SILICON DRAGON NEWS                 @SiliconDragon                       May 15, 2017         
Silicon Dragon 
New York 2017 
June 21
at Nasdaq, Times Square

New York's Global
Innovation Revolution

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

Kamran Ansari
Pinterest / Greycroft 

Scott Hartley
VC and Author, 
The Fuzzie & The Techie

Technion Lands In NY 
Ron Brachman
Jacobs Technion-
Cornell Institute


Thanks to Sponsors
Sidley, Nasdaq, OTEC



Silicon Dragon
LA 2017

Featuring deals by 
Wanda, Alibaba, 
Tencent & More! 

Convention  Center
July 26 



China Institute
  May 18

New York City


Annual Conference
Washington, DC
May 18-20



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

 May 30, 2017, 6pm



Join The 

R at G-Startup World
Silicon Dragon's Rebecca Fannin moderating VC panel at G-Startup World
in Beijing 

Follow Silicon Dragon at

Silicon Dragon Launches Pitch Contest In NY

pitches, Silicon Dragon NYC
Silicon Dragon is holding its 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 in the Overseas Talent Entrepreneur Conference (OTEC). 
The champion will 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     

No Bites In The BIG APPLE'S Silicon Alley
The Big Apple's startup scene is becoming more vibrant, with the spirit and talent of Silicon Valleys worldwide but with a more congenial environment than other hotspots globally.  There's less competition for deals in New York, and it's rare to see competitive bids for deals.
Despite developing into the second-largest U.S. venture market, NYC VC is only one-third the size of Northern California's market. 
Read Forbes post, Silicon Alley

Too Much Money Chasing Deals In Asia? 
Too much money chasing too few deals? That's a perennial question in the cyclical private equity and VC business. In Asia, a wave of private equity chasing deals in Asia is keeping competition for transactions heightened.   For the third year in a row, Asia-Pacific private equity-backed transactions have performed well, at record highs. Read Forbes post, PE Highs in Asia

The mythical unicorn is no fantasy in China, which boasts more than 100 unicorns. If China 's tech u nicorns were a country, they would form t he world's 26th largest economy, a ranking by China Monday Network shows.  

When two professors created a model to predict the value of unicorns, they found that half were not unicorns at all. Read more,  Stanford

Any market can join China's Belt and Road initiative including countries that weren't part of the ancient Silk Road.  China Daily

China's Internet giants go global. Tencent is leading the acquisition spree, followed by Alibaba. The Economist

China's  ZhenFund has made its first investment in Southeast Asia, in fintech startup Silot that is launching in Singapore and Thailand and then aiming to expand within the region. Silot was formed by prior
Baidu executives from China.
Cheetah Mobile's live video-streaming app has raised $60 million from Matrix Partners, IDG Capital, Gobi Partners, Evolution Media Partners and  Welight Capital

 Softbank has invested $500 million in U.K. virtual reality upstart Improbableio. It's Europe's largest startup funding so far this year. 

Toronto's YTO Express is purchasing Hong Kong's On Time Logistics for $151 million. 

China's largest insurer Ping An is launching a $1 billion fintech and healthcare fund for early-stage investments. Ping An runs Lufas, China's large peer-to-peer lending service and has an interest in Good Doctor, a popular medical app. Running the fund as chief innovation officer will be Citicorp veteran Jonathan Larsen.

Chinese bike sharing startup Youon called off its A-share IPO amid an IP infringement lawsuit as it was on its way to become China's first publicly traded firm in this new sector.  Meanwhile, Tencent jumped into the bike craze by leading a $1.2 billion investment in Indonesian upstart Go-Jek

The Nasdaq Entrepreneurial Center in San Francisco has selected 15 finalists for an India milestone makers program.   


Silicon Dragon Beijing 2017: Talk with Dave McClure, 500 Startups
Silicon Dragon Beijing 2017: Talk with Dave McClure, 500 Startups

See more Silicon Dragon Videos