john le

Founder of several start-ups. Raised over US$30M venture capital. 2 exits. John splits his time between Southeast Asia and SoCal. He's an investor in several international tech enabled de novo business ventures. Spent early days as a banker.

LinkedIn: www.linkedin.com/in/johnnle/
Irvine, California, United States
Accredited investor
Member since September 29, 2008

About

Investor interests

Locations of interest	Irvine, California, United States Los Angeles, California, United States
Credentials	Accredited Investor

Education

UCLA , BS

Companies I've founded or co-founded:

LoanTrader, Portellus, Artiklz

Achievements (products built, personal awards won):

E&Y Entrepreneur of the Year Finalist 2000/2007 -- http://bit.ly/1vccaIf
Deloitte Fast 50 -- http://bit.ly/1unYuWr
Mortgage Technology Top 25 Vendor
Real Estate 40 Under 40 - http://www.octoberresearch.com/40under40/Le.cfm

What's the No. 1 mistake entrepreneurs/innovators make?

Underestimating the amount of effort, time, and money it takes to get across the goal line.

What are the top three lessons you've learned as an entrepreneur?

1) If you think it will be a breeze and blue sky, it will be challenging and storm clouds

2) If you think it will take 10 hours a day, it will take 12

3 If you think it will take X $, it will end up being 2X.

Full bio

John is a serial entrepreneur who started LoanTrader, Inc, the nation’s first internet-based mortgage marketplace, which was ultimately acquired by Metavante (NYSE: MV). LoanTrader/Ultraprise was funded by leading financial institutions such as Goldman Sachs, CitiGroup, GE Capital, Zurich, FBR Capital, and IAC-LendingTree. LoanTrader had 90+ banks participating on its exchange along with 12,000+ brokerage firms nationwide producing in excess of $10B in annual mortgage volume through its platform.

John also co-founded and a grew his second startup company Portellus from a 5-man operation into a 300+ employee firm, spread across 3 continents providing FINTECH solutions to clients such as Morgan Stanley, Fiserv, Deutsche Bank, Discover Financial Services, Washington Mutual, JP Morgan Chase, and many other regional banks.

John splits his time between Southeast Asia and SoCal to tend to his various investment interests in the region. After spending a three-year stint in Vietnam exploring opportunities in FINTECH, he established that country’s first consumer credit bureau with majority stakeholder TransUnion (see below links).

TransUnion Vietnam -- http://youtu.be/lHGRGDBuqC8
http://bit.ly/1t47dhe