All we hear these days are collapse, fallout, destruction, implosions, recessions, layoffs and meltdowns.

Negativity fills the room.

Seems like everything is crumbling to bits.

Everything is falling apart.

Makes you wonder:

Who’s still building?

Who are the founders still willing to stick their necks out and build their startup?

Who are the ones brave enough to hunker down and continue their startup journey?

Looking back, it was easy to build during a hype and bull market.

Everything was easier.

Money was cheap, freely accessible and aplenty.

Everyone was fueled on hype and hopium.

You didn’t need to convince anyone about product-market fit.

There was no need to show revenue or traction before asking for a $5M seed check.

If you were building especially in a fast lane like web3 back then, it was even easier.

Now, it is the bubble for AI-tech.

Generative AI, AI to help you do anything, AI-powered chatbots and even AI for your pets!

Add “AI” to your deck and namedrop “LLM” and “GPT-4”, and you can raise your valuation by 10X.

Point is, it was easy to do things when you are in the bull market or hype.

What about the other areas, like sustainability, data, energy and waste?

I mean life goes on right, and we still got to grow in all other aspects of the industry and tech.

Hype markets are hot topics and gets all the news headlines.

But let’s also acknowledge the founders and startups building on the other important areas too.

As ecosystem builder, that is what we do.

We don’t just follow hype and flashy headlines.

Our mission is to build the ecosystem and encourage organic growth of all markets regardless of hype cycles.

So if you are a founder on a mission.

If you are a builder in the bear market.

If you are hustling like a passionate founder on day 1.

We want to meet you.

Join us in our roadshows coming up!

Big shoutout to our corporate partners from Tenaga Nasional Berhad and ecosystem partners Cradle Fund, NTIS and MRANTI who were part of our speaker’s panel across Kuala Lumpur and Penang!

StartupX hosted the PETRONAS FutureTech 3.0 roadshows in Kuala Lumpur and Penang, and so many of you showed up!

There were VCs, founders, builders, entrepreneurs, makers and hustlers who were still building.

We do have 2 more roadshows coming up:

1. In Singapore with Sembcorp Industries Ltd & SGInnovate
2. Online roadshow with Leave a Nest Co., Ltd.

Register here:

24 March — Singapore — https://lnkd.in/gZtqF-Hr

27 March — Online — https://lnkd.in/gemAJxPe

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Join us in-person, have some drinks and snacks with other founders, corporates and builders, and absorb the vibes at our Singapore event hosted at the beautiful SGinnovate space in the city central!

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Is the bear market a good time to startup?

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