Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

Sarah Chen-Spellings
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Oct 3, 2024 • 29min

CEO Series: Julie Wainwright, The RealReal

In this engaging discussion, Julie Wainwright, a resilient entrepreneur known for pivoting from the infamous Pets.com to founding The RealReal, shares her inspiring journey. She talks about the critical lessons learned from failure and how innovation can transform industries. Julie emphasizes the importance of a customer-centric approach and encourages listeners to embrace setbacks as steps toward success. At age 67, she dives into her latest venture, Ahara, highlighting personalized nutrition and the need to stay adaptable in a changing market.
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Sep 26, 2024 • 31min

Unveiling the Power Shift: Private Wealth’s Impact on Venture Capital

This week, we’re bringing you an exclusive panel discussion from the Arctic15 LP Summit 2024. Moderated by Sarah Chen-Spellings, this conversation dives deep into the evolving venture capital landscape, driven by the influx of private wealth.Joining Sarah are Tor-Oskar Karlberg, Investment Director at Stephen Industries; Ville Solja, Owner & Investor at Kiilto Ventures; and Nydia Zhang, Investment Director at Ferretto Capital.Together, the panel explores how family offices and high-net-worth individuals are transforming the venture space, the driving factors behind this shift, and the unique opportunities it presents for both investors and entrepreneurs.Tune in now for insights into the strategies family offices are using to shape the future of venture capital!TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro04:02 - Where do venture stands in family offices’ portfolio? 07:53 - Building the portfolio; using funds as an entry point to deal flow09:55 - The investment landscape of family offices in Asia; “we need to know who we are before we start to look for what we like”14:01 - Involvement in direct investments as a next-gen in family offices; “we need to be more active; not only because we find strong purpose, we actually need to do in order to survive.”16:42 - Purposeful investing and making impact as family offices21:54 - Outlook for the current and the next cycle; how is Asia faring as a region27:16 - Audience questionsFull Video: https://www.youtube.com/watch?v=mKnKGKd_4WIPanelists:Tor-Oskar Karlberg- Investment Director, Stephen IndustriesVille Solja – Owner & Investor, Kiilto VenturesNydia Zhang – Investment Director, Ferretto CapitalModerator: Sarah Chen-Spellings – Co-Founder & Managing Partner, Beyond The Billion-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Sep 19, 2024 • 52min

Building Billion Dollar Unicorns: How To Pitch, Overcome Rejection, & Succeed As A Modern Entrepreneur w/ Sarah Chen-Spellings | iDigress Podcast

