will china hardware eat the world
TRANSCRIPT
WILL
HARDWARE EAT THE WORLD?
CHINA
1.
COMMODITI-
-ZATION
XIAOMI
Xiaomization
Commoditizationwith disruptive prices
and high quality.
$25$20$15
$65
$20
16,000mAhpower bank
1$
Smart button
Miband tracker Bluetooth speaker IP camera
Action camera
$40
Headphones
$650
4K TV screen
vs.
1999
2012
$80M investment…
…buys Segway
2015
2.
INNOVATION
3.
WORK WITH
CHINA
SPEEDINNOVATION
WHAT STARTUPS NEED
PRICE GLOBAL
+ +深圳SHENZHEN
硅⾕谷SILICON VALLEY
你YOU
Chris Anderson CEO, 3D Robotics
“Before you had 6 YEARS Today you have 6 MONTHS”
SPEED MATTERS
SHENZHEN
SILICON VALLEYThe silicon has moved out of
it is now in
WHY SHENZHEN?
“The Electronicscapital
of the world”Fast, Cheap, Scalable
…and Open to startups!
ON THE
SHOULDERS
OF GIANTS
Shenzhen
Hong Kong
Shenzhen
Hong Kong
(Factories)
FASTER
WITH CHINA
One week in Shenzhen =
One month in Silicon Valley
CHINA WORKS AT STARTUP SPEED
Increase iteration speed
1 year
3 months
THE
SUPPLY CHAIN
IS A WEAPON
“We’re most likely to be successful connecting with Shenzhen than
competing with it head on.”
Joichi ItoDirectorMIT Media Lab
4.
HOW ABOUT
JAPAN
ASSETS• Engineers
• Designers
• Research
• Quality + Long-term
• Large Domestic market
JAPAN
ASSETS• Engineers
• Designers
• Research
• Quality
• Large Domestic market
ISSUES• Lack of entrepreneurs
• Too local
• (Lack of VC funding)
JAPAN
ASSETS• Lots of entrepreneurs
• Manufacturing skills
• Lots of VCs
• Large domestic market
CHINA
ASSETS• Lots of entrepreneurs
• Manufacturing skills
• Lots of VCs
• Large domestic market
ISSUES• Too local
• Design
• Creativity
• Short-term
• (Quality)
CHINA
CHINAJAPAN+
SOLUTION?
1. GO ABROAD (CHINA/US)
2. SEE JAPAN FROM OUTSIDE
3. COME BACK & COMBINE THE BEST
THE NEXT
APPLE?
WHAT IT IS… IS UP TO US
ABOUT HAX
STARTUPS
80
YEARS
3 $25K-$300K
INVEST
HARDWARE ACCELERATOR
+ +深圳SHENZHEN
硅⾕谷SILICON VALLEY
你YOU
STRATEGY
SOURCING
DESIGN
BUILDING
111 DAYS
LAUNCH
MEDIA
PARTNERS
DEMO DAY
INVESTORS
60% 20% 20%
…and self-taught creators!
HEALTH
IOT TOOLSROBOTICS LIFESTYLE
KEY CATEGORIES
ADVANCEDMANUFAC-
-TURING
HAX
STARTUPS
PRYNT$1.5M
C.H.I.P.$2M
KOKOON$1.95M
“#1 VC in crowdfunding”
MILLION DOLLAR KICKSTARTERS+ over 30 campaigns (www.kickstarter.com/hax)
KEY CATEGORIES
ROBOTICS
IOT TOOLS MEDICAL
DEVICES
ADV.
MANUFAC-
TURING LIFESTYLE
ROBOTICS
IOT TOOLS
ADVANCED MANUFACTURING
ELECTROLOOM - FABRIC PRINTER
MEDICAL DEVICES
LIFESTYLE
PRYNT
