Digital Silk Road

Benjamin Joffe
Benjamin JoffePartner @ SOSV / Digital Naturalist / Speaker / Angel Investor
The Digital Silk Road
Collaboration beyond Culture




         Benjamin Joffe, CEO
  Open Web Asia | Seoul | October 2008
Digital Silk Road
When was it invented?
Europe
Gutemberg | ~1450

     Korea
  Metal | ~1230

     China
 Wooden | ~1040
Who came first?
Where do you get inspiration from?
Innovations are bound to happen
Innovations change society
Digital Silk Road
General assumption #1

Everything from USA is   great
General assumption #2

Everything from Asia is    weird
          (and sometimes funny)
Asian Inventions
   Eastern Influences
East-West Collaborations
Compass
Paper
Italy   (15th   century)   Ming vase?
Digital Silk Road
Digital Silk Road
Digital Silk Road
Digital Silk Road
Some digital examples
100%


           80%

                                           USA
           60%
3G users




           40%

                       Chin         Japa
           20%         a            n


            0%
                  0%          20%            40%   60%   80%

           % of Internet connections measured above 5Mbps
                            (Source: Akamai)
Broadband?




  Broadband       Broadband
from 200 Kbps     100 Mbps
Broadband?




Walking man     F22 Raptor
  5 km/h        2,500 km/h
#2 economy, #1 mobile society

#1 mobile & Internet population

#1 digital society
Digital Silk Road
Digital Silk Road
“Social Networking
 Is Not a Business”

MIT Technology Review
  July/August 2008
Digital Silk Road
Starting date



2004   1997   1999   2004   2006
Revenues 2007 (USD)




150 mln   520 mln   ~200 mln   100 mln   150 mln
Profit 2007 (USD)




(50 mln)   225 mln   ~100 mln   35 mln   ~60 mln
Average Revenue From Users



~0%   87%   80%   5%   50%
Digital Silk Road
Digital Silk Road
Digital Silk Road
Learn from the proven models
         of yesterday
Tomorrow’s models
  are born today
About +8*
There are more ideas
outside your country
          than inside




          Tom Kelley
          CEO, IDEO
  The 10 faces of Innovation
“Innovation Arbitrage”
• About us
   – +8* | Plus Eight Star is the leading cross-market and cross-cultural consultancy in Asia.
   – We provide local expertise & global perspective on mobile and Internet innovation from
     China, Japan and South Korea to add value to and accelerate the development of our
     clients’ businesses.

• Our services
   – Analysis of proven best practices and business models from Asia
   – Other services: executive study trips, market entry strategy, M&A advisory, partners
     identification, negotiation support.

• Founder & CEO: Benjamin Joffe
   –   9 years experience with mobile & Internet in Asia
   –   Selected among “China’s Top 100 mobile industry influencers” in 2007
   –   Regular speaker at events on mobile and Internet in Asia
   –   Fluent in English, Japanese, French with working knowledge of Mandarin, Korean and
       Spanish
Selected References
•   Adidas | E-commerce strategy for China, Japan & Korea

•   Bouygues Telecom | Cases studies of leading Asian Web 2.0 services
    and virtual worlds

•   Deutsche Telekom / T-Online | Benchmark of Korean mobile & Internet
    convergence strategies

•   Hemisphere | Analysis of mobile marketing best practices in Japan and
    South Korea (Hemisphere is a leading digital advertising agency),
    analysis of leading social platforms (SNS, virtual worlds, online games).

•   Microsoft | Analysis of Japan’s key players and market catalysts for
    mobile commerce market positioning in China

•   DeNA | Case studies of the best practices of leading social networks in
    China and South Korea (DeNA operates Mobile Game Town, Japan’s
    leading mobile SNS service)

•   China Mobile | Benchmark of Korean leading online communities

•   Sands Capital Management | Evaluation of China’s investment
    opportunities in social networks in China
Social Work
• Mobile Monday
   – Founder of the Mobile Monday forum in Beijing since 2006 (3,000+
     members, 23 events, over 80 presentations).

• Media
   – Monthly column on Asian innovation for Asian Business Leaders (one of
     the leading Chinese business magazines), numerous interviews in
     international media.


