ADDX & Private Markets in the Asia Pacific with Choo Oi-Yee
Choo Oi-Yee, CEO of ADDX shares the focus of the company and discusses the state of private markets in the Asia Pacific.
Fresh out of the studio, Choo Oi-Yee, CEO of ADDX, joined us in a conversation to discuss the company's platform to serve the private markets and reviewed the state of private markets in the Asia Pacific. She began the conversation with the market opportunity of the private markets and how ADDX facilitates the interactions between accredited investors and entrepreneurs seeking funds through their products and services on the platform. Last but not least, she shared her perspectives on how companies can thrive in a challenging economic climate and the possibility of secondary exits through other instruments such as SPACs or acquisitions in the current market.
"And so we see the private market as a very interesting space because as I said, if everybody had 20% of their portfolio in private markets, we're moving from almost zero in a mass affluent hand to 20%. That's a lot of wealth, but that wealth requires a lot of thinking, a lot of platforms, a lot of technology innovation to solve. Because private markets are very complex. If you think about simple things like cryptocurrencies or stocks, the way that it trades, the post asset servicing is quite simple." - Choo Oi-Yee
Introduction
- Choo Oi-Yee, CEO of ADDX (Linkedin)
- How did you start your career?
- What eventually brought you from a career in investment banking to ADDX?
- What are the interesting career lessons that you can share with my audience?
ADDX & Private Markets in the Asia Pacific
- To start, can you talk about the state of private markets in the Asia Pacific region and what is the untapped market opportunity to access these markets for investors?
- Based on the market opportunity, what are the inspiration and the problem that ADDX is poised to solve for the private markets?
- What is the vision and mission of ADDX?
- What are the customer profiles that access ADDX?
- What are the products and services that ADDX provides for the customers, specifically the private companies who are seeking funding or the accredited investors who seek to invest in the market?
- How is ADDX looking at the management of digital assets, specifically cryptocurrencies and their related products?
- Can you share some of the highlights that ADDX has achieved in the past few years?
- Can you talk about some of the key partnerships that ADDX has achieved?
- How does ADDX work with regulators such as MAS to ensure compliance with the private companies seeking funding from accredited investors?
- What should founders and employees think about upon the opportunity of secondary liquidity events which can take the pressure off them and at the same time, get in the funding to continue building the company?
- Who are the investors and key partners with ADDX?
- Let’s talk about private markets in general, what is the mental model that investors need to have in valuing the companies that they invest into? Is it art for companies before series B and science after series B rounds?
- How do you look at the digital assets space, specifically cryptocurrencies and NFTs, and the role of decentralized finance such as Uniswap, Aave, or Compound from the perspective of ADDX?
- Given the current macroeconomic climate where many private companies will take a longer time to achieve exits, are there pockets of opportunity where they can engineer a secondary exit through SPACs or other instruments?
- With the recent rate hikes to curb rising inflation, the market has triggered an economic downturn. Most VCs are now deliberately turning off their taps and letting the startups either rise or go underwater, given that they have the upper hand on valuation now. What will be your advice to entrepreneurs and capital allocators out there?
- What does great look like for ADDX in the next few years?
Closing
- Any recommendations that have inspired you recently?
- Oi-Yee's recommendations: James Clear "Atomic Habits".
- How does my audience find you?