Podcasts about corporates

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Best podcasts about corporates

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Latest podcast episodes about corporates

Brave Dynamics: Authentic Leadership Reflections
Ziv Ragowsky: Corporate Venture Myths, Why Innovation Fails & How Startups Survive Inside Conglomerates – E671

Brave Dynamics: Authentic Leadership Reflections

Play Episode Listen Later Feb 18, 2026 25:32


Ziv Ragowsky, Co-Founder of Wright Partners, joins Jeremy Au to unpack why corporate venture building remains one of Southeast Asia's hardest but most misunderstood innovation strategies. They explore how large corporations chase growth under pressure, why many internal ventures fail before traction, and how misaligned incentives quietly destroy promising ideas. The conversation covers when companies should build instead of buy, how lean venture design keeps startups investable, and why founder equity must evolve as risk shifts over time. Ziv also shares how venture builders act as translators between corporate logic and startup execution, and why honest advice sometimes means telling a client not to build at all. 03:00 Early ventures look irrelevant inside giant corporates: Small pilot businesses struggle to survive because billion-dollar organizations cannot emotionally commit to tiny revenue bets. 03:55 Overpromising innovation creates failure incentives: Corporates exaggerate projections to justify programs, which pushes ventures into unhealthy growth behavior. 08:45 Build only when buying makes no strategic sense: Companies should create new ventures only when acquisition is overpriced or the problem is uniquely theirs to solve. 15:00 Lean venture budgets protect future funding: Startups that spend like corporates become uninvestable before reaching real traction. 18:10 Corporate-heavy cap tables scare investors: Excess ownership and control crush founder motivation and block external capital. 20:15 Founder-led governance attracts venture capital: Investors prefer startups structured for entrepreneurial control rather than corporate hierarchy. 22:10 Honest advice sometimes means refusing to build: Saying no to bad ventures preserves long-term outcomes even if it costs short-term business. Watch, listen or read the full insight at https://www.bravesea.com/blog/ziv-ragowsky-corporate-innovation-trap Get transcripts, startup resources & community discussions at www.bravesea.com WhatsApp: https://whatsapp.com/channel/0029VakR55X6BIElUEvkN02e TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea English: Spotify | YouTube | Apple Podcasts Bahasa Indonesia: Spotify | YouTube | Apple Podcasts Chinese: Spotify | YouTube | Apple Podcasts Vietnamese: Spotify | YouTube | Apple Podcasts #CorporateInnovation #VentureBuilding #StartupStrategy #SoutheastAsia #VentureCapital #FounderIncentives #CorporateGovernance #InnovationStrategy #VentureStudios #BRAVEpodcast

The Best of Breakfast with Bongani Bingwa
Corporates That Care: Empowering South Africa's Young Entrepreneurs

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Feb 18, 2026 9:12 Transcription Available


On Corporates That Care, we explore a programme making a real difference for young South Africans looking to start their own businesses. Metropolitan Collective Shapers is helping youth entrepreneurs move from merely “getting by” to building sustainable businesses that create jobs, strengthen families, and uplift communities. From agriculture in KwaZulu-Natal to food and hospitality in Tshwane, the initiative provides mentorship, training, financial guidance, and market access, offering young people the tools to grow rather than just a handout. Joining the conversation is Lindiwe Gumede, Chief Marketing Officer at Metropolitan, to explain how the programme works and why it matters for the future of youth entrepreneurship in South Africa. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio7See omnystudio.com/listener for privacy information.

EUVC
E693 | Alex Dang, The Venture Mindset: How Corporates Can Beat VCs in the AI Race – The Venture Mindset in Action

EUVC

Play Episode Listen Later Feb 11, 2026 48:50


Welcome to another episode of the EUVC Podcast! Today, we're diving into How Corporates Might just be able Beat VCs in the AI Race. Or maybe more importantly, how we can collaborate.Our guest is Alex Dang, co-author of the bestselling book The Venture Mindset: How to Make Smarter Bets and Achieve Extraordinary Growth. Alex is a seasoned technology executive and innovation advisor with over two decades of experience. He was a product leader at Amazon, where he launched new businesses across e-commerce, supply chain, and AI; a partner at McKinsey, helping Fortune 500 companies build digital ventures; and today advises corporate leaders and investors on AI strategies, venture building, and applying VC principles to large organizations.In this conversation, Alex shares provocative insights on why the venture mindset is now non-negotiable for corporates in the AI era, where incumbents hold hidden advantages over VCs, and how to avoid “innovation theater” while turning data, distribution, and scale into real venture wins.Let's jump in!Here's what's covered:01:56 | The Venture Mindset in one frame with nine principles from 20 years of Stanford VC research: uncertainty → portfolios → outliers03:44 | The post-book update Alex wishes he had added time compression: “days, not weeks,” and the rise of the “one slice team”05:53 | Venture mindset applied to AI 07:34 | Why “adding AI” is the wrong framing; start customer-backward, not tech-backward08:43 | “AI theater”, innovation theater and press release strategies vs real product value11:19 | The European corporate trap: regulation, consensus, and downside protection as the enemy of transformation11:56 | The right AI rollout sequence with start in back office to learn and protect trust, then go customer-facing at scale15:21 | Why CVCs die after 3.7 years: incentives, leadership fear, and why corporate venturing fails structurally17:24 | AI is now the world's most democratized intelligence: everyone has the same tools; the gap is execution18:47 | Where corporates fit in venture + startup ecosystems: strengths: data, distribution, enterprise scale20:38 | When corporates should build in-house, when to partner, and why AI must become an internal muscle25:24 | Incentives drive behavior: why executives won't take venture-style risks unless failure is structurally safe28:18 | AI-native teams and corporate reskilling among smaller, senior teams + digital workers replacing junior tasks35:24 | What happens to the average corporate employee: tasks disappear, workflows evolve, but people still matter38:50 | If Alex were CEO: how to move a workforce into an AI-safe future and target 25% profit uplift through AI44:01 | Most counterintuitive venture principle — “drop bad ideas fast” and why persistence is sometimes the wrong discipline46:05 | What top CEOs are doing right now: coding with Claude, learning by building, and staying close to users49:00 | The compounding effect: “what was impossible 6 months ago is normal today” and why constant feedback loops win

The Best of Breakfast with Bongani Bingwa
Corporates That Care: Republic of Mozambique Pipeline Investments Company (ROMPCO)

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Feb 11, 2026 11:20 Transcription Available


Bongani Bingwa speaks with Mlandzeni Boyce, CEO of ROMPCO, about the company’s Learner Support Programme—an education initiative aimed at supporting learners in rural and under-resourced schools in Mpumalanga and KwaZulu-Natal, with a focus on maths, science, dignity, and long-term opportunities. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio7See omnystudio.com/listener for privacy information.

The White Rabbit
138. Matthew Rawle On Devotion To Big Numbers and Newsletters For Corporates

The White Rabbit

Play Episode Listen Later Feb 9, 2026 29:48


Owned-media expert Matthew Rawle goes into the error of thinking you need large numbers to make a newsletter work, how much to talk about the technical details of the problem you solve vs. how much to show pictures of your dog, and how to make a newsletter work if you are a corporate employee.

Moody’s Talks: KYC Decoded
From KYC Decoded to Risk Reframed

Moody’s Talks: KYC Decoded

Play Episode Listen Later Feb 4, 2026 35:06


The risk landscape is evolving and so are we! By audience demand "KYC Decoded" has become "Risk Reframed". This Moody's Talks show will deliver insights across the risk areas, as well as providing practical strategies and thought leadership for risk professionals operating in today's complex landscape. In this episode, host Alex Pillow is joined by Samantha Hall, Head of Commercial Strategy for Corporates at Moody's, to discuss why reframing risk is essential for businesses navigating an era of rapid change. Together, they unpack interconnected risk, explore why unified strategies are the future, and how Moody's is helping organizations stay ahead of cascading threats. Highlights include: Top risk management themes to watch in 2026 What defines interconnected risk and its key drivers Why this risk landscape demands unified risk management Moody's vision for predictive analytics, transparency, and trusted data Thanks for tuning in—whether you're returning or new—and get ready for a bold era of Risk Reframed! To learn more about Moody's please visit our website or get in touch; we would love to hear from you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

EUVC
E687 | Axel Deniz, CEO Bosch Business Innovations: Venture Building, Spinouts & How Corporates Can Power Europe's Deep Tech Wave

EUVC

Play Episode Listen Later Jan 28, 2026 33:29


Welcome back to the EUVC Corporate Podcast. This week, Jeppe sits down with Axel Deniz, CEO of Bosch Business Innovations and Head of Venture Building at Bosch.Axel is building Bosch's venture-building engine with a clear mandate: get Bosch technology out into the world, through founder-led spinouts, joint ventures, and seed rounds that can stand on their own with external investors. With ~80,000 active patents, 20 new patents per day, and 20,000 researchers globally, Bosch has the assets. Axel's job is turning them into investible companies.

