SlideShare a Scribd company logo
Startups 
ASIA 
byCASEYLAU.com 
EAST MEETS WEST 2014 
in
• Born and raised in Vancouver, 
spent a few years in Kahala 
Elementary and been in HK 
since the handover. 
• Co-founded and sold HK’s first 
e-commerce Dotcom in 2000. 
• 3 more startups - 1 sold, 1 
crashed and 1 continues 
without me.
STARTUPS 
in less than10 slides 
HK 
the 
story
HONG KONG AS 
TECH HUB 
‣ Silicon Valley’s ecosystem is currently CYBERPORT 3X bigger than New York City, 4.5X bigger than London + 12.5X 
bigger than Berlin. London is the largest technology ecosystem in Europe. 
‣ SV’s ecosystem has 22% more companies in the “scale stage” than in NYC and 54% more than in London. CIRCA 2009
STARTUP MONDAYS CIRCA 2009
BOOT HK HONG KONG’S FIRST STARTUP CO-WORKSPACE 
CIRCA 2010
STARTUP MONDAYS CIRCA 2010
STARTUP SATURDAY 2010
6 TO 6000 MEMBERS
500+ ATTENDEE 
CONFERENCES
http://www.startupshk.com/wp-content/uploads/2013/11/image_Snapseed.jpg 
PITCH CLUB
INVESTMENTS 
‣ MailTime: US$500K 
‣ Notey: US$500K 
‣ SnapTee: US$650K 
‣ OpenBall: US$750K 
‣ HotelQuickly: US$1.1 million 
‣ Grana: US$1 million 
‣ AfterShip: US$1 million 
‣ Bindo: US$1.8 million 
‣ 9Gag: US$2.8 million 
‣ GoGoVan: US$6.5 million
EXITS
18 
5-MINUTE TOUR HONG KONG 
CO-WORKSPACES
THE HIVE
COCOON
THE GOOD LAB
‣ PaperClipHK 
‣ Sheung Wan 
‣ Academy 
‣ Desks 
‣ Eventspace 
PAPERCLIP ACADEMY
GARAGE SOCIETY
SMART-SPACE
StartupsHK.com
Startbase.HK
Startup Jobs
SINGAPORE 
TAIPEI 
SEOUL 
TOKYO 
JAKARTA BORACAY
Startup Ecosystems 
in Asia 
Infrastruture Regulation Financing Talent Technology Culture 
China 
Hong Kong 
India 
Indonesia 
Japan 
Korea 
Malaysia 
Philippines 
Singapore 
Taiwan 
Thailand 
Vietnam
ASIAN CYNICISM 
‣ Parental restrictions 
‣ Property/Stocks 
‣ Bank hiring 
‣ Low tech education 
‣ Role Models 
‣ Globalization 
‣ Fear of Failure
SINGAPORE 
‣ Singapore government has allotted massive funding, 
schemes and matching budgets for startups. 
‣ Lots of co-workspace. 
‣ Lots of angels and investment groups. 
‣ Government subsidies. 
‣ Growth forces them to look Pan-Asia. 
‣ English/Mandarin.
TAIWAN 
‣ Low-cost, good English, Taipei is great. 
‣ Major tech hardware brands. 
‣ 23 million population. 17 million+ online. 60% Facebook 
penetration. 
‣ Low seeds and NO Series A. 
‣ Good place to start if you want to go global but NOT 
China.
CHINA 
‣ Think big. Then think even bigger. Then x100. 
‣ A billion dollar startup < 10 different billion dollar 
startups. 
‣ Can create a hit in a single A-class city. 
‣ Barriers to entry/exit. 
‣ Beijing is Silicon Valley East. 
‣ HK no longer a gateway to China: 
IF you want to go to China, GO to China!
KOREA 
‣ Next big tech sector in Asia. 
‣ K-Pop, Korean Dramas = viki.com = US$200million. 
‣ Samsung not driving innovation. 
‣ Government set aside $4B for creative economy, 
$400mm just for startups early stage investments. 
‣ Not a market, Korean ideas don't always 
translate.
JAPAN 
‣ What works in Japan not always scalable, cultural. 
‣ Tokyo, Osaka and Fukuoka startup hubs. 
‣ NOT a naturally entrepreneurial country. 
‣ Amazing ideas, all in Japanese. 
‣ Preach globalization, but long way to go, but who cares 
seed to IPO all in Japan.
SOUTH EAST ASIA 
‣ Malaysia: Growing, angel funds, tax benefits. 
‣ Thailand: Growing market. 
‣ Indonesia: Mass growth market. 
‣ Vietnam: Developing market. 
‣ Philippines: Geeks on a Beach!
Startups
TAKEAWAYS 
• Look to Asia to expand your 
startup. 
• Look to Asia to build a startup 
(something missing in the 
cracks = A LOT!). 
• Look to Asia for talent.
WRAPPING IT ALL UP 
• APAC is growing super-fast. Korea and 
Singapore have money and drive. 
