Formula One & Porsche Carrera Free Practice Sessions

Fans of Ho-Pin with a flag

Yesterday morning we decided to drive to the Shanghai Circuit to check out the first free practice sessions of the Formula One and of the Porsche Carrera Cup Asia. Scott loves Formula One and he went to the circuit with us last year as well, but Elaine had never been here (she is just 2 years old), so we decided to take her as well. Joop Dorresteijn and Suna also joined us, especially to watch our unitedstyles colleague Alexandre Imperatori and our friend Ho-Pin Tung race in the Porsche Carrera Cup Asia.

Driving to the race track in (Formula One driver) Felipe Massa's Maserati

We left by 9:15 AM and arrived at the circuit at 10 AM. Our driver is a good friend of the driver of F1 driver Felipe Massa, so he arranged for us to be picked up and be driven to the entrance of the circuit in Massa’s Maserati Quattroporte. A beautiful car! In China I don’t want to have a fancy car, but should I ever live outside China I could imagine buying this car. Scott also loves the Maserati, and of course his input is also important for car buying decisions these days!

Shanghai Formula One 2012

At the circuit we found some seats on the Grand Stand right at the start and finish line, so we had a good view of the pit lane and all the activity going on there. I love the sound of the F1 cars, and even during the free practice it’s important to wear ear protection. Elaine was less impressed and even Scott found it quite loud (despite wearing ear plugs and noise canceling Bose headphones).

Scott & Elaine watching Formula One

At a certain point Elaine even wanted to go home because of all the loud noise, so we walked out to the backside of the Grand Stand where the noise level was a lot less. Elaine also kept on asking where Alexandre and Ho-Pin were, she knows both drivers well and she doesn’t know the difference between F1 and Porsche yet.

No advertising allowed at the race track (Costa Coffee)

After the free practice of F1 was over the Porsche cars got ready for their free training session. Ho-Pin had told my wife through Weibo that they would put their cars at the Red Bull pit box, so after grabbing a cup of coffee at Costa Coffee (without the Costa because of the strict F1 regulations on advertising…) we moved to a place in front of Red Bull F1 where they would put there cars.

Alex & Ho-Pin's cars before the start

It’s a real coincidence that Ho-Pin and Alex both race for the same team in the same class now. I have known Ho-Pin for 9 years now (since I produced a TV program in the UK in which he featured) and have followed his career closely over the years. I have only known Alex for about 2 years, but I see him much more often because he lives down the road from me and he has been working for unitedstyles.com for the past couple of months (he studied Computer Science and among others programmed our iPad app).

Elaine watching the races

The kids were very excited to see Alex and Ho-Pin, especially when they waved at us before the the practice started. I had shown Scott pictures of their cars in advance, so he knew exactly which car was Alex’s and which belonged to Ho-Pin. At the start oft he practice Ho-Pin started quite soon, but Alex waited a bit to save his tires. Once he started he picked up the pace quite quickly and managed to drive a 3rd time in the first practice and a 1st one (and therefore pole position) in the second practice. Ho-Pin was new to this class and was a bit slower, bit still managed to set a good time. He spinned once, which was a bit scary, but he managed to avoid the wall and could continue the practice.

Ho Pin Tung in Porsche Carrera Cup Asia 2012 @ Shanghai Circuit

Foto: G. Kremer / Twitter: @mgk54 – all rights reserved

Scott and Elaine later told me that they liked the Porsche Carrera Cup much better because it was less loud. Of course the cars are a bit slower, but they don’t really realize that. For them the whole experience of fast cars, big screens and lots of cheering people is what counts.

Alexandre Imperatori in Porsche Carrera Cup Asia 2012 @ Shanghai Circuit

Foto: G. Kremer / Twitter: @mgk54 – all rights reserved

After the practice was over we looked at some Mercedes-Benz cars (Scott loved the red SLS!) and at the Porsches (Scott liked the Carrera better than the Boxster because it has back seats, but would prefer met to buy a Panamera or a Cayenne – who knows…). After that we met up with Ho-Pin Tung and Alexandre Imperatori for a quick chat. The kids were very happy and we took some pictures with them. Interesting is that one of Ho-Pins fans was there and she came to me and gave me a picture of Scott and me. It took me a few seconds to realize that she took it last year at the race track, and that she had decided to bring it to this race because she thought she might see me here!

