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TECH IN ASIA
INTROTech in Asia is a media startup:
Tech in Asia is a tech blog that authors on tech and startups in Asia
Startup Asia is a series of conference focusing on tech and startups in Asia
Founded in 2010
Invested by East Ventures in early 2011
Full-time in March 2011
Startup Asia Conferences held in Singapore and Jakarta
Largest English media focusing only in tech and startups in Asia
Team members based in Beijing, Suzhou, Tokyo, Singapore, and Jakarta (made up of 5 different nationalities)
“Tech in Asia” Singapore trademark belong to us
FACTS
• Willis - I manage both editorial and business.
• Minghao - He is the head of business development. So he manage our finance and accounting as well. He is an accounting graduate too.
• Andrew/Vanessa - They head up the China market with Willis. They do both business development and editorial matters.
• Rick (Japan), Charlie (U.S), Steven (China) - Rick, Charlie, and Steven are the core editors. They focus only on editorial matters. Charlie just went back to U.S (previously in Beijing). But he will still be with us so our blog has 24 hours coverage now.
• Fini - Fini has over 10 years sales experience in Indonesia.
• Gege/Joshua - Gege is an ex-Yahoo Indonesia. Joshua has been with us the longest. Both of them are local community managers in Indonesia. They also blog when they have story leads.
• Enricko - He is a full time writer in Jakarta, Indonesia. Freelanced for Jakarta Globe previously.
• Eric - He manages our server and backend and keep them up and running.
TEAM
BEIJINGTOKYO
SHANGHAI
SINGAPORE
JAKARTA
Annual Revenue: < US$10,000
Monthly Uniques Visits: 50,000
Monthly Pageviews: 100,000
Full-timer: 1
STATS BEFORE SEED FUNDINGProjected Annual Revenue (2012): US$500,000 (Not including current funding round)
Monthly Uniques Visitors: 100,000
Monthly Pageviews: 270,000
Full-timers: 11
STATS AFTER SEED FUNDING
1. Conference: Ticket sales and Sponsorship
2. Online advertising
BUSINESS MODEL
1. Conference in the region
• Singapore: DEMO Asia, Echelon
• China: GMIC, ChinaBang, Disrupt Beijing
• Indonesia: Sparxup, Idbyte
2. Online advertising
• CNET: $60cpm
• Techcrunch/Mashable: $20cpm
• Competing blogs: Technode, Dailysocial, SGE
MARKET, COMPETITION
On events:
• We bring the conference to the city
• No events are truly connected regionally in Asia
• Mostly localized with little international crowd
• More and more companies looking to sponsoring conferences as tech and startups in Asia see an upwards trend
• Others:
- Disrupt Beijing 2011 lost money, not returning to China
- IDBTYE not running this year
On online ads:
• At $10cpm and 3,000,000 pageviews per month = $30,000/month
GOAL1. Create a link between China and
Southeast Asia
2. To promote tech and startups in Asia
3. To connect Asia
HOW
1. Hire and learn
2. Chinese editorial
PRE-MONEY VALUATION
US$3 million
6x of 2012 revenue
Extensive network in Asia
Identified acquisition targets already
Recent media acquisition
•Revision3 by Discovery Channel for $30 million
•TechCrunch: Acquired by AOL for $40-80 million
•ReadWriteWeb acquired by SAY Media
•Paid Content acquired by GigaOM
HOW MUCH WE ARE RAISING
US$500,000
Hire writers and sales staff
Expand to China
Establish Chinese and Indonesian editorial team
2014
FUTURE PLANS
2012
Q3 Q4 Q1 Q2 Q3 Q4
2013
Startup Asia Singapore
Startup Asia Beijing
(pending)
Startup Asia Jakarta
Build team, Indonesia/China
iStart China
iStart Indonesia
Startup Asia Bandung
2012• Build team:‣ Increase presence in China,
Indonesia‣ Launch Chinese editorial site
2013• Revenue focused‣ Conference in Singapore, China, Indonesia‣ Expand online advertising revenue
2014• Continue conference which
are done in previous years and also explore other markets like India and Vietnam
Explore games distribution business
Projected Annual Revenue (2013):
Conference: US$900,000
Online ads: US$100,000
Monthly Uniques Visits (2013): 500,000
Monthly Pageviews (2013): 1,200,000
Full-timers: 15 (China, Singapore, Japan, and Indonesia)
STATS AFTER THIS ROUND
Now 2013 (After funding) 2014
Revenue $500,000 $1,000,000 $2,000,000
Op. cost $457,000 $716,000 $732,000
Profit $43,000 $284,000 $1,268,000
Unique visitors 100,000 500,000 1,000,000
Pageviews 270,000 1,200,000 3,000,000
Team 5 15 20
STATS SUMMARY
ProfitRev
UniquesPageviews
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
2010 2011 2012 2013 2014
3,000,000
2,225,000
1,500,000
750,000