevant content and services for Internet.org during the Raid the Fridge event on Thursday, September 24, 2015 at 8:00pm at the Kickstart office in Makati City, Philippines.
These and many more at Globe Innovation Forum 2015 where Kickstart-funded startups hustled hard and won over Globe employees at the Kickstart Alley that showcased SaaS, Digital Lifestyle, eCommerce, and Social Impact startups from the Kickstart investment portfolio.
Now on its second year, Globe Innovation Forum brings together the latest trends in telecommunications and information technology featuring longtime Globe partners Amdocs, Huawei, HP, etc. alongside our startups.
Startup innovation was a major theme this year and with new startups popping up almost everyday in the local startup ecosystem, Kickstart Ventures, the corporate venture capital arm and wholly-owned subsidiary of Globe, lost no time showcasing its investment portfolio whose products and services bring real value to consumers. Because we believe startups are magical and can create wonder and offer great value for money. 🙂
What about you? Ready to embrace what startups can offer you?
[vc_row][vc_column text_color=”” animate=”” animate_delay=”” width=”1/1″][vc_column_text]Monday, 6th July 2015, saw the Philippines hosting the largest ever tech startup gathering in the country: SlingshotMNL, the official APEC-related tech startup conference, which attracted 1,200 participants and 120 startup exhibitors. People trooped to the Philippine International Convention Center (PICC) to listen to key government agencies, global tech companies, local startups, academics, investors and other key ecosystem players participate in a two-day conference that aimed to help build a bridge between the public and private sectors in the country who had an interest in building a more robust startup ecosystem. The Department of Trade and Industry was the key government agency here; but the Department of Science and Technology was visibly present and supportive.
I moderated a panel on “Opportunities in Tech Investing” in the afternoon of Day One. I had a great panel!
The panelists, in alphabetical order: * Jay Fajardo – CEO and co-founder, Proudcloud; and our partner for the Launchgarage acceleration program from 2012-2014 * Justin Hall – Principal, Golden Gate VC (SG) * Daniel Hersson – Cleantech VC/PE Team Leader and Consultant, Asian Development Bank * Hugh Mason – CEO and co-founder, JFDI * Shyan Menon – Investment Director, Infuse Ventures (India) * Koichi Saito – Founder and General Partner, KK Fund
I sent the panelists an advance email with the themes I planned to cover. Brilliantly, the startup community pitched in over the weekend with questions of their own! Which was great, because whilst the panel’s original intent was to point out opportunities for investors, clearly the founders’ perspective was key to a balanced discussion. Shoutout to Vin Dancel, Pavan Challa, Eric Clark Su, Maoi Arroyo, Gian dela Rama, Alvin Edwald Chan, Valenice Balace, Marielese Tan, Carlo Valencia and Gerry Cruz, who gamely joined my weekend prep for the panel!
We got quite positive feedback about the panel and the flow of the conversations, so I thought I’d share the content here. I won’t edit the draft: you’ll see the original thoughts, and can compare them with the actual discussion. Like a good startup, a good panel moderator has to be agile, and pivot when the situation calls for it!
First, the questions:
A quick round of introductions: maybe 2 minutes each, to say what you do, and what you want to get out of SlingshotMNL
After the round, we could do a quick show-of-hands summary: who’s been a founder / who’s worked for a startup / who’s invested in a startup outside of their own / who’s worked in corporate / who’s worked in VC — it’ll be “raise your hands for all that apply” to help the audience remember the context of each panel member
Investing is a tough profession, subject to both the company execution as well as market shifts; and tech is a sector that has shown rapid shifts. Why invest in tech?
What are the upsides investing in tech vs traditional industries?
What are the risks? How do the opportunities outweigh them?
How do you mitigate this kind of risk?
Do you have different criteria for investing in different regions / markets?
Which KPI matters most to you for valuation, and does this change from seed to Series A and beyond?
The literature on tech investing suggests more generosity, transparency and collaboration than is prescribed for traditional industries.
Do you subscribe to this when you make your own investments? How?
Have you seen bad investor behaviour, and how do you deal with it?
People say “tech investing” as if “tech” was a single category, subject to a single set of factors. But the truth is that tech has a broad spectrum of sectors, each of which is its own universe. Are there sectors that you are currently focusing on?
Any global tech trends that you are observing?
Any regional shifts that you anticipate coming to SEA?
Thoughts about specific regions / markets:
In your current investment portfolio, where do you have the most exposure, and why?
Do you favour any market or region for your current investment activity? Would you start to shift in or out of any particular region?
Are there government or regulatory policies that the SEA region needs to accelerate the development of innovation ecosystems here? Any best practices we should adopt?
In fact, should governments get in on the act at all?
In SEA, we talk about a gap between early stage to Series A, and we see a number of startups raising bridge rounds to get them to milestones that will allow an A raise.
Do you believe this is a systemic gap, caused by smaller seed rounds, more modest valuations in the region, or slower growth due to inherent market characteristics?
