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Nuclear accident sends Lip-Bu Tan down a different and successful career path

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America's worst nuclear disaster was responsible for getting Lip-Bu Tan into the venture capital business.

In 1979, Mr Tan was studying for a PhD in nuclear engineering at the Massachusetts Institute of Technology (MIT) when the Three-Mile Island accident intervened in his plans for a career in the nuclear energy industry.

'That pretty much killed the industry in the US,' Mr Tan recalled.

He abandoned the programme, graduating with a master's degree, and went to work in Silicon Valley.

Twenty-one years later, Mr Tan is regarded by many as the pioneer of venture capital in Asia.

Walden International Investment Group, the Silicon Valley-based company Mr Tan founded in 1987, today manages about US$1.1 billion of assets across 33 funds focused on the Asia-Pacific region.

Its success stories read like a roll-call of Asia's technology stars: Creative Technology, Premisys Communications, GVC, Centillium Communications, MediaRing, and Sina.com, to name just a few.

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