Silicon Dragon News 
May 2011 
 May 25 Invite
Beijing Ventures Bloom 

Featuring our who's who:   

Hans Tung, Qiming Ventures  

Jenny Lee, GGV Capital

 Kai-Fu Lee, Innovation Works Richard Hsu, Intel Capital

 Ruby Lu, DCM

Sherry Xiaowei Ying, MoFo

Sonny Wu, GSR Ventures

Daniel Quon, SVB 

Fritz Demopoulos, Qunar

Nelson Griggs, NASDAQ OMX 

Ning Wright, KPMG

 Pat Chan, Borqs

Si Shen, Papaya Mobile

Moderator: Rebecca Fannin


Big deals, winning IPOs, mega funds are springing up in the best season yet for China venture and startups.




Panel /Tech Chats / Q&A


 Cocktail Reception

Buffet Dinner


Tsinghua Science Park 
May 25, 2011,  4pm-8pm 
Thanks to our sponsors
Morrison & Foerster 
SVB Financial Group
 GSR Ventures

Marketing partners:
 Great Wall Club, CCICE,
Mobile MondayShanhgai



DCM and Sequoia 

put $50 million

in online flash sales 

retailer VIPShop for

second round    


Qiming, OrbiMed and CSRC  

invest $28.8 million in

Crown Bioscience 


Papaya Mobile 

lures $18 million from

DCM and Keytone

in series B


IPOs, Listings   

 Renren raises

$743.4 million in

action-packed IPO



Mobile security startup NetQin raises

$89 million in IPO the day

after Renren debut


Chinese dating site

Jiayuan raises

$78.1 million on



Phoenix New Media

reduces pricing for


to raise

$140 million



DT Capital gets

greenlight for new

LP type of RMB fund

 in Shanghai 


IDG-Accel raises

two China funds

totaling $1.3 billion



Yahoo-Alibaba Spat 

Over AliPay: Jack Ma

Needs to Say More

by Gady Epstein @ Forbes


Send News and Views to
Silicon Dragon News







Buy Chinese Edition

China Facebook Race Pits Renren CEO Against Kaixin001 NextGen Entrepreneur

 Kaixin CEO 

If it's the entrepreneur who really matters more than the money or the model behind a startup's success, then the match between the two founders of competing Facebook sites in China - Renren and Kaixin001 - is going to be an interesting one to watch on Wall Street. Kaixin001 is expected to follow the lead of Renren soon. Quiet and unassuming where Chen can be colorful and dynamic, the bio of Cheng Binghao (see Silicon Dragon photo) is a study in contrasts with that of his key rival.


Read Silicon Asia @ ForbesRenren race and Renren IPO.



Venture Deals Heat UP


 Q 1 2011    #deals    amount    %change $       

 China            232       $1.9B       + 95%

  U.S.             661        $6.4B        + 35%

 Global            967        $9.8B        + 20%


Source: Dow Jones VentureSource, Zero2IPO

Note: % change refers to Year over Year growth in amount invested



Just How is China Venture? 



TSPYou don't need a meter to gauge that after two dry years, giant funds, mega deals and big IPOs are springing up in the busiest season yet for China startups. How long will it last? Hard to tell, but I hear echoes of the dotcom boom here. Join us at Silicon Dragon Beijing with our Who Who of VCs to discuss. The venue, Tsinghua Science Park - China's Sand Hill Road - is pictured.


Keep Reading at Silicon Asia @ Forbes: Too Hot







Silicon Dragon Showtime! 

Silicon Dragon is prepping for

Sonny Wu
Sonny Wu of GSR Ventures 

the BIG EVENT in Beijing,

May 25, 4-8PM.    



Silicon Dragon Beijing 2011  



[email protected]


Venue: Tsinghua Science Park

Sunshine Club Atrium 


Check out Silicon Dragon Daily on Twitter at @silicondragon







Sand Hill Road, Feb. 9: Chindia & The Next Frontier

Beijing, May 25: Beijing Ventures Bloom

New York, Sept 8: IPOs, Exits & China Returns 

Silicon Valley, Oct 6: Chinovation 

Shanghai, Nov 7: Startups Battle the BAT

Hong Kong, Nov 9: Venture VIPs

  2011 Events 


Silicon Dragon Will Ring the Bell at NASDAQ closing, Sept. 8! 

Special Invitations Going Out Soon! See you there!


 Rebecca in Mumbai 




For Speaking and Sponsorship Opportunities, contact

[email protected] 



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