Design, Entrepreneurship

16 things I learnt from Jordan Price’s sudden resignation from Apple

jordan price lead So I read about some dude -- a UI/UX designer from Cupertino, California who always wanted that dream job -- to work for Apple -- and then got it, only to quit after a short time. Jordan Price was his name, and his story was fascinating. I ended up earmarking 18 things about life and work that his experience taught me. A few I already knew, but others were new: 1. When the day comes that you're invited to the big league, what you ...

Emerging Markets, Venture capital

Globevestor matches global-minded investors with emerging market startups

globevestor Emerging market startups, especially those at the pre-revenue mark, continue to find access to early-stage capital (US$150 000 to US$1.5-million) challenging. At the same time, global-minded angel investors in Europe and the US are looking to invest in quality emerging market ventures. While news about venture deals continue to trickle out from risk-averse developing economies, Globevestor, a new Silicon Valley-based venture capital platform, is looking to heat up investment opportunities by becoming a conduit through which US and Europe-based angel funding ...


4Di Capital gets major cash injection in new fund raising round

4di capital Tech Venture Capital firm 4Di Capital today announced that Convergence Partners will join as the newest investor in its 4Di Capital Fund 1, as an equal limited partner alongside Reinet Fund S.C.A., F.I.S., and E. Oppenheimer & Son. 4Di Capital has made seven investments in South African ventures so far, and in 2012 announced its first profitable exit of mobile community startup Motribe Networks to Mxit, the largest social network in Africa. The addition of Convergence's investment to that made by ...

Africa, Microsoft

Microsoft 4Afrika Advisory Council adds members to represent Africa’s youth

microsoft 4afrika alt Microsoft has made a move to listen to, and represent, the youth demographic in Africa by adding the first four youth members to its 4Afrika Advisory Council -- the external board of advisers that guide the strategic investments undertaken by the Microsoft 4Afrika Initiative. Launched one year ago, the Microsoft 4Afrika Initiative has the goal to facilitate, and act as the vehicle to drive, Microsoft's engagement in Africa's economic development, designed to improve Africa's global competitiveness. The exact role of these four ...

Social media, Startup news

Socialbakers gets $26M in Series C, to ‘define the future of marketing’

socialbakers One of the largest social media analytics companies, Socialbakers, has capped off a successful 12 months by securing US$26-million in Series C financing. The round was led by Index Ventures alongside existing investor Earlybird Venture Capital. The financing is one of the largest rounds for a social analytics company outside of North America. The money will go towards product development, as well as improving client support, sales and marketing in the USA and other markets around the world. Socialbakers' driving force ...

Africa, Entrepreneurship, News

MEDO entrepreneurs return to SA after successful international trip

MEDO Last year, the South African development group MEDO offered entrepreneurs training as well as international exposure to business and investment partners. Last week, 12 businesses returned to South Africa from the International Trade Programme in the UK. After hundreds of entrepreneurs across South Africa applied for this opportunity, 14 were eventually chosen. The aim of the trip was to stimulate trade between these successful entrepreneurs and UK partners to further job creation in South Africa. This is the organisation's third ...

Africa, Conferences

Skills, infrastructure, local investment: Nigeria’s tech challenges [#SMWLagos]

ICT Minister Omobola Johnson "The internet revolution is similar to the industrial revolution," said Nigeria's ICT Minister Omobola Johnson at Social Media Week in Lagos. "President Goodluck Jonathan said that we missed out on the industrial revolution, we shouldn't miss out on the internet revolution. Our lives revolve around technology today." The tech minister, who has been travelling the globe collecting thoughts on how to improve Nigeria's tech industry, says that based on government assessment, Nigeria's tech sector showed growth in all sub-sectors even ...

Featured, Startups

Anatomy of a startup failure: the Airborne story

Aiborne artists and carriers It started with an ambitious idea to fix the bleeding music industry in an age of rampant piracy, and it ended with an email. Just after 5pm one Wednesday evening, South African tech entrepreneur and Airborne founder Justin Melville finished composing his letter of thanks and farewell and hit ‘send’ on the message informing his users that his startup was dead. “We had a dream that one day we might help remake the music business,” he wrote in the email explaining ...


Building a successful business means getting screwed [SMWLagos]

Screw If you're going to start an internet business in Nigeria, get ready to be screwed. That's IROKO Partners' founder Jason Njoku's biggest takeaway from the company's journey since its inception. In the last three years, the company has become synonymous with Nigerian content using the infectiously popular Nollywood as a segue, but getting there hasn't been particularly easy. The early days of the company mostly involved founder Njoku negotiating rights for movies in Nigeria. It's a not hard to see ...

Africa, Startup news

Konga’s new ‘revolutionary’ Marketplace invites all small players online

Konga Christmas Last year Nigerian online retailer Konga debuted the online storefront Konga Mall which gave certain businesses the opportunity to have their products available online. Today, the company is announcing Konga Marketplace which is said to "revolutionise" the local trade industry by inviting all business owners online, big or small. Set to launch in the coming weeks, Konga's updated Marketplace will cater not only for the big retailers, but also the small local players from the market traders and designer to the ...