Last week was Week 5 at Accelerator HK. I can’t believe how fast it all is going, before we know it, it will be Demo Day! The teams last week worked hard at Customer Validation and have been narrowing down their segments and value propositions. They have been starting to develop MVPs of various shapes and sizes. Some of the developers have been hacking away at PhoneGap and have sent Telerik feedback on Icenium and KendoUI. We had two mentors with specific skillsets come in to spend time with two different teams as well.
In addition to Customer Validation, we had the opportunity to attend a Pecha-kucha night in Hong Kong. We were lucky enough to have the founder of the global phenomena of Pecha-kucha nights, Mark Dytham, in town to MC. It was an interesting night complete with arguments over how to pronounce Pecha-kucha, two Macs crashing in the middle of presentations, and topped off with someone in the audience fainting. Despite all of those setbacks, the night was a great learning experience for the cohort.
On Thursday most of the cohort was at the SME Expo in Hong Kong doing customer validation interviews and MVP inspection. After the long day at the event, we had a Hot Pot social diner.
Friday was our typical elevator pitches, Friday check-ins, founder talks, and our very own Pecha-kucha talks. Then on Saturday we went up to Shenzhen to the massive component markets to see how hardware startups operate. Since we are a hybrid mobile accelerator, two teams bought their first Android phone at the gadget markets.
We then chipped in and bought Paul some jeans. Next step, tee-shirts…
We caught up with some friends in Shenzhen and the cohort went to late night Karaoke as well as some more customer validation on Weibo.
Stay tuned for news from Week 6!
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