The State of Venture Capital Industry – May 28, 2015

The State of Venture Capital Industry – May 28, 2015

Thank you for joining us on Thursday, May 28th at our annual “State of the Venture Capital Industry” luncheon where we discussed the latest developments both locally and nationally. [embedyt]https://www.youtube.com/watch?v=udPYxW2-GRs[/embedyt] DOWNLOAD TIM DICKS PRESENTATION HERE OR  View On SlideShare PANEL SPEAKERS “State of the Venture Capital Industry” David Mes — Cofounder & Managing Partner at Arc Capital Ventures Tim Dick — General Partner at Startup Capital Ventures Omar Sultan — Managing Partner at Sultan Ventures & XLR8UH Chenoa Farnsworth — Managing Director at Hawaii Angels & Blue Startups Greg Gaug — Vice President of Investments at Ulupono Initiative Thank you to our sponsors KMH, LLP, and the Plaza Club. For more information about sponsorship opportunities, contact Sandy Shiraki at sandy@hvca.org....
Broadband: What We Don’t Know About It Could Kill Us – March 26, 2015

Broadband: What We Don’t Know About It Could Kill Us – March 26, 2015

This month’s luncheon discussed what Broadband will do for business and why it’s necessary for the innovation community. What are the infrastructural requirements – where are we now, what do we need and what are we doing? If we want to compete with other business hubs, we need to be better, not the same. Panelists Tim Dick — General Partner at Startup Capital Ventures Jared Grugett — President / CMO at Hawaii Dialogix Telecom (HDT) Karl Fooks — President of the Hawaii Strategic Development Corporation (HSDC) Alex Bergo — Founder of LiveSift David Cunningham — Managing Director at Global Virtual Studio (GVS)   Thank you to our sponsors KMH, LLP, and the Plaza Club. For more information about sponsorship opportunities, contact Sandy Shiraki at...
2015 Legislative Agenda – January 22, 2015

2015 Legislative Agenda – January 22, 2015

Thank you all for joining us in learning what’s on the 2015 legislative agenda, getting a handle on the programs that affect the future of the innovation economy in Hawaii. Panelists:  Karl Fooks — President of the Hawaii Strategic Development Corporation (HSDC) Robbie Melton — Executive Director & CEO of the High Technology Development Corporation (HTDC) Sherry Menor-McNamara — President & CEO of the Chamber of Commerce Hawaii Ian Kitajima — Director of Oceanit  Thank you if you also stayed for the innovation community discussion. Burt Lum, Executive Director of Hawaii Open Data moderated an open community discussion on what the current and future needs are for the innovation community. How can we understand, mobilize and make an impact in helping government support and grow this economy. Thank you for supporting these programs. Thank you to our sponsors KMH, LLP, and the Plaza Club. For more information about sponsorship opportunities, contact Jared Kushi...
Growing Hawaii’s Innovation Economy – December 4, 2014

Growing Hawaii’s Innovation Economy – December 4, 2014

HVCA Special Event “Growing Hawaii’s Innovation Economy” HVCA is proud to announce the success of the Annual Best Practices Symposium event with support from the HiGrowth Initiative and Hawaii Business Roundtable. Hawaii Business Roundtable  A presentation made by the Hawaii Business Roundtable of their upcoming Hawaii Innovation Assets Report. This report identified Hawaii’s current innovation assets and highlights the importance of growing the research and innovation sector to generate future economic growth. Keynote by Enrico Moretti A keynote speech made by Professor Enrico Moretti, author of The New Geography of Jobs, on the importance and role of the innovation sector in generating economic growth and new jobs in the economy. Panel Discussion  A panel discussion with audience Q&A about what was working, what was not working and what more could be done to grow Hawaii’s innovation sector. This was a great opportunity to network with the innovation community at the new ProtoHUB while enjoying light pupus and drinks. Speakers  Richard Wacker is the President & Chief Executive Officer of American Savings Bank. Rich joined ASB in 2010 and leads the management team responsible for growing the bank’s business to better serve Hawaii’s retail and business customers. He also serves as a director of the bank. Prior to joining American Savings Bank, Rich was Chairman of Korea Exchange Bank (KEB), the fifth largest Korean commercial bank. In 2008, Rich was recognized as one of Korea’s “Most Respected CEOs.   Tina Fitch was a co-founder and served as CEO of Switchfly, the world’s most comprehensive, global software-as-a-service travel and loyalty platform, powering over $1.25bn in commerce annually. She grew the company from inception to operations...
Gubernatorial Luncheon – October 30, 2014

