My Worst Investment Ever Podcast

Kevin Sutantyo - You Have to Back the Right Founders


Listen Later

BIO: Kevin Sutantyo is the Partner for South East Asia investments for Sovereign’s Capital, a venture capital fund focused on early-stage, tech-driven, scalable companies.

STORY: Kevin invested in a company, thinking that he had more influence over the outcome of the company than he actually did. So, he directed the company owners on what to do, making them over-dependent on Kevin’s opinion. As an investor, he wasn’t always in the office, so sometimes he wouldn’t be reachable. The company would get stuck without Kevin’s decision.

LEARNING: You have to back the right founders. As investors, you’re here to guide companies, not to be prescriptive. The founders ultimately have to make final decisions because it’s still their company.

 

“As investors we’re here to guide companies, but not be prescriptive. We need to help them when they ask for our help.”Kevin Sutantiyo

 

Guest profile

Kevin Sutantyo is the Partner for South East Asia investments for Sovereign’s Capital, a venture capital fund focused on early-stage, tech-driven, scalable companies.

Kevin was an active Angel investor in both the US and SEA prior to his work at Sovereign’s Capital.

He was an operator/investor for four years at an environmental biotechnology company focused on waste management.

Kevin also has experience with the Indonesian public markets as a Commissioner at a local Indonesian securities brokerage, maintaining a fit and proper standing with the Indonesian regulator (Otoritas Jasa Keuangan).

Worst investment ever

Kevin’s worst mistake was investing in a company and thinking he had more influence over the company’s outcome than he actually did. For some reason, Kevin thought he was more experienced and knew better, so he directed the company owners on what to do. This made them over-dependent on Kevin’s opinion. As an investor, he wasn’t always in the office, so sometimes he wouldn’t be reachable. The company would get stuck without Kevin’s decision.

Lessons learned
  • You have to back the right founders.
  • As investors, you’re here to guide companies, not to be prescriptive. Help them only when they ask.
  • The founders ultimately have to make final decisions because it’s still their company.
  • Realize that your influence may have some limitations.
  • Trust the founder.
  • Endeavor to be in a helpful position instead of a combative one, even when you and the founder have a difference of opinion.

Andrew’s takeaways
  • As an angel investor, your responsibility is to provide ideas and outside views.

Actionable advice

Don’t be a burden to the company. Take the approach that you’re investing in someone’s hopes, dreams, and mission and are here to support it. If you don’t believe in those hopes, dreams, and missions, don’t invest. Wait until you find another company that will align with precisely what you are looking for.

No.1 goal for the next 12 months

Kevin’s number one goal for the next 12 months is to continue with the fundraising trail. At the same time, he’ll continue looking for new, high-growth, and potential startups in Southeast Asia.

Parting words

 

“Be excited about the investment space and innovation. Get in there, and keep building. Our region is exciting, and I do see a bright future ahead.”Kevin Sutantiyo 

[spp-transcript]

 

Connect with Kevin Sutantiyo
  • Linkedin
  • Website

Andrew’s books
  • How to Start Building Your Wealth Investing in the Stock Market
  • My Worst Investment Ever
  • 9 Valuation Mistakes and How to Avoid Them
  • Transform Your Business with Dr.Deming’s 14 Points

Andrew’s online programs
  • Valuation Master Class
  • The Become a Better Investor Community
  • How to Start Building Your Wealth Investing in the Stock Market
  • Finance Made Ridiculously Simple
  • FVMR Investing: Quantamental Investing Across the World
  • Become a Great Presenter and Increase Your Influence
  • Transform Your Business with Dr. Deming’s 14 Points
  • Achieve Your Goals

Connect with Andrew Stotz:
  • astotz.com
  • LinkedIn
  • Facebook
  • Instagram
  • Threads
  • Twitter
  • YouTube
  • My Worst Investment Ever Podcast

...more
View all episodesView all episodes
Download on the App Store

My Worst Investment Ever PodcastBy Andrew Stotz

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

62 ratings


More shows like My Worst Investment Ever Podcast

View all
WEALTHTRACK by Consuelo Mack

WEALTHTRACK

268 Listeners

Money Tree Investing by Money Tree Investing Podcast

Money Tree Investing

646 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

930 Listeners

Behind the Markets Podcast by Behind the Markets

Behind the Markets Podcast

107 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, Mark McGrath, and Dan Bortolotti

The Rational Reminder Podcast

423 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

576 Listeners

The Long View by Morningstar

The Long View

848 Listeners

Sound Investing by Paul Merriman

Sound Investing

324 Listeners

Excess Returns by Excess Returns

Excess Returns

69 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,342 Listeners

Risk Parity Radio by Frank Vasquez

Risk Parity Radio

229 Listeners

The Business Brew by Bill Brewster

The Business Brew

245 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

384 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

132 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

363 Listeners