Two top executives from global startup generator and early-stage VC firm Antler will delve into this topic at Echelon
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Do you know that US telecom conglomerate AT&T invested in Steve Jobs before he developed the prototype of the first iPhone?
It might sound unconventional, but it is not rare for investors to fund an entrepreneur even before he/she has something concrete to show. There’re hundreds of such instances wherein experienced investors have bet big on brilliant founders, who have a history of building — and failing — multiple startups.
As a founder, what should you do to get investments before developing the prototype?
A couple of brilliant speakers, who have many years of experience building startups, are discussing this topic at Echelon Asia Summit 2019.
Title: A radical approach: Why funding founders before ideation can be a good idea
Speaker 1: Magnus Grimeland, CEO and Founder of Antler
As Founder and CEO of Antler, a global startup generator and early-stage VC, Grimeland leads a global team dedicated to developing the next generation of world-changing companies, and creating a global pipeline for top talents to pursue a career in entrepreneurship and innovation.
Watch this guy hack your phone at #EchelonAsia2019!
He has previously co-founded Zalora, Southeast Asia’s number one e-commerce group. As the Regional Managing Director, Grimeland was responsible for the Zalora Group markets in Southeast Asia. He later became Chief Operating Officer of Global Fashion Group (GFG) and was responsible for strategic market initiatives, improving the business and rolling out GFG’s Marketplace across 26 countries in Southeast Asia, the Americas, Europe, the Middle East and Oceania.
Grimeland is an alumni of Harvard University and McKinsey & Company in which he worked for six years. His last role was as a Junior Partner, working across North America, Europe and Asia in the global Telco, Media and High-Tech industries.
Speaker 2: Jussi Salovaara, Co-founder and Managing Partner Asia, Antler
As Co-founder and Managing Partner Asia of Antler, Salovaara works with Grimeland to create a global pipeline for top talents to pursue a career in entrepreneurship and innovation.
An alumnus of London School of Economics and Political Science, he has previously worked with Nokia as its Vice President (Global Services Commercial Management. Previously, he has worked at McKinsey & C0., Morgan Stanley and Deloitte.
Moderator: Michael de Waal-Montgomery, Director, Ellerton & Co.
Waal-Montgomery’s career has spanned both journalism and PR. He started his career as a journalist, writing for some of the region’s leading tech publications including VentureBeat and e27 (he is an ex-employee of e27). He covered some of the world’s leading startups and has also written for major newspapers in Asia, including Hong Kong’s South China Morning Post.
He moved into public relations where, while at FleishmanHillard, he consulted for global clients including SAP, Skyscanner, VMware, and Pivotal. He was the former Head of Communications at Marvelstone Group, a private equity firm based in Singapore, as well as a Content Manager at Unbound.
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Photo by NESA by Makers on Unsplash
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