Understanding VC is a deep dive on how Venture Capitalists work. In this episode, I talk to Peng T. Ong, Co-Founder and Managing Partner at Monk’s Hill Ventures on first principles thinking, what it takes to raises a Series A round, the importance of the board of directors, questions founders should ask VCs while pitching to them, how Monk’s Hill Ventures support their portfolio companies, and strategies startups use while expanding their business to different countries in Southeast Asia. He also shares why being an entrepreneur is the best decision that he has made, and why AI and bioengineering are the most important technologies for the future of mankind.