4. Visit My Website For Free InformaJon On Japan’s Social Game Industry (hKp://www.serkantoto.com)
5. Agenda I: Asia’s Startup Ecosystem: The Good II: Asia’s Startup Ecosystem: The Bad III: PerspecJves
6. I: Asia’s Startup Ecosystem: The Good
7. Asia: No. 1 Web PopulaJon ‐> More than America and Europe combined.
8. Asia: No. 1 Web PopulaJon ‐> More than America and Europe combined.
9. Asia: Weak In Internet PenetraJon ‐> Worldwide, just Africa is behind Asia. Huge potenJal. Source: ITU (Interna9onal Telecommunica9on Union)
10. Asia: Mobile Is Big ‐> 11 of the top 20 mobile naJons are in Asia. Source: Wikipedia
11. Asia: Internet Traﬃc To Explode By 2015 ‐> APAC to overtake North America in monthly web traﬃc in 2015. Source: Cisco, Penn Olson
12. Key Take‐aways • Huge Internet market with big future potenJal • Very mobile‐centric countries • Internet usage (ﬁxed and mobile) to explode in the next years
13. “Asians can only clone!” Is this true? Image source: http://www.flickr.com/photos/yamagatacamille/4267887034/
14. Insead‘s Global InnovaJon Index 2011 ‐> Asia is doing OK.
15. Example 1: Mobile Web (Japan/1999) ‐> NTT Docomo kickstarted the mobile web with i‐mode.
16. Example 2: Online Gaming (Korea/1996) ‐> Nexon‘s The Kingdom of the Winds is the ﬁrst MMORPG. Image source: Gamespot
17. Example 3: Virtual Goods (Korea/1999) ‐> Cyworld popularized virtual items in social networks.
18. Example 4: E‐Publishing (Japan/2006) ‐> Sony was ﬁrst to market with the PRS 500 e‐reader.
19. Example 5: Broadband (SK, HK, JP/1998) ‐> 94% broadband penetraJon in Korea in 2000. Image source: Tech In Asia
20. Example 6: Internet Of Things (Japan/1994) ‐> Toyota subsidiary Denso Wave invented QR codes. Image source: Asiajin
21. Example 7: Mobile Social Gaming (Japan/2006) ‐> Japan‘s social gaming market will hit US$2.5 billion in 2011 (JP Morgan).
22. SelecJon Of InnovaJve Asian Startups
23. What Can Be Done In Asia‘s Web Scene? ‐> Biggest problem: underdeveloped ecosystems in Asia. • low number of QUALITY startups • weak exit environment (IPOs, trade sales)• few competent VCs firms/angel investors • political and legal problems in some• low propensity of talents to work for South East Asian countries (IP protection,startups bureaucracy for startups, general political• few people with an entrepreneurial instability)mindset • massive “brain drain”• historically, culturally, and economically • still low Internet penetrationdiverse markets • fragmented mobile landscape• much lower online spend than in North • underdeveloped online and mobileAmerica or Europe payment infrastructure (if any)• problematic role of government/ • high web access/data costsregulations