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Ep 74: Raising USD 70M+ in Southeast Asia | Michael Lints (Partner, Golden Gate Ventures)

Ep 74: Raising USD 70M+ in Southeast Asia | Michael Lints (Partner, Golden Gate Ventures)

FromSo This Is My Why


Ep 74: Raising USD 70M+ in Southeast Asia | Michael Lints (Partner, Golden Gate Ventures)

FromSo This Is My Why

ratings:
Length:
51 minutes
Released:
Mar 6, 2022
Format:
Podcast episode

Description

Michael Lints is currently a Partner at the Singapore-based venture capital firm Golden Gate Ventures. He joined the firm in 2013 and is currently leading growth venture efforts, which include LP fundraising and portfolio management for Golden Gate Venture's investments at Series B and beyond. He has helped to raise over USD $60M for Golden Gate Ventures and its portfolio companies, including helping to raise later stage rounds from external investors as well as leading two early strategic acquisitions. In this episode, we uncover what Michael was like as a child (he took apart the first computer he received), how he convinced his dean to let him skip a year at university, before selling his house and car to start his first IT managed services startup. That startup was acquired by a large data and telecom company six years later. In 2007, Michael founded a venture fund focused on Dutch small- and medium-sized enterprises to help them with capital financing, business development, and strategy. During the same period, he was invited to join the Economic Development Board Rotterdam as Vice Chairman. In that role, he launched the Young Economic Development Board where he brought together a highly influential Dutch network to develop a sustainable framework for public-private relationships that increased local business investment while leveraging the public infrastructure.In this episode, we cover all things startup, investments and also his recent documentary, Broken Chains - mending the missing links in the racial wealth gap.Highlights:2:53 Taking apart his first computer3:59 Being on the Dutch National Karate Team5:00 Skipping a year at university6:20 Getting into insurance & realising he never wanted to work for another corporation again8:14 Selling his car & house to co-founder his first IT startup9:40 Pivoting from being a comparison site to a data center10:51 Being on the same board as the CEO of ING & Unilever, Prime Minister of New Zealand & Head of the UN15:53 Obsession with focus17:00 Studying at Harvard17:53 Discovering the venture scene in Singapore/Southeast Asia19:38 How can I be helpful?21:29 Raising over USD 60 million22:54 Getting a foot in the door24:46 Experience fundraising in the Middle East & Europe26:20 How the Southeast Asia startup scene has evolved29:39 What Michael looks for in a founder31:54 Importance of local knowledge34:32 Getting deal flow35:46 Investment mistakes made 36:59 Investment thesis37:49 Areas of interest to Michael40:17 How the pandemic has impacted Michael’s portfolio companies41:37 Fundraising in the pandemic/post-pandemic era43:44 Framework for maintaining focus45:36 How to find good mentors for yourself47:06 Broken Chains?Show notes: www.sothisismywhy.com/74        ? Sign up for the weekly STIMY newsletter: https://sothisismywhy.ck.page/ebf231f605 ? Patreon: https://www.patreon.com/sothisismywhy 
Released:
Mar 6, 2022
Format:
Podcast episode

Titles in the series (100)

A podcast featuring inspiring people about their journey to discovering and living their "WHY" or purpose in life. With your host & producer, Ling Yah, we deep dive into everything from finances to dealing with doubts and setbacks, and how to forge an unconventional career from ground zero! Expect to hear from entrepreneurs, artists, journalists, musicians, Hollywood actresses, VC founders and more. Visit www.sothisismywhy.com for more details!