Despite challenges, startups see a bright future for tech companies in Hong...

Despite challenges, startups see a bright future for tech companies in Hong Kong

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Hong Kong is one of the world’s premier financial hubs, but can it be a destination for tech startups? That was the question put to a panel of experts at the TechCrunch China event in Shenzhen today. The answer, largely, was yes but it may need a little time.

“Hong Kong is becoming a global innovation center, but it needs companies to look up to,” Blake Larsen, head of international at logistics on-demand startup Lalamove, told an audience at the event.

Larsen, whose company has raised more than $60 million from investors, argued that all signs point to a change in the mindset and ambition within the country, but it will take time for perceived ‘riskier’ career options to gain mainstream attention. Traditionally, banking and real-estate has been the primary choice of career for fresh graduates, who have pressure on landing a rewarding and established career to satisfy family and society. Added to that, here is no example of a tech company rising up to set an example…

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Source: TechCrunch

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