A Message From Our Founder, Carlson Lau

A Message From Our Founder, Carlson Lau

05 June 2018

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<p style="text-align: justify;">Dear Colleagues,</p>

 

<p style="text-align: justify;">&nbsp;</p>

 

<p style="text-align: justify;">Today we mark another important milestone in our company&rsquo;s journey. We have successfully raised US$20 million in our Series A funding led by Softbank Ventures and H&amp;CK Tigris. Besides our existing investors&rsquo; participation, we also invited LINE, Naver and STIC Investments to participate in this round. Our Series A fund raise was multiple times oversubscribed, and we are very fortunate to narrow the number of interested investors down to the selected few who share our vision for our company &ndash; an ecosystem providing affordable access to individuals and companies to start and grow their businesses.</p>

 

<p style="text-align: justify;">&nbsp;</p>

 

<p style="text-align: justify;">I still remembered the earliest days of our journey when we struggled to convince our members, landlords and investors of the value that we bring to our community. It was really tough. Paradoxically, we shot to prominence when we took over a single floor in an abandoned office tower. I still remembered of one our first few members who moved in who later very proudly showed off his office to his friends and business partners. He is still with us today as a happy member of the community. Within a space of a month, we invited more than 100 members to join us. And suddenly the property industry took notice. Landlords and property brokers started calling, saying we are bold, brilliant disruptors of the commercial property space. Truth be told, we did not know what we were doing. We designed out the floor by pulling sketches out of Google Images, moving tables and chairs into the building without realizing we needed a building permit and opening up the location before the official move in date. We are crazy. We are cowboys.</p>

 

<p style="text-align: justify;">&nbsp;</p>

 

<p style="text-align: justify;">And it is this crazy, cowboy spirit of adventure, of dare, of dogged intent which will carry us for the next hundred years and beyond. I envision a near future where 1 million members would come every day to our multiple community hubs across the region to work and do business with one another. This round of fund raising will bring us closer this goal. Over the next few months, we will build out more locations across other cities in Indonesia, roll out our B2C company services and C2C member marketplace, and strengthen our community building platforms. Whether we have a 1 person freelancer, a 100 person startup or a 1,000 person company joining our community, we fight hard to earn every single member&rsquo;s trust. We earn our keep. We are a unique position to define the dialogue in this brand new hospitality industry. And while we do not have the answers to all the questions, you bet we will work like crazy together to find the answers. More cowboy times ahead.</p>

 

<p style="text-align: justify;">&nbsp;</p>

 

<p style="text-align: justify;">Thank you for all your dedication and hard work in building our company, and being part of this wonderful journey of discovery together. I wish you an awesome Eid al-Fitr break!</p>

 

<p style="text-align: justify;">&nbsp;</p>

 

<p style="text-align: justify;">Yours sincerely,<br />

Carlson Lau&nbsp;</p>

 

<p>&nbsp;</p>

 

<p>Media coverage regarding the funding:</p>

 

<p>1. Indonesia&rsquo;s EV Hive raises $20M for its co-working business to rival WeWork<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Ftechcrunch.com%2F2018%2F06%2F04%2Fev-hive-raises-20m%2F&amp;h=ATMc64N9z_Rk4ncG4A1aOr7luRR3azOB0yubamzAqCmCWXV99iQgLor9Wk0WGBJNan4rf5PxP2mK6L2-3u3Oow-UfcQkTRPnW_q5I9yjOR5tI4Zt5T0GhsfLQHqAJTT3q8i0KAPXVrZe" href="https://techcrunch.com/2018/06/04/ev-hive-raises-20m/" rel="noopener nofollow" target="_blank">https://techcrunch.com/2018/06/04/ev-hive-raises-20m/</a></p>

 

<p>2. Coworking space chain EV Hive raises US$20M in Series A, will expand to Southeast Asia<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Fe27.co%2Fev-hive-raises-us20m-in-series-a-will-expand-across-southeast-asia-20180604%2F&amp;h=ATPqGtQJ9MKRMZugido9opJ3Uc4qUq5YVBLrX9__rvh0x0Cg5D4keFwSSGL_B3N2oOem3yMbexzvDYjbuKAFy28cOiT9FD5dnl44NEHTc5nbLbcRX3-XI7XA1gyf8Acv098RoakuHrtG" href="https://e27.co/ev-hive-raises-us20m-in-series-a-will-expand-across-southeast-asia-20180604/" rel="noopener nofollow" target="_blank">https://e27.co/ev-hive-raises-us20m-in-series-a-will-expan&hellip;/</a></p>

 

