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I tend to always be justifying valuations of companies way ahead of the market. Over 2 years ago, BEFORE Microsoft invested in Facebook, I wrote this blog post, valuing Facebook at $10bn...
Yola is known as a “Software-as-a-Service” business – which basically means that it’s software inside a web browser. This is a fast growing space and we’re constantly looking to innovate and pioneer an industry. We quie...
It’s great to see other young startups raising money in this tough economic environment. Cape Town based ChessCube just raised $1.25m in funding from VenFin and are looking to take the online chess market on with some really innovative products. ...
I’m honoured to be this month’s cover story in Entrepreneur Magazine (SA). Many thanks to Juliet Pitman for the great write-up. It also gave me the perfect opportunity to test out Scribd – which is an amazing service that allows you to share PDF’s and other documents. Her...
I’m at the Endeavor conference in Miami and today’s keynote speaker is Reid Hoffman (Founder & CEO of LinkedIn). I’m going to try and paraphrase what Reid says - so this blog post is by no means verbatim and just highlights the key themes of his talk. Part...
The world surely has changed since the heydays of the late 90’s. It’s been a little over 10 years since Yahoo acquired Geocities for nearly $5bn. Yahoo announced today that it would be shutting down it’s Geocities service - it seems that free websites are on their way out? Cle...
There are two models for any online business, either the user pays or someone else does… We conducted a survey at Web 2.0 expo earlier this month, and here are the findings: * 78 percent of respondents believed the freemium model will weather the economic downturn, compared to 27 percent who put t...
So, today, SynthaSite is officially renamed to Yola and it’s been a pretty fantastic day for us - a lot of work has gone into this over many months and it was a tough decision to make. SynthaSite was really built into a solid and popular brand - supporting over 1.5m users and growing rapidly. ...
I’m proud to be able to finally announce that SynthaSite will be changing it’s name to “Yola” over the next week! For more information check out our FAQ. Yola is derived from the Hindi word “jhola,” which means hatch – and hatching big ideas is exactly what you do at Yola. Check out th...
I’m really excited to announce that I’ve been selected as a Young Global Leader for 2009, by the World Economic Forum. I’m honored to have been selected and I’m looking forward to contributing to the forum. Techcrunch has a good post covering it. The of...
I’m very proud to be able to announce that during what looks like the deepest economic crisis of recent history, SynthaSite’s investors are so confident of our success, that they have increased their investment by a further $20m (R200m). T...
Welcome to the New Year! I’m been very quiet lately, for a variety of reasons, but let’s just say that you can expect the quantum of posts on this blog to pick up considerably in the new few weeks. S...
Much has been said over the past few weeks, since the major Wall Street crash in September. CEO’s worldwide have been focused on reinventing their companies and reassessing their growth plans - and figuring out how to survive the impending downturn. I have been no exception. ...
Ok - so I have been really quiet lately. I apologize - running a fast growing startup really takes more out of my day than anyone can imagine...
