Our Team
In many new ventures, no matter what any of the founders or members say, promises are only promises. In 2014, Forbes wrote an article titled ‘Why startups fail, according to their founders’. This article laid out two critical points that new businesses should take notice of, being that nine out of ten startups fail. According to the article, not having the right team accounts for 23% of these failures.
In light of this, it’s important that investors not only look at a project and its viability (although that is important, and in-fact this was covered in a previous article), but among other factors, ensure they review its team thoroughly.
Now this article will attempt to review the team itself, arguably the most critical component of any new venture. The four-person executive team behind Molecular have over 20 years of combined experience in the finance industry, each bringing their own individual strengths.
Jason Tso, the CEO was an early investor in Bitcoin and an infamous risk management expert who, after receiving 5 million RMB from a VC fund, created software that allowed users to spread their assets into hundreds of firms, thus vastly improving diversification.
Jacky Chan, the COO provides trading and management experience from his years spent as a partner at Luk Fook financial, a Hong Kong based financial services firm. During his time at Luk Fook, Jacky was managing a portfolio of more than 100 million RMB. Throughout his career, and before the emergence of the CTD market, Jacky mainly dealt in gold, foreign exchange and insurance.
Golden Yu, the CIO and resident big data and arbitrage expert is highly skilled in both technical and fundamental analysis of traditional and CTD markets. During his time working in traditional markets, Golden used big data to predict and profit off two stock market crashes (circuit breakers), and used his detailed understanding of arbitrage techniques to take advantage of price differences in security markets during the merger of CSR and CNR. In 2015 Golden widened his scope and began trading digital assets, taking advantages of price fluctuations by developing his own arbitrage models.
Kennese Chan (CFA), the CFO brings over 10 years of financial and management experience to Molecular, with specialties in M&A of large companies, and strategic management. Currently, she is working as the Sales Director for CITIC, a multi-billion-dollar construction conglomerate where she implements extensive experience in strategic leadership.
This strong team consisting of financial professionals, each with extensive experience in business, trading and digital assets has more than enough understanding to address the intricacies and issues that a project like this can have.
