Patrick Grove builds the Netflix of Asia at a breakneck pace
Australia's most successful entrepreneur in south-east Asia is hard to catch as he develops his most ambitious business yet.
"Have faith, buddy, have faith," Patrick Grove, pictured in Singapore, says when asked how he's coping with the stumbling blocks. Scott Woodward
In 2000, Patrick Grove and a mate from university were preparing to list their company on the ASX. With little more than a business plan to create a Yahoo!-style web portal for Asia, the pair had already raised $20 million from dotcom-delirious investors. On the frothiest analysis, their company was worth $1 billion.
Then, on the first day of their pre-float roadshow, the Nasdaq went into freefall. “We'd been driven to this flashy hotel in Hong Kong in a limo. At the end of the week, we got the train back to the airport,” Grove recalls.
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