Funding Options, Valuation, and Type of Shares
In this session, we will be covering the following topics:
- What are the funding options you have in Malaysia? (eg, VC, grants, ECF, loan or family and friends)
- How do you value your company/startup?
- The type of shares available in Malaysia and how to utilize these different types of shares when fundraising.
Kelly Lee was the Senior Manager under the Digital Transformation division in Digital Penang, a state agency that is the umbrella agency for all digital initiatives in Penang.
Previously, Kelly built Pgeon, a courier company from ground zero. Pgeon, unlike other courier companies, built partnerships with retail chains to provide collection points for customers. Pgeon currently has the largest parcel collection network in Malaysia with 2000+ locations and managed to raise 10 million USD in September 2019 from Gobi Venture and AirAsia.