Why planning your exit strategy is so important

Why planning your exit strategy is so important

By Christopher Quek I often pose this question to startups who come to our advisory sessions, “What is your exit plan for the company in 3 years?”. In response, there are often blank faces. Some reply with this question, “Why should we exit in 3 years? We will be working on it and making lots of money with our business!” or “We like what we are doing and we are going to retire with this business”. In the past, I as an entrepreneur wouldn’t be concerned with an exit strategy as I…

Your IP questions answered by legal director of Singapore’s Intellectual Property Office

Your IP questions answered by legal director of Singapore’s Intellectual Property Office

For many startup founders, getting day-to-day operations going—product development, marketing, fundraising, and hiring—consumes most of their time. The last thing they need is another issue to think about. But when team members leave your startup and take valuable IP (intellectual property) along with them, it might be prudent to pause and consider the issues of IP. In this article, I collated a list of questions from the Tech in Asia Community about IP and asked Trina Ha, director of the legal department of the Intellectual Property Office of Singapore (IPOS), for…

How to successfully build connections in the startup world

How to successfully build connections in the startup world

I remember years back, when a good friend from university was desperately looking for a high level finance job. She asked me to introduce her to my contact, Uncle E, who was a high-level senior in a local bank. He was an old family friend and I willingly did the introduction, since I knew that my friend was qualified. But I failed to ask whether she sincerely wanted the job. Due to our long-time friendship, Uncle E took the time to personally interview her and gave her a job with great career prospects. To…

A-Smart in Focus

A-Smart in Focus

A-Smart in Focus (2017-08-21) close: S$0.695 Mean Target price: No research houses covering A-Smart. No consensus estimates is available 1. Sector: Print Management 2. Core business structure: Time-sensitive financial printing, conceptualisation, design, copywriting, translation, typesetting, colour proofing, printing, post-press packaging, global distribution and delivery. 3. Segment that generates the highest revenue: Print media 4. Countries that the business operates: China and Hong Kong, Singapore, Malaysia 5. Challenges: Operating deficit of S$1.4 million experienced by their dissociated firms and accompanying loss incurred by them. 6. Strengths: The group restructured their overall…

It’s not the pitch or the plan, it’s you

It’s not the pitch or the plan, it’s you

By Christopher Quek When asked “What is first thing that you consider before making an investment in a tech startup?”, many seed investors, including myself, give the cliché line “It is the entrepreneur.”, but it is unfortunately the truth. It is a privilege to talk to over 450 startups in 1-1 free advisories at AGA and hearing another 100 or so who sought seed funding with Tri5 Ventures. But honestly, I sometimes dread hearing the same old drone of pitching by entrepreneurs with the same verticals, similar ideas, and go-to-market plans. Don’t get…

Sins of Investing – Gluttony (Part 6)

Sins of Investing – Gluttony (Part 6)

Having covered Sin 5: Wrath in the previous article, I will be covering on Gluttony in today’s article. Sin 6: Gluttony – Living for today Lets face it, we all give in to instant gratification from time to time. How often are we able to delay gratification for the sake of the longer term? Perhaps putting off the many creature comforts / luxuries when we are younger so as to be able to save and invest that amount for the longer term. While it may seem little, but accumulated, it could mean quite a…