Responds from Virtuous Investment Circle for RM 500 Application Charges
TweetSince the outrage by some of the entrepreneurs about the model Virtuous Investment Circle (ViC) choose to operate by having a RM 500 application fees. Christy Lee, the Executive Director of ViC responded with the blog post below. Christy who is formerly a VC from MAVCAP is the only full time staff for ViC and her responsibilities include operations of the organization and filtering the applications to be pass to the investors.
Read MoreThis Week in Asia Episode 65: Craig White from MIH Group
TweetWe have often talked about the success of TenCent and QQ in Asia. Inside their history, MIH Group, a division of Naspers, is one of their investors and owns 38% of TenCent in China. So, we have invited Craig White, CEO of MIH Group, a division of Naspers to join us in the TWIA virtual studio. Probably our most stellar guest so far, Craig shares his thoughts on the story on how MIH invested in TenCent, E-Commerce in Asia and also a bunch of companies in Southeast Asia, BuzzCity and Lelong that they have invested.
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Read MorePay RM 500 and You May Get Funded
TweetCharging entrepreneurs to pitch to VC is an absurd thing. With the recent Jason Calacanis’ Jihad over such acts in the States, the phenomenal of VC and Angel who charge exorbitant fees for startups to pitch to them have finally arrive in Malaysia.
The Virtuous Investment Circle (ViC) was set up on 4th August as one of Malaysia pioneering Angel investment group. According to their site, “ViC is a non-profit organisation passionate about creating a vibrant ecosystem for angel investing in Malaysia.”
Read MoreFollow Friday: Malaysian Entrepreneurs to Follow on Twitter
TweetTwitter is such a big thing in Malaysia that our very own Prime Minister @najibrazak been advocating its benefits. As an avid Twitter user himself, he has around 31 thousands followers and updated his status 1024 times as of this article.
As one of his more recent update states there are 9 Malaysian firms who are listed under the Forbes Best Under A Billion, we shall look at some entrepreneurs and business tycoons in Malaysia that you should follow on twitter.
Read MoreYouthSays launches new Groupon clone
TweetIt sounds like local chocolate chip cookie brand and it have 2 deals for far, Groupsmore is YouthSays, latest push to monazite its community of survey taking youth.
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