An introduction to mainland China's current situation in terms of an early stage technology companies ecosystems - what's there and what's missing? What does a technopreneur need to do to prepare?
Provides insights and a ‘stepping stone’ to daring Singaporean and other foreign start-up companies with innovative products / services that want to get in the Chinese mainland market.
Angels, VCs and Fundraising in China 2010Chris Evdemon
This presentation explains the current status in China's early stage ecosystem, in terms of angel investors and venture capital. It also provides aspiring entrepreneurs with some advice on the local fundraising process.
Technopreneurship and the Early Stage Ecosystem in China in 2013Chris Evdemon
20 slides about everything you should know on the state of the Chinese internet, the start-up community and resources available to entrepreneurs in China in 2013.
Opportunities in China's Startup EcosystemZhenFund
The 2013 update from ZhenFund on the state of China's technology startup ecosystem. Last time we outlined the 3C's 2E's in understanding the differences between China and Silicon Valley. This year we focus on some of the positive trends we see developing in the startup ecosystem.
Why Thailand is a Great Place to Build and Launch Your StartupArdent Capital
Deck by aCommerce CEO, Paul Srivorakul on Thailand's growing startup ecosystem and possible opportunities for entrepreneurs looking to enter Southeast Asia.
Provides insights and a ‘stepping stone’ to daring Singaporean and other foreign start-up companies with innovative products / services that want to get in the Chinese mainland market.
Angels, VCs and Fundraising in China 2010Chris Evdemon
This presentation explains the current status in China's early stage ecosystem, in terms of angel investors and venture capital. It also provides aspiring entrepreneurs with some advice on the local fundraising process.
Technopreneurship and the Early Stage Ecosystem in China in 2013Chris Evdemon
20 slides about everything you should know on the state of the Chinese internet, the start-up community and resources available to entrepreneurs in China in 2013.
Opportunities in China's Startup EcosystemZhenFund
The 2013 update from ZhenFund on the state of China's technology startup ecosystem. Last time we outlined the 3C's 2E's in understanding the differences between China and Silicon Valley. This year we focus on some of the positive trends we see developing in the startup ecosystem.
Why Thailand is a Great Place to Build and Launch Your StartupArdent Capital
Deck by aCommerce CEO, Paul Srivorakul on Thailand's growing startup ecosystem and possible opportunities for entrepreneurs looking to enter Southeast Asia.
A crash course on Korean Startup Ecosystem based on a presentation given on Startup Korea Roundtable event held at D.CAMP on 28 April, 2015.(For any errors or correction request, please contact hahn.ryu@dcamp.kr. Special thanks to Startup Alliance and G3Partners.
Innovation is everywhere - Malaysia Innovation Ecosystem and Startup SceneInnovation is Everywhere
Malaysia is a rather small country in populous South-East Asia, with 29 million inhabitants, North of Singapore and south of Thailand, with a "peninsular" part and half the island of Borneo (shared with Indonesia).
Malaysia has been early to invest a lot in high technology and has a Silicon Valley of its own since 1997. Is infrastructure enough to create conditions for innovation?
In this presentation, we share the milestones of Malaysia as an innovation ecosystem, we identify their best practices (in particular the neat organization of the Global Entrepreneurship Summit in Kuala Lumpur) and assess their strengths and weaknesses.
Read more about us as we roam the world to explore the emerging markets startups scenes, from Iran to Chile, from China to Nigeria.
Reach us at: martin@innovationiseverywhere
Innovation is Everywhere
Nigeria... Yes, it's big, ugly, dangerous, poor, too big, too hot, too rainy. And it's Africa's biggest country and economy, so the potential for startups and entrepreneurs is huge.
During our trip to Lagos to attend the Mobile West Africa 2014 conference, we listened to the speakers, met the key players of the local tech ecosystem, and were amazed, just like all the other emerging markets we explore, by the creativity, the will, and the startups we saw.
Take the trip with us to dive into Nigeria's startup scene. As usual, we love to look back in time to see what are the milestones explaining why the country is where it is today. Oddly enough, Nigeria has long been a very isolated country, with few exports else than natural resources.
Since Nollywood and the most creative movie industry of the continent, it's changing.