• SEA coming in fast with market boom. 
• Japan and China doing their own 
thing. 
• Hong Kong a soft landings but no 
longer a “gateway to China.” 
• Trends: Hardware, eCommerce, Uber 
of whatever.
Casey Lau Startups in Asia

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Casey Lau Startups in Asia

  • 1. Startups ASIA byCASEYLAU.com EAST MEETS WEST 2014 in
  • 2. • Born and raised in Vancouver, spent a few years in Kahala Elementary and been in HK since the handover. • Co-founded and sold HK’s first e-commerce Dotcom in 2000. • 3 more startups - 1 sold, 1 crashed and 1 continues without me.
  • 3.
  • 4. STARTUPS in less than10 slides HK the story
  • 5. HONG KONG AS TECH HUB ‣ Silicon Valley’s ecosystem is currently CYBERPORT 3X bigger than New York City, 4.5X bigger than London + 12.5X bigger than Berlin. London is the largest technology ecosystem in Europe. ‣ SV’s ecosystem has 22% more companies in the “scale stage” than in NYC and 54% more than in London. CIRCA 2009
  • 6.
  • 8. BOOT HK HONG KONG’S FIRST STARTUP CO-WORKSPACE CIRCA 2010
  • 11. 6 TO 6000 MEMBERS
  • 13.
  • 15.
  • 16. INVESTMENTS ‣ MailTime: US$500K ‣ Notey: US$500K ‣ SnapTee: US$650K ‣ OpenBall: US$750K ‣ HotelQuickly: US$1.1 million ‣ Grana: US$1 million ‣ AfterShip: US$1 million ‣ Bindo: US$1.8 million ‣ 9Gag: US$2.8 million ‣ GoGoVan: US$6.5 million
  • 17. EXITS
  • 18. 18 5-MINUTE TOUR HONG KONG CO-WORKSPACES
  • 22. ‣ PaperClipHK ‣ Sheung Wan ‣ Academy ‣ Desks ‣ Eventspace PAPERCLIP ACADEMY
  • 28.
  • 29.
  • 30. SINGAPORE TAIPEI SEOUL TOKYO JAKARTA BORACAY
  • 31. Startup Ecosystems in Asia Infrastruture Regulation Financing Talent Technology Culture China Hong Kong India Indonesia Japan Korea Malaysia Philippines Singapore Taiwan Thailand Vietnam
  • 32. ASIAN CYNICISM ‣ Parental restrictions ‣ Property/Stocks ‣ Bank hiring ‣ Low tech education ‣ Role Models ‣ Globalization ‣ Fear of Failure
  • 33. SINGAPORE ‣ Singapore government has allotted massive funding, schemes and matching budgets for startups. ‣ Lots of co-workspace. ‣ Lots of angels and investment groups. ‣ Government subsidies. ‣ Growth forces them to look Pan-Asia. ‣ English/Mandarin.
  • 34.
  • 35. TAIWAN ‣ Low-cost, good English, Taipei is great. ‣ Major tech hardware brands. ‣ 23 million population. 17 million+ online. 60% Facebook penetration. ‣ Low seeds and NO Series A. ‣ Good place to start if you want to go global but NOT China.
  • 36.
  • 37. CHINA ‣ Think big. Then think even bigger. Then x100. ‣ A billion dollar startup < 10 different billion dollar startups. ‣ Can create a hit in a single A-class city. ‣ Barriers to entry/exit. ‣ Beijing is Silicon Valley East. ‣ HK no longer a gateway to China: IF you want to go to China, GO to China!
  • 38.
  • 39. KOREA ‣ Next big tech sector in Asia. ‣ K-Pop, Korean Dramas = viki.com = US$200million. ‣ Samsung not driving innovation. ‣ Government set aside $4B for creative economy, $400mm just for startups early stage investments. ‣ Not a market, Korean ideas don't always translate.
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  • 41. JAPAN ‣ What works in Japan not always scalable, cultural. ‣ Tokyo, Osaka and Fukuoka startup hubs. ‣ NOT a naturally entrepreneurial country. ‣ Amazing ideas, all in Japanese. ‣ Preach globalization, but long way to go, but who cares seed to IPO all in Japan.
  • 42.
  • 43. SOUTH EAST ASIA ‣ Malaysia: Growing, angel funds, tax benefits. ‣ Thailand: Growing market. ‣ Indonesia: Mass growth market. ‣ Vietnam: Developing market. ‣ Philippines: Geeks on a Beach!
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  • 48. TAKEAWAYS • Look to Asia to expand your startup. • Look to Asia to build a startup (something missing in the cracks = A LOT!). • Look to Asia for talent.
  • 49. WRAPPING IT ALL UP • APAC is growing super-fast. Korea and Singapore have money and drive. • SEA coming in fast with market boom. • Japan and China doing their own thing. • Hong Kong a soft landings but no longer a “gateway to China.” • Trends: Hardware, eCommerce, Uber of whatever.