{"id":77,"date":"2021-04-08T00:00:00","date_gmt":"2021-04-08T00:00:00","guid":{"rendered":"https:\/\/markupbackup.wordpress.com\/2021\/07\/21\/durians-daily-229-on-spacs-esgs-khailee-wants-proof-over-promise-aerodynes-ey-entrepreneur\/"},"modified":"2021-08-03T08:56:39","modified_gmt":"2021-08-03T08:56:39","slug":"durians-daily-229-on-spacs-esgs-khailee-wants-proof-over-promise-aerodynes-ey-entrepreneur","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=77","title":{"rendered":"Daily Markup #229: On SPACs &#038; ESGs, Khailee wants proof over promise; Aerodyne\u2019s EY Entrepreneur of the Year; abillion\u2019s vegan awards make the rounds"},"content":{"rendered":"<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"700\" data-height=\"483\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dacfc1c1d.jpg\"><figcaption class=\"wp-caption-text\">Credit: Digital News\u00a0Asia<\/figcaption><\/figure>\n<p><strong>Realistically optimistic<\/strong><\/p>\n<ul>\n<li>Managing partner at <a href=\"https:\/\/500.co\/\" target=\"_blank\" rel=\"noopener\">500 Startups<\/a> Khailee Ng was interviewed at a conference, where he <a href=\"https:\/\/www.digitalnewsasia.com\/startups\/khailee-ng-understanding-spacs-esgs-and-underlying-trends\" target=\"_blank\" rel=\"noopener\">shared his opinion<\/a> on Special Purpose Acquisition Companies (SPACs) and Environmental, Social, and Governance (ESGs).<\/li>\n<li>In a nutshell? They\u2019re both things to get excited about, but there needs to be a dose of reality about what is possible, given they are promising rather than proven.<\/li>\n<li>When it comes to SPACs, Khailee expressed caution about the companies he represents. \u201cWe don\u2019t want them to go public with a SPAC, just to tank. We want them to have a viable exit and we want our companies to be ready for the public markets.\u201d<\/li>\n<li>On the ESGs, he believes that leaders have to embrace it, adding that founders have to be the experts as well. \u201cWe want ESG to get to that point where the founder knows innately what impact he or she and their company has, both good and bad,\u201d he added, \u201cI want to be on the right side of history<\/li>\n<li>Read the full coverage of Khailee\u2019s interview on Digital News Asia <a href=\"https:\/\/www.digitalnewsasia.com\/startups\/khailee-ng-understanding-spacs-esgs-and-underlying-trends\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1440\" data-height=\"1012\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dad085980.jpg\"><figcaption class=\"wp-caption-text\">Credit: The Edge\u00a0Options<\/figcaption><\/figure>\n<p><strong>A double scoop<\/strong><\/p>\n<ul>\n<li>Founder and CEO of 500-backed drone startup <a href=\"https:\/\/aerodyne.group\/\" target=\"_blank\" rel=\"noopener\">Aerodyne<\/a>, Kamarul A Muhamed, <a href=\"https:\/\/www.optionstheedge.com\/topic\/people\/founder-and-ceo-aerodyne-group-kamarul-muhamed-ey-entrepreneur-year-2020-malaysia\" target=\"_blank\" rel=\"noopener\">has been unanimously named<\/a> EY Entrepreneur Of The Year 2020 Malaysia. He was also awarded the winner of the Technology Entrepreneur category.<\/li>\n<li>Kamarul will represent Malaysia and join more than 60 other country winners to compete for the coveted EY World Entrepreneur Of The Year in June this year.<\/li>\n<li>Kamarul founded Aerodyne in 2014 with a specialty in aerial imagery. The startup has since pivoted to data intelligence, integrated solutions and now, Drone Tech, Data Tech, and Digital Transformation (DT3). According to Options, The Edge, Aerodyne is ranked second in the world by Drone Industry Insights of Germany, Aerodyne has over 400 drone professionals operating in the Unmanned Aerial Vehicle (UAS) services sector, managing more than 300,000 infrastructure assets with 110,000 flight operations across 35 countries globally.<\/li>\n<li>Read the full article on Options, The Edge <a href=\"https:\/\/www.optionstheedge.com\/topic\/people\/founder-and-ceo-aerodyne-group-kamarul-muhamed-ey-entrepreneur-year-2020-malaysia\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"600\" data-height=\"600\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dad0ea111.jpg\"><figcaption class=\"wp-caption-text\">Credit: A Kind\u00a0Bowl<\/figcaption><\/figure>\n<p><strong>Top of the crops<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/cnalifestyle.channelnewsasia.com\/dining\/top-50-vegan-dishes-in-singapore-abillion-14435592\" target=\"_blank\" rel=\"noopener\">CNA Lifestyle<\/a> featured 500-backed <a href=\"https:\/\/www.abillion.com\/\" target=\"_blank\" rel=\"noopener\">abillion<\/a>\u2019s 2021 Singapore Top 50 Vegan Dish Awards, an initiative that recognizes the best plant-based options available locally.