• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!

Venture capital

  • Can Africa accommodate Elon Musk-esque ambition?

    “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 based on my experience at Triggerfish. There is no doubt that a shortage of risk capital exists in South Africa....

  • Seed accelerator 88mph gets a VC boost from 4Di Capital

    Independent early-stage VC fund, 4Di Capital is investing in 88mph, the African seed accelerator. Details of the deal remain under wraps, but CEO and founder of 4Di, Justin Stanford, tells Ventureburn that the investment deal will see 4Di share a stake in 88mph graduates. In addition to funding, the investment from the Cape Town-based 4Di will provide 88mph startups greater access to a network of local investors and enhances the possibility for follow-on funding. Stanford says that the deal is part of building a credible ecosystem, one he hopes will draw more angel investment and move the "Silicon Cape" concept forward. He...

  • 500 startups now accepting investment online through startup nexus AngelList

    500 Startups, the Silicon Valley accelerator with a penchant for emerging markets, has opened fundraising for its Fund II through AngelList, the social network of sorts for startups. Back in December 2012, AngelList launched a partnership with Secondmarket, the private market place for buying and selling alternative assets, to allow smaller accredited investors to invest in startups. The minimum investment amount was set at US$1 000 and the service reportedly went on to raise US$12 million within 30 days of going live. 500 Startups was the first incubator to use AngelList back in January to accept applications for its Spring 2013...

  • Off to chat to a VC? Here are 10 things you need to do first

    A lot of very very smart, experienced investors have put several “must read” guides out there over the last few years on how to get their attention. If you’ve read these before, consider this a reminder. If you haven’t read these guides before, then consider this a starting point. This post should not be seen as a comprehensive list. It’s more of a response to various pitches I’ve been getting from multiple sources. “Understand the investor’s mandate, fund size, investment reqs. Pitch the right investors and build relationships with others” – TJ Sassani, Founder of Zozi. Research Before going out and trying...

  • Why your email pitch did not even make the VC’s ‘maybe pile’

    Here’s the thing: if you do a cold-call pitch to a Venture Capital (VC) investor using email, your proposal is already at the bottom of the pile before anyone has even read the subject line. The reason: VCs mostly rely on warm referrals from within their trusted networks to generate dealflow, as this acts as an automatic filter and increases the quality of proposals. It also says a lot about an entrepreneur that goes through the trouble to "stalk" a VC and infiltrate his or her networks to ultimately get introduced, or introduce themselves face-to-face in the right forum. I...

  • Meet 8 of Russia’s top VC firms

    Being a part of the Russians doesn’t mean you get a free bottle Russki Standard at tech events. Unfortunately. But what it does mean, is that you join a massive group of incredibly talented programmers and hackers and recently business-savvy tech folks, together with a whopping 150-million people all sitting in their warm homes tapping away at their keyboards. The Russian tech scene has exploded in the last five years, with companies like search engine Yandex completing an IPO on the NYSE and startups popping out of the snow like daisies in Namaqualand. A quick word on Yandex – it...

  • China’s startup scene needs more Angel investors says tech mogul Lei Jun

    Lei Jun wears many hats -- he’s Xiaomi CEO, the board chair at Kingsoft and an Angel investor -- and is one of the most respected figures in China’s tech industry. As one of the wildly successful Xiaomi co-founders, he’s also someone worth listening to when it comes to China’s startup scene. In a recent interview, the Beijing News asked him what he thought the differences were between Silicon Valley and China. Here’s what he said: The biggest difference in the startup environment between and the US is that China doesn’t have enough Angel investors, and there is...

  • Beginner investor? Here are 7 things to consider before funding a startup

    I have been dispensing a fair amount of startup advice of late, mostly picked up from hanging around some pretty hardcore venture capitalists (VCs). This time I thought we could look at a little something for the not-so-seasoned investors out there. So, if you've got some spare cash lying around, you might fancy yourself an investor. You've heard a few startups pitch and you're pretty sure that they are going revolutionise mobile/social/the web as we know it. You have the money and they have the killer power point so it is a marriage made in startup heaven. That's great, but...

  • 18 questions you should ask a VC before you sign your startup away

    So you have been lucky: your idea is the next Google and investors have decided put a pile of money into it. This is all good news -- after all, it is not easy to impress venture capitalists. Building a company from scratch is a very difficult business and you need to be prepared. Choosing the right VC is a tough decision. I was once told by a VC that the relationship between a startup and its VC is very much like a marriage. It is a long-term commitment that is full of struggles and disagreements and it is quite...

  • 10 VCs you should be pitching to right now

    So you're a startup, and you have a great idea. In fact, your idea is going to change the world. It's better than Facebook. But you have no money. You need a venture capital firm to take pity on your poor soul (and make a truck load of cash from your great idea). South Africa's venture capital space is growing quite nicely. With startups funded by the country's firms exiting to big multinationals like Visa, it's no wonder the startup scene in South Africa has a seemingly cool visage. In the last year more than 30 startups received funding, won...

WP Twitter Auto Publish Powered By : XYZScripts.com