45 year review of technopreneurs in malaysia tm

Social Net & Entrepreneurship – The Hot Spots

  Funding Trends - Addressing the Global

Economic Crisis via Technology

Innotech 17 November 2008

a 45 year review of technopreneurs in Malaysia

in 15 minutes

 Innotech November 2008

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

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}

45 years

2008    BarCamp Malaysia 2003 Cradle2001    MavCap , TEAM1996    MDC 1995    Mesdaq 1989    KLSE 2nd Board1984    MVB1970    NEP1963    Malaysia, me

Subtle difference

• Metcalfe: innovation, private sector, risk based

• razlan: copy, government & institutions

• Wired into our DNA, flag, anthem

VC in Malaysia

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

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

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

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

World giants

• General Electric

• BP

• HSBC

• Toyota

• Gazprom

World tech giants

• sony 

• nokia

• ibm

• microsoft

• google 

• cisco

malaysian giants

PetronasSime DarbyMISCPublic BankMaybankTenagaTelekomGentingIOI

malaysian tech giants

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%

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%innotech 476 382,000 0.12%hacker 207,000 248,000,000

0.08%

technopreneur is a Malaysian term

technopreneur 20,900 68,100 30.69%

technology entrepreneur 33,900 578,0005.87%

Roslan bakri zakaria 84 199 42.2%

Global entrepreneurship week

3,450 381,0000.91%

malaysia / world

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

start ups

railroads electricitytelephoneinternet

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

Innotech 

Ecosystem

many playerssupporting industriesjoint venturesventure fundingsecondary marketsangel investorsfailed projectssimple mathematicsexperiencewealth creationinnovationMarketingStart ups

Innovation v regulation

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

bazi

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

www.bazidiary.com

sorry

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

but

• Change has come!

• Global economic crisis

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

Economic crisis

• Complex systems, non linear

• Migration slowdown; returning experience• IPO industry; Grow business not companies

• Change: 4 Nov, 8 March• Liquidity, liquidity, liquidity• Lack of color

ecosystem

• Fit within the local ecosystem

• Change the ecosystem

• Change the weather

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

Technopreneur : hack thyself

network thyself ; physicallybounce off each otherinvest in each otherlightning strikesrotary, lion,

Start up camp kl 0822 & 23 nov 08

razlan challenge

• Usd 10b revenues

• Usd 100m GAMEY

Social Net & Entrepreneurship – The Hot Spots

  Funding Trends - Addressing the Global

Economic Crisis via Technology

Innotech November 2008

This morning

john fernandes microsoft 59 31,700 0.19%kumaran singaram cisco 319 1,160 27.50%tom raftery redmonk 0 2,330 0.00% richard azlan abas azlan & co 759 3,130 24.25%jason costa google 683 1,410,000 0.05%hasanuddin saidin ibm 81 2,990 2.71%kevin ewe ideo 3 1,270 0.24%khailee ng,the youth intelligence 31 55 56.3%stephen chia, team president 188 18,100 1.03%

After noon

ashran ghazi,nef 8 121 6.61%ahmed abdul khalid idb 50 1,770 2.82%bob chua pulse group 160 7,690 2.08%pamir gelenbe newtonmore advisors 0 16 0.00%chok kwee bee teak capital 7 19 36.84%chok kwee bee 688 1650 41.7%wong meng weng singapore 1,740 52,200 3.33%andrew wong mirc 252 17,400 1.45% hideaki fujiyama, jaic asia 3 9 33.3%

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}

richard abas

 razlanabas at gmail

+60 19 335 47 31