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Entrepreneurship in the Post Dot Com ERA
| Speaker : |
Mr. Inderjit Singh, M.P., Executive
Chairman of Tri Star Electronics, Ex CEO UTAC
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| Date: |
08 October 2001 (Monday) |
| Time: |
6.00pm - 8.00pm |
| Venue: |
HSS
Authorium, National University of Singapore.
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Abstract
About 3-4 years ago, there was a tremendous amount
of excitement created by the new economy and funding
was more easily available for start-ups and entrepreneurs.
We saw many dot com businesses sprouting in Singapore
and in the region. The hype was so well propagated
that many people and companies pumped in vast amounts
of money to take a stake in such companies at very
high valuations. Then the euphoria ended in April
2000, when the whole world came crashing on the
dot com economy. The crash happened so rapidly and
affected almost all countries at almost the same
time. The rest is history and even until today,
we are seeing companies folding up all over the
world. Many had burned millions of dollars before
finally throwing in the towel. There are examples
of companies in USA that burned a couple of million
of dollars before closing shop. This talk deals
with what happened? Have we seen the end of the
Internet economy? Was the new economy so short lived
that the 'old' economy businesses are the only ones
that are still viable? Can we still breed and see
successful entrepreneurship in the post dot com
era? Important lesson learnt.
About the Speaker
Mr. Inderjit Singh is the Executive Chairman of
Tri Star Electronics Pte Ltd, a large electronics
company he founded in 1997. He was previously the
Chief Executive Officer and President of United
Test and Assembly Center Ltd. (UTAC), a large Singapore
based semiconductor manufacturing and engineering
services and full turnkey solutions provider. Inderjit
is the founder of UTAC and built it up to become
one of the worlds most efficient semiconductor assembly
and test service having a estimated market capitalization
of US$1B in July 2000. Having built the company
for the last three years to a stable and fundamentally
strong company from the founding in March 1998 till
February 2001, he decided to focus on the 12 other
technology companies he founded in the last 3 years
Inderjit has 16 years experience in the high technology
semiconductor and information technology industries.
He worked for Texas Instruments (TI) for 13 years
and was the Director of Assembly and Test operations
for TI Singapore's Memory Operations with worldwide
operations, marketing, engineering and research
and development responsibility before he left to
start up UTAC. Inderjit is a Member of Parliament
of the Singapore Government and deputy chairman
of the Government Parliamentary Committee for Finance
and Trade & Industry. Inderjit is knowledgeable
of the business environment in Singapore and the
Asia Pacific region, especially in high technology
and information technology. He is an active promoter
of technopreneurship in Singapore and the region.
He sits on the government initiated Technopreneurship
21 private sector committee as well the Pro-enterprise
panel, both committees actively involved in transforming
Singapore into a vibrant country to encourage enterprise
and technopreneurship. Inderjit also holds a Masters
in Business Administration degree (UK) and has lectured
Operations Management at University of Strathclyde's
MBA programs
We are pleased to invite you and your colleagues
to attend the talk. As there are limited number
of seats available, please register for the talk
via email to
Shannen
(cmtsoosk@nus.edu.sg)
with your name, designation and company/institution
(and email add if via fax),
by 5th October 2001. Please forward this invitation
to your friends and colleagues who may be interested.
Admission is free |
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