The Founders Peak

According to data from Carta, which provides services to private companies, #startup shutdowns are rising sharply, even as billions of dollars of venture capital gushes into artificial intelligence outfits. Founders are now facing the hangover. The jump in bankruptcies is due to the fact that “an abnormally high number of companies raised an abnormally large amount of money during 2021-2022”, said analysts at Morgan Stanley in a recent note to clients. Peter Walker, Head of Insights at Carta, said there had been a “huge drop” in the number of companies able to raise money again within two years of their last funding round. Read more 👇

A proud moment for us all! Congratulations Bulent Tekmen and Team Colendi! 🙌

We had the privilege of having Dr. Krishna Ella on The Founders Peak stage - Executive Chairman of Bharat Biotech - a visionary entrepreneur in the field of vaccines and biotherapeutics and the brilliant scientist behind Covaxin - India's first indigenous COVID-19 vaccine. Dr. Ella is a true luminary in the field of science, having received not one or two but six honorary degrees. Notably, he's the first Indian to be bestowed with an honorary degree from the prestigious University of Wisconsin-Madison, USA. Dr. Ella is often called the visionary "Father of Genome Valley." His relentless pursuit has transformed Snake Valley into India's premier hub for Life Sciences R&D, with over 400 companies calling it home. In recognition of his exceptional contributions to science and healthcare, Dr Ella was honoured with India's third-highest civilian award, the Padma Bhushan, in 2022. This achievement underscores his profound impact on the nation. In his talk, Dr. Ella shares that 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗮 𝗰𝗼𝘃𝗶𝗱-𝟭𝟵 𝘃𝗮𝗰𝗰𝗶𝗻𝗲 𝘄𝗮𝘀 𝗻𝗼𝘁 𝗮 𝗺𝗶𝗿𝗮𝗰𝗹𝗲. Listen & watch on Spotify - https://lnkd.in/e7u9Ztcv Check out the full playlist - https://lnkd.in/eCCP9G2y Singapore FinTech Festival | Navin Suri | Sagari White | Elevandi | Amit Gupta

🎙️ New EPISODES alert! 📢

This is going to be an amazing cohort!! Japan FinTech Festival

And with this, The Founders Peak is coming back to Tokyo! Imagine a day packed with inspiring panels and power roundtables, The Founders Peak talks and one-of-a-kind The Founders ROCK. Gain actionable insights, valuable connections and a reinvigorated entrepreneurial spirit. Unlock the COSPA コスパ Pass: Your Value-for-Money Ticket! Limited passes available! Secure yours now: https://hubs.ly/Q02l8kpY0

Quilt.AI is a Singapore-headquartered AI company that’s 50% for profit and 50% not-for-profit. Recently rated as one of the top 12 generative AI companies in the world, The Economist called Quilt AI “an AI for good company” for their work on mental health, child protection and gender equity. It’s interesting to share that Anurag Banerjee calls himself a failed poet and he is a former DJ too! Someone once mistook him for Satya Nadella at an airport! Anurag thinks 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 𝗥𝗲𝗮𝗹𝗹𝘆 𝗗𝗼 𝗡𝗼𝘁 𝗠𝗮𝘁𝘁𝗲𝗿. Here is why. Listen & watch on Spotify - https://lnkd.in/erv4Ftj5 Check out the full playlist - https://lnkd.in/eCCP9G2y Singapore FinTech Festival | Navin Suri | Sagari White | Elevandi | Amit Gupta

Market for Good boasts an 80%-female employee roster, breaking the gender stereotypes in the business world. In a remarkable display of commitment, their initial seed investment came from their advisory board and employees. As trailblazers in the field, Market for Good stands alone as the only B2B platform capable of quantifying social impact, setting new standards in the industry. Tali Goldman served two years in the military where she helped soldiers from low-income families pass their high-school graduation exams. This undoubtedly contributed to her strong leadership and problem-solving skills. Fun facts - despite being born into a Latin American family, Tali has never consumed red meat. She loves silver jewellery-making and salsa dancing. Tali shares 𝗵𝗼𝘄 𝘀𝗵𝗲 𝗹𝗲𝗮𝗿𝗻𝗲𝗱 𝘁𝗼 𝘀𝗼𝗹𝘃𝗲 𝘁𝗵𝗶𝗻𝗴𝘀 𝘁𝗵𝗮𝘁 𝘀𝗵𝗲 𝗰𝗮𝗻𝗻𝗼𝘁 𝗮𝗰𝗰𝗲𝗽𝘁. Listen & watch on Spotify - https://lnkd.in/eBS6MENp Check out the full playlist - https://lnkd.in/eCCP9G2y Singapore FinTech Festival | Navin Suri | Sagari White | Elevandi

Jing Li left his home at 15 to explore the world and returned after 12 long years.  He then became a founding member of WeBank, one of the largest and best digital banks in the world. Jing then departed on a journey to find a way to bring WeBank to more people, which is how Sirius Technologies was born with the help of a bunch of Chinese engineers in Thailand. Fun fact - their biggest market outside of Thailand is Colombia, which is on the opposite side of the globe! Jing is exploring an alternative way of modernising enterprise IT for embedded business models. Jing’s talk is about why he thinks 𝗧𝗿𝗼𝘂𝗯𝗹𝗲𝗺𝗮𝗸𝗲𝗿𝘀 𝗺𝗮𝗸𝗲 𝗴𝗼𝗼𝗱 𝗳𝗼𝘂𝗻𝗱𝗲𝗿 𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹. Listen & watch on Spotify - https://lnkd.in/eNm3VqpY Check out the full playlist - https://lnkd.in/eCCP9G2y Singapore FinTech Festival | Navin Suri | Sagari White | Elevandi

Cesar Jung-Harada's first real job was working in a glass-blowing studio. He also used to live in a yurt in the London Financial District, and has sailed around the world! The very first version of his company MakerBay was built in a former chicken farm in Hong Kong New Territories. It is the first Makerspace focused on social and environmental impact in Asia, and is also the largest non-governmental Makerspace in Hong Kong. From his entrepreneurial adventures and his passion for the environment, Cesar thinks 𝗦𝗰𝗶𝗲𝗻𝗰𝗲 𝘄𝗶𝗹𝗹 𝗻𝗼𝘁 𝘀𝗮𝘃𝗲 𝘂𝘀. Here is why. Listen & watch on Spotify - https://lnkd.in/ej72qiM6 Check out the full playlist - https://lnkd.in/eCCP9G2y Singapore FinTech Festival | Navin Suri | Sagari White | Elevandi