Tiny Dragon Podcast

Hello and welcome to Tiny Dragon: your definitive guide to mastering product-market fit in the tech landscape. I’m your host, Elaine Ann. In each enlightening episode, we delve into the hearts of tech startups that have astoundingly decoded the secrets of crafting product-market fit, even in the most unfamiliar markets. We’ll explore how they create products that people love, uncovering the nuanced strategies and innovative approaches behind their monumental success. Distilling complex concepts into actionable insights, this podcast is set to be an invaluable resource for entrepreneurs, investors, and tech aficionados. Ready to uncover the secrets of achieving Product-Market-Fit and setting your startup on the path to success? Join us on this exciting journey.

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Episodes

Wednesday Jan 10, 2024

Larry Tsai of QVentures and QStudio delves into his diverse experiences in the tech industry, from early internet days to the current AI trend. He shares insights on product market fit and cross-border market entries for tech startups. He also discusses various challenges startups face, such as cultural adaptability and practical realities of manufacturing and supply chain. The conversation also highlights the impact of AI, the trend of deep tech and how it is shaping industries globally.
 
 
03:44 Larry's Journey into Hardware
07:35 Transition to Venture Capital
10:31 Deep Tech Explained
13:36 Impact of COVID on Hardware Manufacturing
18:48 Future of Virtual Reality
24:06 Cross-Cultural Experiences in Tech
26:30 Understanding Local Market and Cultural Nuances
27:00 Challenges in Integrating Hardware and Software
28:04 The Evolution of Prototyping Tools
28:59 The Costly Nature of Hardware Development
31:18 Exploring the Potential of AI in Product Development
32:17 The Metaverse and Its Potential in Product Design
33:35 The Rise of Chinese Companies in the Global Market
37:20 The Challenges of Expanding to Different Markets
44:52 The Future of AI and Its Impact on Society
48:12 The Changing Landscape of Job Opportunities
49:56 Contact Information
 

Wednesday Jan 03, 2024

This conversation between Elaine, the host of Tiny Dragon, and Simon Schillebeeckx, the founder and chief strategy officer at Handprint, revolves around the importance of incorporating sustainability strategies into business plans from the startups' inception. Located in eight countries with 14 nationalities represented in its teams, Handprint focuses primarily on the digital and service-driven sectors of the economy. Schillebeeckx discusses Handprint's journey so far, including its lessons learned and strategy modifications, as well as the cultural nuances observed while working across different regions. He emphasizes the significance of aligning a company's identification with a cause worth investing in, and how this can influence its brand image, target audience attraction, and the value it brings to the world.
 
 
00:00 Introduction and Importance of Positive Impact
00:49 Welcome to Tiny Dragon: A Deep Dive into Tech Startups
01:16 Interview with Simon Schillebeeckx: Journey into Tech Startup
02:49 The Birth of Global Mangrove Trust and Handprint
05:15 Role and Responsibilities in Handprint
06:53 Handprint's Business Model and Clientele
10:14 The Impact of Digital Technology on Sustainable Development
10:36 The Challenges of Trust and Value Capture in Sustainability
11:30 Handprint's Approach to Sustainability and Value Capture
14:25 The Role of AI and Blockchain in Sustainability
28:01 The Impact of COVID-19 and Global Conflicts on Sustainability
29:07 The Influence of Culture on Sustainability and Product Market Fit
45:08 Lessons Learned and the Search for Product Market Fit
49:51 The Importance of Passion and Larger Purpose in Startups
51:47 Conclusion and Contact Information
 

Wednesday Dec 27, 2023

In this episode of Tiny Dragon, Professor Pochi Wu, Venture Advisor of SkyDeck, shares his insights on entrepreneurship, venture capitalism, and product-market fit. With years of experience as both a venture capitalist and a professor, Wu delves into the opportunities and challenges faced by entrepreneurs, particularly those who are venturing into tech startups. He sheds light on factors that determine startup investability, such as traction, perceived risk, third-party validation, and revenue. Wu also discusses how entrepreneurs should approach market needs and why the mindset to continuously learn and evolve are key traits for success.
 