The Best of Breakfast with Bongani Bingwa
Corporates that Care: Supporting learners through the Hollywood Foundation's Back-to-School initiative

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Jan 28, 2026 8:53 Transcription Available


Bongani Bingwa speaks to Hollywood Group spokesperson Mpumelelo Lembede about the Hollywood Foundation’s Back-to-School initiative, which aims to support thousands of learners across South Africa who start the school year without basic essentials such as uniforms, shoes and stationery. The conversation explores how Hollywood Bets has invested millions into no-fee-paying schools to help learners arrive at school prepared, confident and ready to learn, while also easing financial pressure on families. Beyond material support, the discussion highlights how the initiative restores dignity, promotes equal access to education, and gives children a fair start from the very first day of the school year. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

The Future of Money
David Bailey, CEO of Bitcoin Treasury Firm Nakamoto, on the Rise of DATs, Bitcoin Purchases from Corporates and the Future of Finance

The Future of Money

Play Episode Listen Later Jan 27, 2026 9:27


This interview was recorded during Abu Dhabi Finance Week. We explore the rise of Bitcoin treasury firms, why the future of global finance may rest on Bitcoin rails, and how central banks are quietly accumulating BTC behind the scenes. - Why Bitcoin on corporate balance sheets is just getting started - The explosion of Bitcoin treasury companies and why half may disappear - What makes a sustainable treasury model in crypto markets - Whether stablecoins or Bitcoin will underpin the future financial system - Why central banks are embracing Bitcoin—publicly and privately - How Abu Dhabi is becoming a Bitcoin superpower in the Middle East Powered by Phoenix Group The full interview is also available on my YouTube channel: YouTube: https://bit.ly/3ZyVNHH  

Kloppers Inc. Podcast
Unpaid levies? Lights out: Court empowers Body Corporates

Kloppers Inc. Podcast

Play Episode Listen Later Jan 14, 2026 3:46


In this episode, we explore a significant Johannesburg High Court ruling that empowers body corporates to disconnect electricity for sectional title owners who fall behind on levies and utility bills, as long as proper legal procedures are followed. We'll delve into the Body Corporate V Khatisi case, highlighting the balance between financial obligations and homeowner rights. Discover how this decision impacts property law, ensures the financial health of sectional title schemes, and what it means for both paying and non-paying owners within community management. Join us for an insightful discussion on the responsibilities and rights tied to property ownership.

Thoughts on the Market
How Will Credit Markets Fare in 2026?

Thoughts on the Market

Play Episode Listen Later Dec 19, 2025 8:22


To conclude their two-part discussion, our Head of Corporate Credit Research Andrew Sheets and Chief Investment Officer for Morgan Stanley Wealth Management Lisa Shalett discuss the outlook for inflation and monetary policy, with implications for investment-grade credit.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Corporate Credit Research at Morgan Stanley.Lisa Shalett: And I am Lisa Shalett, Chief Investment Officer of Morgan Stanley Wealth Management.Andrew Sheets: Yesterday we focused on the topic of a higher for longer inflation regime, and I was asking the questions. Today, Lisa will grill me on my views for the next year. It's Friday, December 19th at 4pm in London. Lisa Shalett: And it's 11am in New York. All right, Andrew, I'm happy to turn tables on you now. I'm very interested in your thoughts about the past year – 2025 – and looking towards 2026. In 2026, Morgan Stanley Research seems to expect a resilient global growth backdrop, with inflation moderating and central banks easing policy gradually. What do you think are the main drivers behind this more constructive inflation outlook, especially taking into account the market's prevailing concerns about persistent price pressures. Andrew Sheets: There are a couple of factors that we think are going to be near term helps for inflation, although I don't think they totally rule out what you're talking about over that longer term period.So first, we, at Morgan Stanley, are very cautious, very negative on oil prices. We think that there's going to be more supply of oil over the next year than demand for it. And so lower oil prices should help bring inflation down. There's also some measures of just how the inflation indices measure shelter and housing. And so, while we think, kind of, looking further ahead, there are some real shortages emerging in things like the rental markets – where you just haven't had a whole lot of new rental construction coming online, as you look out a year or two ahead. But in the near term, rental markets have been softer. Home prices are coming down with a lag in the data. And so, shelter inflation is relatively soft. So, we think that helps. While at the same time fiscal policy is very supportive and corporates, as we discussed in our last conversation, they're really embracing animal spirits – with more spending, more spending on AI, more capital investment generally, more M&A. And so, those factors together, we think, can over the next 12 months, still mean pretty reasonable growth and Inflation that's still above target – but at least trending a little bit lower. Lisa Shalett: You believe that central banks, including the Fed, will cut rates more slowly given better growth. And this slower pace of easing could actually be positive for the credit markets. So, could you elaborate on your expertise on credit and why a gradual Fed approach may be preferable? What risks and opportunities might this create? Andrew Sheets: Yeah, so I think this is kind of one of these big debates going into this year is – which would we rather have? Would we rather have a Fed that was more active, cutting more aggressively? Or cutting more slowly? And, indeed, we're having this conversation on the heels of a Fed meeting. There's a lot of uncertainty about that path. But the way that we're thinking about it is that the biggest risk to credit would be that this outlook for growth that we have is just too optimistic. That actually growth is weaker than expected. That this rise in the unemployment rate is signaling something far more challenging for the economy ahead and in that scenario the Fed would be justified in cutting a lot more. But I think historically in those periods where growth has deteriorated more significantly while the Fed has been cutting more, those have been periods where credit – and indeed the equity market – have actually done poorly despite more quote unquote Fed assistance. So, periods where the Fed is cutting more gradually tend to be more consistent with policy in the right place. The economy being in an okay place. And so, we think, that that's the better outcome. So again, we have to kind of monitor the situation. But a scenario where the Fed ends up doing a little bit less than the market, or even we expect with rate cuts – because the economy's holding up. That can still be, we think, an okay scenario for markets. Lisa Shalett: So, things are okay and animal spirits are returning. What does that mean for credit markets? Andrew Sheets: Yeah, so I think this is the bigger challenge: is that if our growth scenario holds up, corporates I think have a lot of incentives to start taking more risk – in a way that could be good for stock markets, but a lot more challenging to the lenders, to these companies for credit. Corporates have been impressively restrained over the last several years. They've really, kind of, held back despite lots of fiscal easing, despite very low rates. Those reasons for waiting are falling away. And so, in this backdrop that you, Lisa, were describing the other day around – easier monetary policy, easier fiscal policy, easy regulatory policy, and you know, just for good measure, maybe the biggest capital spending cycle since the railroads through AI. These are some pretty powerful forces of animal spirits. And that's a reason why we think ultimately, we see a lot more issuance. We see roughly a trillion dollars of net supply. So, total supply, less redemptions in U.S. investment grade. That's a huge uptick from this year, and we think that drives spreads wider, even if my colleague Mike Wilson is correct that equity markets rise. Lisa Shalett: So, wow. So, we have very strong U.S. equities. But perhaps an investment grade credit market that underperforms those equities. How else would you think about your asset allocation more broadly, and how might those dynamics around credit issuance and equity success play out regionally? Andrew Sheets: Yeah, so, I think this scenario where equities are up, credit is underperforming. The cycle is getting more aggressive. It's a little unusual, but I think we do have some templates for it and specifically I think investors could look to 2005 or 1997 and 1998. Those were all years where equities were up double digits, where credit spreads were wider. Where yields were somewhat range bound, where corporate aggression was increasing. That is all very consistent with Morgan Stanley's 2026 story. And yet, you did have this divergence between equities and credit market. So, I think it is a market where we see better risk-reward in stocks than in credit. I think it's a market where we want to be in somewhat smaller credits or somewhat smaller equities. We like small and mid cap stocks in the U.S. over large caps. We like high yield over investment grade. And we do think that European credit might outperform as it's somewhat lagging this animal spirits theme that we think will be led by the U.S. Lisa Shalett: So, if that's the outlook, what are the risks? Andrew Sheets: Yeah, so I think there are two risks, and you know, we alluded to one of them early on in this conversation – would be just that growth is weaker than we expect. Usually when the unemployment rate is rising, that's a pretty bad time to be in credit. The unemployment rate is rising. Now, Morgan Stanley economists think that that rise will be temporary, that it will reverse as we go through 2026. And so, it'll be less of a thing to worry about. But you know, a sign that maybe companies have been holding off on firing, waiting for more tariff clarity, if that doesn't come, then that would be a risk to growth. The other risk to growth is just around this AI-related spending. It is very large and the companies that are doing it are some of the wealthiest companies in the world, and they see this spending potentially as really core to their long-term strategic thinking. And so, if you were to ever have an issuer or a set of issuers who were just less price sensitive, who would keep issuing into the market, even if it was starting to reprice that market and push spreads wider, this might be the group. And so, a scenario where that spending is even larger than we expect, and those issuers are less price sensitive than we expect – that could also drive spreads wider, even if the underlying economic backdrop is somewhat okay. Lisa Shalett: Super. That's probably a great place for us to wrap up. So, I'll hand it back to you, Andrew. Andrew Sheets: Well, great, Lisa, always a pleasure to have this conversation. And, as a reminder for all you listening, if you enjoy Thoughts of the Market, please take a moment to rate and review us wherever you listen, it helps more people find the show. *****Lisa Shalett is a member of Morgan Stanley's Wealth Management Division and is not a member of Morgan Stanley's Research Department. Unless otherwise indicated, her views are her own and may differ from the views of the Morgan Stanley Research Department and from the views of others within Morgan Stanley.

