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HONG KONG

The business of Hong Kong is business. The sport of Hong Kong is business. The government of Hong Kong is business. A city with beautiful views, huge skyscrapers, and world-class hotels, Hong Kong is an economic animal that revolves around one word… business. In the car business, Hong Kong has more Rolls Royces per person than any other city in the world. And in the drinking business, there are no restrictions on selling alcohol to minors in Hong Kong. Wondering if those Thiel fellas are reading this.

VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $635.0M

DEALS: 74

EXITS: 34

5 YEAR YoY FUNDING GROWTH: 0%

5 YEAR YoY DEAL GROWTH: 35.8%

Source: CB Insights

 

HONG KONG AT A GLANCE

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Power Breakfast

Classified

Ethos

Feast

Coffee Shops to Start Up In

Coffee Academics

Cupping Room

Hazel & Hershey

Local Beer

HK Dragon’s Back Pale

Young Master

“Must Be At” Local Events

Clockenflap

Hong Kong Rugby Sevens

Horse racing at the Hong Kong Jockey Club

Pecha Kucha Hong Kong

In the Know

Hong Kong’s subway system is managed entirely by AI with a 99.9 percent on-time rate. Humans need not apply.

THE TOP

ANGELS

Chipper Boulas

Eric Kwan

Fritz Demopoulos

Li Ka-shing

Robin Chan

Yat Siu

VCs

Arbor Ventures

Cherubic Ventures

Fresco Capital

Horizons Ventures

Sailing Capital

Vectr Ventures

ACCELERATORS

Blueprint

Brinc

CoCoon

Cyberport

Nest

ENTREPRENEURSHIP EVENTS

CoCoon Pitch

Hong Kong Launch48

Nest Pitch Day

Startup BootCamp

Startup Grind

Web Wednesday

Q4’15 - Q3’16 TOP FUNDING ROUNDS

Baidu Waimai—$400M

Tink Labs—$125M

Travelzen—$92.5M

Orange Sky Golden Harvest—$61.5M

Asia Clean Capital—$40M

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