Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

By Sarah Chen-SpellingsBusinessInvesting
Download on the App Store

Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital episodes

  • Building Legacy & The Future of Finance w/ Steve Chen & Jack Fu, Draco Evolution

    This week's episode is proudly presented by Tatler Gen.T.


    Join us for an exclusive conversation recorded live at the New York Stock Exchange with Jack and Steve, the visionary co-founders of Draco Evolution Corp. 


    On July 12th, We were on site to celebrate the groundbreaking launch of their AI-driven ETF, now trading on the NYSE. From the electrifying atmosphere of the closing bell ceremony to their journey of building global startups across Taiwan and Asia, and the innovation behind the Draco ETF designed to shape the future of finance—we cover it all in this episode. 


    Don’t miss this deep dive into the future of finance!


    TIMESTAMPS / KEY TAKEAWAYS


    0:00 - Intro

    02:18 - Draco Evolution at the NYSE Closing Bell Ceremony for their first ETF listing

    03:16 - Jack’s new chapter; Draco ETF: technology and risks

    06:47 - Steve’s moves back to Taiwan after YouTube; why Draco ETF?

    11:09 - The partnership; hedge fund background versus consumer-focused strategies

    15:31 - What’s next for Draco?

    20:07 - Building a global company from Taiwan; “they read about all the financial news and what are the ways and the bridges that we can connect outside of our island or outside of our Asia region?”

    22:54 - Lessons learned; “sometimes we focus on what we know, but we just have to leave our comfort zone,”


    Read more on:

    DRACO EVOLUTION’S STEVE CHEN AND JACK FU ON BUILDING LEGACY AND THE FUTURE OF FINANCE | Tatler Gen.T


    About Draco Capital Partners


    In 2020, Jack Fu partnered with YouTube co-founder Steve Chen to establish Draco Capital Partners. They developed low-volatility artificial intelligence investment strategies with a team of economists and engineers, shaping the fund’s operational policies.


    Since its founding, the team have managed over US$220 million in funds, achieving remarkable investment results. Draco Capital Partners goes public on the New York Stock Exchange in early 2024, introducing two products: AI Active Management ETF (DRAI ETF) and AI Matched Quantitative Trading Platform.


    The former employs AI for intelligent investment, offering unique growth opportunities and risk protection for investors through AI technology and active management strategies. The latter provides a platform for investment strategy experts and general investors to share professional knowledge and innovative investment tools, creating a unique and open quantitative investment ecosystem, bringing more opportunities and value to both parties.


    More on: https://www.dracocp.com/


    ABOUT JACK FU

    Managing Director, Draco Capital Partners


    Prior to founding Draco Capital, Jack was the Pacific Rim Managing Director of All Sun Group, where he managed a portfolio of $1.8 billion. Previously, Jack was a Senior Financial Consultant at Linsco & Private Ledge managing family offices and institutional clients. Jack began his career as a Financial Advisor at Union Bank Investment Services.


    ABOUT STEVE CHEN

    Managing Partner & Chief Technology Officer, Draco Capital Partners


    Steve builds massive strategy data center for Draco, provides algorithm, and leads the programming process for investment strategies and trading.


    Steve was the co-founder and Chief Technology Officer of YouTube. He was instrumental in building YouTube into a viral video phenomenon. He helped lead YouTube through the Google acquisition for $1.65 billion less than a year after launching the site. From 2014-2016, Steve served as an Entrepreneur in Residence at Google Ventures.


    -


    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    27 min
  • Liquidity Crunch Fuels $100Bn Secondary Market: Here's What You Need To Know

    "Secondaries are just deals with a discount?" Think again.


    In this episode, we explore how the secondary market has surged to a staggering $100 billion in transaction volume, driven by the pressing need for liquidity. Featuring Martin Fleischer, Principal of Coller Capital, and Ku Kay-Mok, Senior Partner at Gobi Partners, we talked about the explosive growth of continuation vehicles and the challenges general partners (GPs) face in navigating this dynamic market. 


