On Monday I spoke at Open Web Asia held on beautiful Hainan Island in Mainland China. The event, in its third year (year one was held in Korea and year two was held in Malaysia), was organized by Gang Lu of technode, a popular tech blog in Asia.
I was asked to speak on two panels, one on “The Golden Age of Mobile” in Asia, where I made the argument that it has always been a golden age for mobile in Asia, Japan and Korea led the world in mobile a decade ago and the NTTDoCoMo iMode phone was the hot hop must have phone in 1999-2001 that lead the world in innovation. Hong Kong’s very own Yat Siu made some great points about WeChat (200m users) and Weibo (400m users) explosion due to the migrant workers in China needing to stay in touch with family and friends back home.
I also spoke on an investors panel about the startup investment situation in Asia. I was asked what was the #1 criteria when selecting the companies to invest in for the AcceleratorHK program and I said the team. All the other panelists agreed, I was glad that I was asked first.
In addition to other great panels, there were startup pitches by 10 hot Asian startups. We had startups from Korea, Japan, HK, Singapore, and Malaysia presented. I loved a team from Malaysia, however I was still a little biased towards the Hong Kong startups.
Lastly, the best part of the day was when the community leaders from 9 Asian countries did a presentation about the startup ecosystem in their home country then had a panel discussion. They represented very diverse countries at different stages of economic development: compare Japan to Vietnam to Indonesia to India for example. What was fascinating was that while each country was different and had unique challenges and opportunities, they all wanted the same thing: more entrepreneurs. I think we may be entering the golden age of Asian entrepreneurship!
The community leaders where:
Lastly, what would a conference be without a party and what would a party be in Asia without a Gangnam Style dance. Here is Daniel, James (from Korea!), and Casey getting down:
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