BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  State of ECF: Inside Valuations, Deal Quality & Investor Fit

State of ECF: Inside Valuations, Deal Quality & Investor Fit

Bikesh Lakhmichand, CEO & Founding Partner, 1337 Capital | Kashminder Singh, Co-Founder and Chief Strategy Officer, pitchIN

16-Apr-25 12:00

State of ECF: Inside Valuations, Deal Quality & Investor Fit

Is equity crowdfunding (ECF) really a viable option for serious investors, or is it a playground for “dumb money” and bloated valuations? On Enterprise Explores, we unpack the data, dispel myths, and debate the future of this funding model with Bikesh Lakhmichand of 1337 Capital and Kashminder Singh of pitchIN.

Drawing on the latest data from the Securities Commission of Malaysia, we explore the decline in fundraising, shifting investor trends, and growing concerns around deal quality, valuations, and exits.

Kashminder and Bikesh discuss the shift toward larger campaigns and dividend-paying companies, the rise in retail investor participation, and address the perception of “low quality deals” in ECF. They also tackle hot-button issues like inflated valuations, limited exit pathways, and the evolving role of angel and institutional investors; alongside insights into due diligence standards, secondary markets, and proposed improvements for the industry.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  investmentsmarketseconomymanagingfinancial wellness

Tags:  early stage investingdumb moneyequity crowdfundingfundraisingsmart moneyangel investorsretail investors





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We discuss how AI is shaping information, engagement, and credibility in the digital age with Kiron Kesav, Chief Strategy Officer, PHD APAC at OMG Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) We review Zootopia 2 and then ask: What (or who) are your favourite on-screen animal characters?

1:00 PM

Cruise Control

(REPEAT) We talk about Perodua's new EV, the QV-E and the conversations surrounding it. Daniel also shares his thoughts on the recently launched luxury sedan from JAC, the Maestro S800.

2:00 PM

Matt-Splained

(REPEAT) We look at the benefits of pressure washing your brain, Matt’s morbid curiosity and Richard’s misconceptions about horror fans.

3:00 PM

Earth Matters

(REPEAT) We speak to Meenakshi Raman about what COP30 in Belém achieved, what fell short, and what the outcomes mean for global climate action.

4:00 PM

Bar None

(REPEAT) We look ahead to the upcoming SEA Games and Malaysia's chances in the tournament.

5:00 PM

BBC World Service

What kinds of food and drink help people keep warm while living in extreme cold? The Food Chain explores.