This week, our host Sarah Chen-Spellings, venture capitalist, strategist, and co-founder of Beyond the Billion, takes the hot seat on the iDigress podcast, hosted by Troy Sandige!Sarah shares her insights on what it truly takes to build billion-dollar unicorns—from mastering the pitch to overcoming rejection and navigating the highs and lows of entrepreneurship.Tune in to learn how she’s helping entrepreneurs thrive in today’s fast-paced market, and discover the critical strategies that turn setbacks into success.Original aired on iDigress Podcast with Troy Sandige: Building Billion Dollar Unicorns: How To Pitch, Overcome Rejection, & Succeed As A Modern Entrepreneur With Sarah Chen-Spellings [Masterclass]-Struggling to land that big pitch? Wondering why your path to success is filled with setbacks? Join us as we uncover what it really takes to build billion-dollar unicorns! Learn how to navigate failure, overcome rejection, stay resilient, and empower yourself—and others—in today’s competitive market with insights from venture capitalist and strategist Sarah Chen-Spellings in this masterclass episode.In this episode, we delve into the high-stakes world of entrepreneurship with Sarah Chen-Spellings, a venture capitalist, strategist, and co-founder of Beyond the Billion. Join us as we explore the journey of building billion-dollar unicorns, where success is not just about having a great idea, but mastering the art of pitching, navigating the inevitable rejections, and persisting through the toughest challenges.Sarah shares her unique insights on what it truly takes to succeed in today’s fast-paced entrepreneurial landscape. From her experience leading a global consortium investing over $1 Billion in women-founded companies to her work as a seasoned strategist and host of the "Billion Dollar Moves" podcast, Sarah offers invaluable advice for entrepreneurs aiming to make their mark.Whether you’re an emerging entrepreneur or a seasoned founder, this episode is your masterclass on how to pitch, overcome rejection, and ultimately succeed in the billion-dollar game. Learn the critical strategies that differentiate those who thrive from those who fall short, and discover the mindset needed to turn risk into reward.Key Takeaways: The art of pitching: How to craft a compelling pitch that stands out in a crowded market. Overcoming rejection: Proven strategies for turning setbacks into opportunities and building resilience. Navigating risk: Insights on how to manage and mitigate the risks inherent in scaling a business to unicorn status. The modern entrepreneur's mindset: What it takes to succeed in today’s competitive and rapidly evolving business environment. Entrepreneurial diversity: Strategies for bringing more diverse entrepreneurs—women, Black, Latina, Asian, and others—to the table and ensuring they have the resources and support needed to succeed in the billion-dollar game. Sarah's personal journey: Lessons from her experience co-founding Beyond the Billion and her role in shaping the future of venture capital. Don’t miss this opportunity to gain actionable insights from one of the leading voices in venture capital and entrepreneurship. Connect With Troy: Rate & Review iDigress: iDigress.fm/ReviewsFollow Troy's LinkedIn @FindTroyGet Strategy Solutions & Services: GrowWithTroy.comFollow Troy's Instagram @FindTroy-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Sep 12, 2024 • 18min

[BITE] $5Bn Supply Chain Giant Building Under the Radar w/ Johanna Småros, RELEX Solutions

This week, we are resurfacing our conversation with Johanna Småros, co-founder of RELEX Solutions, one of Finland's leading unicorns. In our conversation, we delve into the unique path of RELEX Solutions, which was bootstrapped for more than 10 years and built “The Finnish Way” - practical and transparent.From bootstrapping for over a decade to transforming the company into a global leader, her story is a testament to innovation, resilience, and strategic vision. This is why, Johanna is next on the list of #BillionDollarMoves we should all learn from.TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro02:29 - Lesson #1: Don't Underestimate Academic Foundations05:16 - Lesson #2: Do It Your Way: The Finnish Way of Building07:03 - Lesson #3: Find Your Unique Approach in a Saturated Space10:56 - Lesson #4: Leverage Existing Champions to Drive Global Ambition15:11 - 3 Actionable Questions for YouIf you enjoyed this, tune in to full episode with Johanna!From Bootstrapped Startup to Finnish Tech Unicorn: RELEX Solutions' Rise w/ Johanna Småros, RELEX Solutions🎙️Podcast: https://link.chtbl.com/bdm-johanna 🎞️ YouTube: https://www.youtube.com/watch?v=3moRBN0M5r0🌐 Website: https://www.billiondollarmoves.com/from-bootstrap-to-finnish-tech-unicorn-relex-solutions-johanna-smaros/ -PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Sep 5, 2024 • 49min

Inside Intel Capital: How a Multi-Billion Dollar Portfolio Sets the Standard for CVCs w/ Nick Washburn, Intel Capital