    Tune in now as we unravel the complexities of the secondary market, its great opportunities, and the strategic moves that can make or break investment portfolios in these volatile times.


    TIMESTAMPS / KEY TAKEAWAYS


    0:00 - Intro

    02:04 - Introduction: Martin Fleischer, Coller Capital & Ku Kay-Mok, Gobi Partners

    04:20 - What really is the secondaries opportunity? The 100bn secondaries transaction volume driven by liquidity

    06:18 - Structures for LPs and GPs in secondaries; the market growth of continuation vehicles

    08:41 - Challenges for GPs in secondaries: pricing and carry split

    10:20 - “I think we are the necessity in this market; people want liquidity for various reasons”; CV as the third exit route for GPs

    12:50 - GP’s view: structuring exits; “theme is important for VC”; being strategic with co-investors and building liquidity

    15:17 - “Be patient if you don't want to sell”; price drop in consumer space and outdated valuations

    17:09 - Discount premium, implied valuation multiples, patient capital, and plans to drive returns

    19:51 - “The secondary market will become more and more specialized”; “the biggest constraint is capital”

    22:41 - Advice for LPs building base in the Nordics; re-industrialization and opportunities in global south


    -


    Arctic15 LP Summit 2024

    PANEL: Secondaries & Exits for This Venture Cycle

    Martin Fleischer - Principal, Coller Capital

    Ku Kay-Mok - Senior Partner, Gobi Partners

    Moderator: Sarah Chen-Spellings - Co-Founder & Managing Partner, Beyond The Billion


    -


    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    29 min
  • From Bootstrapped Startup to Finnish Tech Unicorn: RELEX Solutions' Rise w/ Johanna Småros, RELEX Solutions

    This week, we have the pleasure of speaking with Johanna Småros, co-founder of RELEX Solutions, one of Finland's leading unicorns. In our conversation, we delve into the unique path of RELEX Solutions, which was bootstrapped for more than 10 years and built “The Finnish Way” - practical and transparent.


    Tune in to today’s episode to learn more about the intricacies of global supply chain solutions, the Finnish entrepreneurial ecosystem, and why it's important to “stop stupid things”.


    Brought to you by Helsinki Partners


    Venture Nordics Program

    Now in its second edition, this 7-day program is designed for international VCs and LPs. It features exclusive networking events, introductions to Finnish LPs and VCs, curated meetings with top-performing companies, and a free ticket to Slush 2024, including LP track and access to exclusive side-events.


    Learn more and apply by 18/8!


    TIMESTAMPS / KEY TAKEAWAYS


    0:00 - Intro

    02:53 - Johanna pursuing engineering encouraged by her family; road to becoming a researcher at Helsinki University of Technology

    06:18 - The shift from academia to practical implications; starting RELEX with co-founders Mikko Kärkkäinen and Michael Falck

    11:07 - The supply chain scene in 2005 and building the infrastructure with forecasting and replenishment solutions

    15:13 - RELEX’s market entry in Finland: every client is an R&D project

    17:05 - Scaling up with Finland as an R&D hub; “You have to generalize almost at the start, which gives you an upper hand because then you're versatile.”

    20:09 - Complexities faced when starting RELEX; “it's not very helpful to have three tires in stock,” Johanna’s shift to sales, venturing into countries outside Finland

    23:17 - Choosing the right partners; “we were never like friends in that sense.”

    25:57 - The supply chain scene today with advancements in AI technology

    28:36 - From bootstrapped to private equity: one of the only Finnish companies that has raised over €800 million

    30:19 - Building and scaling a company in Finland: language and picking funders

    33:13 - The Finnish entrepreneurial ecosystem

    36:15 - The five elements of the RELEX culture; the future of RELEX

    41:29 - Billion Dollar Questions


    ABOUT JOHANNA


    It all started when Johanna joined the Logistics Research Group at Helsinki University of Technology in the late 1990s. During her years in academia, she studied several aspects of supply chain management, including inter-company collaboration, forecasting and replenishment, e-commerce, and value-added services. Her doctoral dissertation focused on collaboration between grocery retailers and suppliers, which then led her to the practical solutions that RELEX Solutions later provided for the world.


