SILICON DRAGON NEWS
SiliconDragonventures.com                                           Nov. 8, 2016
 
Silicon Dragon
Awards
   
....
Presenting 
 
* Top VC 
& Founder 
of the Year
 
  * Pitches & Prizes
(Did we say op to
pitch
Richard Branson?)

Forbes Asia 
30 under 30
Preview:
Tech Chats  
 

FEATURING
Xing Liu
Sequoia Capital
 
Edith Yeung
500 Startups

Jeffrey Chi
Vickers Venture

Melissa Guzy
Arbor Ventures

James Mi
Lightspeed Venture

Grace Yun Xia
Tencent
....
Chris Burch
Shenzhen Capital
.....
When:
Nov. 17, 5-9pm
Program
Cocktails and Canapes
 
Where:
23rd floor, KPMG,
Hysan Place,
Hong Kong
....
Partner 
Events

Asia Society
China Investment in Real Estate Report
Shenzhen, Nov. 15
Shanghai, Nov. 17
More Info

Asian American
Business Roundtable Summit
January 11-13
Las Vegas
 
More info

Crowdfunding
Regulation A+
Boot Camp
November 10
New York City

 

Subscribe to 

Silicon Dragon News

 

TWITTER

@silicondragon


 
FACEBOOK 

  

WeChat
SiliconDragon
 
RebeccaFannin

 WeChat  

 

 

MOBILE APP

 

ANDROID 

......

APPLE

 

 
Hollywood - China
Batman movie producers Michael and David Uslan, Rebecca Fannin, Elizabeth Dell of PGA's China Task Force, in LA
China's Growing Soft Power In
Hollywood & The Valley

In another sign of China's growing soft power in the U.S., Chinese mogul Wang Jianlin, who's been scooping up US entertainment companies for Dalian Wanda Group, just bought the all-American Dick Clark Productions for an eye-popping $1 billion. China's richest man now owns the Golden Globes, American Music Awards and Billboard Music Awards - as well as AMC Theaters.
The China to Hollywood story is similar to what's unfolding in Silicon Valley, where Chinese conglomerates have been paying large sums to buy into innovative Silicon Valley tech companies.
Mark Rafalowski, EVP-International Distribution at Dick Clark Productions, was recently on a panel at Silicon Dragon about US-China entertainment deals. You can see the video clip of the panel here,
Silicon Dragon LA 2016.  
There was almost a hint that a deal could be coming!  
     NEWS & TRENDS
LeEco chairman Jia Yueting is admitting that the conglomerate's quick expansion plans and new ventures have led to a cash crunch and a slowdown in its pace of growth. This comes just weeks after a lavish media event in San Francisco to launch smartphones, TV sets and connected content in the U.S. and four months after its $2 billion acquisition of Los Angeles-based TV maker Vizio.
In a letter to employees, Jia wrote that LeEco would focus on existing businesses instead of new ones.  An electric car plant in Nevada could be in question given the financial issues. 
Read  Troubled LeEco in Bloomberg Technology.

One of the earlier venture firms investing in China, Qiming Venture Partners has reached a final closing for its 4 th RMB fund, drawing the equivalent of $222 million.

Alibaba, going from strength to strength, recorded a strong third quarter, with revenues up 55% year over year to $5.1 billion. The company's core commerce business grew 41% in the same time period to $4.3 billion.

INDIA
Chennai-based SaaS startup Freshdesk landed a $55 Million, 6 th financing round led by Sequoia Capital India along with Accel India.

Chennai-based software as a service startup Zarget has raised $6 million in Series A funding led by Sequoia Capital India with Matrix Partners and Accel India.

Silicon Dragon 2017    
SILICON DRAGON 2017
FLAGSHIP EVENTS

China's Tech Impact in the U.S.
featuring Tencent's WeChat
The Tech Triangle: Israel, China, U.S.  

Plus Lots More!  
 

                     JOIN THE
           SILICON DRAGON CIRCLE
  

Connect Israel China

John Sun of Singularity University, Richard Xu of Alpha Startups, Rebecca Fannin, and David Chen of HYSTA at the California Israel Business Summit.
Note the China interest in Israel.
That's why Silicon Dragon is holding its second forum in Tel Aviv: The Tech Triangle.

Join us February 20  at the
Tel Aviv Stock Exchange