Ho-Pin Tung & Alexandre Imperatori with Scott & Elaine

After wishing the 2 drivers good luck we decided to go back to Shanghai to do some work. Elaine fell asleep straight away in the car, but Scott was so excited that he stayed awake the whole ride and did not even take a nap later in the afternoon. At night he wanted to watch the movie Cars again because he liked the racing cars so much. I had a great time and my family as well!

3 Day Trip To The Netherlands

It’s Friday night and I am sitting in my favorite seat (1st row on the upper deck) of a KLM B747 flying back to Shanghai after a short trip to The Netherlands. I am trying to keep my trips as short as possible these days because I want to spend more time in the office and with my family, but that makes the trips a bit harder than when I would add in another day or 2. But at least the trip was quite successful and I got tons of stuff done. The only real downside (next to not getting enough sleep): there are 827 mails waiting to be read, and hopefully not to be replied, in my inbox.

KLM back to Shanghai

I arrived in Holland on Tuesday night after a good flight. Also on that flight I had the same seat (72K) on the upper deck, and the person next to me (who turned out to be a friend of a friend, small world) moved to a different seat after take off because the business class was less than half full. So I had tons of space to work, among others on email and on a presentation. My parents were on the same plane from Shanghai, so I went to talk to them a couple of times during the 12 hour flight.

We had a bit of a delay (30 minutes) upon arrival so I said goodbye to my parents in the arrivals hall (I only had hand luggage) and went off to my first meeting of the evening. I drank a lot of coffee on the plane in the 2 hours before arrival, so felt quite awake despite the long flight and minor jet lag. After an interesting second meeting I was in bed by 10:30 PM and asleep within a minute. I put my alarm at 4 AM to work and felt refreshed and ready for a new day when the alarm went off.

Interview & photo shoot for Quote Magazine

I worked for a few hours in my room and then checked out at 7:30 AM, grabbed a sandwich in a coffee bar and took a train to the Mediapark in Hilversum for an interview and photo session with Quote magazine. The photo session was in a bar on the Mediapark (Bar Boon), and because the photographer set up a complete set several people who walked by stopped to take a look. The interview went well, among others we talked about marathon running (interviewer Jordy Hubers also plans to run the New York Marathon) and how to avoid injuries. I explained my theory that many injuries are caused by sports shoes, and that running barefoot -or at least in Vibram FiveFingers- is a good way to avoid them. People ran without shoes for tens of thousands of years without any problems, and then suddenly Nike came up 40 years ago with special running shoes with more rubber to ‘protect’ you feet and legs. IMHO the effect is the opposite, because your body now gets the wrong signals and that’s how for some people injuries start. But I digress…

RTL headquarters in Mediapark Hilversum

After the interview I went to visit broadcaster RTL to talk about my vision for the future of TV and what a company like RTL could do to be prepared for these changes. I enjoyed to exchange my thoughts with this group of RTL executives and to hear what they are doing and planning to do. After the session I had a quick lunch with my niece Ingrid, who is in charge of the RTL 365 iPad app, at the RTL restaurant before taking a taxi to Spil Games.

I had not been to Spil Games in a few months and the company keeps on growing. The company keeps on expanding its office but growth in staff seems to outpace the office size. Spil Games will therefore now set up its own campus in Hilversum, and Peter Driessen showed me the area and buildings that will be transformed first. A pretty cool plan, and something quite unique for Holland: the campus will not only have offices, but also a restaurant, sports and recreation areas and even apartments for some of the staff. This really sets Spil Games (now already by far the biggest Dutch Internet company) apart and will make it an even more preferred employer for Dutch and foreign staff.

After a couple of meetings at Spil Games I walked to the train station to take the train to Den Bosch. At the station I literally missed the train by 10 seconds because I had not set my watch correctly on the plane to Amsterdam (I think that the time on the in-flight system was a few minutes off…). So I just sat down with my laptop and worked on mails for 30 minutes until the next train would come. The ride to Den Bosch was fine and a taxi picked me up from the station to drive me to a hotel in downtown Den Bosch. I quickly freshened up and then went to the hotel bar for a drink with some of the speakers of the IMAGINE 2012 conference that would take place the next day.

