Billionaire Taizo Son wants to fund your crazy startup. No biz plan needed.

Taizo Son onstage at Tech in Asia’s Startup Asia conference 2014.

Southeast Asia has a new billionaire, and he wants to invest in unconventional startups who can help him reimagine city living.

Taizo Son, who made his money through hit game Puzzle and Dragons, is moving to Singapore from Japan partly because of frustrations with his home country’s government regulations and education system, which he thinks are unfriendly to innovation.

While Son is still plotting his next moves, here are the broad strokes: he hopes to work with all entities in Southeast Asia – startups, corporations, and governments – to bring radical ideas to life.

He’s looking to back early-stage startups through an accelerator that could start in the region as early as this year (exact details are still being worked out).

One thing Son’s sure about: he won’t look at their business plans. He tells Tech in Asia over the phone: “I’m not interested in feasible business plans but amazing ideas and out-of-the-box thinking that’ll impact the world. If you show me your business plan, I’d say: throw it away!”

Son, whose brother is the billionaire founder of Japanese internet company SoftBank, thinks startups that chase profitability and stability from day one tend to have limited visions. And besides, business projections are often meaningless for early-stage startups.

Passionate founders wanted

Instead, Son scrutinizes two things: Does the startup have amazing technology? Are the founders truly passionate about their idea? This will help them endure tough times, he believes.

He gauges passion by asking a series of questions: What’s your background? Why did you start this company? Why do you think this is your calling? And how will you communicate your vision to others?

Although traditional business minds might balk at his approach, it’s actually common for investors – especially from Silicon Valley – who fund embryonic startups with seemingly oddball ideas. Sure, these startups will often flunk, but they’re also the ones with the best chance of breaking new ground.

Son will focus on companies from the seed to series A stages. But beyond these broad descriptions, it’s difficult to pin down exactly what technologies he will support. That’s because Son aims to modernize every aspect of people’s lives.

“The way you work. The way you live. Education. Healthcare. Everything. Even how you eat,” he says.

Son envisions building a futuristic city, designed from scratch with modern technologies in mind, where robots will deliver packages via tunnels, where roads are reduced, and everyone travels on personal mobility devices.

The result will be a safer and greener living space with less road traffic. Parents won’t worry that their children will be knocked down by cars.

Sky’s the limit