Great Support in Japan for Startups: Pacific Bays Capital

by birtanpublished on September 30, 2020

of course we know that japan sort of has
a reputation for not being
as welcoming of entrepreneurship when
all those college kids
go to those uh jobs for life big
major companies government sectors so is
this starting to change
hi thank you for having me here today uh
yes it is
so there's actually been a bit of a
societal change
especially compared to say about ten
years ago
uh you know these days there's really
kind of been a bit of a bit of an
overall push
people are essentially a lot more uh
comfortable leaving their kind of cushy
corporate jobs there's a lot more cash
there's a lot more robust uh eggs and
ecosystem
uh you know the average timeline for
corporate acquisition here has actually
fallen to around five years
uh which i think is pretty exciting
there's also some incredibly strong p e
ratios for
startups uh exiting over here as well so
what does the path to
the public markets look like in japan as
compared to other places
uh so it's actually quite lower cost
here really the main requirements
uh are essentially two years of auto
financials
in practice the lowest valuation is
really only about 50 million usd
tsc tokyo stock exchanges really have
four different main boards including
mothers
and the cost is fairly low i'd say
probably on average
maybe 500 000 usd or less
and matt we are just getting some
breaking news amid the ongoing street
protests in new york
as well as across other parts of the u.s
we're hearing reporting from the new
york times
saying that an officer in louisville has
been shot that's according to reporting
from the new york times
saying that a police officer has been
shot amid the breanna taylor protest
of course we know that in louisville a
curfew as well as a state of emergency
has been called
we are seeing protests on the streets
not just there but across other cities
in across the u.s including in new york
city as
protesters take to the streets over a
kentucky grand jury electing
not to charge any of the officers
involved in briana taylor's
death with murder we're now hearing
reporting from the new york times that a
police officer
has been shot in louisville matt let's
get back to the topic at hand what sort
of
i suppose differentiation and
opportunities that have
have come up given the unusual monetary
fiscal environment that we're at the
moment
you know so it's actually there's a lot
of great support here in japan
uh for startups and especially mid to
large tier companies that are trying to
go abroad
and i think that's also where we here at
pacific base can i
kind of help with that you know suga is
essentially going to be
continuing a lot of the same policies
that abe had
included including financial easing
we're seeing a lot of increases in
essentially
much lower debt capital to help those
japanese startups go abroad
and right now in particular especially a
lot more lines of equity and cash
capital to help them finance and go
overseas as well
uh so we think it's pretty exciting
environment
and pretty glad to be a part of it
and of course your beat is really
healthcare we've seen a flurry of
healthcare listings particularly
uh in hong kong and china do you see
that
sort of a trend continuing across the
rest of asia and in japan
you know so japan has a lot of uh
has a great market for healthcare we've
actually been taking a look at three
pretty exciting portfolio ones
uh one of them is essentially lowering
and expanding the cost of uh diagnostic
histology
uh we're pretty excited to see those
startups
uh come out over here in japan uh i
think there's pretty robust market
especially with an aging population
so i think it will be pretty exciting
and see a lot of growth over the next
couple years for them here
too
so what are your plans when it comes to
the investment
deals that you're expecting to make in
the next few years and
how do you plan to grow your company as
well
so there's actually you know there's a
couple of really exciting companies here
in japan that i would say have
comparatively lower valuations uh
especially the current rounds but will
essentially kind of go out
uh and pretty easily snag billion dollar
plus valuations upon exit
um we see a lot of these opportunities
kind of starting to come up in japan and
there's just
not a lot of external knowledge or
external publication being
uh being out about them we feel
pretty well positioned to make use uh
of our both corporate partners here to
help those companies go overseas
and can really help them grow up and
scale up which in turn increases their
valuation much fat
much higher here in japan as well as
kind of opportunistically invest in t
startups that we think would be kind of
synergistic with our platform and
portfolio

Related Videos

from daily forex this is chris taking a look at the uh bitcoin market here you can see that we have uh found the market to be bullish we have broken above the ...
James fake revenue at deutsche bank has risen by 47 in the third quarter has this good momentum continued in the fourth quarter as well look we're continuin...
from daily forax this is chris taking a look at the um us stock indices this is the s p 500 and you can see that the s p 500 has uh rallied quite a bit did pul...
The capital position now and the confidence you have to deploy that dividend well indeed we have uh we've had a uh a very strong quarter um in which uh you ...
Hi everyone my name is adita and a few years ago i got divorced and became a single mom of two kids and that's when i started to look for ways to invest my ...
Have you ever thought of the true value of gold I mean really the value of something isn't its price it's what you can buy with it that is the true valu...
Hi this is vlad from effects empire euro dollar failed to settle above the resistance at 1.1870 and is trying to get below the support at 1.1830 if this attempt...
from daily forex this is chris taking a look at the uh crude oil marking cwti has gapped a little bit lower and then basically did nothing so uh at this point ...
Rupert what does this all mean for for equities but in general actually asset classes would you buy right now yeah so we are still broadly constructive on risk ...
Today I'm looking back at the Tesla stock on March 17th I did an analysis based on my ambassador diamond analysis the IDB a and I suggested that after its s...
The thing is if it's a legitimate expense and you are legitimately working from home take it you're literally throwing money leaving money on the table ...
from fx empire this is chris taking a look at the euro dollar and you can see that we are reaching above 118 as new york gets on board and perhaps trying to ma...
from daily forex this is chris taking a look at the euro and the pound you can see the euro has fallen a bit during the trading session here on friday as there...
The crude oil price has had a great recovery off those april lows but it does appear to be struggling over recent weeks so given the resurgence of the coronavir...
The recovery in silver continued into july and in the last week uh the price went somewhat parabolic moving from 19 up to 26 and you can see the sort of volatil...
Now one of the things that almost all millionaires have in common is they have exceptional I mean exceptional communication skills because they recognize that c...
Hi this is vlad from effects empire silver is currently trying to settle above the nearest resistance level at 23.30 if this attempt is successful silver will g...
from daily forex this is chris taking a look at the gold and silver markets you can see gold has smashed into this little short-term downtrend line that i have...
So tell us a bit more about the survey what what are your clients telling you about the lessons learned from this pandemic and what does it tell us about the fu...
At first glance ichimoku charts um can seem somewhat intimidating with a lot going on when we're looking at markets but they're also a really powerful w...