HKMagazine: Hong Kong's Startups Grow Up
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Transcript of HKMagazine: Hong Kong's Startups Grow Up
Hong Kong’s startup scene is going from coffee mornings to public offerings. By Adam White
The Anatomy of a StartupAt heart, a startup is a few people with a new idea who want
to change the world. It’s quite the goal. But the people behind
startups have to want something big: otherwise, they wouldn’t be
wasting their time. “When we say startup we usually refer to a tech
startup. These are companies that don’t have clear revenue models
and are about building a platform that people want to use,” says
Casey Lau, one of the founders of networking and community org
StartupsHK. “In Hong Kong, I see it more about entrepreneurs that
use technology to make things better—whether it be stock trading,
booking a taxi or a hotel room, education or social innovation.”
“I think the startup scene has grown a lot since we started
meeting in a coffee shop back in late 2009 at the first Startup
Mondays,” agrees Jon Buford, who’s another of the founders of
StartupsHK and also behind 3D printer Makibox. “We started with
six members,” says Lau. “Now we have 5,000-plus. We had 1,000
square feet of co-workspace in January 2012—by the end of 2013,
we will have 150,000 square feet.” Floor space, in Hong Kong?
That’s how to define a business.
Take the great success case: silly-image-sharing site 9Gag.
Founded in 2008 by HKU student Ray Chan, the site raised $21.7
million in seed funding back in July of last year. These days it gets
in the region of 60 million visitors a month. Of course, it’s not
all easy. “You have to truly love solving problems to stay in the
startup biz,” says Chan. “9Gag makes a lot of money, but there’s
not much profit. If you’re interested in making money, there are
much better ways to do that in Hong Kong.”
Why Hong Kong?I think Hong Kong is probably the easiest place in the world to startup,” says
James Beacher of venue-booking platform venueHub. “The process is incredibly
simple, cost-effective and the government really understands the importance
of startups to the local economy.” The ease of doing business in Hong Kong has
always made it a draw, and startups benefit from the same advantages. “The
government is now stepping in and bringing a spotlight on this industry, and
making it easier for startups to get visibility,” says Casey Lau. “That’s a great thing.”
But it’s also something about the nature of our city that makes Hong Kong
prime startup soil. “The diversity of the population makes Hong Kong a great testing
ground for your idea or product before you consider expanding elsewhere,” says
Winston Wu, founder of recommendations app Pingspot. Jon Buford agrees. “With
a larger market, like Taiwan, you have enough people to do local products, but not
really enough to scale to be much more than a comfortable business. With more
established and larger markets, like the US, you tend to only see the local market
and completely miss the opportunities elsewhere. Hong Kong is a good mix.”
The other great advantage is the sense of community. Networking events and
venues exist to help startup founders meet and help each other out. “Hong Kong’s
blessing and curse both lie in its size,” explains Michael Gasiorek of fashion app
ShopHop. “The startup scene is tight-knit, incredibly supportive, and you’ll have
more difficulty picking the events worth your time than finding them. Still, while it’s
a great test market, it’s an even better launching pad to the rest of Asia.” Pingspot’s
Wu points out, “seven million people is a small market. Most startups need to think
cross-border from the get-go.” As Simon Squibb of angel investors Nest says,
“We’re not running businesses that are successful in Hong Kong—we’re thinking
globally. A lot of people have missed this point. They say ‘Oh, Hong Kong, don’t
bother.’ But if you only think locally, you won’t go anywhere.”
“
Don’t believe what your grandparents tell you: being successful in
Hong Kong doesn’t mean that you have to be a doctor or a lawyer
(or enter the lucrative world of journalism, for that matter). These days,
forward-thinking entrepreneurs are entering the world of startups, where Hong
Kong’s can-do spirit has found its next natural home. These people are in it to
remake Hong Kong in a startup image—and make a fortune while they’re at it.
14 HK MAGAZINE FRIDAY, octobeR 4, 2013
Startup StoppersIt’s not all good, of course. Hong Kong’s startup scene is still nascent,
and there are obstacles to overcome if it’s ever going to be a truly successful
scene. We’re missing three great things at the moment: talent, government
infrastructure and—of course—money.
The lack of talent comes down to something elegantly predictable: Asian
parents. “The culture for university students to form or work for a startup is still
not strong enough,” says Andrew Chan of package-tracking site Aftership.
“Top students still aim to work in an investment bank or big corporate firm.”