Wirtschaft Düsseldorf unplugged
#232 Zwei neue Geschäftsführerinnen für den Digihub: Wirtschaft unplugged mit Lisa Brauer und Nadine Thees (digihub)

Wirtschaft Düsseldorf unplugged

Play Episode Listen Later Dec 18, 2025 35:39


In der aktuellen Folge von Wirtschaft Düsseldorf Unplugged spricht Moderatorin Andrea Greuner mit Lisa Brauer und Nadine Thees, Geschäftsführerinnen des Digital Innovation Hub Düsseldorf / Rheinland. Der digihub verbindet seit Jahren Start-ups, Mittelstand, Corporates, Wissenschaft und öffentliche Partner – und spielt eine zentrale Rolle bei der Förderung von Innovation, Digitalisierung und technologischem Fortschritt in NRW. Seit Oktober 2025 ist Nadine Thees beim Digihub mit an Board, zum 1.12. ist die Geschäftsführung mit Lisa Brauer wieder vollständig besetzt. Jetzt heißt es, die strategische Ausrichtung des Hubs neu zu formulieren, vorhandene Stärken auszubauen aber auch neue Wege zu gehen. Was beiden wichtig ist: Die bestehenden Stärken des Hubs zu nutzen, aber auch eigene berufliche Erfahrungen einzubringen um neue regionale und internationale Impulse zu geben. Im Podcast sprechen Sie über: ✅ Wie der Digihub Startups und Scaleups fördert.  ✅ Wie Unternehmen von einer Partnerschaft profitieren können  ✅ Wieso sich der neue Job wie ein Homecoming anfühlt ✅ Welche Visionen sie für den Digihub haben Lisa Brauer und Nadine Thees teilen ihre Einblicke, Antriebe und Erfahrungen mit Startups, Scaleups und weiteren Innovationspartnern, die Sie jeden Tag aufs neue inspirieren.

TreasuryCast
ISO 20022 - What does it mean for Banks and Corporates?

TreasuryCast

Play Episode Listen Later Dec 17, 2025 37:15


In this episode, Danielle Johnson (Westpac) joins Vibhor Narang and Danielle Sharpe (Standard Chartered) to discuss the impact of the ISO 20022 transition on corporate and bank clients. They explore how multinational corporations and financial institutions are utilising ISO 20022 to revolutionise their operations, highlighting both the opportunities and challenges involved.

The Payments Podcast
2026 Payments Outlook for Corporates

The Payments Podcast

Play Episode Listen Later Dec 16, 2025 16:59


In this special 2026 Payments Outlook episode of the Payments Podcast, host Owen McDonald is joined by experts Jeff Feuerstein and Richard Ransom to unpack what corporates can expect in 2026. From rising fraud threats and compliance mandates to the strategic role of payment hubs and embedded payments, this discussion explores how AI, open banking, and advanced analytics will reshape B2B payment security, efficiency, and liquidity management. If you're planning for the future of corporate finance, this is a must-listen.

Explore Podcast | Startups Founders and Investors
[Live @ Supercluster] #4: The state of European climate tech with Eglantine Dupuy (Dealroom)

Explore Podcast | Startups Founders and Investors

Play Episode Listen Later Dec 14, 2025 20:49


The Best of Breakfast with Bongani Bingwa
Corporates that Care: NTT DATA's Saturday School Program

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Dec 3, 2025 11:14 Transcription Available


Bongani Bingwa speaks to Amantha Naidoo, managing director at NTT DATA about the look to showcase their flagship CSR initiative, the Saturday School program, and its impact on education, youth development, and corporate social responsibility. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

The Best of Breakfast with Bongani Bingwa
Corporates that Care with Total Energies

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Nov 26, 2025 11:26 Transcription Available


Ray White speaks to Talitha Sachane, CSI Manager at Total Energies, about the company’s ongoing support for meaningful social impact in South Africa. Since 1997, Total Energies has quietly partnered with Buskaid in Soweto, a project where young people use violins and cellos as a pathway to a brighter future. What began with borrowed office space has grown into a world-class music school, producing talented musicians who have performed for presidents, royalty, and even at the BBC Proms. Sachane discusses how this partnership demonstrates real impact beyond corporate branding, nurturing talent, creating opportunities, and changing lives. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

Mastering Risk Management Podcast
MRM Episode 120 - Chris Maguire

Mastering Risk Management Podcast

Play Episode Listen Later Nov 25, 2025 28:22


Today's episode is my discussion with Chris Maguire, Head of Product and Industry for Corporates at Thomson Reuters. Previously, he served as the General Manager of Corporate Risk, where he was responsible for managing U.S. sales, client management, and revenue for corporate CLEAR, Court Express, and other risk offerings. Before this role, Chris was the General Manager of Corporate Legal Software, Risk, and Compliance. Chris joined Thomson Reuters in 2005. From 2012 through 2017, he was the Global Head of Strategy for Thomson Reuters Legal. During 2016 and 2017, he also represented the Legal business at the Enterprise Centre in Zug, Switzerland.With this experience behind him, Chris generously shares his experiences in everything from acquisitions to compliance, from legal content & software right through to tax needs and of course, the famous Reuters news service.This is a broad ranging discussion and well worth the investment of your time!Send us a textContact ABM Risk Partnership to optimise your risk management approach: email us: info@abmrisk.com.au Tweet us at @4RiskCme Visit our LinkedIn page https://www.linkedin.com/company/18394064/admin/ Thanks for listening to the show and please keep your guest suggestions coming!

EUVC
E653 | Elisabeth Schrey, Deep Tech & Climate Fonds (DTCF): DeepTech & Climate Fonds

EUVC

Play Episode Listen Later Nov 19, 2025 42:11


A billion-euro bet on Europe's most uncertain frontiers: climate, deep tech, and industrial transformation. Can government-backed funds catalyze global champions—or do they risk crowding out private capital?Dr. Elisabeth Schrey leads the Deep Tech & Climate Fonds (DTCF), a €1B investment vehicle co-financed by Germany's Future Fund and ERP Special Fund. From Munich to Berlin to Brussels, she's navigating the hardest question in European venture: how to deploy government capital without distorting markets.Together, we explore how DTCF is shaping Europe's growth-stage landscape, what it takes to invest in policy-fragile verticals like hydrogen and climate tech, and why Europe's future industrial champions may depend on funds like this.Here's what's covered:01:47 Why Elisabeth Took the Helm at DTCF (and What Gap It Fills)03:32 The Co-Investment Model: Benefits, Limits, and Founder Experience05:38 Crowding Out or Catalyzing? Steelmanning the Public Capital Debate07:21 When DTCF Steps Aside—and When It Competes for Deals09:54 Walking the Tightrope: Returns, Ecosystem Support, and Incentives14:36 Thinking Ahead: Could DTCF's Next Fund Be Purely Financial?15:42 The Scale Up Europe Fund vs. DTCF: Complement or Competition?17:18 Investing in Policy-Fragile Sectors Without Betting on Subsidies20:38 Defining “Readiness to Scale” in Uncertain Markets22:28 Avoiding the Subsidy Trap: Building Models That Work Without Support25:03 Climate & Hydrogen: Placing Bets Before the Hype27:36 Tech Waiting for the Market vs. Market Waiting for Tech29:06 Expanding the Portfolio: Semiconductors, Robotics, Cybersecurity31:27 Munich vs. Berlin: Why Munich Has Emerged as a Hardware Hub32:53 Corporates in Venture: Buffer, Booster, or Bottleneck?34:38 What Founders Need: Senior Hires & Serious Cashflow Models36:04 What Investors Get: Policy Links, Due Diligence, Deep Tech Edge38:22 Advice for Emerging VCs & Policymakers: Where the Next Gap Lies

The Best of Breakfast with Bongani Bingwa
Corporates That Care – iStore / iSchoolAfrica

