According to Gerber, the interest shown by Kar, Palmer and their peers indicates that Gen Y Capital Partners has tapped into a gap in the start-up accelerator market.
FORBES: A Start-up Accelerator For A New Generation Of Entrepreneurs
The first English-language film from the Hong Kong-based director Wong Kar-Wai, and the first to be set in America, makes you wonder whether the trip was worth it.
Of this, 72% is held abroad, estimates Dev Kar, the author of the report and a former senior economist at the International Monetary Fund.
FORBES: India Has Lost At Least A Half-Trillion Dollars To Corruption Since Independence
For the Hong Kong film maker Wong Kar-Wai, he has shot a stream of pictures that have revolutionised the face of Asian cinema.
The underground economy is nearly half as large as the legal one, reckons Mr Kar.
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Mehul Kar, a recent graduate of the University of Wisconsin-Whitewater, intends to apply to the accelerator as a funding source for CollegeDesis, his planned online portal for college students of South Asian descent.
FORBES: A Start-up Accelerator For A New Generation Of Entrepreneurs
The Auteurs is Cakarel's brainchild: an ambitious former Goldman Sachs banker with a head for technology, he came up with the idea back in 2007 in Tokyo when, with some spare time on his hands, he tried to watch Wong Kar-wai's "In the Mood for Love" on the Internet.
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Since tax evasion is a major driver of the underground economy, efforts to expand the tax base and improve tax collection can help curtail illicit flows, says Kar.
FORBES: India Has Lost At Least A Half-Trillion Dollars To Corruption Since Independence
Here Kar is not suggesting a socialist strategy but rather stepping up to deliver the basics to the masses.
FORBES: India Has Lost At Least A Half-Trillion Dollars To Corruption Since Independence
Cult director Wong Kar-wai was so bothered by expectations that he would take on the handover that he hot-footed it to the Argentine capital.
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