+5

Too many pseudo startup (grantprenuer, SMEs without ambitions, money-money-money business).

Wong Wei Loon 10 years ago 0
This may sound harsh, but I hope I can avoid it. Business that rely on grants and packaged as startup, a lot of it in all types of programme. SMEs that without ambitions or the right scale, join in the name or labeled as such. Money-money-money business that only intend to earn more money.

Guys/gals, these are all serious distortions for perception, valuation and labeling. Please let not the reputation of startups, the place where scalability and learning are important, being degenerated into A) a money making machine without passion or vision; B) A risky gambling casino (true startup minimize risk) that generate bad mouth; C) Generic medicine that aren't useful of whatsoever.