Despite the kilometric list of challenges the country is facing, a lot of spots and startups are to be discussed. Wecyclers, BudgIT are among the secret gems we discovered in Lagos, and for sure, there's more than that.
1. Introduction to the Startup Ecosystem
2. Startups in Hong Kong
3. Community builders
4. Government support & Universities
5. Incubator and Accelerator Programs
6. Competitions, events
7. Talent's corner
8. Co-working spaces
9. Venture Capital
10. Resources
11. References
2017 HONG KONG STARTUP ECOSYSTEM TOOLBOX V2.0 WHub
W Hub has teamed up with the key players of the startup scene to create the ultimate Hong Kong Startup Ecosystem Toolbox.
Key Findings:
- Why choose Hong Kong to startup
- Exponential growth with 2,500+ startups
- Growing, diverse ecosystem (you would be surprised)
- Gap in funding
- Recent exits, IPO and money raised
- Community builders (62)
- Government support, universities, co-working spaces, incubators and accelerators
- Resources (talent corner, competitions and events)
[HATCH! REVIEW] Studying the demand of Start-ups for Supporting Activities in...HATCH! PROGRAM
[HATCH! REVIEW]
Studying the demand of Start-ups for Supporting Activities in Vietnam.
Recently, the ICT entrepreneurial scene in Vietnam has become more inclusive. This is definitely good for the economy with more dynamic and innovative companies contributing to the economy. However, the survival rates of them are low comparing to other countries in the region such as Singapore and Thailand. There are a lot of reasons causing the differences among survival rate of startup in different countries. One of the decisive reasons is the impact of supporting services to the establishment and long-term development of startups.
Researchers:
Dat Le Viet - Co-founder, HATCH! PROGRAM
Nguyen Quang Huy - Research Analyst Intern, IDG Ventures Vietnam
Does silicon valley style work in your place?Taka Kondo
In many places, people have been trying to build their own “Silicon Valley”. But none of them were successful as long as I know. Look at the world from a different perspective, there should be better examples. It might be old but new style. This slide shows my thoughts on starting a business outside USA.
TVCA’s Thai Startup Founders Survey 2016 explores the background and opinion of 30 founders/co-founders of technology startup companies based in or focusing on Thailand market on various topics including the founders’ background, company profile and their opinion on the Thailand ecosystem in general.
This Barcelona Tech Startup Guide gives you an overview of what is happening in the Porto startup ecosystem. If your startup, organization or initiative isn't in our list, please let us know. Send us an email to hello@startuptour.org.
A crash course on Korean Startup Ecosystem based on a presentation given on Startup Korea Roundtable event held at D.CAMP on 28 April, 2015.(For any errors or correction request, please contact hahn.ryu@dcamp.kr. Special thanks to Startup Alliance and G3Partners.
Innovation is everywhere - Malaysia Innovation Ecosystem and Startup SceneInnovation is Everywhere
Malaysia is a rather small country in populous South-East Asia, with 29 million inhabitants, North of Singapore and south of Thailand, with a "peninsular" part and half the island of Borneo (shared with Indonesia).
Malaysia has been early to invest a lot in high technology and has a Silicon Valley of its own since 1997. Is infrastructure enough to create conditions for innovation?
In this presentation, we share the milestones of Malaysia as an innovation ecosystem, we identify their best practices (in particular the neat organization of the Global Entrepreneurship Summit in Kuala Lumpur) and assess their strengths and weaknesses.
Read more about us as we roam the world to explore the emerging markets startups scenes, from Iran to Chile, from China to Nigeria.
Reach us at: martin@innovationiseverywhere
Innovation is Everywhere
Nigeria... Yes, it's big, ugly, dangerous, poor, too big, too hot, too rainy. And it's Africa's biggest country and economy, so the potential for startups and entrepreneurs is huge.
During our trip to Lagos to attend the Mobile West Africa 2014 conference, we listened to the speakers, met the key players of the local tech ecosystem, and were amazed, just like all the other emerging markets we explore, by the creativity, the will, and the startups we saw.
Take the trip with us to dive into Nigeria's startup scene. As usual, we love to look back in time to see what are the milestones explaining why the country is where it is today. Oddly enough, Nigeria has long been a very isolated country, with few exports else than natural resources.
