On this episode of MEET THE GUEST with E PLUS The Storyteller ✍️,Mr. John Hunpatin, Faith-Driven CEO and Co-founder@Venture Capital and Private Equity//Impact Investor and Multipreneur, is our guest.
Our mission is to catalyze technology education, application, entrepreneurship, and micro-investments in startups with high potential to deliver exponential return on investment.
We believe the more humans that become equity owners of rapidly growing technology businesses, the better for us and our children, and communities.
We build systems, processes, communities, and networks needed to drive bilateral and multilateral partnerships, dedicated to achieving our intended outcomes.
We are seeking entrepreneurs, technology startup founders, business experts, and investors, ready to join us on this Win-Win mission.
E PLUS The Storyteller ✍🏿: Mr. John Hunpatin you're welcome to this exclusive segment of MEET THE GUEST WITH E PLUS THE STORYTELLER ✍🏾
John Hunpatin: Good afternoon madam, thank you.
E PLUS The Storyteller ✍🏿: Great 👍 So can we get to know you better, Mr. John Hunpatin?
John Hunpatin: I am a Co-founder and CEO of ODIGITAL Startup Drivers, an accelerator for technology education, advancement, entrepreneurship and investment syndicate.
I am a purpose-driven visionary, committed to uplifting many humans from positions of financial inadequacies to realms of financial abundance and wealth.
In order to achieve my vision, I partnered with individuals and organisations to launch ODIGITAL Startup Drivers, to provide and facilitate education and investments in high-growth assets with high potential to deliver superb return on investment for our investors.
E PLUS The Storyteller ✍🏿: Wow! This is really rich and I must say, an uplifting vision. So can you share with us, the entire story of ODIGITAL, and when you had the conviction to proceed?
John Hunpatin: My passion to be a force for creating positive change and socioeconomic impact has been with me since my youth, but ODIGITAL was conceived in 2022, when I was introduced to Tekedia Institute and Tekedia Capital USA, and we discovered opportunities to advance our mission.
E PLUS The Storyteller ✍🏿: Awesome 👍 So we would be right to say that ODIGITAL is a global brand, yes?
John Hunpatin: Absolutely, ODIGITAL Startup Drivers is a global community of technology startup founders, business experts, and angel investors who are committed to fostering growth and scaling of technology businesses operating in Africa, and beyond.
E PLUS The Storyteller ✍🏿: Great👍🏾 So can we get to know how one can register and the modalities?
John Hunpatin: At ODIGITAL Startup Drivers, we have lowered the price of coinvesting in Tekedia Capital's technology startup deals to a minimum of $250 per startup, after payment of a registration fee of N75,000.
The registration fee gives you access to coinvest in 4 consecutive funding rounds, with 2 done yearly. We had 3 exits in 2022, with our investors exiting with over 20 times return on investment in less than 2 years after funding, and 1 exit with 6 times return on investment after 7 months of investing.
E PLUS The Storyteller ✍🏿: Very impressive, I must say.
John Hunpatin: It truly offers outstanding value.
E PLUS The Storyteller ✍🏿: So, to the layman on the street, do you mind breaking down further the A-Z of what ODIGITAL actually do, for clearer understanding so we can all be on the same page? Thank you.
John Hunpatin: We operate a community driven approach to investing in high-growth technology businesses like Kuda bank, Flutterwave, Jumia, Opay, Moniepoint etc, while still in their early stages of growth, before they become category-king companies, and well-known global brands.
We want many more people to become equity owners of these rapidly growing businesses, by being able to invest affordable amounts of money, and also have the benefit of building a future of financial abundance and wealth.
Joining our community as an investor gives you access to invest in US Dollar denominated assets, that increase in value over time, and have great potential to deliver exponential multiples in return on investment. These are great assets for diversifying your portfolio, and achieving financial freedom and abundance.
E PLUS The Storyteller ✍🏿: Very insightful 👏🏽 Can an investor terminate his investment before maturity date? And if it's possible, is there any implication?
John Hunpatin: Once you coinvest with us, you cannot unilaterally terminate your investment. We only exit as a group at future funding rounds, and it's usually after we take a vote, and the majority vote, to exit or not, wins the toss.
