Startups and Fundings in Asia
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This document compares startup ecosystems and funding in Hong Kong, Beijing, Taiwan, and Singapore. It notes that each location has accelerators, incubators, government support for startups, and venture capital funds. However, the author recommends that Hong Kong startups focus first on organic growth before seeking external funding, and invites the reader to join his Startup College initiative to share experiences and find jobs/mentors.
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- 1. Startups and Fundings in Asia A Comparison between HK, Beijing, Taiwan and Singapore Peter Choi ( @peterchoi / @snapshock )
- 2. Peter Choi • MSc MBCS PMP CISA CISSP • 7 jobs in 8 years (“strategic” hopper…) • First startup: 2004 (newsy) • Now • Committee member, BCS (HK Section) • Taekwondo coach for 16 years
- 3. 2008 : Hiwave Dry Seafood • http://hiwave.starrygift.com • Family business for 3 gens • Physical store at Sai Kung • Chinese wedding betrothal gift • iPhone apps – soup recipes “ 日行一膳” • Featured in Google market report “The Connected Harbour” • http://www.connectedharbour.hk
- 4. Beijing (Sept 2011) • 36Kr (China Techcrunch) • 車庫咖啡 • Innovation Works (China YC) • Matrix China, IDG • Hong Konger is not an edge • Referral rules, start using weibo
- 5. Taiwan (March 2012) • Echelon 2012 Taiwan Satellite • TMI, Appworks (TW YC) • Startup Weekend, Startup Labs • Yushan Ventures… • Government support (co-work space) • Yahoo is King
- 6. Singapore (April 2012) • Echelon 2012 • E27 ( Techcrunch in Singapore ) • Angels Gate • Intensive Government support, matching funds • People thinks HK = China • Maybe a goldmine, but not yet for you.
- 7. Japan, S. Korea, Malaysia, Philippines • Startup Dating (JP) • More VC from Japan • SE Asia, try Blackberry !! • If HK is close to China, you can consider Malaysia
- 8. Hong Kong • StartupsHK, Startup College, Barcamp, Web Wednesday, Startup Weekend… • BootHK, HK Common, CoCoon, Startup Commune • Cyberport, Science Park, SERAP • Unity please.
- 9. In Conclusion… ORGANIC GROWTH FIRST !!
- 11. Startup College • Startup Tech Blog (startupcollege.hk) • Startup Database • Startup JobsDB • Monthly event (experience sharing) • Annual Pitch Day RECRUITING, JOIN ME !!
- 12. Thank You !! Keep in Touch : Peter Choi peter.choi@snapshock.com Twitter: @peterchoi weibo.com/peterchoicm