It takes the average reader 2 hours and 55 minutes to read Technopreneurship Financing and Startups Ecosystem by Jamal Nassar
Assuming a reading speed of 250 words per minute. Learn more
As Malaysia embarks on the journey to become a high-income, knowledge base country, Jamal Nassar's book, Technopreneurship Financing and Startup Eco-System, provides an important reference reading for government officials, venture capitalist, corporates, founders, etc., and must read for universities, students, etc., interested in contributing to the building out of digital economy aspirations. For viewing startups, its important to understand the difference between iteration ('repetition of a function'), innovation ('something new or to a change made to an existing product, idea, or field') and disruption ('significantly alter the way businesses or entire industries operate').To appreciate the road ahead, one must review the starting point, and Mr Nassar's provides a historical context of the multi-ethnic (including ethnicity and motivation/risk taking), racial and religious country and, importantly, linkage with number of scholarly/academic studies on innovation, entrepreneurship and technology, from Ibn Khaldun to Joseph Schumpeter, is appreciated. Although sampling size is acknowledged small and shallow, the 'guts' of the book are the interviews and connectivity to the attributes of a start eco-system within the context of Malay culture, ethnicity, and diversity. This section is the matrix blue-print 'to do-list' for the above-mentioned stakeholders, where vital issues of access to funding (seeds for start-up), markets/partnerships (scaling), mentoring/accelerators (developing soft skills), etc., are discussed in colorful details. It must not be forgotten that VC investing is about returns, as may be 66% to 75% of portfolio company investments will fail, even amongst Silicon Valley VC funds, but there will be 5X (ponies), 10X (horses) and 20X+ (unicorns) returns from the few, hence, calculated risk-based investing worth the returns. Important segway to Islamic finance. The coverage on Islamic finance and funding start-up ecosystem is 'light,' a proxy for the state of the situation, where there is more hype and less delivery...plus an unsettling (preliminary?) conclusion that the 'risk sharing' element (of Islamic finance) is deterrence to providing risk/growth capital for (early stages of) the start-up eco-system. Though, Islamic finance is more comfortable at Series B/C and beyond, where much of risks associated with product (MVP firmly established), operational (process and people in place), market (addressable market confirmed and CAC is manageable), etc., are reduced/contained. At this stage, its more Islamic PE than Islamic VC. Thus, the book addresses, three most important questions would-be entrepreneurs must ask themselves: (1) do I have what it takes to be a founder of a startup; (2) do I understand the process from startup to scale-up, as book emphasis on universities as important stakeholder in start-up ecosystem, is the Islamic University relevant, feeder of educated Islamic entrepreneurs, for the Islamic digital economy aspirations?; and (3) what are venture investors looking for in entrepreneurs (or founders) and the business model?Rushdi SiddiquiMentor - Islamic Economy StartupsQUEST VENTURES
Technopreneurship Financing and Startups Ecosystem by Jamal Nassar is 169 pages long, and a total of 43,771 words.
This makes it 57% the length of the average book. It also has 53% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 59 minutes to read Technopreneurship Financing and Startups Ecosystem aloud.
Technopreneurship Financing and Startups Ecosystem is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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