Hon. Pauline Truong is an ex-Vietnamese refugee, who has had many years of experience as an international lawyer, GlobePreneur, investor, adviser and writer, with a track record of awards. She featured on major mainstream media globally, is a frequent guest lecturer/public speaker at international universities and other professional events, and enjoys life to the fullest around the world. We are honored to share her advice, insights and wisdom on global entrepreneurship, funding and technology.
Media (‘M’): What is a GlobePreneur? What do you do?
Pauline (‘P’): A GlobePreneur is a global entrepreneur. As GlobePreneur and traveler who enjoys life to the fullest, I try to make a difference to the global community whilst having an adventurous life combining international law, innovation, investments, entrepreneurship, social justice, humanitarian work etc. My passion is to further develop GlobePreneurs.com. It is a global platform endorsed by celebrities, that empower and celebrate global entrepreneurs from diverse backgrounds in a ‘different’ way. We have over 40,000 global entrepreneurs, lawyers, professionals and interested members from over 48 countries and we are growing rapidly. Our events in the U.S. and Asia have attracted over 100 professionals from around the globe. As the Founder and C.E.O. of Ascendo International Group and a stake-holder in a conglomerate of global companies, entrepreneur, and investor, my team and I are also working on some interesting global innovations.
M: What types of companies are you involved with? What types of companies are you interested in?
P: I have advised many emerging global companies, major health-related companies, MD PhD’s, scientists, disruptive technology companies, health professionals from respected institutions in their product development, commercialization and global expansion of their inventions and companies. They were very learned, and many of them had been in research in their respective areas and projects for many decades prior to product development and commercialization. We were able to grow the companies to a reasonable size. Hence, it was natural for us to initially lean towards biotech, medtech and other global disruptive companies in regards to funding, although we have widened our scope. We are very humbled to have been approached by the major universities like Harvard and MIT and others for a wide array of projects and innovation from around the globe. Some projects are quite amazing!
M: As a gate-keeper to a lot of funds, what factors help you make decisions?
P: Some factors that help us make our decision include (but not limited to):
M: What are your three tips to help entrepreneurs approach investors?
P: My three tips for entrepreneurs to approach investors:
M: How do you process applications?
P: Our applications are usually by high-end referrals from around the globe. As we are looking for the ‘hidden gems’ and very unique startups and companies, we have many international parties vetting investment opportunities in advance. Recently we opened up the opportunity for digital applications and widened our scope. We have seen many AMAZING projects globally, so we know the ‘right ones’ when we ‘see them.’ My background in law, science and entrepreneurship helps me to determine our level of interest, undertake negotiations and execute the contracts reasonably quickly, if interested. Hence we like to keep our processes very efficient.
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