Gubernatorial Luncheon – October 30, 2014

“The Next Era for Tech and Innovation in Hawaii” HVCA’s October luncheon at the Plaza Club featured gubernatorial candidates David Ige, Duke Aiona, Mufi Hannemann, and Jeff Davis, in what was the last gubernatorial forum before the 2014 election.  Candidates discussed their positions on furthering diversification, innovation, and growth in Hawaii’s innovation and technology sectors.  The event was attended by over 100 people hoping to hear how the candidates planned to take Hawaii tech into the future.  The candidates were each given the chance to deliver brief opening and closing remarks, however, the majority of time was alloted for a live Q&A discussion with audience members.  Audience participants submitted their questions in real time utilizing Hawaii company LiveSift’s Smart Meeting Platform.  The gubernatorial forum was moderated by HVCA president Meli James, who kept the candidates in line, on time, and for the most part on point.  Candidates touched on many of Hawaii’s pressing tech issues including:  being competitive in a global setting, the creation of jobs in the tech industry, and why they were the best fit to lead Hawaii’s tech future. Please join us at our next exciting year-end event Growing Hawaii’s Innovation Economy on December 5.  This event will showcase the Hawaii Business Roundtable’s two-year report on the state of innovation in Hawaii.  The event will also feature a keynote by Professor Enrico Moretti, author of The New Geography of Jobs, on the importance and role of the innovation sector in generating economic growth and new jobs in the economy.  The year-end event will take place at the new ProtoHUB for light pupus, drinks, and networking opportunities with Hawaii’s innovation community.  The event will be free to all HVCA...
New Investment Innovations – September 25, 2014

New Investment Innovations – September 25, 2014

Thank you all for joining us at our September Luncheon, where we discussed new models in the investment space – expanding funding options beyond traditional VC and angel investing. Our panelists covered crowdfunding, local stock exchanges, accredited investor platforms, royalty stream investments and foreign investor programs. Below is the article PBN published covering the September Luncheon: Crowdfunding, angel syndicates and royalties offer new ways to invest in Hawaii.   Entrepreneurs in Hawaii have more opportunities for investment past the usual friends and families and venture capital sources. Crowdfunding, royalty finance and syndicate funds were just some of the options discussed at the monthly Hawaii Venture Capital Association’s luncheon on Thursday. HVCA board member Rob Robinson said most startups operate by bootstrapping, and do not receive money from venture capital or other investments. He said 90 percent of startups receive money from the three Fs – Founders, Friends and Families. For many innovative startups, the route to funding goes from bootstrapping to angel investors, venture capital, followed by non-financial corporations, equity markets and then commercial banks. Darren Nunn, a partner at McCorriston Miller Mukai MacKinnon’s corporate and public finance groups, spoke about investment-based crowdfunding and the JOBS Act. Since September 2013, entrepreneurs using Rule 506 of Regulation D exemption can now advertise their offering and solicit investors, and up to 35 unaccredited investors will now be able to participate in Rule 506 offerings. To become an accredited investor, individuals must have $1 milion in net worth or $200,000 in annual revenue. Laurens Laudowicz, founder of Juicies, managed one of the most successful Kickstarter campaigns out of Hawaii, raising over $750,000. Prior to that, Juicies,...