• 23:58 nice bro. im at SMU for the InventSingapore event. :) u be here till when? wanna catch Pool match tmr? RT @zhiQ: going to #e27echelon @E27sg #
• 00:02 Am the 1st to arrive at SMU Sch of Acct for the InventSingapore.Great, hv to find an adapter cuz my power plug is 2 pin! grr #
• 00:06 @Sgweather Open source is not the be all & end all. #
• 00:08 By Nov, MSFT will end MS Office 2010 Tech Preview & go into beta. They allow those who used the Tech Preview to upg to Beta. Great news! :) #
• 00:12 @zhiQ ah okie. see u online then. afternoon ill be at @triplez82 Windows 7 Social Party at Microsoft SG HQ. :) #
• 00:41 @zhiQ hehe yea. self-organised. Win7 pro & ultimate & tees for lucky draw. an ipod also. they even suggest Snow Leopard for kicks! lolx #
• 00:41 good morning justin! enjoy your weekend! :) RT @jjjap: Morning Twitterverse! :) #
• 00:48 @designsojourn rendezvous at kanchanaburi? ;) #
• 01:10 Attendees are now filling up the Ngee Ann Kongsi Auditorium at SMU Sch of Acct for #InventSg09 #
• 01:11 btw #InventSg09 is the hashtag im gonna use for the inventsingapore.com event :) #
• 01:17 out of topic but there are several eye candies at #InventSg09 hurhur #
• 01:23 I know folks rubbishes MSE(msft security essentials), Norton's offense is Quorum tech 4 unknown apps. MSFT has Spynet! Use it, b4 u slam it. #
• 01:24 err cant la - i dun hv a silent zoom camera le. :P RT @triplez82: @mhisham PICTURE!!! #
• 01:27 @designsojourn @guykawasaki you cant breakaway from habits i guess. :) #
• 01:32 @designsojourn lolx i was never there actually. my Tour Of Duty is at Brunei. :) spent a year there. #
• 01:39 Can collaborations between Govt,SMEs & individuals amount to groundbreaking fruition? #InventSg09 #
• 01:40 What are the different roles played by each party? #InventSg09 #
• 01:40 Who becomes the captain of the ship #InventSg09 #
• 01:41 Should whistleblowing intervention be encouraged? How to balance accountability & risk-taking? #InventSg09 #
• 01:42 What exit strategy should be taken when irreconcilable differences between the 3 parties start to impede progress? #InventSg09 #
• 01:47 good morning walter! @coolinsights how's the weather DownUnder? #
• 01:54 a beatboxer performing at #InventSg09 lolx :) - oh well the audience lap it up anyways :) #
• 01:56 Dr Ting, President of Fellowship of Inventors says that beatboxing helps with Sleep Apnea. cool facts! ;) #InventSg09 #
• 02:07 Dr Ting says in his opening speech, #InventSg & innovation is not hot air, but action. to translate the internalised ideas out in the open. #
• 02:09 Dr Ting says that Fellowship of Inventors is inclusive. out of 3000 ideas,3 are chosen. FOI strives to improve the 2997 rejects #InventSg09 #
• 02:12 Snr Minister of State Mr Iswaran says competition in Sg,based on cost & value, tied to innovation #InventSg09 #
• 02:16 next is Dr Gideon Tolkowsky talks abt the value of VCs.says VCs will still be ard for as long as there are needs #InventSg09 #
• 02:17 Unpolished gems requires sharp tools. #InventSg09 #
• 02:18 Exit valuations hinge on proprietary IP. IP goes beyond patents; it's a state of mind #InventSg09 #
• 02:22 Should govt stay out? Whoever provides capital has a say; it's business 101. if u dun want Govt say, dun take govt $$$ #InventSg09 #
• 02:26 Questions to ask: How to promote corporate governance/in taxpayer-supported & startup environments? #InventSg09 #
• 02:31 there are a lot of strings attached to using taxpayer money for funding #InventSg09 #
• 02:33 Role of Academia: UNIs should shed off commercial paranoia,not engage in equity games, keep commercialisation models simple #InventSg09 #
• 02:34 Role of Academia(contd): Seriously consider privatizing commercial arm #InventSg09 #
• 02:37 good point RT @zhiQ: Angel investor investing their own money; VCs investing other ppl money @DavidCohen #e27echelon #
• 02:41 Incubators: hi tech success rate, low business success rate.what gained on common overhead is lost on common mgmt #InventSg09 #
• 02:42 Incubator: "Communes" are not good breeding grounds for entrepreneurship #InventSg09 #
• 02:44 i do like the change. :) RT @willyfoo: Do you like the change to the new layout on #facebook home? #fb #
• 02:45 How to cross the "valley of death"?(from $59K/sceptical spouse to $10M+ professional funding) #InventSg09 #
• 02:47 @pinming im at a conference la. i try my best not to flood, but some gems are irresistable to share. :x #
• 02:50 10 VC Commandments: 1) No deal is too good to pass on. 2) "good enough" entrepreneurs don't make it. #InventSg09 #
• 02:53 10 VC Commandments: 3) The real good dals are those nobody wanted. So are the bad ones. #InventSg09 #
