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"If this elevator goes down, so does the Cape Town VC industry." That's what Justin Stanford, co-founder of investment management group 4Di and 4Di Capital, told fellow Venture Capital investor, Keet van Zyl a few years ago on the way to an event. That's how small the VC space is in the Cape.
Speaking to the Net Prophet 2013 audience Stanford, who is also the co-founder of the Silicon Cape initiative, spoke of the current state of the Cape Town VC ... 
Grovest Venture Capital introduces a new asset class today. Investors are encouraged through incentives like tax relief as well as the growing attractiveness of the VC industry in South Africa. Although this asset class is the first operational venture capital fund introduced in South Africa, it has proven to be very successful in the UK. By having attractive incentives, Grovest aims to encourage investments which will further help grow the venture capital industry in South Africa.
In order to boost ... 
Star Publications, a media company in Malaysia which also runs Star Publications, has just launched a MYD 20 million (US$6.59 million) fund to invest in Malaysian startups. The fund, called The Star Accelerator Fund is offered in two forms: pre-seed fund and the seed fund. The pre-seed fund provides each applicant with up to MYR 300,000 (US$98,800) while the seed fund offers support of up to MYR 1 million (US$329,000) per applicant. The decision on which fund to apply for ... 
Nitrous.IO, Action.IO’s software development platform and key product, just got US$1 million in seed funding from a handful of VC firms in Silicon Valley including Bessemer Venture Partners, Draper Associates, CrunchFund, 500 Startups, TIBCO Software, and individuals like Eduardo Saverin and Prosper Nwankpa.
The whole idea behind Nitrous.IO is to help “developers create a development environment in the cloud in a matter of seconds.” If I have a developer team and I want to build and implement a software product, it ... 
We're pretty big fans of Google Glass. This type of wearable computer has tremendous potential to augment our daily experiences, but we're only starting to imagine what's possible. So is Google. To help the search monolith along, it's created the Glass Collective, a venture capital supergroup consisting of Google Ventures, Andreessen Horowitz and Kleiner Perkins Caufield & Byers (KPCB).
The three VC companies have teamed up to "provide seed funding to entrepreneurs in the Glass ecosystem to help jumpstart their ideas," ... 
South Africa's funding scene is cagey. It's really hard to find concrete information, but it's no surprise really, considering all the non-disclosure agreements. Silicon Cape has been running a survey in an effort to unlock some funding information which it hopes will enlighten the country's tech startup community.
The survey results were compiled into this infographic. While 60% of startups are self-funded, 41% are in search of funding. Funding is still a luxury available to a select few -- about a ... 
Hear ye, all you who are interested in raising capital but are sick of trying to convince the rich people to invest in your idea. Try tapping into the masses instead. Besides raising money, crowdfunding also serves a marketing purpose. It’s another way of getting the word out on your idea and to test your concept.
Here’s a 10 step guide to running a successful crowdfunding campaign, with some insights from Daryl Arnold of Newton Circus. I’ve included step zero as ... 
“Young men with unlimited capital looking for interesting, legitimate investment opportunities and business propositions.” -- Advert in the New York Times that led to John Roberts and Joel Rosenman meeting Artie Kornfield and Mike Lang, organisers of the 1969 Woodstock Music Festival.
I read two articles recently, Duncan Alberts’ Funding hurts SA tech start-ups and Alistair Fairweather’s Elon Musk: Pretoria’s billionaire space explorer and inventor. Both of them resonated with me and I wanted to add my voice to the discussion ... startups | entrepreneurship | startup-news | ecommerce |
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