E PLUS The Storyteller ✍🏿: Okay, thanks. So what determines return on investment?
John Hunpatin: The return on investment depends on various factors, such as the sector or industry that the business is operating in, the duration of holding the investment asset before exiting, and the market performance of the business itself. The ability to grow customers, revenues, and profits will affect valuation growth, as well as return on investment (ROI). The longer the time you hold on to the asset before you exit, will also affect the valuations, and ROI. Also, some sectors like banking and finance, health, agriculture give better returns than other sectors like insurance.
E PLUS The Storyteller ✍🏿: Great. So what is the minimum or maximum amount that can be invested, and minimum maturity time?
John Hunpatin: The minimum amount you can invest is $250 or Naira equivalent per startup, and there is no maximun amount. The minimum maturity time is not cast in stone, and but we advise between 3 - 5 years, and we exited 2 startups in 2022 in less than 2 years after funding, and 1 in less than 1 year.
The minimum maturity time will also depend on various factors such as the majority of investors voting to exit if the opportunity arrives at a future funding round, or whether we see a more efficient use of our capital, when an exit opportunity occurs, and we decide to take our money and invest in another more promising asset. We always seek for the most efficient use of capital invested to deliver outstanding return on invested capital.
E PLUS The Storyteller ✍🏿: As an investor, are my investments secured when the firm we are investing in goes out of business?
John Hunpatin: Investments are not secured if the invested company goes out of business, but we are developing a trust company with some of our very successful portfolio companies that will guarantee payback of every investor's principal investment, even if the startup goes out of business. We plan to launch the trust company in 2024 or 2025.
E PLUS The Storyteller ✍🏿: Great👍 Is the investment only in the area of technology, and What are the risks of investing in technology?
John Hunpatin: We only invest in technology-enabled startups with proprietary technology products driving their business performance. Before we invest in any technology company, we evaluate the value of the technology product they have, and ensure that the product is more valuable than our cash investment. We believe that even if the company folds up, we can use the technology product to pivot into other markets or launch other businesses.
E PLUS The Storyteller ✍🏿: So it's safe to say that there are no risk in investing in technology?
Mr John Hunpatin: The early-stage, technology startup investment sector is a high risk, high reward asset class, but we go the extra mile, to reduce the risk, and ensure that we minimize the possibility of our investors losing their principal investment. We are currently working on insuring every investor's principal investment against loss, even if the startup fails, in addition to providing critical business support to the founders throughout their growth and scaling journey.
E PLUS The Storyteller ✍🏿: Mr. John Hunpatin, Faith-Driven CEO and Co-founder@Venture Capital and Private Equity|Impact Investor and Multipreneur, thanks for taking time out to share this valuable information with us. We look forward to being part of this productive venture. Can you please share with us details of how we can reach you?
Dr. John Hunpatin:
* +2348099874275
* +2347088146099
Thank you very much for the opportunity to be part of your program. I look forward to further engaging discussions and collaborations with you, and your organisation.
E PLUS The Storyteller ✍🏿: You're welcome sir
Always a pleasure.
How to join ODIGITAL Club of equity owners of technology ventures?
To join us, you will pay a registration fee of N75,000, which gives you access to invest a minimum of $250 or Naira equivalent in 4 consecutive investment cycles. We do 2 or 3 cycles every year.
We also charge a carried interest fee of 22.5% of profit at exit, while you keep 77.5%. This means if you invest $1,000 and it grows to $11,000 at exit, you will get your $1,000 investment back, plus $7,750, while we keep $2,250.
The carried interest fee is our fee for all our critical business support services we provide for the founders and their ventures throughout their growth and scaling journey, and it aligns your success with ours, as partners on this Win-Win mission.
Our lead syndicator, Tekedia Capital USA, takes 20% of profit at exit, while we keep 2.5%, and our investors get 77.5%.
Join Us.
Let's Win Together.
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There you have it. Hopefully we get to make wise decisions towards the future. Take that step today. Stay tuned for more exclusive episodes of MEET THE GUEST WITH E PLUS THE STORYTELLER ✍🏾
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