Episode 3: Business Angels, AI, and 20X Returns - Analysing the MBAN Summit 2024

0:00 Introduction
1:55 Background of guests Omar Fateh and Alvin Chin
12:48 Fireside chat with Marcus Tan, Carousell co-founder
23:41 Early stage investing trends in Malaysia
30:30 Role and impact of MBAN (Malaysian Business Angel Network)
39:39 Secondary market for unlisted shares
53:47 Can angels make 20x returns on investments?
56:51 Pitching to angel investors and feedback
1:05:54 Impact investing panel discussion
1:22:11 Deep Tech opportunities in Penang
1:23:52 Potential of homegrown startups
1:32:31 Supercharging Malaysia's startup ecosystem
1:39:06 Generative AI, impact and angel investors
1:44:41 Enter the Tiger's Lair pitching competition
1:59:22 Public-Private Partnership: Feedback on MBAN's role
2:08:34 Closing thoughts and advice for entrepreneurs

Welcome to Soonicorn Nation: a podcast for entrepreneurs by entrepreneurs, brought to you by the Soonicorn Collective. The Soonicorn Collective is a peer-to-peer leadership and learning community for mature & growth stage entrepreneurs. While our in-person and live engagements are exclusively for members only, we believe that the knowledge gained and the lessons learnt should be shared across the wider ecosystem and society at large.

And that's how this podcast was born. We hope these learnings will accelerate your entrepreneurial journey and perhaps, pave your way to becoming Malaysia's next Soonicorn.

In episode 3, we discuss the learnings from recent live engagements of the collective with Carousell co-founder Marcus Tan ($1B+ unicorn). We also analyse the recent MBAN Summit and explore what it means to be an angel investor.

"When it comes to angel investors, you're not auditioning - you're interviewing. Remember, it's the market, not their checkbook, that will ultimately validate your entrepreneurial vision.”

About the host:

Mohamed "Mo" Tarek El-Fatatry is a Finnish-Egyptian entrepreneur who is the founder of ERTH (Electronic Recycling Through Heroes). Mo's entrepreneurship has garnered international recognition, including his inclusion among Asia's Most Influential figures, the World's Most Influential Muslims and the recipients of the Internationalization Award of the President of Finland.

About the guests:

Omar Fateh is an investment professional with over 20 years’ experience spanning private equity, venture capital, impact investing, social enterprises and corporate finance. Omar is currently a Global Advisory Board Member at Wild Asia, a Malaysian social enterprise focusing on improving livelihoods and sustainability amongst palm oil smallholders. In his prior role at Dana Impak in Khazanah Nasional Berhad, he focused on impact investing, supporting corporate innovation and working with the venture capital ecosystem.

Alvin Chin led the finance and strategy function in his previous tenure in B2B travel-tech venture-backed (Golden Gate, Monk’s Hill and Gobi) startup GoQuo and engineered an exit for the shareholders. He spent his early working career with KPMG and PwC in Assurance services involving in various business industries such as hospitality and casino gaming, manufacturing, FMCG and oil and gas clients. Experienced in consumer travel industry, he also led the Finance team at Tune Hotels before joining GoQuo.

DISCLAIMER: “The opinions, views, and content expressed on the Soonicorn Nation podcast are those of the entrepreneurs and guests featured and do not reflect the official policies or positions of Proficeo Consultants, Penjana Kapital, or the rest of the Soonicorn Collective.”

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