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Nov 19, 2025 11:09 Transcription Available


Bongani Bingwa speaks with Chris Dodd, CEO of iStore, about the growing divide between well-resourced schools and those without. For over 15 years, iStore has been working to bridge this gap through its partnership with the iSchoolAfrica Education Trust. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

In/organic Podcast
E41: KPMG Tech M&A Conf & SaaS M&A Market Update

In/organic Podcast

Play Episode Listen Later Nov 17, 2025 39:10


SummaryIn this episode of the In/organic Podcast, co-host Christian Hassold shares insights from the KPMG Technology M&A Conference, discussing the current landscape of mergers and acquisitions, particularly in the tech sector. In this episode, Christian shares highlights from the conference, including the pervasive influence of AI on M&A decisions, the challenges and opportunities presented by the AI investing landscape, and the importance of creative deal structures in navigating the current market dynamics. The episode also covers the “operator's dilemma” faced by CEOs - that is, the rise in peer pressure to do M&A, and what are the best practices are from leading strategics. Finally, Hassold provides an overview of current B2B SaaS deal activity and market trends based on Pitchbook data.TakeawaysThe KPMG M&A Conference provided valuable insights into current market dynamics.AI is a major factor influencing M&A decisions and strategies.VCs are increasingly making investments in AI startups without getting governance rights, and not always checking the underlying economics of the businessThe operator's dilemma highlights the challenges that CEOs face in mergers and acquisitions (M&A).Corporate development roles are seeing a significant increase in demand.Top CEOs simplify their M&A strategies to focus on core problems.Deal activity in the tech sector is on the rise, indicating a healthy market.Earnouts are becoming a significant component of deal structures.Chapters00:00 Introduction and Context of the Episode02:50 Insights from the KPMG M&A and Tech Conference06:04 AI's Pervasive Influence on Tech and M&A08:54 The AI Investing Landscape11:40 Deal Structures Sparking Innovation16:42 The Operator's Dilemma in M&A21:48 Corporate Development and Deal Activity24:38 Priorities in M&A for Corporates vs. Private Equity29:19 Case Studies of Successful M&A Strategies32:59 Market Update on Deal Activity and EarnoutsConnect with Christian and AyeletAyelet's LinkedIn: https://www.linkedin.com/in/ayelet-shipley-b16330149/Christian's LinkedIn: https://www.linkedin.com/in/hassold/Web: https://www.inorganicpodcast.coIn/organic on YouTube: https://www.youtube.com/@InorganicPodcast/featuredEpisode ReferencesKPMG M&A Conference AgendaKPMG 2025 Deal Market Study (buyer priorities)Kirkland & Ellis M&A Bring Down Report 2025 (earnout data) Hosted on Acast. See acast.com/privacy for more information.

Keeping It Real with Jac and Ral
What Corporates Can Learn from a 26 Year Old Influencer

Keeping It Real with Jac and Ral

Play Episode Listen Later Nov 16, 2025 36:39


Imagine being 26 and creating an app that's redefining how the world runs. Louis Phillips is the co-founder and CEO of INTVL, a fitness and running platform that's exploded globally, not just because of the tech… but because of how he tells the story.In this episode, we're picking Louis's brain on what every leader can learn from a generation that builds community, not just campaigns… and knows how to make digital content feel human.Listen to learn a number of gems you can apply to your workplace and find out what keeps Louie real!Get INVTL: https://www.intvl.com.au/Follow Louis: https://www.instagram.com/louisphillips12/Follow On it Off it: https://open.spotify.com/show/34NH08Hgi5rjlgXKxjVbv4---------------------------------------------------------Your support helps keep this show going — join us on Patreon https://tinyurl.com/jacandralpatreonNew Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown

The Best of Breakfast with Bongani Bingwa
Corporates That Care - Exclusive Books 

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Nov 12, 2025 9:21 Transcription Available


Bongani Bingwa speaks to Grattan Kirk, CEO of Exclusive Books, about the company’s partnership with The Little Artists School in Braamfontein, a collaboration that celebrates the art behind books by supporting local illustrators and young creatives. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

TreasuryCast
JTT - Chapter Seven - TACKLING PRACTICAL QUESTIONS IN VERIFICATION OF PAYEE'S ROLLOUT

TreasuryCast

Play Episode Listen Later Nov 11, 2025 9:05


Corporates are preparing for the EU's instant payments regulation, but the path to adopting Verification of Payee is proving complex. Treasury teams are exploring practical ways forward while calling for closer collaboration between banks, regulators and technology providers.

UncleRob, Everybody's Mentor
Ep 184: "Powering the Chilean Economy, From Startups to Corporates" with Rocio Fonseca

UncleRob, Everybody's Mentor

Play Episode Listen Later Nov 6, 2025 66:52


Can you build a modern Nation on the collaboration between the best startup entrepreneurs, private capital and corporate executives? What happens when startups stop chasing hype and start solving real societal problems? In this episode of Entrepreneurial Thinkers, Rob sits down with long time Chilean innovation leader, Rocio Fonseca, Co-founder of Drei Ventures, to explore how Chile is becoming a hotbed for innovation with purpose. They discuss the evolving startup scene, why legacy matters more than ever, and how connecting bold entrepreneurs with forward-thinking corporations is changing the game. Rocio brings raw insight, practical wisdom, and a powerful vision for a more sustainable entrepreneurial future.Feel free to follow and engage with ROCIO here:LinkedIn: https://www.linkedin.com/in/rociofonseca/Instagram: https://www.instagram.com/rociofonsecach/Website: https://drei.ventures/We're so grateful to you, our growing audience of entrepreneurs, investors and community leaders interested in the human stories of the Entrepreneurial Thinkers behind entrepreneurial economies worldwide.As always we hope you enjoy each episode and Like, Follow, Subscribe or share with your friends. You can find our shows here, and our new Video Podcast, at “Entrepreneurial Thinkers” channel on YouTube. Plug in, relax and enjoy inspiring, educational and empowering conversations between Rob and our guests.¡Cheers y gracias!,Entrepreneurial Thinkers Team.Chapters00:00 Introduction to Entrepreneurial Thinkers02:59 The Entrepreneurial Economy in Chile05:47 Opportunities and Challenges in Chile's Startup Ecosystem08:48 The Role of Corporations in Innovation11:56 Cross-Industry Innovations and Trends14:58 Obstacles to Growth in Chile's Entrepreneurial Landscape17:57 Cultural Barriers and Social Capital20:53 The Impact of Government on Entrepreneurship23:49 Globalization vs. Nationalism in Latin America26:51 The Future of Innovation in Chile33:16 Navigating Public Sector Funding Risks35:43 Transitioning to Dre Ventures39:40 Connecting Corporations and Startups44:45 Vision for the Future of Dre Ventures48:41 Challenging Gender Dynamics in Corporate Culture51:37 Personal Innovation and Lifelong Learning55:30 Legacy and Results in Corporate Leadership

Strategic Finance Lab
Private Credit Goes Mainstream for Investment-Grade Corporates

Strategic Finance Lab

Play Episode Listen Later Nov 5, 2025 25:50


Private credit's rapid rise is reshaping corporate finance. Once a tool for middle-market borrowers, it's now a mainstream funding option for investment-grade companies seeking customized, long-term capital solutions. That shift—and what it means for treasury—is the focus of our newest episode, featuring Apollo Global Management COO of Global Origination Adam Kostrinsky. Mr. Kostrinsky tells NeuGroup's Justin Jones that many corporates are turning to Apollo for large-scale, long-duration projects—from energy transition to data centers—because the firm can “really be a long-term partner, offering differentiated financing solutions" that extend beyond the typical time horizons available in public markets.

The Best of Breakfast with Bongani Bingwa
Corporates that Care Hepea Pty LTD

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Nov 5, 2025 8:43 Transcription Available


Bongani Bingwa speaks to Gift Nkuna, CEO of Hepea Pty LTD as part of Corporates that Care , a Primedia Cares initiative with 702 and Primedia Outdoor that celebrates companies walking the talk for a better South Africa. This week, we shine a spotlight on the real heroes behind the white coats, the young doctors and nurses shaping the future of South African healthcare. Through innovative programmes like HYPPD, Hepea is helping young professionals not only save lives but also build meaningful and sustainable careers. And with the launch of the new docu-reality series ZIOND, we get an intimate look at their daily challenges, sacrifices, and triumphs. It’s a story of hope, mentorship, and empowerment, one that reminds us that building a healthier nation starts with supporting those who care for it most. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

Tech Hive: The Tech Leaders Podcast
#121: “People, product, process, platform” - Cindy Turner, Chief Product Officer at Worldpay

Tech Hive: The Tech Leaders Podcast

Play Episode Listen Later Oct 31, 2025 54:13


Join us this week for The Tech Leaders Podcast, where Gareth sits down with Cindy Turner, Chief Product Officer at Worldpay. Cindy talks about Worldpay's current priorities, the trade offs between structure and agility, and how Stablecoins can help make international payments quicker and easier. On this episode, Cindy and Gareth discuss the benefits of pushing ownership down to your team, launching Apple Pay back in 2014, and why we might all have our own personal shopping agent in our pockets sooner than you think… Timestamps: Good Leadership and Early Career (1:51) Corporates, Start-Ups and Scale (12:24) Worldpay Priorities (16:16) International Payments and Stablecoin (22:50) Agentic Commerce (28:56) AI Ethics and Governance (37:17) Advice for 21-year-old Cindy (45:31) https://www.bedigitaluk.com/

The Best of Breakfast with Bongani Bingwa
Corporates that Care with Kellanova South Africa

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Oct 29, 2025 8:01 Transcription Available


Bongani Bingwa speaks with Kellanova’s General Manager and Executive Director, Philip Nieman, who shares insights on the company’s Better Days™ Promise a global purpose platform focused on ending hunger and fostering stronger, more resilient communities. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.

