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Sharon Sim

Entrepreneur, Investor, Venture Capital GP, Family Office, Author, TV Host, Podcast Series Producer

Sharon Sim is a prominent figure in the financial industry with over 20 years of experience.12 She is the Co-Founder of Women in Family Offices (WIFO), a private network established in May 2022 to foster collaboration and dialogue among women in Family Offices and investment management.2

Currently, Sharon serves as the Co-Founder and General Partner at Purpose Venture Capital, an early-stage venture capital firm in Singapore focused on building sustainable and profitable tech businesses.2 She is also the CEO of a Singapore-based Single Family Office.12

Sharon's career highlights include:

  1. Senior roles at global banks like Goldman Sachs and Deutsche Bank12
  2. Experience in wealth management and private banking at institutions such as J.P. Morgan, UBS, and Citi2
  3. Co-founding Purpose Venture Capital in December 20202
  4. Serving as CEO of Aries Investment Management from April 2019 to August 20212

Sharon is passionate about empowering women in financial matters and shaping their financial destinies.1 Her LinkedIn username is sharonannesim2, and she is actively involved in various initiatives to promote women's leadership in the finance industry.

Highlights

Mar 3 · linkedin

In this candid chat with Daren Goh on Hydra X Podcast series, I shared about my #investment philosophy at Purpose Venture Capital, how we invest in #womenentrepreneurs, how to break the silence around money, and my upcoming book Why Women Don't Talk Money.

And reflecting on my own podcast, i hit on a few truths:

🔥 The funding gap is real - 86% of all venture capital funded businesses have no women in management positions

🔥 The outperformance is real - Female founders generated 10% more in cumulative revenue over 5-years than male-founded companies did.

🔥 Having representation makes a difference - Venture capital firms with at least one female investing partner are 2x as likely to fund female founders and 3x more likely to fund companies with female CEOs than VC firms with all-male partners,

Tackling this funding gap isn't just about doing the right thing—it's also a massive opportunity for investors to capitalise on innovative ideas. While Purpose Venture Capital is not a gender-biased fund, we have 2 female General Partners and 40% of our portfolio companies are female-led. We invest in women not because of any bias (conscious or unconscious) but because they are innovative entrepreneurs in their categories of #petcare, #climatechange and #financialinclusion. As we celebrate #iwd2024, it's a reminder to walk the talk - invest and support more women entrepreneurs!  

Podcast: https://lnkd.in/gbjSf7mS

#iwd2024 #investinwomen #accelerateprogress #breakthebias #venturecapital #SDG5 #fundinggap #womenentrepreneurs #womenempowerment

Related Questions

What inspired Sharon Sim to co-found Women in Family Offices?
How has Sharon Sim's career evolved over the past 20 years?
What are some notable investments made by Purpose Venture Capital?
How does Sharon Sim balance her roles in finance and social impact?
What challenges has Sharon Sim faced in her career?
Sharon Sim
Sharon Sim, photo 1
Sharon Sim, photo 2
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Location

Singapore