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All posts by Graham van der Made: Editor

  • You can fund this sarcastic board game about Silicon Valley on Kickstarter

    Have you ever wanted to be a venture capitalist, investing in startups as you see fit? If you fund Maybe Capital on Kickstarter, you'll be able to. A simplistic title, Maybe Capital has players venturing around the game board and picking up pitching cards. They will then pitch the idea on the cards to their friends in order to secure funding. "Money is an emerging trend. We all want it, and here in Silicon Valley it exists in huge landfill-sized piles. But how do we get more of it for ourselves? How do we capitalise on the 'moronifaction' of money?" says chief expert...

  • #Budget2017: big changes to come for startups with IPs [update]

    Intellectual property (IP) exchange control is a contentious issue in South Africa, especially when it comes to software development and technology businesses. In the 2017 Budget Review, the National Treasury announced that IP exchange control would be relaxed, which is good news for startups. Ventureburn had a chance to speak to Aalia Manie, an ExCo member of Silicon Cape and IP & tech lawyer at law firm Webber Wentzel, about the announcement and what it means for the SA startup industry. National Treasury has proposed relaxations to IP exchange control & loop structures. Our lobbying has paid off! @webberwentzel @SiliconCape — Aalia...

  • HAVAIC to advise Healthcent before investment round

    South African VC HAVAIC has announced it will advise Healthcent before its first capital raising initiative. Healthcent's app, Signapps, is a secure communication solution for the medical industry. It aims to allow the sharing of patient data via mobile phones while complying with patient confidentiality legislation. "Signapps has been trialled in South Africa’s public healthcare system and private sector health providers are now seeking to learn more about the product," says commercialisation director, Andrew Davies, in a press release. "Whilst the two sectors have different dynamics, both are responding favourably to the enhanced communication potential inherent in the product." According to the product and technology director, Michael...

  • The failed startup: a narrow-minded view [opinion]

    Recently, I published an article about 17 South African startups to watch out for 2017. The piece included a range of well-known companies that achieved some pretty amazing things in 2016, such as Zoona, OfferZen, and Rainfin. Among those included was micro-jobbing platform M4JAM, which had to be sold last year. Apparently, this has caused some consternation among a few readers. I think it's time to add in my two cents to this topic. What spurred me on to write this opinion piece was the culmination of two tweets by the same author (and without mentioning names in order to avoid...

  • Q&A: Daniel Guasco on his new venture, Click2Sure

    Even with the closure of Groupon in South Africa, the ex-founding director Daniel Guasco has been busy with a range of other projects. He is part of the South African Business Angel Network (SABAN), VC Team Africa Ventures, and investing in Hyperli. Guasco recently launched Click2Sure, an insurance startup, which is a bit of a strange industry for someone with a Groupon background. Ventureburn had a chance to catch up with Guasco and chat to him about this new venture. Ventureburn: With your daily-deals experience (Groupon), why start an insurance-related business? Daniel Guasco: It was from my experience at Groupon and in e-commerce more generally that I identified the...

  • Top startup events in South Africa, Africa you should know about this week [20/02/2017]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you've come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • 17 South African startups to watch out for in 2017 [Digital All Stars] [update]

    Digital All Stars is a series of articles which aims to celebrate the best of South African digital. The articles, which will appear on Memeburn and Ventureburn, recognise and celebrate South Africa’s best digital entrepreneurs, business people, advertisers, and media professionals among others. In this piece we take a look at all of the interesting (and one or two controversial) changes that SA startups have gone through in 2016. With that in mind, we compiled a list of companies to watch for in the year ahead. BitX / Luno Easily one of the most popular Bitcoin wallets worldwide, BitX launched out of...

  • Exclusive Q&A: 88mph founder Kresten Buch on Ahoy investment

    Investment company 88mph recently broke a long silence by announcing an investment into flight booking and management app for small businesses, Ahoy. Though the LinkedIn post, written by the 88mph founder Kresten Buch, detailed the investment, it didn't have all of the details. Ventureburn reached out to Buch to ask a few quick questions on why 88mph invested in Ahoy, the amount invested, as well as any future plans the company may have. Ventureburn: How much was the exact investment? Otherwise, can you give a ballpark figure? Kresten Buch: 88mph went in together with four other investors. Our contribution was approx R1.5-million. VB: Do you know what...

  • 88mph breaks silence, announces investment in flight booking app

    Investment company 88mph, has announced its investment in Ahoy, a flight booking and management app for small businesses. The announcement came via a post on LinkedIn, written my 88mpb Founder, Kresten Buch. It did not state how much was invested in the startup. The investment in Ahoy In the announcement, Buch states that 88mph had trouble over the past few years when travelling around Africa. These issues came from problems with travel agents, flight changes and cancellations, and fraud flagging, among others. "This is of course not only an African problem, but managing travel around and into Africa for teams, with last minute needs, not...

  • Sage Summit Tour to take place in Johannesburg

    The international Sage Summit Tour is coming to South Africa. It will take place at the Sandton Convention Centre, Johannesburg, from 7 - 9 March. The aim of the event is to connect a range of entrepreneurs, business owners and talk about new technologies. 'digital transformation', and success. Some of the speakers include CEO of Sage, Stephen Kelly, chairman of Sage Foundation, Ivan Epstein, country director of Google South Africa, Luke McKend, Malian politician Dr. Cheick Diarra, and more. "During Sage Summit, Johannesburg becomes the hub for the region’s entrepreneurs. This community is the most powerful driver of economic prosperity in the Africa...