Startups

A newbie's guide to accelerators and incubators: are they right for you?

A newbie's guide to accelerators and incubators: are they right for you?

Accelerators are a booming business. The phenomenon is generally seen as a blessing for the growing number of start-ups. Who is behind these initiatives, what do accelerators do ex...

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8 things American VC's find weird about European entrepreneurs

Irena Goldenberg is a principal at Highland Capital Partners Europe in Geneva. She is interviewed in ‘Mastering the VC Game’ by Jeffrey Bussgang, a very readable and accessible introduction to the world of VC's. Goldenbergs perspective is interesting, because she's an American VC working in Europe (she was born in Ukraine but educated at MIT). I thought some of her insights in the European VC and entrepreneur... Read more

Private chatroom and file sharing platform Bistri raises € 2 million

Bistri only launched in October, after 18 months in private beta. At the time, it had already amassed 200 000 users for its private network and said it aimed to add 'millions' of users in the first year. (It's now at 700 000, says its founder). Today, Les Echos report that they raised € 2 million in financing from business angels and a seed fund. Bistri was founded by former CIO of BT France Arnaud Budkiewicz. ... Read more

Pubeco raises € 1,2 million from ISAI to digitize retail catalogs

French startup Pubeco raised € 1,245 from French VC ISAI (Blablacar) to expand its team and increase its reach among consumers and retailers. Pubeco, founded in 2008 by Romain Sarels and Yannick Lalleau, digitizes retailer catalogs and paper coupons and deals. It then uses geolocation to offer localized deals to consumers. At this time, Pubeco says it has about 700 000 subscribers for its service, and it curre... Read more

UPDATED: Linden Lab (Second Life) acqui-hires Swedish gaming startup Boldai (Blocksworth)

Linden Lab, the maker of Second Life, announced that it bought Blocksworld from the Swedish studio Boldai. Blocksworld is a children's game that's described as 'a mix between Lego and Minecraft'. Blocksworld is an iPad game in which players use cubes, wedges, rockets, wheels, motors and more to easily create 3D models of anything they can imagine - from race cars to animals to robots and more. The models come aliv... Read more

Did Airbnb just clip Rocket Internet's wings? Wimdu can't find a buyer.

According to industry sources, the Samwer brothers are having trouble selling their Airbnb clone Wimdu. After investing around € 70 million in it with Kinnevik, Rocket Internet is shopping around for buyers, but it isn't finding any, according to German online magazine Focus. Potential buyers are reportedly put off by the strong showing of Airbnb, which is successfully rolling out internationally (the counter is... Read more