![]() ![]() ![]() ![]() As Iterative co-founder Brian Ma is quick to note, the vast majority of the 676 million people who live in Southeast Asia are now internet users - and spending their money online. It's easy to appreciate Iterative's interest in the region. But Iterative, which describes itself as a YC-style accelerator focused exclusively on Southeast Asia, says the $10 million it has raised from a cadre of Silicon Valley bigs - including investor Andrew Chen of Andreessen Horowitz, Chi-Hua Chien of Goodwater Capital, and Qasar Younis, the co-founder of Applied Intuition and former COO of Y Combinator - is enough to make its mark on the region, where it's been writing checks to nascent startups over the last 18 months. By today's standards, $10 million isn't a lot of capital to invest.
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