Archive for the ‘General’ Category

YEOLSIMHI haeyo

NYT: The Thirst for Learning

YEOLSIMHI haeyo, Koreans say. Work hard. The phrase is spoken endlessly and serves both as a rallying call and a reminder that no one likes whiners. And no matter how hard a student is working, he or she can always work harder – or so goes the theory.

While I’m not a huge fan of the idea that a prep school starts at 7.40am and goes on right until 10.20pm, it is amazing to see the progress that South Korea has had in the past few decades. They’ve grown their GDP per capita almost three times over Malaysia’s, and it was only in the 80’s that they were still looking up towards Malaysia as a success story.

Remember to always take yourself and whomever is teaching you/speaking to you seriously. 

Just this week, I received feedback at a meeting and changed some slides for the next day’s presentation. The audience was impressed that I didn’t just say I’d take the feedback, but I acted on it by doing the necessary research in a limited timeframe. 

Remember to care. And be great.

On being vulnerable

FT: Time to open up at the office.

Vulnerability means opening yourself to hurt. And as hurt is something that hurts, opening yourself to it is something best avoided.

To risk getting hurt is brave. To act invulnerable is not.

The single most important difference between people who can connect and those who can’t is their willingness to be vulnerable.

Leaves me a lot to think about. I generally believe in having tall walls. Time to follow the work of Brené Brown clearly. 

Videos: The Power of Vulnerability, Listening to Shame.

Jurisdiction, Internet law & alvivi

Rais Yatim is at it again:

Speaking to reporters yesterday on the sidelines of an event, Dr Rais said, “We have legal redress under Section 233 and 263 of the Communications and Multimedia Act. But we would rather not use that first until and unless we get the results of what the Singaporean authorities are pursuing first.”

legal redress. i’m beginning to wonder, where does Malaysian jurisdiction fall when it comes to the Internet?

the alvivi blog was hosted on tumblr. last I checked, tumblr was not a malaysian company & has no presence in malaysia (this is quite unlike blogspot & google). tumblr is unlikely in singapore too. do malaysian or singaporean internet laws apply? can the communications & multimedia act 1998 be used just because these two are malaysian?!?

so what is alvin tan & vivian lee guilty of? recording videos of their sexual escapades. what’s wrong with that? content is king, and if they’re producing useful content, so be it. no one forces you to watch, or read, or be nosey, so you really can switch channels.

singapore isn’t jumping on this yet. they’re letting the university (nus) deal with the matter first. how is this the problem of the university? maybe its because at least one of them has a scholarship. universities shouldn’t dictate what students choose to do with their lives.

i’m not alone in thinking this is their business. after all with the billions of pages on the internet, there really isn’t much reason for people to cry afoul.

alvin is an entrepreneur at heart. i’m glad they’ve posted a response (seems vivian doesn’t do much talking).

they are after all collecting email addresses to build a mailing list. i’m old enough to remember jennicam. lifecasting is not a new idea either (iJustine, justin.tv, etc.). imagine jennicam meets kink? there’s great production value here (of course, i have to admit i’ve not seen the content as the blog has been taken offline; but to get such traction, clearly it must be good to a selection of people). alvivi can clearly become a brand. 

obscenity laws? random acts? lets not curtail on the right to freedom of expression. remember, if you don’t like it, don’t view it.

Why the mini iPad?

Edwin Yapp thinks about why Apple would introduce a mini iPad. The thinking for me is simple:

  1. I almost exclusively use my Nexus 7 tablet now for everything. This includes surfing the Internet, reading books on the Kindle app, and more.
  2. The only thing it isn’t so good for at the moment is watching movies which I do on the plane (which I tend to be on a lot). And consuming video podcasts is definitely an issue since there is no iTunes syncing.
  3. The storage size isn’t so hot either – at 16GB I cannot load it up with a lot of movies like I can on my 64GB iPad.
  4. It is cheap. Replacing a USD$250+ device is much easier after 2 years than replacing a USD$700+ device when the software on it becomes obsolete.

Resolution size probably plays a huge role. I lug a 15″ MacBook Pro around now, because I’ve always been using 15″ laptops since the days of the PowerBook. Its simply because of the resolution: 1440×900. Today I’m thinking about a 13″ MacBook Air because its lighter and it also supports the 1440×900 resolution. Going from 15″ -> 13″ is a smaller screen size with the same screen real estate. 

I expect that with all these HD/retina displays, you can just fit more onto a smaller screen size.

Many have assumed that iOS developers only focus on developing for 2 sizes which is untrue. 480×320, 960×640, and now 1136×640 just for the iPhones/iPod Touches. Then there’s the iPad’s at 1024×768 & 2048×1536. Why not get a third? :-)

A 7″ iPad that syncs with iTunes, has more space than 16GB (maybe 32GB is the middle ground that I should probably grab), with a good resolution – its something I could definitely consider. Have to figure out how to watch movies on a smaller screen though…

The link between Yahoo!, Microsoft, Facebook, Nokia

Written 23 July 2012, but for some reason it never got posted. Better late than never I guess.

