Duanzumi Wins Startup Weekend Beijing

Startup Weekend Beijing, organized by Red Pagoda Resources, culminated in the pitch session last night. Held at Holiday Inn Express in Dongzhimen, six teams were given the opportunity to persuade the panel of judges, why they have the most potential. Judges included Robbi Jiang from Blue Run Ventures, Jerry Liang from Gobi, Xiaojun Li from IDG and Wayne Shiong from Bertelsmann Asia Investments.

The winning team was Duanzumi, lead by Betty Tong. Duanzumi is an online platform for people to find short-term stay rooms, similar to the Airbnb model and will compete with Airizu and Mayi in China. I believe Betty won the approval of the judges for having a deep understanding of the market and how to differentiate from existing players. As her prize, Betty will be given a position to pitch her idea at our TechNode Launchpad event, where she will compete for a significant cash prize (to be confirmed) and maybe even a trip to Finland to explore the origins of Angry Birds. Congratulations to Betty!

The runner up was team KAT, lead by Matthew Gao. KAT is an online art education platform that gives kids an opportunity to learn and self-promote their creative side. It will also allow art tutors to connect with kids and share their skills. Given China’s need to support independence and creativity, this is a great grassroots platform to start with China’s young generation.

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