10 Tips from NEST on Perfecting Your Pitch to Angel Investors

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It’s your moment in the limelight. You’re facing a panel of angel investors and you have just 10 minutes to convince them that your startup is worth backing. If you succeed, you’ll be given HK $500,000 along with mentorship, marketing, legal and accounting support – everything you need to jump start your business. How well prepared are you?

NEST Pitch Day is coming up on 6 September for disruptive and scalable early-stage startups in Asia. In light of that, we’re sharing 10 tips on creating the best pitch possible, straight from the NEST’s mouth. This will be helpful even if you have seen every episode of Shark Tank.
See our story on the investment incubator here.

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Hong Kong’s Bigcolors Acquires Australian Startup GetViable to Help Founders Validate Their Ideas

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Crowdfunding for equity platform Bigcolors has just acquired Melbourne-based startup GetViable for an undisclosed amount. With offices in Hong Kong and the US, GetViable is a business idea incubator that helps founders move towards the validation stage by offering a suite of tools and resources.

The acquisition will expand Bigcolors’ investment offerings, which currently includes deal sourcing and seed investment, to include services such as MVP set up, mentorship, pitch deck and business planning. Besides the complementary support services that GetViable offers, the two-year-old Australian startup also comes with a loyal global customer base of 2,000+ founders.

Since Bigcolors backs very early stage and pre-seed startups, added support from GetViable could lend a hand to those startups seeking funding; but aren’t quite investor-ready.

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Hong Kong Mobile Logistics Startup GoGoVan Raises US $6.5 Million in Series A Funding for Asia-Pacific Expansion Plans

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GoGoVan, a mobile startup that matches delivery vehicles up with the people that need them, has raised US $6.5 million in Series A funding. The homegrown startup was able to secure the deal in just 4 weeks with Centurion Private Equity (headquartered in Singapore with offices in Hong Kong and Shanghai) and a group of prominent Singaporean-based investors.

We had a chat with co-founder Steven Lam to get an update on his startup since we featured him in a “3 Founders to Watch” post earlier this year.

He said that since expanding to Singapore back in June of this year, GoGoVan has already added 2,000 registered vehicles to their platform. This is in addition to their current user base of 18,000 on the driver’s side, which collectively makes up the largest logistics fleet in Hong Kong.

Steven said that due to similarities between the two city-states, Singapore was seen as an ideal market to test the waters for the rest of Southeast Asia. “Singapore’s economic nature is very similar to Hong Kong’s, because they’re both trading hubs. Also, how small and medium companies and people move things around town are very similar, so we thought it was the best place to test our product,” he said.

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