    ABOUT RELEX SOLUTIONS


    Together with two fellow researchers, Mikko Kärkkäinen and Mikael Falck, Johanna founded RELEX in 2005. RELEX has provided a means for turning research innovations into practice and further developing them by making use of the latest developments in technology, such as in-memory computing.


    RELEX helps retailers and consumer brands drive profitable growth across all sales and distribution channels by maximizing customer satisfaction and minimizing operative costs. Leading brands like Ahold Delhaize USA, Stokke, Kwik Trip, and Rossmann trust RELEX to optimize their supply chain and retail planning.


    MORE ON: https://www.relexsolutions.com/



    -


    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    45 min
  • The Power of Multigenerational Female Leadership w/ Ida Liu, Global Head, Citi Private Bank

    This week’s episode comes to you from the Wharton Women in Investing Conference 2024. On January 26, Wharton Women in Investing held its third annual conference at Convene in New York City. The conference theme was growth and good governance as investors.


    “The Wharton Women in Investing Conference epitomizes our dedication to advancing diversity and inclusion within the investment community. Our goal at the Harris Family Alternative Investments Program is not only to facilitate a rich learning environment but also to highlight the vital role of women in shaping the future of the investment landscape. By bringing together a distinguished lineup of speakers and panelists, the conference has provided our MBA students and attendees with unparalleled insights into the complexities of investing and leadership. It presented an opportunity to engage, inspire, and empower the next generation of investment leaders.” 

    - Burcu Esmer, Academic Co-Director of the Harris Family Alternative Investments Program


    The closing keynote speakers featured Global Head of Citi Private Bank Ida Liu, WG, and Sarah Chen-Spellings, Beyond The Billion Co-Founder and Managing Partner.


    Event Recap:

    https://altinvest.wharton.upenn.edu/wharton-women-in-investing-conference-2024/


    About Ida Liu


    Ida Liu is the Global Head of Citi Private Bank and a member of the Global Wealth Management Leadership team. Ida leads the Private Banking activities in 50 offices across 18 countries and delivers wealth management solutions to ultra-high net worth families and their businesses globally. Before becoming the Global Head, she was the Head of Citi Private Bank North America and held numerous other leadership roles.


    Ida created Citi Private Bank’s North America Asian Clients Group, and she started her career at Citi by launching and heading the Fashion, Retail and Entertainment Group. Before joining Citi, Ida was at Vivienne Tam, a women’s wear design house, where she was Global Head of Sales, Marketing, Public Relations and Business Development. Prior to this, Ida spent seven years in investment banking with Merrill Lynch’s mergers and acquisitions and technology, media and telecommunications investment banking groups in New York and Hong Kong. She started her career in mergers and acquisitions at BT Wolfensohn (now Deutsche Bank).


    Ida has received many industry accolades including Barron’s 10 Most Influential Women in Wealth Management, Barron’s 100 Most Influential Women in U.S. Finance, Crain’s Notable Women on Wall Street and American Banker’s 25 Most Powerful Women in Finance. Additionally, Ida is a Young Global Leader (YGL)

    of the World Economic Forum, a member of The Committee of 100 (C100) and Young Presidents’ Organization (YPO). Ida serves on the UCLA Health Advisory Board as well as the Asia Society Board.


    Ida holds a BA with honors from Wellesley College and an MBA from the Wharton School, University of Pennsylvania. She is fluent in Mandarin Chinese, Spanish and conversant in Russian.


    FOLLOW IDA | https://www.linkedin.com/in/idaliu/


    -


    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    37 min
  • [REPLAY] The Power of Making Big Bets with Dr. Rajiv Shah, Rockefeller

    Dr. Raj Shah's journey comprises numerous transformative endeavors, spanning his roles at the Bill and Melinda Gates Foundation, USAID, to his current position as President of the Rockefeller Foundation. 

    In his publication, "Big Bets: How Large-Scale Change Really Happens," he illuminates the power of the big bet mindset—a belief that addressing problems boldly, rather than settling for incremental improvements, attracts partners capable of achieving transformational change. 

