[Investor Journey] Robin Butler (Sturgeon Capital) investing at the frontier from Pakistan to Uzbekistan, ecosystem maturity, liquidity and creating momentum

The Enthusiast

On this episode Pat sits down with Robin Butler, Partner and Head of Impact at frontier investment firm, Sturgeon Capital.
Robin eloquently unpacks the $300bn opportunity in frontier markets in Central Asia, Bangladesh, Pakistan and Egypt and how you can combine profit and impact making a lasting impact on growth and innovation in these markets.
You will learn about:

• Sturgeon's thesis and why these markets
• How Robin thinks about the challenges in frontier ecosystems in terms of dealflow depth and breadth as well as capital pools
• The impact of the Airlift story going south and what is means for the Pakistani ecosystem going forward
• How to align impact and profit in a venture firm

You can follow Robin on LinkedIn here, make sure to check out the piece on Sturgeon Capital in the Generalist and their very own Substack Terra Incognita

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פרקים

1. [Investor Journey] Robin Butler (Sturgeon Capital) investing at the frontier from Pakistan to Uzbekistan, ecosystem maturity, liquidity and creating momentum (00:00:00)

2. Robin's way into VC (00:02:48)

3. Sturgeon's thesis around frontier markets (00:04:32)

4. How do you generate dealflow (00:10:17)

5. Is there a critical mass of deals? (00:13:22)

6. The issue of follow-on investments and liquidity (00:23:48)

7. Optimising for profit and impact (00:32:58)

8. Trends in frontier markets (00:35:56)

9. Fast speed round (00:43:23)