Den Bosch city center

After drinks we had dinner in a nice Italian restaurant in the city center together with some of the board members of Ricoh (Ricoh organized the conference). I sat opposite the person in charge of social media at KLM, which was interesting because I had my share of issues (both good and bad) with KLM and its social media staff over the past couple of years. He told me that his staff had prepared him, and among others had sent him a link to an interview that I did with a Dutch newspaper several years ago when KLM social media policy was still in its infancy (it turned out that KLM did not even own its Twitter name at that time!). It also turned out that we both studied in Maastricht and that we have several mutual friends. Small world once again.

IMAGINE2012 Conference in Den Bosch

After a short sleep (I set my alarm for 4 AM again to go for a pre-dawn run and to work) we left for the conference venue at 7:15 AM for breakfast and a sound check. The IMAGINE2012 conference started at 9 AM and after the opening by the Ricoh CEO I was the first speaker. My topic was “Creative and Sustainable Entrepreneurship” where I among others discussed how we implement this with unitedstyles: always putting the customer central, using green production technologies and having a very efficient piece-by-piece production system. After me EU commissioner Neelie Kroes was supposed to give a speech, but she could not make it to Den Bosch so she did it through a video. Next up was Nalden, who is a relatively famous blogger and who also founded wetransfer.com. During dinner the night before we discussed whether he was not afraid to have the same fate as MegaUpload’s Kim Dot Com, but he was pretty relaxed about it. He is a pretty cool guy with a good vision on technology and future trends.

I watched a couple of other talks as well, but also had some interviews to do and had set up meetings at the conference venue, so could not see all of the presentations. (For a compilation video of the event, see here: http://www.youtube.com/watch?v=yO6fMakls78&feature=youtu.be – I’m also in the video). Late afternoon I went back to my hotel to do some work and grab a quick dinner. After another short sleep I left the hotel Friday morning at 7 AM to take a train to Amsterdam for an 8:15 AM meeting with the team of Dutch start-up PeerReach (I am an advisor to the company). They will officially launch over the next couple of weeks, it’s a cool concept and I expect a lot from them.

BNR Nieuwsradio

At 9:15 I was at BNR Nieuws Radio for a live radio interview. At 45 minutes probably the longest live interview I did so far. It was fun to do, the interview started off by discussing the main news of the day (among others the new amnesty law in Surinam, Dutch politics and soccer related news) before talking about business career so far, my investment strategy and a part about unitedstyles and its business model.

Cafe Dauphine - Amsterdam

After the interview I had to go straight away into a meeting with an investor in unitedstyles, who I so far had not met in real life. We sat on the terrace of Cafe Dauphine, next to BNR, having a coffee. The weather was very nice, sunny and not too warm. As usual I saw a couple of other people there that I know, it still seems to be the place to be for people involved in start-ups in Amsterdam. My next meeting was with the CEO of Dutch media company (that I won’t name here) to discuss a potential cooperation with unitedstyles. And then it was off to the Hilton for a drink and (very) late lunch with a private banking/family office friend of mine. We enjoyed a chilled glass of Sauvignon Blanc and a nice Salmon Club Sandwich while discussing the latest in business and private life.

Lunch in bar of Amsterdam Hilton

An hour later I was at the airport and not long after that on board the flight back home. I met a business friend on board, he was sitting 2 rows behind me. On almost every flight to and from Holland I now meet people that I know – or sometimes who I don’t know, but who come to me saying they read this blog! It was a great trip with good results, but it was quite exhausting so I am happy it is over.

Hong Kong Disneyland

Hong Kong Disneyland

Last weekend we took the kids to Hong Kong to visit Disneyland. I had not been to HK Disney in almost 7 years, we visited the park at the end of our Honeymoon trip back in Sept/Oct. 2005. Since then HK Disney has gotten a bit bigger, but it is still small compared to for example Disney World in Orlando.

We left Shanghai on Friday morning and took China Eastern for the 2 hour flight. Despite just flying economy on this trip they treated us well (Grace and I both have platinum cards for Skyteam): we could go into the first class lounge with the whole family and a small bus took us from there directly to the plane. The airplane itself was quite old (no video entertainment in the seat for example), but Scott did not mind: he has a theory that older planes are better, because they shake less during the flight! For some reason he remembers a lot of his flights and he can still tell me during which flights we had turbulence. Well, he was lucky because there was hardly any turbulence both on the way to and from HK this time, so according to him his theory was correct.

