For local guide marketplace Shiroube, its founder Tatsuo Sato, is tapping into an altogether difference kind of return on investment.
It’s not every day that you get to meet a billionaire at an informal event but that’s exactly what over 100 people got to do at the DNA-TeAM Disrupt event held Oct 16 at the Plug & Play Technology Garden in Kuala Lumpur, where Tan Sri Vincent Tan, one of the wealthiest men in the country, was on hand to field questions.
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.
MDeC has to step out of its box and it absolutely must step up its game. It can do this next year when it gets the next drawdown of its funding from the Government under the 10th Malaysia Plan. Pick the best entrepreneurs and send them to Silicon Valley to test their ideas against the best in the world, argues DNA founder and CEO Karamjit Singh.
IBM has announced a ‘SmartCamp KickStart’ program to identify early-stage entrepreneurs who are developing business ventures that align with its Smarter Planet vision; submissions are now open for startups based in ASEAN.
Piktochart, helmed by the wife-and-husband team of Goh Ai Ching and Andrea Zaggia, was the grand winner of the Silicon Valley Comes To Malaysia (SVC2M) event that began last year and wound up last month. Goh, in Silicon Valley recently on a one-month study and networking tour sponsored by Global Innovation through Science and Technology (GIST) and StartupMalaysia.org, writes about her experience on why sharing and giving is a great way to grow your business network.
It is easy for aspirational words like innovative, creative or out-of-the-box to roll off our tongues, yet how so very tough it is to actually practise and embed these words into our DNA so that we are living, breathing, walking, and talking examples of it.
Chip giant Intel established its global investment and M&A organization Intel Capital in 1991. Its South-East Asian arm was established in 1999 and has since invested US$95 million in technology companies in the region – and not necessarily startups alone.
The Asian Business Angels Forum (ABAF) was held at the Marriott Hotel in Kuala Lumpur from May 23-25. Was it a waste of time? The naysayers and believers have a Face-Off here on Digital News Asia.