I am excited to announce we just raised a Series A round valued at $100M led by
@NGC_Ventures
.
Thank you to everyone who believed in PANONY’s vision. We are just getting started!
🌼 PANONY is committed to accelerating the mass adoption of emerging technologies
🎉We'd like to share the moment with you that we've raised a Series A round valued at $100M led by
@NGC_Ventures
❤️Sincerely grateful to have all of our backers & partners along for the ride
Investors are still investing.
Builders are still building.
Investors— comment your ticket size, stage, and focus.
Founders— comment your company.
Let’s connect investors and founders who are here for the long run!
Are you looking to break into venture capital, a founder trying to understand the ins-and-outs of fundraising or just curious to know more about the world of VC?
Here are 4 of my top book recommendations!
Life in Paris is so productive
- 3am catch up w/ my team in Asia
- 9am brunch events
- 12pm luncheon with VCs
- afternoon some mandatory walk meetings in such a gorgeous and cultural city
- 8pm Michelin dinner w VCs
- midnight parties
- 3am again oops here we go again
A main reason majority of founders prefer VCs who were once founders is EMPATHY.
Building a company is already difficult. Raising money is another beast in itself. Founders need investors who are empathetic and understanding of this arduous process.
That's a wrap for
@Token2049
🇸🇬
The
@PANONYGroup
team and I had an incredible time. Singapore was brimming with energy and passion. It was great meeting and talking with fellow web3 investors and builders and seeing old friends.
Until the next conference!
The best kind of VC is the one who knows your circumstances and needs so well that they don’t need to ask you “how can I help”. They already know what you need and are grinding to get it to you
70% of entrepreneurs thought of their idea for a company while they were working for someone else.
If you’re dreaming of something different, don’t let your current position inhibit your potential future.
Happy International Women’s Day❤️
I am grateful to be surrounded by the most brilliant, ambitious, caring, intelligent and gritty women.
No matter how difficult things get or how many bear markets there are, I know I will continue to thrive with these women in my corner.
Many gurus say you need to surround yourself with people who discuss business, making money, and building wealth.
But don’t forget…
You also need to surround yourself with people who love you, give you joy, shower you in radical acceptance and make you laugh!
Are you curious about the VC world and want to learn more but don’t know where to begin?
Are you an entrepreneur who is thinking of raising in the future?
1. Venture Deals - Brad Feld & Jason Mendelson
I listed Venture Deals as number one for a reason and it’s a classic for a reason. Familiarize yourself with the common topics and terms as well as the nitty gritty that is not usually present in public discourse.
I asked a Silicon Valley founder why people put money at SVB vs other larger banks. He said that’s what was suggested (by peers, VC, other founders) but forgot why it was suggested.
Can anyone enlighten me what was so special about SVB and why founders choose to put money there?
I’ve noticed one key characteristic of people who are successful or generally really fun to be around: they’re “forever students”!
Don’t lose your curiosity as you get older. Stay humble where you are willing to learn anywhere and from anyone.
An unfortunate thing of being early to an idea is people around you won’t understand what you’re doing. Sometimes, the people closest to you (your parents, partner, friends, colleagues) lack faith in you.
But what’s important is YOU know why you’re pursuing what you’re pursuing.
Ideas are a dime a dozen. I can understand why some choose to build in stealth. Others can steal your ideas, try to replicate what you’ve done. But more often times than not, there will be incredible ideas… with no one to build them.
True builders and tinkerers are rare.
Hundreds of ‘no’ but only one ‘yes’ is all it takes. Persistence builds what amounts to anything important in life.
Show up everyday and keep putting in the work.
Every founder, CEO and leader should be skillful in project management.
48% of projects miss delivery dates.
43% of projects miss budget targets.
31% of projects fail an organization’s goals.
Poor project management literally has resulted in loss of trillions of dollars.
Close your laptop.
Put your phone away.
Drink water.
Go take a walk outside.
Get some sunlight.
Talk to people outside of crypto.
Don’t short your physical and mental health. We’re here for the long run.
Overheard something incredibly wholesome.
This girl was bragging to her friend about this folder in her phone solely dedicated for her friends’ startup apps.
When you’ve been in the game long enough, the success and achievements of your friends is just as important as yours!
Stephen Chow / 周星馳 / 星爺
Hong Kong celeb, the actor and director known by my generation, my parents and their parents before them… is formally joining web3 and hiring 👀
Are you ready to start fundraising? Have you been raising but haven’t had much success?
Let’s break down the psychology of raising and how to determine how much to raise in the first place
🧵
4. The Business of Venture Capital - Mahendra Ramsinghani
Covers the entire spectrum of a venture capital business, from raising venture funds to structuring investments, value creation as board member and assessing exit pathways
Change is hard. That’s why it’s called growing pains.
Yet, people don’t consciously understand the opportunity cost of NOT changing.
What you will miss out if you don’t change >> potential failure/growing pains
Once an investor loses all possible playing capital, game over.
The loss is not only a loss for the investor but also a loss for the potential companies and entrepreneurs that the investor could have invested in.
One person’s loss is everyone’s loss in our industry.
One of the most powerful skills we can develop is the ability to say no❤️
Say no to tasks, opportunities, events or things that do not serve you.
You may be surprised at what happens when you prioritize yourself.
ATTENTION:
Hong Kong Financial Services and the Treasury Bureau released a 9 page statement yesterday, detailing HK’s policy on development of virtual assets (VA).
The contents are incredibly bullish for the industry.
Summary + highlights below so you don’t have to read it👇