The Peak in Hong Kong

In Hong Kong we took 2 taxis to the Disneyland Resort (my parents also joined us on this trip), just a 20 minute drive from HK airport. We had a quick meal in the hotel and then took a taxi to HK Island. We could have taken the metro, but the taxi is at least as fast and much more comfortable with kids. We then took the Peak Tram to the Peak, the top of the mountain high above Central Hong Kong. It’s one of my favorite places to go for a run, but this time we just did some sightseeing with the family. We enjoyed the view, had some ice cream and walked the road around the Peak itself (about 3 km).

The Peak in Hong Kong

One of my friends recently moved to the Peak, so I looked at some of the real estate prices. They are totally nuts, there are apartments for tens of millions of dollars listed here (big apartments, but nothing that justifies such a price IMHO) and one listing had a price of over USD 100 million… I guess the latter one just wants to rent out the place or the listing was a mistake, because I can’t imagine anybody paying such a huge amount of money for an apartment.

The Peak in Hong Kong

Anyway, after the Peak my parents took the kids back to the hotel and Grace and I walked to the Mandarin Oriental for a casual business meeting. After the meeting we took a taxi back to the hotel around 10 PM. I had a glass of wine with my parents on their balcony overlooking the South China Sea and then ordered a late night Chef Salad while almost falling asleep over my plate. I realized I was exhausted and was in bed before midnight.

Hong Kong Disneyland

The next morning we had breakfast in the hotel and then took the shuttle bus to Disneyland (later I found out you can also walk, it’s less than 15 min). The kids were very excited, especially after having seen some of the Disney characters during breakfast already. Although it was a Saturday it was relatively quiet in the park, the main reason being that it was a working weekend in China, so there were not a lot of “Mainlanders” (as they are called in HK) visiting.

Hong Kong Disneyland

We first walked to the castle where Elaine took pictures with a few princesses – for some reason she knew exactly who they were, but I had no clue. I wonder where she picked up that information. Then Scott wanted to go into the Merry-Go-Round, so I stood in line with him (less than 10 min). He loved it so much, I really believe simple attractions are just as fun for kids as more elaborate ones.

Hong Kong Disneyland

The next stop was a Jungle Cruise, which I loved but which was too scary for Elaine. She was almost crying because she was so afraid during the boat ride. You can really see that Scott is a bit older now, he was also a bit afraid but still enjoyed the ride.

Hong Kong Disneyland

Next up was Toy Story Land where the kids took some pictures with the Toy Story figures and where we looked at some of the atractions. It was quite warm (about 25 Celsius), so we went for a drink and some food afterward.

Hong Kong Disneyland

The kids were not very hungry and during lunch Scott announced that he wanted to go into the Merry-Go-Round again. My dad quickly finished his food and took Scott there. I took some pictures, Scott was extremely happy to be going round and round on a horse again. After that Scott saw the Dumbo flying elephant attraction and he asked me to go with him. Here the line was a bit longer and we had to wait about 20 minutes before we got in. Once again Scott loved it, he literally had the time of his life. Too bad it was quite busy, otherwise we could have gone again.

Hong Kong Disneyland

Grace then mentioned that to me that the park could potentially make a lot more money if they would sell tickets that would allow you to go into attractions without waiting. I told her that it was unlikely that a US company like Disney would do this. This might be accepted in Asia, but not by Americans. But I was wrong: after doing a bit of research I found out that you can buy tickets for about USD 500-600 per day that let you board all attractions without waiting, and which is valid for a small group. It was not very busy in the park, so it was no big deal, but this may be something to buy when we should come back in the future. Now we did not do certain rides because the lines were 30-60 minutes and to get a fast track pass is a hassle (you have to come back at the right time).

Hong Kong Disneyland

We did a few more rides, incl. Space Mountain (just my dad and I – a great roller coaster ride in the dark), and then watched the daily parade. When that was finished we went back to the hotel for a drink and to relax in the pool before dinner. The hotel has a great slide in the outdoor pool, Scott loved riding it but Elaine was still too small to enjoy it.

