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.
Malaysia should look into creating business angel networks and introducing tax incentives to help develop the entrepreneurial and start-up space, says a professor who has spent 25 years researching the subject in the United Kingdom.
Carlist.my, which was launched in 2009, now has a new shareholder in the form of Catcha Media, which took a 50% stake, valuing the country’s leading car site at RM10 million (US$3.2 million).
The man behind virtualmalaysia is now building a travel platform that he reckons will be the global standard for matching B2C travel packages to allow travelers to make smarter buying choices. To read the free version of this article, go here