![\"\"](\"\/wp-content\/uploads\/2010\/08\/P6030974.jpg\" "\\"Heights")
<\/a><\/p>\nRobert Neville – California Wine Supply<\/h3>\n
Rob, an eminent entrepreneur, rugby player, Brown alum, and childhood friend spends his time developing a business, California Wine Supply. He imports wine from our native California to the Hong Kong market. \u00a0Initially planning on selling to mainland China, Rob has chosen to start with the local market as a healthy foundation for the business. \u00a0Now his considerations range from logistics (how does one transport 20 cases of temperature-sensitive wine across the Pacific Ocean), to judging local tastes, to engineering price-points palatable for restaurants and retail, and securing available capital. \u00a0Luckily, regulations are on his side, as the import taxes on wine in Hong Kong have dropped considerably<\/a> recently, allowing him a fantastic opportunity to build a new market. \u00a0What’s more, the most natural way he saw to market himself – social media – has become the darling medium of the consumer world.<\/p>\n Cool, calm, and collected, Rob serendipitously found himself in the position of the Social Media King of Hong Kong wine by releasing admittedly hilarious wine tasting videos<\/a> from his time in Hong Kong and Shanghai<\/a>. \u00a0Furthermore his Twitter feed<\/a> attracts followers of the Hong Kong wine scene, and earned him a spot as an organizer of the Hong Kong Tweetfest and as the social media guru for upcoming wine shows in city.<\/p>\n What kind of an appetite will Hong Kong, and eventually mainland China, have for California wine? \u00a0In a market dominated by French vineyards, it will take a bold character like Rob to innovate and produce a product for sophisticated consumers. \u00a0Some prototypes now include blended varietals inspired by European tastes from regions in California previously wedded to wines consisting of single grape stocks. \u00a0Packaging too, he claims, could use a revamp, as that’s how most buyers, in conjunction with price, choose a wine. \u00a0Imagine a single piece of duct tape in place of the front label: \u00a0title optional, with only regulatory labeling on the rear. \u00a0Whatever the market demands, he’ll no doubt imagine and engender a set of\u00a0imaginative\u00a0solutions.<\/p>\n \n Mr. Z has quite a different approach to his career than Mr. Neville. \u00a0Mr. Z worked tireless summers in New York and Hong Kong during Brown University summer breaks at the finest investment banks in the business. \u00a0Upon graduating, he turned down admission to Stanford’s graduate school to take a job with China International Capital Corporation<\/a> (en<\/a> – \u4e2d\u6587<\/a>), the Beijing-based state-owned investment bank that co-underwrites IPOs for major Chinese corporations. \u00a0There, under a strenuous schedule, he worked on the initial public offering of the Agricultural Bank of China<\/a>, which, if the bank chooses to exercise their full offering of shares, will be the largest IPO in history.<\/p>\n Completing that, he was poached by a global top-tier investment bank to work in Hong Kong under a senior advisor responsible for taking some of the most venerable firms in Silicon Valley (like Amazon, Google, and Cisco) public. \u00a0At this new bank, he takes responsibility for a swath of clients in the technology and media space, most of which are Chinese variants of western Internet super-phenomenons. \u00a0Curiously, these firms choose to go public as the successful firms of Web 1.0 did, while the largest western players in Web 2.0 tend to get acquired or stay private.<\/p>\n We met at his offices in Central and hustled over to a street of Lan Kwai Fong. \u00a0There, we sat down at the Luk Yu Tea House, one of the last surviving in Hong Kong with interiors ornately decorated in the Old Shanghai style.<\/p>\n After ordering an array of mouth-watering dishes, he began to describe the professional life that was now his own.<\/p>\n His schedule:<\/em><\/p>\n What exactly does he do during these many working hours? \u00a0Model financial statements, produce pitch books, proofread, prepare filings with regulators, and author massive investment prospectuses. \u00a0As we spoke, he punched away on his Blackberry, communicating with high-quality, highly confidential printers in Hong Kong and on the mainland whom the firm would pay $100,000 to print 10,000 three fingers books. \u00a0Some of these IPOs, he mentions, generate $1,000,000 in fees for printers alone. \u00a0“I should be in the printing business,” he quips. \u00a0Quite amazingly, these printers will reprint the prospectuses again and again for the bank if any changes need to be made in the text.<\/p>\n He admits that it’s putting a tremendous amount of stress on him, letting his body and social life deteriorate. \u00a0He flies first class on Cathay Pacific every week, and stays at the nicest five-star hotels in the cities where he travels, but he couldn’t care less about those perks. \u00a0Without much entrepreneurial freedom, and mostly fighting exhaustion, he quizzes me on start-up life and on getting involved with high-tech ventures. \u00a0While tense to witness, Mr. Z is admittedly making history, taking gigantic Chinese banks public and participating in the IPOs of the most notable Chinese tech companies. \u00a0It’s bankers like Mr. Z who empower entrepreneurs, their customers, and their users by providing providing the ultimate liquidity of a public stock offering. \u00a0China needs people like him, supporting these entrepreneurs in high-technology, high risk ventures. \u00a0Where he will go next? To the start-up side, or to the investment buy-side? It is yet to be seen, though we will no doubt revisit him on AsiaWheeling 3.0 as he continues to seize his destiny.