Industry News
Written by Chris Daily   

08 September 2012

HOW STARTUP RAISES FIRST VENTURE CAPITAL ROUND - SLAVA RUBI | CrowdSourcing

Summary Slava Rubin returns to CYF for his Year 3 interview. As CEO and Co-Founder, Rubin has helped transform cause and project fundraising by establishing his company IndieGoGo as a global leader in crowdfunding. He is also active in philanthropy, starting the Music Against Myeloma annual charity event to fight cancer. He graduated from the Wharton School of Business at the University of Pennsylvania.

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Written by Chris Daily   

07 September 2012

SA remains region’s most competitive, ranked third among Brics | Polity

South Africa remains the most competitive economy in sub-Saharan Africa, despite its global ranking slipping in the World Economic Forum’s (WEF’s) latest global competitiveness report. The country is ranked 52nd this year, down from 50th in 2011, and is placed third among the Brazil, Russia, India, China and South Africa (Brics) economies. Last year, South Africa was ranked second among the Brics nations, but was overtaken by Brazil this year. The 2012/13 report added Liberia and Seychelles to its list, bringing the total number of countries considered to 144.

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Written by Chris Daily   

05 September 2012

Innovations disrupt established markets | ITWeb

Innovations that would have been unimaginable even a few years ago are changing the competitive landscape, disrupting well-established marketplaces, and opening up new possibilities in the eyes of consumers. So said Andi Mann, VP for strategic solutions at CA Technologies, in a keynote address at the CA IT Management Symposium Africa 2012 yesterday, at the Sandton Convention Centre. “We are living in an age of innovation – innovation driven by technology,” Mann pointed out.

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Written by Chris Daily   

06 September 2012

Entrepreneurs Are Job Creators | HuffingtonPost

The entrepreneurial spirit of the American public is one of our country's last great resources. As the national unemployment rate hovers around 8 percent, our strongest competitors continue to outpace us in education and macroeconomic stability. Helping to keep America afloat in an increasingly competitive global economy is our willingness to start new business ventures -- an asset that, despite only producing a slow jobs "leak," has nearly single handedly kept unemployment from spiraling out of control.

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Written by Chris Daily   

02 September 2012

The Risk of Innovation | Entrepreneur

Challenge This entrepreneur has a business idea which he believes will be profitable. He is not sure who to talk to or how to go about starting up a business based on his idea. He asks if it is possible to secure a patent or other protection to prevent others from taking his idea. Response This is a common situation for many would-be entrepreneurs with a great business idea. To develop the idea, service providers and funders must be approached and this brings a risk of someone using the idea.

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