Meetup Summary with Theme: Unlock Your Investment Opportunities
On March 17, 2024, Trustender held a meetup at the Amphitheatre at SCBX Next Tech, 4th Floor, Siam Paragon, on the topic of "Unlock your investment opportunities".
The first meetup of the year with the crowdfunding platform Trustender
Mr. Supakrit Boonsart, Acting Managing Director of Trustender, shared an overview of the current financial and global economic situation. He explained that the liquidity in the system has been drawn back due to the FED's interest rate hikes, causing central banks worldwide to raise policy interest rates to align with economic conditions. This has led to increased financial costs for businesses and reduced liquidity. Consumers are cutting down on unnecessary spending. While these situations may seem daunting, Mr. Supakrit sees them as an opportunity for crowdfunding platforms like Trustender to attract more quality businesses. However, in this economic climate, Mr. Supakrit believes that investors are still very cautious about investing due to defaults on several debentures, even from large companies with very high financial credit. Therefore, small companies seeking funding are perceived by investors as having very high risk. Mr. Supakrit also advised investors on diversification, suggesting that they should not invest in a single debenture but rather spread their investments across multiple debentures and various industries. This is because diversification reduces the chance of losing all investments even if a default occurs.
Increasing opportunities for investors and entrepreneurs is the pride of the crowdfunding platform Trustender.
Mr. Supakrit discussed new investment opportunities, which not only increase investment opportunities for investors but also provide opportunities for entrepreneurs who need funding without collateral on the Trustender crowdfunding platform. On this occasion, Mr. Supakrit also shared the experience of K.S. Premium, a business specializing in cut and pitted ready-to-eat fruits for convenience stores. The company raised funds in its first round as working capital to expand its business, leading to a significant increase in revenue. This is considered a success for the entrepreneur in growing their business, and investors received very high returns. It is also a success for the Trustender crowdfunding platform, which connected investors and entrepreneurs. Most recently, the company opened another fundraising round for a new product and successfully raised funds in March 2024.
Experience sharing session from those who successfully raised funds through the Trustender crowdfunding platform
In the second session, the Trustender crowdfunding platform invited entrepreneurs who successfully raised funds through the Trustender crowdfunding platform and whose companies are currently growing. The two guest speakers were Mr. Theprith Tipchatwawong, CEO of Coral Life Co., Ltd., a company that imports energy-saving building technology, including PM 2.5-free air inside buildings, and Mr. Apiwat Wangmeechai, Managing Director of Bon Kong Ngern Kong Thong Accounting Co., Ltd., a developer of cloud-based accounting software for entrepreneurs who need a highly flexible accounting system. They shared their experiences in issuing crowdfunding debentures on the Trustender crowdfunding platform, managing their businesses, and achieving success, along with a Q&A session with investors to address their questions.
Trustender crowdfunding platform thanks investors and entrepreneurs for their support.
The first meetup of 2024 received an overwhelmingly positive response. We would like to thank all investors for supporting the Trustender crowdfunding platform, as well as the entrepreneurs who raised funds on the Trustender crowdfunding platform and shared their experiences at this event. Please stay tuned for our next meetup!