Once upon a time Hong Kong was close to making itself home to one of the world’s most innovative companies – but eventually missed the golden opportunity for both political and economic reasons. Even more sadly, apparently almost no one in Hong Kong realised or cared about the missed opportunity until recently when “start-up” became the...
China-UK Route Opens for Tech E-Trade: Leveraging the Opportunities
Viewpoint by venture capitalist Tytus Michalski of Fresco Advisers contends that tech titans are raising cash at low rates to become more aggressive in acquiring startups. See
One of the main problems facing any startup is how to eventually scale up the business. The key question for Hong Kong is whether it is an ideal place for start-ups to grow. The answer is mixed, depending on whether you view Hong Kong as just a local market or a gateway to the global market. If...
Struggling to think of any strong startup connections between the UK and China? Think again. Incubators, accelerators, tech delegations, stock exchanges, and U.K.-based business leaders are eyeing growth and profits by leveraging opportunities in the Far East. Trade flows have always been strong, but not for tech innovation and venture investment. Now that’s changing as more and more...
Home-grown mobile handset maker Micromax Informatics, which sold as many or even more smartphones in the past couple of quarters than global smartphone leader Samsung in India, is reportedly seeking a valuation of $3-3.5 billion for a potential stake sale. The valuation, which is close to three times its annual sales, is too low compared to its...
“The Creators Code: The Six Essential Skills of Extraordinary Entrepreneurs” recently launched and is getting rave reviews. The book is written by Amy Wilkinson, a strategic adviser and lecturer at the Stanford Graduate School of Business. Read what Walter Isaacson had to say about the book: “Based on 200 interviews with entrepreneurs, this book helps explain the...
China’s social networking site Renren is continuing its strategy of investing in U.S. tech startups with disruptive technology. Adding to its expanding portfolio, Renren has recently invested $5 million in mortgage marketplace Sindeo, based in San Francisco. See earlier Forbes post on Renren strategy of moving outside its core business, both by market sector and geographic...
It’s remarkable to see so many Asian startups placing in the top tier of global companies valued at 1$ billion or more by venture capital firms. See Billion $ Club. China claims the most with eight, followed by India with four. In a signal that the Startup Asia story is spreading throughout the region, South Korea...
Interesting new read and relevant: Women On Board: Insider Secrets To Getting On A Board And Succeeding. This new book by KPMG’s Nancy Calderon and WomenCorporateDirectors Susan Stautberg prepares women to take their seat at the boardroom table and to thrive and add significant value once they get there. Check out Women On Board.
Xiaomi powerhouse Lei Jun has raised a 1 Billion RMB fund – his first – to invest in homegrown Chinese tech startups.
SoFi has funding from China. So does EyeVerify. Why China is investing in disruptive U.S. technology and why U.S. startups are taking it?
Silicon Heartland (Penguin Random House, 2022)
Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder and Going Global (Hachette Book Group, 2019)
Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
Silicon Dragon: How China Is Winning the Tech Race