“People are always asking ‘when are you going to make money?’” explains
Simon Squibb. “The government wants to know the business plan, how you’re
going to get revenue, when will you be profitable, will you employ local people.
All fair questions. But the problem is, I don’t know when it’s going to make
money.” The reality of startups doesn’t really fit into Hong Kong’s traditional
business mindset, just yet.
The lack of cash is a knottier problem. Hong Kong’s not a cheap place
to live or work, although more and more shared office space has helped to
shoulder the burden. But the real problem is capital. “There seems to be a
large gap between risk appetite amongst angel investors in Hong Kong and,
say, Singapore,” says Asif Ghafoor, one of the founders of property search
engine Spacious. “Most of the angel investors in Hong Kong seem to be
looking for a company that is already making money, or very close to.” That’s
a tricky position for startups to be in—after all, it took Twitter years to work
out how to turn a profit. “Most of our seed money came from abroad,” says
Jeffrey Broer of social media translation app Surround. “When you’re talking
to investors in mainland China, they’re all expecting the new Angry Birds.”
He says it’ll take a while—and a little bit of experience—before they begin to
invest more diversely.
What Next? The startup founders identify a few solutions. “The ‘newness’ of it
all is the biggest drawback. Hong Kong is definitely on the right track,
but it will still take some time,” says Pingspot’s Wu. He points out that
we are a city that got rich on traditional business and land. “Wealthy
investors have only recently started to turn their attention to angel and
venture investing as an alternative investment option.”
But the thing we need above all else is an enormous success story:
an exit. An “exit” is a successfully executed exit strategy, wherein a
startup is sold to a corporation for a huge amount of cash. “I think the
main thing people are waiting for is that first big exit from a company
here,” says Jon Buford. “It will be those companies that form the next
round of growth and will act as both investors and mentors to the next
generation of companies.” Wu agrees, pointing out that a high-profile exit
would validate and energize the startup community, provide a model for
new startups, encourage entrepreneurship as a career amongst young
people (and their parents), and demonstrate to investors the value of
Hong Kong companies. “It’s a powerful cycle, and I think Hong Kong is on
the cusp of setting off that cycle.”
“We’ve seen the startup community grow like crazy and I think 2014
will be a landmark year. In Asia we have so much potential with so many
people, and so many problems that affect people, from Kowloon Bay to
Makati City. There are some great startups I’ve seen in HK and around
Asia that are ready to be international successes,” says Casey Lau.
“These will change the game.” “This city was built on entrepreneurs,”
Nest’s Simon Squibb points out. “Li Ka-shing was an entrepreneur—he
started out selling plastic flowers. A lot of people have forgotten that.”
Hong Kong is a city that’s grown rich on people wanting to make great
things happen. Meet the next generation.
HK MAGAZINE FRIDAY, octobeR 4, 2013 15
Hong Kong is rammed full of exciting, interesting startups at the moment.We’ve picked just 10 here—but there are many, many more.
HotelQuicklyRApHAel CoHeN (pICTuRed),
TomAS lAbouTKA, CHRISTIAN mISCHleR,
mICHAl JuHAS, mARIo peNg
Launch March 2013.
The Elevator Pitch “HotelQuickly is
the largest last-minute hotel booking
smartphone app in Asia.”
The Deal Stuck in a foreign city and in
need of a last-minute hotel room? Load
up HotelQuickly and it gives you a list of
deals on hotel rooms in your city. You can
make a reservation right up until 4am that
same night, in 11 countries across Asia and
Australasia. Hotels fill their empty rooms,
and you get a bed. Everyone’s a winner.
The app has just raised $9 million in
“Series A” (first round) funding.
The Dream “We aim to become the
reference app for spontaneous hotel bookings in the Asia Pacific. We
are building up a lifestyle brand for spontaneous travelers in the region.
Business travelers, flashpackers, staycationers—anyone who makes last-
minute changes in travel plans—should all think about our app right away.”
www.hotelquickly.com, free from the App Store,
Google Play, and blackberry World.
Launch July 2013.
The Elevator Pitch “Spacious makes
it much easier to find a property to buy
or rent in Hong Kong.”
The Deal We’ve all had to do the flat-
hunting thing, and it sucks. It’s tricky
to find flats online, doing it in person is
time-consuming, and either way it’s hard
to compare prices and market information.
Spacious overlays Hong Kong property
listings onto a map, and cross-references
them with previous data to indicate if the
place you’re looking at is a good deal,
or just owned by a greedy landlord.
