The founder's journey from banking and private equity to tech CEO, emphasizing the importance of securing patient, risk-tolerant.
The founder's journey from banking and private equity to tech CEO, emphasizing the importance of securing patient, risk-tolerant capital for ventures in emerging markets. It highlights the unique challenges and opportunities in fundraising within these regions, offering insights into strategic approaches for success.
How did you go about raising money? Yeah. Well, and and and I'm going to answer the question is how do I raise money for an emerging market technology company? And that's really an important distinct distinction because raising money for developed markets is totally different than raising money for emerging markets um here. So, you know, the the and this is kind of a key challenge for any for any company that operates in emerging markets or any company like us that provisions technology or anything for and sells it in emerging markets is that you really need um secure and patient and risk-tolerant capital. Especially in a company like ours because you know, this is deep technology, it's critical need, and it's infrastructure. Well, that all takes a lot of time and it's in emerging markets. That takes even more amount of time. So, the key is to is to be intentional about um about the
types of investors that you that you talk to. They got to be patient. They have to somewhat understand emerging markets so they're tolerant of investing in in into it. They got to care about it. They got to be mission-oriented. If you can find that specification of investor, then you and you've got a good business model cuz the opportunity obviously is what drives the investment.