From Twitter 10-24-2009

• 07:58:42: 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
  
• 08:02:44: 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
  
• 08:06:04: @Sgweather Open source is not the be all & end all.
  
• 08:08:46: 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! :)
  
• 08:12:21: @zhiQ ah okie. see u online then. afternoon ill be at @triplez82 Windows 7 Social Party at Microsoft SG HQ. :)
  
• 08:41:14: @zhiQ hehe yea. self-organised. Win7 pro & ultimate & tees for lucky draw. an ipod also. they even suggest Snow Leopard for kicks! lolx
  
• 08:41:43: good morning justin! enjoy your weekend! :) RT @jjjap: Morning Twitterverse! :)
  
• 08:48:05: @designsojourn rendezvous at kanchanaburi? ;)
  
• 09:10:53: Attendees are now filling up the Ngee Ann Kongsi Auditorium at SMU Sch of Acct for #InventSg09
  
• 09:11:55: btw #InventSg09 is the hashtag im gonna use for the http://inventsingapore.com event :)
  
• 09:17:41: out of topic but there are several eye candies at #InventSg09 hurhur
  
• 09:23:43: 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.
  
• 09:24:16: err cant la - i dun hv a silent zoom camera le. :P RT @triplez82: @mhisham PICTURE!!!
  
• 09:27:13: @designsojourn @guykawasaki you cant breakaway from habits i guess. :)
  
• 09:32:19: @designsojourn lolx i was never there actually. my Tour Of Duty is at Brunei. :) spent a year there.
  
• 09:39:43: Can collaborations between Govt,SMEs & individuals amount to groundbreaking fruition? #InventSg09
  
• 09:40:08: What are the different roles played by each party? #InventSg09
  
• 09:40:31: Who becomes the captain of the ship #InventSg09
  
• 09:41:38: Should whistleblowing intervention be encouraged? How to balance accountability & risk-taking? #InventSg09
  
• 09:42:29: What exit strategy should be taken when irreconcilable differences between the 3 parties start to impede progress? #InventSg09
  
• 09:47:59: good morning walter! @coolinsights how's the weather DownUnder?
  
• 09:54:14: a beatboxer performing at #InventSg09 lolx :) - oh well the audience lap it up anyways :)
  
• 09:56:06: Dr Ting, President of Fellowship of Inventors says that beatboxing helps with Sleep Apnea. cool facts! ;) #InventSg09
  
• 10:07:32: Dr Ting says in his opening speech, #InventSg & innovation is not hot air, but action. to translate the internalised ideas out in the open.
  
• 10:09:51: Dr Ting says that Fellowship of Inventors is inclusive. out of 3000 ideas,3 are chosen. FOI strives to improve the 2997 rejects #InventSg09
  
• 10:12:18: Snr Minister of State Mr Iswaran says competition in Sg,based on cost & value, tied to innovation #InventSg09
  
• 10:16:43: 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
  
• 10:17:51: Unpolished gems requires sharp tools. #InventSg09
  
• 10:18:58: Exit valuations hinge on proprietary IP. IP goes beyond patents; it's a state of mind #InventSg09
  
• 10:22:00: Should govt stay out? Whoever provides capital has a say; it's business 101. if u dun want Govt say, dun take govt $$$ #InventSg09
  
• 10:26:39: Questions to ask: How to promote corporate governance/in taxpayer-supported & startup environments? #InventSg09
  
• 10:31:12: there are a lot of strings attached to using taxpayer money for funding #InventSg09
  
• 10:33:40: Role of Academia: UNIs should shed off commercial paranoia,not engage in equity games, keep commercialisation models simple #InventSg09
  
• 10:34:26: Role of Academia(contd): Seriously consider privatizing commercial arm #InventSg09
  
• 10:37:22: good point RT @zhiQ: Angel investor investing their own money; VCs investing other ppl money @DavidCohen #e27echelon
  
• 10:41:52: Incubators: hi tech success rate, low business success rate.what gained on common overhead is lost on common mgmt #InventSg09
  
• 10:42:41: Incubator: "Communes" are not good breeding grounds for entrepreneurship #InventSg09
  
• 10:44:37: i do like the change. :) RT @willyfoo: Do you like the change to the new layout on #facebook home? #fb
  
• 10:45:39: How to cross the "valley of death"?(from $59K/sceptical spouse to $10M+ professional funding) #InventSg09
  
• 10:47:11: @pinming im at a conference la. i try my best not to flood, but some gems are irresistable to share. :x
  
• 10:50:59: 10 VC Commandments: 1) No deal is too good to pass on. 2) "good enough" entrepreneurs don't make it. #InventSg09
  
• 10:53:59: 10 VC Commandments: 3) The real good dals are those nobody wanted. So are the bad ones. #InventSg09
  