Hong Kong Disneyland

Then we went for dinner, the hotel provides a very good buffet dinner. Really good quality (from lobster to mussels and from Indian curries to Japanese sashimi, plus of course tons of other foods) and with the entertainment of Mickey Mouse and his friends walking from table to table. Scott and Elaine were so happy and we took a lot of pictures of them with the characters.

After dinner I was very tired again and went to bed quite early. When I relax I need a lot more sleep than when I am working… On Sunday we again had a big breakfast, then packed our suitcases and went off to the park one more time. This time it was much more busy and we mainly walked around with the kids. Coincidentally we met Josie and her husband + 2 daughers (Josie is a good friend and a former INSEAD classmate of Grace) in the park as well, we had not seen them in a while.

Around 1 PM we walked back to the hotel and took taxis to the airport. We had lunch after check-in and immigration, and then walked to the gate, just in time to board the flight back. Again an old China Eastern plane, so again Scott was happy – and again no turbulence! We arrived in Shanghai around 6 PM where the driver was waiting to pick us up. We had a great weekend in Hong Kong, glad I took the time out of my schedule to do this.

Scott with the China Eastern plane

UA 857

UA 858 to SFO, while the KLM to Amsterdam takes off in background

Busy days are here again. That’s the main reason that I didn’t post anything here over the past 10 days or so. My day to day life is now mainly on Facebook, but even there I mainly post late at night or on weekends (my Twitter presence is getting less as well). I had forgotten how busy start-up life can be, especially when you are also talking to investors and still have some other obligations: investments in other companies/projects/real estate, mentor/advisor to several start-ups, media interviews etc. – plus a family… Even my runs are down to 1-2 per week right now, not good at all and something that will have to change very soon.

Last week Xander and I spent a few days in Silicon Valley again, mainly for talks with potential partners. Unitedstyles is actively partnering with fashion sites and communities and we were also selected by Silicon Valley Bank to present to a group of VCs at their SVB Showcase 2012 event.

Xander giving a talk at the SVB Showcase

A good trip, but flying half way around the world for 3 days is not the most healthy thing. For unitedstyles I normally fly cattle class again, meaning that I can’t really sleep (and hardly work because there are no power outlets in economy) on the long transpacific flights. So the 15-hour jet lag hits double hard. I only sleep about 4 hours per night on this kind of trips, which is enough to function normally for me but not enough to push myself to go for an early morning run. Luckily caffeine is readily available at every corner in the US!

I normally fly United from/to California, because that is the only airline with a direct connection from Shanghai to San Francisco. They have the daily UA858 PVG-SFO and UA857 SFO-PVG. Normally uneventful flights that seem to be on time most of the time. Airline staff is pretty strict and not overly friendly (they for example force you to watch the safety video if you sit in the first row, which I where I normally try to sit, even though I see these kind of airline videos about 100 times/year), but I have gotten used to that. I normally bring my own food (and from the US also my own drinks, in China you can’t board with liquids but in the US you still can…) and mostly avoid interaction with staff and other passengers. Flying is a necessity, not something you do for fun.

The only thing I notice is that the lavatories get extremely dirty towards the end of the flight. I had planned to write a post about this, because it seems to be much worse on this route than on other routes that I fly regularly. It probably has to do with the fact that there are only 4 or 5 toilets for the whole economy class, that the flight is normally almost fully booked and that it is quite long (up to 14 hours non-stop from San Francisco). On KLM flights I sometimes see that flight attendants clean the toilets during a long flight, on United I have never seen this (but maybe they do, I just didn’t notice it). Waste bins are so full that the paper is all over the ground, the toilet floor is often completely wet, there are marks from dirty shoes on the toilet seat etc. You probably catch my drift. On Friday the light in at least one the toilets did not work, so the others were even dirtier than usual. For this reason I try to avoid the toilets during the last part of the flight.

UA 858 Shanghai to San Francisco

Well, so far I did not write about it, but the reason that I am doing this now is because of this article about a major UA857 delay that someone tweeted to me. It seems that the Shanghai bound UA857 had to land in Anchorage because of malfunctioning toilets. From there things got from bad to worse with planes breaking down and with most people being stranded for 2 days in Alaska before flying on to China (or before deciding to just fly back). These things happen, and although it’s horrible to be in the middle of it, it’s better to be on the ground (even if in Alaska) when there are problems than somewhere 33,000 feet over the Pacific Ocean.