Moneycontrol Podcast
4872: India's CSR landscape: Funding beyond metros | Srikrishna Sridhar Murthy, Founder & CEO, Sattva Consulting

Moneycontrol Podcast

Play Episode Listen Later Oct 24, 2025 32:08


Corporate India's responsibilities are not limited to contributing to the nation's economic growth. They are equally responsible for spending the right amount at the right place, for the right cause. Sattva Consulting is out with the 7th edition of its CSR report, which suggests that corporate philanthropy is moving beyond the metros into India's emerging Tier-2 cities and industrial belts. Corporates are now taking their time, thinking what to do when they do. CEO Srikrishna Murthy shares that a combination of factors is leading to significant spending in tier-2, tier-3 towns, outside metros. CSR is moving away from few pockets to different parts of India. Social impact is deeply about the denominator and there are a lot of opportunities to dig in more capital on an annual basis. Listen in.

The Best of Breakfast with Bongani Bingwa
Corporates That Care - Pick n Pay 

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Oct 22, 2025 8:54 Transcription Available


Bongani Bingwa speaks to Sean Summers, Pick n Pay CEO, who'll share insights on the company's ‘Feed the Nation Foundation’ an emergency relief effort that has evolved into one of South Africa’s leading food-relief networks. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.

EUVC
E635 | EUCVC Summit 2025: Francesco Di Lorenzo, Copenhagen Business School: Nordic CVC Insights

EUVC

Play Episode Listen Later Oct 19, 2025 14:40


Welcome back to the EUCVC Summit Talks, where we spotlight Europe's corporate venture leaders, founders, and academics shaping the future of venture collaboration.In this episode, Francesco Di Lorenzo, Associate Professor at Copenhagen Business School, takes the stage to share fresh research on the state of corporate venture capital (CVC) in the Nordics. From Sweden to Denmark, Francesco explores how corporates are experimenting with different venturing models, what makes CVC effective, and why Nordic corporates are some of Europe's most important venture partners.Rather than polished slides, Francesco offers candid reflections from the Summit itself: the open questions corporates face, the trade-offs in structuring CVC units, and why cultural change in the boardroom is key if corporate venturing is to succeed long-term.

African Tech Roundup
Prince Nwadeyi of SAG Ventures: Building solutions corporates need but won't execute themselves

African Tech Roundup

Play Episode Listen Later Oct 17, 2025 37:26


Episode overview: Prince Nwadeyi spent years providing market research that unlocked South Africa's R600 billion (~USD 34.4 billion) informal economy for blue-chip clients. The likes of Swiss Re, Liberty, NASPERS all wanted the insights. Few wanted the execution risk. In conversation with Andile Masuku, Nwadeyi explains why his holding company SAG Ventures stopped selling insights and started building businesses. From Mustard Finance Group (formerly Setana Capital) providing working capital to township spaza shops (micro convenience stores), to Purchase Pal embedding funeral cover into everyday groceries, Nwadeyi's ventures share a common thread: aligning incentives across entire value chains whilst playing a longer game than quarterly-focused corporates can stomach. His journey from UCT postgrad researcher to operator deploying millions in credit with a claimed 99.9% repayment rate offers a masterclass in strategic patience and the power of granular consumer understanding. Key insights: - On why insights alone don't create impact: "We realised that some of the executives were not willing to take the risk, not for any risk of their own, but really just how the incentive structure set up within corporate." Nwadeyi discovered that knowing differently doesn't translate to acting differently when bonuses hang in the balance. The solution? Stop asking permission and build the innovation yourself. - On aligning incentives to unlock impossible markets: Working capital finance to informal retailers seemed impossible until Nwadeyi mapped the ecosystem. Wholesalers wanted more sales but couldn't offer credit. They did have transaction data. "Can we build a technology solution that interprets that data at scale to enable unique insight that traditional finance institutions don't have access to?" The result: finance the stock purchase to the wholesaler, the SME repays over 14 days, everyone wins. One of their spaza shop clients recently scaled from one store to three and bought her first house for R1 million (~USD 57,400) cash. - On thinking in decades whilst executing in months: "You don't have to think in days. You have to think in decades." Purchase Pal (what Nwadeyi claims to be "the world's first FMCG-embedded funeral insurance") represents one piece of a five-year strategy spanning multiple financial services verticals. The long game enables patient execution whilst maintaining corporate relevance. "What's my exit point? What's my entry point? Am I wanting to build this alongside?" - On why research beats assumptions every time: A tearful interview during his MPhil research - a woman describing the humiliation of borrowing money to bury her mother whilst neighbours gossiped about her poverty - sparked the Purchase Pal concept. "What if we could unlock quote unquote, what I call, no cost insurance?" Years of ethnographic research revealed the margin structure in FMCG goods, the cost burden of traditional insurance intermediation, and the customer stickiness problem facing consumer goods manufacturers. Research made the impossible obvious. Notable moment: The pivot from consultant to operator: Walking through a Cape Flats township, Nwadeyi's co-founder encountered a spaza shop owner struggling for financing. "All I ever wanted to do is to feed myself, feed my family or feed my business." That human story, repeated across thousands of township retailers, shifted SAG from insight provider to solution builder. Traditional finance wouldn't touch these operators. Nwadeyi's team reportedly deployed over R100 million (~USD 5.7 million) and achieved 99.9% repayment rates. Image credit: SAG Ventures

The Best of Breakfast with Bongani Bingwa
Corporates that Care with iZinga Assist

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Oct 15, 2025 6:28 Transcription Available


Bongani Bingwa speaks to Derek Lubner, Founder and Chairman of iZinga Assist, about how his platform is transforming charitable giving in South Africa. As the festive season nears, iZinga Assist is helping ensure that every rand donated reaches legitimate, transparent, and impactful non-profits. Through digital verification, compliance checks, and a ratings system — supported by partners like Shoprite Holdings and MacRobert Attorneys — the platform is setting a new benchmark for trust in the non-profit sector. Lubner explains how iZinga is giving both donors and NPOs the tools to build accountability and confidence in the giving process. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.

EUVC
E625 | EUCVC Summit 2025: Gijs De Bruin, PureTerra Ventures & Sead Bajrovic, Water Impact Partners: The Missing water

EUVC

Play Episode Listen Later Oct 11, 2025 8:39


Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe's leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this session, Sead Bajrovic of Water Impact Partners and Gijs de Bruin of PureTerra Ventures take the stage to unpack one of the most overlooked challenges in climate investing: water. From scarcity and pollution to corporate resilience and trillion-dollar opportunities, they explain why water technology must become a central pillar of Europe's impact and climate strategy.

The Best of Breakfast with Bongani Bingwa
Corporates That Care - Investec SA

The Best of Breakfast with Bongani Bingwa

Play Episode Listen Later Oct 8, 2025 9:47 Transcription Available


Bongani Bingwa speaks with Cumesh Moodliar, CEO of Investec SA, on the latest edition of Corporates That Care. Moodliar discusses how Investec has been shaping futures for 20 years through its flagship education programme, Promaths, in partnership with the Kutlwanong Maths, Science and Technology Centre. The initiative provides young South Africans from under-resourced communities with access to quality tuition in Mathematics and Science critical skills that open doors to higher education, innovation, and entrepreneurship. 702 Breakfast with Bongani Bingwa is broadcast on 702, a Johannesburg based talk radio station. Bongani makes sense of the news, interviews the key newsmakers of the day, and holds those in power to account on your behalf. The team bring you all you need to know to start your day Thank you for listening to a podcast from 702 Breakfast with Bongani Bingwa Listen live on Primedia+ weekdays from 06:00 and 09:00 (SA Time) to Breakfast with Bongani Bingwa broadcast on 702: https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/36edSLV or find all the catch-up podcasts here https://buff.ly/zEcM35T Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702See omnystudio.com/listener for privacy information.

