KUALA LUMPUR, Sept 2 — There were a number of key points I took away from last week’s DNA-TeAM Disrupt panel discussion. However the main one was about an aspect that I do not see at all, among not just startups here but also more mature tech companies too. And that is the value of bringing in older hands who may have retired.
They were inelegantly described as ‘older farts’ by myself but that was just tongue-in-cheek. Throughout my 14 years of covering the tech scene in Malaysia, I have rarely seen entrepreneurs bring in retired people into the company, either formally on their boards or just as advisers.
It is common in the West for startups to have boards which advise them, but in the East, we tend to take the word ‘board’ too formally, as if boards are only for mature or listed companies. Hence you will not see many startups in the region with boards. — Digital News Asia
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