One founder, many agents: The Philippines’s answer to a vanishing Series A

e27 - Nov 10, 2026

For a decade, the Southeast Asian startup script barely changed. Find two or three co-founders, raise a seed round, hire a dozen people, then sprint to the next round before the money runs out. The script assumed a steady supply of early-stage capital. In 2026, that assumption looks naive. A new report from Gobi Partners, […] The post One founder, many agents: The Philippines’s answer to a vanishing Series A appeared first on e27.

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