Ideas & insights

VAT for European #SaaS founders: here's what you need to know

VAT for European #SaaS founders: here's what you need to know

Companies in EU or that have some of their customers in the EU have to know how VAT (Value Added Tax) applies to them. Keeping your business in good books with the VAT man is cruc...

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"How I successfully switched from services to products"

The services industry is hardly scaleable, and in these times obsessed with scaling, that sounds like a disease, like you’re doing something wrong as an entrepreneur. Why are you not scaling more efficiently? Everybody knows that this is what makes a successful business. So I’m sure there’s a lot of entrepreneurs out there that want to make the switch from consultancy to selling products. Belgian entrepren... Read more

Digital innovation: why Silicon Valley will be replaced by a global valley

Silicon Valley is still synonymous with digital innovation and information technology. But for me, the new research in the  Startup Ecosystem Report 2012 by Telefonica Digital (@tefdigital) and the Startup Genome supports my view that we are seeing a shift to a global valley. You can see the evidence in entrepreneurial stories from all over the world, Europe included: consider SoundCloud (Germany), MindCandy (UK)... Read more

Consumer internet dead? "You're wrong!" says Dave McClure

That didn't take long: Dave McClure, another big shot VC, is saying that Fred Wilson has it all wrong when he says that the consumer web party is over, as we reported this morning: "Consumer and small business internet opportunities are FAR from “over”, and any such commentary is foolish, narrow-minded, and simply dead wrong (altho, it may indeed be “over” for most large funds attempting to do seed-stage i... Read more

18 of 25 of SAP's "Jedi's" are Indian IT'ers - and not because they're cheaper

Today, SAP will promote its 25 best IT people to the status of “Jedi”. SAP co-CEO Jim Hagemann Snabe was at a discussion last week in Copenhagen, and explained why 18 of them are Indian, and what that means for Europeans. 1. Europe needs to wake up and smell the global competition [caption id="attachment_2483" align="alignleft" width="150"] Jim Hagemann Snabe, SAP[/caption] One of harsher realities he pointe... Read more

"It will become a lot tougher for consumer internet companies to break out"

Fred Wilson of Union Square Ventures wrote a blog about the evolutions in the VC world in the last couple of months. He reacted to a WSJ article that noted that VC funding of consumer internet and mobile companies is down 42 % in the first nine months of 2012. And it's not seed rounds that are down, it's follow-on rounds. Wilson sees three trends that caused this: 1. The consumer internet has become ossified The we... Read more