In an interview with The Edge Singapore, Chua Kee Lock, chief executive officer (CEO) of Vertex Holdings, the VC arm of Temasek Holdings, says: “We believe that it is important to invest in good companies because we are investing other people’s money. We have to do proper due diligence and control our speed. The temptation will be there but we need to impose the discipline and this is done through a lot of thought and experience.”
Chua Kee Lock, chief executive officer (CEO) of Vertex Holdings, on start-up funding in a post-pandemic world where investments are harder to come by
Vertex Ventures Holdings, the sponsor of Vertex Technology Acquisition Corporation (SGX:VT1
) (SGX:VT1) (SGX:VT1) (VTAC), Singapore’s very first special purpose acquisition company or spac, is maintaining its steady pace of investing in roughly one start-up per month even as the funding landscape becomes increasingly difficult.
