Telstra Ventures eyeing Asia opportunity, say managing directors Matthew Koertge, Mark Sherman

Telstra prepaid card. Credit: Flickr/Karl Baron.

Asia can be a disruptive hub for emerging technologies, and companies born and bred here – from Indonesia and China – have become global, Matthew Koertge, Mark Sherman, managing directors at Telstra Ventures, the corporate venture arm of Australia’s largest mobile phone company, said in an interaction. Telstra Ventures plans to ride that wave as it looks to future proof its investment strategy, that had so far been focussed on the United States and Israel, in addition to its home market.

Matthew Koertge, who was joined by the VC’s other managing director Mark Sherman, in a wide-ranging interaction with DEALSTREETASIA, shared the firm’s outlook for the region, in addition, to its investment strategy.

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