Or do you think this is par for the course, and not unusual given that only exceptional startups in any market achieve the kind of traction that gets them to a Series A without a bridge round?
There are growing concerns of a possible tech bubble, in the US and in a few other regions.
Do you believe there is a bubble? Why or why not?
Last: What is your fearless forecast for tech investing in the ASEAN from 2015-2020?
It wasn’t meant to be a punchlist to be checked off in sequence. The panel’s perspective was to share experiences and insights that could be useful to public and private sector participants who care about accelerating the development of a Philippine startup ecosystem. We kept a brisk pace, provided differing perspectives, and tried to keep things interesting and fresh for the audience. I certainly enjoyed, and I hope the panelists and the audience did, too.
Next up: the discussion highlights.
(You may also view the session below beginning at 33:29)
[vc_row][vc_column][vc_column_text]Good food, good company, and an amazing set of speakers – the best way to end May! Over 150 guests showed up at our monthly startup community mixer Raid The Fridge in Area 55 to listen to guest speakers from Coca-Cola Founders and muru-D.
Dave Lim and Stefan Jacob shared that thru Coke’s innovation platform – Coca-Cola Founders – startups across Asia will be given access to Coke’s 3Rs: RESOURCES (people, expertise, equipment); REACH (operations, fans, distribution); and RELATIONSHIPS (retailers, leaders, media, partnerships, vendors). Open happiness, indeed.
Next on-stage was global startup accelerator muru-D represented by Joseph Ziegler, Entrepreneur-in-Residence, Singapore, and Jamie Camidge, Head of Strategic Partnerships and Alliances. Muru-D, which is backed by Australian telco Telstra, flew in to invite Philippine-based digital/tech startups to apply to their six-month acceleration program based in Singapore. You can find details on muru-D and their acceleration program here.[/vc_column_text][/vc_column][/vc_row][vc_row parallax_image=”” columns_type=”default” section=”” full_screen=”” vertical_centering=”” full_width=”” full_height=”” background=”” bg_color_info=”” img=”” parallax=”” parallax_bg_width=”110″ parallax_reverse=”” video=”” bg_type=”” parallax_style=”” bg_image_new=”” layer_image=”” bg_image_repeat=”” bg_image_size=”” bg_cstm_size=”” bg_img_attach=”” parallax_sense=”” bg_image_posiiton=”” animation_direction=”” animation_repeat=”” video_url=”” video_url_2=”” u_video_url=”” video_opts=”” video_poster=”” u_start_time=”” u_stop_time=”” viewport_vdo=”” enable_controls=”” bg_override=”” disable_on_mobile_img_parallax=”” parallax_content=”” parallax_content_sense=”” fadeout_row=”” fadeout_start_effect=”” enable_overlay=”” overlay_color=”” overlay_pattern=”” overlay_pattern_opacity=”” overlay_pattern_size=”” overlay_pattern_attachment=”” multi_color_overlay=”” multi_color_overlay_opacity=”” seperator_enable=”” seperator_type=”” seperator_position=”” seperator_shape_size=”” seperator_svg_height=”” seperator_shape_background=”” seperator_shape_border=”” seperator_shape_border_color=”” seperator_shape_border_width=”” icon_type=”” icon=”” icon_size=”” icon_color=”” icon_style=”” icon_color_bg=”” icon_border_style=”” icon_color_border=”” icon_border_size=”” icon_border_radius=”” icon_border_spacing=”” icon_img=”” img_width=”” ult_hide_row=”” ult_hide_row_large_screen=”” ult_hide_row_desktop=”” ult_hide_row_tablet=”” ult_hide_row_tablet_small=”” ult_hide_row_mobile=”” ult_hide_row_mobile_large=””][vc_column text_color=”” animate=”” animate_delay=”” width=”1/1″][vc_gallery ids=”4014,4019,4020,4018,4017,4016,4009,4013,4011,4012″ columns=”1″ masonry=”” indents=””][/vc_column][/vc_row]
The #raidthefridge – April 2015 edition featured guest speaker Manny Ayala, Managing Director of the Philippine* office of Endeavor Global, a non-profit organization headquartered in New York with a “super connector” reputation for promising startups and founders.
Manny spoke about “entrepreneur mafias” and why they’re important in growing vibrant entrepreneurial ecosystems. It is generally accepted that entrepreneurship is a key tool for socio-economic development and prosperity, and his talk kicked-off with “The Fairchild Mafia,” a group of eight engineers who founded companies that built the foundations of the Silicon Valley ecosystem.
*Endeavor Philippines: Now the 21st member country in Endeavor Global’s growing network of emerging economies. They are focused in supporting high-impact entrepreneurs by giving them access to the networks, capital, and talent needed to scale a business. Endeavor selects entrepreneurs with the biggest ideas and most ambitious plans that have the potential to 1) create wealth, jobs and innovative products/services and 2) multiply that success by mentoring and investing in other entrepreneurs. Today, Endeavor is in 22 countries and has supported over 1,000 high impact entrepreneurs.