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Wired is reporting that a group of intrepid billionaires will soon announce their new venture called Planetary Resources, Inc, “which plans to send swarms of robots to space to scout asteroids for precious metals and set up mines to bring resources back to Earth."Nope, this is not a movie, this is actually happening.“The resources of Earth pale in comparison to the wealth of the solar system," Eric Anderson who founded the commercial space tourism company Space Adventures, told Wired. Anderson ...
The excitement evoked by the word 'entrepreneurship' too often drains away when the business leaders of tomorrow start trying to turn their 'big idea' into reality. Along with challenges around securing funding, building a client base and finding skilled staff, the challenges around setting up the essential IT organs required for running a healthy and secure small business is possibly one of most daunting prospects.Beyond a great idea, two things drive successful startups: speed to market and keeping the burn ...
The last post I wrote featured seven, which later became nine, South African events worth attending to grow your startup. If you have started building a product or platform that you deem worthy of international exposure, which I’m sure it is, then you may want to attract the attention of investors, mentors and innovators worldwide.Here is a list of 14 events and a startup exchange programme you may want to consider:1. South by Southwest (SXSW)One of the most talked ...
If you’re a Zimbabwean tech entrepreneur, this might be of interest to you. A competition launching next week at the Harare Club of JumpStart -- the community driven initiative for tech entrepreneurs -- will enable developers to launch their apps and earn revenue from them on Econet Wireless, Zimbabwe’s biggest cellular operator with an estimated 6 million subscribers.The competition is called the ForgetMeNot Africa eTXT Apps Challenge. ForgetMeNot Africa (FMNA) is the company that partners with mobile operators to provide ...
Bottle the following ingredients: the electric buzz of a Red Bull fueled hackerspace, the interpersonal caterwauling of a reality show and pressure, loads of pressure. Now, let it loose on a bus travelling at 60 miles an hour and you get StartupBus.StartupBus has been around for over two years now and it continues to bring together intrepid tech entrepreneurs, designers and developers who present ideas and develop working prototypes while in transit. Buses carrying these enterprising tech geeks meander towards ...
The methodology behind this list of startups had two simple directives. First, the startup had to have African roots and secondly it had to be brilliant.More specifically, we were looking for that type of brilliance that exudes intelligence, talent, quality or simply, something fresh. Of course brilliance, like most things in life, is subjective, so we went into this journey with an open mind. Tabula rasa if you will and we hoped to recognise brilliance when we saw it. We ...
Fabrice Grinda is a well-known emerging markets super angel investor and entrepreneur. He’s crazy about the internet in the BRIC countries, especially Brazil and Russia. He is also the co-founder and current co-CEO of popular free online classifieds service OLX, a direct competitor of Craigslist.Memeburn caught up with the French entrepreneur to gain some insights into where the money is going in emerging markets. According to Grinda, Brazil and Russia are exciting markets for potential online and mobile investments. ...
Throughout the world, and particularly in emerging market countries, the entrepreneurial landscape remains notoriously difficult to navigate, with an estimated 80% of small businesses failing to sustain themselves for a period of longer than five years.However, with an increasing percentage of jobs now being directly attributable to small business ventures, financial backers in both private and public sectors are slowly starting to acknowledge the substantial impact of entrepreneurial activity on a nation’s economy.Yet, in spite the rising global trend ...
You hear this quite a bit in the start-up world: The thing about technology companies, or any company for that matter, is you have to “fail to succeed”. Many venture capitalists won’t invest in an entrepreneur who hasn’t failed at least once. Some start-ups rise from the ashes to develop into successful businesses.This is not always the case. Some fail, others thrive, some just evolve. Jon Jacobson, founder of high-profile Cape Town start-up Global Vision, rose to the ...
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