StartupsHK Poll: Which Hong Kong Co-Working Space is Delivering the Most Value?

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In the past year, there’s been a lot of growth in the Hong Kong co-work space arena. While 80/80 Space and The Loft opened in Kowloon; Platform, Paperclip and Garage Society launched on the Hong Kong side – and that’s not including government-backed spaces such as Smart-Space at Cyberport or The Hive’s Kennedy Town and Sai Kung expansions.

In a recent interview that we did with The Hive’s founder Constant Tedder, we learned that a number of changes in new tech (such as mobile computing) and career choices (telecommuting and freelancing) are supporting the co-work space model. “As the corporate world changes itself, startups are having an impact on bigger companies and on people’s ambitions for their personal careers,” he said. “People are working independently because it suits the way they want to live – and co-working spaces support a big part of that.”

While there is certainly a supply of them, and trends are indicating that there is and will be a demand – are the spaces getting used?

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Constant Tedder’s The Hive Expands Co-Workspace Empire Into Kennedy Town

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Yet another co-working space has arrived in Hong Kong. This time it’s a Kennedy Town version of Wan Chai’s
The Hive.

Just two years ago, founder Constant Tedder opened up The Hive’s doors to create a productive community for creative freelancers, photographers and startups. Building upon the success of their stylish, five-floored first location, they’re ready to take on the trendy and up-and-coming Kennedy Town neighbourhood.

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PaperclipHK’s Deepak Madnani Opens Hong Kong’s First Startup Academy/Co-Workspace in Sheung Wan

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With Hong Kong’s first Startup Grind on tomorrow at Paperclip, we went by the new co-work space and academy to chat with founder Deepak Madnani.

By taking a leaf from Steve Blank and Eric Ries’ book, the heart of Paperclip is in the academy, and courses will be drawn from the methodologies behind the lean startup movement. For those unfamiliar with the lean startup principles, it encourages entrepreneurs to get comfortable with failure and stresses the importance of always innovating and iterating. While great execution is what brings an idea to life, the lean startup way suggests that experimentation vs. elaborate planning can actually make starting a company less risky.

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