Since Nollywood and the most creative movie industry of the continent, it's changing.
Despite the kilometric list of challenges the country is facing, a lot of spots and startups are to be discussed. Wecyclers, BudgIT are among the secret gems we discovered in Lagos, and for sure, there's more than that.
1. Introduction to the Startup Ecosystem
2. Startups in Hong Kong
3. Community builders
4. Government support & Universities
5. Incubator and Accelerator Programs
6. Competitions, events
7. Talent's corner
8. Co-working spaces
9. Venture Capital
10. Resources
11. References
2017 HONG KONG STARTUP ECOSYSTEM TOOLBOX V2.0 WHub
W Hub has teamed up with the key players of the startup scene to create the ultimate Hong Kong Startup Ecosystem Toolbox.
Key Findings:
- Why choose Hong Kong to startup
- Exponential growth with 2,500+ startups
- Growing, diverse ecosystem (you would be surprised)
- Gap in funding
- Recent exits, IPO and money raised
- Community builders (62)
- Government support, universities, co-working spaces, incubators and accelerators
- Resources (talent corner, competitions and events)
[HATCH! REVIEW] Studying the demand of Start-ups for Supporting Activities in...HATCH! PROGRAM
[HATCH! REVIEW]
Studying the demand of Start-ups for Supporting Activities in Vietnam.
Recently, the ICT entrepreneurial scene in Vietnam has become more inclusive. This is definitely good for the economy with more dynamic and innovative companies contributing to the economy. However, the survival rates of them are low comparing to other countries in the region such as Singapore and Thailand. There are a lot of reasons causing the differences among survival rate of startup in different countries. One of the decisive reasons is the impact of supporting services to the establishment and long-term development of startups.
Researchers:
Dat Le Viet - Co-founder, HATCH! PROGRAM
Nguyen Quang Huy - Research Analyst Intern, IDG Ventures Vietnam
Does silicon valley style work in your place?Taka Kondo
In many places, people have been trying to build their own “Silicon Valley”. But none of them were successful as long as I know. Look at the world from a different perspective, there should be better examples. It might be old but new style. This slide shows my thoughts on starting a business outside USA.
TVCA’s Thai Startup Founders Survey 2016 explores the background and opinion of 30 founders/co-founders of technology startup companies based in or focusing on Thailand market on various topics including the founders’ background, company profile and their opinion on the Thailand ecosystem in general.
This Barcelona Tech Startup Guide gives you an overview of what is happening in the Porto startup ecosystem. If your startup, organization or initiative isn't in our list, please let us know. Send us an email to hello@startuptour.org.
Talk given in Beijing in April 2009 on new media in China for a group of EU managers. Some interesting data comparing US and China web companies for data lovers.
Disruptive innovation creates new market and reshapes existing one. To achieve growth in a fast-changing world, you want to be a disruptor, don't be disrupted!
Understand
1. the China E market and how to use social / digital marketing to tap into the market.
2. the habits and trends of the modern Chinese consumer.
3. the strategy of Baidu, Alibaba and Tencent.
4. the evolution of E commerce in China .
5. the future of China AI and 5G market .
With this presentation, you'll undestand :
- Why what is happening in China should matter to you
- How the BATX are disrupting several industries, starting with finance, logistics and healthcare
- Which technologies and business models the BATX believe will be game changers
Dr. Kai-Fu Lee's Talk on Innovation with Chinese characteristics. Videos
(Part 1) https://freeflowapp.com/v/et97qv (Part 2) https://freeflowapp.com/v/5uyqyg
US venture arm, www.ideabulb.vc
China venture arm, www.chuangxin.com
More on Kai-Fu Lee,
http://en.wikipedia.org/wiki/Kai-Fu_Lee
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Buy Verified PayPal Account | Buy Google 5 Star Reviewsusawebmarket
Buy Verified PayPal Account
Looking to buy verified PayPal accounts? Discover 7 expert tips for safely purchasing a verified PayPal account in 2024. Ensure security and reliability for your transactions.
