In light of the ongoing Movement Control Order (MCO) and MaGIC’s recent survey having conclusive data that only 2.9% of start-ups are confident in surviving through MCO - MaGIC will be bringing you its Webinar series, a platform for online live sessions with industry experts and entrepreneurs to shed light on the various ways to strategise and thrive in a time of crisis, such as the one brought about by the COVID-19.

Each topic in the series will dive into the different areas of business and offer tools and insights for business sustainability, followed by a Q&A session. We at MaGIC will strive to provide a platform of support for our entrepreneurs as best we can.

Our next speaker will be Kevin Brockland

Kevin Brockland

Kevin has spent most of his career in Investment Management collectively overseeing more than USD 500 million in Assets Under Management. He has broad experience working in global roles and regional roles, most recently he has been based in Malaysia for the last five years overseeing the Asia operations for a global fund manager. He has been involved in hundreds of transactions spanning 20+ countries and has helped many of them to scale internationally.

In 2021, he launched a new fund, Indelible Ventures. Indelible Ventures is a Seed Stage Venture Fund focused on Malaysia targeting tech-enabled B2B products that can scale internationally.

SESSION DESCRIPTION

An Employee Stock Option Plan (ESOP) is a form of remuneration given to employees, to retain or to reward them based on their performance. Usually offered in the form as company shares, it gives employees ownership rights as a shareholder.

In this session of Ask the VC; we’ll discuss the need to establish an ESOP pool, what an appropriate size allocation should be and how to utilise ESOP for hiring and incentivizing existing employees.

KEY TAKEAWAYS

1. How to set up your own Employee Stock Option Plan (ESOP)
2. Why you should set up an ESOP
3. What is the appropriate allocation size
4. How to utilise ESOP for hiring and incentives

COURSE BREAKDOWN

1. 45 minutes presentation
2. 15 minutes Q&A