This week’s episode features Nick Washburn, Senior Managing Director at Intel Capital. If you're an investor—or aspire to be—this conversation is a masterclass you won't want to miss.For those who might not be familiar, Intel Capital is the venture capital arm of Intel Corporation, and it's long been considered the gold standard in the industry. They've backed legendary companies like Red Hat, VMware, and DocuSign, among others. Over the past three decades, they've seen more than 250 of their portfolio companies go public and have had another 500 successful exits. And since 2018 alone, Intel Capital has seen approximately $12 billion in market cap companies hit the public markets.From the intricacies of reserve strategies to the common pitfalls that even seasoned VCs can stumble into, we’ve covered it all.This insider look at the art and science of venture investing, especially from someone with Nick's experience, is packed with valuable insights. So, trust me, this is one conversation you don't want to miss!TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro01:32 - Lessons from ice hockey: “Go to where the puck was going”02:39 - Shaping founders to be less output-focused; “All of the biggest outcomes are extreme outliers and there is no path.”04:26 - Pattern matching; “Try to not focus necessarily on the background, but more of their understanding of the problem statement and why they feel best position to solve it.”06:45 - The two sins in venture: sins of omission and commission10:06 - The hyped AI field and what matters more to the devs and customers?13:43 - Cybersecurity; singular platform versus best tools16:10 - Core competency of Intel Capital in investment; “I invest both in developer tools and infrastructure software; if I don't look at them in the right aperture, I get it wildly wrong.”19:49 - Inside Intel Capital: north of 250 IPOs and 500 exits in the past 30 years24:19 - What has Intel Capital done right in structuring?; “You should lead with the goal and then reverse it in the process.”27:48 - Nick’s personal journey from law school to investments; the imposter syndrome31:44 - The anti-portfolio; FreshPaint: “They have not pivoted. They just reposition because that's where the market demand was coming.”35:06 - On guiding founders; Charles Hudson’s “When to Intervene”38:43 - The dynamics of Intel’s investment committee and strategy framework42:17 - Takes on current market conditions43:38 - Billion Dollar QuestionsAbout Nick WashburnNick Washburn is a Senior Managing Director of Intel Capital located in Denver, CO. He joined Intel Capital in 2014.Nick is a voting member of Intel Capital’s investment committee and co-manages Intel Capital’s cloud investment domain. He focuses on early-stage investments in cloud-native infrastructure, developer tools, artificial intelligence/machine learning, and data platforms.Nick currently serves as a director or observer on the boards of Augtera Networks, Fly.io, Freshpaint, Moderne, OtterTune, and Tetrate. He also works closely on Intel Capital’s investments in Anyscale and Upbound.In addition, Nick currently serves as a director on the board of the National Venture Capital Association, and he is a member of the Kauffman Fellows, Class 25. He is a proud father to amazing twin boys, he loves playing ice hockey, and he is an avid lover of all things outdoors, including skiing, mountain biking and rock climbing.FOLLOW NICK:LinkedIn | X/Twitter-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Aug 29, 2024 • 44min

[REPLAY] Faith, Finance, & Technology w/ Fara Abdullah, Bitsmedia

Muslims are projected to constitute more than 25% of the world's total population this year. To many in the industry, this isn't just a statistic; it represents a vast array of opportunities for the markets.This week, we are revisiting our conversation with Fara Abdullah, CEO of Bitsmedia, the brains behind the immensely popular Muslim lifestyle app, Muslim Pro. With a fresh injection of $20 million from its Series A funding round, featuring participation from Gobi Partners, alongside continued backing from existing investors CMI Capital Partners and Bintang Capital Partners, Bitsmedia is poised to enhance the faith experience through cutting-edge technologies. Our discussion delves into various aspects, including the business landscape, the potential in faith-driven markets, and the interception of faith, finance, and technology.  TIMESTAMPS0:00 - Intro02:52 - Market opportunities in the Muslim community; Bitsmedia’s business model07:39 - Challenging the misconceptions and templatization of Muslims10:49 - Thesis behind the 160 million annual downloads of Muslim Pro: faith in challenging times and the modern Muslim lifestyle15:13 - Bitsmedia’s ideal consumer profile and the growth of user base20:30 - Business models and the biggest revenue drive for Bitsmedia24:11 - Decision making and resource distribution as the CEO26:52 - The role of technology in shaping faith and vice versa30:31 - The idea of moderation and ethical interpretations with use of technologies32:41 - Bitsmedia’s role in the interception of faith, finance and technology34:35 - Observed trends of religious behaviors and attitudes; the socialization of faith37:01 - Fundraising and choosing the right partners39:46 - Billion dollar questions3 Key Insights:1/ The market is HUGE and there’s something for everyone.With the global Muslim population surpassing 2 billion as we’re speaking now, the market needs continue to evolve.Beyond facilitating religious practices, there's a plethora of avenues to explore, from educational content for children to virtual community building and financial services. 2/ Infusion of technology is inevitable in today’s world; we cannot simply steer away from it.“Regardless of how afraid we are of it, how much we want to preserve certain things, this technology wave is coming,”Despite concerns, the inevitable wave of technology presents significant opportunities.According to Fara, embracing this wave requires courage while prioritizing community safety and moderation. 3/ See the market potential beyond complexity.While the complexity of faith-related businesses may deter some, more and more investors recognize the immense potential within this market.And just like any business, expertise and strategic vision are essential to harnessing these opportunities effectively.ABOUT BITSMEDIABitsmedia is a Singapore-based, technology company known globally as the developer and publisher of the Muslim Pro app – a highly-rated and comprehensive Muslim lifestyle app with more than 150 million downloads globally to date.The company is also the publisher of Qalbox, a global subscription video on demand (SVoD) entertainment streaming service aimed at the global Muslim community.-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmoves FOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Aug 22, 2024 • 1h 1min

