There’s never a better time to be an entrepreneur because of the widely available funding today. But who should you pitch to and what do they expect?
Co-founder of Fintech Nation and adviser to the NUS Alumni Ventures Vanessa Ho, shares more.
Two common funding options that startup owners can choose from - angel investors or venture capitalists. (File photo: iStock)
Here's an excerpt from the podcast:
Andrea Heng:
So the majority of us are salaried workers, right? But we've heard of two terms, angel investors and venture capitalists. You are in a unique situation where you're involved in both. Using a simple analogy, describe the biggest difference between the two.
Vanessa Ho:
I think people talk about your first fundraising round, like raising from the three Fs: Friends, family, and foes.
Angel investors are not too far away from friends, family, and foes. If you want to compare angel versus VC (venture capitalists), angel investing - investing in one stock, like an NVIDIA stock or Microsoft stock. VC - like a mixed portfolio, like a mutual fund or ETFs.
You have a certain structure to do it, and you can expect stable returns because your TV and movies will do at least x amount of reach and awareness, but you may or may not get the moonshot opportunity like the angel investors.
Andrea:
Okay, that's a really interesting way of putting it. So, when it comes to picking the company to invest in, how different is the strategy for an angel investor compared to a venture capitalist?
Vanessa:
Most angels that I meet because of my work at NUS Alumni Ventures and Fintech Nation Fund as well, they don't exactly have a clear strategy in terms of investing, and even for myself, I know what I can do better and what I don't, but it's not so much a formula.
I invest in things that I understand and that I can add value to as an angel investor.
Find more episodes of Money Talks here.
A new episode of Money Talks drops every Tuesday. Follow the podcast on Apple or Spotify for the latest updates.
Have a great topic for us? Drop the team an email at cnapodcasts [at] mediacorp.com.sg
Source: CNA/ty
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Co-founder of Fintech Nation and adviser to the NUS Alumni Ventures Vanessa Ho, shares more.
Two common funding options that startup owners can choose from - angel investors or venture capitalists. (File photo: iStock)
Here's an excerpt from the podcast:
Andrea Heng:
So the majority of us are salaried workers, right? But we've heard of two terms, angel investors and venture capitalists. You are in a unique situation where you're involved in both. Using a simple analogy, describe the biggest difference between the two.
Vanessa Ho:
I think people talk about your first fundraising round, like raising from the three Fs: Friends, family, and foes.
Angel investors are not too far away from friends, family, and foes. If you want to compare angel versus VC (venture capitalists), angel investing - investing in one stock, like an NVIDIA stock or Microsoft stock. VC - like a mixed portfolio, like a mutual fund or ETFs.
You don't have a structured mandate where you can only do this amount of content in this brief and then some things may go viral, and then some things fail.
You have a certain structure to do it, and you can expect stable returns because your TV and movies will do at least x amount of reach and awareness, but you may or may not get the moonshot opportunity like the angel investors.
Andrea:
Okay, that's a really interesting way of putting it. So, when it comes to picking the company to invest in, how different is the strategy for an angel investor compared to a venture capitalist?
Vanessa:
Most angels that I meet because of my work at NUS Alumni Ventures and Fintech Nation Fund as well, they don't exactly have a clear strategy in terms of investing, and even for myself, I know what I can do better and what I don't, but it's not so much a formula.
I invest in things that I understand and that I can add value to as an angel investor.
Find more episodes of Money Talks here.
A new episode of Money Talks drops every Tuesday. Follow the podcast on Apple or Spotify for the latest updates.
Have a great topic for us? Drop the team an email at cnapodcasts [at] mediacorp.com.sg
Source: CNA/ty
Get the CNA app
Stay updated with notifications for breaking news and our best stories
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