Add detailed neighborhood guides and you’ve got yourself an effective
way of looking for your next place. Interested? Spacious is currently
looking for more investors who can bring something special to the team.
The Dream “We want Spacious to significantly improve the experience
of buying or renting a property. The general consensus across property
searchers seems to be that the current players are not providing the great
customer experience people expect. We passionately believe Spacious
will change this.”
Spacious.hk.
SpaciousdAvId beATTy (l)
ANd ASIf gHAfooR (R)
Launch July 2013. First batch
planned for this month.
The Elevator Pitch “Solving Hong Kong’s
plastic bag problem by replacing normal
plastic bags in the wet market with
100 percent biodegradable ones. How do we
do it? We fund it by turning plastic bags into
a new advertising channel for companies.”
The Deal Hong Kong’s choking on plastic
bags, and Chinese University students
Lettie Sin and Hanley Li have an idea: to
sell advertising space on biodegradable
plastic bags, and then to sell those
bags at cut-rate prices to wet market
stall and shop owners across the city.
It’s an elegant solution that uses business to clear the way for the
environment: how very Hong Kong.
The Dream “Making plastic bags as an advertising channel more common
and accepted. It’s an effective and economical advertising method.”
www.carryad.com.
CarryAdHANley lI (l) ANd leTTIe SIN (R)
HoNg KoNg SCIeNCe pARKS INCubATIoN pRogRAmmeS
Catchy name for a series of
government-funded startup
incubators. Offers a variety of
programs for app, tech and biotech
startups. www.hkstp.org.
ACCeleRAToRHK
Three-month-long startup
“accelerator” program for mobile
startups. Provides $116,000 in seed
capital, mentors, guidance and space
to work. acceleratorhk.com.
NeST
Incubator for scalable lifestyle
startups. Known for its “Dragon’s
Den”-style pitch days, where
participants have 15 minutes to
present their idea. If they like you,
they might mentor you and invest up
to $500,000. nestideas.com.
geNeRAl ASSembly
Launched in New York in 2010 as a
startup, General Assembly now holds
courses in tech, business and design
across the world. It’s just kicked off
its first full-time training program for
web developers. generalassemb.ly.
INNovATIoN lAb
A fully serviced 8,000-square-foot
office space in Sai Wan with private
offices and communal areas. Casual
use starts at $2,000 per month, while
offices start at around $20,000 per
month. Cheung Hing Industrial
building, 12P Smithfield,
Kennedy Town, 2542-1035,
www.innovationlab.hk.
HKdC INCubATIoN pRogRAmme
Two-year program run by the
Hong Kong Design Centre, for design-,
fashion- and branding-related startups.
www.hkdesigncentre.org.
CybeRpoRT INCubATIoN pRogRAmme
$530,000 of funding for tech startups
for two years. www.cyberport.hk.
dRAgoN lAW
Online legal consultancy designed
for startups. Create legal documents,
contracts and agreements with easy
templates. Find answers to legal
conundra, or get in touch with a
lawyer. Launches Nov 1; pre-register
at www.dragonlaw.com.hk
for more resources and information, visit www.startmeup.hk.
geT NeTWoRKedThese people will get you off the ground.
g
16 HK MAGAZINE FRIDAY, octobeR 4, 2013
ShopHop(CloCKWISe fRom Top lefT) mICHAel
gASIoReK, KRIS duffy, HeSpeRuS mAK
ANd olgA lyudovyK
Launch “You’re catching us at a great time!
We haven’t launched yet, but we’re right now
looking for local fashion-lovers to be part of our
VIP beta.” Sign up online.
The Elevator Pitch “ShopHop helps anyone shop
like a local in Asia. We’re like the app version of a
longtime Honkie who just has to take you to her
favorite little boutique (or five) as soon as you arrive.”
The Deal Not everyone can be as on top of fashion
as HK Magazine’s style maven Katie Kenny. ShopHop
aims to help you out. The app will fill users in on
trends and hot new openings, chart out little-known
boutiques as recommended by fashionistas or
friends, and match your style with other shoppers
across Hong Kong.
The Dream “ShopHop wants to be the one-stop
mobile and web portal for all Asian shopping that
doesn’t carry a barcode. We’ll start with the best of local written and photo editorial
from bloggers and fashion publications. We make it actionable with search-and-go
personalized store tours of Asia’s favorite boutiques, vintage stores, pop-up shops
and anything fashion small-business. And eventually, build a platform for taking the
best stores to the world with mobile commerce. You’ll be able to learn, explore and
buy: with one app, in English and Chinese, across 12 Asian shopping cities from
Bangkok to Singapore.”
www.shophop.me.
