In this podcast episode, Franco Varona, a Filipino Venture Capitalist, explains why the Philippines is one of the fastest-growing startup ecosystems in the region and the opportunities this presents for entrepreneurs. Born in Canada, we also chat about why Franco moved back to the Philippines and also why other overseas entrepreneurial Filipinos are returning.
As the Managing Partner of Foxmont Capital Partners, the first independent Venture Capital (VC) firm in the Philippines, Franco has had a varied career, most notably being a founding member at MyTeksi Phillippines (now named Grab). This opportunity to get on board one of the most exciting startups in the region supercharged his career into what it is today, something that might not have been possible if he stayed in the States.
As passionate advocates of the Philippines startup ecosystem, Foxmont's investment thesis is this: “We invest in Filipino-focused or Filipino-founded early-stage technology startups that have proven that they can scale effectively and lead the Philippine digital evolution. We believe that if a Filipino startup can succeed in the Philippines, it can succeed anywhere.”
Show Notes: https://bordersless.com/business/philippines-opportunity-franco-varona-foxmont/
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