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16 December 2012
The Number—and Variety—of Business Incubators Is on the Rise | Bloomberg BusinessWeek
A search for an office with an energetic vibe led Livefyre, a company that provides software for posting comments on websites, to undergo a rite of passage for new Silicon Valley businesses. It joined an accelerator, a sort of business academy for startups. For eight months, the team sat in a bullpen with fellow entrepreneurs at KickLabs, one of a long list of accelerators in and around San Francisco. Anyone who needed help could get it from a neighbor or the accelerator’s staff, which regularly doled out advice and arranged meetings with potential investors.
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15 December 2012
Africa's banks join with carriers to provide mobile money services | IDG
The fight to attract users to money-transfer services has come right to the doorsteps of banks in a marketing battle that is expected to spur a rush for customers and bring down high service charges by financial institutions in the region. The fight to attract users to money-transfer services has come right to the doorsteps of banks in a marketing battle that is expected to spur a rush for customers and bring down high service charges by financial institutions in the region.
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13 December 2012
Prioritised recommendations | Mail&Guardian
The Entrepreneurship Benchmarking Survey identified five prioritised recommendations for entrepreneurial development in South Africa. Use the "anchor firm" model. This model sees start-ups and small businesses growing as spin-offs from large, established "anchor firms" or new companies emerging to "meet a need from a large enterprise." This model presents particular promise in South Africa, says the Monitor Group, in terms of its potential to stimulate entrepreneurship, secure access to markets for start-ups and create business value through innovation and localization.
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14 December 2012
Accelerating Innovation In The New Corporate Garage: Innosight | Forbes
This week, I talked with Scott Anthony, the newly appointed managing partner of Innosight, about innovation and his article, The New Corporate Garage in Harvard Business Review in September 2012. Innosight is the innovation consulting firm that was co-founded by Clayton Christensen in 2000. Anthony will lead the firm’s strategy and operations as it continues to expand globally. Its work is rooted in the concepts pioneered by Christensen.
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12 December 2012
Venture capital deals | CNNMoney
WhipTail, a Whippany, N.J.-based flash storage company, has raised $31 million in Series C equity and debt financing. Equity backers include SanDisk, Ignition Partners, RRE Ventures and Spring Mountain Capital, while a the debt came from Silicon Valley Bank. www.whiptail.com. SpotHero, a Chicago-based parking garage reservation startup, has raised $2.5 million in VC funding. Battery Ventures led the round, and was joined by 500 Startups, Bullet Time Ventures, e.Ventures, OCA Ventures, New World Ventures, Lightbank and Draper VC.www.spothero.com.
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