How Leon Tan and his team managed to make the movie 'War of The Worlds: Goliath' is perhaps a lesson for all aspiring entrepreneurs, not just those in the creative content space. They had a vision, they had to get funding, the timing just came together, and they pivoted … many times.
Tripod Films’ animated full feature film, War of The Worlds: Goliath (WOTWG), was recognized as the Best 3D Animated Feature Film at the 3D Film Festival held last week in Los Angeles, which Tripod CEO Leon Tan says is validation that Malaysian companies can make great global products. Indeed, it beat two mainstream Hollywood movies for the honor.
Most of the companies Malaysia Venture Capital Management Bhd (Mavcap) has invested in since 2011 have been startups, and quite a few of them have failed, says its chief executive officer Jamaludin Bujang.
Even though Mavcap has RM100 million left over from its last allocation from the Malaysian Government, it will be asking for more – ‘actually quite a substantial amount,’ says its CEO.
It's been close to a year since Jamaludin Bujang took over as Mavcap CEO. DNA caught up with Jamaludin recently to get a feel for how Mavcap is doing, especially over the first seven months of the year, and how much money it has left to invest.