Stories Of Entrepreneurship from Asia

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<p>The Digital Silk Road</p> <p>Stories of Entrepreneurship</p> <p>from Asia</p> <p>Benjamin Joffe, CEO | +8* | Plus Eight Star Ltd</p> <p>Global Entrepreneurship Week| Singapore | November 2008</p> <p>4 years</p> <p>1 year</p> <p>4 years</p> <p>China | Japan | South Korea</p> <p>Innovation Arbitrage</p> <p>Mobile &amp; Internet services</p> <p>There are more ideas outside your </p> <p>country than inside</p> <p>Tom Kelley</p> <p>The 10 faces of Innovation</p> <p>3G</p> <p> use</p> <p>rs</p> <p>% of Internet connections measured above 5Mbps</p> <p>USA</p> <p>Japan</p> <p>China</p> <p>0%</p> <p>20%</p> <p>40%</p> <p>60%</p> <p>80%</p> <p>100%</p> <p>0% 20% 40% 60% 80%</p> <p>Source: +8* |</p> <p>#2 economy, #1 mobile society</p> <p>#1 mobile &amp; Internet population</p> <p>#1 digital society</p> <p>Social NetworkingIs Not a Business</p> <p>(but it might be soon)</p> <p>MIT Technology ReviewJuly/August 2008</p> <p>Starting date</p> <p>2004 1999 20041997 2006</p> <p>Revenues 2007 (USD)</p> <p>150 mln 520 mln ~200 mln 100 mln 150 mln</p> <p>Profit 2007 (USD)</p> <p>(50 mln) 225 mln ~100 mln 35 mln ~60 mln</p> <p>Average Revenue From Users</p> <p>80% 5%87% 50%~0%</p> <p>Sharing stories</p> <p>Thanks!</p> <p></p> <p> </p> <p>benjamin0123</p> <p> </p> <p> </p> <p> </p>