www.silicondragonventures.com NEWS April 2014

  Featured Event:



SILICON DRAGON

CYBERPORT 2014

April 15

Showcasing Innovations

in Technology and

Finance with a

China Spin

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Featured Speakers:

Ron Cao, Managing Partner, Lightspeed China, talks about his investment in bitcoin exchange

BTC China

Zach Smith, Founder, Makerbot, chats about how his team revolutionized

3-D printing

Venture Capital and

Dealmaker Panel

Cyril Ebersweiler, SOS Ventures

Jack Jia, GSR Ventures

Xing Liu, Sequoia Capital China

Edith Yeung, Right Ventures

Felix Lam, Red Chapel Advisors

Mae Wong, Focus Ventures

Benjamin Qiu, Cooley

Adam Lindemann, Mind Fund

Tech Chats with founders

of hardware, energy, fashion and biomedical startups

Jonathan Buford, Makible

Rex Sham, Insight Robotics

Ilissa Howard, Milk & Honey Shoes

Winnie Leung, eNano Health

Commentators/Moderators:

Casey Lau, Benjamin Joffe,

Tytus Michalski, Napolean Biggs,

Lawrence Morgan

April 15, 2014

Hong Kong Cyberport

4-9PM

Cocktails and Dinner Buffet

Thanks to our Sponsors

Cooley

KPMG

HK Cyberport

Presenting

Silicon Dragon 2014 Global Events

February 7, London

March 13, San Francisco

April 15, HK Cyberport

May 15, Beijing

June 25, New York

August 21, Sydney

September 18, Shanghai

October 2, Silicon Valley

November 13, HK Awards

November 20, Bangalore

UPCOMING EVENT:

BEIJING, MAY 15

VC and Tech SuperStars Size Up China's Tech Economy

Microsoft Asia-Pacific Headquarters

Tower 1, No. 5 Danling Street,

Floor 1

Haidian District, Beijing

May 15, 2014 6-9PM

Speakers:

David Chao, General Partner, DCM

Chuan Thor, Managing Director, Highland Capital Partners

Anna Fang, GM, Zhen Fund

Joseph Chan, Partner, Sidley

William Bao Bean, MD, SingTel Innov8

Hongyi Zhou, Co-founder & CEO, Qihoo 360 Technology

Alan Guo, Co-founder, CEO,

Light in the Box

Moderators:

Frank Yu, Co-founder, Kwestr & Curator, Startup Digest

Kang Zhou, Business Development Manager, Amazon

For speaking and sponsorship inquiries, please email

events@silicondragonventures.com

See Silicon Dragon 2014

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Membership Benefits

+ Discount tickets to Silicon Dragon

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+ authographed Startup Asia book

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Posing with venture investors Claudia Fan Munce of IBM Venture Capital Group and Scott Sandell of NEA, and NVCA chairman.

GTS, held at Draper University, San Mateo

QUOTABLE

"China is in a 50-year tech bubble."

Scott Sandell, NEA

VC Soo Boon Koh of iGlobe with Silicon Dragon at ASVEN event, Stanford University

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VIDEO CLIPS

Silicon Dragon News is edited by

Rebecca Fannin.

news@silicondragonventures.com

Silicon Dragon SF 2014:

Spotlight - Victoria Wu, a key driver of Tencent's WeChat acceleration in the U.S.,

with Rebecca Fannin

Tencent is taking the expansion of its popular WeChat social messaging app into the U.S. market quite seriously, as well it should considering the recent $19 billion acquisition of rival service Whatsapp by Facebook. The Chinese social media giant has hired Victoria Wu, a 30-something, articulate Stanford MBA grad with Boston Consulting and startup smarts as its ambassador for the WeChat brand in the U.S.

Read Forbes post, WeChat.

Highlights: San Francisco, March 13

VC Dealmakers: Chris Evdemon, Nazar Yasim, Mavis Ye, David Lam, Jim Boettcher, Hans Tung, Alex Hartigan

Crowd scene at venue PCH International in SF design district

Fog City Captures East-West Cultures

Leading venture capitalists and tech entrepreneurs are settling in San Francisco for its vibrant startup scene and capitalizing on international strategies here. They're scaling companies in e-commerce, gaming, wearables, the Internet of things, and more with backing from Jerry Yang, John Sculley,

Marissa Mayer, Jack Ma, Kai-fu Lee, Vinod Khosla, Marc Andreessen and Li Ka-shing.