    In this week's episode, we had the honor of exploring the significant big bets he made throughout his career. The shared big bet mindset aims to inspire leaders at every level to reimagine possibilities on a grand scale. You won't want to miss this.


    TIMESTAMPS

    0:00 - Intro

    02:23 - Who is Raj Shah? From med school to volunteering at Al Gore’s presidential campaign, joining the Bill & Melinda Gates Foundation, Obama’s administration, and then the Rockefeller Foundation

    07:44 The big bet mindset: avoiding aspiration trap

    10:03 Status of global philanthropy in US today

    13:37 Revolutionary technologies and innovative solutions to address hunger and poverty in countries like India, Nigeria, and parts of Latin America

    17:14 Risk-taking and building unlikely partnerships and alliances; overstepping authority at Gates Foundation

    20:06 The 3 core ingredients of a big bet mindset

    22:06 Leadership and taking a stand; working with Mitch Landrieu and the Confederate statues

    25:05 Risk-taking and adopting the big bet mindset to solve global issues; e.g., the child refundable tax credit in the US

    27:43 Role of charity: where do philanthropists get things wrong?

    31:03 What does rejection feel like for Raj Shah? And how to keep going?

    35:48 Billion Dollar Questions

    -

    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    41 min
  • Beyond ChatGPT: AI Insights and Impact w/ OpenAI, Google DeepMind, and Trill Impact

    This week’s episode is fresh out of the oven! The Family Office Alliance Stockholm Symposium took place about a week ago.

    In one of the panels titled "Purposeful Investing in AI," Sarah Chen-Spellings moderated a discussion on AI and impact investing with an emphasis on women's perspectives. She was joined by esteemed panelists Dorothy Chou from Google DeepMind, Sandro Gianella from OpenAI, and Nina Rawal from Trill Impact Ventures.

    In this discussion, we delve into the fascinating world of AI and its impact on various industries. We explore the rise of generative AI like ChatGPT, the importance of identifying AI-centered innovations that are genuinely impactful, and the potential risks associated with AI's rapid growth. We've covered it all.


    TIMESTAMPS / KEY TAKEAWAYS

    0:00 - Intro

    5:16 - Where AI is Today: Discussing generative AI such as ChatGPT and more scientific applications.

    10:26 - Is This a Hype Cycle?: How are we positioning ourselves as investors?

    13:21 - Identifying AI-Centered Innovations: How to spot innovations that are truly grounded in power and committed to purpose.

    16:17 - The Extinction Risk with AI Growth: What guardrails and institutions are needed? Comparing OpenAI and Google.

    27:12 - Accountability in Investments: Balancing financial returns with meaningful outcomes.

    32:51 - API Version of AI: Is it better or worse?

    35:06 - Balancing Advancement and Ethics

    37:50 - Closing Remarks: Building trust between humans and the digital world, redefining what constitutes a safe or good investment in AI, and discussing the incentives created by investments.

    -

    Quotables from the event:


    "As a life science investor, I see the endless opportunities AI offers when it comes to understanding human disease. I would argue that it's unethical to not explore AI in making the untreatable diseases treatable." —Nina Rawal, Trill Impact


    "There's a lot of fear around AI, but as someone close to the work, I'm not worried. The lesson of the last decade isn't to avoid the tech platforms—it's to structure them the right way with the right people around the table, and that's a constant learning." —Sandro Gianella, OpenAI


    “Let’s not forget what’s important is also not what gets invested but who gets invested in.” —Dorothy Chou, Google DeepMind 


    About Family Office Alliance

    The Family Office Alliance is established by Principals of Family Offices in Europe and Singapore. We believe that with resilience and common purpose, global challenges can be transformed into uncommon opportunities. It is a bridge of trust for radical collaboration between Family Offices in Europe and Asia.