I tweeted (17 July 2012, 4:40am UTC+8): 

There’s an interesting link between Yahoo!, Microsoft, Bing, Facebook and Nokia. The bigger picture is competition against Google, Apple

This was literally moments after the news broke that Marissa Mayer resigned from Google to become the CEO of Yahoo!. I thought I’d expand on this link that I see.

Search is today not something that Yahoo! cares about. Its served by Bing from Microsoft. Bing is also the default on Windows Phone, the operating system that Nokia has taken a bet on (when in the USA, I use a Lumia Windows Phone and cannot complain). Search on Facebook is also powered by Bing thanks to a deal that Microsoft has with Facebook. Bing is a strong contender to Google’s search, and this space is clearly still getting investment (see how DuckDuckGo recently got VC funding too).

Yahoo! has mail that is very popular (it might still be the most popular out there). Microsoft has Hotmail. Facebook has “Facebook messages”. Nokia canned Ovi mail services. Yahoo!, Microsoft Messenger and Facebook Messenger also has instant messenger (IM) capabilities. Imagine a day when they all interconnect? It would be a straight fight against Google Chat.

Picasa is Google’s photo sharing site. Today the stream might be Google+. Yahoo! still has Flickr which is the Picasa equivalent, and for streaming? Imagine if there was a quick link to Facebook. Nokia can build in sharing to Flickr and Facebook quickly from their phones (they already have been doing this from time-to-time between phone releases including their MeeGo stint).

Videos seem to be missing from this big picture. Google has YouTube, and the rest of them have nothing with the exception of Facebook.

Maps? Nokia has got great mapping technology loaded on the Windows phone. It can supply this quite easily to everyone.

I haven’t once mentioned Apple yet. They use other search engines (and maybe the longer term strategy is something like what the Dolphin browser does: use Siri to search multiple search engines and aggregate the results so the user has no idea what search engine is being used). They have their own messenger service in iMessages. They have their own photo & video storage site – the iCloud. For maps, they are using OpenStreetMaps after having ditched Google Maps. I see Apple building their own ecosystem and going it alone.

What about developer appeal? I see many a developer hacking on a Mac OS X laptop or a Linux laptop. With the Apple ecosystem, it is obvious to develop on OSX. With the Google Android ecosystem and the rest of their toolkit, its clear you can be OS-agnostic (they support Mac, Linux, Windows). With the Microsoft/Nokia ecosystem? It seems like you need a Windows box, and that automatically turns me away quite quickly (though upcoming HTML5/CSS/JavaScript will allow more development on this platform, in an OS-agnostic sense). Facebook is OS-agnostic too.

It is an exciting time ahead. All of this is great for consumers! Ecosystems are a building and it is awesome to see alliances being built

Tax incentives for angel investors in Malaysia

Today there were some incentives for angel investors announced in Malaysia as part of Budget 2013.

Who qualifies as an angel investor? Your annual income must exceed RM180,000 per annum and you must be a tax resident to qualify for the deduction.

What do you get? Total investment as an angel will be allowed as a deduction against all income.

When is this valid? From Jan 1 2013 to Dec 31 2017, and you need to apply via the Ministry of Finance.

Some details: as an angel, you must hold at least 30% of the shares in the company you’re investing in for 2 years, and you must pay up for the shares in cash. The company needs to have at least 51% Malaysian ownership.

What do I think?

Quite simply, the qualification income is something I see some people complain about, but this is similar to what America calls an accredited investor. I have no issue with the RM180,000/annum income. Feel free to hit up all those people you know with Visa Infinite, World MasterCard, Premier banking, etc. ;-)

Application via the Ministry of Finance (MoF) seems a little dodgy. The potential of red tape here is high. This is definitely a turn-off.

Does this benefit startups? Angel investors shouldn’t be making a 30% investment in a company. It is ridiculous. Consider giving away 20% of the company in an angel round, sure, but with just one angel walking away with 30% of the shares for 2 years?!?

Angels in Malaysia typically make RM20-50k investments (for up to 20% on the high side from what I’ve gathered). Very rarely do they hit the RM100k mark. Most accelerators are taking up an average of 6-8% for about RM15-18k investment already for 3 founders.

Startup founders are also not going to want to give away 30% of the company for a small sum of money. Many believe they are worth more. I guess you have to thank the media hype cycle for this.

Alas, it is a good start for Malaysia to be looking out for such things. Possibility to help boost the startup ecosystem.

Update: I thought about this a little more and realised that I applied a very myopic view to this piece. Reason is simple: I focus on tech startups & the angels that go with them. In this day and age, software (be it mobile or web-based) doesn’t take much in terms of cash to prove yourself. In other industries like manufacturing, biotechnology, film making, etc. you might look at much higher investments for 30% or more, but it isn’t something I know much about.


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