Kickstart Ventures’ silver linings playbook

More: A look at the Q3 financial results of tech giants Grab and Tencent. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- Hello {NAME} A smartwatch and a photobook that explores the history of Hong Kong’s Kowloon Walled City (Greg Girard’s City of Darkness Revisited, in case someone out there is feeling generous and wants to be my Santa) have been on my wishlist for ages, but I don’t know if I’ll ever get around to actually purchasing them. There are two reasons for this. First, I’m low-key thrifty. Second, my necessary expenses have never dwindled enough so I could spare a couple hundred dollars. Those two items seem doomed to languish forever in my “nice to have” list since I might never be able to bring myself to spend on them. In today’s premium article, Brian Dy, Kickstart Ventures’ head of research, says pretty much the same thing about the current economy, pointing out how startups that cater to discretionary spending are likely to be hit hard. Read on to find out what else he has to say about the tech winter. -- Winston  ---------------------------------------------------------------  THE BIG STORY [Recession Run: Kickstart Ventures to deploy more funding in 2023]( Brian Dy, head of research at Kickstart Ventures, shares insights on the recession and talks about deploying the firm’s dry powder. ---------------------------------------------------------------  TECH IN ASIA ORIGINALS Tech in Asia Originals is where we produce video content that aims to breathe life into the people, companies, and markets in Asia's startup ecosystem. Explore all of our original videos [here](. [Scaling a D2C business]( Now that you have the fundamentals of building your direct-to-consumer (D2C) business down, how do you go about scaling it? Love Bonito CEO Dione Song breaks down specific upgrades and levers that you can pull to bring your business to the next level. Watch the rest of Unlocked: Dione Song - [become a subscriber today](  --------------------------------------------------------------- TRENDING NEWS [Alibaba Group’s Q2 income goes into the red]( The Chinese firm also extended its US$25 billion share repurchase program by another US$15 billion. [Temasek marks down full FTX investment to $0]( The Singapore investment major poured US$210 million into FTX International for about a 1% stake and US$65 million into FTX US for a roughly 1.5% stake. [Grab’s financial health in 9 charts]( Southeast Asian super app Grab just announced its third quarter 2022 results. Below are nine charts – updated by quarter – that track the company’s performance. [Ex-Singtel, Stripe employees’ user research platform bags $1.3m]( Betafi is a platform that can help product teams capture insights from user conversations and share them with other teams. [World of Warcraft, Overwatch publisher ends 14-year deal with NetEase]( Blizzard Entertainment will be suspending its online services in China starting January 23 while game sales will also be halted in the next few days. [India-based EV battery network bags $7m in pre-series A money]( Capital A, and Anicut Capital led Chargeup’s round, with Jiraaf and a group of angel investors participating. ---------------------------------------------------------------  TECH IN ASIA PODCAST A startup’s guide to performance management in a remote-work environment Ever since the global shift to remote working, managers across the business world have struggled with one question: How do I know my team isn’t slacking off? 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