“Be a men­tal midget and kick ass,” he said, advis­ing - TopicsExpress

“Be a men­tal midget and kick ass,” he said, advis­ing against exe­cut­ing on anoth­er “crazy’ social media start­up or attempt­ing moon­shot ideas like 3D print­ers or Google Glass, endeav­ors which are poten­tial­ly world-changing but carry spec­tac­u­lar risk. A more real­is­tic path to suc­cess would involve rein­vent­ing web 1.0 busi­ness­es by adding web 2.0 ele­ments like search and social, then acquir­ing cus­tomers and rev­enue. Although bor­ing, niche-specific, and not headline-grabbing, these star­tups have the best chance of bring­ing Asia’s ecosys­tem to a new level of matu­ri­ty by cre­at­ing a cycle of exits and ser­i­al entre­pre­neur­ship.

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