<\/li>\n<li>The winners were determined via more than 40,000 reviews, with more than 50% of the dishes chosen coming from non-vegan\/vegetarian establishments.<\/li>\n<li>The three-year-old app currently has 300,000 members globally, with 25,000 of them in Singapore.<\/li>\n<li>\u201cIn our first year there were less than 1,000 plant-based dishes in Singapore on offer through the app and we\u2019ve just crossed 16,000!\u201d said Vikas Garg, founder and CEO of abillion. \u201cIt\u2019s a huge milestone for sustainability, as we work with nearly 4,000 restaurants across the country to help them improve their dining options.\u201d<\/li>\n<li>Read the full feature on CNA Lifestyle <a href=\"https:\/\/cnalifestyle.channelnewsasia.com\/dining\/top-50-vegan-dishes-in-singapore-abillion-14435592\" target=\"_blank\" rel=\"noopener\">here<\/a> and view the full list of the 50 winners on abillion <a href=\"https:\/\/www.awards.abillion.com\/sg-top-50-vegan-dish-awards-2021\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<hr>\n<p><strong>Missed out the last Daily Markup? Go <\/strong><a href=\"https:\/\/dailymarkup.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> to check it out.<\/strong><\/p>\n<p><strong>You can also find us on <\/strong><a href=\"https:\/\/www.linkedin.com\/company\/500-durians\/\" target=\"_blank\" rel=\"noopener\"><strong>LinkedIn<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.facebook.com\/500durians\/\" target=\"_blank\" rel=\"noopener\"><strong>Facebook<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/twitter.com\/500Startups_SEA\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.instagram.com\/500durians\/?hl=en\" target=\"_blank\" rel=\"noopener\"><strong>Instagram<\/strong><\/a><strong>.<\/strong><\/p>\n<figure><img decoding=\"async\" data-width=\"400\" data-height=\"400\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7dad139c84.jpg\"><\/figure>\n<p>500 Startups is a venture capital firm on a mission to discover and back the world\u2019s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.<\/p>\n<p><em>This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively \u201c500 Startups\u201d) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Information about portfolio companies\u2019 markets, competitors, performance, and fundraising has been provided by those companies\u2019 founders and has not been independently verified. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to provide any investment advisory service with regard to securities by 500 Startups. No content or information in this post should be construed as an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. One or more 500 Startups fund may have a financial interest in one or more of the companies discussed.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit: Digital News\u00a0Asia Realistically optimistic Managing partner at 500 Startups Khailee Ng was interviewed at a conference, where he shared his opinion on Special Purpose Acquisition Companies (SPACs) and Environmental, Social, and Governance (ESGs). In a nutshell? They\u2019re both things to get excited about, but there needs to be a dose of reality about what [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":2035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[372,334],"class_list":["post-77","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-abillionveg","tag-aerodyne"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #229: On SPACs &amp; ESGs, Khailee wants proof over promise; Aerodyne\u2019s EY Entrepreneur of the Year; abillion\u2019s vegan awards make the rounds - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=77\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #229: On SPACs &amp; ESGs, Khailee wants proof over promise; Aerodyne\u2019s EY Entrepreneur of the Year; abillion\u2019s vegan awards make the rounds - Markup\" \/>\n<meta property=\"og:description\" content=\"Credit: Digital News\u00a0Asia Realistically optimistic Managing partner at 500 Startups Khailee Ng was interviewed at a conference, where he shared his opinion on Special Purpose Acquisition Companies (SPACs) and Environmental, Social, and Governance (ESGs). 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