@SiliconStraits #MekongTIGERS #HCMC #techtalks

Observations at the Intersectionof Ideas, Talent & Capital

James Chan / @m0t0chanFounder & CEO, Silicon Straits

29 August 2013

10minutes

Engineer by trainingSocial engineerInvestorEntrepreneurGeekPhotographerFather & Husband

Carnegie MellonStanfordSilicon ValleyMIT Media Lab

Infocomm Development AuthorityInfocomm InvestmentsWalden InternationalNeoteny LabsSilicon StraitsSilicon Straits Saigon

USA is the undisputed leader of startup ecosystems in the world.

Pro-talent, university excellence, vibrant community

It takes decades and generations of entrepreneurs to get to where it is today.

Defense → Semiconductors → Web → Social/Cloud → ?

http://www.avc.com/a_vc/2009/11/startup-ecosystems-take-time.html

“...new startup ecosystems developing in Europe, Asia and elsewhere. It can happen and it will happen. But it takes time. And you can’t fast forward because we are talking about experience which can’t be manufactured. You simply have to put in the time.”

Sure, let’s give it time. BUT it doesn’t mean the rest of the world needs to sit on our hands.

Turn on, boot up, jack in.

→ →

co-working spaces

fabrication labs

maker movement

angel investment networks

venture debt grassroots community movements

equity-matching initiatives

“bridge-building” de-regulation

talent attraction

education

pay it forward evangelism

media research fundingnon-dilutive grants

SAIGON

UEN: 201005970E

Ideas

Capital Talent

CO.LAB

NETWORK

Our own ideas

Other people/companies’ ideas

Entrepreneurs

Designers

Engineers

ProductManagers

Advisors

Our own $

Other people’s $

Government $

This is how I view startup ecosystems.

Intersection!

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Accelerating startup ecosystems in emerging markets aren’t that different from pitching tents.

All or most poles need to go upat about the same time, but that’s hard...

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The right mix of “Patient” & “Impatient”Capital is needed.

That’s hard to juggle well too.

V.S.

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The right mix of “Patient” & “Impatient”Capital is needed.

That’s hard to juggle well too.

V.S.

Patient Capital Impatient Capital

+ Angels

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I can’t change the world, butI can change the environment I’m in.

Embrace serendipity & neoteny.Amplify positive deviance.

Silicon Straits is building a better platform for designers,engineers & entrepreneurs to get together, be

inspired, make things and start/grow companies.

venture capital, incubation & advisory software foundry co-working &

business services

Design + UI/UXRoR, iOS, Android

CO.LAB

2,000 sq ftBlk 71@Singapore

SAIGON

invest in teams of entrepreneurs, engineers & designers and value-add

for growth/scale

help entrepreneurs, engineers & designers bring ideas into reality

location for entrepreneurs, engineers & designers to work & play

UEN: 201005970E

US$5M seed fund;24 investments from 2010 to 2012 in US & Asia Pacific

NRF TIS incubator; S$100K investment matched with S$500K for S$600K in total

NETWORK

“Man is by nature a social animal. Society is something that precedes the individual.”

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Building better startup ecosystems begin with the spaces we work in.

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Idea: Startup ecosystem vivarium, at the building-scale

1st FloorRetail, F&B, informal “watering hole” - i.e. artisanal coffee, local hole-in-the-wall, groceries, product/services showcase

Virtual office concierge,co-working, events venue - business support, get work done, formal meetings

Co-working, fabrication lab - get work done, hardware prototyping

1* or 2* motel - for out-of-city entrepreneurs

2nd Floor

3rd Floor

4th Floor

6th Floor and above

Startup offices - private office spaces for more established companies5th Floor

Incubators & investor offices - people who hand out $ and add value

Perfect model for public-private partnership

Now, imagine a network of them across a diverse region with human

& capital flow between them.

Silicon Straits is an innovation tribe in Asia Pacific.Tech distribution, sales, product marketing; US, Asia Pacific; SiS Int’l market cap US$100M

F&B (Thai Express), e-commerce, gaming; Singapore, Southeast Asia; S$100M cash exit

E-commerce; Japan, emerging markets; Netprice mkt cap US$70M

IT services, angel investment; India; 1 of 3 co-founders that sold Kanbay for US$1.25B to CapGemini

Hyper-connector; US, Japan, Middle East; Director, MIT Media Lab

CO.LAB

co-working members, event participants, tech community

SAIGON24-strong web/mobile development team in Ho Chi Minh City

NETWORK

25 investments across North America, Europe and Asia Pacific

30+ investors from US, Japan, Singapore, Middle East and Europe

CTO COO

Like the internet, “small pieces loosely joined”,a collection of like-minded individuals

It’s a long and often lonely journey, but it’s most important that we’re on that path and lovin’ it.

Join our tribe, drop us a note,start your (journey) today.

Positive devianceCross-programming in real estate development with startup ecosystem spin

Embrace & celebrate failure

Skew the opportunity costs Pay it forward V.S. Nepotism

Socially engineering a

startup culture

Exited founders with liquidity jump-starting

virtuous cycle by giving back

At theconvergence of design, hardware & software

Building bridges across the region

Public private partnership (PPP)

www.siliconstraits.com

@siliconstraits

james@siliconstraits.com

71 Ayer Rajah Crescent, #06-11/12, Singapore 139951

147 Ton Dat Tien Street, Tan Phong Ward, District 7, Ho Chi Minh City

@m0t0chan

Thank You!

www.facebook.com/siliconstraits

Level 25 North Tower, One Raffles Quay, Singapore 048583