• 10:55:27: 10 VC Commandments: 4) Never trust other people's market forecast, and certainly not your own. #InventSg09
  
• 10:56:48: 10 VC Commandments: 5) No good use will ever be made of money invested beyond what the entrepreneur asked for. #InvestSg09
  
• 10:58:30: 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 #InventSg09
  
• 11:00:28: 10 VC Commandments:8) ultimate goal as hands-on investor is to make yourself redundant.9) Walking spreadsheets dun make good VCs #InventSg09
  
• 11:03:54: 10 VC Commandments: 10) Posterity will judge you by your IRR , not by your designer shirts. #InventSg09
  
• 11:06:12: 10 StartUp points:1)leadership makes the world go round. team up with leaders.2) theres no such things at overqualified employee #InventSg09
  
• 11:10:55: 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
  
• 11:13:52: 10 StartUp Points:5)Target your first product to the high-end market.6)Manage R&D by deadlines,not by product specs #InventSg09
  
• 11:16:54: 10 Startup Points:7) Dun bother to develop a product with under 75% profit marginargument that COGS of software is zero is false #InventSg09
  
• 11:18:58: 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
  
• 11:22:26: 10 Startup Points: 10) if it takes a genius to run your business - CHANGE the business #InventSg09. Session Break,BBL for Panel Discussion
  
• 11:45:06: @pragmaJoe i suppose it does, in which context would you be referring to anyways.
  
• 11:47:45: #InvestSg09: Panel Discussion, Chair Prof Desai(SMU). Spkr Dr Ting(Pres FOI) Spkr Dr Gideon Tolkowsky(VC) Spkr Mr Tan Kai Hoe(Spring Sg)
  
• 11:51:34: Placed my phone on the panelist table to record down everything said so as not to miss out on critical info. #InventSg09
  
• 11:53:47: an ideal investor is someone who walks the road with the entrepreneur - Dr Ting. #InventSg09
  
• 11:55:51: Encourage entrepreneurs to open up to the world, to go international - Dr Gideon #InventSg09
  
• 11:56:44: @groovygenie its in offline mode, no alarms set. no worries man. all thought out. u can say ive done this b4 la :)
  
• 11:58:28: Prof Desai open to the floor. Question: as a student have an idea, how to get to development stage to funding stage #InvestSg09
  
• 11:58:49: Prof Desai open to the floor. Question: as a student have an idea, how to get to development stage to funding stage #InventSg09
  
• 11:59:17: keep mixing up invent with invest - just because funding is on the topic. lolx :P
  
• 12:00:58: 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
  
• 12:02:31: further reply - Dr Ting says - can refer to school mgmt, but 1st ask yourself if its a genuine idea & if u can follow through #InventSg09
  
• 12:04:28: reply from Mr Tan - theres a number of selfhelp avenues. He recommend business.gov.sg and Spring website #InventSg09
  
• 12:04:43: #InventSg09 Panel Discussion, Chair Prof Desai(SMU). Spkr Dr Ting(Pres FOI) Spkr Dr Gideon Tolkowsky(VC) Spkr Mr Tan Kai Hoe(Spring Sg)
  
• 12:06:14: Reply from Dr Gideon - instead of inventing or following up on ideas, try to find a space where you can create value #InventSg09
  
• 12:09:56: additional plug from Dr Ting about his Fellowship of Inventors - http://ow.ly/wiO3 #InventSg09 - provides advice on development/funding etc
  
• 12:11:07: Prof Desai: Building a Proof of Concept can be daunting. How do you go about it? #InventSg09
  
• 12:11:49: Reply to Prof Desai from Dr Gideon - Go out and meet your clients and find out their requirements. #InventSg09
  
• 12:17:49: 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
  
• 12:35:05: Dr Ting: Learn how to poke holes in your own product, be it actual design or presentation, before others do it for you #InventSg09
  
• 12:56:53: @TheGeneEffect i suppose the best advice are those thats easily understood(which mean they are easily forgotten too) thx for reading. :)
  
• 13:01:41: @Ckaeteo sorry ya - attending conference la.
  
• 13:03:07: 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.
  
• 13:11:26: 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! :)
  
• 15:56:10: @designsojourn wah - how abt rockhampton?
  
• 16:21:00: OH: Geylang is a nice place for "hor"fun. :p
  
• 16:45:20: @BoltClock can do a hackintosh! :)
  
• 16:46:14: @TheGeneEffect wah dude - im not there yet.
  
• 16:52:17: @victortan WON the Windos 7 Pro edition!
  
• 17:10:10: Thanks @triplez82 for organising the Windows 7 Social Party; @lenovo_sg & @tech65 folks for the support!
  
• 17:22:22: have a safe trip home bro! :) RT @zhiQ: end of #e27echelon
  

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