Featured, Funding

Seedcamp comes to SAfrica

This is really big news. Gareth Knight (Tech4Africa) conference has managed to persuade the Seedcamp guys (like Saul Klein, who is a SAffer) to bring the Seedcamp concept to South Africa. For those of you not familiar with Seedcamp Week, you can read more about it on their site. But in a nutshell, it’s an [...]

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Crowdfund, Featured, Funding, Geekspace

Hub for geeks in Joburg!

I have been waiting a *really* long time to be able to say this, but after many attempts, and dozens of viewed properties I am happy to say that the hot desking concept we have all been talking about for ages is READY TO GO! Geekspace will be 500m2 devoted to helping entrepreneurs conquer the online space. Most of us are (or know of) coders who sit huddled in their bedroom, separated from the rest of the civil world, and who would really benefit from being a part of an ecosystem that could "feed" everyone in it symbiotically.

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Crowdfund, Featured, Funding, Starting Out

Is your idea The Next Big Thing?

The Crowdfund is looking for The Next Big Thing. Not much less. And why not?

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Featured, Starting Out

At seed stage, value is more important than revenue

In the online space “positive ROI” can be achieved by a product that does not in fact make much, or any, money.

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Geekspace

More about the Geekspace

Posted on 20 May 2010

The Geekspace is a hotdesking environment, aimed at creating a robust ecosystem for South Africa’s online development sector. It is based in Joburg. Prices: Hotdesking, R990 per month This gives you access to a desk/table, and a chair. Your workspace must be cleared each time you leave the premises. 24/7 access All facilities included Dedicated desk, R1,990 per month As [...] Continue Reading

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Funding, Geekspace

Funding the Geekspace setup

Posted on 20 May 2010

So renting an office is expensive…. Most landlords want 2 or 3 months deposit, first rent, the office needs to be furnished, connected, etc etc. The Geekspace is no different, and although there is a revenue model, it actually is a heavily subsidized one. R1000 a month, even collectively, would just never pay the rent and [...] Continue Reading

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Local Startups, Starting Out

Announcing DealCatcher.co.za

Posted on 19 April 2010

So I have been very vocal in the past, with the Crowdfund and beyond, that I am not a fan of copycat sites. I feel that if you are going to spend the time and energy on doing a startup, then you should do something that is going to wow the world and be memorable. [...] Continue Reading

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Crowdfund

Crowdfund’s first board meeting

Posted on 12 April 2010

The Crowdfund had its first board meeting last week, and we finalised some key strategies for moving forward. In the interest of transparency, I want to mention the most important ones here: We decided on a clear filtering method to deal with the applications for funding. You can read more about that here. We decided that [...] Continue Reading

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Crowdfund, Funding

Filtering the applications for funding

Posted on 12 April 2010

The Crowdfund funding decision process goes through a clear filtering stage. It’s a very quick process (all submissions done from now on should get a reply within 48 hours, although I will strive to make it even quicker. If you have applied and haven’t heard from us by tomorrow, please drop me a line.) We [...] Continue Reading

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Good Reads, Local Startups, Making it great, Starting Out

Are sticky websites good for advertisers?

Posted on 07 April 2010

Most times, it is the ideas that are so simple, so obvious that are the best of all. Chris Dixon points out in a post that if you are relying on advertisers for revenue, you actually need your website visitors to leave your site. So you shouldn’t be too sticky. He cites Google vs Facebook [...] Continue Reading

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