EUVC
E611 | EUCVC Summit 2025: Mette Hoberg Tønnesen (CEO, The Link) and Jeppe Høier (EUVC Corporates), moderated by Andreas Munk Holm (EUVC): Building Corporate VC Networks

EUVC

Play Episode Listen Later Oct 3, 2025 9:59


Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe's leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this session, Mette Hoberg Tønnesen, CEO of The Link, joins Jeppe Høier, EUVC Corporates, for a candid conversation moderated by Andreas Munk Holm. Together they explore how corporate venture networks can outlive the 3.7-year average lifespan of CVCs, bridge the gap between startups and corporates, and unlock Europe's full potential as an alternative to US and Chinese capital.From translating corporate complexity for startups to tackling “startup theater” and making CVCs real value creators, this is a roadmap for corporates who want to build networks that actually last.

This Property Life Podcast
We Lost £150K Fighting the UK Planning System That Protects Big Corporates, Not Developers

This Property Life Podcast

Play Episode Listen Later Oct 1, 2025 47:00


Ready to unlock your Property Investment game in 2025? Grab your FREE copy of our Buy-to-Let market guide today! https://bit.ly/buy-to-let-hotspots-guide-2025 ——————————————————————In this episode of This Property Life, Nick and Caroline continue their four-part series on controlling the Uncontrollables in property investing. In this part, they focus on navigating the complex world of planning permissions, builders, and contractors. What You'll Learn:The importance of understanding the planning process and how it varies from council to council.The difference between permitted development and full planning applications, and how to use them strategically.How to choose the right architects and planning consultants who can help push your projects through.Real-world experiences of dealing with unpredictable planning officers and how to deal with delays or rejection.How to make smart decisions with builders and contractors while avoiding the typical traps that lead to frustration and delays.Timestamps[00:00] - Introduction[01:21] - Overview of the Episode[02:40] - Understanding the Planning Process[05:55] - How To Use The Local Authority's Planning Portal [08:18] - Pros and Cons of Pre-Applications[15:25] - Working with Historic Scotland[22:33] - Planning Timeframes, Delays & Tactics[28:59] - How The Committee Process Works[36:19] - Political Bias & Planner Personality Conflicts[42:31] - Closing Thoughts: and Key TakeawaysThis Episode is Kindly Sponsored by:Visit thispropertylife.co.uk for more resources, networking events, and industry insights.Follow Caroline Claydon Socials:Instagram: https://www.instagram.com/carolineclaydon.property/ LinkedIn: https://www.linkedin.com/in/caroline-claydon-property Website: https://www.carolineclaydon.com/ Follow This Property Life Podcast on Socials:Website: https://thispropertylife.co.uk/ Apple: https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591 Spotify: https://open.spotify.com/show/6ULlN2eRKWojGRAkiSa0mZ LinkedIn: https://www.linkedin.com/company/this-property-life-podcast/about/ YouTube: https://www.youtube.com/channel/UCtmPj98bC6swNuYRCaUGPUg Hosted on Acast. See acast.com/privacy for more information.

EUVC
E606 | EUCVC Summit 2025: Thijs Povel, dealflow.eu & Ekke Van Vliet, EIC: Bridging Corporates and Startups in Europe

EUVC

Play Episode Listen Later Sep 30, 2025 9:23


Welcome back to the EUCVC Summit Talks, where we bring you candid conversations with Europe's leading founders, corporate leaders, and investors shaping the future of venture collaboration.In this episode, Thijs Povel, CEO of dealflow.eu, and Ekke Van Vliet, Investment Coordinator at the European Innovation Council (EIC), sit down to discuss one of the biggest challenges in Europe's venture ecosystem: bridging the gap between corporates and startups.From EIC's €10B budget for deep tech to the lessons learned from more than 70 “corporate days,” this session explores what works — and what doesn't — when building collaboration between Europe's most innovative startups and its largest corporates.

EUVC
E581 | Olav Ostin, TempoCap: Europe's Secondaries Boom

EUVC

Play Episode Listen Later Sep 17, 2025 44:36


Welcome back to another episode of the EUVC Podcast, where we gather Europe's venture family to share the stories, insights, and lessons that drive our ecosystem forward.Today we welcome Olav Ostin, Founder & Managing Partner at TempoCap, one of Europe's few dedicated secondary direct firms. With a nine-year track record, a 12-person team in London and Berlin (soon Paris), and multiple $500M+ exits, Olav is perfectly placed to explain why secondaries have gone from taboo to the hottest corner of venture.From buying whole portfolios from corporates to cherry-picking strip deals with VCs under LP pressure, TempoCap has built a reputation for navigating complex transactions and delivering liquidity in a market starved of exits. In this conversation, Olav shares what makes secondary directs different, how pricing really works, and why “who isn't selling?” is the right question in today's market.

The HC Insider Podcast
Planning for the Unplannable with Savvas Manousos

The HC Insider Podcast

Play Episode Listen Later Sep 9, 2025 55:31


As we enter the planning season, we consider why business planning in the commodity sector is so challenging. And how uncertainty and a more volatile world has made it even more so? What can organizations do to build in resiliency and flexibility into planning and what tools are available to better manage the downsides and also capture opportunities? Our guest is Savvas Manousos. Savas has spent a long career building and running trading platforms and is now a partner at Enco Insights, a global advisory network dedicated to energy and commodities. As an Enco Insight Partner, Savas and his colleagues are supporting Corporates and Strategics around the world, build, develop and implement plans big and small to meet the challenges of the commodity sector today. Enco Insights provides senior energy & natural resources advisors for short to long -term engagements to the private equity world, the legal world and of course corporates when the stakes are high and the insight matters.Visit www.encoinsights.com for more on their offering

Scaling Japan Podcast
Episode 83 : Increasing Innovation in Japan with Fariza Abidova

Scaling Japan Podcast

Play Episode Listen Later Aug 20, 2025 59:12


In this episode of the Scaling Japan Podcast, we welcome Fariza Abidova, CEO of Trusted Corporation, and a seasoned expert in cross-border innovation, corporate partnerships, and global HR development.Fariza shares what's really happening inside Japan's corporate innovation ecosystem from the invisible blockers within large organizations to the cultural nuances that slow down high-potential projects. She dives into why open innovation often fails to scale, which Japanese cities are becoming more startup and innovation-friendly, and what kind of timeline expectations foreign partners should really have.She also pulls back the curtain on hard truth facts as: after 3/4 years of running pilot innovation projects, many companies shut them down if revenue isn't produced, regardless of long-term potential.If you're a startup founder, consultant, or part of a government innovation program working in or with Japan, this episode is your inside guide to navigating corporate innovation here.AIM B2B – Integrated Marketing & PR in Asia This episode is sponsored by Custom Media, Tokyo's leading integrated marketing and PR agency since 2008, helping global brands expand across Japan and APAC. They can help you with:Localized storytelling to build trust in Asian marketsStrategic performance marketing for measurable growthAccount‑based marketing (ABM), paid media, GEO, and SEOHubSpot‑certified CRM & marketing automationData‑driven implementation with cultural expertise⁠Learn more about AIM B2BShow Notes: 00:00 – Introduction 03:05 – Why Accelerating Innovation in Japan 08:05 – Open Innovation 14:10 – Working with Japanese Corporations 19:45 – Innovation Challenges in Japanese Companies 23:05 – Secret Challenges Only Insiders Know 29:50 – How to Foster Innovation in Corporates 31:50 – Cities in Japan to Launch Innovation Projects 35:30 – Strategies for Accelerating Innovation 43:30 – Government Policy Shifts 50:10 – Tips for Engaging with Large Corporations 52:05 – Timelines: Japan vs Global 56:31 – Final Message from Fariza Links from Guest Appearance:

Sikh Siyasat Podcasts
Corporates Are Eying on Fertile Land of Punjab: Dallewal’s Speech at Jabar Virodhi Rally, Tapa Mandi

Sikh Siyasat Podcasts

Play Episode Listen Later Jul 30, 2025 24:19


A Jabar Virodhi Rally was held by various socio-political groups of Punjab on 13 July 2025 at Tapa Mandi. Speaking during this rally farmers leader Jagjeet Singh Dallewal explained that how corporates are eying on fertile land of Punjab?