Highlights:
 
02:12 Venture Capital Journey and Transition
03:56 Investment Verticals and Generalist Approach
05:51 Cross-Cultural Entrepreneurship: Asia vs. North America
06:06 Education and Entrepreneurial Mindset
13:54 Entrepreneurship in Asia: A Different Flavor
22:37 Investor Perspective and Making a Startup Investable
30:56 Understanding Product Market Fit
31:31 The Pitfalls of Tech Startups
32:12 The Importance of Understanding Customer Needs
34:19 Common Missteps in Startup Ideas
37:26 The Role of a CEO in a Startup
41:03 The Challenges of Scaling a Startup
46:37 The Impact of COVID-19 on Startups
53:45 The Importance of Continuous Learning in Entrepreneurship
56:05 The Role of Courage and Conviction in Entrepreneurship
58:55 Closing Remarks and Contact Information

Wednesday Dec 20, 2023

In this episode of the Tiny Dragon Podcast, the host brings in special guest, Mr. Kaushik Pillalamari. Kaushik shares his journey as an entrepreneur, noting the importance of product market fit and the ability to expand into different markets. His tech start-up, Smartiply Inc was successfully acquired by the Taiwanese company, Vistron Corporation. Kaushik discusses the synergies that led to the acquisition and his role post-acquisition. He gives a detailed explanation of 'smart manufacturing' and shares his journey into the electronics manufacturing industry. Kaushik also speaks on the importance of finding and maintaining product-market fit, along with key strategies for building a successful start-up team. In his impactful conversation, Kaushik shares his personal formula for success involving a holistic, responsible approach to product and market development through digital mastery.
02:11 Understanding Smart Manufacturing
04:29 Kaushik's Career Path and Industry Experience
05:07 Challenges and Strategies in Electronics Manufacturing Industry
08:07 Finding Product Market Fit
13:15 Role of Advisors in a Startup
24:05 Cultural Influence and Multicultural Experience
34:43 Choosing the Right Investors and Strategic Partnerships
41:34 The Manufacturing Process and Strategic Investors
43:05 The Importance of Personality in Business
44:18 The Role of Experience in Startups
46:42 Overcoming Challenges in Startups
55:12 The Importance of a Strong Team in Startups
01:07:22 Final Thoughts and Advice for Startups
01:07:43 The Role of Responsibility and Holistic Approach in Startups
 

Wednesday Dec 13, 2023

In this episode of the Tiny Dragon Podcast, Tytus Michalski shares valuable insights into navigating product-market fit and expansion strategy for tech startups. The conversation delves into the importance of building the right team, the effects of culture on business, and considerations for startups planning to expand into new markets. Listeners also get an opportunity to consider the current investment environment, future prospects in AI, and the opportunities presented by market fragmentation.
 
Highlights:
 
 Understanding Fresco Capital's Investment Strategy
 Demystifying Empowered Talent and Sustainable Loops
 Contributions of startups in the Holistic Wellness Sector
 Tech Startups and Product-Market Fit
 Exploring Pipedrive's Global Market Expansion Journey
 Effects of COVID on the Investment Environment
 Considering AI Integration in Companies
 Navigating Global Expansion in Tech Startups
 Discussing the Future of VC Investing

Wednesday Dec 06, 2023

In this episode of Tiny Dragon, the host, Elaine Ann, discusses with Jeremy Au, who is a Venture Capitalist at Monk Hill Ventures. They delve deep into understanding the challenging dynamics of Southeast Asian startups, the trends in different markets, the importance of continuing learning in the rapidly evolving tech world, and tips on achieving product-market fit in unfamiliar markets.
 
