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BEIJING 2012
May 31
The Rise of the Serial Entrepreneur
SIGN UP HERE
Panelists:
Hurst Lin, Partner, DCM
Neil Shen, Founding Managing Partner, Sequoia Capital China
Chuan Luo, CEO, AppChina
James Mi, Managing Director, Lightspeed Venture Partners
Xing Wang, CEO, Meituan
Derek Ling, CEO, Tianji
Tong Li, CEO, Hengzhi.cc
Frank Yu, CEO, Kwestr
Chris Evdemon, Partner, Innovation Works
Andy Tian, General Manager, Zynga China
Moderator: Rebecca Fannin, Silicon Dragon
May 31, 4-8pm
Tech Chats, Venture Panel,
Q&A, Networking, Cocktail Reception
 | | Neil Shen, Sequoia Capital China |
Sponsored by Sidley Austin, KPMG, NASDAQ OMX and DCM |
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BUY
STARTUP ASIA
Startup Asia Editions for Vietnam and China Coming Soon, thanks to VinaBook and CITIC Press Write Your
Review on Amazon See Startup Asia Tour Album and Media Clips. |
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TALKS
SuperReturn China
Beijing, March 29
'China's Golden Era of
Early Stage Investing?'
Harvard Club of NY
India Group, April 3
Rotary Club
Lancaster, Ohio
Ohio University, Athens
April 9
Startup Asia Seattle
with Washington State China
Relations Council
Asian Business Forum
Seattle, April 16
REGISTER
Startup Asia Portland
with Northwest China Council
Portland, May 1
China Deal
San Francisco, May 2
Bay Area Council
San Francisco, May 10
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Youku Deal to Buy Tudou: Bittersweet? |
 | | Gary Wang, Co-Founder of Tudou in Shanghai, Silicon Dragon photo, circa 2008 |
I recall meeting with Garyu Wang, a co-founder of Tudou, in Shanghai in 2006 when he first picked up venture funding for his startup. That seems light years away now, as China's Internet market rapidly matures and consolidation of industry players becomes inevitable.
The deal by Youku to buy Tudou is only the beginning. As more companies bulk up into market leaders in China through mergers and acquisitions, it will be more challenging for startups to break through. See Forbes post, Bittersweet.
Kai-Fu Lee Shares 3 Tips for Startup Asia Entrepreneurs
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Startup Asia author Rebecca Fannin with Kai-Fu Lee in
Hong Kong |
Kai-Fu Lee: "My first advice is don't think your idea will change the world, but understand the trend. My second advice is focus and simplify. The third thing is, don't go it alone." Excerpted from our Startup Asia interview in Hong Kong, November 2011. Read more tips at my Forbes post. Raffles, Starbucks, Big Macs Make It in China, But Not India A look at the hotel business in China and India can tell a lot about some key economic differences between the rising dragon and tiger nation. Read more at Silicon Asia. |
TRACKING VENTURE DEALS, FUNDS, IPOs, M&As and Musings In CHINA | | |
FUNDS
Kleiner Perkins will out on both coasts soon to raise its next fund at $600 million.
Fidelity Investment plans to launch a China venture fund next year at $250 million.
DEALS
Spreadtrum Communications Inc, a fabless semiconductor provider in China, has invested $10 million in Micromax Informatics Ltd., an Indian mobile brand.
M&As
The top two players in China's burgeoning online video market -- Tudou and Youku -- signed a definitive agreement to combine in a 100 percent stock-for-stock transaction, expected to be completed by the third quarter of 2012. Upon completion, Youku and Tudou shareholders will own approximately 71.5 percent and 28.5 percent of the combined company, respectively, which will be named Youku Tudou Inc., and continue to be listed on the NYSE under the symbol "YOKU". In addition to being one of the largest public M&A transactions in China, if completed, this will be the first merger between two unrelated, U.S.-listed public companies in China.
IPOs
China's flash sales website, Vipshop, backed by Sequoia and DCM, is in the IPO cue with a target of $125 million. Deutsche Bank and Goldman Sachs are the lead underwriters. It's the first Chinese company to tap the U.S. stock market since Tudou last August, after a number of Chinese stocks flopped in the accounting controversies set off by Longtop and reverse merg ers.
FYI
Beijing air pollution and the Chinese Communist Party. The Economist.
Welcome to the New China Bashing. This time it may be different. See FT.
Why China Is Suddenly Content With 7.5 Percent Growth. Businessweek
China's soverign wealth fund CIC works on funding mechanism. WSJ
After a seven year gap, Hong Kong's Li Ka-shing reclaims the top spot as Asia's richest. Forbes Asia Richest 2012.
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