So, you WANT To lAuNCH A STARTup?Nest’s Simon Squibb offers 10 tips…
and some advice.
1. Be passionate. Love the idea and
don’t just do the startup for money.
2. Make sure your startup is something
people want or need. Don’t adopt the
“build it and they will come” school of
thought. Read “The Lean Startup” by
Eric Ries, and don’t start until you have!
3. Invest time in a scalable idea [one
that can be expanded regionally
or globally]. This is definitely more
attractive to investors.
4. Think about who your client might be
in as much detail as possible, and don’t
forget to ask them if they need your
business idea. Talk to customers; don’t
sit behind a computer and guess what
they want.
5. Hire people smarter than you
and/or who complement your skill set.
6. You’ve got to think, so think big.
7. Be original and don’t steal ideas.
Some people might disagree with me,
but in the long run, anyone who copies
someone else always pays for it.
8. Be confident and develop a thick skin.
Many will say you are nuts and tell you
to get a real job.
9. Give yourself no choice but to
succeed! Many fail because in the back
of their minds, they know they can go
back to a job. Failure is not an option—
but then again, don’t be scared to fail.
10. Ask everyone in your circle to
support you. The founder of LinkedIn
said that building a startup is like
jumping off a cliff and building a plane
on the way down. You need to go home
to a soft landing to make it!
Hire Wise. Don’t hire the wrong people
just because you’re desperate for help.
Sell Yourself. A lot of people overlook
things like marketing. They just assume
their app is going to get on the App
Store and everyone is going to love it.
Have a marketing plan.
brand It. Don’t underestimate the need
to have a brand—especially IT-driven
startups. People need to trust brands
and what you stand for, if they
are going to give you their data.
Don’t Think It’s Gonna be Easy.
Doing a startup is the hardest thing
you can do. A lot of people leave big
companies to do a startup and suddenly
there’s no one to pick up the phone for
them anymore; there’s no one to take
care of their accounts. People just don’t
realize how much is involved, and how
much multitasking they need to do.
Tickets at URBTIX2111 5999 | www.URBTIX.hk Programme Enquiries:2836 3336Hong Kong Sinfonietta reserves the rightto change the programme and artists
Hong Kong Sinfonietta is financiallysupported by the Government of theHong Kong Special Administrative Region
Hong Kong Sinfonietta is theVenue Partner of the Hong Kong City Hall
13.10.2013(Sun)7:30pm
HK City Hall Concert Hall$360 $250 $150
“A true force of nature.”
The Strad
Music Director/Conductor
Yip Wing-sie
© E
. KAD
NIKO
VA
Programme
Dvorák Carnival Overture, Op 92Smetana My Fatherland: The Moldau Wieniawski Fantaisie Brillante sur Faust, Op 20Enescu Romanian Rhapsody in A, Op 11 No 1Gardel/Williams arr Tango, Por Una CabezaJohn Williams Schindler’s List ThemeWaxman Carmen Fantasy
HK MAGAZINE FRIDAY, octobeR 4, 2013 17
Launch Production begins in October.
The Elevator Pitch “The MakiBox
A6 is the world’s cheapest complete
3D printer kit. It is both inexpensive
and easier to use than others on the
market. It takes three to four hours
to assemble and start printing, and
comes with an instruction manual
similar to IKEA furniture.”
The Deal Eventually, 3D printing—where digital models are transformed
into physical products—is going to redefine how we get our goods. In the
meantime, the MakiBox goes a long way towards making that a reality. At
$1,550, this home 3D printer is incredibly cheap. There’s plenty of interest
from schools and tech groups, and the first batch of 1,500 ships this month.
The Dream “We are working on how to make manufacturing more
accessible to companies and how to change the supply chain for
products: the next step in bringing traditional retail sales and crowd-
funded products together. There will likely be much more manufacturing
in Hong Kong in the near future.”
store.makibox.com.
makiboxJoN bufoRd
Launched October 2012.
The Elevator Pitch
“AfterShip is a tracking and
notification service for online
retailers, supporting 108
couriers worldwide.”
The Deal If you run an online business, keeping track of everything you
send to your customers can be an almighty pain in the ass. AfterShip
allows you to combine all your orders into a single interface, so it’s easy
to stay on top of irritating customers. AfterShip is one of Hong Kong’s
success stories, winning the 2011 Startup Weekend Hong Kong and then
going on to win the 2011 Global Startup Battle. These days it’s used by
4,000 merchants, mostly in the US.
