Silicon Dragon                           NEWS                                           June 2014  
  Featured Event:
NY 2014:
June 25
China, Israel, India, U.S.
Featured Speakers:
VC /Angel / Dealmaker Panel: 
Jon Medved, Founder and CEO,
Harry Hui, Founder and Managing Partner, ClearVue Partners  
Nazar Yasin, Managing Partner,
Rise Capital
David Rose, CEO, Gust, and
Author, Angel Investing
Tony Florence, General Partner, NEA
Brian Cohen, Chairman, NY Angels and Author, What Every Angel Investor Wants You To Know
Tech Chats
  Vicky Wu, Co-Founder, ZaoZao
Nirmal Mulye, President,
Nostrum Energy

Bernd Schoner, Founder, ThingMagic and Author, "The Tech Entrepreneurs' Survival Guide" 

Moderators: Rebecca Fannin, Silicon Dragon (MC); Tim Ferguson, Editor, Forbes Asia; Bill Holstein, Business Journalist and Author, The Next American Economy  
Location: Overseas Press Club/
Club Quarters
40 W. 45th Street
Time: 5-8pm 
Tickets include full program plus
cocktail reception
Thanks to our Sponsors
and marketing partners
TechStars, Tech Trailblazers, OPC
David Rose
Our NYC program on June 25 just so happens to feature the authors of three new books on venture capital, 
angel investing and tech entrepreneurship




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Signing Startup Asia book for new Silicon Dragon Circle member Stephen Terry, VP Finance, Azure International, Beijing  


+ Guest pass to a Silicon Dragon program

 + Discount tickets for you and a  colleague to Silicon Dragon events

 + VIP Invites to roundtables and special dinners and luncheons

 + autographed Startup Asia book


China Club VIP dinner, Hong Kong   

John Chrisman of law firm Dorsey with Tytus Michalski of Fresco Capital and Jonathan Watkin, Asia First Financial Intelligence
Morgan Stanley banker Godwin Chan with Qiming VC Nisa Leung
Wei Hopeman of Arbor Ventures with Michael Yao, Sequoia Capital China



  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, Awards
November 20, Bangalore


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inquiries, please email

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  Silicon Dragon News is edited by
Rebecca Fannin.









VC / Angel Panel 

Anna Fang, Zhen Fund; Ramon Zeng, DCM; Richard Hsu, Intel Capital; William Bao Bean, SingTel Innov8, Rui Ma, 500 Startups


Dealmaker Spotlight


Tech Chats


Si Shen, Papaya Mobile 


Tina Shi, Qunar


Alan Guo, LightInTheBox



 Silicon Dragon Beijing 2014

May 15, Four Seasons Hotel


Thanks to our sponsors:

Sidley, KPMG, Highland Capital Partners, Cyberport


and our marketing /media partners:

AngelVest, MobileMonday Shanghai, Red Pagoda,

Marbridge Daily, Startup Digest  






Our Crowd closes the large sum of $25 million funding in a second round, on top of an earlier $5.5 million, in the equity crowdfunding sector.  The investment will be used to expand the Israeli-based group's reach globally and support its platform that includes 36 portfolio company teams and 4,000 accredited investors. Another $43 million has been raised by OurCrowd investors for its portfolio companies. Serial entrepreneur Jon Medved, OurCrowd founder and CEO, is the mastermind behind this initiative. 

Medved will be speaking at Silicon Dragon's global program in NYC, June 25.      




Jumei IPO in the U.S. Shows Surge of Dragon Power 

Venture capital and angel investors in China's online cosmetics retailer Jumei, which went public May 16 on the NYSE, scored huge returns from small investments made in the startup founded just four years ago by Stanford MBA grad Leo Ou Chen, now China's newest billionaire. The IPO showcases the billions can be made in a short period of time in China's tech race - both by entrepreneurs and their venture backers as China tech IPOs in the U.S. add up this year. Read Forbes, Dragon Surge. Gains in NASDAQ debut, Creates 1 More China Tech Billionaire Inc., the Chinese online retailer that handled more than $20 billion of purchases on its website last year, rose in its New York trading debut after a larger-than-expected initial public offering.

Spending over the Internet and mobile in China is expected to boom, even as the nation's economic growth slows.'s debut bodes well for Alibaba's IPO. Read Bloomberg: Lift.  


Facebook Looks To Tiptoe Into China

Reports of Facebook opening an office in China have been hinted at ever since Mark Zuckerberg visited China a few years ago and met with several of China's leading Internet entrepreneurs to scope out the market.

The Facebook move into China is a small step of opening an ad sales office rather than a giant leap of China market entry.  The one-step-at-a time strategy could be a good one. Read Tiptoe at Forbes.


Softbank Gets Into P2P Lending Craze

Softbank China & India gets in on China's peer-to-peer lending craze with $10 million, Series A investment in Edai, based in Chengdu. Venture capitalists are  searching inland for China opportunities.

Another deal in the same sector was Lightspeed China's recent Series B financing in Hong Kong-based PPDai, backed originally by Sequoia Capital China.  


AppAnnie Deal Reflects China Outbound Investment Trend 

AppAnnie raises $17 million from existing investors Greycroft Partners, IDG Capital and Sequoia Capital and acquires Amsterdam-based rival Distimo.






India's Startup Journey Gets Into Faster Lane With Flipkart, Myntra Deals

India startups are on a roll, catching up with China's lead after long being in the shadows.

The latest deal making in India certainly showcases the trend. Indian e-commerce company Flipkart just raised a large $210 million sum from Russian investors DST Global as well as returning backers Tiger Global, Naspers Naspers and others. The new financing follows a recent move by Flipkart to acquire fashion retailing site Myntra, which also is venture backed.

These developments follow the course of China's own startup journey. Copy many of the most successful business models from the west and tweak them for the local market, raise money mostly from overseas venture investors, ramp up quickly and either consolidate or go public. See India's Startup Journey at Forbes.


Sequoia Capital has raised $530 million for its fourth India-focused fund, targeting technology, consumer and healthcare sectors. The fund will also invest in Southeast Asia, a growing area of venture interest. For more background on Sequoia Capital's India team and its portfolio companies, read  Startup Asia.  


Sandeep Murthy buys out India portfolio from KPCB and Sherpalo Ventures and launches new venture fund Lighbox to invest in tech companies that can be built globally from India.


Norwest Venture Partners and Bertelsmann have co-invested in, an Indian online marketplace selling furniture and home accessories.



Taxi-calling app GrabTaxi has raised $15 million from GGV Capital, Qunar and return investor Vertex Venture. Apps to hail cabs have taken off in Asia's bustling cities.  


DCM portfolio company Kakao Corp. in South Korea agrees to acquire the second-largest Internet player in the nation, with plans to list on the Kosdaq by the end of 2014.


South Korean e-commerce platform Coupang raises $100 million funding led by Sequoia Capital in deal that reportedly values the startup at more than $1 billion.



Silicon Dragon: GETTING QUOTED

San Jose Mercury News: More Silicon Valley Money Headed to China Startups: See Silicon Dragon quotes



Why Australia Startups Could Look More Toward China

See Business Insider Australia: Fannin Talk at CeBIT 





posing with ABAF panelists Michael Yao, Sequoia Capital China and Zhu Jianhuan, IDG Capital                                



Speaker: CeBIT Australia

 VC Investment Trends

Web Forward

May 5-7, 2014   Sydney


For slides of my talk about Bridging the Gap for Australia Venture Capital, contact



Moderator: The Asian Business Angel Forum 2014

May 21-22, 2014    Hong Kong




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