Founders Friday – Joseph Gan
Introduction to the series
What are the typical challenges faced by startup founders? What do successful founders have in common?
In this series, we find out how startup founders overcome key challenges to growing their companies.
This Friday, we are excited to feature Joseph Gan, CEO & Co-founder of V-Key.
About Joseph
A pioneer in the mobile application security landscape, Joseph lives to innovate and disrupt through technology. Joseph was educated at Raffles Institution before studying Electrical Engineering at Stanford University on a PSC Overseas Merit Scholarship.
Joseph led engineering and R&D teams at the Centre for Strategic Infocomm Technologies and D’Crypt Pte Ltd before co-founding V-Key in 2011. Recently, Joseph was featured in a Straits Times article on “CEOs who live in HDB flats”!
About V-Key:
V-Key is a global leader in software based digital security used by banks, governments and payment gateways.
Usage of mobile banking, mobile payments, mobile-capable government services and mobile enterprise workforce enablement has grown rapidly, but current security measures, comprising a mixture of hardware and SMS-based authentication, present significant challenges. There is a growing need for higher standards of mobile security, delivered ubiquitously with a refinement of holistic user experience.
V-Key’s pioneering products and services were created to meet these emerging challenges. Since 2011, the company has grown from strength to strength, winning multiple awards and working with clients worldwide. It also has expanded out of Singapore to include teams in Vietnam and India.
V-Key raised 12M in a Series B round led by Ant Financial and IPV Capital in 2014.
In one sentence, how would you summarise your journey so far
What has been the most satisfying aspect of entrepreneurship for you?
What do you feel is the essential quality a startup founder must have?
How did you acquire your first customers?
What advice would you have for someone contemplating leaving the corporate world to be an entrepreneur?
What was the biggest challenge you faced in scaling your sales?
What aspects were the most important when building your team?
If you had to build your team again, what would you do differently?
What are the top 3 tips you have for investor pitching?
2) Build a clear pitch around the problem and why customers will buy your solution.
3) Have a comprehensive business plan – how you will make money and grow the business
According to your investors, what sets you apart from other startups?
1.)Our groundbreaking technology and solutions for securing digital transactions and data in mobile aps and IoT deployments with;
2) Our ability to deploy these to solve our customers’ business problems around the digital user experience.
Any other words of wisdom that you would like to share?
Stay tuned for next week's episode of Founders Friday
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