Post Tagged with: "Yung Wu"

Finishing my term as CEO, MaRS Discovery District

Finishing my term as CEO, MaRS Discovery District

Dear Friends … I’m now on my final countdown to completing my 6th and final year as CEO at MaRS Discovery District, and my 3rd attempt at retirement. As I reflect on my experience, I am left with an overwhelming sense of gratitude. Leading MaRS has been one of the peak experiences in my life … even more enriching than […]

by × December 18, 2023 × 0 comments
Why the tech sector is key to Canada’s economic success | Toronto Star

Why the tech sector is key to Canada’s economic success | Toronto Star

By Renee TratchThursday, April 20, 2023 https://www.thestar.com/business/why-the-tech-sector-is-key-to-canada-s-economic-success/article_3676112e-fdd3-510f-90f2-1d90756c1809.html? Over his three decades as a serial entrepreneur and as the head of the MaRS Discovery District, Yung Wu has seen his fair share of economic downturns and challenges. That’s why he’s still bullish on Canada’s tech sector: some of the biggest and most valuable companies were created during hard times. And despite the […]

by × April 20, 2023 × 0 comments
Mars head Yung Wu announces plan to step down from role as tech incubator’s CEO | Canadian Press

Mars head Yung Wu announces plan to step down from role as tech incubator’s CEO | Canadian Press

This report by The Canadian Press was first published April 18, 2023.Tara Deschamps, The Canadian Press TORONTO — Yung Wu has founded, built and invested in at least seven companies, but there’s one thing that’s not his strong suit: retiring. The first time the serial entrepreneur retired was in 2007, after the sale of his first company, Castek Inc., to […]

by × April 18, 2023 × 0 comments
NFQ !!

NFQ !!

I founded my first company over two decades ago, on a couple of credit cards and a dream (at the time, we referred to it as a “wing and a prayer” … now we prefer to remember it as a “vision for global leadership” *lol*). After 2 economic cycles, 3 major rounds of financing, 3 business model changes, and 2 “perfect storms”, I have reached the conclusion that “success” and “failure” are

by × November 9, 2022 × 5 comments
My Manifesto for Canadian Innovation …

My Manifesto for Canadian Innovation …

I had the pleasure of being invited to speak on the main stage of the Sony Centre during the Elevate Tech Festival, about our window of opportunity to leverage our innovation economy to chalk up wins for Canada on the global stage.  It’s something that I am passionate about, and it is the reason why I left a very comfortable […]

by × November 7, 2022 × 0 comments
Remembering …

Remembering …

On this long weekend, I am remembering both my father, Chi-Houn and my mother, Shuyin. We lost them both within 3 months of each other, and I miss them terribly. My father and mother were amongst the finest science and engineering minds ever produced by Taiwan. My father, Chi-Houn (“John”) was gifted with a photographic memory and an incredible intellect as […]

by × August 2, 2020 × 0 comments
Mission From MaRS: Taking Climate Action

Mission From MaRS: Taking Climate Action

As I post this video from my speech 12 months ago on Feb 7, 2020 at the Canadian Club, it is hard to remember that there was a time before the COVID-19 pandemic, the subsequent black swan economic catastrophe and the global reckonlng on anti-black and systemic racism that has swept our organizations and our communities.  But in re-watching this […]

by × July 31, 2020 × 0 comments
KPMG Re-Entry Show: Innovating to Thrive

KPMG Re-Entry Show: Innovating to Thrive

KPMG Re-Entry Show: Innovating to Thrive Talking about COVID-19 pandemic and how to think about the recovery while hanging out with my friends, Armughan Ahmad (President & Managing Partner, Digital, KPMG) and Dr. Kamran Khan (CEO & Founder, BlueDot). Watch the show here.

by × June 30, 2020 × 0 comments
OpEd: America, you’re making a big mistake on immigration. And Canada thanks you | Fortune Magazine

OpEd: America, you’re making a big mistake on immigration. And Canada thanks you | Fortune Magazine

Yung Wu OpEd Fortune Magazine June 29, 2020 5:00 PM EDT Strictly speaking, America, we Canadians should be quietly thanking you for your self-destructive immigration policies. They benefit Canada immensely. But friends tell you when you make a mistake. And you’re making a giant one by hardening your borders and your hearts to talented newcomers. Last week, President Trump issued a sweeping […]

by × June 29, 2020 × 0 comments
OpEd: A lesson from Canada: Startups can lead the economic recovery | VentureBeat

OpEd: A lesson from Canada: Startups can lead the economic recovery | VentureBeat

Yung Wu OpEd VentureBeat Big Tech has generally done well in this pandemic. Zoom, Slack, Netflix, Amazon – these are the COVID economy’s big winners. But the experience for startup tech companies, on the other hand, has been altogether different. Venture capital is drying up. Silicon Valley companies have laid off thousands of workers in a reckoning The New York […]

by × June 24, 2020 × 0 comments