Growing startups in Asia, winning locally and scaling beyond the region. We take a look at how Malaysian startups disrupt the incumbents in Asia and what kind of strategies they take to scale beyond their local market.
34. Number of internet users in selected countries in the Asia-Pacific region as of
January 2019, by country (in millions)
Source: Statista 2019
32 million
51. Cryptocurrencies
Last June, a Malaysian government advisory
committee, Majlis Perundingan Melayu signed a
memorandum of understanding with South
Korean blockchain lab IncuBlock for blockchain tech
development permissible under Sharia law.
65. Disruption coming from outside
“A paradigm shift among SMEs, especially in innovation and
creative solutions, is key to propelling the manufacturing
industry forward as it accounts for 98.5% of manufacturing
companies and 42% of employment,”
Tun Dr Mahathir Mohamad,Jul.2019
“
70. Tips for incumbents
Don’t undervalue disruptive tech (i.e. Blockchain)
Focus on trends, not tech itself
71. Tips for incumbents
Don’t undervalue disruptive tech (i.e. Blockchain)
Focus on trends, not tech itself
Focus on new business models, not self improvement
72. Tips for incumbents
Don’t undervalue disruptive tech (i.e. Blockchain)
Focus on trends, not tech itself
Focus on new business models, not self improvement
CVC isn’t just about ROI
73. Tips for incumbents
Don’t undervalue disruptive tech (i.e. Blockchain)
Focus on trends, not tech itself
Focus on new business models, not self improvement
CVC isn’t just about ROI
Begin working with Venture Builders
77. Venture Capital problems
Loans instead of investments
No real VC partners but employees
Draconian term sheets
Small funds
Lack of serial entrepreneurs