Crowdfunding is an excellent initiative by Eve Dmochowska to jump-start South African tech startups. How does it work? The idea is simple – a bunch of people each invest R1,000 [or multiples thereof] in a pooled fund which then gets allocated to startups based on merit. The startups get funding [clearly not too much, but [...]
You’ve most likely heard the rumours. If they’re true… … I’ll be hacked off that it actually is possible despite all the excuses we’ve been hearing for so long. If they’re true… … I’ll be fuming that it’s one bank driving this, not the government or the SARB or any of the other bodies that [...]
Would you be willing to support a new young startup business that you’ve never heard of? Chances are small I bet. How about if you’d seen mention of it in the media, heard about it on the radio or heard colleagues talking about it around the water cooler? Maybe a bit more hope for them [...]
A wise man is foolish to think he knows more than he actually does. Building a business model/business plan – why bother? Some people think this is good, some think it’s a waste of time. I’m in the former category. Mashable carried a great article on “5 Business Models for social media startups”. The models [...]