• South African startup Synthasite raises $5 million in Series A round

    Techcrunch reports that Synthasite , the browser based website builder that is backed by Vinny Lingham has raised $5 million in a Series A investment round from Swiss based Columbus Venture Capital. You can find more details on Vinny's blog and a formal press release here . This is great news for the Cape Town based Synthasite, which launched into beta two weeks ago, and good news for South African startups in general. They have proved that it is possible to get decent VC for a South African startup...
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    SouthAfricaTube - another video sharing site

    I was surfing the net this morning when I saw a Google adsense ad promoting a new South African themed video sharing site called SouthAfricaTube.com . I am not sure what scares me more about the site - the fact that it does not even host its own videos, the "designed in Front Page by my cousin Dwayne in 1996" retro look, or the fact that someone would spend money advertising something like this on Google. On further investigation I managed to find Kenyatube.com and Nigeria-tube.com , all using the...
  • Don’t screw up the Start-up

    Eric Edelstein , incuBeta founder and roving VC, has started a series of blog posts entitled " Don't screw up the Start up ". I reckon these posts are going to be essential reading for anyone who is looking to start up an internet venture, or any other venture for that matter. I first met Eric in the late nineties when I was consulting in the internet gambling industry and hooked up with him again at the last JHB 27 Dinner . He really knows his stuff - I am going to be following all of these posts...

Hi, I'm Jaxon Rice. By day I run a Johannesburg based web company called Soup and by night I am the frontman of the Diesel Whores. This is my personal blog. more...