Entrepreneurship

Dragons’ Den Episode 6: holding onto the hoard

Dragons Den SA 6 In the real world, outside of TV, even the most polished entrepreneurs have to fight extremely hard to get funding. It's not easy. You are, after all, asking people to invest their own money in you. This week, the entrepreneurs in the den got a taste of just how difficult the fight for funding can be. Jobbing around Amanda and Paul Rabinowitz, the first entrepreneurs in the den this week, initially had us breathing a sigh relief. The product they ...

Entrepreneurship

3 books you should read before expanding your startup into a new emerging market

books Maybe you're like Bill Gates, who takes a full week out of the office every to read books, and then goes on for another 12 months of business and life adventure fueled with inspiration. If you're reading these lines, you're likely interested in the emerging markets and what they offer in terms of startups and entrepreneurs. For your Christmas reading list, here are three suggestions to start 2015 with more brainpower. How Asia Works: Success and Failure in the World's Most Dynamic ...

Africa, Startup news

Internfit hopes to address SA’s issue of youth unemployment

internfit South Africa's skills industry has been a hot topic of late. With an estimated 50% of citizens between the ages of 15 and 24 considered unemployed, it's to no-one's surprise. On a mission to address the country's growing number of youth unemployment, Internfit is an online platform that sits in between the demand and supply of internship positions in SA's complicated jobs industry. "One would imagine that in a skills-starved economy they are in high demand, but unfortunately finding an internship ...

Startup news

Softbank investment sees Snapdeal push past $1bn in funding

Snapdeal Japan’s SoftBank Group announced today that it would invest US$627 million in Indian online retailer Snapdeal. With this latest funding, Softbank will become the leading investor in Snapdeal. Existing investors have also participated in this round with a significant undisclosed investment. Nikesh Arora, Vice Chairman of SoftBank Corp and CEO of SoftBank Internet and Media, Inc (SIMI) will be joining the board of Snapdeal as part of this strategic investment. This is the largest investment made by a single investor in an e-commerce ...

Africa, Featured, Startups

Making millionaires: the developers who won big in Gyft’s Silicon Valley exit

cape_town_silicon_cape "Gyft was mostly built out of Cape Town," Vinny Lingham told the audience at a recent Silicon Cape event where a big funding announcement was made. The announcement was hailed as the financial commitment that would change everything for the Western Cape's startup ecosystem. But the ecosystem is already changing. It began changing when the early stage employees of Gyft found out about the startup's exit worth more than US$50-million. Why? Because the developers based in Cape Town were given share options ...

Africa, Entrepreneurship

Inspire Mastery: 5 reasons to become an entrepreneur

business-plan A successful entrepreneur knows how to master his or her environment. An idea can only take you so far. The skill lies in knowing how and when to execute. Inspire Mastery is a series that looks at some of the trends that are driving the journey of South Africa’s savvy tech entrepreneurs. There has probably never been a more exciting time to start a business. Given the tools and knowledge at our disposal, the possibilities are nearly endless and they certainly ...

News

Accommodation marketplace SleepOut wins Startup Battle of the Cities 2014

sleepout SleepOut -- the popular African accommodation marketplace -- has recently been named the winner of the 2014 Startup Battle of the Cities (SBOC) at IdeaLab! – The Founders’ Conference, Germany. The competition is part of IdeaLab! – The Founders Conference, an annual event that brings together ambitious students, young founders, seasoned investors and experienced entrepreneurs in an environment that promotes the exchange of ideas and networking. Other startups that pitched were V1ntage, which represented Chisinau, Moldova; Pzartech representing Tel Aviv, Israel; and Coindrum ...

Africa, Entrepreneurship

Inspire Mastery: looking to the bright future of SA’s tech ecosystem

sunset A successful entrepreneur knows how to master his or her environment. An idea can only take you so far. The skill lies in knowing how and when to execute. Inspire Mastery is a series that looks at some of the trends that are driving the journey of South Africa’s savvy tech entrepreneurs. The best part of a journey is the exploration. That, and the expectations. Though South Africa’s yet to become a leader in tech, it’s showing some promising signs. And ...

Africa, Startup news

SA startup hopes to raise $100k with innovative Wi-Fi enabled ‘whiteboard’

WriteBoard Whiteboards, pinboards and chalkboards are old-school. At least this is what WriteBoard Technologies -- a South African startup that hopes to change the ways in which businesses brainstorm, teachers teach and households stay on the same virtual page -- thinks. The startup is hoping to raise funding via the crowdfunding site, Indiegogo, with an ultimate goal set at US$100 000. Pretty ambitious. The funds are needed "to finalise mass production strategies and align [WriteBoard Technologies] with partners who can assist ...

Africa, Entrepreneurship

Inspire Mastery: The importance of collaboration in the SA tech space

peas-in-pod A successful entrepreneur knows how to master his or her environment. An idea can only take you so far. The skill lies in knowing how and when to execute. Inspire Mastery is a series that looks at some of the trends that are driving the journey of South Africa’s savvy tech entrepreneurs. Cultural segregation remains one of South Africa's biggest barriers to real growth. It's becoming increasingly obvious though that modern tech and startup cultures are helping grow communities. Sharing spaces and ...

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