• Events
   – Regular keynote speaker and moderator at Internet, Telecom, Media and
     Investment events
      e.g. ITU Asia, Asia Venture Capital Forum, China Mobility International Summit,
      O’Reilly’s Graphing Social Patterns, Red Herring Asia, Media 08 Conference,
      Wireless Developer Forum, Open Web Asia, XMediaLab, Mobile Monday Global
      Summit, etc.)
Contact Us

www.plus8star.com

benjamin@plus8star.com

benjamin0123                           +81 | Japan

                                       +82 | Korea
http://twitter.com/plus8star           +86 | China

                                    Telecom & Internet
www.linkedin.com/in/benjaminjoffe     + Added Value

                                      * High quality
www.slideshare.net/plus8star
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Digital Silk Road

  • 1. The Digital Silk Road Collaboration beyond Culture Benjamin Joffe, CEO Open Web Asia | Seoul | October 2008
  • 3. When was it invented?
  • 4. Europe Gutemberg | ~1450 Korea Metal | ~1230 China Wooden | ~1040
  • 6. Where do you get inspiration from?
  • 10. General assumption #1 Everything from USA is great
  • 11. General assumption #2 Everything from Asia is weird (and sometimes funny)
  • 12. Asian Inventions Eastern Influences East-West Collaborations
  • 14. Paper
  • 15. Italy (15th century) Ming vase?
  • 21. 100% 80% USA 60% 3G users 40% Chin Japa 20% a n 0% 0% 20% 40% 60% 80% % of Internet connections measured above 5Mbps (Source: Akamai)
  • 22. Broadband? Broadband Broadband from 200 Kbps 100 Mbps
  • 23. Broadband? Walking man F22 Raptor 5 km/h 2,500 km/h
  • 24. #2 economy, #1 mobile society #1 mobile & Internet population #1 digital society
  • 27. “Social Networking Is Not a Business” MIT Technology Review July/August 2008
  • 29. Starting date 2004 1997 1999 2004 2006
  • 30. Revenues 2007 (USD) 150 mln 520 mln ~200 mln 100 mln 150 mln
  • 31. Profit 2007 (USD) (50 mln) 225 mln ~100 mln 35 mln ~60 mln
  • 32. Average Revenue From Users ~0% 87% 80% 5% 50%
  • 36. Learn from the proven models of yesterday
  • 37. Tomorrow’s models are born today
  • 39. There are more ideas outside your country than inside Tom Kelley CEO, IDEO The 10 faces of Innovation
  • 40. “Innovation Arbitrage” • About us – +8* | Plus Eight Star is the leading cross-market and cross-cultural consultancy in Asia. – We provide local expertise & global perspective on mobile and Internet innovation from China, Japan and South Korea to add value to and accelerate the development of our clients’ businesses. • Our services – Analysis of proven best practices and business models from Asia – Other services: executive study trips, market entry strategy, M&A advisory, partners identification, negotiation support. • Founder & CEO: Benjamin Joffe – 9 years experience with mobile & Internet in Asia – Selected among “China’s Top 100 mobile industry influencers” in 2007 – Regular speaker at events on mobile and Internet in Asia – Fluent in English, Japanese, French with working knowledge of Mandarin, Korean and Spanish
  • 41. Selected References • Adidas | E-commerce strategy for China, Japan & Korea • Bouygues Telecom | Cases studies of leading Asian Web 2.0 services and virtual worlds • Deutsche Telekom / T-Online | Benchmark of Korean mobile & Internet convergence strategies • Hemisphere | Analysis of mobile marketing best practices in Japan and South Korea (Hemisphere is a leading digital advertising agency), analysis of leading social platforms (SNS, virtual worlds, online games). • Microsoft | Analysis of Japan’s key players and market catalysts for mobile commerce market positioning in China • DeNA | Case studies of the best practices of leading social networks in China and South Korea (DeNA operates Mobile Game Town, Japan’s leading mobile SNS service) • China Mobile | Benchmark of Korean leading online communities • Sands Capital Management | Evaluation of China’s investment opportunities in social networks in China
  • 42. Social Work • Mobile Monday – Founder of the Mobile Monday forum in Beijing since 2006 (3,000+ members, 23 events, over 80 presentations). • Media – Monthly column on Asian innovation for Asian Business Leaders (one of the leading Chinese business magazines), numerous interviews in international media. • Events – Regular keynote speaker and moderator at Internet, Telecom, Media and Investment events e.g. ITU Asia, Asia Venture Capital Forum, China Mobility International Summit, O’Reilly’s Graphing Social Patterns, Red Herring Asia, Media 08 Conference, Wireless Developer Forum, Open Web Asia, XMediaLab, Mobile Monday Global Summit, etc.)
  • 43. Contact Us www.plus8star.com benjamin@plus8star.com benjamin0123 +81 | Japan +82 | Korea http://twitter.com/plus8star +86 | China Telecom & Internet www.linkedin.com/in/benjaminjoffe + Added Value * High quality www.slideshare.net/plus8star