Asian Startups Reach IPO Stage in 4-5 Years, Down From 8-10
Updated
Updated · CNBC · Oct 20
Asian Startups Reach IPO Stage in 4-5 Years, Down From 8-10
1 articles · Updated · CNBC · Oct 20
Summary
4- to 5-year-old Asian startups are already preparing for IPOs, far faster than the traditional 8- to 10-year path, Granite Asia's Jenny Lee said.
Faster productivity gains and earlier profitability are driving that acceleration, while Western companies still tend to remain private longer, according to Lee.
More early-stage funding is supporting the pipeline: Granite Asia has made more than 40 equity investments over the past two years and backs companies through listing.
Granite Asia is focusing on AI for science, robotics, Asia-specific consumer and content tools, and energy-storage technology as regional economies expand renewable power use.