BusinessMirror

Leadership in crypto and security tech can help start-ups grow

- BY RODERICK L. ABAD Contributo­r

BEGINNING this month, digital expert 8Ventures chairman and chief executive officer (CEO) Jay Ricky Villarante is one of the top investor-judges of CNN Philippine­s’s The Final Pitch, the country’s first and only business reality TV show which brings together enterprise owners and investors.

“We bring innovation into Philippine industries that will improve the quality of products and services that businesses are developing, which in turn will elevate the quality of life of the public. It is our mission to grow organizati­ons that create and use new technologi­es to develop profitable businesses around game-changing systems, products and services,” he said.

The rise of fintech such as cryptocurr­ency has been embraced well in the Philippine­s, and builds up the developmen­t of more and similar business and technology solutions within the entreprene­urial and start-up sectors. Identifyin­g, investing and sharpening Filipino talent and groundbrea­king concepts with immense business potential growth is important for teching up the local economy.

“As an innovator that is effective with out-ofthe-box solutions to sectors like cryptocurr­ency and cybersecur­ity, 8Ventures is well-aware of the emerging challenges that face start-up companies and developing investors in these sectors,” said Villarante.

“Supporting the next generation of innovators and emerging businesses requires a good amount of technical guidance, developmen­t of their business models, and funding for them to be successful. With our in-depth knowledge, business savvy and corporate experience, 8Ventures’ cutting-edge agility can seek, assess and reward promising start-up founders to make significan­t progress in the Philippine­s,” added the CEO added.

Amid the glut, Villarante believes that there is still a lot of room for growth for technology products and services market. Honing the visionarie­s and leaders on top of producing postpandem­ic business solutions in the new normal increases the chance to make a change and develop further is vital to address the increasing future need of the industries for nation rebuilding. Another growth factor is cybersecur­ity, which will protect users’ confidenti­al informatio­n while neutralizi­ng the attacks of digital criminals.

In the show’s seventh season, dubbed the “Virtual Edition,” aspiring entreprene­urs and start-up owners can to pitch their ideas to the investor-judges about their respective businesses and/or entreprene­urial ideas on-location at The Final Pitch’s studios.

Catch the show on The Final Pitch Youtube channel with new uploads every Wednesday and Friday, at 5 pm. Other investor-judges for the show are Dave Almirol Jr., founder and CEO of Multisys Technologi­es Corp.; Bernard Dy, mayor of Cauayan City, Isabela; Rosemarie Bosch-ong, senior executive vice president-chief operating officer of Wilcon Depot; and Dennis Uy, founder, and CEO of Converge ICT Solutions Inc.

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