SILICON DRAGON NEWS
SiliconDragonventures.com                                       May 21, 2017         
FEATURED EVENT 
Silicon Dragon 
New York 2017 
 
June 21
at Nasdaq, Times Square

Silicon Dragon NY 2017

New York's Global
Innovation Revolution

featuring
Venture Dealmakers 
 
Jim Robinson  
RRE Ventures
Brian Cohen
 NY Angels / 
David Teten
HOF Capital
Oliver Mitchell
Autonomy Ventures
Mason Du
HBS Alumni Angels
Wendy Cai
Oenus Capital
Mary Darby
CKGSB
Peter Hsieh
Acorn Pacific Ventures

VC /STARTUP TALK
Kamran Ansari
Pinterest / Greycroft 

NEW BOOK TALK
Scott Hartley
VC and Author, 
The Fuzzie & The Techie

BRIEFING 
Technion Lands In NY 
Ron Brachman
Jacobs Technion-
Cornell Institute

15 SELECT PITCHES


Thanks to Sponsors
Sidley, Nasdaq, OTEC

_________________

NEXT

Silicon Dragon
LA 2017
"Chollywood!" 

Featuring deals by 
Wanda, Alibaba, 
Tencent & More! 

Pasadena 
Convention  Center
July 26 
 


PARTNER EVENTS

 

Global Emerging Leaders
CKGSB - Cornell University
Executive Education
New York City / Ithaca
June 11-17
Enroll
20% discount: silicondragon20
 

 

 

UPCOMING TALKS
 
Chinese Business Series
SUNY Global Center, NY
China's Tech Revolution

 May 30, 2017, 6pm

RSVP

 

Join The 

Technion - Silicon Dragon
Silicon Dragon's Rebecca Fannin attending 2017 graduation celebration for Technion-Cornell Institute in
New York City.  


Around the World Video With
Silicon Dragon Ventures


Follow Silicon Dragon at
    
@SiliconDragon


From cross-border investment to tech leadership to trade to the role of media, bilateral U.S.-China relations are at a crucial inflection point, emphasized speakers at a recent Committee of 100's annual conference in DC and a China Institute forum in New York City.
In a telling opinion survey by C100 of 5,000 influentials, both Chinese and American sides noted less trusting and favorable attitudes compared with five years ago. Millennials, however, weighed in with more positive impressions about cross-border U.S.-China partnerships, trade and investment.
Read Forbes: US-China Crossroads.

How Chinese can relate to Trump and his close-knit family and business dealings came up as a C100 topic. 
Quotable
" A son-in-law with great influence, a family business...the Trump family couldn't be more Chinese." Dennis Wilder, a professor at Georgetown University and a former director for East Asian Affairs at the National Security Council.
Wendy Cai, Sheryl WuDunn
No end in sight for regulatory curbs on China to U.S. investment was highlighted at the China Institute/SupChina forum.   
Quotables
"The curb is meaningful and real."
Wendy Cai
, CEO & Founder, Oenus Capital

" We should take a deep breath on this side of the ocean and make the China government more comfortable with U.S. investment."
Lanlan Zhang, vice chairman of CICC US Securities

  NEWS & TRENDS
Chinese outbound investment fell by 67 percent in the first four months of 2017, according to Bloomberg, the biggest decline since 2009.
The drop comes after a record year in 2016, when Chinese firms bought $246 billion worth of foreign assets. Tighter capital controls to shore up China's currency and promote investment within the country are likely to blame. Regulators now discourage splashy real estate deals abroad and investments by Chinese companies in overseas assets that aren't strictly related to their business. The Real Deal
...
Tencent's on top in China, but how does it stack up to counterparts Apple, Facebook, Google
Forbes Asia  
...
VCs flock to China's latest on-demand service: rental of portable smartphone battery chargers. Already, $145 million has been invested in 22 battery rental startups. 
The Information 
....
China's LeEco aims to slash U.S. jobs amid global pullback. 
...
Valley-obsessed Indian startups now turn to China for ideas.  
...
Amid an ethics fracas over White House connections, Kushner executives have pulled out of an EB-5, five-city  roadshow in China promoting a Jersey City luxury apartment building. The roadshow is continuing without Kushner family representation.   The Real Deal 

DEALS & FUNDS
Japanese VC firm  GREE Ventures closed on a second fund of $67 million and has already inked two deals in India. 

Online insurance startup  Ocko in Mumbai has raised $30 million in seed financing from  Accel and  SAIF Partners .

Bitcoin options exchange  LedgerX raised $11.4 million led by Miami International Holdings and China's Huiyin Blockchain Venture Investments.  

Travel e-commerce platform Travelspice in Bangalore raises seed round from early stage investor Eagle10 Ventures. 

NOTEWORTHY

smog cleaner

Will this giant smog vacuum cleaner in China make a difference? 
Chinese millennials are using social media to buy properties overseas. CBC News

Downtown LA comes alive with a construction boom led by Chinese investors. China Daily
 
China starts construction on new high-speed rail line to link Beijing to Bazhou,  key  route  for  the 
capital ' new  airport  and  Xiongan New Area  

  Apply: Silicon Dragon Pitch Contest In NY
Silicon Dragon's launches second annual startup pitch contest in NYC, June 21, at Nasdaq. 
Fifteen founders will be selected to pitch on stage before judges Jim Robinson of RRE Ventures and Brian Cohen of NY Angels.  
Two finalists will go to Beijing on an expense-paid, 3-day trip starting August 18 to compete globally and 
receive funding of up to $200,000, 
loans , startup space and advice.

To apply to pitch, click Silicon Dragon Pitch
Your startup qualifies if: 
- less than 3 years old
- has not received Series A financing
- is in tech, finance, modern services, social enterprise, cultural creativity
- is preferably based in NY or metro area and may expand to China
    


FEATURED VIDEO

Future of Crowdfunding Panel, at CrowdFund Beat
Washington, DC  May 4, 2017 with panelists Sheryl Hunter, Blaine McLaughlin and Craig Denlinger and moderator Rebecca Fannin.