• 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!
  • Zando threatens legal action against Ventureburn over Koser claim

    South African online retailer Zando has threatened legal action against Ventureburn, a subsidiary of Burn Media, via its attorneys Webber Wentzel, following an article that was published on the site last week. Zando's online fashion store made serious waves after arriving in South Africa in late 2011. Since then, it claims it has grown to become South Africa’s largest online fashion player and is providing serious competition to the likes of established ecommerce players such as Kalahari and Takealot. The company is a subsidiary of the German-based Rocket Internet, a startup incubator whose business model is to...

  • Company Office

    treadFEST 2017 – five stages with New Hero, Grimehouse, Opposite the Other

    treadFEST 2017 presents five stages with a mix of music genres: Grimehouse, New Hero and Opposite the Other are just three among a host of bands and DJs in the pipeline. Welcome to the filthy side of South African Drumstep: Grimehouse. His tracks are played by some of the biggest artists in the world, including the Beatport Studios Live and a compilation for one of the world’s biggest record labels "MAD DECENT". But this is just the beginning for the filth monster! Grimehouse’s tracks are racking up thousands and thousands of plays every month on his Soundcloud page and he tries to give...

  • The Yuppiechef cult: how a startup sparked a religion

    The Yuppiechef success story has been well documented, but until now, no one has been able to explain exactly how the kitchen utensils e-tailer has managed to evoke the type of fervent support that has catapulted the Cape Town company well into cult territory. Yes, cult. Exhibit A: a Pinterest page dedicated to customers who have submitted photos of their pets in Yuppiechef packaging. The running theory is that Yuppiechef has mastered the art of customer service. It's a strong hypothesis. Yuppiechef boasts 99% positive feedback -- read worship -- on customer service watchdog Hellopeter, as well as a consistent...

  • Meet the 11 startups aboard the Unreasonable Institute’s startup ship

    Entrepreneur accelerator programme, Unreasonable Institute, is on a 100-day epic cruise around the world with 11 startups hoping to scale their businesses globally. The cruise is dubbed Unreasonable at Sea. According to the Institute its role is to "get world-changing ventures and entrepreneurs what they need to scale their impact". The ship left San Diego in early January and plans to dock in Barcelona in April, with a few pit stops in-between. One of those stops is in Cape Town. During the stop, a pitching session hosted by SAP, an enterprise application software company, will see 11 startups that were...

  • 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....

  • Rocket Internet’s Foodpanda takes off in Hungary

    Food delivery site Foodpanda seems to have scored a bit of a coup in Hungary. The Rocket Internet-owned service, which operates in 25 countries, is set to take over the service of food delivery site Ételvitel KFT. The platform allows people to choose a meal. Foodpanda processes the order to the restaurant, which delivers the meal to the person's doorstep. Currently, Ételvitel KFT has more than 200 partner restaurants in Budapest only. The takeover is designed to spread Foodpanda's influence within the country, where it has been operating for three months. According to Foodpanda it, along with its affiliated brand...

  • Notes from the Dragons’ Den: 9 lessons for the budding entrepreneur

    I guess this was inevitable. Two things are always meant to collide -- a startup journalist and a television show about startups. Dragons' Den is a reality television show that features entrepreneurs from various sectors pitching their business ideas with the hopes of securing funding from a panel of venture capitalists (the dragons). The British version of the show is currently headed into its 11th season and somehow the products just keep getting more bizarre. After watching close to 10 seasons of this show, there are few things that keep recurring that I think startups could take notice of...

  • 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...

  • How I met 75 investors and raised $650 000 in three months

    Three months. 75 investors. US$650,000 raised. My company, Love With Food, graduated from 500 Startups' accelerator program about a year ago and we raised US$650 000 in June of 2012. It was three painful months of fundraising. If you think fundraising was a piece of cake just because we were a 500 alum, think again. When I first began fundraising, all I heard was words of discouragement. Most told me the food space is hard and being a solo founder makes my path even more difficult. Fundraising is one of the most painful things I’ve done in my life. It’s...

  • 13 lessons every startup can learn from Warren Buffett

    Warren Buffett was once the richest man on the planet. He'd still probably hold, or at least be close to, that spot if he hadn't started giving away large portions of his wealth. The multi-billionaire is deservedly looked to as something of a guru by many when it comes to investment and, perhaps even more deservedly, as voice of reason when it comes to the global finance sector. The way Buffett lives his life and runs his business interests also contain a number of important lessons that can be applied to every startup. Ventureburn has identified 13 of the...

  • Some private equity negotiating tips for women working for a startup

    Before I get on my soapbox and begin waving the women-can-do-all-things flag I would like take a breath and point you all to some well thought-out advice. I was hopping around the web as one does on a Friday morning and I picked up this piece by Kathy Leake, Co-founder and President of LocalResponse, on AllThingsD. Based in New York's emerging startup scene in trendy Chelsea, LocalResponse claims to be the first platform to help marketers respond to social intent, defined as a social media moment: a tweet, a status update on Facebook, a photo on Instagram and a check-in...