Stories Of Entrepreneurship from Asia

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Talk for Singapore's Entrepreneur Week

Talk for Singapore's Entrepreneur Week

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  • 1. Stories of Entrepreneurship from Asia Benjamin Joffe, CEO | +8* | Plus Eight Star Ltd Global Entrepreneurship Week| Singapore | November 2008
  • 2. 4 years 1 year 4 years
  • 3. Innovation Arbitrage Mobile & Internet services China | Japan | South Korea
  • 4. There are more ideas outside your country than inside Tom Kelley The 10 faces of Innovation
  • 5. 100% 80% USA 60% 3G users 40% Chin Japa 20% a n Source: +8* | www.plus8star.com 0% 0% 20% 40% 60% 80% % of Internet connections measured above 5Mbps
  • 6. #2 economy, #1 mobile society #1 mobile & Internet population #1 digital society
  • 7. “Social Networking Is Not a Business” (but it might be soon) MIT Technology Review July/August 2008
  • 8. Starting date 2004 1997 1999 2004 2006
  • 9. Revenues 2007 (USD) 150 mln 520 mln ~200 mln 100 mln 150 mln
  • 10. Profit 2007 (USD) (50 mln) 225 mln ~100 mln 35 mln ~60 mln
  • 11. Average Revenue From Users ~0% 87% 80% 5% 50%
  • 12. Sharing stories
  • 13. Thanks!
  • 14. www.plus8star.com benjamin@plus8star.com benjamin0123 http://twitter.com/plus8star www.linkedin.com/in/benjaminjoffe www.slideshare.net/plus8star