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Riding the waves

Chan Chao Peh
Chan Chao Peh • 7 min read
Riding the waves
Ron Sim, chairman of the EY Entrepreneur Of The Year judging panel, brings together entrepreneurs for ‘massive’ growth plans at V3
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Ron Sim, chairman of the EY Entrepreneur Of The Year judging panel, brings together entrepreneurs for ‘massive’ growth plans at V3

SINGAPORE (Oct 14): As the world’s economy becomes increasingly digitalised, some old ways of doing business are being disrupted. Ron Sim, executive chairman of the V3 Group of Companies, muses over the fact that the new digital world has created many opportunities for entrepreneurs with the right ideas.

The emerging generation of entrepreneurs, the millennials, enjoy advantages over their older counterparts. They are more tech-savvy and more in tune with the changing dynamics of the market. In addition, they have better access to capital. The start-up ecosystem is healthy and vibrant, with many venture capitalists, angel investors and private-equity funds ready to back a good business idea. “Everything is so well connected and the world is at your fingertips,” says Sim.

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