Betatron wins 2nd place in 'The Asian Startup Ecosystem Awards 2019' & meet our new Entrepreneur in Residence
The Asian Startup Ecosystem Awards 2019
Betatron was recently nominated in the category for 'Outstanding Contribution to the Asian Startup Ecosystem 2019' powered by Pitchdeck.Asia.
The competition was tough, with it being made up of 50 of Asia's biggest startup accelerators, investors, and eco-system builders.
Given the competitive line-up we're delighted to win the 2nd place overall and 1st place for Greater China.
With over 16,000 votes being cast across all categories, we were able to gain a remarkable 18% of the total votes in our section.
It's a fantastic validation of our team's hard work and a reflection of our growing network in Asia-Pacific.
Thank you to everyone in our community who voted for us!
Meet our new 'Entrepreneur in Residence' - Arshad Chowdhury
Welcome to the team, Arshad Chowdhury! Tell us a bit about yourself...
I've been a serial entrepreneur for the past 17 years. I founded 4 companies, exited two of them and three out of the four are still growing and profitable today. Companies include MetroNaps (we make the nap pods you see at Google), InterviewJet (a hiring platform), and Power 20 (a suite of exercise apps).
Today I'm transitioning from running my own companies to investing in startups. I grew up in the US in Connecticut, spent the past 20 years in New York, and moved to Hong Kong in August 2018. Before starting companies, I worked at Deutsche Bank in Investment banking. I have a BA in Economics from Wesleyan University and an MBA from Carnegie Mellon University.
Why did you decide to join Betatron as our new EIR?
I joined for two reasons. First, advising companies in the early stage is what I've spent the past two years doing, and I really enjoy it. My last role was an EIR at Bionic Solution, where we helped Fortune 500 companies validate and launch startups.
Second, since I'm new to Hong Kong, I need to quickly gain access to the startup ecosystem to find investment opportunities. Joining as EIR at Betatron gives me a lot of exposure and networking opportunities from day 1.
What are your top skills and how will you be looking to mentor our startups?
My top skills are lean experimentation, pitching to investors, and financial modelling. For early-stage companies, the primary metric is growth, so I help CEOs drive growth through constant experimentation. The challenge is to learn fast without taking up all your team's limited resources, and that's a challenge I relish.
You've experienced a number of startup ecosystems around the world, what are your first impressions of ours in Hong Kong?
The first thing that impresses me is the quality of the young entrepreneurs here. I'm meeting 22-year-olds running impressive companies, doing business fluently in Cantonese, Mandarin, and English. They're super smart and, more impressive, they're humble. I see a lot of potential in Asia and SE Asia's near term tech scene because of these kids.
The second thing I've noticed is the dizzying array of blockchain and crypto startups here. If the crypto-winter ever thaws, Hong Kong will likely produce some very strong companies.
If anyone would like to reach out to me, feel free: email@example.com
Thanks, Arshad! Welcome on board.