Venture fund in Singapore wants increased business focus from start-ups

Nicklas Fursund is one of the partners in Motion Ventures, which has several well-known investors on board. He believes that entrepreneurs think too little about business.
"Innovation is not the experience economy. It's business," says Nicklas Fursund, partner at venture fund Motion Ventures. | Photo: Paul Chinn/AP/Ritzau Scanpix
"Innovation is not the experience economy. It's business," says Nicklas Fursund, partner at venture fund Motion Ventures. | Photo: Paul Chinn/AP/Ritzau Scanpix

For Nicklas Fursund, innovation equals business.

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