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Eduardo Saverin

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Facebook Co-Founder Saverin Sees Opportunities in Asian Tech Growth

Eduardo Saverin, co-founder of Facebook Inc., doesn't expect to repeat the scale of success he had with the popular social network, but says Asia's rapidly expanding consumer market offers fertile ground for fresh innovation and investment."Asia, when you look at the Internet growth and mobile growth, is the center in terms of where the consumer base will be in the future," Mr. Saverin said at The Wall Street Journal's Unleashing Innovation conference in Singapore. "The exponential growth in mobile technology" in the region is creating investment opportunities, he said.China is attractive for its sheer size, while Japan and South Korea offer "more developed, robust and monetizable" markets, said the Brazilian-born billionaire, who is assessing opportunities on a five to ten year investment horizon, particularly in start-ups focused on improving interactive consumer experience.Mr. Saverin, who co-founded Facebook with chief executive Mark Zuckerberg and other Harvard students in 2004, a...

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