Dubbed “son of the star”, young local inventor and entrepreneur Chan Yik-hei hopes his technology startup Bull.B Tech will go public in three years.
It’s not such as a far-fetched dream, considering that only after two years, his company now has 13 full-time workers, earned a revenue above HK$1 million, and developed more than 30 apps, the Hong Kong Economic Journal reports.
He and his friends started the firm in 2012 through an incubation program launched by Cyberport.
Focusing on app development, the company counts among its growing roster of clients industrial firms, restaurants and property agencies.
An alumnus of the Hong Kong University of Science and Technology, Chan attended the university’s spring lunch Monday and brought along one of his latest inventions—a selfie photo booth.
His invention tries to capitalize on the worldwide selfie trend. Chan’s photo booth features a face recognition function, so when a person — a guest in a wedding reception, for example — shows up in front of the screen and camera, the app detects their face and automatically snaps a picture a few seconds later.
Guests can then scan the QR code on the screen and download the selfie into their smartphone. They can edit the picture as well as add messages and themes using the app.
The selfie photo booth is turning out to be a hit in wedding banquets.
The company sells the app, along with related services, to wedding planners, charging anything from a few thousand dollars to over HK$10,000, depending on the size of the function and the venue.
Chan is an ambitious young man. He said he will continue to expand his business and get it ready for a stock market listing.
Chan first rose to fame in 2004, when he garnered the second prize in the engineering category at the Intel International Science and Engineering Fair. His award-winning entry was Total Equip, a domestic security robot.
An asteroid was named after him by the Lincoln Near Earth Asteroid Research of the Massachusetts Institute of Technology, which named asteroids after winners of certain science and engineering competitions.
That’s where his epithet “son of the star” came from.
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