StartupX
Early-stage founders in Singapore still are unable to identify real-world business problems their startups want to solve. This can hinder their ability to attract funds, especially in a region where investors typically are more cautious about digging into their pockets.
Asked about common mistakes Singapore startups make, StartupX’s founder and CEO Durwin Ho noted that many lacked clarity about what their touted solution aimed to resolve. This problem was evident even amongst founders who were seasoned industry professionals, Ho said in an interview with ZDNet.
“Success is personal and it looks different for everyone.” This perspective led Joyce TAY (Statistics 2010) to take the leap of faith from a corporate career to the unknowns of entrepreneurship. She co-founded StartupX, an innovation and venture enabler in 2018, and has not looked back since.
This is how we failed, and then realised it gave us what we needed to succeed.
Marcus Tan credits his mother for giving him the courage to take the leap with Carousell. After working for a year as a business development consultant at tech company Oracle, Tan, along with two other self-proclaimed computer geeks, decided to create an e-commerce platform for buying and selling of new and secondhand goods. “She was […]