Speakers
Jonathan Whittle
Co-founder & Managing Partner
Quona Capital
Jonathan Whittle is co-founder and Managing Partner at Quona, where he leads Quona’s Latin America investment strategy.
Jonathan is a seasoned investor and entrepreneur with over 25 years of experience in Latin America. Before co-founding Quona, he was co-founder and CEO of Acesso, a leading prepaid financial service provider for the unbanked population in Brazil. Prior to launching Acesso, Jonathan managed Darby Technology Ventures, a pioneering technology venture capital fund for Latin America. He joined Darby after a decade of experience as part of the founding team of leading venture capital-backed telecommunications and data services companies in Latin America, including Diveo (acquired by UOL), and Optiglobe (now Tivit).
Speaking at SFF 2026
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12:00–12:40pmThu 19 NovSide ProgrammesInvestors Lounge (Hall 2)Open
Capital Rewiring
Built to Exit: How Cap Tables Make or Break the Endgame
Side ProgrammesInvestors Lounge (Hall 2)Open
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Jonathan WhittleCo-founder & Managing PartnerQuona Capital
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Adrian LiFounder & Managing PartnerACV Capital
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Natasha HartoroCo-Founder, CEODurianpayModerator
About this session
Every founder dreams of the exit. Far fewer plan for it.
In a funding cycle shaped by lofty valuations and layered rounds, many promising companies find their path to exit blocked by the very capital that fueled their growth. Complex cap tables, preference stacks, and misaligned shareholders can turn a willing acquirer into a walk-away, or a good outcome into a stalemate.
This session, co-hosted with Singapore Venture Capital Association, brings together investors for a candid conversation about what really stands between a startup and its exit. We’ll examine how high valuations and shareholder misalignment create friction when it matters most, and ask a harder question: how can founders and investors recognize early when to pivot or call time, before too much capital makes either option painful?
Expect frank views, real lessons, and practical takeaways for anyone raising or backing startups today. -

