In the past year or so the Thai start-up community has made tremendous progress and has deservingly begun to attract global attention. Despite the need for significant progress in revising antiquated, uncompetitive and prohibitive business, tax and immigration laws and perceptively high political-risk, Thailand represents one of the most promising places in the world to be if you are a tech start-up or a venture capital investor.
There are at least five reasons why such a claim can be made:
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Yesterday I had the privilege to attend the Start It Up, Power It Up event at Microsoft Auditorium (CRC Tower) organized by Thumbs Up. They had asked me to serve as a pitch judge at the event and I enthusiastically agreed with honor. There were over 200 attendees who had the opportunity to experience several presentations by distinguished speakers on such topics as Lean, pitching and monetization of mobile applications. The event concluded with a pitching event in which we all had the opportunity to hear pitches from 7 or 8 Thai start-ups.