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11 June, Thu
There’s Never Been A Better Time To Start A Company In China

There’s never been a better time to start an early-stage startup in China, according to one of the country’s most successful foreign entrepreneurs.

Fritz Demopoulous, co-founder of travel giant Qunar — which just raised $500 million — and now an investor with Queen’s Road Capital, told the audience at TechCrunch China that a “proliferation of capital on the angel side” is making it easier than ever to raise enough capital to get a startup off the ground.

Things are, however, more complicated for foreigners coming into China, Demopoulous — who is no longer in a role with Qunar — said. That’s because domestic entrepreneurs in the country tend to have a solid grasp of both the local market and — thanks to the internet and abundance of books and other media — a good understanding of U.S. and global trends.

“There’s more competition,” Demopoulous — who first arrived in China in the 1990s to work for Media Corp — explained. “In the past, you could turn up and be successful. But Chinese entrepreneurs get the local market and U.S. too. Unfortunately, most Americans only get what’s happening in North America.”

That said, there are opportunities emerging for non-Chinese nationals in China, but Demopoulous believes that entrepreneurs and their companies must fulfill some key — and often tricky criteria — to have any chance of success.

“There is room [for new companies], but you have to ask what value foreign companies can bring,” he explained, pointing out that money, tech and even management sophistication are already at advanced levels across China’s tech industry.

 

“Ideally, you have to be Chinese or have a strong Chinese reference point,” Demopoulous added. “And ask yourself everyday, ‘What value do I add?’”

Demopoulous, who led Qunar to an IPO, is primarily involved in venture capital these days. Queen’s Road Capital isn’t focused on China, however. Instead, it is using its experience and understanding of China to focus on Southeast Asia, a region that Demopoulous said he believes is too often overlooked in favor of China, India and the U.S..

Inspired by “multi-market successes” such as Skype and Spotify in Europe, he told TechCrunch interviewer Catherine Shu that he believes markets like Vietnam, Indonesia, Malaysia and others are ripe for companies that can execute across multiple countries.

“’If you can make it in New York, you can make it anywhere’ — so the song goes,” Demopoulous said. “There’s a thesis that if you succeed in China then you can succeed anywhere… but it’s probably too early to tell for sure.”

Demopoulous said he is particularly interested in marketplace startups and enterprise companies.

by , TechCrunch 

November 2019
25 November, Monday
Global Venture Alliance – Accelerator-3.0

Our CEO Zamir Shukhov's interview with the SME Innovator magazine about the GVA methodology, acceleration 3.0 and the future of entrepreneurship in Russia.

March 2018
05 March, Monday
GVA became TOP CHALLENGER of the recent UBI Global World rankings

GVA is recognized as the TOP CHALLENGER according to the UBI Global World rankings of University-linked Business Incubators and Accelerators.

February 2018
28 February, Wednesday
How Russian Consumer Companies Cooperate with Start-ups

The article on Vedomosti on  cooperation between corporations and start-ups. Among examples, there are three GVA's accelerators: Mega Accelerator, PepsiCo LAB and Faberlic FMCG Accelerator.

05 February, Monday
WSJ: “Nasdaq-listed Yandex is Russia’s Uber and Google combined”

“Stock investors can’t invest in Uber, but they can invest in Nasdaq-listed Yandex, owner of Russia’s top ride-hailing platform,” writes WSJ reporter Stephen Wilmot, referring to the Yandex.Taxi platform.

02 February, Friday
The acceleration program StrartUp Kazakhstan has been launched

The first face-to-face event in the framework of the StartUp Kazakhstan – program orientation took place in innovation cluster of Tech Garden in Almaty on February 1-2. On the first day General Director of the Autonomous cluster Fund "PIT" (Tech Garden) Sanzhar Kettebekov and CEO of Global Venture Alliance Zamir Shukhov addressed to the participants with the introductory speech. 

02 February, Friday
“Startup Innovation and investment in Emerging Europe:” A groundbreaking research released by East-West Digital News

How do the local startup scenes look like in Estonia, Poland, Russia, Ukraine — but also in less known countries, from Bosnia-Herzegovina, to Moldova, to Georgia? How much do VCs invest these countries? Are corporations involved in these emerging ecosystems? Which are the most well-funded startups, and which younger ones should be followed? Why do so many ICOs come from Eastern Europe?

