Lessons Learned from Asia

In researching the online and mobile worlds of virtual goods and avatars, I came across this interesting presentation by a consulting firm called +8* (Plus Eight Star) on Slideshare. It’s amazing how many things have been pioneered by those countries (largely Korea and Japan) that took so long to make it to the US.

I particularly like the reference to South Park.

Cleantech VCs ready for 2008

According to the National Venture Capital Association (NVCA), VCs are going to continue to pour money into Cleantech areas beyond solar and biofuels. There will be consolidation, more venture-backed IPOs and an eventual over-valuation of the sector. See the NVCA Report.

Will the sector really become over-valued though? With global demand increasing everyday from the emerging market – notably the drastic increases seen in the middle classes of India and China – it is very hard to state exactly where an upper boundary exists. Growth these days is not limited to the US, but it is measured in a global framework that is only beginning to be defined by newer business trends and strategies.

Global warming and energy reserves continue to be an issue that becomes more evident everyday. Until realizable change is evident, the cleantech market will continue to grow and expand at obscene CAGRs. We are only at the dawn of a new era in renewable energy and cleantech; hang on for the ride.

Indian Billionaires

There are 946 billionaires in the world, that’s a lot. As far as developing nations are concerned, China is projected to boom before India. But, interestingly, India leads Asia billionaire club with 36 billionaires; comparatively Japan has 24 and together Hong Kong and China have 41. In today’s economy, those with money – make lots more of it!

A problem in Canada is that there aren’t enough High Net Worth individuals backing venture funds to infuse capital into start-ups and growing companies. In the US, there isn’t that same problem; in California there is over US $13 billion in venture funding to businesses and much of it originally came from those high net worth individuals.

So … what does this mean for Chindia? Well, if these billionaires setup more venture funds in India, my bet is that you will start to see a lot of high-tech companies emerge and compete internationally to fuel the Indian economy. Will China be left in the dust?