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Groupon to Hard Times: The Darkness Of Early Success. Part 2

Chris Chong | February 24, 2019
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    Groupon to Hard Times: The Darkness Of Early Success. Part 2
    Chris Chong

Due To A Surge In Traffic, For An Easier Experience, Listen On Spotify, Apple Podcasts, Google Podcasts, Stitcher or Podbean.

This is part 2 of a series, check out the first part, if you haven’t done so, here. Thank you to Elisha Tan from TechLadies and Facebook for guest-hosting this episode. Check out my interview with her here.

My brother and I had a startup that had just been bought out by Groupon, the world’s biggest daily deal website, for an estimated $24 million according to the Straits Times. We made it on the front page of the national newspaper, I was busy representing Groupon on breakfast TV shows and on Channel NewsAsia, while my brother was busy moving our new offices to Harbourfront Centre.

Bio:

At 20, I took a break from my law degree to co-found my first startup, Beeconomic, which was fully acquired after 6 months by Groupon.

As Groupon Singapore co-founder, we created over 200 jobs and made history by helping Groupon become “the fastest growing company ever” (-Forbes and CNBC). After Groupon, I worked on a startup that failed, which taught me important lessons along the way.

After finishing my law degree, I joined a “Top 5” law firm in Australia as a legal intern that led to an offer in their M&A advisory practice.

I then joined Hong Kong’s oldest English newspaper, the South China Morning Post, as social media editor focusing on content and marketing. After achieving strong digital growth, Jack Ma’s Alibaba acquired the newspaper. After the paper was successfully sold, I left to pursue my passion for cooking.

After culinary school, I moved to Singapore to advise a $100M Japanese VC as a full-time advisor. A highlight is our $1M investment into a fast-growing, millennial-focused news platform.

I have served as a consultant to 60+ startups and I also volunteer as a mentor at an incubator. My goal now is to pay-it-forward by sharing knowledge through my semi-autobiographical podcast. After being covered on the front page of The Straits Times, Channel NewsAsia shot a 2018 TV documentary called “Millionaire Minds: Chris Chong”.

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  • cover play_circle_filled

    01. How We Built A $24M Startup: Beeconomic To Groupon
    Christopher Chong

  • cover play_circle_filled

    02. Groupon to Hard Times: The Darkness Of Early Success

  • cover play_circle_filled

    03. The F Word: Failure, Can We Talk About It? Part 1 Feat. Elisha Tan from TechLadies and Facebook
    Elisha Tan

  • cover play_circle_filled

    04. GLOBAL HEAD QUITS CORPORATE JOB FOR STARTUP DREAM
    Damien from Peoplewave

  • cover play_circle_filled

    05. HOW I RAISED $55M FOR SUSTAINABILITY STARTUP BY STANFORD MBA, EX-MCKINSEY
    Poyan from BBP

  • cover play_circle_filled

    06. INSEAD MBA’S STARTUP CHANGES HOW WE ORDER FOOD
    Tim from Waittr

  • cover play_circle_filled

    How to Take Your Startup From Ramen to Riches – Interview by Alex Leung
    Alex Leung

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