Venture capitalist aims to 'capture tsunami' with RM1b for M'sian start-ups

Lai Pin Yong, the co-founder and chairperson of Blue Chip Venture Capital, plans to invest in more than 10 start-ups related to the semiconductor industry, with the aim of advancing Malaysia in this sector.

“It is important now to capture this tsunami and it should stop in Malaysia, not elsewhere. We should not miss the opportunity,” he told Nikkei Asia in an interview.