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Economy Minister Rafizi Ramli said on Monday (April 22) that one of the major challenges for Malaysia in becoming a top startup ecosystem by 2030 is the government's ability to change society’s model of success and risk aversion.<br/><br/>Rafizi said this at a panel session of the KL20 Summit 2024 on Monday (April 22).<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>
Transforming mindsets key to boosting Malaysia’s startup ecosystem, says Rafizi
⏲ 3:19 👁 5.7M
thegamingscientist
IITPP Startup but it has the Full Startup Song
⏲ 5 minutes 55 seconds 👁 445
TheFluxDev
IITPP - Startup
⏲ 2 minutes 51 seconds 👁 56
ScaleUp Malaysia is an accelerator program that helps Malaysian startups grow by providing mentorship, training, and access to investors. It aims to bridge the gap between startups and the broader business ecosystem, equipping them with the resources to scale successfully.
Niaga AWANI: KL20: Accelerating startups build and scale to the next level
⏲ 15:43 👁 35K
Elite Ger
Innovation Inc. Thermal Power Plant: Core Startup Failure
⏲ 4 minutes 11 seconds 👁 14.7K
the pixelated gamer
IITPP startup failure
⏲ 3 minutes 14 seconds 👁 181
Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users glo­bally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The Real­Real (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
How Lithuanian Startup Vinted Spun Secondhand Clothes Sales Into Gold | Forbes
⏲ 5:56 👁 1.5M
Syashikunda
Innovation Inc. Thermal Power Plant OST - Prosper with Science [Alternate Core Startup]
⏲ 1 minute 59 seconds 👁 11.4K
Syashikunda
Innovation Inc. Thermal Power Plant OST - Halloween Startup
⏲ 1 minute 57 seconds 👁 5K
Local startup founders say such connections are vital to showcase their technological expertise.<br/><br/>Read More: <br/><br/>Laporan Lanjut: <br/><br/>Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.<br/><br/>Subscribe to our channel - http://bit.ly/2Qo08ry<br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Check us out at https://www.freemalaysiatoday.com<br/>Follow FMT on Facebook: https://bit.ly/49JJoo5<br/>Follow FMT on Dailymotion: https://bit.ly/2WGITHM<br/>Follow FMT on X: https://bit.ly/48zARSW <br/>Follow FMT on Instagram: https://bit.ly/48Cq76h<br/>Follow FMT on TikTok : https://bit.ly/3uKuQFp<br/>Follow FMT Berita on TikTok: https://bit.ly/48vpnQG <br/>Follow FMT Telegram - https://bit.ly/42VyzMX<br/>Follow FMT LinkedIn - https://bit.ly/42YytEb<br/>Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj<br/>Follow FMT on WhatsApp: https://bit.ly/49GMbxW <br/>------------------------------------------------------------------------------------------------------------------------------------------------------<br/>Download FMT News App:<br/>Google Play – http://bit.ly/2YSuV46<br/>App Store – https://apple.co/2HNH7gZ<br/>Huawei AppGallery - https://bit.ly/2D2OpNP<br/><br/>#FMTNews #KL20 #Startups #Blueprint #VentureCapitalist #Stakeholders
Startups, venture capitalists praise KL20 for connecting stakeholders
⏲ 1:23 👁 20K
aydenane
IITPP (4,000 subs special) | New Startup | Roblox
⏲ 8 minutes 19 seconds 👁 3.7K
ZadonoAce
IITPP RecreationReactor Startup.
⏲ 2 minutes 29 seconds 👁 664
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