Category Archives: Venture Capital news

Opening speech @ #SiliconCape

Here is the text of the speech I gave at the opening of Silicon Cape in Camps Bay. I’m not alone in saying that this was an inspiring and well-supported event. Welcome everyone and thank you all for coming. A special welcome to the Western Cape Premier, Helen Zille, Dr Mamphela Ramphele and Mr Johann […]

Silicon Cape a trending topic on Twitter

A short word on innovation

Innovation in a business context is one of the most misunderstood concepts around. I have to admit that I’ve misunderstood it for most of my life too. I’ve grown to realise that ideas by themselves are pretty much worthless — and innovation really arises out of a process of execution of those ideas that tests […]

Synthasite gets $20-million smackeroos

Synthasite, the site that creates sites, has just received $20-million more in funding. It’s been the worst kept secret in the industry, but now it’s official. The site is also about to undergo a name change to secure a much shorter, four-letter .com domain — but this is yet to be officially announced. One of […]

Sequoia Capital on startups and the economic downturn

This presentation from famous Silicon Valley Venture Capital firm, Sequoia Capital, is a must-see. It explains the effects of the economic downturn on venture capital and internet startups. The news obviously isn’t good, as investors will shun typically risky online startups, unless they are entities that can turn faster, if not immediate, profits. There‚Äôs quite […]

Internet Solutions to create new VC fund for web innovation?

It looks like Internet Solutions (IS) may be creating some kind of incubator or venture capital fund to encourage local web innovation and startups. The details are sketchy at this stage, but it in fact looks like the new initiative will launch as soon as this month, possibly middle of the month, with the launch […]

Venture Capital: The lies people tell

Got this from a presentation by David Murray of Cape Venture Partners, a Venture Capital fund which has invested in quite a few successful businesses. Was alerted by a comment about 10 seconds after I posted this (literally) that it was originally adapted from Guy Kawasaki, here and here. So duly credited. Top ten lies […]

15 Startup Commandments

Found this a good read, especially in the context of creating Amatomu.com. Got it off a Facebook group. The commandments 1. Your idea isn’t new. Pick an idea; at least 50 other people have thought of it. Get over your stunning brilliance and realize that execution matters more. 2. Stealth startups suck. You’re not working […]