Why Serial Entrepreneurs Make Top VCs: Google & Groupon Exits; Oura & Kickstarter Investments w/ Jyri Engeström

We’re thrilled to feature Jyri Engeström, a serial entrepreneur who found early success with exits to Google and Groupon. Now an investor, Jyri continues to shape the startup landscape as a General Partner at Yes VC, the fund he co-founded with his partner, Caterina Fake, co-founder of Flickr. At the same time, Jyri makes significant strides in building and investing in startups alongside Petteri Koponen at Lifeline Ventures in Finland.We delve into the opportunities and technologies shaping the future, lessons Jyri has learned from his time in Silicon Valley, and how Finland is positioning itself as a global startup hub. Jyri’s deep understanding of network theory, social dynamics, and his curiosity about emerging markets—from space colonization to geopolitical shifts—makes this an episode you won’t want to miss.TIMESTAMP / KEY TAKEAWAYS0:00 - Intro02:41 - The Innovator’s Dilemma, Sociology, & bi-continental life in Finland & the US06:20 - Working in Nokia to founding Jaiku08:56 - Google’s acquisition of Jaiku12:52 - Selling Ditto to Groupon; “I knew to kill the app immediately after the acquisition,”16:09 - Lessons learned as a serial entrepreneur; leadership19:01 - New chapters with True Ventures and Yes VC; patterns of success in portfolio 25:04 - Yes VC’s super early stage approach; thoughts on legacy32:06 - Identifying the potential unicorns; how to be curiosity-driven, continuously37:00 - Minting the unicorns & the anti-portfolios39:37 - The founder product fit; Petteri Koponen’s pattern of success44:48 - Raising children; parallel entrepreneurship49:58 - The liquidity & exit landscape and deal flow in Finland today54:11 - Jyri's trajectory for the next five years; messages to global investors56:29 - Billion Dollar QuestionsBrought to you by Helsinki PartnersThe third edition of Founders to Finland Program helps international scale-upfounders build their business network in the Nordics. This 7-day program takes placein Helsinki in November, and its 15 selected participants get to experience the magicof the Slush startup conference and valuable side events with a free ticket. Expecthyper-relevant networking, personal introductions to local companies, and tailoredinfo sessions to learn more about the innovative spirit of the Finnish scale-up culture.Learn more and apply by September 1!ABOUT JYRIJyri has invested in several unicorns including Unity, Oura, Iceye and Boom Supersonic. Jyri’s entrepreneurial journey began with Jaiku, a mobile social networking service he co-founded with Petteri Koponen and sold to Google in 2007. He sold his second company Ditto, a recommendation service, to Groupon in 2012. In 2020 he founded Primary Diagnostics, a healthcare platform serving tens of millions of people across the U.S. For four years Jyri was at True Ventures, a leading Silicon Valley venture fund, where he invested in e.g. Iceye, the world’s largest radar satellite constellation, with Lifeline. Alongside Lifeline Ventures Jyri is Partner at Yes VC, a venture firm he co-founded with Caterina Fake in San Francisco. Yes VC has notable investments in carbon capture, post-fossil energy, space and AI. Jyri combines company-building with venture investing. “Entrepreneurship is a skill. It takes discipline and practice. Each company we build improves our hit rate going forward.”FOLLOW JYRI:LinkedIn | X/Twitter | Instagram | Podcast: Startup-Ministeriön -PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Aug 15, 2024 • 18min

