Wednesday, November 18, 2009

VC plants seed in newbies

Article taken from theStar online dated November 18th 2009

A VC or Venture Capital is a type of private equity which aids companies or organisations in their early stages. A VC would normally aid these organisations with cash funds, with the return of holding a share in the company they aided. VCs also do not only choose any random company. They prefer companies involved with high technology such as biotech and ICT.

Recently in Kuala Lumpur, a number or 20 start-up companies has been highlighted by the VCs during the 6th MSC Malaysia Innotech event. These companies are among the top growing company in the technology industry. The purpose for the investments of VCs in these types of companies is to ensure the growth on technology in Malaysia.
Hence, with the growth of technology, we are able to connect even more efficiently with the whole world. Not only that, any industries in Malaysia will soon be better.



In my opinion, with these aids, Malaysia will not only be improved biotechnical-wise, but also in business, entertainment and the media industry.

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