How start-ups glide with new finance mechanism
Neil Foo | 25 Jan 2019 00:30
The term new finance has long been used in America, especially among technology companies. It is the tool of capitalists and investors who look for both money and talent. This method has been widely capitalised by China,Taiwan, Hong Kong, Singapore and Israel for their start-up companies and small and medium enterprises (SMEs).
Entrepreneurs know the leverage and power of the capital market, which is available for them to scale. Being the pioneer, I have helped start-ups and SMEs to look for alternate sources of funding.
We have gone through more than 200 pitch-decks (business proposals) and helped 20 companies find funding success. Among them are Dental Chain, Hotel Management, Ice Cream Factory, Steam Boat Chain, and Apps. The fund size was from RM200,000 to RM14 mil.
Looking to the ROI
Angel funding is mostly derived from high-net-worth individuals; equity crowd funding (ECF) sources funds openly from the public, while venture capitalists (VCs) are investment institutions.
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