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 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 MoreCradle’s Programme Briefing: League of Extraordinary Developers Challenge 2008 (LED Challenge)
During this event, you will learn everything you need to know about the LED Challenge and how you can leverage on Celcom’s Mobility Solutions Platform (MSP) and Cradle’s entrepreneurship funding in this contest. The industry experts from Microsoft and Cradle Fund will be there to share with you how you can make the most out of the contest, and to realize your true potential.
Date:
22nd Sep 2008 – 25th Sep 2008
Time:
12.00 pm – 4.30 pm
Venue:
Hotel Maya, Jalan Ampang
Agenda:
12.00 pm
Registration
12.30 pm
Welcome Address by Celcom
12.45 pm
Platform Technology Framework
01.45 pm
Introduction to Cradle Investment Programme
02.45 pm
Tea Break
03.00 pm
Software Development LifeCycle
03.45 pm
Challenge Now!
04.00 pm
End
To register for the event, kindly RSVP the date that you choose to attend to developerleague@celcom.com.my.
Seats are limited, so hurry and sign up now! We look forward to seeing you there!
For more info on The LED Challenge, log-on to http://developerleague.celcom.com.my
