Backing Billion-Dollar Muslim Founders: Saalim Chowdhury | MUSLIM MONEY TALK (Episode 4) скачать в хорошем качестве

Backing Billion-Dollar Muslim Founders: Saalim Chowdhury | MUSLIM MONEY TALK (Episode 4)

In this podcast episode of Muslim Money Talk, host Areeb Siddiqui is joined by Saalim Chowdhury, a renowned VC investor and former director of Techstars London. They discuss Saalim's journey from a small village in Wales to his success in venture capital, emphasising the importance of building businesses based on lived experiences and solving real problems. They also touch on the challenges and opportunities for minority and Muslim founders in the entrepreneurial world. This podcast is powered by Kestrl.  Kestrl is an app that helps Muslim to grow their wealth without compromising on. their beliefs. Kestrl: Muslim Money App - https://kestrl.io/ Saalim Chowdhury -   / saalimc   00:00 - Intro 02:46 - Recounting the application process to Techstars 03:10 - Screening process for Kestrl and initial misinterpretation 04:02 - Discussion on the lack of awareness and understanding of Islamic fintech 04:27 - Importance of diverse founders with lived experiences 05:54 - Saalim's diverse investment portfolio and focus on lived experiences 07:08 - Saalim's background and upbringing with a scarcity mindset 08:00 - Importance of abundance mindset for minority founders 08:56 - Reflection on Kestrl's mission and empathy in product development 09:40 - Money as a reflection of value creation 10:53 - Building institutions to cater to Muslims without guilt or exploitation 12:05 - Challenges of Islamic banks and legacy systems 13:18 - Influence of Saalim's father and the importance of community 15:39 - Saalim's admiration for his father's forward-thinking mindset 17:20 - Growing up in a Welsh village and community respect 18:58 - Encouragement from Saalim's father to take risks wisely 20:55 - Value of diverse opinions and healthy team dynamics 21:21 - Strengths and insecurities of immigrant founders 27:34 - Saalim's admiration for Areeb’s dedication during challenging times 28:43 - Differences between UK and US VCs' backgrounds and risk appetites 31:07 - Cultural and structural differences in early-stage investments 34:12 - Professional investors vs founder investors and their risk assessment 39:37 - Saalim's framework for selecting companies in an accelerator 41:08 - Team dynamics as a critical factor in startup success 42:27 - Advice on co-founders and conflict resolution 46:00 - Saalim's reflections on being a founder vs a VC 48:50 - Importance of finding one's calling and the influence of Saalim's father