Felix Lee, ADPList

Kavitha Mariappan, Zscaler

Felix Lee

19 June 2023
Under the Radar: Making mentorship accessible for everyone – ADPList on monetisation; Possibility of a paid subscription model, B2B business vertical; Leveraging the value of its platform; Future capital raise after US$1.3m led by Surge in 2021; Cash burn rate and future plans
Imagine building a platform where you can search, book and meet mentors from around the world to seek career advice.
That’s what our guest for today did during the pandemic to make mentorship accessible for everyone.
Founded in 2020, ADPList is a global community of mentors and learners, and so far, the community has grown to over 14,000 people with over 15 million minutes mentored in about 140 countries.
But how does ADPList monetise the platform and position itself against other membership networks? Does the company see potential to work with corporations to develop tailored mentorship programmes, and craft out a B2B vertical for itself?
Separately, the company had in 2021 raised US$1.3 million in funding led by Seqoia’s Capital India’s accelerator programme Surge, as well as angel investors such as Carousell’s co-founder Quek Siu Rui, but what are ADPList’s future plans as far as capital raise is concerned?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Felix Lee, Co-founder and CEO, ADPList for more.

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Listen to his previous podcasts:

31 March 2023
From Zero to Hero: How a young Singaporean is building a freely-accessible global mentor network
"Do not let your background define your future."
That is how we would describe our guest on Mind Your Business today.
Coming from a humble family background, he had no access to mentors whom he could consult or look up to.
That was what prompted him to start a mentorship company as a side project at the height of the pandemic.
But his business grew so rapidly that his boss told him to either focus on the full time job or his side project.
Well, the choice was obvious.
Striving towards his vision of a world where education and knowledge sharing is free and accessible to all, Felix Lee, Co-founder of ADPList, a global mentoring platform, shares his journey, the mentors who have helped him and his aspirations for the global community that is exploding at lightning speed.

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