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Innotech 2008 Shangri-La Kuala Lumpur
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Social Net & Entrepreneurship – The Hot Spots
Funding Trends - Addressing the Global
Economic Crisis via Technology
Innotech 17 November 2008
a 45 year review of technopreneurs in Malaysia
in 15 minutes
Innotech November 2008
disclaimer
• The following presentation reflects the views of the presenter and his organization which has only himself anyway
• It has no clear thesis and is more a jumbled collection of things to say
• It is a collection of anecdotes, ideas and empirical observations with little rigour or exhaustive analysis
Birth of the Internet?
• 1998 Founding of Google• 1991 Gore Bill signed by George Bush I• 1989 World Wide Web• 1984 Arpanet to TCP/IP• 1973 Ethernet, TCP/IP, Cellphone• 1969 Arpanet• 1957 Sputnik• 1946 Transistor and Me (62)
{sourced from Bob Metcalfe Enernet presentation}
45 years
2008 BarCamp Malaysia 2003 Cradle2001 MavCap , TEAM1996 MDC 1995 Mesdaq 1989 KLSE 2nd Board1984 MVB1970 NEP1963 Malaysia, me
Subtle difference
• Metcalfe: innovation, private sector, risk based
• razlan: copy, government & institutions
• Wired into our DNA, flag, anthem
VC in Malaysia
80's low tech, services90's bank backed00's govt backed10's social network
why don't world class VC firms come to town?the same reason world class soccer firms don't come either ...we are not a known producer {incubator} of what they want, their raw materials
,, start ups that grow big fast
why does Cyberjaya not produce innovative young tech start ups that grow big fast like Silicon Valley?
Silicon valley tech icons
bill hewlett & dave packardbill gates & paul allensteve jobs & steve wozniakjerry yang & david filolarry page & sergey brinlee bosack & sandy lernerherman hollerithpierre omidyarmark zuckerbergbill von meister
World giants
• General Electric
• BP
• HSBC
• Toyota
• Gazprom
World tech giants
• sony
• nokia
• ibm
• microsoft
• cisco
malaysian giants
PetronasSime DarbyMISCPublic BankMaybankTenagaTelekomGentingIOI
malaysian tech giants
Our share
world malaysia share
Jan 08 mkt cap USD T 55.1 0.317 0.58%Sept 08 mkt cap USD T 42.8 0.217 0.51%
population m 6,602 24.8 0.38%size m sq km 148 .329 0.22%
Listed companies 46,325 980 2.12%Mkt Cap #1 USD B 351 10.6 3.02%Mkt Cap #100 USD B 57.8 .231 .39%
zeitgeist malaysia web %umno 2,340,000 4,810,00048.65%msc status 64,700 354,00018.28%bogel 296,000 1,670,00017.72%bank loan 59,600 6,760,000 0.88%technology 6,250,0001,030,000,000
0.61%entrepreneur 206,000 39,100,0000.53%conman 10,500 2,200,000 0.48%start up 525,000 161,000,0000.33%innovation 335,000 127,000,0000.26%Garage 566,000 232,000,0000.24%venture capital 41,800 17,400,000 0.24%naked 252,000 134,000,000
0.19%iphone 524,000 330,000,0000.16%innotech 476 382,000 0.12%hacker 207,000 248,000,000
0.08%
technopreneur is a Malaysian term
technopreneur 20,900 68,100 30.69%
technology entrepreneur 33,900 578,0005.87%
Roslan bakri zakaria 84 199 42.2%
Global entrepreneurship week
3,450 381,0000.91%
malaysia / world
razlan rule: malaysia / malaysians will be more than 1% google
start ups
railroads electricitytelephoneinternet
UK, US; innovation, driven by enterprising spirit Malaysia; government driven, licensed regulation
Innotech
Ecosystem
many playerssupporting industriesjoint venturesventure fundingsecondary marketsangel investorsfailed projectssimple mathematicsexperiencewealth creationinnovationMarketingStart ups
Innovation v regulation
oil palm: suitable climate, soil, ecosystemproperty: suitable climate, soil, ecosystemPolitics: suitable climate, soil, ecosystemIpo: suitable climate, soil, ecosystem
bazi
politicians are businessmen: wealth seeking rational economic agentsbusinessmen are politicians: seeking projects and licences from regulators
www.bazidiary.com
sorry
• The Malaysian ecosystem is not conducive to producing world class soccer players and world class tech start ups that grow big fast
but
• Change has come!
• Global economic crisis
What global economic crisis?
• You will not suffer a hangover, if you did not get drunk at the party that you did not get invited to; but those that did enjoy themselves might urinate in your backyard or vomit on your lawn or crash into your car
• Beware the receding tide between the earthquake and the tsunami
Economic crisis
• Complex systems, non linear
• Migration slowdown; returning experience• IPO industry; Grow business not companies
• Change: 4 Nov, 8 March• Liquidity, liquidity, liquidity• Lack of color
ecosystem
• Fit within the local ecosystem
• Change the ecosystem
• Change the weather
Social networking
what you know v who you know
who you knowwho you meetwhere you go ...therefore, golf courses, karaoke, politics, airport sendoffs... …facebook, linkedIN, myspace, YM, MSN, icq, irc
Technopreneur : hack thyself
network thyself ; physicallybounce off each otherinvest in each otherlightning strikesrotary, lion,
Start up camp kl 0822 & 23 nov 08
razlan challenge
• Usd 10b revenues
• Usd 100m GAMEY
Social Net & Entrepreneurship – The Hot Spots
Funding Trends - Addressing the Global
Economic Crisis via Technology
Innotech November 2008
This morning
john fernandes microsoft 59 31,700 0.19%kumaran singaram cisco 319 1,160 27.50%tom raftery redmonk 0 2,330 0.00% richard azlan abas azlan & co 759 3,130 24.25%jason costa google 683 1,410,000 0.05%hasanuddin saidin ibm 81 2,990 2.71%kevin ewe ideo 3 1,270 0.24%khailee ng,the youth intelligence 31 55 56.3%stephen chia, team president 188 18,100 1.03%
After noon
ashran ghazi,nef 8 121 6.61%ahmed abdul khalid idb 50 1,770 2.82%bob chua pulse group 160 7,690 2.08%pamir gelenbe newtonmore advisors 0 16 0.00%chok kwee bee teak capital 7 19 36.84%chok kwee bee 688 1650 41.7%wong meng weng singapore 1,740 52,200 3.33%andrew wong mirc 252 17,400 1.45% hideaki fujiyama, jaic asia 3 9 33.3%
help
• www.Geotude.com {red herring asia 200, 06 & 08}
• www.Posttu.de
• www.xrosspath.com { seriously looking for serious Flash developers to build massively scalable visualization of space time data – rewards offered}
richard abas
razlanabas at gmail
+60 19 335 47 31
