Today's Entrepreneur: Bill Tai

Kristin Karaoglu · April 1, 2011 · Short URL: https://vator.tv/n/18bf

No. 1 mistake: Timing and use of resources

Vator’s community is the home to entrepreneurs who embrace their passion and follow their dreams.

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These profiles give entrepreneurs an opportunity to showcase themselves and tell their story.

So if you are an entrepreneur, a serial entrepreneur, or even an aspiring entrepreneur, we'd like to hear from you.

Today’s entrepreneur is Bill Tai, a sponsored athlete and an early-stage investor.

According to his VEQ Bill is  a thought leader and is good at fund raising and marketing management.

I am: Retired entrepreneur

Name companies you've founded or co-founded:

Avvenu (founded as Eyefrog - sold to Nokia to be "files by Ovi"), iAsiaWorks (founded as AUNET; IPO 2000 ticker IAWK), Tradebeam (founded as Asian Trading - sold to CDC Software)

Name companies you've invested in:

Tweetdeck, Tango.me, Mirror.me, SoundTracking, Maxthon, Glyde, Scribd

Name startups you worked for:

LSI Logic

List your favorite startups:

Tango.me, Shematic Labs (Soundtracking), Mirror.Me

What's most frustrating and rewarding about entrepreneurship/innovation?

Rewarding: It's FUN. Frustrating: the masses never understand at first.

What's the No. 1 mistake entrepreneurs make?

Usually the main mistakes are around 1) Timing and use of resources vs. timing of need and 2) hiring mistakes and when to correct them.

What are the top three lessons you've learned as an entrepreneur?

Team matters more than the initial idea.

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Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

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Bill Tai

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Bill established CRV's Silicon Valley office. Past Board Director of 7 public companies from his investments. World Economic Forum Tech Pioneer Committee; Adjunct Professor of Innovation, Curtin University; Sponsored Athlete in Kiteboarding