The Dream “Google for package tracking—when you want to track
a shipment, you come to AfterShip.”
www.aftership.com.
AfterShipANdReW CHAN (l) ANd
Teddy CHAN (R)
Launched August 2013.
The Elevator Pitch “Snaptee’s mission is to
realize your creativity, by empowering people
with the ability to create and collaborate. We
want to let everyone design unique T-shirts.”
The Deal A T-shirt designing app that plugs
into your camera feed or Instagram account.
Add filters, text, and color, alter shapes and
use templates. Once you’re happy, your
personalized T-shirt will be delivered straight to
your door for $155 plus shipping. Share your designs online for others
to buy, and you’ll get a cut of the profits.
The Dream “We envision a world where people are happy designing and
wearing their unique creations. Snaptee empowers this T-shirt revolution.”
Snaptee.co, free from the App Store.
SnapteeWAI-luN HoNg
18 HK MAGAZINE FRIDAY, octobeR 4, 2013
Launched April 2013.
The Elevator Pitch “Online photo
albums, emails, social profiles: what
happens to them when you die?
Perpetu lets you choose!”
The Deal If I should die, think only this of
me: DELETE MY SEARCH HISTORY. Perpetu
allows you to manage your digital afterlife.
You leave final actions for your Facebook,
Gmail, Twitter accounts and more: sending
a final tweet, a last missive, or deleting an
embarrassing FB album. When you die,
designated friends get in touch, and Perpetu will implement your digital will.
The Dream “To allow anyone to decide how to be remembered.”
www.perpetu.co.
perpetuRyANNe lAI (pICTuRed) ANd ANdReA lIvoTTo
Launched March 2013.
The Elevator Pitch “Pingspot is an easy way to
organize and share recommendations of great
businesses. ‘Ping’ your favorite local spots and
travel recommendations, discover your friends’
recommendations, and have all of these great
businesses at your fingertips.”
The Deal The idea’s simple: if you like it, you
“Ping” it to let people know about it. It shows
up in their feed if they’re following you. There’s no negativity or bad
reviews: you just build up a social network of your friends, and people
whose opinions you trust.
The Dream “Our dream is for Pingspot to be your go-to source
whenever you need to answer the question ‘Where should I go for _____.’
If we can achieve that, then lots of other good things will happen.”
www.pingspot.com, free from the App Store.
pingspotWINSToN Wu
Launched June 2013. Web platform
currently in beta.
The Elevator Pitch “We enable Chinese
social media for non-Chinese readers.”
The Deal Chinese social media is huge.
Sina Weibo has more than 500 million
registered users, and if you don’t read
Chinese that’s a significant part of the
internet that’s closed off to you. Surround
provides real-time machine translation
of a variety of Chinese social media
platforms, including Sina Weibo and QQ. Projected features include
human translation and accurate slang translation so you don’t miss out
on the nuance.
The Dream “To take down the barriers of social media language.
To help people communicate with each other, to have an open
conversation and break down language barriers.”
www.surroundapp.asia, free from the App Store and Google Play.
SurroundJeffRey bRoeR (l) ANd
ANgelINA yAN (R)
Additional reporting by Yannie Chan and Sarah fung.
HK MAGAZINE FRIDAY, octobeR 4, 2013 19
SpaceThinkTo
Find yourself the ideal workspace. By Lisa Huang.
So you’ve got the perfect idea for the perfect business: now all you
need is an office. These collaborative work spaces will get the creative
juices flowing. Or maybe that’s just all the coffee you’ll be drinking.
Fill in The blankBest for: Sensitive artists. In the DIY-like
workspace, members at FTB will coax your
inner artist out of its cave. If you’re creative—
a writer, graphic designer, or musician—this is
the place for you.
The space: An arcade. There’s nothing like
a TV, Xbox, and a fully ranged movie and board
game collection to spike that creative flow.
The 1,000-square-foot space is equipped with
a comprehensive library, long worktables,
and dry erase walls.
What’s on? Board game and movie
nights… the tweens in us are already shaking
with excitement.
Sign up: It’s a flat rate of $100 per day,
for up to six hours of full-on creating.
If you’re a student, it’s just $50.
13/F, Hang Wai Commercial Building, 231-233 Queen’s Rd. East, Wan Chai, 2897-7792, www.fillintheblank.hk.
