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FEATURED EVENT
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New York 2017:
Around the World
In Ventures
June 21, 2-6pm
at Nasdaq, Times Square
featuring
Venture Investors
Jim Robinson
RRE Ventures
Brian Cohen
NY Angels
Oliver Mitchell
Autonomy Ventures
Mason Du
HBS Alumni Angels
NEW BOOK TALK
Scott Hartley
VC and Author,
The Fuzzie & The Techie
UPDATE:
Technion Lands In NY
Ron Brachman
Jacobs Technion-
Cornell Institute
12 SELECT PITCHES
Apply to pitch:
email for info:
events@SiliconDragonve
ntures.com
Thanks to Sponsors
Sidley, Nasdaq, OTEC
_________________
NEXT
Silicon Dragon
LA 2017
"Chollywood!"
Featuring deals by
Wanda, Alibaba,
Tencent & More!
Pasadena
Convention
Center
July 26
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UPCOMING TALKS
China Institute for Business/ SUNY China's Silicon Valley, Rebecca Fannin May 30, 2017, 6pm
New York City
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Join The
MC at SVEF 2017 in
Silicon Valley, May 2
Moderator at
Crowd Fund Beat with panelists Craig Denlinger, Sheryl Hunter and Blaine McLauglin in DC, May 4
More updates
Silicon Dragon at WeChat
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China Innovations Hit The Runway In NY
Chinese innovation was very much on display at the annual fashion gala held May 7 by the China Institute and China Beauty Charity Fund in Tribeca.
Pictured above: fashion designer Vivienne Tam, TV host, producer and chair of the event Yue-Sai Kan, model Carmen dell'Orefice, and photographer Chen Man, one of the honorees along with designer Lan Yu.
In one more example of China setting innovation trends, the livestreaming market hasn't really taken off in the U.S., but the Chinese mobile livestreaming market is already huge.
Some 324 million people in China - or about half the country's online population - have used a live broadcasting service. Among millennials, live streaming has been used by 83%. Moreover, the number of overall users is predicted to grow to 414 million this year in China.
Livestreaming revenues in China have been growing quickly, led by the popularity of such social networking apps as Nasdaq-listed Momo, as well as Chinese tech titans Tencent, Taobao and Weibo.
Why is l
ivestreaming so popular in China?
Silicon Dragon's Rebecca Fannin was a guest on the
China Business Cast podcast. She compared startup ecosystems around the world and talked about her career.
Read more and hear podcast.
NOTEWORTHY
Hollywood did a double take when the Chinese conglomerate Dalian Wanda Group shelled out $3.5 billion for
Legendary Entertainment last year. Then, Wanda announced it was paying $1 billion for
Dick Clark Productions - a deal that the Chinese government blocked in a curb of overseas investment. But Wanda is not giving up.
In an
Jack Gao - the company's overseas point man - lays out Wanda's typically aggressive vision for rebooting Legendary and transforming it into a global media player.
Panda Express founders have donated $30 million to Caltech in hopes of inspiring other immigrants.
DEALS
Tencent and Sequoia Capital China have put $51 million into Powerbank, a power charger rental startup in Beijing. After bike rental, will sharing of smartphone chargers be next?
Cherubic Ventures has invested in China-based VeeR VR, a global community of VR video lovers and creators to discover VR video content.
TAIWAN
AppWorks Ventures, a Taiwan accelerator with a large alumni network in the region, is raising its third fund of about $100 million targeting e-commerce and O2O startups in Southeast Asia looking to expand to Taiwan.
AUSTRALIA
Gobi Ventures and Sequoia Capital China have begun scouring Australia for more startups following their $17.3 million financing of Melbourne-based fintech startup Airwallex. VCs Steven Ji from Sequoia and Chibo Tang from Gobi were in Australia this past week on the search for the next hit.
INDIA
The Indian co-working space has heated up, almost as much as it has in the U.S. and China. The latest deal in this sector is a $20 million investment by Sequoia Capital India in Indian co-working space provider Awfis, based in Delhi.
WeWork, which has been expanding overseas, also has entered the Indian market, opening spaces in Bangalore and Mumbai. Other entrants include 91 Springboard, Skootr and Smartworks. India's startup community is expected to reach 11,5000 tech startups by 2020.
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FEATURED VIDEO
Panelists: Jenny Lee, GGV Capital; William Bao Bean, SOSV; Edith Yeung, 500 Startups; Michael Zhu, Gobi Ventures; Patrick Loofbourrow, Cooley with moderator Rebecca Fannin, Silicon Dragon Beijing 2017, April 26
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