Peng T. Ong: Musings of a Singapore tech mogul

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From his unique vantage point as one of Singapore’s most successful tech entrepreneurs, Peng T. Ong takes a long view of economic trends as well as fundamental human needs. In this future-oriented conversation with Lakshmi Pratury, Peng shares his thoughts on the material and spiritual challenges that advances in technology may present, and how education and governance can help address them. Woven through this discussion is the idea of purpose; indeed, as he explains, Peng’s personal definition of an entrepreneur is “someone who makes me

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ABOUT PENG T. ONG: Peng T. Ong is a Managing Director at Monk's Hill Ventures, a technology venture fund. He sits on the boards of YY Inc. and Singapore University of Design & Technology; and, also on the advisory board of the Chancellor of the University of Illinois. Until recently, Peng was also on the boards of SingTel and Singapore's National Research Foundation; and, chaired Infocomm Investments. Peng founded Match.com (bought by IAC), Interwoven (now part of HP), and Encentuate (acquired by IBM).

The businesses he created now generate annual revenues that total more than US$1 billion. He has a master's in Computer Science from UIUC and a BSEE from UT Austin.

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