Worldbulletin News

Worldbulletin News Worldbulletin News Portal

07:55, 21 March 2018 Wednesday
17:59, 08 March 2018 Thursday

  • Share
Startups digital economy's lead actors
Startups digital economy's lead actors

Startups not smaller versions of large companies, they have distinct dynamics

World Bulletin / News Desk

Startups are the lead actors in the digital economy, Hasan Aslanoba, a Turkish angel investor and the CEO of the Aslanoba Group, said Thursday.

"The rest -- we the investors, state agencies, universities... -- all of them are side actors. Startups are at the core of everything," Aslanoba told Anadolu Agency.

He said startups are not the smaller versions of large companies, adding that startups have distinct dynamics.

He said big corporations could only survive with the current pace of technological progress through investing in startups.

"The only thing that can prevent big companies and holdings from the digital wave is the startups," Aslanoba said.

He stressed that corporations should create their venture capital funds headed by people who have high digital literacy.

"In the future, there will be 3 types of companies.

"The first type is the digital giants; the second, the startups, and the third type is one that relies on manpower which does the jobs the first and the second do not even care to do," he said.

Legal Notice: Copyright, trade marks and other intellectual property rights in this website can not be reproduced without the prior permission.

  • Share