45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia

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Richard Abas 45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia

Richard Abas 45 Year Review Of Technopreneurs In Malaysia Start Up Camp KL Gewmalaysia

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  • 1. a 45 year review of  technopreneurs in Malaysia in 30 minutes     Startup Camp KL GEW Malaysia November 2008
  • 2. 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
    • www.slideshare.net
  • 3. 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}
  • 4. 45 years
    • 2008    BarCamp Malaysia StartUp Camp Plug & Play
    • 2003 Cradle
    • 2001    MavCap , TEAM
    • 1996    MDC
    • 1995    Mesdaq
    • 1989    KLSE 2nd Board
    • 1984    MVB
    • 1970    NEP
    • 1963    Malaysia, me
  • 5. Subtle difference
    • Metcalfe: innovation, private sector, risk based
    • razlan: copy, government & institutions
    • Wired into our DNA, flag, anthem
  • 6. VC in Malaysia
    • 80's    low tech, services
    • 90's    bank backed
    • 00's    govt backed
    • 10's    social network
  • 7. 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
  • 8. why does Cyberjaya not produce innovative young tech start ups that grow big fast like Silicon Valley?
  • 9. Silicon valley tech icons
    • bill hewlett & dave packard
    • bill gates & paul allen
    • steve jobs & steve wozniak
    • jerry yang & david filo
    • larry page & sergey brin
    • lee bosack & sandy lerner
    • herman hollerith
    • pierre omidyar
    • mark zuckerberg
    • bill von meister
  • 10. World giants
    • General Electric
    • BP
    • HSBC
    • Toyota
    • Gazprom
  • 11. World tech giants
    • sony 
    • nokia
    • ibm
    • microsoft
    • google 
    • cisco
  • 12. malaysian giants
    • Petronas
    • Sime Darby
    • MISC
    • Public Bank
    • Maybank
    • Tenaga
    • Telekom
    • Genting
    • IOI
  • 13. malaysian tech giants
  • 14. IHL m:f ratio
    • ratio of male:female ratio in Universities
    • accross all courses
    • accross all cultures
    • rational economic agents
  • 15. Entrepreneur development
    • KPUK=MECD
    • Entrepreneur=Usahawan
    •  
    • Taxi driver, contractor, hawkers = service providers
    •  
    • Technopreneur= IP
    •  
    •  
    •  
  • 16. 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%
  • 17. zeitgeist malaysia web % umno 2,340,000 4,810,000 48.65% msc status 64,700 354,000 18.28% bogel 296,000 1,670,000 17.72% bank loan 59,600 6,760,000 0.88% technology 6,250,000 1,030,000,000 0.61% entrepreneur 206,000 39,100,000 0.53% conman 10,500 2,200,000 0.48% start up 525,000 161,000,000 0.33% innovation 335,000 127,000,000 0.26% Garage 566,000 232,000,000 0.24% venture capital 41,800 17,400,000 0.24% naked 252,000 134,000,000 0.19% iphone 524,000 330,000,000 0.16% hacker 207,000 248,000,000 0.08%
  • 18. technopreneur is a Malaysian term!
    • technopreneur 20,900 68,100 30.69%
    • Daniel cerventus 205 2,040 10.0%
    • technology entrepreneur 33,900 578,000 5.87%
    • Startup camp kl 3,050 64,900 4.7%
    • Global entrepreneurship week
    • 3,450 381,000 0.91%
  • 19. malaysia / world
    • razlan rule: malaysia / malaysians will be more than 1% google
  • 20. start ups
    • railroads
    • electricity
    • telephone
    • internet
    • UK, US; innovation, driven by enterprising spirit
    •  
    • Malaysia; government driven, licensed regulation
    • Innotech v startup camp GEWmalaysia
    •  
  • 21. Ecosystem
    • many players
    • supporting industries
    • joint ventures
    • venture funding
    • secondary markets
    • angel investors
    • failed projects
    • simple mathematics
    • experience
    • wealth creation
    • innovation
    • Marketing
    • Start ups
  • 22. Innovation v regulation
    • oil palm: suitable climate, soil, ecosystem
    • property: suitable climate, soil, ecosystem
    • Politics: suitable climate, soil, ecosystem
    • Ipo: suitable climate, soil, ecosystem
  • 23. bazi
    • politicians are businessmen: wealth seeking rational economic agents
    • businessmen are politicians: seeking projects and licences from regulators
    • www.bazidiary.com
  • 24. sorry
    • The Malaysian ecosystem is not conducive to producing world class soccer players and world class tech start ups that grow big fast
  • 25. but
    • Change has come!
    • Global economic crisis
  • 26. 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
  • 27. Economic crisis
    • Complex systems, non linear
    • Migration slowdown; returning experience
    • IPO industry; Grow business not companies
    • Change: 4 Nov, 8 March, 22 Nov
    • Lack of color
  • 28. ecosystem
    • Fit within the local ecosystem
    • Change the ecosystem
    • Change the weather
  • 29. Social networking
    • what you know v who you know
    • who you know
    • who you meet
    • where you go 
    • ...therefore, golf courses, karaoke, politics, airport sendoffs...
    •  
    • … facebook, linkedIN, myspace, YM, MSN, icq, irc
  • 30. Technopreneur : hack thyself
    • network thyself ; physically
    • bounce off each other
    • invest in each other
    • rotary, lion,
    • Barcamp kl, barcamp penang, startup camp, barcamp jb
    • GEW
    • GEWey
    • GEWeq
    • GEWem
    • GEWew
  • 31. gewem
    • No fixed structure
    • Random mutations
    • Grow and split
    • Intersect disciplines
    • Pecha Kucha, Lightning talks
    • 20 slides 15,20 seconds
    • 5 , break 5
    • online
  • 32. Other intersections
    • Solve a big problem
    • Avoid politics, from any angle
    • Low hanging fruits
    • Kl traffic, Ah Long, Maids
    • Car, House, Food, Education
    • Seedcamp
    • Do not pass Go, Go direct to resources
  • 33. razlan challenge
    • Usd 10b revenues
    • Usd 100m GAMEY
  • 34. 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}
  • 35. richard abas
    •  
    • razlanabas at gmail
    • +60 19 335 47 31