Dave McClure is known for courting controversy.
Speaking at the Echelon technology conference in Singapore, the entrepreneur and angel investor had some salient advice for Asian entrepreneurs: "Good students aren't always good entrepreneurs."
"Entrepreneurship is usually about people executing in the face of other folks telling them that it's not going to work. Companies that tend to survive are the rebels," he added.
McClure founded 500 Startups, a venture capital firm whose popular incubator program in Silicon Valley famously turned down car-sharing app Uber.
"I must say I have turned down several great companies, so I'd probably say I have to keep learning," McClure said.
The 48-year-old said there are promising startup hubs springing up in Asia, and believes it's only a matter of time before the local tech scene comes of age.
"There's been entrepreneurs working in the Valley for probably 50-60 years," he said. "It's not to say that you can't create that in other places, but I think people are a little bit impatient about creating the next Silicon Valley."