VVSEAI Event | From First $1 M in Funding to First $1 M in MRR with Joseph Phua, Puiyan Leung and Clement Parazon

Elise TAN | 04 Dec 2023

Pleased to present our last in-person event of the year - Sign up for an insightful event!

About this event

Vertex Ventures SEA led Series A in 17Live in 2014 and seen its growth through turbulent times and now, in preparation for its proposed business combination with VTAC. As we celebrate this significant milestone, at this event, we have the pleasure of hearing from 17Live's cofounder and Chairman Joseph Phua, our Partner Puiyan Leung and Clement Parazon from Google on how to navigate to the milestone of $1m in MRR.

From First Million in Funding to First Million in MRR - How to Get there?

Raised your first million in investments recently and figuring where to go from here?

​Join us for an exciting event where we dive into the journey of going from securing your first million in funding to achieving your first million in monthly recurring revenue (MRR). This event is perfect for entrepreneurs and startup c-suite interested in scaling their business towards series A milestone.

​During this in-person event, we'll hear from Joseph Phua (cofounder and chairman of 17LIVE, VVSEAI's portfolio and company with which the Vertex Technology Acquisition Company (VTAC), SGX’s pioneer SPAC has proposed the business combination) and industry experts, pue partner Puiyan Leung and Clement Parazon from Google. The speakers have either navigated this path themselves or supported entrepreneurs on their challenging journey. During the panel, they will be sharing their insights, strategies, and lessons learned, giving you practical advice on how to accelerate your growth and reach that coveted milestone.

​Mark your calendars for Thursday, December 7, 2023, at 6:00 PM (Singapore Standard Time). Don't miss out on this opportunity to gain valuable knowledge and network with like-minded individuals. Reserve your spot now!


​5:45pm Registration starts

​6:00pm Panel begins

​6:30pm Q&A; Short presentation by Google Cloud

​6:45pm Dinner and Networking

This is an event like no other, as we aim to help the entrepreneurs to benefit from

  • ​learning from our speakers' authentic sharing of experiences
  • ​understand challenges/ problems/ to expect as the entrepreneurs continue to build their business
  • ​Ask 'hard', close to 'heart' questions.
  • ​meet other similar stage entrepreneurs

​There will be business networking after this talk and Q&A. Refreshments will be served.

​Only 70 seats available on a first-come-first-serve basis, join us by signing up now.


​We thank Google Cloud for being a co-organiser and sponsor for this event. Thank you to Vertex Holdings and Technopreneur Circle for the support!

About the speakers

Puiyan Leung

​Puiyan Leung serves as Partner, Investment in Vertex Ventures Southeast Asia and India and focuses on opportunities in Southeast Asia.

​Prior to joining Vertex Ventures, Puiyan was a Director of Investments and Operations at Singtel Innov8, the corporate venture arm of telco group Singtel. In her role, she built a pipeline of tech startups that fit with the firm’s investment themes and established strategic alliance and managed partnerships with key ecosystem stakeholders. 

​Prior to that, Puiyan assumed a range of operating roles and once served as Singtel’s Indonesia-based lead in representing the local market development and expansion interests for Singtel’s digital portfolio.

​Puiyan is a Kauffman fellow and graduated with a Bachelor of Electrical Engineering Degree from the National University of Singapore.

​Joseph Phua

​Joseph Phua is the chairman and cofounder of VVSEA&I portfolio company, 17LIVE Inc., a social live-streaming platform. He also holds concurrent roles as Chairman at Turn Capital and the SoundOn Group and has recently started the fast-growing Next Apple News media platform.

​Prior to this, he founded Paktor, a pioneering dating app that has expanded beyond Singapore to the rest of Southeast Asia and North Asia, to form the largest social dating group in the region. Joseph holds a BSc in Finance from NYU Stern, and an MBA from Chicago Booth.

​Clement Parazon

​Clement Parazon, runs VC and start-up partnerships for Southeast Asia for Google, based in Singapore. He has extensive experience in tech, including investment banking, running his own start-up and leading Commerce and Entertainment enterprise partnerships for Google in APAC. He has a very interesting vantage from which to connect the supply and demand sides of capital in the early stage ecosystem. Clement has a Master’s degree in Computer Science from France’s “Ecole des Mines” and is the proud dad of 2 French-Italian-Australian daughters.

About Vertex Ventures Southeast Asia and India

We recently launched a $541 M fund to invest into early stage startups in the region, across sectors.

​Vertex Ventures Southeast Asia and India partners with founders who are creating innovative, transformative and scalable businesses. It has a long and strong track record of investing in early-stage startups and building champions like Grab, PatSnap, Nium, FirstCry, XPressBees, Licious, 17LIVE, and others. VVSEAI supports its portfolio companies with unmatched operating experience and deep access to the capital, talent, partners and customers they need to build truly global businesses.

​VVSEAI is one of six major funds in the Vertex Global Network which includes Vertex Ventures Israel, Vertex Ventures China, Vertex Ventures US, Vertex Ventures HC and Vertex Growth. These funds each focus on investments in their region and industry specialization. With the combined regional expertise and global reach, each team can leverage the Vertex Platform to get a broad view of innovation and share learning experiences across the world.

For more information, please visit: https://www.vertexventures.sg

​*Due to limited capacity, we will prioritise the registration of founders who are fundraising for series A in the next 12 months. If you fit the profile, and your registration is pending, feel free to email *elise.tan@vertexventures.com

For the latest news on Vertex Ventures SE Asia and India and our portfolio companies, follow us on Linkedin or subscribe to our monthly newsletter.


Vertex Ventures Southeast Asia and India is part of the global Vertex Ventures network of funds.

In addition to Southeast Asia and India, the Vertex Global Network is comprised of affiliates in Silicon Valley, China and Israel. This provides a unique platform for our portfolio companies to realize their full potential by leveraging the combined experience and resources of our extensive network of global partners.

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