In this conversation, Jed Ng discusses his journey from tech operator to angel investor, sharing insights on investment strategies, geographic focus, and the challenges startups face in different markets. He emphasizes the importance of having a clear exit strategy, understanding cultural differences, and the necessity of building a local team for successful market expansion. The discussion also highlights the role of angel networks in fostering a diverse investment ecosystem and the need for startups to have a deliberate approach to growth.

Takeaways

• Jed Ng transitioned from tech operator to angel investor.
• He runs an angel network with 1400 investors globally.
• Investors should have a focus thesis.
• Startups need a clear exit strategy for investors.
• Cultural and regulatory challenges vary by region.
• Singapore's small market requires startups to plan for offshore expansion.
• Companies must internalize control in new markets.
• Market expansion requires a deliberate plan.
• Testing the market with partners is crucial.
• A well-thought-out strategy is key to avoiding failure.

Chapters

00:00 Introduction to Angel Investing and Networking
02:49 Navigating Market Expansion for Startups
05:22 Challenges of Scaling in Diverse Markets
08:02 Strategies for Successful Market Entry