SILICON DRAGON NEWS                                       June 18, 2018         
Silicon Dragon 
NY 2018

Meet  China's
Tech Giants:
Baidu, Alibaba

Donovan Sung Adam Lisberg
Nan Zhou

Venture Dealmakers
Panel: US-China

Hans Tung, GGV Capital
(keynote chat)
Nan Zhou, Baidu Capital
Jim Robinson, RRE
Brian Cohen, NY Angels

Mason Du, HBS Angels
Robin Li, GGV Capital 
Geoff Levin, Sidley
Sean O'Sullivan, SOSV

Blockchain Innovation Panel-Asia Spin 
Lou Kerner, CryptoOracle
 Paul Brodsky,
Panterra Capital
Jalak Jobanputra,
Future Perfect Ventures
 Mitchell Dong, Pythagoras Investment

Book Talk
Author Roseann Lake:
Leftover in China: The Women Shaping the Next Superpower
Prize drawing 
for the book

Leftover in China
China Brand Chats
Adam Lisberg, DJI
Donovan Sung, Xiaomi
Peter Prodromou,
Racepoint Global

VC judges pick the 2 winners from NY to compete in global finals in Beijing this August and win up to $200K!


757 Third Ave., 9th floor + terrace

Thanks to Sponsors
Grant Thornton
Sidley Austin
Racepoint Global


Los Angeles

Program, Reception, 
Rooftop After-Party! 

Janet Yang
Film Producer
Janet Yang

Join Us July 25
China - LA 
Digital Entertainment
Innovators, Investors & Content Creators

On The Circuit

June 22-23

Silicon Dragon
Silicon Dragon News

China investor Ms. Ma
VIP Invitations
- Premium Content
- Networking Intros

Which Founders Will Win Silicon Dragon's
Pitch Contest In NY June 18? 

Founders who pitched at Silicon Dragon NY 2017 celebrate on the terrace

Silicon Dragon received loads of 
great applications to pitch this year 
from founders who are eager to score capital to scale up their startups. 
We've finalized our selections and 12 founders are ready to pitch tomorrow!
They range from mobile commerce, video sharing and podcast platforms to biotech to apps for appointments, hiring, and staying current with friends. There's even an on-demand trucking service in our pitch lineup. 
Hear a preview of our pitches by co-founder John Chu of, 
an innovative voice-first commerce platform, at
On June 18, two finalists will be selected by our VC judges Jim Robinson, Hans Tung, Robin Li and Brian Cohen to compete globally in Beijing in early August, and win free office space for 1 year, access to an accelerator and loans, grants and funding up to $200,000. 
Join the excitement: Silicon Dragon NY 2018

Tech entrepreneur, VC and author Andrew Romans has a new book out, Masters of Blockchain It masterfully delves into case studies of recent ICOs and explains all the terms you need to know to understand this new technology that will (?) rock our world. 
At a blockchain panel he moderated in New York, I learned several things from panelists Alex Mashinsky of Celsius Network, Joseph Stolte of and Purpose First Ventures, Eran Eyal of Shopin and Justin Jung of Alchemy Coin. 
 "There is no killer app for blockchain after 10 years," 
"95 percent of ICOs will go to 0" 
"Bitcoin is the "world's largest gambling casino"
"if I were raising an ICO fund, I would go to Asia."  
Makes sense since the biggest blockchain markets are in Asia!  Also, I noted that I was about the only woman in the room! Maybe women aren't risk-takers, commented a fellow audience member. 
If you want to know more about blockchain innovation, come hear our own panel of experts at 

Meituan, which started as a copy of GroupOn in China,  managed to outlast hundreds of other knock-offs, merged with a rival and went on to become one of China's so-called super apps, is heading toward an IPO in Hong Kong of $6 billion. As we know, GroupOn was one of the failures in China that was out-maneuvered by Metiuan
The merged Meituan-Dianping unicorn, one of the world's highest-valued private companies, is the same company that bought bike-sharing company MoBike in April for  $3.7 billion. 
Venture investors behind them are Sequoia Capital China and Northern Light Venture Capital. 
This makes two of China's second-tier tech giants heading to IPOs in Hong Kong. Smart hardware maker Xiaomi is the other, as we reported last week

Shares of Chinese after-school tutoring service Puxin traded up 25 percent on the NYSE this past Friday to raise $122 million. 
The IPO uptick came after a Muddy Waters report a few days before the public offering claiming that another Chinese education company, TAL Education ,  had inflated its profits. Shares in other Chinese education companies fell in the wake of the report and news that short-seller Carson Block compared TAL to Enron .
Management at Puxin, including CFO Penn Wang who was at NYSE, must have been relieved that their IPO happened. But then again, it's becoming fairly commonplace for China's fast-growth companies to head to New York to raise money.
Read more at Forbes: Puxin uptick

Hillhouse Capital  has led a $200 million investment in AI startup Yitu Technology in Shanghai. 

Ant Financial bets on China's staffless snack bars, strategically invests in Xingbianli, along with Lightspeed China and others. 

Tencent is reportedly (WSJ) nearing a deal to buy 10 percent of South Korean-based videogame maker Bluehole at more than $5 billion from existing investors. Some US VCs may also participate in the investment.  

Patsnap, a Singapore IP platform startup that Silicon Dragon highlighted in a tech chat in 2016, has scored a $38 million investment from Sequoia Capital China and Shunwei Capital

Rakuten is buying Curbside, a same-day delivery app, extending its presence in the U.S.  Venture investors included AME Cloud Ventures, Index Ventures and Qualcomm Ventures

Sequoia partner Matt Huang joins forces with Coinbase founder to start a crypto fund.  

   Silicon Dragon's Rebecca Fannin was interviewed by China's global business program on China Global Television Network about Chinese tech trends featured  at CES Asia in Shanghai. 


How did Douyin ( Tik Tok ), the short video app 
made by $30 billion valued Chinese media startup ByteDan app
ce , reach 150 million daily active users in less than 2 years and became the world's most downloaded iOS  ?  
"Where there is content, there is commerce." 
Click on  8 lessons here from Hans Tung and Zara Zhang of GGV Capital. And  yes, it's a GGV portfolio company!


The latest addition to China's surveillance toolbox:
RFID chips in windshields to track cars, becoming mandatory for new cars in 2019. WSJ, chips