Despite many would-be Silicon Valleys around the world, the Bay Area continues to be a focal point for innovation, blending east and west. Examples include

gaming tech player Kamcord, fitness tracker Misfit Wearables, ecommerce startup Wish and soial gaming company FunPlus. Tech founders Sonny Vu and Matt Zitzmann, pictured, spoke at Silicon Dragon. Read Forbes post, Fog City Tech.

See more photos and videos

from Silicon Dragon SF event

Post event on the patio for BBQ and drinks:

Christine Lu, Diana Ding, Rebecca Fannin, PCH CEO Liam Casey

Credits: Colyer Dupont, photos; DingDing.TV, videos

NEWS

DEALS, FUNDS, TRENDS: IN THE FLOW

China Counts on Forbes Midas 2014 List

About 20% of the top 100 venture capitalists ranked on the Forbes Midas list have been active deal makers in China. Among them are VCs Hans Tung (center), Jenny Lee, Richard Liu, Neil Shen, Hurst Lin, David Yuan -- and
all are in the Silicon Dragon network!

See Forbes post on Midas List:

China Matters and Full Midas List.

China Bitcoin exchange BTC China backed by Lightspeed Faces Cooldown. Ceyuan funds rival OKCoin with $10M.

See Silicon Dragon Video with CEO Bobby King, at CoinSummit in San Francisco.

Read Forbes post, BTC China.

China tech economy heats up with Alibaba IPO in the wings and two new venture funds from stalwarts DCM and Qiming. Read Forbes post, heating up.

FunPlus raises $74 million from lead Orchid Asia, with GSR and Steamboat, post- Silicon Dragon stage in SF.

Alibaba invests $215 million in messaging app Tango in California in trend of Chinese tech acquirers in U.S.

On a roll, Alibaba pays $629 million for 35% stake in China department store operator Intime and agrees to buy 60% of HK-listed ChinaVision Media Group.

Tencent agrees to take 15% stake in Chinese e-commerce site JD.com, an Alibaba rival, for $215 million.

Yunfeng Capital, formed by Alibaba's Jack Ma and former Focus Media exec David Yu, is raising a $1 billion fund for private equity investing in China's TMT, healthcare and consumer product sectors.

Tencent leads investment in mobile e-commerce platform MMB.cn for $200 million with MediaTek of Taiwan and Sequoia Capital in tow.

DCM leads $8 million deal in Chinese property portal

Meiaoju for buyers of overseas real estate

GSR Ventures invests $580 million in Shenzhen cleantech company Wuhan Kaidi Electric Power.

Mobile app platform Wandoujia picks up follow-on funding from Goldman Sachs in $120 million round now closing. See Wandoujia at Forbes.com.

SINGAPORE

Temasek's Vertex Venture to invest $5 million in first round funding for Shanghai-based mobile study tool developer Xuebajun.

INDIA

Accel India and Horizon Ventures put $1 million in tea commerce site Teabox.

General Atlantic invests undisclosed sum in India's Citrus Tech, a healthcare technology services provider.

Music service Rdio in the U.S. acquires India's VC-backed Dhingana, a social music streaming service backed by Inventus Capital Partners, Helion Venture Partners and Lightspeed Venture Partners.

Online jeweler Bluestone gains $10 million in deal led by Kalaari Capital after round including Accel.

Mayfield invests another $6 million in online alarm system Securens.

AUSTRALIASIA

Mitsui leads $60 million financing in New Zealand cleantech startup Lanza Tech. Read Forbes post on my visit with Lanza CEO and "why I did not see any cows all week in New Zealand."

Valar Ventures and Square Peg Ventures team up to invest $20 million in New Zealand's Vend, a point-of-sale software solution.

TRENDSPOTTING

The Rise of Anti-Capitalism: "THE unresolved question is, how will this economy of the future function when millions of people can make and share goods and services nearly free?"

New York Times opinion piece

Speaking Appearances

Speaker: Silicon Valley Crowd Funding Conference

April 3-4, 2014 Palo Alto, CA

Enter promotional code SiliconDragon for 40% discount

Speaker: CeBIT Australia

May 5-7, 2014 Sydney

Moderator: The Asian Business Angel Forum 2014

May 21-22, 2014 Hong Kong

PARTNER EVENTS

Asia Society: China Investment Surge in U.S. High Tech

April 1, 2014 San Francisco

AAMA: The New Payments Frontier

April 17, 2014 San Francisco

	KINDLE OFFER Fans of the Kindle electronic reading device can order a digital edition of Startup Asia for only $13.99. Just click Kindle. You can also buy Silicon Dragon on Kindle!