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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Jolla sells 6,25 % stake to Chinese investor at € 16 million valuation

Jolla sold a 6,25 percent stake to a Chinese investment firm called Express Fortune (a subsidiary of China Fortune) in a convertible bond agreement. The deal values Jolla at approximately € 16 million. Last year, the company told the Finnish newspaper that it had raised approximately € 10 million. According to the documents that China Fortune released to announce the agreement, Jolla made a net loss before tax... Read more

How Testlio won $ 25k at AngelHack '12 using this simple technique:

Testlio's Kristel Viidik and Marko Kruustuk are Baltic entrepreneurs who are currently building their product Testlio in London - it's a marketplace for testers, one of the 'distributed' testing startups we've seen popping up lately. (See also: Usertribe, which we wrote about earlier). They recently won $ 25 000 dollars at the AngelHack Fall '12 competition using a very simple technique - and they're sharing it on... Read more

Chad Fowler joins 6Wunderkinder management

Chad Fowler, formerly senior VP of technology of the daily deals site LivingSocial, will join the 6Wunderkinder management team as CTO (Chief Technology Officer). Prior to that, Fowler was Chief Technologist at InfoEther, a Ruby and Ruby-on-Rails consultancy. Fowler also hosted and organized numerous tech conferences and wrote "The Passionate Programmer", a career guide for software developers. From the press r... Read more

The M.dot story: from prototype to acquisition by GoDaddy in 10 months

I came to Silicon Valley with my co-founder just 10 months ago with a prototype and a goal to succeed. In this short timeframe, we've been rejected in an Y Combinator interview, then raised from angels and venture capitalists after 6 months of trying and launched the product. We got acquired in month 10. This is what we learned: 1. Consider joining an accelerator Consider joining an accelerator, such as Bla... Read more

From exhaust systems to Y Combinator: meet Slovenia's startup scene

The Slovenian startup scene is alive and kicking, and the kicking is becoming stronger fast. In the past few years, a new set of successful Slovenian companies managed to build exceptional products and enter the global markets, like Zemanta, Celtra, Vox.io (ED. UPDATE: read about Tomaz Stolfa's resignation as vox.io CEO), DoubleRecall and Toshl. These young startups are a big inspiration to a lot of people her... Read more