More good news for Southeast Asian startups: Venturra Capital, a new Jakarta, Indonesia-based venture firm, announced a $150M fund this morning dedicated to the region. The fund, which has already quietly closed 10 deals across Southeast Asia, will back startups in various markets at both the seed and Series A/B stages. The announcement comes less than three months after Golden Gate Ventures raised a $50M Southeast Asia-specific fund, and just a few weeks after Singapore-based Jungle Ventures announced a new $100M fund. Mahesh Vellanki of Redpoint identifies a fundamental disconnect between consumer marketplace valuations in the public and private markets. Digging into the data is very sobering, he says, when you compare the relatively low valuations of successful public companies such as HomeAway, GrubHub and Yelp to comparable companies on the private billion-dollar valuation list. On that same sobriety note, this morning Fortune's Dan Primack described a chill in the air after meeting with an assortment of Silicon Valley's senior venture capitalists, bankers, and entrepreneurs. The party isn't entirely over, Primack said, but you can hear someone shouting "last call."
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