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American investment professionals to institutional funds.
American investment professionals to institutional funds.
Archived Event
"Dynamic" doesn't do China justice in so many dimensions. As investors and entrepreneurs alike have experienced over the past decade, the pace of change in what it takes to invest (or receive investment) in China can leave you both breathless and out-of-date in the blink of a trans-pacific flight. From the beloved (and now perhaps dated) "Sina" structure to Equity JVs to RMB Funds and public/private funds, it almost makes one wish for a Sand Hill Road equivalent in China. But is China ready to foster technology start-ups the same way that Silicon Valley does today?
The answer is 'no', according to Dr. Kai-Fu Lee, the most respected IT professional in China. He has the credentials to back that up: former CEO of Google China, Founder of Microsoft Research Asia, GM at SGI, VP at Apple, youngest associate professor at Carnegie Mellon, and author of four best-selling books in China. Kai-Fu left his post last fall at Google to start Innovation Works, a business creation platform to fill the gaps in seed-stage venture formation and venture capital to launch the next generation of Chinese Internet, mobile Internet and cloud services leaders. Melissa Ma, Co-Founder and Managing Director of Asia Alternatives, a pioneering fund-of-funds investor that has helped foster the VC and private equity industry in China, joins the discussion with her ground floor experience of what is arguably an innovation hotbed for funds.
Please join our moderator Lucas Chang, Morgan Lewis's Chief Beijing Representative, for a evening of insights into the dynamic investment environment in China and new models for success.
Agenda
Location
Morgan Lewis
One Market, Spear Street Tower
San Francisco, CA 94105-1596
Registration
Complimentary to current members (log in to your AAAIM account), staff of trustee members and LPs.
$75 for non-members to benefit the 2010 AAAIM Toigo Fellowships.
Speaker biographies
Dr. Kai-Fu Lee
Dr. Lee founded Innovation Works in September 2009. Innovation Works incubates new Chinese high-tech companies and mentor next-generation Chinese entrepreneurs. It is focused on Internet, Mobile Internet, and cloud computing. Every year Innovation Works will prototype some 20 new ideas, aiming to spin off 3-5 independent companies.
Prior to starting Innovation Works, Dr. Lee was a Google Vice President and the President of Google Greater China. During his tenure at Google, Dr. Lee built up a 700-person organization with many successes. Google China's market share nearly doubled from 16.1% in 2006 to 31.0% in 2009 (data from Analyses International). Google Map, Google Mobile Map, Google Mobile Search and Google Translate have all become #1 in the China market in 2009.
Prior to joining Google, Dr. Lee spent seven years at Microsoft. His last job was Corporate Vice President at Microsoft. His team developed several server products, and key technologies shipped in Office and Windows (such as speech, natural language, and assistance technologies). From 1996 to 1998, Dr. Lee was Vice President and General Manager at SGI, where his team developed a $200 million line of web servers. He was also the President of Cosmo Software, which developed cross-platform 3D and multimedia software products.
Before joining SGI, Dr. Lee spent six years at Apple, where he became the Vice President of its Interactive Media Group, one of the pioneering groups in multimedia in the world. This team developed QuickTime, QuickDraw 3D, QuickTime VR, and PlainTalk.
Dr. Lee was an Assistant Professor from 1988 to 1990 at Carnegie Mellon, where he received his Ph.D. Dr. Lee is the Vice Chairman of the Committee of 100.
Melissa Ma, Co-Founder & Managing Directer, Asia Alternatives
Ms. Ma co-leads Asia Alternatives' San Francisco office, which serves as the Firm's base for investor services, marketing, and corporate financial management. Ms. Ma is on the Firm's Investment Committee.
Prior to launching Asia Alternatives, Ms. Ma was a Director at Hellman & Friedman LLC ("H&F"), a San Francisco-based private equity firm. Ms. Ma was involved with sourcing and monitoring H&F's investments in financial and professional services. She also managed H&F's relationships with its investors and had a leading role in its fundraising activities.
Previously, Ms. Ma worked at McKinsey & Co., Inc. in the Hong Kong and San Francisco offices and Goldman, Sachs & Co. From 1995-2000, she worked in the Hong Kong office of McKinsey in the Corporate Finance Practice and the Financial Institutions Practice. Ms. Ma was also a Financial Analyst in the Financial Institutions Group in the Investment Banking Division at Goldman, Sachs & Co.
Ms. Ma received an M.B.A. with Distinction from Harvard Business School and holds an A.B. in Economics and East Asian Studies, magna cum laude , from Harvard College. She is fluent in Mandarin Chinese. In addition, Ms. Ma serves on the Board of Directors for the Asian Art Museum of San Francisco and Half the Sky Foundation, as well as the Advisory Board for Room to Read.