But the ironic thing is that the lavatories were blamed in the article. The exact same lavatories that I try to avoid during the last part of all of these flights. Coincidence? Probably. But I would not be surprised if this same thing happens on more of their direct flights to and from China. Maybe simple instructions on how to use the toilet in Chinese may help (more than once I have seen people that could not figure how to open the lavatory doors!), or a quick clean up by flight attendants every 2 hours or so.

My next trip from Shanghai to San Francisco is in about 4 weeks. I don’t expect it, but I hope they will implement a few changes until then. Happy flying…

Tudou and Youku merger

Tudou stock price - with huge increase (to over USD 40) after the Youku merger

The price increase was literally off the chart on my iPhone Bloomberg app

Much has been written about the Tudou and Youku merger over the past 24 hours and I don’t want to add too much to that – but I of course want to record this on my blog!

Tudou Youku merger pre-open price

Pre-trading the price was up over 200%

Personally I think the merger between the two giants of China online video is the best solution for both companies. The combination of Tudou and Youku will create a huge company that will dominate the market and that will likely have a lot of synergies. Markets also saw it that way, as my Tudou net worth tripled in pre-trading (later gains were down to ‘just’ 150%). Thanks to Gary and the board for negotiating this deal!

And if you want to have a laugh, read this Motley Fool post that told its readers to sell Tudou less than 2 weeks ago, perfect timing!

Tudou after merger day one

Price development during the first day, with a huge trading volume, and a price increase of 156%

Champagne with my dadToasting a glass of champagne with my dad 

Public figure?

Someone added a Facebook profile for me as a public figure...

Just now I was checking my messages on Facebook and noticed that 2 “Marc van der Chijs” profiles popped up: My regular one and one for me as a ‘public figure’. I was surprised, not only because I don’t really think that I qualify as a public figure (not sure what definition Facebook uses for this?), but also because I was not aware of the page and of the fact that someone else can set this up for you.

Basically I now have 2 profiles on Facebook, one that’s my own and the new one that I don’t have have access to. I don’t understand how this works, therefore this post, maybe someone can help. Does this mean that the person who set it up (I wonder who did this?) is the only one that can add content to this page? If I can’t add or delete content I would rather not have this page. Or can I just link it to my main profile? I did a quick check online but could not find much about this. If you have any info please leave a comment or send me an email at marcvanderchijs (at) gmail (dot) com. Thanks!

Comments error message

For at least a couple of weeks (or maybe even months?) you would get an error message when leaving a comment on this blog. The comment would still be posted, but that was not clear to the person who wrote it. I did not know what the reason was and had planned to reinstall WordPress in order to solve it. But today unitedstyles CTO Joop Dorresteijn took a look at it and figured out (within 1 minute!) that it was caused by a malfunctioning WordPress plug-in. After deactivating it (30 seconds) the comments worked fine again. Sorry for the inconvenience if you left a comment and were wondering whether it had been lost in cyberspace.

DEMO Asia 2012 in Singapore

Cheese and port wine after dinner

I am writing this on Friday night while on a plane somewhere above the South China Sea, enjoying a double espresso and a Jack Daniel’s on my way back home after 2 excellent days at the inaugural DEMO Asia conference in Shanghai. To be honest, when I was invited I was not sure if I should accept the invitation. Work at unitedstyles.com is incredibly busy in the start-up phase and often conferences are a lot of fun but not very useful. But this conference exceeded all my expectations.

It was my second DEMO conference, after attending one in Silicon Valley last year (where I was invited through Seraph Group, the angel fund that I am part of). I wrote a blog post about that one, comparing the start-up conference to TechCrunch Disrupt. What I did not know at that time was that unitedstyles would go on to be one of the finalists at the next TC Disrupt (in Beijing) and that I would be invited to speak at the first DEMO conference in Singapore.