    -- Family Office Alliance


    The Family Office Alliance Stockholm Symposium | Event Recap


    -

    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    43 min
  • [Replay] LP view: The Art & Science of Building in Venture w/ Lisa Edgar, Top Tier Capital

    What distinguishes the standout figures in the world of venture capital from those who aren’t?

    "𝐒𝐨𝐦𝐞𝐭𝐢𝐦𝐞𝐬 𝐢𝐭'𝐬 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭, 𝐛𝐮𝐭 𝐦𝐨𝐬𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐭𝐢𝐦𝐞, 𝐢𝐭'𝐬 𝐭𝐡𝐞 𝐩𝐞𝐨𝐩𝐥𝐞."

    Currently serving as the Partner Emeritus at Top Tier Capital Partners, Lisa describes her journey as "serendipitous" and filled with unexpected twists.

    Join us as we explore the realm of venture capital through Lisa Edgar's eyes. It's about nurturing relationships, establishing a solid foundation, and going beyond.

    Timestamps

    0:00 - Intro

    01:15 - Views on current global venture market, Finland & ecosystem in Europe

    03:15 - Lisa's journey from hospitality to venture

    06:57 - Common mistakes when starting and the importance of relationship building

    09:23 - Hard & soft skills that make GP successful

    10:07 - Lisa's time at Horsley Bridge Partners; access plays and transitions

    11:05 - What makes an enduring franchise; Benchmark's strategy in building

    14:57 - Lisa's move to build Top Tier Capital Partners

    17:46 - Living up to the name "Top Tier" and the mantra "leadership, trust, transparency and Respect

    22:45 - Key to building infrastructure

    24:40 - Access focused strategy, portfolio diversification

    27:22 - Vision in fund evaluation and checklist for portfolio

    32:15 - Strategies in fund of funds; criteria for success as fund manager

    35:16 - Is fund of funds worth it?

    39:32 - Access play: key learning and mistakes

    43:19 - Lisa's thoughts on current market and how to cope as a team

    46:28 - LP's view on ensuring GP's ethics

    50:41 - Opportunities for people of color in the LP's world

    51:50 - Lisa' next move

    -

    ORIGINAL EPISODE:

    https://www.youtube.com/watch?v=dY94C26V0Vs

    -

    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves

     

    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal


    52 min
  • From Idea to Impact: Creating a $20 Million Fund During Crisis w/ Mike Moradi, Cortado Ventures

    𝐎𝐤𝐥𝐚𝐡𝐨𝐦𝐚-𝐛𝐚𝐬𝐞𝐝 𝐂𝐨𝐫𝐭𝐚𝐝𝐨 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬 𝐫𝐚𝐢𝐬𝐞𝐬 $𝟐𝟎𝐌 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐩𝐚𝐧𝐝𝐞𝐦𝐢𝐜 - how did this happen?

    This week’s episode features Mike Moradi, one of the GPs of Cortado Ventures, also the co-founder and also a portfolio company CEO, the CEO of Sensulin, where the company Sensulin is developing a glucose responsive insulin which will drastically reduce the number of injections diabetes patients will have to take.

    Our conversation is wide ranging from how he first got the entrepreneurial bug, which landed him a $10 million exit at 25 years old, to then leading $10 million in six weeks for Cortado’s fund one, and what's broken in America's health care system.


    TIMESTAMPS / KEY TAKEAWAYS

    0:00 - Intro

    2:17 - Growing up with diversity and the entrepreneurial bug

    5:26 - The culture and diversity scene in mid-continent America; Oklahoma VS Bay Area

    8:52 - From dentistry to failing first company, then landed a $10 million exit at 25 years old

    11:35 - The key to successful exit and ‘superpower’ as a serial entrepreneur

    13:14 - Addressing diabetes and insulin: building Sensulin

    18:23 - Challenges as the CEO of Sensulin

    20:52 - Where life sciences is today: innovation and it’s consequences; AI and healthcare

    24:24 - Why is healthcare broken in America?

