Silicon Valley Seminar of high interest – SECRET RECIPE FOR START-UP SUCCESS

January 16, 2014

More than 120 participants attended our extremely successful seminar ’A Silicon Valley Perspective - from Budapest to the global arena’ at the Ballroom of the Budapest Marriott hotel on January 16, 2014.

We had the honour to welcome among our highly esteemed guests:

Dr Zoltán Cséfalvay, State Secretary of the Ministry for National Economy
Dr László Korányi, President of the National Innovation Office
Dr Csaba Deák, Vice President for Strategy of the National Innovation Office
Dr Endre Győző Szabó, Vice President of National Authority of Data Protection and Freedom of Information
Tamás Szűcs, Head of Representation, European Commission Representation in Hungary

Silicon Valley is the home of the headquarters of many leading Fortune500 enterprises: Apple, Intel, Hewlett-Packard, Facebook, Google, just to name a few. The Valley has also become the birthplace of many noteworthy start-ups that have definitely made a significant impact on the world. In the fierce global high-tech competition Hungarian companies have often proven to be successful: Graphisoft, Kürt, Prezi, Ustream, etc. For those that have been established in Hungary the question arises: is it worth establishing a subsidiary in the Silicon Valley in order to conquer the world; is the chance of getting equity greater there; which are the legal advantages; which are the business risks?

bpv JÁDI NÉMETH has many years-experience in counselling and supporting the activities of start-ups from the Hungarian market.


Richard A. HORNING, Counsel of Reed Smith LLP (Palo Alto, California) specializes in counselling high technology and e-commerce companies in all stages of development, from start-up to Fortune 500, with particular emphasis on funding transactions, intellectual property protection, licensing, contract and antitrust issues. Mr. Horning is Past President of the International Technology Law Association and formerly served on the Executive Committee of the Intellectual Property Law Section of the State Bar of California.

Gyula FEHÉR, Co-Founder of Ustream

Ustream is a company that provides video streaming services to more than 80 million viewers and broadcasters. Ustream’s partners include Samsung, CBS News, Viacom and IMG Media, just to name a few. Ustream's mission is to power the world's event based on broadcasts and independent live shows. Ustream is the live interactive video broadcast platform that enables anyone with a camera and an Internet connection to quickly and easily broadcast to a global audience of unlimited size. In less than two minutes, anyone can become a broadcaster by creating their own channel on Ustream or by broadcasting through their own site, empowering them to engage with their audience and further build their brand.

Imre HILD – iCatapult

iCatapult is focusing on taking European technologies to the global market.  They believe that many non-US startups have the potential of going global from day one, they just need the boost to avoid cultural, language, financial barriers and the lack of a cohesive network.