Insurance AUM Journal
Episode 310: Opportunities in Emerging Market Corporates with Fidelity's EM Debt Team

Insurance AUM Journal

Play Episode Listen Later Jul 28, 2025 41:42


In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Tim Gill, Portfolio Manager, and Juan Tavarez, Research Analyst, from Fidelity Investments' High Income and Alternatives team to explore the evolving landscape of emerging market corporate debt. With decades of combined experience, Tim and Juan provide a deep dive into how they identify resilient, dollar-denominated credits in complex geographies—and why a bottom-up, credit-focused approach is essential in today's environment.   The conversation covers everything from navigating country-level macro risk and assessing restructurings, to uncovering “hidden castles” in misunderstood sectors. The duo emphasizes the value of sovereign overlays, disciplined portfolio construction, and the role of diversification in managing volatility for insurance investors. Whether you're seeking long-term yield, capital-efficient allocation, or simply a better understanding of EM corporates, this episode offers highly actionable insights grounded in experience.

Swimming with Allocators
Finding the North Star: The Balance Between Strategy and Returns

Swimming with Allocators

Play Episode Listen Later Jul 23, 2025 32:56


This week on Swimming with Allocators, Earnest and Alexa welcome Jon Wolkin, Managing Director of Deloitte Ventures. Jon shares his journey from investment banking to corporate venture, highlighting Deloitte's $150 million fund strategy that balances direct and fund investments across key technology verticals like AI, future of work, and health tech. The discussion reveals critical insights into corporate venture capital, emphasizing the importance of having a clear "North Star" strategy, understanding long-term value creation, and navigating the complex ecosystem of innovation. Key takeaways include the need for corporations to move quickly, provide strategic value beyond capital, and remain adaptable in a rapidly changing technological landscape. Jon also provides unique perspectives on the Canadian venture ecosystem, noting its potential in emerging technologies and the relatively low corporate venture participation compared to the US market. Don't miss this in-depth discussion.Highlights from this week's conversation include:Jon's Career Journey (1:18)Transition to Corporate Venture and Deloitte (3:19)Strategic vs. Financial Objectives in CVC (4:39)Long-term vs. Short-term Goals in Venture (7:15)Challenges of Launching a Venture Arm in a Partnership (9:11)Direct vs. Fund Investing Strategy (11:53)Fund Selection and Ecosystem Engagement (13:20)Alignment of Direct and Fund Investment Verticals (17:29)Corporate VC Activity in Downturns (22:56)Misconceptions About Corporate Venture Groups (25:21)Advice for Emerging Managers Working with Corporates (27:59)Key Learnings and Reflections at Deloitte Ventures (30:11)Final Thoughts and Takeaways (32:20)Deloitte Ventures Canada is a $150M corporate venture capital fund investing in Series A and B companies across fintech, cyber, climate, data/AI, and work tech. With a dual mandate of direct investments and fund investments, Deloitte Ventures is strategically positioned to support innovation while delivering financial and strategic value. Learn more at www.deloitte.ca.Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of the world's most innovative companies and investors. SVB provides commercial and private banking to individuals and companies in the technology, life science and healthcare, private equity, venture capital and premium wine industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com.Swimming with Allocators is a podcast that dives into the intriguing world of Venture Capital from an LP (Limited Partner) perspective. Hosts Alexa Binns and Earnest Sweat are seasoned professionals who have donned various hats in the VC ecosystem. Each episode, we explore where the future opportunities lie in the VC landscape with insights from top LPs on their investment strategies and industry experts shedding light on emerging trends and technologies. The information provided on this podcast does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this podcast are for general informational purposes only.

In the Pit with Cody Schneider | Marketing | Growth | Startups
He Built a 1,000,000+ User Startup with ONLY 3 People and AI

In the Pit with Cody Schneider | Marketing | Growth | Startups

Play Episode Listen Later Jul 15, 2025 53:13


Join me as I chat with Yoann Pavy, the growth mastermind behind AI Apply and ex-Deliveroo & Depop head of growth.Timeline 00:00 – AI tooling's golden age (and why it's overwhelming) 00:31 – Introducing Yo, the “most gangster” consumer marketer I know 00:45 – What you'll learn: short‑form content, paid ads, automations 01:23 – Sponsor: Talent Fiber makes offshore hiring effortless 02:12 – Yo's creative AI spotlight: VO3 videos & gorilla vlogs 04:46 – Humans vs. AI avatars in paid videos (spoiler: humans still shine) 07:20 – Building your creator pyramid with Sideshift & Shortimize 10:00 – Automating code changes via “Jarvis” in Slack 14:38 – Scaling organic content: thousands of posts, not dozens 18:00 – Product‑channel fit: build the media first, product second 20:30 – Automating international growth: 20+ languages in weeks 24:00 – Filtering AI noise: focus on what's already working 27:15 – The biggest gap: corporate brands vs. startup agilityKey Points • AI creatives are exploding—VO3 videos hit millions of likes fast. • Human spontaneity still outperforms AI‑only videos—for now. • Slack‑based AI agents (“Jarvis”) deploy code, update copy, spin up PRs. • Automate localization: add new languages weekly without human translators. • Scale organic distribution by multiplying creators and formats. • Product‑first mindset flips: media channel drives features. • Startups win by sprinting on AI while corporates stall in red tape.Deep‑Dive SectionsCreative AI in Paid Ads Verdict:

Breaking Bread with Tom Papa
Episode 266 - Carol Leifer

Breaking Bread with Tom Papa

Play Episode Listen Later Jun 3, 2025 76:36


The incredibly talented Carol Leifer joins us at the table! Everything Carol touches seems to turn to gold - Seinfeld, Curb Your Enthusiasm, and now Hacks. Carol shares behind the scenes stories of writing for each of these hit shows. She also discusses why kids can absolutely not be at her stand up shows. Enjoy!  Check out Carol's new book How to Write a Speech at Barnes and Noble.  For a limited time, Wildgrain is offering our listeners $30 off the first box - PLUS free Croissants in every box - when you go to Wildgrain.com/PAPA to start your subscription Get 50% Off Your One Month Trial with Trade, at drinktrade.com/PAPA Text PAPA to 64000 to get twenty percent off all IQBAR products, plus FREE shipping.  ------------- 0:00:00 Intro 0:00:39 Patreon shout out 0:01:09 Wild Grain Ad  0:01:54 TomPapa.com  0:02:58 Bread and bombing on stage 0:05:31 Comedians are good in emergency situations  0:09:13 The loudest snack is Pirate's Booty 0:11:00 Corporates  0:12:33 Stand up before writing and being funny 0:16:00 First open mics 0:20:08 Carol's new book and giving speeches 0:29:15 Best writing job - Seinfeld  0:33:05 Larry David  0:35:00 Mixture of Jerry & Larry and idea generation 0:40:45 Trade Coffee Ad  0:43:27 Wild Grain Ad  0:45:30 IQ Bar Ad 0:48:44 Italian  0:53:04 Carol thinks Tom can't dance 0:55:25 Ketchup and ranch  0:56:45 Working on the Oscars  1:00:50 Uncomfortable moment  1:02:50 Writing for Hacks and other projects  1:08:35 Being a woman in comedy ------------- Tom Papa is a celebrated stand-up comedian with over 20 years in the industry. Watch Tom's new special "Home Free" out NOW on Netflix! Radio, Podcasts and more: https://linktr.ee/tompapa/ Website - http://tompapa.com/ Instagram -  https://www.instagram.com/tompapa Tiktok - https://www.tiktok.com/@tompapa Facebook - https://www.facebook.com/comediantompapa Twitter - https://www.twitter.com/tompapa #tompapa #breakingbread #comedy #standup #standupcomedy #bread #seinfeld #curbyourenthusiasm Learn more about your ad choices. Visit megaphone.fm/adchoices

Money Matters with Wes Moss
Are You Too Passive? Rethinking Index Funds, Roth Tactics, and Retirement Timing

Money Matters with Wes Moss

Play Episode Listen Later May 22, 2025 39:08


Tackle Roth IRA strategies, dollar cost averaging, passive investing risks, strategic retirement withdrawals, and more. Whether you're planning early retirement or optimizing your current portfolio, Wes and Christa deliver actionable insights and answer listener questions, including: • Is Passive Investing Creating a Bubble? Are index funds inflating markets? Or do global diversification and ongoing price discovery demonstrate otherwise? Is it a mistake to dismiss all active strategies? • Roth IRA Allocation Roth IRAs often have the longest time horizon. Does that make them ideal for more aggressive, all-stock index fund investing? • How to Diversify an IRA After a Rollover Is it helpful to go beyond S&P 500 funds with mid- and small-caps? Treasuries? Corporates? REITs? Commodities? Energy pipeline investments? • Avoid Paying Roth Conversion Taxes from a Roth? Does it reduce long-term value to use Roth funds to pay taxes on a conversion? Is it okay to spread conversions over several years? • What Is Dollar Cost Averaging (DCA)? DCA can help reduce timing risk by investing consistently over time. Is it beneficial for large cash amounts and emotional ease? • Investing a Lump Sum? What About a 50/50 Split? Should you consider investing half up front and dollar cost averaging the rest over several months for balanced risk and reward? • Effective Withdrawal Strategy in Retirement Is it more strategic to pull from bonds/cash rather than stocks in down markets? • Should You Use Target Date Funds? They can be handy early in your career, but do some get too conservative by retirement age? • Is the Reverse Glide Path Worth It? Starting conservative and getting more aggressive later may look good on paper, but does its complexity overshoot its practicality in real life? Learn more about your ad choices. Visit megaphone.fm/adchoices

Thoughts on the Market
Why is the Taiwanese Dollar Suddenly Surging?