    25:40 - James Rogers; incentive structures between different stakeholders 

    28:19 - Advice to entrepreneurs building B2B SaaS company; be the clock maker

    29:34 - Cortado Ventures: raising $10 million in six weeks during pandamic

    32:05 - Reason behind Cortado fund I success; the room for innovation In times of great disruption

    34:29 - What makes a good fund? Common mistakes made by fund managers

    39:24 - Takeaways from both sides of the table: GP for Cortado Ventures and CEO of Sensulin

    41:56 - Billion Dollar Questions 


    About Mike Moradi

    Mike Moradi is an American biochemist, entrepreneur and diabetes advocate. Mike is a co-founder / CEO of Sensulin, a company that strives to provide a once-a-day solution for type I/II diabetics. He has founded or helped establish more than a dozen nanotechnology and biotechnology companies.

    MORE ABOUT MIKE:

    https://www.linkedin.com/in/mikemoradi

    https://en.wikipedia.org/wiki/Mike_Moradi

    -

    PODCAST INFO:

    Podcast website: https://billiondollarmoves.com

    Watch on Youtube: https://tinyurl.com/sarahchenglobal

    Join the community: https://sarah-chen.ck.page/billiondollarmoves


    FOLLOW SARAH:

    LinkedIn: https://linkedin.com/in/sarahchenglobal

    Instagram: https://instagram.com/sarahchenglobal

    Twitter: https://twitter.com/sarahchenglobal

    46 min
  • Funding Founders Forward: Fueling Women-Led Innovation

    Let’s make things tangible - how do we challenge the status quo with actions?

    Beyond The Billion returned to Austin earlier this year in partnership with Dell Technologies, Dell Women’s Entrepreneur Network, Dell For Startups, and Intel, to convene some of America’s leaders in both venture capital and entrepreneurship to kick off SXSW and International Women’s Day.

    Against the backdrop of a decline in VC funding to all-women founding teams in 2023, funders and founders convened to discuss key strategies to continue to address what needs to be done.

    In this episode, we feature esteemed speakers from the panel, including Dr. Molly Morse of Mango Materials, Dr. Lana Feng of Huma AI, Lisa Song Sutton of The Veteran Fund, and Lizanne Atherly of Beyond The Billion, who generously shared their journey — the highs, lows, and the lessons learned along the way.


    Key takeaways from the Funding Founders Forward panel:
    • Are your investment strategies contributing to the growth of women entrepreneurs?
    • Who are your stakeholders and their stakeholders?
    • Are you assertive enough?
    • Do you understand your clients' needs?

    • Full Recap: https://beyondthebillion.com/dell-austin2024/


      About Beyond The Billion

      Led by Co-Founders and Managing Partners Shelly Porges and Sarah Chen-Spellings, Beyond the Billion (BTB) mobilized over US $1billion in its first nine months from their original 86 Fund Partners who today number 123 including Texas-based True Wealth Ventures, Ajim Capital, and the Artemis Fund.

      Within the first two years, BTB’s Fund Partners around the world invested over US $638million into almost 800 women-founded companies (WFCs), with fourteen of those now having been identified as unicorns, including a notable few with Austin roots: Everly Health and Canva. As importantly, a subset of those almost 800 deals (479) went on to raise almost US $4billion, demonstrating the catalytic effect of breaking the funding barrier for so many early-stage WFCs.

      MORE ABOUT BTB: https://beyondthebillion.com/

      -

      PODCAST INFO:

      Podcast website: https://billiondollarmoves.com

      Watch on Youtube: https://tinyurl.com/sarahchenglobal

      Join the community: https://sarah-chen.ck.page/billiondollarmoves


      FOLLOW SARAH:

      LinkedIn: https://linkedin.com/in/sarahchenglobal

      Instagram: https://instagram.com/sarahchenglobal

      Twitter: https://twitter.com/sarahchenglobal

      36 min
    • Unlocking $500Bn Market Opportunity: Cybersecurity w/ Sidra Ahmed Lefort, Munich Re Ventures

      Munich Re Ventures is the venture capital group of Munich Re, the world's largest reinsurance company and a leading global provider of primary insurance and insurance related resolutions. 


