KUALA LUMPUR: Malaysian entrepreneurs need to start small, think big and move fast to evolve with current trends in the world of venture capitals, startups and new entrepreneurs. US-based IBM Venture Capital Group’s software strategy director Deborah Magid said a lack of confidence and networking, as well as sharing of information, had impeded growth of new startups among Malaysian technology entrepreneurs. "The gender bias facing women entrepreneurs, as well as a reluctance to build a strong network in information sharing, has also been a major constraint in the growth of new technology entrepreneurs in Malaysia," she told a group of selected media here recently. She was speaking during her presentation on "The Next New Thing: Disruptions In the World of Venture Capitals and Startups", organised by the Malaysian Global Innovation and Creativity Centre (MAGIC). In the Asian market, she said, new emerging boutique businesses are in the areas of transport, finance and food delivery.

Source: New Strait Times November 06, 2016 09:12 UTC