Thoughts on the Market

Play Episode Listen Later May 8, 2025 11:09


Investors were caught off guard last week when the Taiwanese dollar surged to a multi-year high. Our strategists Michael Zezas and James Lord look at what was behind this unexpected rally.Read more insights from Morgan Stanley.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Morgan Stanley's Global Head of Fixed Income Research and Public Policy Strategy.James Lord: And I'm James Lord Morgan Stanley's, Global Head of FX and EM Strategy.Michael Zezas: Today, we'll focus on some extreme moves in the currency markets and give you a sense of what's driving them, and why investors should pay close attention.It's Thursday, May 8th at 10am in New York.James Lord: And 3pm in London.Michael Zezas: So, James, coming into the year, the consensus was that the U.S. dollar might strengthen quite a bit because the U.S. was going to institute tariffs amongst other things. That's actually not what's happened. So, can you explain why the dollar's been weakening and why you expect this trend to continue?James Lord: I think a big factor for the weakening in the dollar, at least in the initial part of the year before the April tariff announcements came through, was a concern that the U.S. economy was going to be slowing down this year. I mean, this was against some of the consensus expectations at the beginning of the year.In our year ahead outlook, we made this call that the dollar would be weakening because of the potential weakness in the U.S. economy, driven by slow down in immigration, limited action on fiscal policy. And whatever tariffs did come through would be kind of damaging for the U.S. economy.And this would all sort of lead to a big slowdown and a kind of end to the U.S. exceptionalism trade that people now talk about all the time. And I think since April 1st or April 2nd tariff announcements came, the tariffs were so large that it raised real concerns about the damage that was potentially going to happen to the U.S. economy.The sort of methodology in which the tariff formulas were created raised a bit of concern about the credibility of the announcements. And then we had this constant on again, off again, on again, off again tariffs. That just created a lot of uncertainty. And in the context of a 15-year bull market of the dollar where it had sucked enormous amounts of capital inflows into the U.S. economy. You know, investors just felt that maybe it was worth taking a few chips off the table and unwinding a little bit of that dollar risk. And we've seen that play out quite notably over the last month. So, I think it's been, yeah, really that those concerns about growth but also this sort of uncertainty about policy in general in the context of, you know, a big bull run for the dollar; and fairly heavy valuations and positioning. Those have been the main issues, I think.Michael Zezas: Right, so we've got here this dynamic where there are economic fundamental reasons the dollar could keep weakening. But also concerns from investors overseas, whether they're ultimately founded or not, that they just might have less demand for owning U.S. dollar denominated assets because of the U.S. trade dynamic. Now it seems to me, and correct me if I'm wrong, that there was a major market move in the past week around the Taiwanese dollar, which reflected these concerns and created an unusually large move in that currency. Can you explain that dynamic?James Lord:  Yeah, so we've seen really significant moves in the Taiwan dollar. In fact, on May 2nd, the currency saw its largest one-day rally since the 1980s, and over two days gained over 6.5 percent, which for a Taiwan dollar, which is pretty low volatility currency usually, these are really big moves. So in our view, the rally in the Taiwan dollar, and it was remarkably big. We think it's been mostly driven by Taiwanese exporters selling some of their dollar assets with a little bit of foreign equity inflow helping as well. And this is linked back to the sort of trade negotiations as well.I mean, as you know, like one of the things that the U.S. administration has been focused on currency valuations. Historically, many people in the U.S. administration believe the dollar is very strong. And so there has been this sort of issue of currency valuations hanging over the trade negotiations between the U.S. and various Asian countries. And local media in Taiwan have been talking about the possibility that as part of a trade negotiation or trade deal, there could be a currency aspect to that – where the U.S. government would ask the Taiwanese authorities to try to push Taiwan dollar stronger.And you know, I think this sort of media reporting created a little bit of a -- well, not just a little, a significant shift from Taiwanese exporters where they suddenly rush to sell their dollar deposits in to get ahead of any possible effort from the Taiwanese authorities to strengthen their currency. The central bank is being very clear on this.We should have to point this out that the currency has not been part of the trade deal. And yet this hasn't prevented market participants from acting on the perceived risk of it being part of the trade talks. So, you know, Taiwanese exporters own a lot of dollars. Corporates and individuals in Taiwan hold about $275 billion worth of FX deposits and for an $800 billion or so economy, that's pretty sizable. So we think that is that dynamic, which has been the biggest factor in pushing Taiwan dollar stronger.Michael Zezas: Right, so the Taiwan dollar is this interesting case study then in how U.S. public policy choices might be creating the perception of changes in demand for the dollar changes in policy around how foreign governments are supposed to value their currency and investors might be getting ahead of that.Are there any other parts of the world where you're looking at foreign exchange globally, where you see things mispriced in a way relative to some of these expectations that investors need to talk about?James Lord: We do think that the dollar has further to go. I mean, it's on the downside. It's not necessarily linked to expectations that currency agreements will be part of any trade agreement. But, we think the Fed will need to cut rates quite a bit on the back of the slow down in the U.S. economy. Not so much this year. But Mike Gapen and Seth Carpenter, and the U.S. economics team are expecting to see the Fed cut to around 2.5 per cent or so next year. And that's absolutely not priced. And, And so I think as this slowdown – and, this is more of a sort of traditional currency driver compared to some of these other policy issues that we've been talking about. But if the Fed does indeed cut that far, I do think that that's going to put some meaningful pressure on the dollar. And on a sort of interest rate differential perspective, and when we look at what is mispriced and correctly priced, we see the Fed as being mispriced, but the ECB is being quite well priced at the moment.So as that weakening downward pressure comes through on the dollar, it should be reflected on the euro leg. And we see it heading up to 1.2. But just on the trade issue, Mike, what's your view on how those trade negotiations are going? Are we going to get lots of deals being announced soon?Michael Zezas: Yeah, so the news flow here suggests that the U.S. is engaged in multiple negotiations across the globe and are looking to establish agreements relatively quickly, which would at least give us some information about what happens next with regard to the tariffs that are scheduled to increase after that 90 day pause that was announced in earlier in April. We don't know much beyond that.I'd say our expectation is that because the U.S. has enough in common in terms of interests and how it manages its own economy and how most of its trading partners manage their own economies – that there are trade agreements, at least in concept. Perhaps memorandums of understanding that the U.S. can establish with more traditional allies, call it Japan, Europe, for example, that can ultimately put another pause on tariff escalation with those countries.We think it'll be harder with China where there are more fundamental disagreements about how the two countries should interact with each other economically. And while tariffs could come down from these very, very high levels with China, we still see them kind of settling out at still meaningful substantial headline numbers; call it the 50 to 60 per cent range. And while that might enable more trade than we're seeing right now with China because of these 145 per cent tariff levels, it'll still be substantially less than where we started the year where tariff levels were, you know, sub 20 per cent for the most part with China.So, there is a variety of different things happening. I would expect the general dynamic to be – we are going to see more agreements with more counterparties. However, those will mostly result in more pauses and ongoing negotiation, and so the uncertainty will not be completely eliminated. And so, to that point, James, I think I hear you saying that there is potentially a difference between sometimes currencies move based on general policy uncertainty and anxieties created around that.James Lord: Yeah, that's right. I think that's safer ground, I think for us as currency strategists to be anchoring our view to because it's something that we deal with day in, day out for all economies. The impact of this uncertainty variable. It could be like, I think directionally supports a weaker dollar, but sort of quantifying it, understanding like how much of that is in the price; could it get worse, could it get better? That's something that's a little bit more difficult to sort of anchor the view to. So, at the moment we feel that it's pushing in the same direction as the core view. But the core view, as you say, is based around those growth and monetary policy drivers.So, best practice here is let's keep continuing to anchor to the fundamentals in our investment view, but sort of recognize that there are substantial bands of uncertainty that are driven by U.S. policy choices and by investors' perceptions of what those policy choices could mean.Michael Zezas: So, James conversations like this are extremely helpful to our audience. We'll keep tracking this carefully. And so, I just want to say thank you for taking the time to talk with us today.James Lord: I really enjoyed it. Looking forward to the next one.Michael Zezas: Great. And thank you for listening. If you enjoy the podcast, please leave us a review wherever you listen to the podcast and share Thoughts on the Market with a friend or colleague today.