Angel Investor and Fintech Trailblazer: A Spotlight on Nelson Chu, CEO of Percent
Get ready for an exciting episode of "The Angel" podcast as we sit down with the talented Nelson Chu, Founder and CEO of Percent! If you're into fintech, you won't want to miss this.
Nelson has been making waves in the industry, having previously hosted a Fintech podcast at Wharton. In this episode, he spills the beans on how he accidentally stumbled upon the idea for Percent, a company that simplifies the loan process for a specific market by eliminating the need for Excel, phone calls, and emails.
What's more, Nelson shares his insights on the private debt market versus the general debt market, and how this impacts his business. He also sheds light on the differences between non-bank and bank lenders, giving us an inside look at the nitty-gritty details of the industry.
But that's not all! Nelson reveals an incredible fact about building his company that will leave you stunned. For the first four years, he had to create one side of the market, which involved a whopping 400 deals totaling an unbelievable $1.2 billion. Talk about dedication!
Before founding Percent, Nelson was a strategy consultant who specialized in helping companies raise capital and build products, generating over $1 billion in equity value. And he doesn't stop there. As an active angel investor, he has made successful investments in various startups such as BlockFi, Care/Of (Acq: Bayer AG), Clover Health (NAS: CLOV), dv01, Eden Health, Plentina, Tala, and Uala.
With his wealth of experience in finance and entrepreneurship, Nelson Chu is definitely a hot podcast talent to watch out for, and this episode is a must-listen for anyone interested in fintech and investment.
