Franco Varona, who co-founded Foxmont Capital Partners, explains why the Philippines is worth investing in and how to tell if a tech startup is worth an investment
Franco Varona is a prolific name in the Philippine startup scene. Part of the 2023 Gen.T Tribe, the panel of industry experts that decide who makes it to this year’s Tatler Gen.T List, he is also the co-founder and managing partner of early-stage venture capital firm, Foxmont Capital Partners. The company has under its belt an impressive portfolio of the country’s most recognisable technology startups. These include food and lifestyle partner, Booky, popular cloud kitchen, Kraver’s Canteen, and coffee behemoth, Pickup Coffee.
“Our fund’s philosophy is being a fund for entrepreneurs by entrepreneurs,” says Varona. “The value of having a local VC on board is that we understand first-hand the…
