500 Startups’ Khailee Ng steps down from MaGIC, agency budget slashed

NEWS BRIEF:

Entrepreneur and 500 Startups managing partner Khailee Ng has stepped down from his post on the board of directors of the Malaysian Global Innovation and Creativity Centre (MaGIC) … The coming year will also see the agency operating with a smaller budget compared with its inaugural year, according to MaGIC CEO Cheryl Yeoh.

Source: Digital News Asia

See more: 500 Startups promotes Khailee Ng to managing partner