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	<title>Mirage &#187; VC</title>
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		<title>Venture funding in Malaysia</title>
		<link>http://digitalgaia.com/mirage/2008/05/18/venture-funding-in-malaysia/</link>
		<comments>http://digitalgaia.com/mirage/2008/05/18/venture-funding-in-malaysia/#comments</comments>
		<pubDate>Sun, 18 May 2008 10:02:44 +0000</pubDate>
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				<category><![CDATA[Business]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[VC]]></category>

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		<description><![CDATA[I talked to a couple of friends and we all kinda agreed that Malaysia internet startup scene is in a such sad state. [...]]]></description>
			<content:encoded><![CDATA[<p>I talked to a couple of friends and we all kinda agreed that Malaysia internet startup scene is in a such sad state. I know that there&#8217;s so many good ideas flowing out there from these  young budding technopreneurs but most of them have a hard time getting any funding to even get them started. Most of the tech VCs are in the silicon valleys. We have a couple here in Malaysia, but of course, all of them are extremely risk averse. If they get proposal with a preceived risk of more than 2% , they&#8217;ll probably just shit their pants. (Of course I&#8217;m exaggerating)</p>
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