24 May '12, 9am

Why big corporates like @SingTel can be the White Knight to Asia’s startup scene

Why big corporates like @SingTel can be the White Knight to Asia’s startup scene

Why big corporates like SingTel can be White Knights to Asia’s startups May 24, 2012 by Guest Contributor This article was republished with permission from the author’s blog . “What are you doing here in (insert country), you should be in Silicon Valley.” Do these words sound familiar to you? In Asia, it’s very common for Founders with great ideas to either run their companies in boot strap mode or relocate to Silicon Valley. Even great talent is expected to take huge pay cuts when they join a startup. We don’t need a scientist to figure out the primary cause of this issue. This is primarily because of the scarcity of risk capital in Asia. Entrepreneurs with good ideas have to slog for cash. One key factor that gives wings to the dreams of most Silicon Valley startups is the free flow of capital that lets them dream big…really big. Silicon Valley is blessed with excess cap...

Full article: http://sgentrepreneurs.com/commentary/2012/05/24/why-big-...

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