Highlights:
 
01:38 Jeremy Au's Background and Venture Investment Focus
03:06 Understanding the Complexity of Southeast Asia Market
05:45 Cross-Cultural Impacts on Startup Strategy
09:40 Challenges with Corporate Setup
47:15 Transformative Influence of Technologies for Continuous Learning

Thursday Nov 30, 2023

In this informative podcast, Alexander Piskunov from KAAN Ventures discusses his journey from Russia to the UK, to investment banking, and finally to venture capital. He explores and shares insights about working in various countries such as the UK, US, Singapore, and emerging markets. He delves into the strategies of venture capital investment in tech startups, specifically deep tech field spanning areas like robotics, space tech, and quantum computing, and their relevance in different global locations. He reflects on the implications of COVID-19 on the VC investment scenario and the shift in dynamics in the Silicon Valley system. Alexander also highlights the importance of understanding local and international trends for startups expanding overseas and the role of correct timing in expansion plans. 
 
Tune in to learn more about the future potential in emerging markets, primarily focusing on Southeast Asia and Latin America.
 
Highlights:
 
00:30 Journey into Venture Capital and Entrepreneurship
02:50 Transition to San Francisco and Deep Tech Investment
04:39 Move to Singapore and Khan Ventures
05:49 Investment in Emerging Markets
07:11 Impact of COVID-19 on Startups and Investment
08:26 Challenges and Changes in Biotech Investment
09:40 Shifts in Silicon Valley and Global Tech Hubs
10:54 Investment Strategies in Emerging and Developed Markets
12:30 Investment Focus and Challenges in Emerging Markets
18:28 Expansion Strategies for Startups in Emerging Markets
23:02 Cross-Cultural Challenges in Startup Expansion
50:12 Investment Trends in Emerging Markets
53:05 Closing Remarks and Contact Information
Links: 
Alexander’s LinkedIn: https://www.linkedin.com/in/alexander-piskunov/

Tuesday Oct 31, 2023

Join today’s guest, Jeffrey Broer, Advisor and Venture Partner of Mulana Capitaland, as he delves into the complexities of launching products across diverse global markets. In this episode, Jeffrey shares insights on the significance of understanding cultural differences, the essence of localization, and the critical need for meticulous market research and smart execution in attaining a perfect product-market fit.
 
Get ready for a deep dive into the intricacies of international product strategy and the vital lessons required for successful global ventures with Elaine Ann and Jeffrey Boer.
 
Highlights/Takeaways:
01:23: Exploring challenges in global product launches: Understanding cultural complexities.
19:45: Impact of language and cultural nuances in market strategies: Didi's approach in China and Hong Kong.
34:12: Struggles in achieving perfect product-market fit: Emphasizing the need for thorough validation and understanding user problems.
43:40: Importance of subtle differences in global regions: The significance of understanding cultural nuances for successful product launches.
52:00: Hurdles in product-market fit: Challenges arising when founders focus on solutions over user problems and market sizing.
 
Bio:
Jeffrey is a HongKong based Dutch entrepreneur. He helped over 135 entrepreneurs (and counting) with their value propositions, M&A, fundraising and he has seen thousands of pitches and pitch decks.
He is a strategists with focus on technology innovation, working on bridging UX, business, stakeholders, user and design. He (co-)founded multiple businesses, In Europe, Asia and Silicon Valley. He co-runs the Biomedical Innovation Team program at HKUMed and he was the Program Director of Accenture FinTech Innovation Lab APAC.
He recently joined Mulana.VC an investor in the DeFi/Web3 space, looking at machine economics project and connecting the physical world with the online world and machine economics.
 
Links/Resources Mentioned:
Steve Blanks - Four Steps to the Epiphany
Jeffrey's Podcast: Awesome Mayor Cooper Startup Lessons Learned
Jeffrey's LinkedIn: Jeffrey's LinkedIn Profile
Jeffrey's Twitter: Jeffrey's Twitter Profile
Podcast: Mea Culpa Startup Lessons Learned Podcast
 

Tuesday Oct 24, 2023

Are you a budding entrepreneur or a dynamic startup looking to take the leap into the North American market? Join us in another episode of the Tiny Dragon Podcast where we unveil the secrets to success, sharing insights from today’s guest who has navigated this challenging terrain. 
 
