Vincent Tan wows start-ups at Disrupt
He may be 60, but Vincent Tan says he ‘understands the distance’ Internet investments have cost him around RM290mil however yielded a RM1.3bil valuation ACCORDING to a Berjaya Group worker who saw Tan Sri Vincent Tan in motion, the billionaire founding father of the Group turned into in “top shape” in the course of his look as a unique panelist at the DNA-TeAM Disrupt networking consultation currently. Indeed Tan regaled the target audience with anecdotes, spoke approximately how they [him and MOL head honcho Ganesh Kumar Bangah] slashed the losses of Friendster from US$10 million to US$1 million with the aid of slicing out the operations in excessive price locations, then brought a severe feel of gravity to the occasion through sharing his fear over the monetary impact the poor exceptional of English will have on nowadays’s graduating personnel and on the destiny competitiveness of Malaysia. “Terrible” and “pathetic” is how he describes the level these days, expressing his p...