SVIF Seminar "Differences to Make a Successful Venture": 「成功できるベンチャーは何が違うのか」 [Report]

SVIF Seminar: Mitch Kitamura "Differences to Make Successful Venture"

Title タイトル: "Differences to Make a Successful Venture -- What to Do";
Speaker スピーカー: Mitch Kitamura; 北村充崇 (Managing Director, DraperNexus)
Date/Time 日時: May 13(F), 2016, 7:30-9:00pm; 5月13日(金)19:30~21:00
Venue 場所: Wilson Sonsini Goodrich & Rosati, 650 Page Mill Road, Palo Alto, CA
Website ウェブサイト:

Mr. Kitamura's Presentation at SVIF Seminar; SVIFセミナーでの北村充崇氏のプレゼン
160513SVIFa16.jpg 160516SVIFb16.jpg
Based on his venture capitalist career for two decades, Mitch Kitamura (Managing Director of DraperNexus Ventures) made quite an impressive and informative presentation about recent trends in venture business in Silicon Valley at his SVIF seminar for mostly Japanese business audience in Northern California.
After identifying four target areas for current venture business, namely, big data-based insurance, autonomous vehicles, cyber security, and blockchain, he listed key factors which seem to differentiate successful ventures from unsuccessful ones -- (1) grit (or resolve), (2) persuasive story, and (3) fast growth.
On the other hand, the single most important reason for failure appears to be "no market lead", that is, no market demand for the new product developed by venture business, according to Mr. Kitamura.
However, there were quite a few questions about this statement from the audience, pointing out that at least some of the successful venture businesses made a success, exactly because there were no markets for their products until they produced and marketed -- so the question is how to resolve this dilemma for venture business.
Apparently no clear answer exists, but what Mr. Kitamura called the Silicon Valley Rules could give a good suggestion as to how to deal with this dilemma for future success in venture business: that is, (1) pay it forward: give and take, (2) do and build a thing, (3) open to feedback, and (4) be excited with what you do -- very good advice indeed.
(Reported by T. Miyao)

Stanford Seminar on” Immigration Policies”: スタンフォード・セミナー「移民政策について」 [Report]

Stanford OpenXChange Seminar: "Learning About Immigration Policies"

Title タイトル: "Learning Together About Immigration Policies & Experiences"
Panelists パネリスト :
Shanto Iyengar, Chair in Communication, Professor of Political Science and Director of the Political Communication Laboratory
Ana Minian, Assistant Professor, Department of History and the Center for Comparative Studies in Race and Ethnicity (CCSRE)
Greg Walton, Associate Professor, Department of Psychology
Date/Time 日時: May 12(Th) 15:30-17:00
Venue 場所: Branner Hall Lounge, Stanford
Website ウェブサイト:
Sponsored by 主催: OpenXChange, CCSRE, El Centro Y Chicano, Immigrants' Rights Law Clinic, Stanford Humanities Center, SIG, Stanford Law School

Panel at the Seminar in Branner Hall Lounge: セミナーでのパネリストのプレゼン
Report (English/Japanese):
At this interactive seminar, three panelists specializing in history and policy of immigration presented their views and analyses on the highly controversial issue, especially in the current presidential election year.
Reflecting their disciplines, their presentations and subsequent discussions tended to emphasize a close link between the immigration issue and racial problems within the context of US politics and policy choices, thus often resulting in rather short-term fluctuations in public interest and enthusiasm in this issue, as some panelist pointed out.
What is missing in this seminar as well as public discussion in the US seems to be the analysis and understanding of long-term cost and benefit of immigration, especially in economic terms, from the national and international viewpoint.
(Reported by T. Miyao)

Stanford Seminar on "Bitcoin and China": スタンフォード・セミナー「ビットコインと中国」 [Report]

Stanford Engineering Seminar: Bobby Lee "Bitcoin & China" (May 11, '16)

Title タイトル: "Bitcoin, China, and Startups"
Speaker スピーカー: Bobby Lee, Co-founder and CEO of BTCC
Date/Time 日時: May 11(W), 2016, 4:30-6:00pm
Venue 場所: NVIDIA Auditorium, Huang Engineering Center, Stanford
Website ウェブサイト:
DFJ Entrepreneurial Thought Leaders Series
Sponsored by 主催: Stanford Technology Venture Program, Business Association of Stanford Entrepreneurial Students

Huang Engineering Center; Bobby Lee's presentation ボビー・リーのプレゼン
"Physical version" of bitcoin, Seminar shown on monitor outside the auditorium
Report: (English/Japanese)
Mr. Bobby Lee with his BS and MS in Computer Science from Stanford is "co-founder and CEO of BTCC, the leading bitcoin financial platform and the longest-running bitcoin exchange worldwide," according to Stanford's event website.
His seminar at the Engineering Center Auditorium has revealed why he has been so successful in this highly controversial business in the tightly regulated country.
After explaining the basic concept and nature of bitcoin, including "bitcoin mining," which itself is an interesting process, he turned to why bitcoin is so popular in China and also how to make a good entrepreneur in China, rather than getting into technological details about bitcoin, such as "blockchain," which most of the audience was interested in.
Furthermore, in taking up the Chinese situation, he emphasized mostly positive aspects (saying "the Chinese like bitcoin because it represents the digital future" and "the Chinese government seems supportive of bitcoin") and minimized the widely believed negative aspects (saying "bitcoin is not so heavily used to evade capital controls in China").
So, this seminar turned out to be a kind of promotional pitch rather than an academic explanation about bitcoin and its acceptance in China.
In any case, he is a terrific salesperson, and it is now understandable why he has been so successful in China for so long.
(Reported by T. Miyao)