Fireside Chat:

Ken Wilcox, Author, new book,

The China Business Conundrum

Ensure that Win-Win Doesn't Mean Western Companies Lose Twice

with MC Rebecca Fannin, founder of Silicon Dragon Global

Audience Q&A

Book Signing (sales on site)

Intros & Welcome Remarks

Michael Cohen, Partner, Brown Rudnick

Ludwig Schulze, Managing Partner, NY, Alumni Ventures

Networking Reception and Wine Tasting

Ken speaks from experience about how Western innovators, venture investors and dealmakers can master China.

From 2001 to 2011, he ran SVB in Silicon Valley and then spent four years living in Shanghai, leading the technology bank's efforts to set up a joint venture with Shanghai Pudong Development Bank. He was not totally prepared for all that happened.

RF note: It's a good read and brings back lots of memories of my many times in China, 2001-2019 - just started up again in 2023 and continuing.

IncMTY Summit

November 13-15

Business, Innovation and Investment

Texas+MX+China Links

Location: Monterrey, MX

Held at 2 major universities

Tec de Monterrey

UANL

My Keynote Talk:

Tech Ecosystems Around the World

November 14

Next Gen AI VCs in the Valley

Andrea Wang, General Catalyst

Jenny Xiao, Leonis Capital

Lu Zhang, Fusion Fund

with Rebecca Fannin, Silicon Global

Tech Law Partner, Sasha Rao,

Nixon Peabody

RECAP of Oct 30 panel in SF

Here's some learnings (RF note: thanks to posting by attendee Jenny Morel, leader of tech community MORGO, high-growth companies going global from New Zealand and Australia):

- Valuations are hyped. Y Combinator graduates being offered $25M. Hyped at all levels but particularly the B and C rounds - better to invest early.

- AI companies scale faster than other SaaS companies. Very cost efficient.

- It's a good time to invest: lots of good companies to invest in.

- Seed rounds around $10M. Series A can be $100M. Some companies are growing sales 20x per annum.

- Some of these companies may not need further rounds because revenue growing so fast.

- General Catalyst's new fund is $8bn! Doing dozens of early stage deals per year.

- Leonis Capital not hiring staff because using AI to source deal flow, do market research.

So overall it's the amount of money going into AI and the huge number of deals - the time to move is NOW!