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    Business

    The Venture

    The Venture is an original podcast hosted by serial business builders from McKinsey. In each episode, our experts cut through the noise to show how leaders can launch new companies, testing their theories in conversations with legendary venture builders in Asia. We break down their journey – how they did it, the challenges they faced, how they built successful businesses.

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    Copyright: © Copyright (c) McKinsey & Company. All rights reserved. Reprinted by permission.

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    Latest Episodes:
    7. Giving and reaping rewards: A conversation with ShopBack’s Joel Leong Jan 29, 2021
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    Listen to the podcast (duration: 21:53) > In this episode of The Venture, we discuss how to introduce a proven business model in different markets, localize that model for the new region, and fertilize it to become the market leader. Joel Leong, CEO and cofounder of ShopBack, explains how the company positioned itself as a pre-shopping destination to cement user loyalty, how it used performance marketing to unearth and exploit unexpected customer segments, and its upending of the established pay-per-click model with a cost-per-sale approach—one it intends to transplant into the offline space.

    See www.mckinsey.com/privacy-policy for privacy information


    6. 2020 season recap: Building and scaling new businesses Dec 14, 2020
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    Listen to the podcast (duration: 25:24) > In this special episode of The Venture, join us for a season recap of all the learnings from past episodes of 2020 with leaders from incumbents True Digital, Jardine Matheson, and Globe Telecom; venture-capital firm Sequoia Capital; and digital attacker Carro. Andrew Roth and Tomas Laboutka from Leap by McKinsey share the recipe for business building and the nuances incumbents need to take into account when they’re building and scaling new businesses.

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    5. Stressing customer obsession: A conversation with Pieter Kemps of Sequoia Capital Oct 30, 2020
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    Listen to the podcast (duration: 39:11) > In this episode of The Venture, we discuss the role of VCs in new businesses - how they evolve to be more value add and how is their relationship different from the incumbent and new business. Pieter Kemps, Principal at Sequoia Capital explains why it sometimes makes sense to delay monetization to focus on growth, the difference between “type one” and “type two” decisions, and the importance of being customer obsessed.

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    4. Building a start-up innovation ecosystem: A conversation with Jardine Matheson’s Anne O’Riordan and Michael Poon Sep 08, 2020
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    Listen to the podcast (duration: 35:41) > In this episode of The Venture, we discuss how incumbents collaborate with start-ups to build an innovation ecosystem across all business units. Anne O'Riordan and Michael Poon from Jardine Matheson, a 188- year-old Asian conglomerate, share the company’s journey to bring speed, capability building, and innovation methodology of test and learn to support their portfolio businesses.

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    3. Growing an incumbent by building a new business: A conversation with Bernd Vindevogel of True Digital Jul 22, 2020
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    Listen to the podcast (duration: 35:47) > In this episode of The Venture, we discuss why building new businesses is essential for growth and reinvention for large organizations. Bernd Vindevogel, chief analytics officer at True Digital Group, shares the company’s journey to building and scaling an in-house analytics organization from scratch. We also discuss the critical dynamics between a new business unit and its parent organization.

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    2. Culture Matters with Glenn Estrella, Entrepreneur in Residence at Globe’s 917Ventures Jun 24, 2020
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    Listen to the podcast (duration: 30:39) > In this episode of The Venture, we discuss why culture matters to drive long term impact. Glenn Estrella from Globe Telecommunications' corporate incubator, 917Ventures, explains how Globe has become the largest mobile network operator in the Philippines. We also discuss how corporates can leverage their existing partnerships and assets, and build an innovative culture within their organization.

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    1. Clone or Create with Aaron Tan, CEO of Carro May 08, 2020
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    Listen to the podcast (duration: 27:11) > In this episode of The Venture, we breakdown the Clone vs Create debate. Aaron Tan, the CEO and founder of Carro, shares how he has dramatically grown Carro, now the #1 automobile marketplace in Southeast Asia, since 2015. We discuss how to break out from the crowd, address capability gaps in order to grow and scale, and cultivate an open culture that attracts talent to a new business.

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