#SUMHK March 5: Transitioning from a Bootstrapped Niche to Venture Backed Success

Most startups want to raise capital, but what about what happens after you do? Unfortunately there are fewer guides and talks about what to do after you raised the money and have to transition to a venture backed success.
Hear about the exciting adventure of Telerik, a successful developer tools vendor, that started as a small niche player in the European backwaters. Learn how they raised venture capital from a prominent firm and grew from a tiny company working in a small warehouse to 500 employees with offices in seven countries. See how the founders had to learn on the fly, particularly when acquiring companies and entering new markets. Telerik has started the difficult process of transitioning from the start-up phase to building a “real” company eyeing an eventual IPO. Learn from all of our mistakes! The story will be told by Stephen Forte, Telerik’s Chief Strategy Officer and Richard Campbell, a member of the board. 
The meeting will be held at BootHK, 19/f, 231 Queen’s Road East at 7:30pm.
Stevef

#SUMHK tonight: HKSTPC Incu-App Programme

There is a new kid on the incubation block here in Hong Kong.

Incu_app_center

The Incu-App Programme out of the Science Park (HKSTPC) is a new take on the model with strategic partnerships with the major market players in the web and mobile industry, including ASTRI, CITIC Telecom, Cluster Tech, Microsoft, Nokia, WTIA, Samsung and 6waves Lolapps to provide one-stop services to the incubatees in the Incu-App Programme. This programme is tailor-made for start-ups developing web/mobile apps or portals. The 18 month program connects companies with strategic partners, provides free co-work space at the Science Park, and gives access to supporting (matching) funds of HKD $300,000.

As usual, the meeting is at BootHK, 19/f, 231-233 Queen’s Road East in Wan Chai and will start at 7:30pm.

DMCA for HK – Speak now or forever lose your rights.

Steal_this_comic

The HK government is currently working on a DMCA for Hong Kong that is being lead by industry feedback without any significant balance from content creators and private citizens. If we don’t give feedback now, we will be stuck with less rights than we have now and it will be our own fault. This impacts both companies and individuals.

What can you do? 

You can find the whole thing here, including some responses to the last round of consultation:

http://www.legco.gov.hk/yr10-11/english/bc/bc10/general/bc10.htm

http://www.legco.gov.hk/yr10-11/english/bc/bc10/papers/bc10_d.htm

Give well thought out responses and tell anyone else that hasn’t heard of it.

Any submissions for feedback needs to be submitted by March 2nd.

Image courtesy xkcd