• 02:55 10 VC Commandments: 4) Never trust other people's market forecast, and certainly not your own. #InventSg09 #
• 02:56 10 VC Commandments: 5) No good use will ever be made of money invested beyond what the entrepreneur asked for. #InvestSg09 #
• 02:58 10 VC Commandments: 6) Constantly seek news from mgmt, no news is bad news. 7) lend ear to mgmt, tis is most value VC can give #InventSg0 9 #
• 03:00 10 VC Commandments:8) ultimate goal as hands-on investor is to make yourself redundant.9) Walking spreadsheets dun make good VCs #InventSg09 #
• 03:03 10 VC Commandments: 10) Posterity will judge you by your IRR , not by your designer shirts. #InventSg09 #
• 03:06 10 StartUp points:1)leadership makes the world go round. team up with leaders.2) theres no such things at overqualified employee #InventSg09 #
• 03:10 10 Startup Points:3)Most important No. 2 person in a startup is the CFO.4)If in doubt ifneedto spend money on field trips,DO IT! #InvestSg09 #
• 03:13 10 StartUp Points:5)Targ et your first product to the high-end market.6)Manage R&D by deadlines,not by product specs #InventSg09 #
• 03:16 10 Startup Points:7) Dun bother to develop a product with under 75% profit marginargument that COGS of software is zero is false #InventSg09 #
• 03:18 10 Startup Points:8)The time value of money is infinite.$1 today >> $2 tmr.9)Happiness is a positive cashflow.Strive to be happy #InvestSg09 #
• 03:22 10 Startup Points: 10) if it takes a genius to run your business - CHANGE the business #InventSg09. Session Break,BBL for Panel Discussion #
• 03:45 @pragmaJoe i suppose it does, in which context would yo u be referring to anyways. #
• 03:47 #InvestSg09: Panel Discussion, Chair Prof Desai(SMU). Spkr Dr Ting(Pres FOI) Spkr Dr Gideon Tolkowsky(VC) Spkr Mr Tan Kai Hoe(Spring Sg) #
• 03:51 Placed my phone on the panelist table to record down everything said so as not to miss out on critical info. #InventSg09 #
• 03:53 an ideal investor is someone who walks the road with the entrepreneur - Dr Ting. #InventSg09 #
• 03:55 Encourage entrepreneurs to open up to the world, to go international - Dr Gideon #InventSg09 #
• 03:56 @groovygenie its in offline mode, no a larms set. no worries man. all thought out. u can say ive done this b4 la :) #
• 03:58 Prof Desai open to the floor. Question: as a student have an idea, how to get to development stage to funding stage #InvestSg09 #
• 03:58 Prof Desai open to the floor. Question: as a student have an idea, how to get to development stage to funding stage #InventSg09 #
• 03:59 keep mixing up invent with invest - just because funding is on the topic. lolx :P #
• 04:00 Reply from Dr Ting - most important is to first prepare a proof of concept, then it is a question of finding the right person #InventSg09 #
• 04:02 f urther reply - Dr Ting says - can refer to school mgmt, but 1st ask yourself if its a genuine idea & if u can follow through #InventSg09 #
• 04:04 reply from Mr Tan - theres a number of selfhelp avenues. He recommend business.gov.sg and Spring website #InventSg09 #
• 04:04 #InventSg09 Panel Discussion, Chair Prof Desai(SMU). Spkr Dr Ting(Pres FOI) Spkr Dr Gideon Tolkowsky(VC) Spkr Mr Tan Kai Hoe(Spring Sg) #
• 04:06 Reply from Dr Gideon - instead of inventing or following up on ideas, try to find a space where you can create value #InventSg09 #
• 04:09 additional plug from Dr Ting about his Fellowship of Inventors - ow.ly/wiO3 #InventSg0 9 - provides advice on development/funding etc #
• 04:11 Prof Desai: Building a Proof of Concept can be daunting. How do you go about it? #InventSg09 #
• 04:11 Reply to Prof Desai from Dr Gideon - Go out and meet your clients and find out their requirements. #InventSg09 #
• 04:17 need to see the market for clear trends so that you can build a proof of concept that is deserving of the $250K fund frm Spring #InventSg09 #
• 04:35 Dr Ting: Learn how to poke holes in your own product, be it actual design or presentation, before others do it for you #InventSg09 #
• 04:56 @TheGeneEffect i suppose the best advice are those thats easily understood(which mean they are easily forgotten too) thx for reading. :) #
• 05:01 @Ckaeteo sorry ya - attending conference la. #
• 05:03 ok folks - Panel Session for #InventSg09 has ended. its lunch time. but its over for me here. thx for tuning in. sorry for the flood. #
• 05:11 now heading for a bit of food and then over to Microsoft SG 22nd floor for Windows 7 Social Party.Come & join if yer free.Starts at 2! :) #
• 07:56 @designsojourn wah - how abt rockhampton? #

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