<\/p>\n \n I originally met Mr. Ben Rudick by inviting him and Mr. Nathan Wyeth to join Woody and me for dinner in Tokyo at the delicious Korean yakiniku restaurant Ton Ton Tezi<\/a>. \u00a0At this restaurant, the plate that fries the meat is slanted, with meat upstream and cabbage at the bottom of slant, thus coating the vegetable in delicious fatty oil. \u00a0In Hong Kong, we met for lunch, and I snapped this portrait of him outside his office in central, joking that he needed a photo for the back of his book cover.<\/p>\n At the time, Ben and Nathan were working for the Shoenfeld Foundation identifying projects for investment in the social enterprise space. \u00a0Now in Hong Kong, Ben is focusing much of his effort on being director of the program for “Empowering Chinese Social Enterprise Leaders” (ECSEL)<\/a> This fantastic program provides full scholarships in the U.S. for young Chinese social entrepreneurs to develop their businesses and engender positive change. \u00a0The program was launched at the Clinton Global Initiative in 2009. Pictured below are two of the 30 scholarship winners, Jingji Zhang and Wang Jun, next to Ben Rudick, Bill Clinton, and Bill Shoenfeld (of his eponymous foundation).<\/p>\n Ben’s efforts continue to grow in the social enterprise space, with future possibilities for investment and further cultivation of Chinese social entrepreneurs. \u00a0Graciously, Ben provided some invaluable advice for my own ketchup business over don-katsu lunch from the delicious cafeteria in ThreeSixty (more below), and for this I am forever grateful.<\/p>\n Beyond these fascinating characters, there are a few other phenomena in Hong Kong worthy of an Adventure Capitalist mention.<\/em><\/p>\n My blue polo shirt became stained, ripped, and eventually lost at some point on AsiaWheeling and thus I was happy to visit my favorite Japanese clothing retailer, Uniqlo<\/a>, to acquire an identical one to replace it. \u00a0At the cashier, I was surprised to see a receipt in which I was to circle which currency was preferable to pay with my credit card- U.S. Dollars or Hong Kong dollars. \u00a0Before this, I had not come across this, and wondered what the value was in giving the customer this choice.<\/p>\n The Hong Kong Dollar is soft-pegged to the U.S. dollar, so the discrepancy in values would not be great, though I wonder if credit card issuers may add fees to purchases in foreign currencies. \u00a0Thanks to CitiBank, this was not a concern, though I encourage more hypotheses for why this system developed.<\/p>\n Horse racing, the only legal form of gambling in Hong Kong remains phenomenally popular among the people of the city. \u00a0Cabbies have their favorite horses and study the odds published in the sporting press, while expats attend the races to socialize and punt on random horses, and all over the world gamblers can place bets thanks to the advanced online betting system set up by the Hong Kong Jockey club which organizes the races.<\/p>\n I was lucky enough to be invited by a group of expats to watch a race in Happy valley, which was quite a visual experience. \u00a0Elderly ladies with FM radios gather around each other to chat, while middle aged men swill skol beer and roll up their pantlegs. \u00a0All in all, it was most definitely a spectacle to see these beasts race, as well to consider the races a a popular point for socializing among the many expats, many of them British.<\/p>\n Hong Kong has also gained in retail sophistication since my time studying there, and while not all the below firms are new to the city, they warrant a mention.<\/p>\n Aesop<\/a>, a Aussie line of skin care and cosmetics that AsiaWheeling highly regards has expanded to Causeway Bay. \u00a0Their scientific \u00a0presentation, black, green and white color scheme, and codified simplicity of packaging make them a joy to behold. \u00a0The brand respects consistency as the aesthetic extends from the product, to the marketing collateral, to the retail store design. \u00a0While much less complex and developed, they rival Apple in their ability to immediately convey calming value to the onlooker.<\/p>\n Another is Greenfingers<\/a> in central, which provides plants and accessories for home gardening with a striking aesthetic. \u00a0With all the growth in urban farming, I’m curious to know trends about houseplant purchases in cities worldwide. \u00a0I remember\u00a0colleagues\u00a0of mine investing in Christian Tortu<\/a> designed indoor plants at Tokyo Midtown<\/a> and being quite curious about the market for these beautiful inanimate green pets.<\/p>\n Great Food Hall<\/a>, City Super<\/a> and ThreeSixty<\/a> are three phenomenal gourmet grocers which have also continued to grow. \u00a0Focusing on the highest quality products and shopping experience for a market increasingly conscious about a natural and organic origin of their foods.<\/p>\n Finally, it behoves me to mention much of my time in the city was spent researching how to ply the local market for the gourmet ketchup<\/a> which my partners and I market primarily in the states. \u00a0Serendipitously, ketchup,\u00a0a cantonese word (\u8304\u6c41-kh<\/sup>e ts\u0250p),\u00a0actually originated in the regions surrounding Hong Kong<\/a> as a fermented fish sauce.<\/p>\n<\/a><\/p>\n<\/p>\nMr. Josh Z. – Banker Extraordinaire<\/h3>\n
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<\/p>\nBen Rudick – Doing Good and Doing Well<\/h3>\n
<\/a><\/p>\n<\/a><\/p>\nPick Your Poison – Signing with Currency Choice<\/h3>\n
<\/a><\/p>\nA Day at The Races<\/h3>\n
<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\nBrand and Retail Evolution<\/h3>\n
<\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\nKetchup Adventure<\/h3>\n