The hiveBest for: Classy visionaries. Chic consultants,
entrepreneurs, and independent professionals
who work in fashion, wine, trade, real estate,
advertisement, architecture, high-end metal
and jewelry design…
The space: The Hive comes from British
interior design firm Alexander Waterworth,
whose past projects include luxury hotels in
Miami and private clubs in London. The open,
breezy workspace is three floors high, equipped
with kitchens, lounges, sun terraces, meeting
rooms, and a business concierge. Actually, we
might just relocate HK Magazine here. We could
do with a little more sun terrace time.
What’s on? Workshops, courses and shows.
It also offers social media workshops, legal
clinics, customer relationship management
courses and fashion shows hosted by local
online fashion brand Shop des Créateurs.
Sign up: There are daily rates ($300), part-time
rates ($2,800 per month) and everything up
to monthly dedicated office or workstation
memberships (from $6,000 per month) for
those after longer-term spaces. Startups and
social enterprises get reduced rates.
21/F, The Phoenix Building, 23 Luard Rd., Wan Chai, 3568-6343, www.thehive.com.hk.
cocoonBest for: Tree-hugging masterminds.
CoCoon is an incubator-type space that
prioritizes eco-friendliness and social
responsibility. “CoCoonians”—early stage
entrepreneurs—can find mentorship and
resources from Entrepreneurs in Residence:
hired, experienced industry experts.
The space: Keeping in mind the eco- and
socially-conscious theme, the 14,000 square feet
of open space looks more like a mini-golf range,
just without the holes. In addition to a library,
lockers, conference rooms, huge worktables, and
a photography studio, it has—wait for it—foosball
and Ping Pong tables. Beer pong, anyone?
What’s on? Pitch Nights. Held once a month,
members pitch ideas and network with
investors… and maybe play some foosball
afterwards. Nothing like some networking
through the medium of tiny skewered people
kicking tiny plastic balls.
Sign up: Visit an open house night. Bring
your laptop, enjoy the café, play some ball
and join the CoCoon: you can get a six-day-a
week membership for $2,000 a month, and
participation in weekly events is mandatory.
3/F, Citicorp Centre, 18 Whitfield Rd., Causeway Bay, 3158-2999, www.hkcocoon.org.
Dim Sum labSBest for: Inventors and life hackers. As diverse
in offerings as a dim sum cart, Dim Sum Labs bills
itself as a “think tank.” If eccentric innovations
are your thing, be sure to get to know the
other members: for example, there’s one who’s
currently developing a brain-reading machine.
The space: Doraemon’s magical pouch.
This place is home to a host of really cool
equipment such as electronic parts, Arduino
microprocessors, a RepRap 3D printer, and a
CNC machine. We have no idea what half those
things are. Members also get full access to
a rooftop and 600 square feet of ample testing
space; we call first dibs on space rocket flights.
What’s on? HackJams—a platform for those
interested to check out the place and talk
hacks and ideas over free flow beer. Kind of like
a frat party, but with fewer sweaty 19-year-olds
and more laptops.
Sign up: Visit an open night to check out the
vibe, and sign up if you like the feel. Year-long
memberships cost either a $5,000 lump sum,
or $500 per month for a year.
14/F, 100 Jervois St., Sheung Wan, www.dimsumlabs.com.
hk commonSBest for: Techies. Having merged with BootHK,
another collaborative workspace, HK Commons
targets tech start-ups and developers. There
are two venues: the corporate-vibe Sheung
Wan branch, or the Lai Chi Kok locale, which is
basically Silicon Valley in HK and specializes in
video games and tech.
The space: Aside from being the best of both
working worlds—a hybrid between an open
working space and private executive offices—
HK Commons is the corporate mom you’ve
never had. They take care of everything from
incorporating your company, to a one-year
domain registered website, to business
cards and government paperwork.
What’s on? Free knowledge! Who says
education ends after college? HK Commons
offers lectures featuring top-notch speakers
and classes on tax-efficient strategies for expats.
Sign up: The full HK Commons care package
will set you back $8,888, if you pass the
interview. With BootHK’s merger, however, you
can also sign up for more flexible memberships.
25 & 27/F, Workington Tower, 78 Bonham Strand, Sheung Wan, 3563-9201, www.hkcommons.com.
The Hive’s sun terrace
This is a superfluous caption
Talking ideas with BootHK
It’s like startup Google
Stylish eco-entrepreneurs
All in a trendy day’s work
Making it work
20 HK MAGAZINE FRIDAY, octobeR 4, 2013