Business
Coffee with Samso Episode 81 with David Pillinger, Managing Director of VCEX is all creating an efficient marketplace for the whole Equity Capital sector. A couple of weeks ago, David Pillinger contacted me to talk about this "interesting platform" that is is marketing. In our discussions that followed that first contact, I have learnt that this is indeed an interesting platform. VCEX or Venture Capital Exchange is a simplistic platform that uses technology to make transactions and compliance simpler and cheaper. In the world of Venture Capital or Start-ups, the one thing that does not happen frequently is transaction of shares which also means the laborious compliance maintenance is not required. Unfortunately, the cost of compliance, today, is pretty much standard. When you look at VCEX, the main use of VCEX is that it will reduce all the compliance costs while being totally compliant with the requirements of ASIC (Australian Securities & Investments Commission).