Marco Lee, a seasoned consultant specializing in aiding Korean startups' growth in North America, sheds light on the strategies, cultural nuances, and adaptable approaches that will make your venture soar.
 
In this episode, you'll discover how to harness the boundless potential of the North American market. We'll delve into the challenges and the proven methods to overcome them. From understanding cultural intricacies to crafting a flexible business model, we leave no stone unturned. This is your golden ticket to learning the hidden secrets of making it big in North America.
 
Tune in and get ready to amplify your growth, seize new opportunities, and reach new heights. 
Highlights: 
 
[1:14] Challenges faced by Korean startups in North America.
[8:36] The importance of localizing business strategies and understanding North American consumer behavior.
[26:44] Marco's advice: Never assume your product will fit the new market; always adapt and learn.
[32:21] The significance of food and cultural nuances in Asian markets.
[39:34] The agility and flexibility of startups in the series A or earlier stage.

Friday Oct 06, 2023

SHOWNOTES:
In today's episode I had the privilege to explore crucial aspects of startups, product-market fit, and international expansion. Todd underlined the paramount importance of attaining product-market fit, which essentially means aligning a product perfectly with the specific needs and desires of its intended audience. He introduced the concept of the Minimum Viable Usable Product (MVUP), stressing that a product should not only exist but also be truly usable and valuable to its users. Todd shared valuable insights into leveraging WeChat groups to interact with potential users and gather unbiased feedback. He emphasized the significance of community building and advised against injecting personal biases into product development, instead encouraging the collection of impartial feedback and allowing users to express their opinions freely. Furthermore, Todd emphasized that the ultimate proof of a product's value lies in currency, whether it's monetary transactions or the exchange of personal data, transcending language barriers.
 
Todd delved into the complexities of expanding startups into foreign markets, with a specific focus on Chinese companies venturing into Western markets and vice versa. He suggested that international expansion is ideally undertaken at the Series B stage when ample funding and resources can be allocated to the endeavor. Todd underscored the critical importance of local expertise, whether through the recruitment of local talent, bringing in investors from the target market, or considering acquisitions as a means to establish a foothold. The level of CEO involvement in international expansion varies depending on the nature of the business, but delegation to local leadership often proves beneficial.
 
Cultural considerations emerged as a critical factor, and Todd emphasized the need for startups to thoroughly understand the nuances of different markets to achieve success. He also cautioned against overly ambitious goals, advising startups to enter new markets strategically and focus on their core offerings. Lastly, Todd highlighted the value of collaboration, forging local partnerships, seeking mentorship, and steering clear of political pitfalls when expanding internationally.
 
If you found Todd Embley's insights on startups, product-market fit, and international expansion as enlightening as I did, then take action now! Connect with Todd on LinkedIn at Todd Embley to stay updated on his latest thoughts and connect with a wealth of knowledge in the startup world.
But that's not all! Dive deeper into these topics by tuning in to Todd's podcast, "Made in China." Explore the dynamic landscapes of tech, AI, and international business expansion in China and beyond. Whether you're an entrepreneur, investor, or simply curious about the intricacies of building successful startups and expanding globally, this podcast is your gateway to valuable insights.
 
So, don't miss out on this opportunity to expand your entrepreneurial horizons and gain a deeper understanding of the ever-evolving world of startups and international business. Connect with Todd Embley today, and start your journey towards business excellence.
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About Todd;
 
Todd is brilliant at managing uncertainty and structuring what is - by essence - an unstructured group of people, startups and a tight budget during the Chinaccelerator mentorship and acceleration program.
 
Follow Todd On
Linkedin: https://www.linkedin.com/in/toddembley/
Twitter: https://twitter.com/ToddEmbley
Podcast: https://www.wpic.co/podcast/

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