Tag: Entrepreneur

Cloud

Israel’s position at cutting edge of global tech is at risk due to talent shortage

(Reuters) — When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home. He went to Ukraine and hired 120 people to develop mobile apps and web platforms for international clients and smaller Israeli startups. “I worked for years in…

Tech

‘One size fits all’ investing is limiting innovations in East Africa and India

GUEST: If you’ve been reading startup tech blogs and news outlets, you might think it’s an exciting time to be a fintech startup in East Africa and India. There are some notable exits coming out of India, like the 2016 acquisition of Citrus Pay by Naspers’ PayU for $130 million, one of the largest-ever acquisitions…

Tech

The unconventional way I choose my startup investments

GUEST: I recently retired after working for 40 years at publicly held companies where my fiduciary duty was to my shareholders. For those 40 years I was tasked with delivering the highest possible return to my investors, without engaging in anything illegal or unethical. While I balanced short-term results with long-term value creation considering my…

Tech

Softbank says its $50 billion will reach entrepreneurs from Kansas to Kentucky

It’s a bold vision: 50,000 new American jobs to be created by a series of investments from Softbank Capital. And with the investments coming from a $100 billion fund , that jobs number feels like a sure thing . What’s not certain, however, is where those jobs will be located. “We don’t mind where the…

Tech

These were the 10 biggest European tech stories this week

This week, Tech.eu tracked 12 technology M&A transactions, 2 IPOs and 57 tech funding deals totalling about €751 million (about $841 million) in Europe, Turkey and Israel. Here’s an overview of the 10 biggest European tech news items for this week: 1) Chinese e-commerce giant JD.com is investing $397 million in the London-based luxury fashion…

Tech

Houzz raises $400 million, doubling valuation to $4.3 billion

Houzz , which provides a home remodeling and design service, just closed a $400 million round led by Iconiq Capital, according to a report published today by the Wall Street Journal . Previous investors Sequoia Capital and GGV Capital also participated. Equidate , a stock market for private companies, estimates the company to be valued at $4.3…

Tech

Watch SpaceX launch a used rocket and attempt an extra-tricky landing

ANALYSIS: SpaceX is planning to launch a Falcon 9 rocket with a first stage that has previously been used to deliver satellites into space. The launch — carrying the first geostationary communications satellite in Bulgaria’s history – is expected to be deployed around 12:10 p.m. PT and will be streamed live on YouTube and a…

Tech

Why you shouldn’t be afraid to ask when it comes to networking

Jennifer Fonstad, cofounder of Aspect Ventures and a seasoned venture capitalist, admits she’s more of an introvert than an extrovert. But when it comes to networking with Silicon Valley insiders, she’s a pro. Her advice: Don’t be afraid to ask. Fonstad offered her advice at the Catalyst Conference in San Francisco this week in a fireside…

Cloud

Microsoft Teams gets School Data Sync, OneNote class notebooks, education apps, and assignment management

Microsoft today updated Microsoft Teams with four classroom features “designed to help schools achieve more together.” The new functionality, previously limited to a select few in private preview, is now available to all Office 365 for Education customers worldwide (in 181 markets and 25 languages) across Windows desktops, Macs, Android, iOS, Windows Phone, and the…

Tech

Brazil-based Neoway raises $45 million to bring its sales analytics to the U.S.

EXCLUSIVE: Neoway , which provides data and analytics to companies in Brazil, announced today that it has raised $45 million to expand into the U.S. QMS Capital led the round, with existing investors Accel, Monashees, and Endeavor Catalyst joining. New investors include PointBreak and Pollux. The company, which is based in Florianópolis, Brazil helps clients…