Author: Dr V. Sivapalan
Malaysia needs stronger initiatives & better policies to increase digital adoption Bank Negara says digital transformation can boost GDP up to US$136bil by 2025
Dire future predicted for banks if they don’t become fully digital, says Dr V. Sivapalan
If we want to create more unicorns in Asia, investors need to change the way they think and invest, writes angel investor Dr V. Sivapalan.
Many entrepreneurs say that the type of questions an investors asks, says a lot about the type of investor they are, and hence the DNA-TEAM Disrupt panel discussion for November asks: Are Investors Asking All the Wrong Questions?
Malaysia has produced some of South-East Asia’s most successful dotcom and ICT companies, and has much to offer the smart investor, but is somehow not on investors’ radars, writes Dr V. Sivapalan.
Too many startups these days look to angels, VCs and grants for funding, forgetting that all-important source, revenue.
VCs should not be looking at the existing team and saying it is not good enough to execute the idea, so they will not invest. The point of the investment is to hire the rest of the team, to create an ‘A team’ that can go on to build a great company, writes Dr V. Sivapalan.
The nonsensical method of ‘government knows best’ policy-making has to end. It is about time they did what is right and formulate policies that will actually help the industry to really grow and succeed based on ‘bottoms-up’ policy making, argues Dr V. Sivapalan.
After 13 years of working with startup entrepreneurs, Dr V. Sivapalan is disappointed that most Malaysian entrepreneurs rarely have the belief and faith that they can build global companies.
The value of an event like ABAF is that it is a chance for networking, building relationships, discovering interesting companies, and when the “courtship” is positive, an investment. In fact, money is the least important element.