“The sad reality is that bribery exists in Southeast Asia and other emerging markets. People need to be aware that it happens. There are different types, and it appears at various levels. I tend to look at it from the perspectives of the supply side, the demand side, and even the founder side. The most common scenario is on the demand side, where people compete for contracts and try to win business. In these cases, someone might ask for a cash incentive. The legal version of this often manifests as promotions or cashback offers.” – Jeremy Au, Host of BRAVE Southeast Asia Tech Podcast
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#StartupFraud #VC #VentureCapital #SoutheastAsia #DueDiligence #FoundersEthics #FraudPrevention #KickbacksAndBribery #BRAVEpodcast
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