Entries tagged as entrepreneur
Friday, March 30. 2007
Do You Need MBA?
Thinking of web business startup but not confident of
your academic education as Mekong Capital prefers
entrepreneur wannabes with MBA degree (my earlier post)? No worry, yesterday Forbes
featured an
article: Do M.B.A.s Make Better
Entrepreneurs? Looking into some recent successful Chinese
entrepreneurs: Alibaba.com' Jack Ma, Focus
Media's Ja
son Jiang, Baidu' Robin Li, NetEase's William Ding,
Tencent's Pony
Ma - no MBA. Go ahead Vietnamese
entrepreneurs 2.0.
Posted by Jason
at
12:31
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Defined tags for this entry: entrepreneur, startup
Monday, March 26. 2007
The $20 Million Challenge
Early 2007 Mekong
Capital Vietnam launched $20
million challenge -Thách thức $20 triệu competition. It
is truly a business plan competition even it is stated beyond
that. The priority categories are distribution of branded consumer
products, retails, franchise and no mention of web services. This
implies Mekong Capital would not join Vina
Capital DFJ and IDGVV on tech
VC battle ground. Young tech entrepreneurs rather digg into CNN Business 2.0 feature as Mekong Capital does not favor
tech savvy guys under 25 and have no MBA diploma. The 22 year old Mark
Zuckerberg with his Facebook
could reach $1 billion. Vietnamese Phùng Tiến Công started nhacso.net with FPT Music in 2005 at 24 years old. As my
earlier post, if you have a good concept and dream team just
start and VC should come along. Competitions and gameshows can make an
American Idol and The Apprentice but not a
Simon Fuller and
Donald
Trump.
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