Journey after YouTube w/ Steve Chen, Draco Evolution

This week's episode is proudly brought to you by Tatler Gen.T.On July 12th, we celebrated the groundbreaking launch of Draco Evolution Corp’s AI-driven ETF, now trading on the NYSE. We had the privilege to speak with the visionary co-founders, Jack Fu and Steve Chen, about their innovative ideas and the future of finance.This week, we dive deeper into Steve Chen’s journey co-founding and leaving YouTube, and why we should all take bold leaps in life.TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro02:42 - The ‘One-Way Ticket’: “If I have an idea, I'm just going to regret it if I don't take this opportunity now to actually try it out.”04:16 - The real story of YouTube: “it was a dating video site”; “it was through these changes as you're pivoting around and figuring out exactly where this path is going to take you”09:00 - Google’s acquisition of YouTube; “He said, we’re making the largest acquisition ever made by Google,”11:48 - Behind key decisions: “The answer usually is in our heads already.”; the hardest lesson learned14:40 - Building legacy and impact; “What brings you happiness?”About Steve ChenSteve Chen is a Taiwanese-American Internet entrepreneur who is one of the co-founders and previous chief technology officer of the video-sharing website YouTube. After he co-founded the company AVOS Systems, Inc. and built the video-sharing app MixBit, he joined Google Ventures in 2014.TUNE IN TO PART 1Building Legacy & The Future of Finance w/ Steve Chen & Jack Fu, Draco Evolution🎙️Podcast: https://link.chtbl.com/bdm-draco🎞️ YouTube: https://www.youtube.com/watch?v=xzjmFfRequ8🌐 Website: https://www.billiondollarmoves.com/the-future-of-finance-steve-chen-jack-fu-draco-evolution-nyse/ READ MORE:DRACO EVOLUTION’S STEVE CHEN AND JACK FU ON BUILDING LEGACY AND THE FUTURE OF FINANCE | Tatler Gen.T-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Aug 8, 2024 • 16min

CEO Series: Adi Tatarko, Houzz

This week, we're diving into the remarkable journey of Adi Tatarko, Co-Founder and CEO of Houzz, a story that epitomizes resilience, innovation, and the strength of community. Adi and her husband, Alon Cohen, turned their personal frustration into a global leader in the home renovation and design industry. What began as a side project evolved into a multi-billion dollar enterprise, now serving over 3 million professionals and 70 million users worldwide. Let's unpack Adi’s #billiondollarmoves in today's CEO Series!TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro1:44 - Lesson #1: Don’t underestimate the power of being open to opportunities4:52 - Lesson #2: Bootstrapping in the beginning is not the worst Idea8:50 - Lesson #3: Build for scale AND RESILIENCE by focusing on sound foundations13:38 - Billion Dollar QuestionsAbout Adi TatarkoAdi Tatarko is the co-founder and CEO of Houzz, an online platform for home remodeling and design she and her husband, Alon Cohen, started in 2009. The couple launched the website after they had trouble finding ideas for remodeling their house. Under her leadership, the company has become an influential marketplace in the design industry, connecting millions of homeowners with home professionals globally. Alon replaced Adi as CEO of the company in January 2024. Prior to founding Houzz, Adi worked in international finance. She holds a BA in Economics from Tel Aviv University. Adi’s entrepreneurial acumen and deep understanding of the technology-driven consumer market make her a valuable addition to any venture capital portfolio.FOLLOW ADI | LinkedInSource:How I Built This with Guy Rap | Adi Tatarko 'Maybe I'm Not A Typical Founder But So What?': How Houzz Cofounder Adi Tatarko Leads Uniquely | Forbes WomenOutsider Insight: Adi Tatarko | Sequoia CapitalAdi Tatarko (Houzz) at Startup Grind Silicon ValleyHouzz CEO on how she took her idea to help homeowners remodel homes and turned it a global business | Yahoo FinanceHouzz CEO: Empowering Users | Mad Money | CNBC-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal
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Aug 1, 2024 • 27min

