JC

Jun Cheong

Metaverse | Web3 | Ex-VC

WP. Kuala Lumpur, Federal Territory of Kuala Lumpur

Invests in

Stages:

Sectors:

Locations:

  • Min Investment:

    $100,000.00
  • Max Investment:

    $5,000,000.00
  • Target Investment:

    $1,500,000.00

Education

Work Experience

  • Chief Metaverse Officer

    2022

    • Led the metaverse strategy that encompasses the company vision and roadmap for immersive experiences. • Managed a team of three team members – grew annual revenues by 300% annually within one year. • Worked with cross-collaborative teams to develop product requirements to successfully lead business efforts. Virtualtech Frontier (VTF) is a leading Metaverse and virtual spaces development company. Backed by 500 Global and Blockchain Founder's Fund, they are at the forefront of creating an interoperable and accessible metaverse. Since its inception, they have helped virtualize hundreds of companies and brands, such as Nestle, Omega and Bytedance. Striving to bring everyone into the metaverse, they have developed Mitoworld.io, a No-Code Metaverse SaaS platform that simplifies the creation and connection of purpose-driven metaverses. Email: jun@virtualtechfrontier.com

2020 - 2022

  • Investment

    2020 - 2022

    • Led and completed the buyout of the sister VC seed fund to a local family office for USD 5.5 million. • Played an instrumental role in driving the first five investment deals valued at up to US$2.7 billion. • Managed a team of analysts, providing guidance and mentorship on investment analysis and deal negotiation.

  • Investment Associate

    2019 - 2021

    • Oversee in-depth viability assessment of investment opportunities valued up to RM 30M in seed stage focusing on asset classes in technology, marketplaces, real estate, edutech, automotive, media and fund management across South East Asia. • Identify potential high-investment return opportunities and evaluate product positioning strategy. Ensure adequate capitalization, extrapolate global macro trends and metrics, and spearhead industry scenario assessment via competitor analysis, market sizing, and customer interviews. • Provide analytical support for decision making to support / value-add to portfolio companies and conduct portfolio reporting periodically. Tasks include develop models, analyze data, propose insight and solutions to upper management. • Drove a fundraising round and raised RM 700K during the pandemic environment. • Led in negotiation and execution of term sheet, legal and investment documents. • Managed a private equity real estate fund and generate performance reports, management accounts, and annual reports to investment committee and investors. Tasks include process development and governance, corporate advisory, and investor relations.

  • Axiata Young CEO Development Programme

    2018 - 2019

    • Selected as 1 of 80 top outstanding participants out of over 8000+ applicants, the Young CEO Development Programme aims to nurture and develop the traits of well-rounded individuals. • Structured professional training development for two years and fully sponsored worth of RM50k, the aim is to build core competencies which are creativity, communication and critical thinking by self awareness, self management and the attitude. Achievements include: • Won the "Top 10 Performers" award. • Elected as Project Leader and led multiple project teams (8 - 16 members) to win 5 out of 9 business challenges across Energy, Property, Government and Tech industry sectors. • Emerged Champions for Regional Business Challenge in Indonesia (consulting engagement with Boost Indonesia).

  • Investment Analyst

    2018 - 2019

    • Perform due diligence and drive pitching, positioning, and presentation of potential investment opportunities to management team based on research and analysis findings. • Responsible for analyzing feasibility of different startup financial models by looking at the revenue growth drivers, implied financial ratios, and burn rates matched with runway. • Led and executed strategy to reduce 40% of the burns rate on one of the portfolio company. • Executed an investment exit, having achieved 20% increase in fund performance within 15 months. • Involve in the evaluation and structuring of corporate proposals like IPO deals and fund-raising exercises.

  • YCM mentorship

    2018 - 2018

    • Worked with an experienced mentor and young professional to devise a monetising strategy for a local NGO, Badan Warisan Malaysia which aims to raise awareness of heritage issues in Malaysia.

2017 - 2018

  • Market Risk Analyst

    2017 - 2018

    -Responsible in producing monthly market risk reporting of investment portfolios and interest rate exposures at Entity level to CRO, CFO and Board Risk Committee. -Generated accurate analysis and evaluations of market exposure across asset classes including interest rates and rates derivatives, FX products, and fixed income securities to senior management. Effectively presented numerical data through tables, charts and graphs with Microsoft PowerPoint. -Ensured accurate configurations, calculations and report generation of Value at Risk (“VaR”) at entity level. -Assisted in scenario simulation and stress-test for market risk assessment. -Provide research and insight on main interest rate markets, and economies to provide risk perspectives in business. - Assisted in producing, analysing and explaining risk-weighted assets (RWA) for market risk.

2016 - 2017

  • Student Ambassador

    2016 - 2017

    • Assisted on outreach, recruitment campus visits, including leading campus tours with providing information to new undergraduates and their families, including leading campus tours. • Assisted University staff on outreach in educational institutions, where students undertake a task or there is a learning outcome. Leading small groups of students through assigned tasks which help improved my leadership skill.

  • Student Fundraiser

    2016 - 2016

    • Engaged alumnus in telephone conversation to update them on University news and activities, and work effectively with other members of the Student Fundraising Team. • Established a good rapport and ask for donations which enhanced my negotiation skills • Raised approximately 90,000 Pounds fund for the campaign with the Student Fundraising Team.

Enactus Kent

2017 - 2017

  • Nationals 2017 Presenter

    2017 - 2017

    • Selected to represent over 70 Enactus members to showcase projects and the impact Enactus Kent had on the community for the national competition. • Presentation team is comprised of six Enactus members who memorize and perfect a presentation of 15 minutes which will presented to executives from companies across the United Kingdom.

  • Risk Management Intern

    2016 - 2016

    • Helped in performing devise scenario analysis which reflecting possible severe operational business events to assess risks to business operations. • Assisted in produce MS PowerPoint presentation presentations for operational risk framework that outline findings, recommend changes to present business-related information to audiences. • Self-taught advance function for Microsoft Excel to processed data and administered office systems to ensure staff were credited with the correct data to achieve their targets. • Assisted in performing interest rate stress testing using Excel which improve my analytical skill.