<p>3. EV Hive dapat suntikan dana segar Rp 290 miliar<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Fkeuangan.kontan.co.id%2Fnews%2Fev-hive-dapat-suntikan-dana-segar-rp-290-miliar&amp;h=ATMgfIv0GJDYG0D6i8GTSwRU9ZJPqnX34Ow-wt7I38lN6EEycoU22K-3lAqKraCvI_ciJwOSoGtV6pbOBFfihkDiEx0x1Z4w1W2lUuO6YymvTk2SUBqt6W5WqG0UBqzuuWm54SPrsdGv" href="https://keuangan.kontan.co.id/news/ev-hive-dapat-suntikan-dana-segar-rp-290-miliar" rel="noopener nofollow" target="_blank">https://keuangan.kontan.co.id/&hellip;/ev-hive-dapat-suntikan-dana&hellip;</a></p>

 

<p>4. Dapat Modal Rp 290 Miliar, EV Hive Bangun 100 Co-Working Space Baru<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="async" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Fkatadata.co.id%2Fberita%2F2018%2F06%2F05%2Fdapat-modal-rp-290-miliar-ev-hive-bangun-100-co-working-space-baru&amp;h=ATN7hOxGynGkhEA3uQaV0DxINDBGpcNAZkQ6cdFhnZ1NhYxRF5NM0-rGPikOiRDSJB-_ix-t_qgtwML1kLzwzlSU2SVUggTAYMiz_kypo1Rr97i5u9IObTn2fYzzOkTBFeO25zS8CYx5oxvnC7pf2kB6CA" href="https://katadata.co.id/berita/2018/06/05/dapat-modal-rp-290-miliar-ev-hive-bangun-100-co-working-space-baru" rel="noopener nofollow" target="_blank">https://katadata.co.id/&hellip;/dapat-modal-rp-290-miliar-ev-hive-&hellip;</a></p>

 

<p>5. From Indonesia, EV Hive raises $20m to ride Southeast Asia&rsquo;s co-working boom<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.techinasia.com%2Fev-hive-series-a-funding-20m&amp;h=ATP057G5Zbt_5QabDDMLcOPHhZGSCGUwWTBWBqQodOuFOpShNCWzdShLINVCLVsja3QRGv5nR40huFXf3WKZd6Nj0LIt7zKT4VV5ZHJoLXlFc7P9NrZfl1EPuh0_7PQsnxlIYv2qubxz" href="https://www.techinasia.com/ev-hive-series-a-funding-20m" rel="noopener nofollow" target="_blank">https://www.techinasia.com/ev-hive-series-a-funding-20m</a></p>

 

<p>6. Indonesia&rsquo;s EV Hive raises $20m in SoftBank Korea-led round, eyes 100 locations by 202<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" href="https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.dealstreetasia.com%2Fstories%2Findonesia-ev-hive-co-working-funding-99136%2F&amp;h=ATMgL08LvFjaX5hYT6kF-yzM-xCF7my3Onv-SjwlkQTHVPBSJaihMkgSZjAeSHZsY_GcqGmlAafgCYRAsRjculQYaMnTaUNVbUvmkqCLHkg7RIKOTDwjxND5qfhspPfK3msQzlcc2ZMX" rel="noopener nofollow" target="_blank">https://www.dealstreetasia.com/&hellip;/indonesia-ev-hive-co-work&hellip;/</a></p>

 

<p>7. EV Hive raises US$20 mil in Series A funding<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" href="https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.digitalnewsasia.com%2Fstartups%2Fev-hive-raises-us20-mil-series-funding&amp;h=ATMKPMGPVGIG-pz8gxBzM2eXDjKrUnhGRggt8fYOkbTR7nzaSjA-36NKGEdtKm3JRTUbEc1_3cPeDg0033WYD41zdNNZOOGu2RpaCvpFWJdGrYI1CCMUA-Ksdt7t6EiNH8sySmTccbeA" rel="noopener nofollow" target="_blank">https://www.digitalnewsasia.com/&hellip;/ev-hive-raises-us20-mil-s&hellip;</a></p>

 

<p>8. Asia news roundup: MyRepublic bags $60m, Grab switches on accelerator, and more<br />

<a data-ft="{&quot;tn&quot;:&quot;-U&quot;}" data-lynx-mode="asynclazy" data-lynx-uri="https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.techinasia.com%2Fapac-news-05-06-2018-2&amp;h=ATMrfiPxDysv_S6eWQvxB_BK-z3uBZTb9X8_7oaRAVgFMBCzy7z8mRZSrvTE3LplMr4EHjhCj7IHVovlCP8yzJ2RI7Ai4lLRIK072bkQzAKIowYvSmTyZzEFtqcsfWeD9Xb4BUm_AqBG" href="https://www.techinasia.com/apac-news-05-06-2018-2" rel="noopener nofollow" target="_blank">https://www.techinasia.com/apac-news-05-06-2018-2</a></p>

 

<p>&nbsp;</p>

 

<p>Stay tuned for continuous update on our list of media coverage.&nbsp;</p>

 

Category: EV Hive