An Education Forum: Innovation in Investing in China
Wednesday April 28, San Francisco
"Dynamic" doesn't do China justice in so many dimensions. As investors and entrepreneurs alike have experienced over the past decade, the pace of change in what it takes to invest (or receive investment) in China can leave you both breathless and out-of-date in the blink of a trans-pacific flight. From the beloved (and now perhaps dated) "Sina" structure to Equity JVs to RMB Funds and public/private funds, it almost makes one wish for a Sand Hill Road equivalent in China. But is China ready to foster technology start-ups the same way that Silicon Valley does today?
The answer is 'no', according to Dr. Kai-Fu Lee, the most respected IT professional in China. He has the credentials to back that up: former CEO of Google China, Founder of Microsoft Research Asia, GM at SGI, VP at Apple, youngest associate professor at Carnegie Mellon, and author of four best-selling books in China. Kai-Fu left his post last fall at Google to start Innovation Works, a business creation platform to fill the gaps in seed-stage venture formation and venture capital to launch the next generation of Chinese Internet, mobile Internet and cloud services leaders. Melissa Ma, Co-Founder and Managing Director of Asia Alternatives, a pioneering fund-of-funds investor that has helped foster the VC and private equity industry in China, joins the discussion with her ground floor experience of what is arguably an innovation hotbed for funds.
Please join our moderator Lucas Chang, Morgan Lewis's Chief Beijing Representative, for a evening of insights into the dynamic investment environment in China and new models for success.
Agenda
| 4:30-5:30pm | Registration check-in and networking |
| 5:30-5:35pm | Opening remarks from AAMA and AAAIM |
| 5:35-5:45pm | Introduction of moderator, topic and panelist |
| 5:45-7:00pm | Fireside chat |
| 7:00pm | Program concludes |
Location
Morgan Lewis
One Market, Spear Street Tower
San Francisco, CA 94105-1596
Registration
Complimentary to current members (log in to your AAAIM account), staff of trustee members and LPs.
$75 for non-members to benefit the 2010 AAAIM Toigo Fellowships.
Speaker biographies
Dr. Kai-Fu Lee
Dr. Lee founded Innovation Works in September 2009. Innovation Works incubates new Chinese high-tech companies and mentor next-generation Chinese entrepreneurs. It is focused on Internet, Mobile Internet, and cloud computing. Every year Innovation Works will prototype some 20 new ideas, aiming to spin off 3-5 independent companies.
Prior to starting Innovation Works, Dr. Lee was a Google Vice President and the President of Google Greater China. During his tenure at Google, Dr. Lee built up a 700-person organization with many successes. Google China's market share nearly doubled from 16.1% in 2006 to 31.0% in 2009 (data from Analyses International). Google Map, Google Mobile Map, Google Mobile Search and Google Translate have all become #1 in the China market in 2009.
Prior to joining Google, Dr. Lee spent seven years at Microsoft. His last job was Corporate Vice President at Microsoft. His team developed several server products, and key technologies shipped in Office and Windows (such as speech, natural language, and assistance technologies). From 1996 to 1998, Dr. Lee was Vice President and General Manager at SGI, where his team developed a $200 million line of web servers. He was also the President of Cosmo Software, which developed cross-platform 3D and multimedia software products.
Before joining SGI, Dr. Lee spent six years at Apple, where he became the Vice President of its Interactive Media Group, one of the pioneering groups in multimedia in the world. This team developed QuickTime, QuickDraw 3D, QuickTime VR, and PlainTalk.
Dr. Lee was an Assistant Professor from 1988 to 1990 at Carnegie Mellon, where he received his Ph.D. Dr. Lee is the Vice Chairman of the Committee of 100.
Melissa Ma, Co-Founder & Managing Directer, Asia Alternatives
Ms. Ma co-leads Asia Alternatives' San Francisco office, which serves as the Firm's base for investor services, marketing, and corporate financial management. Ms. Ma is on the Firm's Investment Committee.
Prior to launching Asia Alternatives, Ms. Ma was a Director at Hellman & Friedman LLC ("H&F"), a San Francisco-based private equity firm. Ms. Ma was involved with sourcing and monitoring H&F's investments in financial and professional services. She also managed H&F's relationships with its investors and had a leading role in its fundraising activities.
Previously, Ms. Ma worked at McKinsey & Co., Inc. in the Hong Kong and San Francisco offices and Goldman, Sachs & Co. From 1995-2000, she worked in the Hong Kong office of McKinsey in the Corporate Finance Practice and the Financial Institutions Practice. Ms. Ma was also a Financial Analyst in the Financial Institutions Group in the Investment Banking Division at Goldman, Sachs & Co.
Ms. Ma received an M.B.A. with Distinction from Harvard Business School and holds an A.B. in Economics and East Asian Studies, magna cum laude , from Harvard College. She is fluent in Mandarin Chinese. In addition, Ms. Ma serves on the Board of Directors for the Asian Art Museum of San Francisco and Half the Sky Foundation, as well as the Advisory Board for Room to Read.
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