Sim funded his company entirely by himself. If he had even 10% of the funding support from his own govt that they put into Temasek's losing businesses like ABC Learning ($552 million pissed away) etc. his company would be thriving. Unfortunately, the PAP cannot show that an independent smart businessman who is not a scholar general or a career politician can accomplish so much in a country where only PAP approved individuals are allowed to succeed.
it may be impressive that he funded his company himself all $100k of it or whatever,whats more impressive is at his peak,his networth was worth over $1 billion(creative share was worth $60 and he had 3 ipos in USA and SG and raised hundreds of millions) and he managed to blew all of it away over the next 15 years.that is the mark of a world class businessman,i dunno which is more impressive,the fact that u funded ur own company with 100k or the fact u had 1 billion and manage to lose it all,last i check his networth was only 100 million in 2007 and since then creative had
12 consecutive quarters of losses,i doubt hes even worth a fraction of that now.bugger is not even rich enough to be in the list of top 50 richest singaporeans.and it wasnt even because he lost his fortune in a stock market crash or something,he just bled like a stuck pig over 15 years,destroying one of the biggest fortunes in Singapore history.this shows one can become the next bill gates and make one billion with a magic invention and proceed to lose it all by being a complete terrible fucktard businessman.if ever there was a darwin award of all time for business,sim wong hoo deserves it.
if any of my CEOS in my companies in my future conglomerate is as fucktarded as Sim Wong Hoo,i will not hesitate to send them off to the firing squad and not wait 15 years to do it.