The Singapore conference was held in Biopolis, a new office/research area in Singapore close to the INSEAD campus. I knew the area from when Grace did the last 3 months of her MBA there back in 2003 (time flies…), but the place had changed completely. I had actually been in Fusionopolis (next to INSEAD) during my last trip to Singapore a few weeks ago, but I did not realize that there are more buildings like that around INSEAD. At Biopolis DEMO had 3 floors and an auditorium to its disposal, just enough to fit in all the 76 (!) start-ups from 14 countries (incl. Mongolia and Brunei – and probably some other exotic ones, but these two presented in a session that I commented on).

I flew into Singapore on Wednesday afternoon and was picked up by a Mercedes-Benz. Having a nice car to pick you up is a small thing, but to me it shows the organization pays attention to details, so I appreciate it. I stayed at the brand new Park Avenue Rochester, a good hotel in walking distance from Biopolis. I had a suite with a view of Biopolis on the hill opposite the hotel. More important, the wifi was very fast so I spent the first hour doing emails, chatting on Skype with unitedstyles colleagues and downloading some software. Then I went for a quick swim in the rooftop pool before taking a shuttle to Biopolis (I didn’t know walking would have been faster).

Biopolis

I shared the shuttle with Matt Marshall (the executive producer of DEMO and chief editor of Venturebeat, one of my daily must-read blogs) and Jeff Clavier (founder of SoftTechVC, a well-know and very successful Silicon Valley early stage VC). At DEMO we were welcomed by the the staff and got our badges and then had a drink at the welcome reception. I met a lot of investors and government people that I had seen during my last trip to Singapore, and they introduced me to many other people. Within 2 hours I had given out 30 of my 100 business cards, and I started to worry if my stack would last the whole conference. I also had 3 short meetings (2 to prepare for panel discussions I was on and one with a potential partner for unitedstyles) before we went for dinner.

Dinner took place at an upscale Chinese restaurant at Rochester Park (this was literally next door to where Grace used to live, but at that time the area had not been developed yet), a small treelined street with good bars and restaurants in renovated colonial villas. The Singapore Media Development Authority had invited some of the speakers (next to Matt, Jeff and myself also Adeo Ressi (Founders Institute and TheFunded.com) and Chris Shipley (Guidwire Group)) with Michael Yap of the MDA to discuss among othe entrepreneurial climate in Shanghai and the latest trends in technology.

We had some nice wines (including a Cloudy Bay Pinot Noir – we flew over the winery in our helicopter during the January trip to New Zealand) and an Australian Chardonnay, and the food was excellent. When I heard we would have Chinese food I was not too thrilled at first (I get that almost every day if I at home), but the atmosphere of the restaurant and the quality of the food was outstanding. The dishes consisted of a mix of Beijing, Shanghai and Cantonese cuisine, that could compete with the best restaurants in Shanghai. Discussions were great as well, especially Adeo gave some good feedback on the Singapore system of attracting entrepreneurs and he compared it to Chili. The way he delivered his (not always positive) feedback was pretty good: not in a direct, offending, way (as Westerners often tend to do) but in a way that showed respect for the way Singapore is trying to grow its economy and understanding that it’s not easy to do this from scratch. I learned a lot during the night, among others that I want to check out Chili: the country has very favorable policies for entrepreneurs with a climate similar to California, and with high snow-covered mountains on one side plus beaches on the other, it sounds like a great place to live.

The next morning I had breakfast with Adeo in the hotel before walking over to Biopolis. I was a panelist in the first session, so I wanted to make sure I would be there on time. The conference started about 20 minutes too late because of a traffic jam (something that is apparently not normal in Singapore), so I had some time to do my emails and check Facebook and Twitter on my iPad. After the opening speeches I was on a panel about investing in Asia, discussing the pros and cons of doing business here. I decided to talk about the problems unitedstyles is facing in China (difficulties to get enough visas for our foreign employees, problems to reach our servers outside the Great Firewall etc.) and how that makes life for start-ups in China more difficult.

Adeo Ressi in a panel discussion at DEMO Asia 2012

I like to be a bit outspoken, and this time it had the added effect of several additional media interviews related to this topic. Today Singapore’s largest newspaper even carried an article with the title “Web start-ups face tough time in China”! I really feel that for companies like unitedstyles that mainly focus on the market outside China, the mainland is not the best place to run a business anymore. After the panel I did a few press interviews, had lunch with some people of Infocomm and then watched a one-on-one between Jeff Clavier and Matt Marshall. Jeff made some good points about how investors see start-ups from Asia (“You should move to the US yourself and arrange your visas and company formation, we don’t fund moving over your company”) that gave me some food for thought.