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Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Technopreneurship, Incubation and Angel Investments in China
1. Technopreneurship, Incubation and Early Stage Investments in China Chris Evdemon (易可睿) Investments & Business Development Manager, Innovation Works Director, Business Angels Network South-East Asia (BANSEA) Founding Member, China Business Angels Network (CBAN) May 2010 1
2. Is there an early stage ecosystem in China? Macro – is there a big enough market and where are the market opportunities? Entrepreneurship – are there talent, drive, skills and ideas? Incubation– are there real ‘turnkey’ services for start-ups? Early Stage Investors– is there an early stage investors community? Ecosystem– are all these components combined together in a conducive environment? Preparation– what do I need to do to get started?
6. Most consumers do not care about brand, although more and more people are starting to have brand awareness.
7. The consumer market is still very fragmentedfor most product / service categories.
8. Top tier cities (e.g. Beijing, Shanghai, etc.) are already becoming expensive and very competitive. The ‘new’ potential is in 2nd and 3rd tier cities.
9. Emerging middle class has only just started to pay attention to diet, fitness, and a healthy lifestyle.
10. Women have recently started to buy accessories, cosmetics, fancy lingerie, etc. in order to enhance their sense of well-being and self-respect.
12. Market research and other statistical information is usually unreliable.But there is a unique set of challenges … Macro
13. Sina $2.2B Sohu $1.9B NetEase $4.5B Tencent $38B Baidu $25B Shanda $3B Giant $1.8B Perfect World $1.7B Mobile Internet & E-Commerce:Catalyst for the third wave Technology companies Baidu, Tencent, Shanda rose from the ashes of dot-com bust. Web portals in late 1990’s created the first boom. Second Wave First Wave We anticipate an explosive third wave propelled by Mobile Internet, E-commerce, Online Gaming and Cloud Computing. Third Wave Valuation of Listed Companies Mature Market Major Opportunities MOBILE INTERNET E-COMMERCE ONLINE GAMING CLOUDCOMPUTING Macro
28. Google : entry in 2005, share went up from 10% to 35%; exited mainland China andmoved to HK in 2010Chinese Internet has been lucrative: Alibaba Tencent Baidu US $100 Billion + Macro
29. How is the Chinese Internet different? Government regulations Usage Differences(Chart below: more entertainment) User Demographics Differences(average age: U.S. 42 / China 25 years old) Sociologic differences Greater reliance on the Internet for information Users are more exploring in nature Users like densely populated information Chinese Users American Users 10 sec. spent on result page 30-60 sec. spent on result page Macro
30. How is the Chinese Internet different? Internet Café usage > 30% Entertainment centric and content-heavy Music is nearly all unlicensed Video is heavily (but not richly) monetized P2P is extremely popular SNS transitionfrom copycat to localized Blogging rate is much higher than U.S. Mobile will be the explosive growth-catalyst E-commerce is ready to shift from C2C to B2C Gaming RPG flat, but casual / social growing Cloud computing will create a software industry Innovation Works Focus Macro
42. SNS and crowd-sourcing sites that are not copiable but monetizable, as advertising value increasesValue proposition needs to be clear: Amazon: 1-6 360buy: 3, 4, 5 Dianping: 1, 2 Taobao: 3, 4, 6 SaaS, cloud Macro
43. What is very tough to do in China … Simple-minded copying of American darlings Social games in China (no open platform) or U.S. (tough) Logistics-driven e-commerce (if not your strength) MMORPG games (only ~10% growth, hit-driven) Macro
57. What do early-adopter young users want? Top 10 Desired Apps Top 5 Android Apps Smart Dialer Web Search Localized SMS Email IM (QQ, MSN) Browser Music Player Maps Games Youtube E-book Reader Camera & Photo News & Micro-blogging Video SNS (Renren, Kaixin) Macro
58. Today Chinese entrepreneurship is in transition. Few home-grown role models although gradually a new class of serial entrepreneurs is emerging. Entrepreneurship is still a new concept for local graduates – there is peer and family pressure towards ‘secure’ corporate jobs. Older generation is risk averse but grass-roots entrepreneurship from young people in their late 20s and early 30s is rapidly improving, especially in the TMT sector. A number of Chinese entrepreneurs dubbed “returnees” (from Australia, Europe and especially the U.S.) with prior overseas entrepreneurial experiences are coming back to start their own companies. Entrepreneurship in China Entrepreneurship
68. Zhong Guan Cun(in Beijing’s northwest corner) is still China’s best approach to a Silicon Valley ecosystem. Clear priority to nurture hi-tech innovation start-ups and create an early stage investment environment. Tax incentives’ scheme. Surrounded by about 50 universities incl. Tsinghua, Beida and Beihang, over 1,000 research institutes, a software park, 150 incubators and >10,000 hi-tech start-ups. “Real-estate minded” incubation, few added value services, no service oriented mentality and lack of expertise / skills required. Many “incubators” but no real incubation … Incubation / Ecosystem
69.
