Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Christopher Quek

👤 Speaker
638 total appearances

Appearances Over Time

Podcast Appearances

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

I actually have a network of over 300 family business owners across Southeast Asia. And there's always these common themes that starts first. Number one, how do I talk to my parents? How do I have a good working relationship with my parents and a family relationship back at home? Number two, I don't like the way that my parents are doing things and I need to transform this business.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

I actually have a network of over 300 family business owners across Southeast Asia. And there's always these common themes that starts first. Number one, how do I talk to my parents? How do I have a good working relationship with my parents and a family relationship back at home? Number two, I don't like the way that my parents are doing things and I need to transform this business.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

How do I convince my parents I can transform this business well? And what do I do next to transform this business to make sure that it survives and is in tune with the current trends and interests? And so it leads down to one, What I'm doing right now is a venture capitalist at Thrice.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

How do I convince my parents I can transform this business well? And what do I do next to transform this business to make sure that it survives and is in tune with the current trends and interests? And so it leads down to one, What I'm doing right now is a venture capitalist at Thrice.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

And basically for us, our goal is to be that bridge between family businesses and technology startups with very good solutions and to actually add on these technology solutions into the family businesses. So I'm actually, you put it this way, we're creating a little interesting ecosystem where Thrive is really invested by the family businesses.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

And basically for us, our goal is to be that bridge between family businesses and technology startups with very good solutions and to actually add on these technology solutions into the family businesses. So I'm actually, you put it this way, we're creating a little interesting ecosystem where Thrive is really invested by the family businesses.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

It is for the family businesses because the startups that we bring in, the technologies that bring in are being integrated into the family's operations itself. Just a little bit of that element that we are seeing here is that we understand the challenges that these next-gens are facing.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

It is for the family businesses because the startups that we bring in, the technologies that bring in are being integrated into the family's operations itself. Just a little bit of that element that we are seeing here is that we understand the challenges that these next-gens are facing.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We do, number one, the solution, which is, of course, the technical solutions, getting the startups to support them. But the next step that we also get involved with them is also counselling them, advising them and showing them best practices of how other next-gens do it.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We do, number one, the solution, which is, of course, the technical solutions, getting the startups to support them. But the next step that we also get involved with them is also counselling them, advising them and showing them best practices of how other next-gens do it.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

Thank you very much for affirming and endorsing this model, Vince. It speaks a lot of weight when you share that with me. And it helps to affirm that what we're doing is right. In fact, I would have to admit to you that while that is our major goal, is to build this whole ecosystem of next-gen, we also have a little bit of our fun. Where we get to pick on kind of pet projects that

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

Thank you very much for affirming and endorsing this model, Vince. It speaks a lot of weight when you share that with me. And it helps to affirm that what we're doing is right. In fact, I would have to admit to you that while that is our major goal, is to build this whole ecosystem of next-gen, we also have a little bit of our fun. Where we get to pick on kind of pet projects that

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We want to get very deeply involved. I have been really fortunate to have this opportunity to invest in this company called TADA, which is the third largest ride hailing in Southeast Asia. Think of your Uber, think of your Grab. TADA is number three across Southeast Asia and it's highly profitable. But the reason why we went in wasn't because it was just profitable.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

We went in because we wanted a positive impact to humans. And we found that also resonated with a lot of next-gen business owners who were educated in the Western world. And they wanted to make sure that there's a little bit more heart in their businesses. And we had a number of investors that came in to support this particular investment healing.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

And the reason why we love this one was that a partner driver that is part of TADA earns 1.4 times more than its competitors when they use the TADA platform. And that's because TADA platform does not charge any commissions to the drivers. I guess this is just something that we felt really good that we're making a difference to humans.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.

Chief Change Officer
#222 Inheritance? No Thanks. Chris Quek’s Boldest Bet Yet – Part 2

The average person in Southeast Asia who is driving, their main occupation is about private ride hailing. And knowing that they are taking back 1.4 times more back home by supporting their families was something that I felt was really important. It found actually extra meaning to me. Not to say that our current main agenda is not delivering also the outcomes that we're expecting.