01 February, Thursday
2 acquisitions and 1 ICO: the Russian eSports market is heating up

The beginning of this year saw major moves on the Russian eSports scene, a sizable European market with established players operating globally. Thus, last week Mail.Ru Group — an LSE-listed Internet company which controls the largest Russian-language social networks and a range of online gaming companies — announced the full acquisition of ESforce.

January 2018
22 January, Monday
New report by GVA’s partner Pavel Luksha “Skills of the Future: How to Thrive in the Complex New World”

GVA’s partner Pavel Luksha, founder Global Education Futures and professor at Moscow School of Management, has a new report out on what graduates should know and be able to do. “Skills of the Future: How to Thrive in the Complex New World” was developed with WorldSkills Russia during sessions of the Atlas of Emerging Jobs project. The report is a thoughtful review of global trends, changes in work and concludes with implications for education. Not a continuation of the present, the authors “believe that mankind should take a serious approach towards the formation of a desired image of the future.”


22 January, Monday
The Fund for the Digitalization of Industry will be launched in Kazakhstan

On January 22 during the official visit of the President of the Republic of Kazakhstan Nursultan Nazarbaev to the USA the autonomous cluster fund Tech Garden signed a number of important agreements with American companies on the digitization of the economy of Kazakhstan.

November 2017
09 November, Thursday
THE PROCESS OF UPDATING THE WORLD SYSTEM OF EDUCATION WAS DISCUSSED IN RUSSIA

At the international GELP Moscow 2017 Summit, which was held in Moscow on 1st to 3rd of November, leaders of Russian and foreign education from 12 states outlined practical steps for systematical change of the global educational environment, taking into account the existing global challenges of civilization.

October 2017
30 October, Monday
Global Venture Alliance & Forbes Russia in a closed round table discussion

Global Venture Alliance took part in a closed round table session organized by Forbes Russia.

27 October, Friday
In Moscow for the first time the international educational Summit Global Education Leaders` Partnership will take place

The authoritative international alliance Global Education Leaders` Partnership (GELP), which influences the development of school education abroad, for the first time, chose Russia as a meeting point for leaders and experts of the world educational community. The official operator of GELP is the Global Venture Alliance.

27 October, Friday
FORBES MAGAZINE CELEBRATED ITS 100TH ANNIVERSARY WITH A GRAND GALA AT PASHKOV HOUSE

Global Venture Alliance is the general sponsor of the event on the occasion of the 100th anniversary of the magazine Forbes.

25 October, Wednesday
Russia creates a research center for IT solutions in the transport industry

The Global Venture Alliance team on October 17 at the international forum "Open Innovations 2017" in Skolkovo organized a closed signing between RZhD, IBM, NES and NCC in the field of transport logistics. 

September 2017
19 September, Tuesday
MEGA Accelerator Opening

IKEA Centers Russia and GVA have identified 9 start-ups that will go into the MEGA Accelerator business incubator. Theese are Altair VR virtual planetarium, mobile application Save4time, virtual bot MRBot, VR-platform Hexa, interactive game Ligrook, time scheduler Verme, HR-robot Robot Vera, corporate messenger Beesender and IT-service for lawyers Bots & Partners. This was reported to Firrma in IKEA Centres Russia.

July 2017
28 July, Friday
Apple imagines AR glasses that fulfill the dream of Google Glass

Tim Cook has not-so-subtly hinted that Apple is working on some sort of augmented reality product. And while ARKit may be the start, a patent application published today hints at what Apple could be picturing down the road.


26 July, Wednesday
Apple and Cochlear team up to roll out the first implant made for the iPhone

Apple has teamed up with Australian-based Cochlear to bring iPhone users the first made for iPhone Cochlear implant.

Approved by the U.S. Food and Drug Administration in June, Cochlear’s Nucleus 7 Sound Processor can now stream sound directly from a compatible iPhone, iPad or iPod touch to the sound processor.

25 July, Tuesday
Google’s DeepMind made an AI that can imagine the future

Google’s London-based AI outfit DeepMind has created two different types of AI that can use their ‘imagination’ to plan ahead and perform tasks with a higher success rate than AIs without imagination. Sorry if I made you click because you wanted AIs predicted flying cars. I promise this is cool too.

24 July, Monday
Scientists are now using Wi-Fi to read human emotions

Scientists at MIT are using Wi-Fi and AI to determine your emotional state. They’ve created an algorithm that can detect and measure individual heartbeats by bouncing RF signals off of people.

21 July, Friday
This little USB stick is designed to make AI plug-and-play

The Neural Compute Stick from Movidius makes it easy to add a machine vision processor to any device.

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