70. 2008 was a historical high, 2009 a logical correction, 2010 will be a real test.China’s VC market is cooling down? Early Stage
71.
72. Current crisis will slow down but will it greatly hurt the VC market in China? The fundamentals of the Chinese economy are still strong - investment opportunities are still here.
73. There is a major shift from offshore USD funds to domestic RMB funds, from a 70% - 30% split in 2008 to 30% - 70% in 2009. Early Stage
76. In the U.S. Series A and B rounds typically account for over 45% of total funds invested.
77. In the U.S. information technology attracted ~40% of 2009 investment.… but where is Early Stage?! Early Stage
78. … and where is my trade sale exit?! Negligible domestic and cross-border M&A activity takes away one of the most important exit routes for early stage technology investors. Early Stage
79.
80. However, the stock markets in Shanghai and in Shenzhen continue to rapidly improveespecially in terms of shortening post-IPO lock up, transparency, etc.
81. Government also launched a genuine (?) Growth Enterprises Board (GEB), termed as “China’s NASDAQ”.
82. Shenzhen’s SME board has already proved to be an exit option for VC investment in China for potentially more than 10x returns in a period of 3-4 years. Improving local IPO market … Early Stage
83. Legal issues – a lot of regulations (new, neither mature nor tested). Innovationis still predominantly university and government driven. Image of Venture Capitalin the eyes of young Chinese entrepreneurs is that of a cash provider, no more (no appreciation of added value). Deal sourcing and closing is still “guanxi”-based: “only with people I know personally” or “through my network”. Vast majority of VCs go for the ‘low hanging fruit’, i.e. later stage, lower risk, higher transparency, pre-IPO type of investments. Very few VCs are truly early-stage-minded and have the necessary experience and skill-set. Local governmentsincreasingly act as a direct investor and/or a LP – what are the implications? Early stage environment concerns … Early Stage
84. Investment CAYMAN / BVI HONG KONG OFFSHORE IN CHINA Contract Licenses LOCAL COMPANY WFOE Transfer Pricing Legal complexity – the “SINA” structure Early Stage
87. In last three years, he has helped several companies get more than $150 million in total in follow-up capital.
88. Before his involvement, UCWeb cannot get funded, now it has two rounds of investment for more than $40 million and more than 40 million active users.Early Stage
90. Initial strategic decisions are a usually crucial component for a start-up company’s success or failure. In China flexibility is even more key. Preparatory trips. Spend significant amount of time in China. Develop “guanxi” (关系) or social capital networks to access information and to establish and maintain business relationships. Choose the right local partners! Select and setup the right legal structure: SINA vs. joint venture. Establish a clear pathway to exit. Implement corporate governance and shareholder rights. Manage intellectual property (if you have any). Research, comprehend and ‘navigate’ the complex political and regulatory environment to your competitive advantage. Preparation for China entry Preparation
91. Study and learn from best practices in foreign markets, bring your ‘know how’, add your own “secret sauce”, but … Understand the Chinese local market and adapt your products and business model to the local Chinese context. Where in the value chain is your place in China? Know your competition. You can safely assume it is already done. Find out who, how, where, etc. Add managerial and technical value to grow the local team that most likely does not have much international experience. Choose your location: Beijing vs. Shanghai vs. 2nd tier cities. Government lobbying? Customer facing? Cost basis? Talent hiring? Can you get local government incentives? Brush up your Mandarin! Preparation for China entry Preparation
92. These slides are at:http://www.slideshare.net/evdemon You can find Chris at: http://twitter.com/evdemonhttp://t.sina.com.cn/evdemon Thank you!