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Preparing for & Competing with the ‘Tech Titans of China’
September 16 @ 6:00 pm - 9:00 pm
Last August, the Economist argued that there is a new geography of innovation in a cover story titled, “Peak Valley.” Looming large in this new geography is China. They’ve transformed their economy from that of a low-cost manufacturer to a cutting-edge innovator. With their “9-9-6” de facto weekly work schedule, China’s tech companies are relentless in their pursuit of success, and it shows.
China has now achieved near parity with the US in venture capital investments, something inconceivable even 5 years ago. It’s been reported that the race to lead the future of technology comes down to just $6 billion dollars with China’s venture investments rising to $105 billion in 2018, nearly matching the U.S. at $111 billion.
Google China’s former President, Dr. Kai-Fu Lee now heads China’s largest VC Fund and is aggressively leading their efforts to be the world leader in AI. Further signaling their global ambitions, Chinese technology companies such as Tencent, Baidu, Alibaba, and other titans have very active Corporate VC offices in both the US and Israel. They are no longer content to compete in their domestic market.
Spearheaded by Huawei, China’s increasingly dominant presence in the tech sector, especially in the highly strategic 5G wireless market, has spurred endless headlines as the most visible flashpoint in the escalating U.S.-China trade war. Rising tariffs – and tensions- have spooked the capital markets from Wall Street to the City of London to Hong Kong. Investors are prepared for a long period of tension.
It’s clear that the rise of China’s tech companies and intense competition from the sector is just beginning and it’s presenting challenges for US companies now and will present increasing challenges well into the future.
In this fireside chat, Rebecca Fannin, an expert on China, journalist, speaker and author of the new book “Tech Titans of China: How China’s Tech Sector is challenging the world by innovating faster, working harder, and going global,“ will sit down with serial entrepreneur, professor, innovation consultant, angel investor, board member and startup mentor Mike Grandinetti for a fireside chat to discuss:
- The US-China tech race
- Which Chinese tech companies are making waves
- The Tech sectors that matter most in China’s grab for superpower status
- What US startup founders can learn from Chinese founders
Join us on September 16th and come ready with your questions for Rebecca, who has the inside scoop on the ammunition venture capitalists, startup founders, and others impacted by — or interested in — cashing in on the Chinese tech industry need to prepare and compete.
Rebecca is a leading expert on global innovation. As a technology writer, author and media entrepreneur, she began her career as a journalist covering venture capital from Silicon Valley. Following the VC money, she became one of the first American journalists to write about China’s entrepreneurial boom, reporting from Beijing, Shanghai and Hong Kong.
Today, Rebecca pens a weekly column for Forbes and is a special correspondent for CNBC.com. Rebecca’s journalistic career has taken her to the world’s leading hubs of tech innovation, and her articles have appeared in Harvard Business Review, Fast Company and Inc., and Techonomy.
Rebecca’s first book, Silicon Dragon: How China is Winning the Tech Race (McGraw-Hill 2008), profiled Jack Ma of Alibaba and Robin Li of Baidu, and she has followed these Chinese tech titans ever since. Her second book, Startup Asia (Wiley 2011), explored how India is the next up and comer, which again predicted a leading-edge trend. She also contributed to the Asia chapter to a textbook, Innovation in Emerging Markets (Palgrave Macmillan 2016).
Inspired by the entrepreneurs she met and interviewed in China; Rebecca became a media entrepreneur herself. In 2010, she formed media and events platform Silicon Dragon Ventures, which publishes a weekly e-newsletter, produces videos and podcasts, and programs and produces events annually in innovation hubs globally. Rebecca also frequently speaks at major business, tech and policy forums, and has provided testimony to a US Congressional panel about China’s Internet. She resides in New York City and San Francisco and logs major frequent flier miles in her grassroots search to cover the next, new thing.
Mike has been continuously active in the fields of innovation and entrepreneurship since earning his engineering degree. He went on to earn his MBA degree with distinction at Yale. He began his career in Silicon Valley and has spent his entire career as a practitioner in the world’s leading innovation clusters of Silicon Valley, Boston, Austin, and Tel Aviv. He is a successful serial VC-backed C-level tech entrepreneur, award-winning professor, innovation consultant, angel investor, board member, hackathon leader, keynote speaker, and startup mentor.
Mike’s been a Professor of Innovation for 20+ years. He was named Financial Times global Professor of the Week and won multiple Professor of the Year and Global Teaching Excellence Awards. He also won a global award from the Association to Advance Collegiate Schools of Business (AACSB) for being a part of a small team that designed the world’s most innovative MBA curriculum. He holds numerous faculty appointments, including Faculty Chair of Rutgers “Leading Disruptive Innovation” Executive Education program, co-leader of the triple-accredited Hult International Business School Masters in global Disruptive Innovation degree program, and is an Instructor for the MIT Enterprise Forum Cambridge Start Smart Class. He held faculty appointments as a Senior Lecturer at the MIT Sloan School of Management and the Technical University of Denmark (DTU) for over 10 years. At MIT, he taught in both the MBA and Executive Education programs. He helped create the highly successful 9-month DTU Corporate Venturing Certificate program. He also is a member of the annual MIT CIO Symposium organizing team. He previously served on the Board of the Rutgers College of Engineering and currently serves on the board of the Babson College Entrepreneurship Tower. He was presented with the Rutgers College of Engineering Career Achievement Award.
As an innovation consultant, Mike has worked with corporate clients including Accenture, AT&T, Dell, Ferrari, Intuit, Maersk, naviHealth, Novo Nordisk, Nestle, Pirelli, SAB Miller, and United Technology Corporation. He was a McKinsey consultant early in his career.
During his 25-year career as a tech entrepreneur, Mike has helped take two companies through NASDAQ IPO’s and helped raise over $1 Billion USD in growth capital. His startups have been successfully acquired by companies including AT&T, IBM Oracle, and Symantec. He remains very active (and therefore hyper-current -on disruptive technologies and business models) in this global startup ecosystem. A dedicated human-centric design practitioner and teacher, he founded and then led OpenIDEO’s pioneering Boston chapter for several years. He’s also organized and facilitated over 100 hackathons globally, including many for corporate clients.
6:00 – 6:30 pm:
Registration & Networking
6:30 – 8:00 pm : Fireside Chat and Q&A
8:00 – 9:00 pm: Cocktail Networking
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