Building Legacy & The Future of Finance w/ Steve Chen & Jack Fu, Draco Evolution

This week's episode is proudly presented by Tatler Gen.T.Join us for an exclusive conversation recorded live at the New York Stock Exchange with Jack and Steve, the visionary co-founders of Draco Evolution Corp. On July 12th, We were on site to celebrate the groundbreaking launch of their AI-driven ETF, now trading on the NYSE. From the electrifying atmosphere of the closing bell ceremony to their journey of building global startups across Taiwan and Asia, and the innovation behind the Draco ETF designed to shape the future of finance—we cover it all in this episode. Don’t miss this deep dive into the future of finance!TIMESTAMPS / KEY TAKEAWAYS0:00 - Intro02:18 - Draco Evolution at the NYSE Closing Bell Ceremony for their first ETF listing03:16 - Jack’s new chapter; Draco ETF: technology and risks06:47 - Steve’s moves back to Taiwan after YouTube; why Draco ETF?11:09 - The partnership; hedge fund background versus consumer-focused strategies15:31 - What’s next for Draco?20:07 - Building a global company from Taiwan; “they read about all the financial news and what are the ways and the bridges that we can connect outside of our island or outside of our Asia region?”22:54 - Lessons learned; “sometimes we focus on what we know, but we just have to leave our comfort zone,”Read more on: DRACO EVOLUTION’S STEVE CHEN AND JACK FU ON BUILDING LEGACY AND THE FUTURE OF FINANCE | Tatler Gen.TAbout Draco Capital PartnersIn 2020, Jack Fu partnered with YouTube co-founder Steve Chen to establish Draco Capital Partners. They developed low-volatility artificial intelligence investment strategies with a team of economists and engineers, shaping the fund’s operational policies. Since its founding, the team have managed over US$220 million in funds, achieving remarkable investment results. Draco Capital Partners goes public on the New York Stock Exchange in early 2024, introducing two products: AI Active Management ETF (DRAI ETF) and AI Matched Quantitative Trading Platform. The former employs AI for intelligent investment, offering unique growth opportunities and risk protection for investors through AI technology and active management strategies. The latter provides a platform for investment strategy experts and general investors to share professional knowledge and innovative investment tools, creating a unique and open quantitative investment ecosystem, bringing more opportunities and value to both parties.More on: https://www.dracocp.com/ABOUT JACK FUManaging Director, Draco Capital PartnersPrior to founding Draco Capital, Jack was the Pacific Rim Managing Director of All Sun Group, where he managed a portfolio of $1.8 billion. Previously, Jack was a Senior Financial Consultant at Linsco & Private Ledge managing family offices and institutional clients. Jack began his career as a Financial Advisor at Union Bank Investment Services.ABOUT STEVE CHENManaging Partner & Chief Technology Officer, Draco Capital PartnersSteve builds massive strategy data center for Draco, provides algorithm, and leads the programming process for investment strategies and trading.Steve was the co-founder and Chief Technology Officer of YouTube. He was instrumental in building YouTube into a viral video phenomenon. He helped lead YouTube through the Google acquisition for $1.65 billion less than a year after launching the site. From 2014-2016, Steve served as an Entrepreneur in Residence at Google Ventures.-PODCAST INFO:Podcast website: https://billiondollarmoves.comWatch on Youtube: https://tinyurl.com/sarahchenglobalJoin the community: https://sarah-chen.ck.page/billiondollarmovesFOLLOW SARAH:LinkedIn: https://linkedin.com/in/sarahchenglobalInstagram: https://instagram.com/sarahchenglobalTwitter: https://twitter.com/sarahchenglobal

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