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Youth Opportunities and Development in the Cyber World

Youth Opportunities and Development in the Cyber World. Nick Yang CEO Cyberport Management Company Ltd 28 December 2004. What is the Cyber World?. A place: To learn To have fun To participate in a community To create wealth!. Rich Under 40!. Example #1: Timothy Chen 陳天橋 Age 31

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Youth Opportunities and Development in the Cyber World

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  1. Youth Opportunities and Development in the Cyber World Nick Yang CEO Cyberport Management Company Ltd 28 December 2004

  2. What is the Cyber World? A place: • To learn • To have fun • To participate in a community • To create wealth!

  3. Rich Under 40! • Example #1: Timothy Chen 陳天橋 • Age 31 • Shanda Networking盛大網絡 • Net Worth grew from 490 million USD to 1,276 million USD from 2003 to 2004 • Example #2: Wang Wenjing王文京 • Age 39 • UFSoft用友軟件 • Net Worth grew from 1 million USDto 328 million USD from 1990 to 2004 Are you ready to be a Big Achiever in the Cyber World?

  4. You Need to Know… • What drives the cyber world • What do the winners have in common • What new technologies could mean for developments in the cyber world

  5. What Drives The Cyber World? • Technology Advancements, particularly digital media technologies • Growth of Broadband networks and usage • Increased Demand for Knowledge and Solutions

  6. The Need for Content • Contents inspire, technology does not • Contents are context and/or culture based: they work only if people understand them • Contents may be differentiated by category: e-Science, e-Government, e-Culture, e-Business, e-Learning, e-Entertainment, etc. • Contents can also be distinguished by delivery: MEGAA (music, edutainment, games, animation, advertising, etc.

  7. What Do Cyber World Winners Have in Common? • Clear view of their future • Clear view of their role in this future • Availability of immediate market • Few simple, clear strategies to succeed • Team with experience and talent to do it • Disciplined, capital-efficient financial plan • They were right … and lucky

  8. The Future Is… • Always on, always connected • Advancing streaming technology • New generations of storage, playback, power • Sophisticated, easy-to-use operating systems

  9. Remember… • What Drives the Cyber World • New Technologies • High Speed Usage Growth • Demand for Knowledge, i.e. Content • What Cyber World Winners Have in Common • Picture what the future might be with knowledge from the Cyber World You too can be next Timothy Chen or Wang Wenjing!

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