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a 45 year review of technopreneurs in Malaysia

in 30 minutes

 

 Startup Camp KL GEW Malaysia November 2008

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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

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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}

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45 years

2008    BarCamp Malaysia StartUp Camp Plug & Play2003 Cradle2001    MavCap , TEAM1996    MDC 1995    Mesdaq 1989    KLSE 2nd Board1984    MVB1970    NEP1963    Malaysia, me

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Subtle difference

• Metcalfe: innovation, private sector, risk based

• razlan: copy, government & institutions

• Wired into our DNA, flag, anthem

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VC in Malaysia

80's    low tech, services90's    bank backed00's    govt backed10's    social network

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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

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why does Cyberjaya not produce innovative young tech start ups that grow big fast like Silicon Valley?

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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

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World giants

• General Electric

• BP

• HSBC

• Toyota

• Gazprom

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World tech giants

• sony 

• nokia

• ibm

• microsoft

• google 

• cisco

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malaysian giants

PetronasSime DarbyMISCPublic BankMaybankTenagaTelekomGentingIOI

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malaysian tech giants

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IHL m:f ratio

ratio of male:female ratio in Universitiesaccross all coursesaccross all cultures

rational economic agents

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Entrepreneur development

KPUK=MECDEntrepreneur=Usahawan Taxi driver, contractor, hawkers = service providers Technopreneur= IP   

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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%

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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%hacker 207,000 248,000,000

0.08%

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technopreneur is a Malaysian term!

technopreneur 20,900 68,100 30.69%Daniel cerventus 205 2,040

10.0%

technology entrepreneur 33,900 578,0005.87%

Startup camp kl 3,050 64,900 4.7%

Global entrepreneurship week

3,450 381,0000.91%

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malaysia / world

razlan rule: malaysia / malaysians will be more than 1% google

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start ups

railroads electricitytelephoneinternet

UK, US; innovation, driven by enterprising spirit Malaysia; government driven, licensed regulation

Innotech v startup camp GEWmalaysia 

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Ecosystem

many playerssupporting industriesjoint venturesventure fundingsecondary marketsangel investorsfailed projectssimple mathematicsexperiencewealth creationinnovationMarketingStart ups

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Innovation v regulation

oil palm: suitable climate, soil, ecosystemproperty: suitable climate, soil, ecosystemPolitics: suitable climate, soil, ecosystemIpo: suitable climate, soil, ecosystem

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bazi

politicians are businessmen: wealth seeking rational economic agentsbusinessmen are politicians: seeking projects and licences from regulators

www.bazidiary.com

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sorry

• The Malaysian ecosystem is not conducive to producing world class soccer players and world class tech start ups that grow big fast

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but

• Change has come!

• Global economic crisis

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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

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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

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ecosystem

• Fit within the local ecosystem

• Change the ecosystem

• Change the weather

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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

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Technopreneur : hack thyself

network thyself ; physicallybounce off each otherinvest in each otherrotary, lion,

Barcamp kl, barcamp penang, startup camp, barcamp jb

GEWGEWeyGEWeqGEWemGEWew

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gewem

• No fixed structure• Random mutations• Grow and split• Intersect disciplines• Pecha Kucha, Lightning talks• 20 slides 15,20 seconds• 5 , break 5• online

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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

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razlan challenge

• Usd 10b revenues

• Usd 100m GAMEY

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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}

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richard abas

 razlanabas at gmail

+60 19 335 47 31