IT is always good to take two steps back from whatever we are usually caught up in and take a holistic view of everything that is going on. Hopefully, we will see some patterns that we could not when absorbed in the nitty-gritty of daily deadlines. But for those of you who are interested in […]
Week in Review: Leveraging public funds to raise private money Read More »
EIGHTEEN months after launching a pre-seed fund, thanks to US$1.6 million (RM5 million) in funding from the Malaysian Government, Bikesh Lakhmichand has returned the unused portion of the money back to the Ministry of Finance. He is now running 1337 Ventures Sdn Bhd and the accompanying 1337 Accelerator as a privately-run initiative, having successfully raised
1337 Ventures pivots from public to private funding Read More »
1337 VENTURES, in partnership with the Multimedia Development Corporation (MDeC), has announced its second Alpha Startups pre-accelerator programme in Malaysia, formed to help early stage startups get from raw idea to validated minimum viable product (MVP). Alpha Startups is a five-day intensive bootcamp where selected teams of entrepreneurs, developers and designers get to test and
Second Alpha Startups pre-accelerator semester to kick off Read More »
At Echelon 2014, we had people coming over from different parts of the world. It was highly edifying to get to know them and the places they hail from. Seeing a large number of participants from our neighbour, Malaysia, piqued our interest to know how it is to be a startup in the country. We
Echelon 2014: A sneak peek at the Malaysian startup scene Read More »
IF you’re building a product or have an idea for one, finding out if people would be willing to pay you money for it in the first place seems to be the logical first step. Makes sense, doesn’t it? And you’d think it would be obvious to any budding entrepreneur, for why waste time and
Early market validation is a must for startups Read More »
If YOU are building a product or have an idea for one, finding out if people will pay you money for it in the first place seems to be the logical first step. Makes sense doesn’t it? Why waste time and money creating something that no one actually wants? But as it turns out, the
Getting funding doesn’t mean an idea is workable Read More »
Accelerators such as JFDI or HaxAsia in Singapore, SparkLabs in Korea and Movida in Japan have had much success in growing startups into fruits that are viable for harvest by early-stage investors. However, the selection pool for each accelerator is large, and not all startups are able to benefit from the intensive training. In fact, JFDI has an
Good news! 1337 Ventures has a pre-accelerator programme for startups Read More »
Accelerators often receive applications numbering in the hundreds (or even thousands) from aspiring startups. Unfortunately, while a tiny percentage of them make it through, the majority tend to fumble and trip up over their pitches. According to Bikesh Lakhmichand, CEO of 1337 Ventures, early stage startups fail at this stage because they’re not getting enough
This pre-accelerator wants to help nascent Malaysian startups cross the 1st hurdle Read More »
THOSE aspiring to become entrepreneurs are about to get a big boost with the launch of the Alpha Startups pre-Âaccelerator programme put together by 1337 Ventures in partnership with national ICT custodian Multimedia Development Corporation (MDeC). Saying that he was frustrated and exasperated at the manner in which many first-time entrepreneurs “fall flat on their
1337 launches Malaysia’s first pre-Âaccelerator programme Read More »
THOSE aspiring to become entrepreneurs are about to get a big boost with the launch of the Alpha Startups pre-Âaccelerator programme put together by 1337 Ventures in partnership with national ICT custodian Multimedia Development Corporation (MDeC). Saying that he was frustrated and exasperated at the manner in which many first-time entrepreneurs “fall flat on their
1337 to match-make startups with GLCs in new programme Read More »