Simran Kang from MyFO

Simran Kang is the Founder and CEO of MyFO.

MyFO is an easy-to-use platform to help you start and grow a family office. Our net worth snapshot, curated guidance and personalized workflows help you securely manage and safe-keep all important information pertaining to your growing family office.

Takeaways

Working at a Big Four firm like PWC provides valuable insights into various businesses and builds strong relationships.

Simran breaks down Family Offices (FOs), what they are, how the operate and make decisions.

How they find FOs which are very under the radar.

The future of MyFO including a potential deal marketplace.

Her role as a Board Member at BC Tech.

Raising her pre-seed round.

Building a team at the earliest stages.

Chapters

00:00 Working at PWC and Joining a Family Office

03:28 Understanding Family Offices

06:22 Identifying the Problem and Launching MyFO

09:19 Unlocking Capital for Family Offices

13:28 Aggregating and Analyzing Data for Family Offices

17:47 Reaching Out to Family Offices

20:10 Raising Money for MyFO

23:19 User Experience and Engagement

25:25 Creating a Deal Flow Marketplace

28:43 Building the MyFO Team

31:37 Building a Strong Tech Community

35:37 Favorite Book and Excitement for the Future

37:53 Dealing with Hard Times

38:44 Message on Financial Literacy