Ex-ETPL staff turned veteran entrepreneur returns for Venture Co-Creation (VCC) with ETPL
Yeo shows Singapore’s Minister of Finance Heng Swee Keat Sentient.io, one of the first co-creations of ETPL and Origgin
This is an extract from the original article "From math-hater to programmer and veteran technopreneur” posted on Tech In Asia on 2 Oct 2017.
2 October 2017 - Together with 2 ETPL staff, Christopher Yeo, founder and CEO of AI startup Sentient.io., is now back as one of the trio to run the VCC framework.
While startups are usually created before entrepreneurs seek investors or a CTO, the VCC framework matches promising pre-seed technologies with entrepreneurs and investors even before new startups are created.
Yeo thinks the VCC model is more proactive compared to the conventional method, as it “match-makes” entrepreneurial teams with partners and investors, and also helps these startups get a foot into regional markets.
While venture capitalists usually just cherry-pick, VCCs go out, do market research, and identify gaps in the market, go-to markets, and investors. They even round up the potential startup founders.
“Venture capitalists scour around and find what they can get deals for. We’re creating the deal itself,” Yeo says.
Eventually, Yeo aims to link startup founders to overseas markets, investors, and clients through the VCC framework.
Yeo hopes to “create a more informal community of startups that can work together, get projects together, and cross-license technology together.”
They’re looking long-term, where startups last for ten to fifteen years, get traction, and establish a global reach.
For the full article "From math-hater to programmer and veteran technopreneur”, click here .