Having started out his venture capital career in Indonesia in 2014, at a time when scarcity of capital in the market meant founders would take any money offered their way, Adrian Li, partner at AC Ventures, believes the tide has now started to turn.
The proliferation of available capital today, coupled with a better understanding of the VC game, has prompted many founders to be more selective on which investors they take on board and to carry out meticulous due diligence on VCs, the way investors have always done on them.
