Roofcamp #4 started with a good discussion about the local startup experience with regard to the availability of skilled people, a clueless VC community, and the difficulties of setting up a local startup business.

Franklin Naval of Quadraforte giving a sneak peek of Project Hawaii
Terence Pua, formerly the country manager of Friendster PH and now the founder and CEO of
XACKUP, explained that US based VCs are often off-put by locally incorporated companies. This is due to their (the VCs) lack of awareness of local business practices, intellectual property matters, and local political dynamics which fails to to provide a comfort level conducive to investments.
However, Jojo Flores, VP Operations for startup accelerator
Plug and Play Tech Center, has a self imposed mission to bring deserving filipino startups to the attention of US VCs. Being well entrenched in the community, Jojo is in a good position to allay any kind of apprehensions VCs may have about getting in bed with philippine startups.
Terence and former Google engineer Franklin Naval of
Quadraforte are two of a growing stream of filipino-american valley veterans that have found a strong desire to pursue their startup efforts in the Philippines instead of the US. They cite giving back to their filipino roots and the surprising high level of competencies that pinoy tech professionals posses.
The night was capped by demos of (previously) under-the-radar startup apps by Terence, Franklin, and Jay Fajardo of Proudcloud.
Codename Hawaii, Quadraforte (Franklin Naval)
A cloud based application that manages online advertising assets and propagates them throughout multiple ad networks while providing consolidated performance analytics.
Insync, Xackup (Terence Pua)
A file sharing and collaboration application with key features of value to enterprise users such as access permission control and automatic syncing to local folders. The app includes desktop clients for major operating systems including Windows, OS X, and Linux.
check it out
Convoflow, Proudcloud (Jay Fajardo)
A real-time search engine that harvests social media content such as micro-blogs, blogs, video, and photos. Users can immediately view video and photos without leaving the site while social sharing options allow immediate re-tweets and Facebook posting of interesting content.
check it out
We hope to see you at Roofcamp #5!