      Now Munich Re Ventures is a billion plus platform that is financially driven while focusing on the strategic interests of Munich Re. In this episode, Sidra Ahmed Lefort, Investment Director, Munich Re Ventures, takes us on a deep dive into the landscape of cybersecurity, artificial intelligence and health care.


      Tune in to today’s episode to learn about everything from pricing mistakes VCs make, market trends, access, acquisitions on the ground, and how valuations and mindsets are shifting.


      TIMESTAMPS / KEY TAKEAWAYS

      0:00 - Intro

      02:15 - What makes Sidra changed the trajectory of her career

      06:28 - What do investors from the East get wrong in investing in America?

      08:30 - The dual mandate of EDBI; lessons learned from government’s technology investment strategy

      11:08 - The structure and mandate of Munich Re Ventures; what works in the structure?

      15:20 - Interest in adopting AI in cybersecurity and healthcare; market size for cyber

      20:09 - Opportunities at the intersection of health tech and FinTech; Quantile Health

      22:29 - The anti-portfolio: missing out on CrowdStrike

      23:41 - Strategy for portfolio construction; follow-on funding

      27:48 - Valuations in cyber and healthcare; how investors should be thinking about this investment cycle

      31:01 - Exits landscape for cyber and healthcare

      34:06 - What needs to change in venture? What is holding women from rising to the senior ranks?

      36:05 - Billion Dollar Questions


      About Sidra

      Sidra focuses on cybersecurity, digital health, and insurtech opportunities globally. Previously, she was with the VC arm of Singapore Economic Development Board (EDBI). While at EDBI, she served on the board of directors of Gobalto (acquired by Oracle) and served as a board observer to Shape Security (acquired by F5), Livongo (NASDAQ: LVGO), and MetricStream. She joined EDBI from Nanostart, supporting investments in nanotechnology companies in Europe and Asia. Sidra started her technology-focused career in intellectual property at the National University of Singapore, where she played an instrumental role in identifying key technologies for the Life Science department. She received her degree in biomedical science from National University of Singapore and is based in San Francisco.


      FOLLOW SIDRA:

      https://www.linkedin.com/in/sidra-ahmed-lefort/ 

      https://www.munichre.com/ 

      https://edbi.com/

      -

      PODCAST INFO:

      Podcast website: https://billiondollarmoves.com

      Watch on Youtube: https://tinyurl.com/sarahchenglobal

      Join the community: https://sarah-chen.ck.page/billiondollarmoves


      FOLLOW SARAH:

      LinkedIn: https://linkedin.com/in/sarahchenglobal

      Instagram: https://instagram.com/sarahchenglobal

      Twitter: https://twitter.com/sarahchenglobal

      41 min

    About Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

    From the publisher's feed

    Conversations with billionaires, unicorn founders, and the world’s leading funders.

    More shows like Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

    The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

    540 Listeners

    Startups For the Rest of Us by Rob Walling

    Startups For the Rest of Us

    699 Listeners

    Entrepreneurs on Fire by John Lee Dumas of EOFire

    Entrepreneurs on Fire

    3,828 Listeners

    Founders by David Senra

    Founders

    2,202 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    576 Listeners

    Y Combinator Startup Podcast by Y Combinator

    Y Combinator Startup Podcast

    226 Listeners

    The Game with Alex Hormozi by Alex Hormozi

    The Game with Alex Hormozi

    4,457 Listeners

    How to Take Over the World by Ben Wilson

    How to Take Over the World

    843 Listeners

    My First Million by Hubspot Media

    My First Million

    2,645 Listeners

    The Startup Ideas Podcast by Greg Isenberg

    The Startup Ideas Podcast

    211 Listeners

    Marketing Against The Grain by Hubspot Media

    Marketing Against The Grain

    358 Listeners

    Moneywise by Hampton

    Moneywise

    658 Listeners

    The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

    The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

    262 Listeners

    BigDeal by Codie Sanchez

    BigDeal

    928 Listeners

    The Next Wave - AI and The Future of Technology by Mindstream (Hubspot Media)

    The Next Wave - AI and The Future of Technology

    55 Listeners