Startups
SA Edutech Startup FoondaMate Raises $2-Million in Seed Funding
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5 Ways IT Companies Can Grow in Africa
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Nigerian Insurtech Startup Secures $1.5-Million Pre-Seed Funding
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In the US, public-private state associations form networks of support for crypto businesses
When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials and eight trade association leaders to examine “various potential applications of and policies for blockchain technology” and report to the governor in December 2023. Republican state Senator Sharon Brown, one of the sponsors of the legislation, said, “By creating the Washington Blockchain Work Group, we are sending a clear message that Washington is ready to start working with the private sector to advance this technology for the benefit of all Washington residents, empl...
Pranary Business School Teaches Entrepreneurs How to Get Investors
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South African Incubator Set to Exhibit at IOTFA 2022
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Crypto startup employee quits after realizing telltale signs of failure
The startup ecosystem has historically played a vital role in shaping the crypto community into an almost $2 trillion industry. However, numerous players bank on this notion to consistently overpromise and underdeliver the big WAGMI dream. Back in December 2021, Redditor busterrulezzz thought they landed their dream job after being hired by a crypto startup — only to realize that they were now a part of the problem and resigned from the position two months later. Redditor u/busterrulezzz: Source: Reddit As narrated by busterrulezzz: “First of all, the level of disorganization and chaos was absolute madness. Each morning we had a different objective, based on the most recent trend in the market.” The Redditor alleged that the crypto startup, which shall remain unnamed due to an active ...
6 Ways Technology Has Made it Easier to Start a Company
Image sourced from Pixabay: https://pixabay.com/photos/teamwork-cooperation-brain Starting a company is no easy feat. It takes hard work, dedication, and perseverance to get a business off the ground. But in today’s world, there are a number of tools and technologies that make it easier than ever before to start a company. You will have to consider a number of things such as your business model, target market, and competition. But with the right tools and technologies in place, you can streamline the process and get your business up and running in no time. Let’s take a look at 6 ways technology made it easier to start a business: Electronic Company Registration When you’re starting a company, the first step is usually to register it with the appropriate government agency. This process can ...
6 Common Cybersecurity Mistakes Made by Startup Companies
Image sourced from Pixabay Some of the most successful companies today began their journey as startups. They usually start with a brilliant idea or a new technology that promises to solve a problem to rethink the way we do business. The African region is no stranger to startups, where reports suggest that African startups raised near $5 billion in total estimated funding from 740 deals last year, predominantly in tech startups. This is more than a 250% increase from the $1.3-billion estimated total funding raised in 2020. Startup owners often draw attention to issues of business planning, marketing strategy, and attracting additional investment, but do not address the need to build a solid cybersecurity system. The lack of a clear understanding of threats can cost a startup a potentially s...
Google Chooses 15 New Startups for its Startups Accelerator Africa
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Citi’s digital asset co-heads resign with plans to create crypto startup
Alex Kriete, co-head of digital assets at Citi, announced his resignation from the banking giant after 11 years at the firm on Thursday via LinkedIn. He stated in his post that he intends to devote himself full-time to developing a new cryptocurrency company but provided no additional details at the time. Kriete co-led the digital assets group with Greg Girasole for less than a year since the unit launched in June 2021. Girasole also announced his departure via LinkedIn and together, he and Kriete plan to start their own blockchain-related venture. The two said they would share more details about it in the coming weeks. Kriete‘s excitement for his new undertaking stemmed from the belief that digital assets will “continue to grow in importance to global capital markets and the formatio...
Microsoft Startup Accelerator: The 12 African Startups Chosen So Far
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