Moses Lo: "Founders who talk less do better”
Xendit co-founder Moses Lo shares his top 10 tips for startup success
With more than $500 million in capital raising, 1,000 employees and countless customers, if there’s anyone who knows how to found a successful business it’s Moses Lo.
The co-founder of unicorn startup Xendit, a fintech company worth more than $1 billion that provides end-to-end digital payment solutions for SMBs, e-commerce startups, and large enterprises.
Moses spoke candidly about his learnings and insights on an array of topics from capital raising to nailing culture to a captive audience at an exclusive UNSW Founders Ask Me Anything event this week.
Renowned for his honest and open nature, Moses runs a successful blog where he shares his findings as the founder of one of South East Asia’s biggest fintech startups.
Here are the top 10 tips Moses shared at this week’s Ask Me Anything event:
Moses Lo speaks at the UNSW Founders event
"Founders who talk less do better”
Sign up for hackathons! Show up to events where potential team members could be.
For every meeting you have with someone, ask for 2 more introductions/ connections.
Culture is an extension of leadership. Startup founders and leaders need to always reflect on what they reward and what they punish.
The first 10 people you hire will impact the next 1,000 - new starter impressions really matter.
Who invests in your business needs to align with your vision. Prioritise investors that have operated before and look for those who have funded and built billion-dollar companies if that’s your ambition.
Monthly investor updates are essential. Use more numbers and fewer words.
Raising capital is a full-time job when you do it. It typically takes three months.
You know when you need breaks. Take them when you need them.
Always raise more than you need!
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