Local start-ups must learn to take risks, be more open and be mentors to each other in order to make it in today’s entrepreneurial ecosystem.

In giving the advice yesterday, IBM Venture Capital Group software strategy director Deborah Magid said that startups today are capable of ‘disrupting’ traditional businesses through innovations as what they do through technology tend to be cheaper, more engaging and efficient to customers.

Read more here: The Next New Thing: Trends and Disruptions in the World of Venture Capital and Startups