After that I was on a panel with among others Jeff to discuss some of the social media start-ups that had presented on stage. Generally I was impressed by the ideas that they had and by the ways they found to monetize them. But one thing I noticed while watching the presentations, is that many of them were focused only on a small market like Singapore. I liked their innovative ideas , but I probably would not invest in any of them (except for a new company called Trade Hero, but they are still in the idea phase) because of the lack of vision. Jeff saw that different though, in the Valley there are better ways to exit companies (or founder teams) like this, adding them on top of sites like Facebook or Foursquare. It gave me an interesting insight in how different US investors think from Asian investors.

Michael Yap at DEMO Asia 2012

After the panel I did a couple of other media interviews before going back to my hotel to do a few calls and change into jeans and a more casual shirt. Then I went back to the conference for a reception. There I met Virginia Cha, who is among other teaching entrepreneurship at INSEAD. Virginia and I go back a long time, because coincidentally she used to be my landlord (and neighbor) in Shanghai in the time that we started Tudou. At that time she was still an entrepreneur in Shanghai, but after that she got her PhD in Singapore and started a teaching career (while still investing in start-ups of course). She introduced me to a ton of people and then I had couple of drinks with her and her husband in their amazing Sentosa home. Their place is fantastic, probably the nicest place I have seen in Singapore so far. Directly on the ocean with a view over some of the islands in the distance and a marina on the backside. I told her that if I should ever more to Singapore she can become my landlord again if she can rent me this place!

Virginia drove me back to the hotel where I worked until 1 AM before getting a few hours of sleep. My plan was to go for a run at 6:30 AM, but it was still completely dark outside, so I decided to be lazy and sleep an hour longer. Then I had a big breakfast and went off to the conference. Originally my Friday schedule was quite empty, but overnight the organization had gotten a few more media interview requests. The result was an overfilled schedule (2 interviews or meetings per hour!), but I did not mind. During or in between the meetings I did some photo shoots as well and got a new business idea (if 3 photographers take pictures of you in one day there should be a more efficient way to handle this, right?). It was busy and a bit stressful (reporters kept on asking me about Tudou and I kept on telling them I am not part of the company anymore and can’t (and don’t want) to comment on the company), but I prefer to run from meeting to meeting instead of not having much to do. The downside was that I did not see any of the start-up presentations on Friday. And by 12 noon I had given out all 100 of my business cards. I among others still had meetings with 2 CEOs of government agencies, but could not give them my name card anymore. Not good, next time I’ll bring 2 packs of card.

Looking back I am happy that I joined this conference. I got to know many new interesting people and I got to tell a lot of people about unitedstyles (visits from Singapore to the site were up big time today), so it was the right decision to go here. I really feel Singapore’s entrepreneurial climate has developed a lot over the past years and it’s slowly becoming the Silicon Valley of South-East Asia. It’s great to experience that first hand and I hope to be back soon. Thanks team DEMO Asia for inviting me!

One more reason to love Taobao.com

I love Taobao: they even sell Dutch Chocomel for Senseo

If you live in China there is a big chance that you buy a lot of things in Taobao.com. In my family we buy at least 3 times a week items on the site because it’s so convenient and service is generally very good. Taobao started off as the Ebay of China, but it has evolved as something much more advanced and is now the biggest online market place in the country.

Everybody can set up a shop there and almost everything you can imagine is for sale on the site. Also goods that you can’t buy in regular shops in China. For example, I ordered my first pair of Vibram Fivefingers there before the running shoe brand started selling in China. And when new Apple gadgets come out that are not for sale in China yet I normally order them on Taobao.

One of the very few things that I miss in China is a Dutch chocolate milk brand called Chocomel. It’s hard to find outside Holland, and it’s certainly not for sale in China. But guess what, on Taobao you can now buy the hot chocolate version! You will need a Senseo coffee machine for this and instead of coffee pads you can put the chocomel pads in. You get the original Dutch packaging  and it’s delivered right away. We tried it out this weekend and the taste is quite good. One more reason to love Taobao!