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Billy Naveed
CSO @ Smile Group - Head of Capital Markets @ Carsome
Billy Naveed is a seasoned finance professional with extensive experience in capital markets and investment banking. He served as the Head of Capital Markets at Carsome from August 2021 to July 2023, where he led the IPO process and managed various capital market initiatives, including investor relations and fundraising efforts.14
Currently, Billy Naveed holds the position of Head of Growth at Smile Group, a leading venture builder and investor in Asia. His responsibilities include driving finance, corporate development, and liquidity strategies for the group and its portfolio companies. He also oversees Web3 investments and partnerships.13
Billy Naveed has a strong background in investment banking, having worked at prominent institutions like Credit Suisse and Morgan Stanley. He is known for his expertise in bridging finance and technology, with a proven track record of supporting disruptive tech companies and advising C-suite executives in Southeast Asia.1
Billy Naveed is also the founder of Young Founders School, which focuses on educating high school students about entrepreneurship. He is recognized as a LinkedIn Top Voice for 2024 and actively shares insights on finance and technology through his Substack newsletter.12
Highlights
Garnacho by far our best player tonight. Ineos looking to sell him is unforgivable. Burning the furniture to heat your house. #MUFC #GarnachoIn
16 times! That's how often Marc Benioff said the word "awesome" during Salesforce's Q2 results. And for good reason.
Salesforce is going all in on AI, particularly "Agents AI," which is changing customer service, SDRs, and account management by augmenting and even replacing traditional roles with AI-driven solutions. Benioff even joked about rebranding the company to "Agent Force."
Salesforce cash flow machine is just a monster, raising its operating cash flow margin to 25% and generating a staggering $755 million in cash flow this quarter alone.
Benioff didn’t hold back on competitors either, taking a jab at Microsoft for persuading clients to train their own models that, in his words, "don't work."
Asia is humming - The company's international footprint is expanding, with strength in Japan and India, and 5 out of the top 10 deals this quarter being international. Asia is proving to be a significant revenue driver, even at Salesforce's scale.
Dreamforce soon. They will be making agents available to all customers. Should be interesting to watch.
