10 things you can expect from being involved in a Malaysian startup as an investor, founder, or employee. 10 signals of what's to come... compiled from various sources by Khailee Ng, co-founder of SAYS.com (merged with Catcha), Groupsmore (acquired by Groupon) and Venture Partner at 500 Startups, covering Southeast Asia. Presented at http://awsxgoap.eventbrite.com as part of Geeks on a Plane, Southeast Asia.
2. HI. IāM KHAILEE.
SAYS.com Ā (Merged: Ā Catcha Ā Media) Ā
GroupsMore Ā (Acquired: Ā Groupon) Ā
Angel Ā Investor Ā US Ā (4) Ā MY Ā (3) Ā
Venture Ā Partner, Ā 500 Ā Startups Ā
Ā
Ā
TIME TO GROWTH-HACK THE
SOUTHEAST ASIAN STARTUP ECOSYSTEM!
3. GLOBAL SEED FUND
Invested Ā in Ā 475 Ā companies Ā
1/3 Ā of Ā them Ā outside Ā of Ā the Ā US Ā
CollecOvely Ā raised Ā over Ā $1B Ā
Fund Ā I, Ā 21 Ā exits, Ā to Ā Google, Ā LinkedIn, Ā TwiXer Ā etc Ā
Ā
6. "Malaysians Ā
Spend Ā the Ā Most Ā Time, Ā
Have Ā the Ā Most Ā
Friends Ā on Ā Social Ā
Networksā Ā
Ā
SOURCE:
Ā h*p://readwrite.com/
2010/10/11/
study_of_global_online_behavior_ļ¬n
ds_emerging_mar
Ā
Ā
17.5M Ā Internet Ā Users Ā
14M Ā on Ā Facebook Ā
Ā
MY HAS THE WORLDāS MOST
SOCIAL CONSUMERS
8. LOW ONLINE CUSTOMER ACQUISITION
COSTS (ALMOST 1/10 VS USA)
AS Ā LOW Ā AS Ā $0.02 Ā Ā
FOR Ā A Ā TRUE Ā VIEW Ā
Ā
Ā
Ā
Ā
AS Ā LOW Ā AS Ā Ā
$0.07 Ā
FOR Ā A Ā MOBILE Ā CPI Ā
Ā
10. GLOBAL + LOCAL
TALENT HUB
ā¢āÆ WORK Ā PERMIT Ā FOR Ā
FOREIGNERS Ā IN Ā TECH Ā
(UNLIMITED) Ā IN Ā 2 Ā
WEEKS Ā
ā¢āÆ COSTS Ā 3X Ā CHEAPER Ā
THAN Ā SINGAPORE Ā
ā¢āÆ TAP Ā INTO Ā INDONESIAN, Ā
VIETNAMESE, Ā
PHILIPPINO, Ā INDIAN Ā
TALENT Ā
ā¢āÆ LOCAL Ā TALENT Ā SPEAKS Ā
ENGLISH Ā
11. GLOBAL TECH GIANTS
GROWING DIRECT ACTIVITY
IN MALAYSIA
PARTNERSHIPS Ā WITH Ā
LOCAL Ā TELCO Ā TO Ā GIVE Ā FREE Ā
WIRELESS Ā INTERNET Ā TO Ā
SCHOOLS
Ā
Ā
DIRECT Ā LOCAL Ā
STARTUP Ā SUPPORT Ā
Ā
LOCAL Ā DEVELOPMENT Ā OFFICE Ā
IN Ā MALAYSIA, Ā
LOCAL Ā ACQUISITIONS Ā
Ā
12. LIFESTYLE KINDA ROCKS
WORK-ĀāLIFE Ā
AWESOMENESS Ā
Ā
ā¢āÆ EVERY Ā WEEKEND Ā IS Ā A Ā
VACATION Ā : Ā AIRASIA Ā
YOURSELF Ā TO Ā WORLDāS Ā TOP Ā
VACATION Ā DESTINATIONS Ā IN Ā
3 Ā HOURS Ā
Ā
ā¢āÆ AFFORDABLE Ā COSTS Ā OF Ā
LIVING Ā (LONGER Ā RUNWAY) Ā
GOOD Ā BALANCE Ā
OF Ā ASIA Ā
Ā
ā¢āÆ NOT Ā AS Ā āCHAOTICā Ā AS Ā
MANILA Ā OR Ā JAKARTA Ā
Ā
ā¢āÆ NOT Ā AS Ā āSTERILEā Ā VS Ā
SINGAPORE Ā
Ā
ā¢āÆ LOCALS Ā SPEAK Ā ENGLISH Ā
13. 10 YEARS NO TAX
FOR TECH STARTUPS
+ (ANGEL INVESTING TAX EXEMPT)