MobileMonday Yangon September was once again held at Peperoni Pizza at Union Business Centre. This time, we shook things up a bit by inviting people from the community to tell their personal stories. No better than Ko Thar Htet and Ko Ravi, renowned personalities in the Myanmar technology industry, who had plenty to say about both their battle scars and finest moments.
The first session by Ko Ravi covered the past, present and future of tech in Myanmar, providing a unique perspective which would have benefitted many newcomers to Myanmar. His pitch was that tech actually began to boom in Myanmar as early as 2000, with many important steps being taken from that period, but that it took up till 2014 to see some of those efforts crystallise with the emergence of mobile data and mobile phone penetration.
Ko Htar Htet on the other hand, shared the challenges and problems that local tech entrepreneurs face in Myanmar, as a prominent entrepreneur in Yangon himself. An important concept he shared was that of ‘easy money’ — where people follow the path of money without the requisite passion to truly succeed. He spoke of how tech entrepreneurs focused on service business for financial success, yet there are tradeoffs, as he is learning from his own experience. Many in the audience agreed when he touched on the obstacles faced by startups in Yangon, mostly to do with real estate, and market conditions. Yet the same conditions which make Myanmar such an attractive market — its lack of access to existing technology for the majority of the population — are also obstacles, since a lot of market education has to be done.
If you missed this Mobile Monday, here are the slides:
We look forward to seeing you in October!